At BNP Paribas, procurement is guided by three key principles:
- Fairness and transparency in selecting our suppliers
- Cost-quality-risk: seeking out the best ratio
- Innovative solutions: a constant ambition
BNP Paribas Procurement Expenses Nomenclature(Opens in a new tab)(Opens in a new tab)(Opens in a new tab)(Opens in a new tab)
Sustainable Sourcing Charter
We pay special attention to suppliers’ social and environmental responsibility policies when reviewing their offers.To find out more, consult the Sustainable Sourcing Charter(Opens in a new tab)(Opens in a new tab)(Opens in a new tab)(Opens in a new tab)
We ensure that our consultations are open to companies that conduct initiatives for disabled employees.
"We are committed to obtaining certification for BNP Paribas S.A. in France for a three-year period, in order to demonstrate our commitments and our adherence to the principles enshrined in the charter". Laure Monset, Procurement & Performance Head of Corporate Social Responsibility.
Becoming a supplier
BNP Paribas does not practice open bidding. There are two ways to become a BNP Paribas supplier:
- be added to a preferred supplier list after a call for tenders; or
- be selected for a specific project put out to bid.
Our procedures and tools are designed to ensure traceability of supplier-selection decisions.
The supplier pathway
For any consultation, we pre-qualify your company on the basis of its financial soundness and economic dependence. While these are not decisive factors, they are necessary for developing balanced relationships.
We inform you of the general rules of the consultation before it is launched through the signing of a preliminary agreement.
We seek out suppliers that are financially solid and that offer competitive solutions likely to contribute to the BNP Paribas group’s ambitions in terms of quality, innovation, and sustainable development.
Once our contractual relationship begins, we constantly promote a balanced relationship and mutual exchange of expertise. If necessary, we join with you in laying out shared progress plans.
To improve processing of your invoices, we provide you with a guide for mainland France, specifying the formats and content to adhere to.
As a supplier or partner of the BNP Paribas Group,
we may collect and process some of your personal data. A dedicated notice has been drafted by BNP Paribas to provide you with clear and detailed information on how we process your personal data, the reasons why we use them, how long we keep them, what your rights are and how you can exercise them.
Being a Procurement Buyer at BNP Paribas means working together with suppliers while complying with five requirements, of which all our employees are aware:
- complying with the laws, regulations and professional standards applicable to entities;
- protecting the Group’s reputation;
- exercising fairness in choosing suppliers;
- maintaining confidentiality in exchanges of information; and
- remaining independent from suppliers and managing conflicts of interest.
"BNP Paribas regards financial fairness as a key component of its relationship with suppliers. The Group has drawn up and adopted a series of measures designed to maintain its supplier relationships and to support the ecosystem in which it participates. As well as adapting services in concertation with suppliers, the Group takes a proactive approach to identifying potential difficulties that vulnerable suppliers might be facing. Our ambition is to extend electronic invoicing to all suppliers in order to optimise the process and to accelerate invoice approval and payment, regardless of their amount and maturity date".
Sustainable Procurement and Supplier Relations Charter
We are signatories of the Sustainable Procurement and Supplier Relations Charter, overseen by the Business Mediation Department of the French Ministry of the Economy and Finances.
We have appointed an independent procurement ombudsman within the BNP Paribas Group:
9-11, rue Marivaux 75002 Paris, France