Banken for en verden i endring The bank for a ... - BNP Paribas

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Banken for en verden i endring The bank for a ... - BNP Paribas

• relations with clients and suppliers / relations with suppliers

wORLdwIdE OVERSIGhT

Of ThE puRChASING fuNCTION

The Group places considerable importance on

its suppliers’ approach to corporate social and

environmental responsibility. This dimension is

a factor in the choices made by the procurement

function which relies on BNP Paribas

Asset Management’s expertise to assess leading

suppliers.

The global supplier database

(in %)

100

80

60

40

87

43

Since 2002, contracts signed by the GOE

(Group Operating Efficiency) unit systematically

include social and environmental clauses. These

clauses provide for compliance with International

Labour Organisation (ILO) standards or with

local employment law principles in the event that

these are stricter than ILO standards. In 2006, all

Group entities were reminded of their duty to only

use companies that guarantee compliance with

these principles in order to standardise relations

with suppliers with which they do business.

91

2002 2005

58

Input into the global database

Share of contracts using approved suppliers

External growth leads to the constant consolidation

of new entities; nonetheless, the rate of

input into the global database has been maintained

at a high level. The overall percentage of

purchases from approved suppliers, which has

been steadily increasing for several years, does

not adequately reflect the major progress made

in absolute terms in this area, given the considerable

expansion of the scope of consolidation.

102

BNP PARIBAS AND ITS STAKEHOLDERS

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