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UK Environmental Policy

Launched in September 2015 by the UN, the Sustainable Development Goals address the global challenges we face, including those related to climate change and environmental degradation. As a major international company and financial services group we have the human, technological and financial resources to push boundaries, to be part of the solution and to take a leading role. This policy provides a framework for understanding and managing our environmental impacts and commitments and covers all Commercial Finance operations in the UK. Being the bank for a changing world means being a bank that is committed to changing the world for a better future.

We are committed to a process of continual improvement of environmental performance.

Our key objectives are to:

 Ensure compliance with environmental legislation relevant to all areas in which we operate, and applicable requirements relevant to our stakeholders
 Support the Group in reducing greenhouse gas emissions by 25% per full time equivalent and paper consumption by 30% per full time equivalent by the end of 2020 compared with a 2012 baseline
 Retain our carbon neutral status in terms of greenhouse gas emissions from our own operations1
 Communicate this policy to external and internal stakeholders
 Encourage, guide and support employees, contractors and suppliers to act in accordance with this policy

In order to achieve these objectives, Commercial Finance will take the following practical measures:

 Continue to improve the energy performance of our buildings through the installation and optimal use of energy efficient technologies, to purchase renewable energy where possible, and to minimise water consumption
 Promote agile and digital working solutions to drive reductions in business travel and paper consumption
 Reduce the impact of our waste through increased recycling and more efficient use of resources
 Use sustainable procurement to drive improved environmental performance within our supply chain
 Monitor environmental performance and activities on an ongoing basis and use this information to regularly review and update our policy, strategy and the allocation of resources
 Actively engage with employees and other key stakeholders on building a sustainable future and supporting the United Nation’s Sustainable Development Goals

To reinforce the commitments and objectives stated in this policy, BNP Paribas Commercial Finance have implemented an Environmental Management System (EMS) certified to ISO 14001:2015. Our Executive Committee is responsible for overseeing adherence to this policy and its integration into business management processes. The policy is reviewed and updated on an annual basis.

David Morris UK Managing Director
June 2019

1 We offset our greenhouse gas emissions in accordance with the market based calculation reported in our Group CSR Report