AFD - 2019 Universal registration document

STATEMENT OF NON-FINANCIAL PERFORMANCE 2 Ameaningful work environment

strengthen the dialogue with all Group stakeholders, and to ensure harmonised management of human resources. Four key principles underpin employee dialogue within the Group: i) a constructive dialogue between management and personnel representatives, ii) compliance with each person’s rights, iii) professionalism in negotiations, and iv) the anticipation of social issues. Accordingly, major changes planned within the Group are subject to negotiations with trade unions and procedures for informing and/or consulting with personnel representative bodies. AFD does not have a collective agreement. Labour contracts for AFD employees under French law are governed by staff regulations unique to each institution. Employees recruited in local offices abroad have an employment contract governed by staff regulations and must comply with the legal provisions that apply locally. Professional elections were held in May Ǿ 2018 to establish new personnel representative bodies based on the Macron Ordinances. As such, employee representation is now organised as follows: P a head office Social and Economic Committee and five local Social and Economic Committees for the French Overseas Departments collectively represent employees for all matters related to the company’s management, economic and financial development, organisation and working conditions, vocational training and social protection. Moreover, they organise social and cultural activities established within the company. The Social and Economic Committees also work to ensure the protection and safety of employees, to improve working conditions, and to gather and present to the company all individual and collective employee claims on the application of laws and by-laws; P a Central Social and Economic Committee holds twice-yearly ordinary session meetings that bring together representatives from the six committees and handles strategic, financial and economic initiatives that affect all employees governed by French law. It may also be required to handle matters related to health, safety and working conditions at the central level; P a Group committee meets annually, bringing together employee representatives of AFD and its subsidiaries. Created in 2017, the committee representing AFD employees in foreign countries brings together personnel representatives working in AFD or Proparco agencies/offices abroad, whether employees governed by local law (permanent or temporary contract) or service providers (in countries where social legislation does not allow direct employment by the agency). Its creation is consistent with AFD’s corporate social responsibility commitments. The first elections were held in February Ǿ 2018, and the committee met for the first time in March Ǿ 2018 at the AFD head office in Paris, and then in June Ǿ 2019.

training sessions covering twenty or so subjects were held in the network (compared to 34 in 2018). Thanks to the structuring of the Regional Departments, this growth is destined to continue in future years, both to back up deployment of business line sectors and to consolidate head office/network links. The Skills Development Plan is updated every year. Its ambition is to meet the needs of Group teams and employees, and to help them through the transformations that are impacting their business lines. In 2019 a new managerial training programme was deployed, for all the Group’s managerial community, representing nearly 400 Ǿ people. This programme is structured in three phases: “Responsible manager”, “Manager driving change” and “Manager as coach”. It lasts for between 12 and 18 Ǿ months, alternating theoretical teaching with transfers to the professional environment. Book-keeping for the training activities underwent some important changes starting in financial year 2019. In accordance with the legal framework, the concept of accountability has disappeared from the calculation methods, making it possible to recognise more accurately the real effort that the Group has made in favour of its employees. The legal definition of training action has broadened to encompass formats that were previously excluded from balance sheets (field study trips, seminars, symposiums, co-development, etc.). Therefore, for the head office staff , the training activity has grown significantly in 2019: 46,084 hours (1) of training were given (compared to 40,709 in 2018), which corresponds to a 13% increase and represents 4.3% of the total payroll costs. For the local staff , the observed growth is even clearer: 324 local employees were trained (compared to 244 in 2018), and benefited from training organised by the HRD, at the head office or in the network, for a total volume of 12,037 hours (compared to 8,028 hours in 2018), representing a leap of 50%. Looking at all target groups (2) , the overall training effort managed by the HRD represents 66,012 hours in 2019, i.e. an increase of 25% compared to 2018, although to keep the situation in perspective it is necessary to bear in mind the change in calculation methods. 2.8.3 Employee dialogue and social b relations Employee social dialogue is a cornerstone of AFD Group’s policy and a driver of fairness, cohesion and commitment amongst employees. Accordingly, the Group has adopted various systems to deal with the risks inherent in employment practices, the lack of internal dialogue on social issues, and psychosocial risks. The AFD human resources policy prioritises on more inclusive employee dialogue. The corporate social responsibility policy (2) adopted by the AFD Board of Directors in 2018 undertakes to

(1) To compare the 2019 financial year with previous years, we integrate these changes while keeping the capability to compare the 2019 figures with 2018 data on equivalent scopes (adopted scope: head office staff, head office and French Overseas Departments / Territories). (2) Including all target groups: head office staff, local staff, international volunteers, trainees, and personnel made available from AFD. (3) https://www.afd.fr/en/ressources/afd-groups-corporate-social-responsibility-policy-2018-2022.

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UNIVERSAL REGISTRATION DOCUMENT 2019

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