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2007 REGISTRATION DOCUMENT

2007 REGISTRATION DOCUMENT

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7 NRESOCIAL AND ENVIRONMENTAL INFORMATIONA ppendices – Social chapter< Contents >NRE social indicators – Year ended 31 December <strong>2007</strong> Scope for <strong>2007</strong>28. Steps taken by the Bank to ensure that subsidiaries comply with ILO standardsCSR clauses were included in the standard supplier contracts for all purchasing categories concerned. The purchasingfunction performs, gathers and audits all the major outsourcing agreements entered into locally by Group entitiesworldwide. Based on the 2006-07 audit, recommendations were made to the entities on necessary updates. Whereclauses relating to corporate responsibility were missing or inaccurate, the entity could be requested to renegotiatethe contract.In addition to management controls required by the Group’s internal control system, internal audit and inspection teams arealso responsible for ensuring compliance with HR directives.An ethics alert mechanism enables all employees to report any non-compliance risks they may come up against.29. Steps taken by foreign subsidiaries to address the impact of their business on regional developmentand the local communityAll Group subsidiaries belong to a business line and are required to contribute to fulfi lling its strategy, implementing itspolicies and exercising its social responsibility.The levels of remuneration which BNP Paribas provides to its employees, particularly in emerging countries, and benefi tssuch as health insurance and death/disability coverage, help raise the standard of living in the employees’ families andcommunities.The Group makes only limited use of expatriate staff, giving local staff the opportunity to take up managerial functions andother positions of responsibility.GroupGroup1234567891011258<strong>2007</strong> Registration document - BNP PARIBAS

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