BNP Paribas, No. 1 European bank following its 2020 solicited rating by V.E (A1+ rating)
BNP Paribas obtains the maximum rating of
A1+
This result enables the Group to retain its position as first bank in the sector of “Diversified Banks” in Europe (out of a universe of 31 companies) and to be ranked in the global top 2% (across all sectors and regions) of companies rated by the agency at that date.
Moreover, with a score of 71/100 obtained in respect of its biannual ESG (Environmental, Social and Governance) rating, in January 2021, BNP Paribas has achieved its best performance since the Group began taking part in this exercise in 2003. BNP Paribas is therefore ranked as the leader in its sector (Diversified Banks) and 9th best-rated company by the agency, across all sectors and regions (out of a total universe of more than 4,900 companies as at 04/01/2021).
“BNP Paribas’ results in its 2020 solicited rating confirm its leadership position in terms of non-financial performance in the banking sector. They recognise the efforts implemented across the Group to incorporate the best environmental, social and governance principles in the conduct of business and corporate culture. This A1+ rating is the result of a robust CSR strategy that BNP Paribas has successfully implemented over the long term, while demonstrating its ability to respond to the rise of new challenges such as the ongoing health crisis. In this context as in any other, we will continue to support our customers in their development while applying the best ethical standards to our activities,” says Laurence Pessez, Head of Group Corporate Social Responsibility at BNP Paribas.