In the name of diversity **

Recognising and promoting diversity is a cornerstone of Societe Generale’s Human Resources policy.

This diversity is first and foremost demonstrated by our 155,617 employees who represent 120 nationalities in 85 countries and 59.97% of whom are women. Beyond these figures, Societe Generale Group places great value on preserving and developing the different skills, viewpoints and cultures of its teams, and on enabling each person to fulfil their potential. 2010 saw the Group further reinforce its lasting commitment to diversity in all its forms, from the professional integration of young people or disabled employees, equality in the workplace through to the diversification of its new hires. In France, this commitment led to the signing of a Framework Agreement with the Secretary of State for Employment in April 2010 on the development of diversity within the Societe Generale Group.*

Objectives

  • Ensure equal recognition and opportunities for all employees, whatever their country of origin, gender, age, culture or profile,
  • Drive and coordinate diversity policies that are adapted to particular contexts, and implement tools to monitor and report on diversity that are also adapted to local priorities and resources,
  • Develop diversity in management, notably by increasing the number of foreign and female executive staff,
  • Inform and train managers and employees on the importance of diversity,
  • Pursue the active recruitment and long-term employment of disabled employees.

Highlights in 2010

  • 42.3% of managers in France are women,
  • 1,931 disabled employees which represents 1.24% of all Group employees,
  • Nomination of Societe Generale amongst the Top 3 CAC40 groups in recognition of the quality of its practices in terms of diversity (Capitalcom 2010 annual survey on gender parity), with the Group being the only company to present a parity rate of over 20% at every level of the bank (employees, management, Executive Committee and Board of Directors),
  • Share of women in executive management (executive and management committees): 19.1%,
  • Renewal of the agreement governing disabled employees for 2011-2013 to enable Mission Handicap to continue fulfilling its vital role. In France, Societe Generale employs 1000 persons and has recruited 166 more since 2007 and aims to reach 160 over 2007-2010.*
An equal level of commitment in France and abroad includes promoting diversity in its recruitment policies, its company collective agreements and the professional integration of disabled workers.There in total, more than 300 initiatives were carried out across France, aimed at retaining disabled employees.*
* verified by Ernst & Young