RepoRt on - BNP Paribas
RepoRt on - BNP Paribas
RepoRt on - BNP Paribas
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nP <strong>Paribas</strong>/bahraïn<br />
in france, the percentage of women<br />
promoted into management positi<strong>on</strong>s<br />
(as defined in the banking industry collective<br />
agreement) or executive management<br />
positi<strong>on</strong>s (for subsidiaries not<br />
governed by that agreement) stood<br />
at 38% in 2009, versus 32% a year earlier,<br />
and 28.5% in 2007. at bnP <strong>Paribas</strong><br />
sa, the proporti<strong>on</strong> of women executives<br />
has been rising steadily in recent<br />
years; it was 38.8% in 2005, 40.3% in 2006,<br />
41.4 % in 20 07, 43.1% in 20 08 and<br />
44% in 2009. see nre appendix – social<br />
chapter for more informati<strong>on</strong>. by 2007,<br />
bnP <strong>Paribas</strong> had already exceeded the<br />
2010 target set within the banking industry<br />
for the feminisati<strong>on</strong> of managerial<br />
employment. as of end-2009, bnP <strong>Paribas</strong><br />
had achieved its 44% goal, <strong>on</strong>e year<br />
ahead of schedule.<br />
the group’s operati<strong>on</strong>s in italy have also<br />
taken steps in this area. thus, women<br />
accounted for 37.9% of the workforce in<br />
2009, versus 31.3% a year earlier. women<br />
accounted for 26.6% of managerial positi<strong>on</strong>s<br />
and 10.7% of executive management<br />
teams.<br />
gender equality networks<br />
in france, the mixcity network was formally<br />
incorporated as a n<strong>on</strong>-profit associati<strong>on</strong><br />
— bnP <strong>Paribas</strong> mixcity. the objective<br />
is to create an active, value-added<br />
social network within the company and<br />
to serve as an advocate for diversity both<br />
within the organisati<strong>on</strong> and within society.<br />
membership is open to all female executives<br />
with an employment status equivalent<br />
to that of the french “cadre”. the associati<strong>on</strong>’s<br />
purpose is to provide a forum<br />
for exchange between members and the<br />
group’s executive management bodies<br />
as well as with other women’s groups in<br />
france and internati<strong>on</strong>ally. its objective<br />
is to propose new “rules of the game”<br />
and to develop new possibilities for the<br />
advancement of women and to assist<br />
women in their day-to-day management<br />
roles by promoting measures which facilitate<br />
work-life balance. a wide range of<br />
activities are proposed: breakfast and<br />
lunch meetings, awareness-raising workshops,<br />
training sessi<strong>on</strong>s and meetings with<br />
motivati<strong>on</strong>al speakers who have specific<br />
experience to share (www.associati<strong>on</strong>bnpparibas-mixcity.com).<br />
as from 2008, the mixcity initiative was<br />
spread to other countries, starting in<br />
luxembourg. in 2009, in the united<br />
Kingdom, a women’s internal network<br />
was established in l<strong>on</strong>d<strong>on</strong> while in the<br />
gulf regi<strong>on</strong>, a similar initiative was organised<br />
in bahrain. other networks are in the<br />
process of being formed, for instance a<br />
project is underway in belgium.<br />
in l<strong>on</strong>d<strong>on</strong>, the women’s networking group<br />
is coordinated by a steering committee<br />
of 25 women executives. the group has<br />
initially c<strong>on</strong>centrated <strong>on</strong> mentoring efforts<br />
and <strong>on</strong> acti<strong>on</strong>s to increase the number<br />
of women applying for positi<strong>on</strong>s in investment<br />
banking.<br />
47 <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 />
bnp paribas,<br />
the leading<br />
cAc 40 listed<br />
company for its level<br />
of representati<strong>on</strong><br />
of women <strong>on</strong> its<br />
board of directors<br />
a survey c<strong>on</strong>ducted by orse,<br />
the french observatory <strong>on</strong> corporate<br />
social resp<strong>on</strong>sibility, the French<br />
institute of Company directors,<br />
and the european professi<strong>on</strong>al<br />
Women’s network – paris, found<br />
that women accounted for 28.5%<br />
of the members of the board of<br />
directors of bnp paribas, making<br />
it a leader am<strong>on</strong>g its peers.<br />
<strong>on</strong>ly four cAc 40 companies had<br />
boards with more than 20% women<br />
directors.