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16 Jul 2018

BNP Paribas response

"BNP Paribas is a global bank that finances all the sectors of the economy. The Group is a leader in financing oil & gas and other extractive industries. That's why, being committed to financing the economy in an ethical manner, we decided as soon as 2013 to develop both a mining and an oil sands policy, that is to say a voluntarily framework to manage the environmental and social impacts of its financing and investment in these sectors. The oil sands policy has been broaden in 2017 to cover the whole unconventional oil & gas sector: the Group no longer supports companies whose principal business activity is the exploration, production, distribution, marketing or trading of oil and gas from shale and/or oil from tar sands and has also ceased financing of projects that are primarily involved in the transportation or export of oil and gas from shale or oil from tar sands..."

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