DIVERSITY AND THE LGB JOURNEY AT SOCIETE GENERALE 5 th  Annual Diversity and Inclusion Seminar   BARCELONA 23 rd  – 24 th ...
CONTENTS <ul><li>THE SOCIETE GENERALE GROUP 3 </li></ul><ul><li>THE SOCIETE GENERALE GROUP IN FIGURES… 4 </li></ul><ul><li...
THE SOCIETE GENERALE GROUP <ul><li>The Societe Generale  Group has 157,000 employees of 120 nationalities, operating in 85...
THE SOCIETE GENERALE GROUP IN FIGURES… <ul><li>At a glance, the Societe Generale Group, this is… </li></ul><ul><ul><ul><li...
WHAT IS DIVERSITY AND INCLUSION AT SOCIETE GENERALE? <ul><li>At Societe Generale,  our people are our strength . </li></ul...
SOCIETE GENERALE APPROACH TO DIVERSITY <ul><ul><li>The Societe Generale Group has chosen to  focus  upon 2 core Diversity ...
APPROACH TO DIVERSITY AT SOCIETE GENERALE IN THE UK (1) <ul><li>At the core of Societe Generale values is our aim to give ...
APPROACH TO DIVERSITY AT SOCIETE GENERALE IN THE UK (2) <ul><li>The UK Diversity Committee aims to  develop a culture of o...
A FEW ACHIEVEMENTS OF THE UK DIVERSITY COMMITTEE SO FAR… <ul><li>June 2011  –   Societe Generale sponsored the Stonewall S...
DIVERSITY AND THE GROUP STRATEGIC PLAN – AMBITION 2015 <ul><li>Leaders at Societe Generale are expected to share the respo...
THE UK EMPLOYEE NETWORKS OVERVIEW <ul><li>There are 4 Networks that fall under the umbrella of the UK Diversity Committee,...
NETWORKS – THE  MULTICULTURAL NETWORK <ul><li>The newly-established Multicultural Network seeks to promote awareness and u...
NETWORKS – THE UK  WOMEN’S NETWORK <ul><li>The UK Women’s Network was established in early 2009 and has had great success ...
NETWORKS -  FAMILY NETWORK <ul><li>Launched in 2010, the Societe Generale Family Network has focused on providing informat...
NETWORKS – THE UK SG  LGB NETWORK <ul><li>The LGB (Lesbian, Gay and Bisexual) network was  launched in October 2010 </li><...
THE UK SG  LGB NETWORK – A JOURNEY… <ul><li>The UK SG LGB Network started as a small team, but with a big voice.  Our prog...
THE UK SG  LGB NETWORK – A JOURNEY… <ul><li>Against a backdrop of what is still considered “Taboo” in French companies, an...
THE UK SG  LGB NETWORK – A JOURNEY… <ul><li>The LGB network is led by a member of the Senior Management team at Societe Ge...
THE UK SG  LGB NETWORK – A JOURNEY… <ul><li>Internal Impact: </li></ul><ul><li>The main impact internally is one of psycho...
THE UK SG  LGB NETWORK – A JOURNEY… <ul><li>Since its inception, the LGB network at Societe Generale has grown significant...
THE UK SG  LGB NETWORK – THE JOURNEY CONTINUES… <ul><li>Now that it is strongly established, the UK SG LGB network is plan...
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Societe Generale presentation 5th annual diversity and inclusion conference - 23-24.02.12

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Vincent Francois presentation at the 5th Annual Global Diversity & Inclusion Seminar in Barcelona.

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Societe Generale presentation 5th annual diversity and inclusion conference - 23-24.02.12

  1. 1. DIVERSITY AND THE LGB JOURNEY AT SOCIETE GENERALE 5 th Annual Diversity and Inclusion Seminar BARCELONA 23 rd – 24 th February 2012
  2. 2. CONTENTS <ul><li>THE SOCIETE GENERALE GROUP 3 </li></ul><ul><li>THE SOCIETE GENERALE GROUP IN FIGURES… 4 </li></ul><ul><li>WHAT IS DIVERSITY AND INCLUSION AT SOCIETY GENERALE 5 </li></ul><ul><li>SOCIETE GENERALE APPROACH TO DIVERSITY 6 </li></ul><ul><li>APPROACH TO DIVERSITY AT SOCIETE GENERALE IN THE UK 7 </li></ul><ul><li>A FEW ACHIEVEMENTS OF THE UK DIVERSITY COMMITTEE SO FAR 9 </li></ul><ul><li>DIVERSITY AND THE GROUP STRATEGIC PLAN – AMBITION 2015 10 </li></ul><ul><li>THE UK EMPLOYEE NETWORKS - OVERVIEW 11 </li></ul><ul><li>THE UK SG LGB NETWORK – A JOURNEY … 16 </li></ul>
  3. 3. THE SOCIETE GENERALE GROUP <ul><li>The Societe Generale Group has 157,000 employees of 120 nationalities, operating in 85 countries and working in more than 150 professions covering the whole spectrum of banking and finance. </li></ul><ul><li>The Group is committed to its customers and its employees and its ambitions are : </li></ul><ul><li>to be THE relationship-focused bank, a reference in its markets As bankers, our ambition and purpose is to stand by our clients. </li></ul><ul><li>to be chosen by our clients for the quality and commitment of our teams The strength of our Group rests on our 157,000 multi-talented employees. </li></ul>
  4. 4. THE SOCIETE GENERALE GROUP IN FIGURES… <ul><li>At a glance, the Societe Generale Group, this is… </li></ul><ul><ul><ul><li>33 million customers </li></ul></ul></ul><ul><ul><ul><li>157,000 employees of 120 nationalities </li></ul></ul></ul><ul><ul><ul><li>60% of employees are women </li></ul></ul></ul><ul><ul><ul><li>63% of employees work outside of France </li></ul></ul></ul><ul><li>The Societe Generale main objectives for 2012 in figures: </li></ul><ul><li>Group net earnings of approximately EUR 6 billion </li></ul><ul><li>Operating ratio below 60% </li></ul><ul><li>After-tax ROE of approximately 14%-15% </li></ul><ul><li>A Core Tier 1 ratio above 8% (Basel II, CRD3) </li></ul>02/28/12
  5. 5. WHAT IS DIVERSITY AND INCLUSION AT SOCIETE GENERALE? <ul><li>At Societe Generale, our people are our strength . </li></ul><ul><li>With employees in over 80 countries, we strive to attain an environment that epitomises our three core values: </li></ul><ul><ul><ul><ul><ul><li>Team work </li></ul></ul></ul></ul></ul><ul><ul><ul><ul><ul><li>Professionalism and </li></ul></ul></ul></ul></ul><ul><ul><ul><ul><ul><li>Innovation </li></ul></ul></ul></ul></ul><ul><li>By drawing upon our best talents worldwide, we harness the power that comes from a diverse environment .  We firmly believe that diversity at Societe Generale in all respects, is one of our most valuable propositions that we provide to our shareholders, management, staff and clients. </li></ul>
  6. 6. SOCIETE GENERALE APPROACH TO DIVERSITY <ul><ul><li>The Societe Generale Group has chosen to focus upon 2 core Diversity and Inclusion aspects which constitute the SG Group Diversity strategy . Both these are managed at a Global Level by the Group: </li></ul></ul><ul><ul><ul><li>Gender Diversity – ensuring that a certain percentage of women will be in Senior Management roles within the Group by 2015 </li></ul></ul></ul><ul><ul><ul><li>International Diversity – ensuring that a certain percentage of non-French people will be in Senior Management roles within the Group by 2015 </li></ul></ul></ul><ul><li>The Group has decided to delegate all other diversity and inclusion initiatives such as Family, LGBT, Disabilities, Cultural etc… to the Local/ Regional Level. </li></ul><ul><li>To promote a diverse culture, the Group is considering initiatives such as Staff and Managers mandatory training, Roll-out of Group-wide communications and the introduction of KPI to measure Managers’ success in contributing to the Diversity Group’ aims </li></ul>
  7. 7. APPROACH TO DIVERSITY AT SOCIETE GENERALE IN THE UK (1) <ul><li>At the core of Societe Generale values is our aim to give every individual the opportunity to fulfill their potential, and to do this in an environment where our employees feel comfortable enough to be themselves </li></ul><ul><li>With this in mind the UK Senior management, 4 years ago, launched the first UK Diversity Committee for Société Générale </li></ul><ul><li>Since its launch in 2008, the Committee has supported hundreds of staff across the organisation through initiatives ranging from mentoring to providing advice and support for parents and careers to holding a series of educational forums and network events </li></ul>
