Banken for en verden i endring The bank for a ... - BNP Paribas

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Banken for en verden i endring The bank for a ... - BNP Paribas

• impact on the natural environment / three areas for action

SuppLIER SELECTION

Supplier selection is a central feature of the

Group’s environmental policy. All supplier contracts

include clauses related to social and environmental

responsibility, which key vendors have

accepted following in-depth dialogue with the

Group on the issues involved.

Paper purchases

In 2006, a working group developed a methodology

for selecting the Group’s paper suppliers

and print-ers based on sustainable development

criteria. The Group has signed agreements with

paper manufac-turers that guarantee a responsible

approach to forest management, with full

replanting after harvesting. The Group selects

the paper used not only by its employees but

also by the companies that carry out printing

on its behalf. BNP Paribas Assurances, as an

example, grants preferred status to printers that

practice environmentally sound printing and are

accordingly certified by the Imprim’Vert (green

printing) label. All white paper approved by the

BNP Paribas procurement function in France is

certified as Ele-mentary Chlorine Free (ECF). The

Group’s printers and its entities outside France

are gradually shifting to ECF paper as well.

Purchases of renewable energy

In France, part of the Group’s electricity comes

from a supplier whose contracts include an obligation

to ensure that at least 15% of the power

comes from renewable sources. The Canadian

operations obtain all their electricity from renewable

sources. In Germany, renewable energies

account for 18% of the electricity used by

BNP Paribas Frankfurt and Cortal Consors.

Other purchases

In France, environmentally-friendly products

account for 9% of the total cost of the Group’s

office sup-plies. Based on a scope representing

60% of FTE staff outside France, green products

make up on average 12% of office supplies, with

significantly higher percentages in Switzerland

– 25% – and espe-cially Japan, with 63%.

wASTE mANAGEmENT

The Group is continuing to roll out, both in France

and worldwide, a waste treatment policy centred

on collection of paper and board as well as toner

cartridges, for which rates of recycling are rising

fast. Detailed information on the Group’s waste

management practices is provided under point 9

of the sum-mary table relating to the environmental

chapter of the NRE Act.

BNP Paribas among the first shareholders

of EcoFolio

EcoFolio, an environmental body established

in 2006, applies the principle of

extended producer re-sponsibility in the

area of informational and advertising

brochures and leaflets. Using financial

contribu-tions from producers of these

media, EcoFolio provides funding to local

government authorities to pro-mote

segregated collection and recycling, in

addition to informing the public and

raising awareness. BNP Paribas is one

of the founding shareholders of EcoFolio

and the head of the Group sustainable

development function has been appointed

to the organization’s board of directors.

Owing to the nature of its business,

BNP Paribas produces only modest

quantities of promotional paper media as

compared to the retail industry. Yet its

decision to commit strongly and early to

the establishment of EcoFolio arose from

its sense of environmental responsibility.

108

BNP PARIBAS AND ITS STAKEHOLDERS

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