BNP Paribas' Business Leadership: ESG Very Much Includes the 'S'
Environmental pledges dominate #sustainabledevelopment headlines and it is therefore pleasingly eye-catching to see #esg news out over the last 24 hours from BNP Paribas that addresses societal interests. The global financial services firm announced plans to launch the Inclusive Growth fund, set to deliver returns via investment in companies that approach inequalities in income, education, gender, ethnicity, geographic origin, age and disability.
BNP Paribas hasn’t created the fund from scratch. However, BNP's #leaders have sought to reshape and restructure the existing Human Development fund to provide a better, more potent #impactinvesting proposition.
The Inclusive Growth fund is due to meet all United Nations #sustainabledevelopmentgoals, with particular focus on:-
- SDG 1: no poverty
- SDG 5: #genderequality
- SDG 8: decent work and #economicgrowth
- SDG 10: reduced inequalities
The pandemic has thrown into sharp relief the stark realities about societal inequalities and the need for #leadership to be innovative, brave, ambitious and do things differently. BNP’s strap line suggests it’s looking to do just that as “The Bank for a Changing World.”
How are you daring to be different?
#sustainableinvesting #diversityandinclusion
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