Questions écrites à BNP Paribas Assemblée générale 2021

The document outlines eight key demands from Reclaim Finance and Les Amis de la Terre France addressed to BNP Paribas. It calls for the bank to strictly apply its coal exit policy, cease all support for hydrocarbon development, exit high-risk sectors like the Arctic and unconventional oil and gas by 2030, and vote against Total's climate strategy. Additionally, it urges the bank to withdraw from gas projects in Mozambique, strengthen exclusions on soy-related deforestation in the Cerrado, and formalize a policy to end support for oil drilling in the Amazon.

• The authors demand that BNP Paribas suspend financial services to RWE and Fortum by the end of 2021, arguing these companies lack compatible coal exit plans and are actively working to "ralentir la sortie du charbon en Europe".
• BNP Paribas is accused of increasing its support for the fossil fuel industry, providing 120 billion US$ in financing between 2016 and 2020, with nearly 28 billion US$ provided in 2020 alone.
• The document claims BNP Paribas has significantly increased financing for high-risk sectors between 2019 and 2020, multiplying oil sands funding by 7 and nearly tripling financing for shale oil, shale gas, and LNG.
• Despite excluding oil project financing in the Arctic in 2017, BNP Paribas remains among the top 20 banks globally involved in the region, holding nearly 2.7 billion US$ in shares and bonds.
• The authors urge BNP Paribas to vote against Total's climate strategy, asserting it is not credible as Total plans to increase gas production by 30% by 2030 and allocate approximately 80% of investment spending to oil and gas by 2030.
• The document highlights a humanitarian crisis in Northern Mozambique linked to gas projects, noting that between 10,000 and 30,000 people are gathered at the gates of gas facilities in Quitunda due to conflict and displacement.
• BNP Paribas is called upon to accelerate its 2025 target for ending soy-related deforestation in the Cerrado to 2023, noting the bank provided nearly 4 billion dollars in financing to Cargill between 2016 and 2019.
• The authors request a detailed sectoral policy to formalize the bank's decision to stop supporting oil extraction in the Amazon, following reports that BNP Paribas was the 4th largest banking supporter of such extraction between 2010 and 2020.

APA

Reclaim Finance (2021). Questions écrites à BNP Paribas Assemblée générale 2021. https://reclaimfinance.org/site/wp-content/uploads/2021/05/BNP-Paribas-–-questions-écrites-AG-2021.pdf

Chicago

Reclaim Finance. Questions écrites à BNP Paribas Assemblée générale 2021. 2021. https://reclaimfinance.org/site/wp-content/uploads/2021/05/BNP-Paribas-–-questions-écrites-AG-2021.pdf.

Wikipedia

{{cite press release |author=Reclaim Finance |title=Questions écrites à BNP Paribas Assemblée générale 2021 |date=2021 |url=https://reclaimfinance.org/site/wp-content/uploads/2021/05/BNP-Paribas-–-questions-écrites-AG-2021.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{reclaimfinance2021questions, author = {{Reclaim Finance}}, title = {{Questions écrites à BNP Paribas Assemblée générale 2021}}, publisher = {Reclaim Finance}, year = {2021}, url = {https://reclaimfinance.org/site/wp-content/uploads/2021/05/BNP-Paribas-–-questions-écrites-AG-2021.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }