BNP Paribas hit by climate lawsuit in France

BNP Paribas bank logo
The NGOs claim BNP Paribas has a duty to end all direct support for new oil and gas projects. (Photo: Roslan Rahman/Getty Images)

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 ...

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