Annual report 2019

Eco-friendly products and services

Our key commitment in the field of environmental responsibility is to support our customers in the energy transformation, and thus to develop eco-friendly products and services.

Bank BNP Paribas is constantly developing its offer of products and services to help our customers transition to a low-carbon economy and develop their sustainable and ecological investments.

We have been financing small and medium renewable energy (RES) projects since 2008: wind farms, agricultural biogas plants, small hydropower plants and photovoltaic installations.

Our Bank specialises in financing the projects of small and medium-sized entities, including farmers. A team of renewable energy and agro experts supports customers who plan eco-friendly projects which support a sustainable economy and energy transformation in Poland.

In 2019, our offer included numerous eco-friendly products and services.

We have been offering instalment loans for the financing of ecological energy sources since 2017. The offer is addressed to retail customers and allows them to finance the purchase of: solar installations, water heaters, heat pumps, recuperators and home wind farms.

We are particularly proud of the development of a financing system for photovoltaic installations planned by individual customers. The offer is available in nearly 1,200 sales outlets of our partners throughout the country. The repayment of loans up to PLN 60,000 can be spread over 120 months.

In 2019, the photovoltaic program for prosumers was streamlined by popularising the paperless contracts among retail customers and by adding the option of postponing the first instalment by 1 month.

The dynamic development of the loan offer related to renewable energy installations for individual customers allowed us to finance over 10,000 household installations in December 2019 and to become the market leader in this segment.

Farmers from the micro sector have access to a wide offer related to financing the purchase and installation of photovoltaics, including: Rzeczówka Light revolving loan in the margin account, Agro Lider mortgage loan, and Agro Progress investment loan.

The loan was created in cooperation with Bank Gospodarstwa Krajowego as part of the “Loan with a BGK Bonus” program and is addressed to housing communities aiming to improve the energy classification of multi-family residential buildings.

The Green Energy investment loan was created to support investments in renewable energy sources. It is intended to finance the construction of wind farms, hydropower plants, solar farms and installations for the production of electricity or heat from biomass/biogas. The loan can be used by businesses planning to generate energy from renewable sources. One of the conditions is the possession of a preliminary license for the production of RES energy issued by the President of the Energy Regulatory Office (if required by law).

Companies planning to implement new technologies (self-developed or acquired) and launch innovative products on the market can apply for a non-returnable subsidy of up to PLN 6 million under an EU program which our Bank participates in. Loans for technological innovations are a product of cooperation with Bank Gospodarstwa Krajowego. The latter grants a non-returnable technological bonus, which partially covers the loan capital, thus encouraging the implementation of bold innovative investments.

Between 2011 and 2019 Bank BNP Paribas cooperated with the European Bank for Reconstruction and Development (EBRD) as part of the Program for Financing Sustainable Energy Development in Poland (PolSEFF). The cooperation was related to the financing of energy efficiency projects in the form of investment loans and leasing with an ecological premium. The product was addressed to SMEs and financed investments which reduced energy consumption by at least 20%. The program also involved the creation of an innovative tool: a publicly available list of LEME energy-saving machines. In addition, throughout the entire investment process, PolSEFF experts offered entrepreneurs free engineering support and advised on the selection of technologies that reduce energy consumption. Over 2,000 projects have been financed within the program.

Bank BNP Paribas supports investments which are not only meant to meet the investment goal, but which are also planned in a socially responsible and environmentally friendly manner. The Bank decided to participate in a campaign whose purpose is to plant a tree for every EUR 1,000 spent on socially responsible investments.

The program encourages participation in the recreation of a forest area in the Greater Poland Voivodeship, which was destroyed during a tornado in 2017. Owing to the program, the indicated area will be afforested by the Reforest’Action company in April 2020.

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