  8. 8. APPROACH TO DIVERSITY AT SOCIETE GENERALE IN THE UK (2) <ul><li>The UK Diversity Committee aims to develop a culture of openness and respect for all UK employees </li></ul><ul><li>Our objective is to maintain an active dialogue at all levels within Societe Generale to promote this culture. We will achieve our many diversity initiatives through our employee-led networks, engaging our senior management champions and benchmarking our efforts against city-wide best practices </li></ul><ul><li>We are committed to Corporate and Social Responsibility and to being an active corporate citizen in the local communities in which our employees live </li></ul><ul><li>Our success will ensure that we continue to provide a workplace where each of our employees can contribute to their full potential </li></ul>
  9. 9. A FEW ACHIEVEMENTS OF THE UK DIVERSITY COMMITTEE SO FAR… <ul><li>June 2011 – Societe Generale sponsored the Stonewall Summer Party to support Stonewall Campaign on anti-School bullying </li></ul><ul><li>September 2011 - Martina Navratilova came to visit the SG Offices in London speaking inspirationally about her personal life, her career and her achievements which are ongoing </li></ul><ul><li>September 2011 - The UK Diversity Committee team was awarded Outstanding Diversity Team of the Year at the European Diversity Awards 2011 </li></ul><ul><li>October 2011 - Societe Generale was the headline sponsor of the Diversity Career Show 2011 in London. </li></ul><ul><li>July 2011 - CEO of the Investment bank arm of Societe Generale, the UK Diversity Committee and the UK Chief Country Officer sponsored an awareness and working session on the topic of Driving Performance through Inclusion, developed uniquely by SG Corporate University for Societe Generale leadership population . The purpose of this working session was to raise awareness amongst Societe Generale leaders on Diversity and Inclusion. </li></ul>
  10. 10. DIVERSITY AND THE GROUP STRATEGIC PLAN – AMBITION 2015 <ul><li>Leaders at Societe Generale are expected to share the responsibility for embracing our differences and creating an environment of inclusion that will enable each staff to perform at their full potential. </li></ul><ul><li>Achieving this is one of the key goals of Ambition 2015, the strategic plan of the Societe Generale Group. </li></ul>
  11. 11. THE UK EMPLOYEE NETWORKS OVERVIEW <ul><li>There are 4 Networks that fall under the umbrella of the UK Diversity Committee, which are: </li></ul><ul><ul><li>MULTICULTURAL NETWORK </li></ul></ul><ul><ul><li>The Multicultural Network aims to inspire understanding and celebration of the many different cultural backgrounds represented by both employees and clients at Societe Generale </li></ul></ul><ul><ul><li>UK WOMEN’S NETWORK (UKWN) </li></ul></ul><ul><ul><li>The UK Women’s Network (UKWN) aims to increase the number and visibility of women leaders throughout Societe Generale in the UK, with initiatives spanning recruitment, development, motivation, and retention of female professionals </li></ul></ul><ul><ul><li>FAMILY NETWORK </li></ul></ul><ul><ul><li>Focusing primarily on the demands of working parents and carers, the Family Network provides support and solutions to help all employees achieve a good work/life balance </li></ul></ul><ul><ul><li>LGB NETWORK </li></ul></ul><ul><ul><li>The LGB Network contributes to Societe Generale’s inclusion and diversity agenda and helps create an LGB friendly working environment </li></ul></ul>
  12. 12. NETWORKS – THE MULTICULTURAL NETWORK <ul><li>The newly-established Multicultural Network seeks to promote awareness and understanding of the many different cultures and nationalities represented by employees and clients across Societe Generale. </li></ul><ul><li>Its planned activities include events throughout each year to allow employees to come together to mark both national holidays and religious festivals. </li></ul><ul><li>The network is also planning a series of workshops where employees can enrich their communication skills by gaining insight into the customs, attitudes and business practices they may encounter in different countries around the world. </li></ul><ul><li>By working closely with both internal and external organisations, networks and committees, the Multicultural Network aims to reinforce Societe Generale’s position as an inclusive, supportive and culturally diverse place to work and do business. </li></ul>
