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

media.cms.bnpparibas.com

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

• human resources development / human resources policy framework

Delegations

Given the diversity of businesses and corporate

cultures at play when BNP Paribas was created,

a key factor in the success of the merger

was the establishment of an integrated human

resources organisation, which was gradually

able to harmonize career management and

compensation policies throughout the Group.

Subsequently, the Group Human Resources

function was able to simplify decision-making

processes and empower local management by

broadening the responsibilities of the various

core businesses, subsidiaries and countries, as

well as expanding the role and latitude of Grouplevel

operational leadership in the management

of their teams.

Senior managers, managers in key positions,

line managers and their successors, as well as

high-potential young managers continue to be

managed directly by Group Human Resources.

Compliance with the principles

of the United Nations Global Compact

With a presence in 88 countries, BNP Paribas

operates in a variety of political and regulatory

environments. This means that the Group must

take particular care to ensure compliance with

the principles of the Global Compact, of which

BNP Paribas is a member.

Despite its rapid external growth in emerging

countries, BNP Paribas has minimal exposure to

the 25 countries deemed as high-risk in recent

publications compiled by the relevant authorities:

the Group is present in only nine of these

countries and staff there represent less than

4.3% of total global headcount. In the most riskexposed

countries, where regulations are often

very lax, local human resources departments

apply Group rules to all employee management

procedures.

In 2006, BNP Paribas, with several other major

French groups at the forefront of corporate

social responsibility, helped found a grouping

known as EDH (Entreprises pour les Droits

de l’Homme), an initiative of French-speaking

companies inspired by the example of the

Business Leaders Initiative on Human Rights

(BLIHR). It seeks to identify effective ways and

means of implementing at an operational level

within companies the principles of respect for

fundamental human rights. Additionally, it plans

to promote its approach in the direction of other

companies.

63 BNP PARIBAS AND ITS STAKEHOLDERS

More magazines by this user
Similar magazines