Annual Report 201 8 ESADE Foundation

2017 Annual Report 201 8 ESADE Foundation

Annual Report ESADE Foundation 2017 - 2018 : GRI 102-1 COVER

CONTENTS 10 16 34 1. NEW DEVELOPMENTS 2. MISSION, VALUES 3. ACADEMIC AND KEY FACTS AND SOCIAL RESPONSIBILITY UNITS 48 58 66 4. FACULTY 5. RESEARCH 6. OUTREACH AND KNOWLEDGE AND SOCIAL DEBATE 86 106 114 7. GLOBAL 8. PEOPLE, INFRASTRUCTURE 9. PRIVATE OUTLOOK AND RESOURCES CONTRIBUTIONS 126 134 146 10. GOVERNING 11. ESADE 12. ECONOMIC BODIES ALUMNI INFORMATION 150 APPENDIXES BUSINESS SCHOOL LAW SCHOOL 3,187 1,730 1,308 127 Students* International Students* International Students Students

1,320 in the Bachelor of Business Administration (BBA) 145 in the Bachelor in Law 333 in the Double Degree in Business Administration and Law 277 in the Bachelor in Global Governance 614 in the MSc Programmes in Management 333 in the Double Degree in Business Administration and Law 376 in the MBA 204 in the Master in Legal Practice 12 in the Master of Research in Management Sciences 136 in the Master's and postgraduate programmes in law 29 in the PhD in Management Sciences 9 in the PhD Programme 232 in the Summer Programme 121 in Continuous Training 271 in other programmes 60 in the Summer Programme (BI Norwegian, MIP, CEMS and KIC InnoEnergy) 23 in the Lawyering Programme (ICADE, Madrid) EXECUTIVE EDUCATION 4,830 1,840 8,992 Students International students STUDENTS IN TOTAL

1,590 in Executive Education (EMBA, EXECUTIVE MASTERS, CORPORATE * The 333 students in the Double Degree in Business Administration PROGRAMMES) and Law mentioned in this Annual Report are attributed to both 852 in open programmes ESADE Business School and ESADE Law School. 2,388 in custom programmes GRI 102-7 FACULTY CAMPUS 77,287 m2 262 32 Total area Faculty Language Core instructors BCN MAD 32,655 m2 BCN · Pedralbes 2,625 m2 Madrid campus 42,007 m2 BCN · St. Cugat STAFF MEMBERS INCOME 423 36 €109 M €9 M People Internationals in gross income Scholarships, aid and discounts

€46 M Business School €100 M €16 M Law School in net TH income €35 M Executive Education 20 €3 M Research MBA IN THE WORD FUNDRAISING: FINANCIAL TIMES (JANUARY 2018) €3 M in contributions RESEARCH EVENTS 136 118 168 18,188 Faculty Members Articles in refereed Public events Participants conducting academic journals research ESADE ALUMNI

GRI 102-7 816 Public events with 27,859 participants 8

Joaquín Uriach President of the ESADE Foundation

This 2017-2018 Annual Report, which offers a detailed Our firm commitment to innovation in all sorts look at ESADE’s intense activity and achievements of formats and educational offerings guided our over the past academic year, must begin with investments over the past year. These investments enthusiastic recognition of Eugenia Bieto for are summarised in the pages of this report. her brilliant work as Director General of ESADE from 2010 to 2018. I would also like to extend this I would like to express my gratitude to everyone recognition on behalf of my two predecessors, Pedro who has supported ESADE’s common goals year Fontana and Manuel Raventós, who held the post of after year. In particular, I would like to thank the President of the ESADE Foundation while Eugenia members of the Board of Trustees, the International Bieto was serving as Director General. Advisory Board and the Professional Advisory Board; the companies represented on the Foundation’s This period in ESADE’s history will be remembered Assembly of Members; and all the individual donors for many milestones, but there are two that I would who have contributed to the sustainability of our like to highlight in particular. First, over these past project. I am also grateful to everyone who works few years, we have consolidated our global position in our academic community – faculty, administrative to such an extent that we no longer understand and service staff, and alumni – for their hard work ESADE as anything but a global institution. Our and professionalism, which have helped to make our classrooms bring together students of more than 100 institution a clear leader and an example to follow nationalities, our faculty includes professors from all in the world of education and training. over the world, and ESADE has definitively secured its position in the main international rankings. ESADE wrapped up the 2017-2018 academic year with the development of “Vision ESADE 2028”, an initiative The second milestone I would like to mention is led by the Board of Trustees that looks ahead to our innovation. Under Eugenia Bieto’s leadership, school’s 70th anniversary. The pillars of this renewed ESADE has responded deftly to a fast-changing vision – which lays the groundwork for ESADE’s environment that has reshaped our sector. An new strategic plan – are academic excellence, in-depth renewal of ESADE’s teaching model has exemplary values and economic sustainability. Under enabled us to offer students and participants an the guidance of our new Director General, Koldo educational experience aligned with new ways Echebarria, this new vision will enable ESADE to of learning that are emerging today. The five- take another historic leap forward in its journey to laboratory ecosystem that makes up the Rambla become a widely admired and cutting-edge school of Innovation is the best indication that ESADE in the global higher education sector. As always, we has embraced innovation and experimentation as hope to count on your support in this endeavour.

