BNP Paribas Accelerates Support of the Energy Transition

BNP Paribas takes further measures to accelerate its support of the energy transition. The BNP Paribas Group will no longer do business with 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. BNP Paribas is also ceasing financing of projects that are primarily involved in the transportation or export of oil and gas from shale or oil from tar sands.