Integrated Report 2021

Sustainable Finance Disclosure Regulation (SFDR)

BNP Paribas Bank S.A. complies with the disclosure obligation under Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on disclosure of information relating to sustainable development in the financial services sector (OJ L 317, 9.12.2019, p. 1-16), abbreviated as SFDR (Sustainable Finance Disclosure Regulation).

SFDR applies to two groups of entities: financial market participants offering financial products defined in SFDR and financial advisors providing insurance or investment advice.

BNP Paribas Brokerage House is obliged to implement the SFDR due to the fact that it provides discretionary management of financial instrument portfolios (portfolio management service) and in connection with investment advisory services. BNP Paribas Polska Brokerage House applies the strategy of taking into account risks for sustainable development referred to in the SFDR when providing portfolio management and investment advisory services by:

  • Identification and prioritisation of risks to sustainable development;
  • Monitoring the list of companies whose shares are admitted to trading on a regulated market, in particular in terms of financial and non-financial risks, social and environmental impact and corporate governance;
  • Conducting a dialogue with producers and issuers of financial instruments included in the investment spectrum of portfolio management and investment advisory services;
  • Consideration of the policy of engagement when investing in admitted shares of companies in the context of the provision of portfolio management services of financial instruments.

Information related to sustainable development in the sector of financial services provided by BNP Paribas Polska Brokerage House are made available via the website of the Brokerage Office, as well as in the MiFID information package provided to customers prior to entering into relevant agreements.

BNP Paribas SA strives to ensure consistency of the remuneration policy binding at the Bank with the aforementioned strategy regarding integration of risks for sustainable development in the Bank’s activity.

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