This year BNP Paribas continues to promote Responsible Innovation through its Innovation Awards, a competition that is open to all employees. These Awards, created in 2007, are a tool that supports Innovation Management.
For the 2012 Awards, specific criteria were introduced to highlight the greater importance the Group attaches to Corporate Social Responsibility in its Awards selection process. The importance of innovations that address the issues of fighting against climate change or propose solutions for improving the social impact of BNP Paribas' banking products and services were given particular consideration during the assessment and selection process.
The 2012 edition of the Awards met all expectations with business and responsibility occupying an important place in the entries.
With 620 entries, 119 projects selected and 17 countries represented, the 2012 Awards reflect the success of this major annual competition and the support of all employees.
In total, 19 innovation awards will be presented by the end of December 2012 in 8 countries.
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About BNP Paribas
BNP Paribas (www.bnpparibas.com) has a presence in 80 countries with nearly 200,000 employees, including more than 150,000 in Europe. It ranks highly in its three core activities: Retail Banking, Investment Solutions and Corporate & Investment Banking. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail banking model across Mediterranean basin countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Investment Banking and Investment Solutions activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas and solid and fast-growing businesses in Asia.