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

chairman’s and chief executive

officer’s statement

As the bank for a changing world, BNP Paribas

participates to the full extent of its capabilities

in the development of exchanges of goods and

services. It is a committed player in this process

and one that aims to act responsibly, in line with

its principles and its values.

In 2006 our Group experienced unprecedented

growth. Excellent results were achieved across

all our business segments. Our satisfaction and

pride come from creating value, wealth and sustainable,

skilled employment opportunities. Today

the Group employs 140,000 people around the

world, including more than 30,000 staff who

joined the Group in the course of the year. This

vigorous growth contributes to the renewal of the

Group’s capabilities and expertise and bolsters

its long-term viability.

The recent conclusions reported by the

Intergovernmental Group of Experts on Climate

Change (IGECC) in Paris reinforce BNP Paribas

commitment to combating climate change.

Having been active for many years in projects

to finance renewable energies, BNP Paribas was

chosen Best project finance arranger and Most

aggressive project finance lender in the renewable

energies sector by Project Finance magazine.

We have created a Carbon Team to provide trad-

ing and financing products to enable our clients

to seize the opportunities related to CO 2 emission

quota mechanisms.

The awarding of the 2006 Nobel Peace Prize

to Mohammed Yunas for his actions in favour

of micro-lending underlines the importance of

access to banking services in effectively fighting

poverty. Building on its earlier actions in this field,

particularly in France through ADIE, in 2006 the

BNP Paribas Group began to develop a worldwide

micro-lending activity with the ambitious objective

of creating more than 30 partnerships with microlending

institutions in 15 countries by 2010.

Our Group has strengthened its commitment

as a socially responsible enterprise and community

outreach player, with the Projet Banlieues

initiative in France to help disadvantaged neighbourhoods

and programmes to combat social

exclusion through education and knowledge

transfer in several other countries. These actions

will be continued and intensified in 2007.

This report is specifically dedicated to

BNP Paribas’ social and environmental responsibility.

It presents our approach and the actions

we carried out in 2006.

Michel Pébereau

Chairman

Baudouin Prot

Chief Executive Officer

05

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