New CSR emphasis boosts our support for energy transition

Jenny Flores
Posted by Jenny Flores
Corporate Social Responsibility

I love that our bank is called the “bank for a changing world,” and it’s a privilege for me to help shape some ways our bank is influencing change through corporate social responsibility (CSR).

Row of wind turbines atop a mountain ridge with sunrise on the left peeking through clouds on the horizon.Together with our parent company, BNP Paribas, Bank of the West has recently made changes in key sectors for CSR to help accelerate the energy transition for the benefit of our world and future generations.

The shift aligns with our commitment to be a purpose-driven bank. I firmly believe that increasing the company’s commitment to advancing environmental responsibility may yield long-term gains that benefit us all.
Here are just a few examples of steps we’ve taken as part of this commitment:

For an overview of all BNP Paribas’ commitments on accelerating energy transition, see this briefing.

Renewable energy is not just good for the longevity of the planet; growth prospects for the sector look pretty good, too, according to this report from Energy Manager Today.

Accelerating the energy transition is a key part of our corporate social responsibility efforts, which also include advancing women’s entrepreneurship and ceasing the funding of tobacco, which I discussed in a recent blog post.

As a global company, we are transforming to meet the changing needs of the world we live in. I expect to share more news in the coming months about our support for energy transition. Stay tuned!

Learn more about our corporate social responsibility commitments.

Reminder: All comments are moderated prior to publication and must follow our Community Guidelines.

  • Anonymous says:

    So people like me, who put a roof over my childrens head by working in the oilfield will be shunned by this bank? And a lot of the people in Wyoming who fund this bank through coal and the oilfield wilk be shunned??

    Reply | 4 months ago
  • Anonymous says:

    Amazing how they will take my 401k rollover money from a coal mine, and loan my family money based on our coal mine income but they won’t support coal, oil or the industries that have made them who they are. Not my bank anymore. I will be moving my accounts and my 401k rollover to a bank that supports energy.

    Reply | 4 months ago
    • Editor says:

      We are sorry to hear about this and would be happy to talk with you further about your account situation. If you are interested, please email social@bankofthewest.com with your name and contact information. Thanks!

      Reply | 4 months ago
  • Anonymous says:

    I switched to Bank of the West when this announcement came. It is important to make hard decisions to ensure the future is a pleasant one for our kids.

    Reply | 4 months ago
    • Anonymous says:

      Yes! I agree!

      Reply | 4 months ago
  • Anonymous says:

    I support this move!!!! I know you are taking a lot of heat for it, so I wanted to let you know that you have made me a MORE loyal customer! Thank you for your social and environmental responsibility!

    Reply | 4 months ago

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