2018 Registration document and annual fi nancial report - BNP PARIBAS 573
7 A COMMITTED BANK: INFORMATION CONCERNING THE ECONOMIC, SOCIAL,
CIVIC AND ENVIRONMENTAL RESPONSIBILITY OF BNP PARIBAS
7
Report by one of the Statutory Auditors, appointed as an independent third party, on the consolidated non-fi nancial information statement included in the group management report
Nature and scope of our work
The work described below was performed in accordance with the provisions of articles A.225-1 et seq. of the French Commercial Code determining the conditions in which the independent third party performs its engagement and with the professional standards applicable in France to such engagements, as well as with ISAE 3000 Assurance engagements other than audits or reviews of historical fi nancial information.
Our procedures allowed us to assess the consistency of the Statement with regulatory provisions and the fairness of the Information:
■ we obtained an understanding of all the consolidated entities activities, the description of the human resources and environmental risks associated with their activities, and the impact of those risks on compliance with human rights and anti-corruption and tax evasion legislation, as well as the resulting policies and their outcomes;
■ we assessed the appropriateness of the Guidelines with respect to their relevance, completeness, reliability, objectivity and understandability, with due consideration of industry best practices, where appropriate;
■ we verifi ed that the Statement includes each category of human resources and environmental information set out in article L.225 102 1 III, as well as information regarding compliance with human rights and anti corruption and tax evasion legislation;
■ we verifi ed that the Statement includes an explanation for the absence of the information required under article L.225-102-1 III, 2;
■ we verifi ed that the Statement presents the business model and the principal risks associated with all the consolidated entities activities, including where relevant and proportionate, the risks associated with their business relationships and products or services, as well as their policies, measures and the outcomes thereof, including key performance indicators;
■ we verifi ed, where relevant with respect to the principal risks or the policies presented, that the Statement provides the information required under article R. 225-105 II;
■ we assessed the process used to identify and confi rm the principal risks;
■ we asked what internal control and risk management procedures the entity has put in place;
■ we assessed the consistency of the outcomes and the key performance indicators used with respect to the principal risks and the policies presented;
■ we verified that the Statement includes a clear and reasoned explanation for the absence of policies concerning one or more of the risks;
■ we verifi ed that the Statement covers the scope of consolidation, i.e., all the companies included in the scope of consolidation in accordance with article L.233-16, within the limitations set out in the Statement;
■ we assessed the data collection process implemented by the entity to ensure the completeness and fairness of the Information ;
■ for the key performance indicators and other quantitative results that we considered to be the most important (see the list provided in the appendix), we implemented:
■ analytical procedures to verify the proper consolidation of the data collected and the consistency of any changes in those data,
■ tests of details, using sampling techniques, in order to verify the proper application of the defi nitions and procedures and reconcile the data with the supporting documents. This work was carried out on a selection of contributing entities, i.e., BNP Paribas SA (France), including the DRSE entities, Group HR, IMEX and ITP, UkrSibBank (Ukraine), BNL, Findomestic, Arval Italy (Italy), BNP Paribas CIB, BP2S and Personal Investors Deutschland (Germany), and covers between 29% and 100% of the consolidated data relating to the key performance indicators and outcomes selected for these tests;
■ we referred to documentary sources and conducted interviews to corroborate the qualitative information (measures and outcomes) that we considered to be the most important (see the list provided in the appendix);
■ we assessed the overall consistency of the Statement based on our knowledge of all the consolidated entities.
We believe that the work carried out, based on our professional judgement, is suffi cient to provide a basis for our limited assurance conclusion; a higher level of assurance would have required us to carry out more extensive procedures.
Means and resources
Our work was carried out by a team of seven people between October 2018 and March 2019 and took a total of eight weeks.
We were assisted in our work by our specialists in sustainable development and corporate social responsibility. We conducted some ten interviews with the people responsible for preparing the Statement, representing the Corporate Social Responsibility (CSR) Department and the Human Resources Department.
Conclusion
Based on our work, nothing has come to our attention that causes us to believe that the non-fi nancial information statement is not in accordance with the applicable regulatory provisions and that the Information, taken as a whole, is not presented fairly and in accordance with the Guidelines.
Neuilly-sur-Seine, 5 March 2019
One of the Statutory Auditors
PricewaterhouseCoopers Audit
Patrice Morot
Partner
Sylvain Lambert
Partner in charge of the Sustainable Development Department
