Coal Policy.pdf

csr_sector_policy_internet_pdf_cfpg_010720.pdf
Preview of Coal Policy
🔗 Source: group.bnpparibas
📊 Size: 1.68 MB
👤 Author: SEBEYRAN Diane
⬇️ Downloads: 58

Summary

BNP Paribas has developed a policy regarding coal-fired power generation, acknowledging its contribution to climate change. The policy aims to support power companies in their coal exit strategy, with targets to stop supporting thermal coal power by 2030 in the EU and OECD countries and by 2040 in the rest of the world. The policy applies worldwide, covering coal-fired power plant projects and power generation companies, and sets rules and standards for financial products and services, including mandatory requirements and evaluation criteria. BNP Paribas does not provide financial services to new coal-fired power plant projects and requires clients to adopt a diversification strategy towards CO2 emissions reduction.

Description

BNP Paribas has developed a policy regarding coal-fired power generation, acknowledging its contribution to climate change.

Technical Information

  • File Format: PDF
  • File Size: 1.68 MB
  • Pages: 7
  • Language: EN
  • Author: SEBEYRAN Diane
  • Total Downloads: 58
  • Last Updated: 1 week ago

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