BNP Paribas

Red LineText of policiesCommentsScore
Regulatory requirements
Ensure LegalityWood pulp policy
The Group requires that upstream pulp companies comply with existing social and environmental laws, at a local or state/provincial level, as wel as with international regulations ratified by their operating countries.
The Group requires (...) that upstream companies:
*do not use illegally harvested wood
The Group requires (...) that pulp producers comply with existing social and environmental alws, at a loca or state/provincial level, as well as with international regulations ratified by their operating countries.
Mills and plantations should comply with all local, state, provincial and international environmental and social regulations and laws.well
No Corruption and Tax EvasionCode of Conduct
It is every employee’s responsibility to support the Group in combating against economic crime including fraud, money laundering, corruption and terrorist financing. The BNP Paribas Group has set up a mechanism to help prevent and combat corrupt practices.
Accordingly , an Addendum on Fighting Corruption has been drawn up and integrated into the existing Code of Conduct.
We have a strong commitment to protect the customers’ best interests, which requires us to:
> Ensure that the activities comply with applicable laws and regulations, including tax rules

Anti-Corruption policy
Corruption is unacceptable for BNP Paribas whatever the circumstances
BNP Paribas’s Code of Conduct includes due diligence aimed at ensuring customers are not involved in economic crimes including corruption and bribery. It also ensures clients comply with all tax rules.well
Ensure ESIA for mills and plantationsWood pulp policy
requires Upstream pulp companies to(p5,6) :
"Provide a monitoring plan of the workforce health and safety conditions on a regular basis"
" Present a clear and stringent environmental management procedure"
Downstream pulp companies to (p6,7):
"Present a management plan to monitor and control various water effluents levels"
"Provide a monitoring plan of the workforce health and safety conditions on a regular basis"
"Present a credible energy sourcing plan"
Policies do not require ESIAs for mills and plantations. Monitoring and management plans are not the same as an ESIA.not
Social requirements
Ensure FPICWood pulp policy
The Group requires (...) that upstream companies:
* will not develop a new plantation on land owned or occupied by local communitities without having (and in line with the FSC or PEFC principles and criteria):
- conducted a FPIC process (...)
The Group requires that upstream pulp companies comply with existing social and environmental laws, at a local or state/provincial level, as wel as with international regulations ratified by their operating countries. These include (...) the international Labor Organization Convention 169
BNP Paribas requires FPIC for both mills and plantations for indigenous and other affected local communities. Grievance mechanism must be implemented when a new plantation is developed on land owned or occupied by local communities. The bank does not specify how the client must document this.well
Respect Human RightsWood pulp policy
The Group requires (...) that upstream pulp companies: * do not use child or forced labour
The Group requires that upstream pulp companies comply with existing social and environmental laws, at a local or state/provincial level, as wel as with international regulations ratified by their operating countries. These include (...) the international Labor Organization Convention 169 and the ILO conventions on forced labour and on the worst forms of child labour

Code of Conduct
The BNP Paribas Group is committed to ensuring the respect of Human Rights within its sphere of influence, meaning among employees, suppliers, customers and the communities in which the Group operates. The Group especially does not want to be complicit in any potential violation of Human Rights through its financing and investment activities. The employees of the BNP Paribas Group are expected to support the respect of Human Rights and especially to:
> Always consider the direct and indirect impacts of their activities on Human Rights around the world
> Ensure compliance with the criteria relating to the impact on Human Rights of the company/project when operating in sectors covered by a CSR financing and investment policy

