“The new headquarters of BNP Paribas Cardif is emblematic of our vitality and a powerful symbol of our ambitions: figure among the top 10 insurance companies in Europe and be the global benchmark in insurance partnerships,” said Eric Lombard, Chairman and Chief Executive Officer of BNP Paribas Cardif, speaking at the inauguration of the new BNP Paribas headquarters building. The inaugural ceremony on April 6, 2011 was attended by Baudouin Prot, Director and Chief Executive Officer of BNP Paribas, Patrick Jarry, Mayor of Nanterre, and Philippe Zivkovic, Chairman of the Board of Management of BNP Paribas Real Estate.

The new building illustrates the new dimension of BNP Paribas Cardif, which recorded more than 25 billion euros in gross written premiums in 2010. BNP Paribas Cardif now counts over 8,500 employees and enjoys strong positions in Europe, Asia and Latin America. It has seen its workforce grow 38 percent in France in the past five years. The life and property and casualty insurance unit of BNP Paribas has confirmed its status as a top-tier international enterprise.

The new site has been built to High Environmental Quality (HQE) standards and features connectivity, collaborative workspaces and excellent environmental quality. Beginning in May, the 64,000 square meters of offices and facilities will welcome nearly 3,300 people.

With its new headquarters in Nanterre, BNP Paribas Cardif becomes the third-largest employer in the city, which borders the western edge of Paris. The building is the culmination of four years of preparations and collaboration with BNP Paribas Real Estate, providing an optimum working environment for all BNP Paribas Cardif staff.

Located at the Nanterre port between the A86 highway and the Seine river, the BNP Paribas Cardif headquarters building has been developed in conformity to High Environmental Quality (HQE) standards. The project was led by the Property Development team of BNP Paribas Real Estate, in liaison with the BNP Paribas IMEX unit, which manages the Group's operating real estate. The five-story complex includes three buildings linked by enclosed passageways.

The buildings and interior architecture were designed respectively by architects Jean Mas & François Roux (Ateliers 234) and Didier Gomez (DGID). Facilities include a 299-seat auditorium, 230 plus meeting rooms of all sizes and a 1,350-seat company restaurant. Services reserved to employees will also be available in the building, including a fitness room, a conciergerie, a traditional brasserie and private reception rooms.

Created by landscapers Christine and Michel Péna (Péna & Péna), the landscaping features pools,water gardens and a “green theatre” spanning nearly two and a half acres (1 hectare, or 10,000 sq. meters).

The offices place priority on comfort, lighting, contact and collaborative working, including ergonomic workstations, latest-generation equipment, an innovative internal communications system to facilitate information exchange, interactive terminals to locate offices and more. All desktop assets are brand new and integrate state-of-the-art systems to optimize operational responsiveness.

High Environmental Quality, respect for the environment to benefit staff

The new building implements demanding environmental and sustainable development standards, reflecting the proactive Corporate Social Responsibility policies of both BNP Paribas Cardif and BNP Paribas Real Estate. The building conforms to the HQE High Environmental Quality standard, covering all environmental dimensions. It is also designed to deliver ambitious energy efficiency performance, making it eligible for France's THPE Very High Performance Energy label. The new building will consume up to 30 percent less energy than the former headquarters in Rueil-Malmaison.

The façades are designed to maximize natural daylight in all work areas, optimize thermal comfort, reduce energy consumption and guarantee a comfortable acoustic environment for staff. Some 4,400 square meters of rooftop vegetation helps cool the slabs and reduces the need for air-conditioning.

There is also a focus on efficient water management (water-saving faucets, rainwater recovery to irrigate the park, solar panels to generate hot water, etc.). Exterior lighting is partially autonomous thanks to the use of photovoltaic cells. This commitment to the highest standards of environmental responsibility includes minimizing document consumption and archiving, targeting a transition to “all-electronic” information and zero paper.

Active engagement with the local community and the local economy BNP Paribas Cardif has signed an agreement, “Charte d'engagement territorial”, with the city of Nanterre covering formal commitments in five areas:
- Develop employment, inclusion and training, in conjunction with Nanterre local employment authorities through “la Convention d'Objectifs de la Maison de l'emploi et de la formation de Nanterre”,
- Develop business relations with local entrepreneurs and small businesses,
- Facilitate access to housing for employees through the “1 percent employer contribution” mechanism,
- Develop support for children and infants,
- Promote environmental responsibility and contribute to the fight against climate change.

