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

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

• NRE environmental indicators for 2006

NRE environmental indicators 2006 Comments

16. Efforts devoted to the reduction

of environmental risks

17. Structure to deal with pollution incidents

extending beyond the Company

18. Amount of provisions and guarantees

covering environmental risks

See Impact on the natural environment - A forward-looking and responsible

approach to financing, p. 112

BNP Paribas has set up a “Carbon team” dedicated to researching

and promoting market solutions for corporate clients wishing to fulfil their

obligations to reduce greenhouse gas emissions in line with the Kyoto

protocol and European Directives on CO2 emission quotas. As a financial

institution BNP Paribas plays a full role in facilitating the operation of these

markets and contributing to their development.

BNP Paribas is a member of the French association Entreprises

pour l’Environnement (companies for the environment).

Any crisis situation is managed by an ad hoc committee composed

of the Group’s top executives. This committee takes the measures it deems

most appropriate and informs the operating entities concerned. If the scale

of the crisis warrants it, information may be passed on to the entire Group

and there may be a call for international solidarity.

As part of the process of validating the operating risk model in 2007,

in-depth work was carried out to define and strengthen the Business

Continuity Plan, in particular in the event of pollution or accidents.

In response to natural disasters and serious accidents of recent years,

French Retail Banking and Cetelem mobilised their resources to lend

assistance to their clients that were affected.

The Group’s USD 4.9 million provision is earmarked for possible

private disputes and is not intended to cover any fines for regulatory









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