Human Rights Statement
Clients:BNP expects its clients ot manage their business in accordance with the Human Rights Standards.
The bank refuses to finance child and slave labour and upholds key Human Rights conventionswell
Respect Indigenous rights and customary land use rightsWood pulp policy
The Group requires (...) that upstream companies:
* will not develop a new plantation on land owned or occupied by local communitities without having (and in line with the FSC or PEFC principles and criteria):
- conducted a FPIC process (...)
The Group requires that upstream pulp companies comply with existing social and environmental laws, at a local or state/provincial level, as wel as with international regulations ratified by their operating countries. These include (...) the international Labor Organization Convention 169
BNP Paribas requires FPIC for both mills and plantations for indigenous and other affected local communities. This includes impacts on land rightswell
No forced resettlementWood pulp policy
The Group requires (...) that upstream companies:
* will not develop a new plantation on land owned or occupied by local communitities without having (and in line with the FSC or PEFC principles and criteria):
- conducted a FPIC process (...)
The Group requires that upstream pulp companies comply with existing social and environmental laws, at a local or state/provincial level, as wel as with international regulations ratified by their operating countries. These include (...) the international Labor Organization Convention 169
BNP Paribas requires FPIC for both mills and plantations for indigenous and other affected local communities. This includes resettlementwell
Environmental Requirements
No forest degradation and deforestationWood pulp policy
The Group requires (...) that upstream companies:
*do not convert UNESCO world heritage sites into industrial wood plantations
*do not convert wetlands on the ramsar list into industrial wood plantations
*Conduct HCV assessment before developing a new plantation
*do no convert HCV forests into new plantations. In case a company's plantation is located on land formerly occupied by HCVforests, the clearing must have occured no later than 2011, and the company shall certify (and if feasible demonstrate) that it is not directly or indirectly responsible for the conversion
*have a clear and stringent peat land management procedure in place for any new plantation located on peat land
The policy protects certain areas, but it does allow development on peat, as well as the conversion of natural forestspartly
Protect endangered speciesWood pulp policy
The Group requires that upstream pulp companies comply with existing social and environmental laws, at a local or state/provincial level, as wel as with international regulations ratified by their operating countries. These include (...) the convention on International Trade on natural species of wild flora and fauna; the convention on biological diversity

Exclusion list
The trade of any plant or animal species or products governed by the Convention on International Trade in Endangered Species of Wild Fauna or Flora (CITES) which are not authorised by a CITES permit.
The policy does not mention the IUCN Red list speciespartly
No high-risk speciesNo publicly available policies or documentation were found that cover this criteria.not
No fireWood pulp policy
The Group requires (...) that upstream companies:
*have a no-burn policy, in line with the recommendations of the ASEAN policy on zero burning or with other regional best practice
Policy prohibits the use of firewell
Protect peatWood pulp policy
The Group requires (...) that upstream companies:
*have a clear and stringent peat land management procedure in place for any new plantation located on peat land
The policy aims to protect peat, but it does not prohibit new developments on peatpartly
No persistent pollutionExclusion list
The production or trade in products containing PCBs (polychlorinated biphenyls)

Wood pulp policy
The group requires that pulp producers
* develop new pulp mills using ECF or TCF technology if the bleacing process is necessary
*make the transition of their process towards ECF or TCF technology in case of already existing plants
*present a management plan to monitor and control various water effluent levels and air emission indicators listed by the applicable IFC EHS guidelines of pulp and paper mills.
Concerning water and air emissions, the group encourages pulp producers: to ensure that emission levels at their pulp mills are under or equal to the levels presented in the IFC EHS guidelines for pulp and paper mills. In the case they are higher (...) develop (...) plans to (...) decrease emissions until they are below the IFC's levels.

Soft commodities position paper
− Do not use the following products, except in exceptional cases:
 Substances that have been banned under the Stockholm Convention on Persistent Organic Pollutants (POP);
 Substances listed in Annex III of the Rotterdam Convention;
 Pesticides categorized as WHO Class 1A or 1B
− Have a policy to minimize the use of pesticides and fertilizers (incl. Paraquat).
The policy requires mills to use cleaner technology, to have a management plan for their effluents and encourages companies to keep emissions under IFC thresholds.partly
Corporate association / scope of the policy
Corporate association / scope of the policyWood pulp policy
The Group (...) encourages * in the case of pulp producers buying wood from external parties, to ask their suppliers to have their forests or plantations FSC or PEFC certified (...)
The policy contains some requirements for the supply chain, but there are no requirements for parent, sister and subsidiary companies.partly