BNP Paribas Cardif is now the third-largest employer in Nanterre, with a staff of 3,300 onsite, behind Axa and Société Générale, which count 4,200 and 4,000 people in their Nanterre offices, respectively. The insurance company also plans to recruit nearly 400 people in 2011. This employment forecast reflects the weight and important role played by BNP Paribas Cardif in the development of the economic fabric of the Hauts-de-Seine region, which borders the west of Paris.

Eric Lombard, Chairman and Chief Executive Officer of BNP Paribas Cardif, said: “This move reflects the new dimension of BNP Paribas Cardif. It provides a very pleasant workplace and living environment propitious to the operational efficiency of our people, helping us better serve our clients. Everything has been designed to enable us to live and work differently thanks to greater connectivity, a more collaborative approach and closer contacts among teams. We are extremely proud of our new headquarters, which resonates completely with our commitments and our ambitions.”

Philippe Zivkovic, Chairman of the Board of Management of BNP Paribas Real Estate said: “We are delighted to have transformed this former industrial site into an elegant office complex aligned with the stature and ambitions of BNP Paribas Cardif. This project also reflects our demanding standards of excellence. The new headquarters building conforms to high environmental quality norms and is emblematic of our commitment to addressing the imperatives of sustainable development within the scope of our strong Corporate Social Responsibility policy.”

Watch a video tour of the new BNP Paribas Cardif headquarters.

About BNP Paribas Cardif

BNP Paribas Cardif is the Life and Property & Casualty insurance unit of BNP
Paribas. It develops products, marketed under two brands. Products distributed through the BNP Paribas retail branch network in France are branded BNP Paribas. Those distributed by other channels in France and in international markets are branded Cardif.

BNP Paribas Cardif is one of the world leaders in creditor insurance and its life and non-life insurance units have received an AA rating from Standard & Poor's. It had gross written premiums of 25.3 billion euros in 2010. With a diversified geographic footprint, BNP Paribas Cardif has strong positions in Europe, Latin America and Asia. In 2010, BNP Paribas Cardif generated 48% of its gross written premiums outside France.
It counts over 8,500 employees, 73% of them outside France.

BNP Paribas Cardif is actively committed to exemplary Corporate Social Responsibility. It has adopted a Socially Responsible Investment program, encourages diversity throughout the enterprise (earning the "Gender Equality at Work" label in France) and supports local economic development in the markets where it operates.

About BNP Paribas Real Estate

BNP Paribas Real Estate is a leading international real estate provider, and the 2nd player in Europe, in terms of results (Property Week annual ranking 2010). It offers to its clients a comprehensive range of services that span the entire real estate lifecycle: property development, transaction, consulting, valuation, property management and investment management.

BNP Paribas Real Estate has local expertise on a global scale through its presence in 30 countries (15 wholly owned subsidiaries) across Europe, India and Middle East with 3,300 employees in about 150 offices.

BNP Paribas Real Estate is a subsidiary of BNP Paribas, one of the world's six strongest banks in the world according to Standard & Poor's (rated AA by Standard & Poor's i.e. 3rd rating level on a scale of 22).
Press contact(s)
Press contacts
Adeline Jacques – Tel: +33(0)1 41 42 65 61 – Mobile: +33(0)6 62 63 73 87 - adeline.jacques [at] bnpparibas (dot) com
Adélaïde Azaïs de Vergeron – Tel: +33(0)1 41 42 89 31 – Mobile: +33(0)7 60 13 49 12 – adelaide.azaisdevergeron
Sophie Le Blévec - Tel: +33 (0)1 41 42 69 56 - Mobile: +33(0)6 65 88 38 39 - sophie.s.leblevec [at] bnpparibas (dot) com

Real Estate for a changing world: Media contacts
Amira Tahirovic-Halilovic - Tel: +33 (0)1 55 65 22 08 - Mobile : +33 (0)6 37 78 12 17 - amira.tahirovic-halilovic [at] bnpparibas (dot) com
Servane Costrel - Tel: +33 (0)1 55 65 21 15 - servane.costreldecorainville [at] bnpparibas (dot) com

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