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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.

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