Banks on the way to environmental responsibility?

With the campaign "French banks: save the climate! "Launched in January 2006, and a consequent report issued a month later, Friends of the Earth have not done half the measure to react to banks on their environmental responsibility. Findings, analyzes, recommendations, the approach of the NGO seems to bear fruit.

One month after the launch of the "French banks: save the climate! In February, Friends of the Earth published a report entitled "French banks and the environment: almost everything remains to be done. After a detailed analysis of the environmental management system, the system of evaluation of environmental policies, direct environmental impacts, and finally indirect impacts (investment and financing policies), the report concludes that among the eight French banks studied *, none today has a real environmental policy. According to the NGO, the banks do not provide evidence that they make the environment the priority they all display. It points in particular to the virtual absence of transparency, fuzzy environmental objectives, the lack of added value on the part of banks that have adopted voluntary commitments such as the Global Compact and underlines the need to generalize and reinforce the provisions of the NRE law.

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