Union bancaire pour le commerce et l'industrie
This brand is rated based on BNP Paribas
Your bank is failing on climate responsibility.
UNI is a cooperative owned by its members.
We cannot guarantee that the bank lends to fossil fuel companies but consider it to be unlikely.
We would like to see UNI put in place an explicit policy stating it will never provide support to the fossil fuel industry.
We would also like to see UNI fund more renewable energy products and offer green products for retail customers.
Last reviewed:
While you’ve been saving money for a home or a weekend get-away, your bank has likely been using your savings to lend to some very questionable fossil fuel friends.
Banks like this one have demonstrated that they're not interested in fighting in the climate crisis. While banks don't publish all of their lending information, we can see that this bank has positioned itself well to fund fossil fuels. We can also see its lack of interest in doing climate-positive things like measuring and disclosing its total emissions or stating that it doesn't fund fossil fuels. We've therefore given it our lowest rating.
Your bank may be ignoring the Paris Agreement.
The Paris Agreement set the goal to stay under 1.5°C of warming for very good reasons. According to the Intergovernmental Panel on Climate Change, an increase of just a couple of degrees more could lead to "substantial species extinction, large risks to global and regional food security", and an inability to work outside — or even live — in some areas of the world. Our world will become unrecognizable as ocean dead zones, floods, and extreme weather fuel social and economic disruption.
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