RepoRt on - BNP Paribas
RepoRt on - BNP Paribas
RepoRt on - BNP Paribas
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meSSage fRom<br />
the ChaiRman<br />
and the Chief<br />
exeCutive offiCeR<br />
<strong>BNP</strong> <strong>Paribas</strong>’ social and envir<strong>on</strong>mental<br />
resp<strong>on</strong>sibility has always been<br />
based <strong>on</strong> our ec<strong>on</strong>omic resp<strong>on</strong>sibility.<br />
The importance of this c<strong>on</strong>necti<strong>on</strong><br />
was dem<strong>on</strong>strated more clearly than<br />
ever during the recent crisis, which has<br />
given rise to a str<strong>on</strong>g expectati<strong>on</strong> that<br />
banks should act in a socially useful,<br />
compliant and ethical manner.<br />
In these demanding circumstances,<br />
<strong>BNP</strong> <strong>Paribas</strong> was able to maintain its<br />
socially and envir<strong>on</strong>mentally resp<strong>on</strong>sible<br />
approach, which is <strong>on</strong>e of the<br />
key factors behind our employees’<br />
commitment to the group, as the latest<br />
survey in 2009 c<strong>on</strong>firmed. Several of<br />
our initiatives have been certified by<br />
independent organisati<strong>on</strong>s. On social<br />
issues, we have obtained the French<br />
diversity label, and <strong>on</strong> our envir<strong>on</strong>mental<br />
commitments our “Accueil &<br />
Services” branch programme has received<br />
ISO 14001 certificati<strong>on</strong>.<br />
Despite serious pressure <strong>on</strong> the banking<br />
sector as a whole, <strong>BNP</strong> <strong>Paribas</strong>’ robust<br />
model and values have resulted<br />
in positive ratings from the main CSR<br />
agencies, as well as our inclusi<strong>on</strong> in<br />
all leading CSR indexes.<br />
2 <str<strong>on</strong>g>RepoRt</str<strong>on</strong>g> <strong>on</strong> CoRpoRate SoCial and enviR<strong>on</strong>mental ReSp<strong>on</strong>Sibility<br />
During the crisis, <strong>BNP</strong> <strong>Paribas</strong>’ efforts<br />
to c<strong>on</strong>tinue financing the ec<strong>on</strong>omy<br />
were exemplary. We fully complied<br />
with our commitments to the French<br />
government in 2009 and we put our<br />
capital, resources and staff to work in<br />
financing the real ec<strong>on</strong>omy. We also<br />
set an example by complying strictly<br />
with the new recommendati<strong>on</strong>s adopted<br />
by the G20 as regards tax havens<br />
and the remunerati<strong>on</strong> of capital<br />
market operators.<br />
While learning the less<strong>on</strong>s of the crisis,<br />
we maintained our l<strong>on</strong>g-standing<br />
commitment to social and envir<strong>on</strong>mental<br />
resp<strong>on</strong>sibility. More than ever,<br />
we believe that this resp<strong>on</strong>sibility, in<br />
all of its aspects, is crucial in maintaining<br />
our reputati<strong>on</strong>, our attractiveness<br />
and the trust placed in us over<br />
the l<strong>on</strong>g term. We have therefore increased<br />
the resources dedicated to<br />
implementing our policies in this area.<br />
This report sets out our approach to<br />
corporate social resp<strong>on</strong>sibility and<br />
the main initiatives we undertook in<br />
2009 in favour of a more sustainable<br />
development.