  13. 13. NETWORKS – THE UK WOMEN’S NETWORK <ul><li>The UK Women’s Network was established in early 2009 and has had great success in raising the profile of women at all levels within Societe Generale. The network regularly organises events for members*, some of which are also open to non-members and/or clients </li></ul><ul><li>UKWN events have included networking evenings, skills development workshops and regular internal events such as ‘Lunch and Learn’ where female employees get to talk with senior management and learn from the experiences of other women in the company </li></ul><ul><li>We are also proud to have launched a UK-wide mentoring program for women. The success of this initial program contributed to the launch in July 2011 of the London Branch’s first firm-wide mentoring initiative across business and support functions, co-sponsored by the UKWN and the HR People & Talent Development team </li></ul><ul><li>*All female members of staff are automatically enrolled as members of the UKWN but may opt out on request. </li></ul>
  14. 14. NETWORKS - FAMILY NETWORK <ul><li>Launched in 2010, the Societe Generale Family Network has focused on providing information, advice and support to employees looking to balance their work commitments with those of family and the home </li></ul><ul><li>The Family Network works with leading employee network specialist Employees Matter to offer seminars and other events to help employees address their work/life issues. Topics of interest are chosen by staff and addressed at quarterly speaker-led sessions and through our online information program </li></ul><ul><li>The Family Network has also been involved in making family members feel part of the Societe Generale community. Family events include an annual children’s Christmas party and an open day to give teenagers of staff an insight into business careers. The network has also been instrumental in securing Societe Generale’s annual membership to Working Families, a charity committed to helping working parents, careers and their employers find a better balance between responsibilities at home and work </li></ul>
  15. 15. NETWORKS – THE UK SG LGB NETWORK <ul><li>The LGB (Lesbian, Gay and Bisexual) network was launched in October 2010 </li></ul><ul><li>It seeks to promote and raise awareness of diversity issues throughout the bank, creating an LGB friendly working environment . </li></ul><ul><li>Providing information, guidance and support both to employees and management, the network aims to help Societe Generale towards its goal of becoming one of Stonewall’s Diversity Top 100 Champions. </li></ul><ul><li>The committee arranges internal and external events throughout the year to promote Societe Generale within the LGB community and to provide networking opportunities for LGB staff. The network regularly works alongside other organisations and committees, both within the LGB community and the banking sector, to support events and projects that are aligned with its own objectives. </li></ul><ul><li>The LGB committee is also available to address any LGB concerns that employees may have and, where appropriate, escalate issues to the Societe Generale UK Diversity Committee. </li></ul>
  16. 16. THE UK SG LGB NETWORK – A JOURNEY… <ul><li>The UK SG LGB Network started as a small team, but with a big voice. Our programme for 2011 was ambitious and we achieve all our objectives </li></ul><ul><li>Most importantly, we have built a strong foundation for LGB diversity and inclusion in a very short period of time . To that end, we believe that this efforts and achievements is worthy of recognition as the Outstanding Employee Network Group of the Year 2011 </li></ul>
  17. 17. THE UK SG LGB NETWORK – A JOURNEY… <ul><li>Against a backdrop of what is still considered “Taboo” in French companies, and by working with two well-recognised organisations on LGB front: Stonewall and Square Peg Media, the LGB network at SG has achieved quite a lot in 16 months. </li></ul><ul><li>To change this mindset took a lot of determination but we believe that we have achieved a lot so far. </li></ul><ul><ul><ul><li>Firstly we have achieved acceptance . We have broken the psychological barrier that plagued the LGB inclusion and showed everyone that the barrier was never there in the first place. </li></ul></ul></ul><ul><ul><ul><li>Secondly, we achieved backing and support from all the Senior Management team, Human Resources and Communication departments as well as the Societe Generale overall Diversity Committee , of which the Chair of the LGB Network is a full member. This support has allowed us to play a bigger role in the promotion of diversity and inclusion at Societe Generale. As a result, Societe Generale is now a key headline sponsor to a number of LGB events (e.g. Stonewall Summer Party, Diversity Careers Show) </li></ul></ul></ul><ul><ul><ul><li>And thirdly, we are the envy of other French corporations , which are not traditionally as present as their Anglo-Saxon counterparts on the LGB issue front. SG has always led the way in products and innovation, and now we show that we also lead the way in LGB diversity and inclusion. </li></ul></ul></ul>
