7-9-2010 16:05

Investor Relations - Corporate Responsibility

Business Principles


Eminently dynamic, Culture is also a process. It appears, sets down roots, develops, lives (is experienced), intensifies, renews itself. Culture is the work of people, but it is also the work of the Community that they form. It remains open to the ever new contribution of each and every one. The shared principles and values, as well as the way in which the community draws them up, defines and affirms them, allow the community itself to be identified and discerned. Culture is patrimony, but it is project, too.

The "culture" of a company is also like this. These Business Principles, which are now divulged, are intended to contribute to a corporate culture. The company itself is a common enterprise. These present Principles are naturally nurtured by the long experience of many people and institutions that come together in Millennium bcp. But they were then subject to teamwork within the scope of Social Responsibility and Sustainability, and documents were analysed and various stakeholders were interviewed. Following their submission to the Sustainability Committee they were again subject to sundry analysis and contributions.

The work will now go ahead, with the active critical involvement of all, we hope. An involvement that begins by reading it, reflecting on it and becoming fully conscious of it. It will be revised periodically. All valid contributions will be taken into account. These Principles must, in the first place, constitute a reference for all the Bank's Employees. They will help us in our day-to-day work and in the definition of strategies. They will be useful in the definition of criteria, guiding us in resolving possible doubts, dilemmas or conflicts of interest. But they will also constitute a reference for all the other stakeholders, and will therefore be disclosed to the public. We know what is expected of us.

Paulo Teixeira Pinto
Chairman of the Board of Directors

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Business Principles - full version 128 KB
 
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