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BBVA, Aida Perez Cadenas - Integrated reporting workshop. 4th Lundquist CSR Online Awards, Turin 8-9 Nov 2012
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BBVA, Aida Perez Cadenas - Integrated reporting workshop. 4th Lundquist CSR Online Awards, Turin 8-9 Nov 2012

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After 8 years of Corporate Responsibility reports, BBVA explains who they are in one report

After 8 years of Corporate Responsibility reports, BBVA explains who they are in one report

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  • 1. Integrated reporting:the next stepsLundquist CSR Online Awards Seminar 2012Turin, 9 November 2012
  • 2. CR communication model at BBVA 2
  • 3. BBVA’s positioningAfter 8 years of Corporate Responsibility reports…. 2010 2011 1st big Spanish Integration of the company to present an Group´s non-financial integrated report information with the legal report We explain who we are in ONE REPORT 3
  • 4. Goals to achieve1. A single message2. To make the process efficient: contents and costs3. Prospective approach4. To strengthen transparency and credibility5. To offer truthful and comparable information 4
  • 5. Active participation of BBVAInternational Integrated Reporting Council (IIRC) Pilot Program Exchanging knowledge and sharing experiences from 2011Research project on Integrated Report Participation of five Spanish companies in IIRC ‘s Pilot Program: BBVA, Enagas, Inditex, Indra and Telefonica Multidisciplinary group of experts 5
  • 6. Challenges on the way to the integrationTrue or false? Are the financial and non financial information verification processes coordinated? 6
  • 7. Challenges on the way to the integrationTrue or false? Do we integrate ALL the information that we used to publish in the Corporate Responsibility report into the integrated report? 7
  • 8. Challenges on the way to the integrationTrue or false? Are the current legal reports integrating the ESG aspects by legal imperative? 8
  • 9. Challenges on the way to the integrationTrue or false? Are the financial and ESG information “two separate worlds”? 9
  • 10. Conclusions INTEGRATED REPORT: What does it look like? 10
  • 11. Thank you!aida.perez.cadenas@bbva.com

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