  18. 18. THE UK SG LGB NETWORK – A JOURNEY… <ul><li>The LGB network is led by a member of the Senior Management team at Societe Generale. </li></ul><ul><li>The creation of the network has been taken seriously with a strong support from the Diversity Committee as well as the Senior Management at Societe Generale </li></ul><ul><li>The LGB network meets every second week to discuss potential activities such as bringing guest speakers to SG to present to SG Staff and raise awareness on LGB issues, preparation of the various diversity events, organisation of internal events and co-operation with other SG Employee networks. In terms of impact, we believe that the creation of the LGB network at Societe Generale, has made a significant impact both internally and externally. </li></ul>
  19. 19. THE UK SG LGB NETWORK – A JOURNEY… <ul><li>Internal Impact: </li></ul><ul><li>The main impact internally is one of psychological and a true belief and understanding of acceptance and inclusion. It doesn’t just say that we are diverse and inclusive; it proves and shows that we really mean it </li></ul><ul><li>The network now has over 10 active member pilots the UK SG LGB Network steering committee and over 45 employees are joining the events organised by the network </li></ul><ul><li>The UK SG LGB Network Steering Committee members meet twice per month to discuss the various initiatives and projects the LGB network should be engaged in </li></ul><ul><li>The members of staff demonstrating their interest in participating in events organised by the LGB network is growing rapidly </li></ul><ul><li>Public/External Impact: </li></ul><ul><li>The LGB diversity programme and inclusion sits at the heart of SG’s motto of “Building Together” and “Team Spirit”. The advertising campaign no doubt has had a significant impact on the perception of SG as an organisation. Some clients have already praised Societe Generale’s actions on the LGB front. </li></ul><ul><li>The most significant impact however is yet to come. From a French Banking Industry perspective, we may have led the way. We may not be the first banking group to promote LGB diversity and acceptance, but we are the first French bank to do so publicly. </li></ul>
  20. 20. THE UK SG LGB NETWORK – A JOURNEY… <ul><li>Since its inception, the LGB network at Societe Generale has grown significantly. </li></ul><ul><li>I n 2011, The UK SG LGB Network has been present on many front: </li></ul><ul><ul><ul><li>We sponsored the Stonewall Summer party in June 2011 supporting the “Education for all” campaign of Stonewall </li></ul></ul></ul><ul><ul><ul><li>We conducted advertising campaigns in a number of UK LGB publications in the magazines “Out in the City”, “Out at Work”, “G3” and the official Pride magazine throughout 2011. </li></ul></ul></ul><ul><ul><ul><li>Sponsoring of the Stonewall Friends Newsletter in November 2011 and April 2012 </li></ul></ul></ul><ul><ul><ul><li>Entry with a profile of Societe Generale in the Stonewall Starting Out recruitment guide for the first time </li></ul></ul></ul><ul><ul><ul><li>Editiorial/ Interview in the Out in the City Magazine with Vincent Francois, Chair of the LGB network at Societe Generale </li></ul></ul></ul><ul><ul><ul><li>Sponsorship of the Stonewall Summer Party </li></ul></ul></ul><ul><ul><ul><li>Entry in the Stonewall Workplace Equality Index for the first time </li></ul></ul></ul><ul><ul><ul><li>Participation of the Stonewall workshops, </li></ul></ul></ul><ul><ul><ul><li>We became member of the InterBank LGBT Forum </li></ul></ul></ul>
  21. 21. THE UK SG LGB NETWORK – THE JOURNEY CONTINUES… <ul><li>Now that it is strongly established, the UK SG LGB network is planning an number of events in 2012. These will include: </li></ul><ul><ul><ul><li>The Sponsoring of the forthcoming London Lesbian and Gay Film Festival, jointly with all the LGBT Interbank Forum </li></ul></ul></ul><ul><ul><ul><li>The Sponsoring of the 2011 Stonewall Summer Party in 2012 </li></ul></ul></ul><ul><ul><ul><li>A number of Speaker events throughout 2012, some of them jointly with other Networks (e.g. Family, Women and Multi-cultural Networks) </li></ul></ul></ul><ul><ul><ul><li>Monthly networking events for staff members </li></ul></ul></ul><ul><ul><ul><li>Regular LGB News/ Stories included in the weekly all staff internal newsletter </li></ul></ul></ul>
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