Energy transition: personalised support

Make the environment central to your CSR commitment

For an SME, launching an energy transition plan also means taking a first step towards developing a CSR (corporate social responsibility) policy. By addressing sustainable development issues, the company sends a strong message to all of its stakeholders including clients, staff and suppliers. This is true now more than ever: a business must consider its social responsibility in order to survive. CSR has proven to be a real source of growth, often increasing financial performance. While most directors are aware of these issues, they may not know how to structure the implementation of this transition. We’re here to help you do this.

Ambitious climate goals for Luxembourg

Businesses move at their own pace in the energy transition. Whereas large corporations have internal resources to work on environmental issues, SMEs are often less equipped for the challenges that lie ahead. And there are many.

In its climate act of December 2020, the government set clear goals for reducing greenhouse gas emissions nationally.

Every one of the country’s businesses has been asked to work towards a more environmentally friendly low carbon economy. More specifically, six industries will be asked to contribute towards a 55% reduction in emissions by 2030 compared with 2005:

energy & manufacturing;
construction;
transport;
residential and commercial buildings;
agriculture and forestry;
waste and wastewater management.

Getting started in the ecological transition

Looking beyond any legal obligations, Luxembourg companies are increasingly focusing their strategies on the environmental and social impact. This is why your BGL BNP Paribas adviser offers personalised support to help you on the path to a successful energy transition. Before taking concrete measures, it is essential that you assess your company’s progress with sustainable development matters. Based on this knowledge, we will then be able to suggest areas for improvement in line with your needs, and in different fields such as green mobility, renewable energy, the use of more environmentally friendly resources, the purchase of more energy-efficient equipment, the renovation of your buildings, etc.

Choose responsible finance

Once the areas for improvement have been established, your adviser will work with you to identify sustainable finance possibilities within your reach. For several years, BGL BNP Paribas has been helping its professional clients identify and finance environmentally friendly projects to increase their energy efficient.

Find out about our Impact Financing offer