As BNP Paribas falls under the scope of the Modern Slavery Act 2015 of the United Kingdom and Modern Slavery Act 2018 (Cth) of Australia which requires the publication of an Annual Modern Slavery Statement, the Group has put in place strong processes to identify human trafficking and modern slavery risks early and efficiently.

The Group as a whole is also subject to the French law on the Duty of Vigilance...

[The Group's ESG Framework includes] sectoral policies, specific credit policies, questionnaires related to the French law on the duty of vigilance... This ESG risk management system makes it possible to identify, assess and monitor the ESG performance and risks of corporate customers by sector with a common approach within the Group for a given customer segment. Note that Construction and Tourism, including Hospitality are among the sectors prioritized within this new framework with dedicated questionnaires tailored to the specific risks of these sectors...

The Group’s risk-assessment process is complemented by the ad hoc monitoring and regular discussions with our clients on the subject of human rights. Opening and maintaining high-quality dialogue between the Group and the entities it finances or in which it invests is key to effective monitoring and can be an important driver towards positive change.