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2012 Registration document and annual financial report - BNP Paribas

2012 Registration document and annual financial report - BNP Paribas

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7ARESPONSIBLE BANK: INFORMATION ON <strong>BNP</strong> PARIBAS’ ECONOMIC,SOCIAL, CIVIC AND ENVIRONMENTAL RESPONSIBILITYSocial responsibility: pursuing a committed <strong>and</strong> fair human resources policyFour management principles are used to strengthen cohesion <strong>and</strong> thesense of belonging among staff. They do this by clarifying managementpractices within the Group, which has undergone major changes inthe last few years, due to external growth, internationalisation of itsworkforce <strong>and</strong> the impact of the <strong>financial</strong> <strong>and</strong> economic crisis.Client Focus – To inspire our people to focus in an innovative wayon the cli ent first, as the interest of the client is always at thecentre of our action.Risk-Aware Entrepreneurship – To undertake initiatives fordevelopment <strong>and</strong> efficiency while being accountable, actingin an interdependent <strong>and</strong> cooperative way with the otherentities to serve the global interest of the Group <strong>and</strong> its clients,being continuously vigilant of the risks related to our area ofresponsibility, <strong>and</strong> to empower our people to do the same.People Care – To care for our people, by showing them respect,promot ing equal opportunities, acknowledging performance <strong>and</strong>developing their talents <strong>and</strong> skills.Lead by Example – To set an example through our own behaviour<strong>and</strong> ethics by respecting the regulations <strong>and</strong> the compliance rules,<strong>and</strong> behaving in a socially responsible way; applying ourselvesthese management principles, as we expect our teams to do so.LISTENING TO EMPLOYEES THROUGH THEGLOBAL PEOPLE SURVEY: 84% OF STAFFPROUD TO BELONG TO THE GROUPThis <strong>annual</strong> survey attracted a record rate of 71% participants out ofthe 173,835 employees surveyed (+7 points) with 68 questions asked in21 languages across 69 countries. The results showed that the proportionof staff who are proud to belong to the Group remains unchanged at84%, despite the crisis. Employee confidence in the Group’s managementrose by 2 points to 72%, <strong>and</strong> 64% believe that management decisions areconsistent with <strong>BNP</strong> <strong>Paribas</strong>’ values (+2 points).The survey also showed a significant improvement in employees’perception of local management, with 66% saying that local managementprovides regular feedback (+3 points), 77% that it helps to resolve staffproblems (+1 point) <strong>and</strong> 70% that it sets a good example (+2 points). Theoverall score for the Group’s management principles rose by 2 pointsto 69%. Two open questions – “What would you mainly change in yourcompany <strong>and</strong> how?” <strong>and</strong> “What do you like most about your company?”– generated 95,000 comments, showing a high level of staff engagementin this exercise.RECRUITMENT AND TRAINING7With 18,737 staff recruited, including more than1,900 in France, the commitment to hiring morethan 15,000 new staff in <strong>2012</strong> was comfortably met.WORKFORCE EVOLUTIONAt end-<strong>2012</strong>, the workforce managed by the Group totalled 188,551FTE (full-time equivalent - <strong>financial</strong> headcount of 173,808 FTE (1) ; thiswas lower than the 2011 level (198,423 FTE) as a result of two large➤ BREAKDOWN BY GEOGRAPHIC AREAtransactions, i.e. the transfer of Personal Finance Russia to Sberbank <strong>and</strong>the disposal of Klépierre, which reduced headcount by 4,760. At end-2010,the workforce managed by the Group totalled 196,279 FTE.In <strong>2012</strong>, the Group’s workforce featured 163 nationalities across78 countries, <strong>and</strong> the breakdown by geographic area was relativelystable compared with 2011. The proportion of employees working inthe four domestic markets (France, Belgium, Italy <strong>and</strong> Luxembourg) roseslightly to 53%.1 %Middle EastRest ofthe world2 %South America5 %Africa7 %Asia-Oceania31 %France8 %North America24 %Europe(excluding domestic markets)(1) FTE staff weighted according to the employer’s consolidation method.10 %Belgium10 %Italy2 %Luxembourg4 domesticmarkets390<strong>2012</strong> <strong>Registration</strong> <strong>document</strong> <strong>and</strong> <strong>annual</strong> <strong>financial</strong> <strong>report</strong> - <strong>BNP</strong> PARIBAS

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