Three non-profits are suing BNP Paribas for taking insufficient action to end fossil fuel financing, though the bank insists its strategy of reducing oil and gas exposure is ‘largely on track’.
Three non-governmental organisations are suing BNP Paribas, France’s biggest bank, for failing to comply with the country’s duty of vigilance law and for taking insufficient action to end fossil fuel financing. The case is the world’s first climate lawsuit against a commercial bank.
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