central tenets of the school’s methodology. Thank you very much. GRI 102-14 9

Koldo Echebarria Director General of ESADE Business & Law School

The first words I spoke as Director General of ESADE us confident that the programme has been well were to recognise my predecessors. It could not have received at the international level. been otherwise: their enormous contributions helped to make ESADE the innovative and global institution ESADE means innovation, but it also means that it is today. The 2017-2018 academic year, the commitment. We want to get involved and drive details of which are recorded in this Annual Report, social progress. Last year, the Financial Times was an example of how this institution continues ranked the ESADE MBA #1 in Europe in terms of to address the challenges of today’s accelerating the opportunities afforded by the programme to world. And the leader who oversaw this good work the female executives of the future. Universities and was Eugenia Bieto, who headed up ESADE from 2010 business schools must set an example for society, until last year. including through our gender-diversity policies, and I am pleased that ESADE’s efforts in this area have This report describes the numerous projects that been recognised. came to fruition over the past academic year. The most visible of these projects is surely the Rambla of The ESADE Scholarship Programme serves as a Innovation: an ecosystem consisting of five spaces vehicle for another of our commitments to society. that opened last year. This project, like many other Our institution is committed to fostering diversity key initiatives undertaken by ESADE, is aligned and equality of opportunity in our classrooms. with our longstanding commitment to innovation. Through our combined efforts, in 2017-2018 we were There is no doubt, however, that this new ecosystem able to award 250 scholarships – or rather, to make has given the main thoroughfare of our Sant Cugat 250 long-term investments in the talent of young campus an entirely different look and feel. people with a bright future ahead of them. I am especially grateful for the efforts of our individual As for our portfolio of programmes, in keeping and corporate donors in this regard. with our commitment to constantly innovating and responding to new challenges, in 2017-2018 we held Finally, I would like to take this opportunity to the first edition of our MSc in Business Analytics. thank the entire ESADE community, faculty and This programme combines technical knowledge with administrative and service staff, whose hard business vision and positions students to cover the work and commitment are essential to the proper new needs of the many companies that are recruiting functioning of the school. Thank you very much. data scientists, machine-learning experts and big- data managers. This is just one example, to be sure, but the fact that the first edition attracted

GRI 102-14 participants from 16 different countries makes New developments and key facts

8,992 students at 77,287 m2 of campus buildings ESADE Business School, ESADE Law School and Executive Education €109 million in income

262 core faculty in management and law ANNUAL REPORT 11

By striving to set an example in the field of education and training, ESADE helps to build a better future for society.

ESADE is an institution with a global outlook, dedicated to education and research in the fields of management and law. It is structured in three educational areas: ESADE Business School, ESADE Law School and Executive Education.

ESADE strives to provide an example to follow in the field of education and training, helping to build a better future for society through an ongoing commitment to talent, integrity, excellence and innovation.

This Annual Report reflects the intense level of activity that ESADE has maintained over the past academic year in pursuit of this aim. The report provides a complete picture of the 2017-2018 academic year, the people who make up our institution, and the results obtained. 12 NEW DEVELOPMENTS AND KEY FACTS

NEW DEVELOPMENTS

One of the key milestones of the 2017-2018 academic Full-Time MBA as the best in Spain and Europe for year was the grand opening of the Rambla of professional women in its list of the top 50 MBAs for Innovation. This new learning ecosystem made up women, which is based on the gender-diversity results of five laboratories confirms our commitment to of the newspaper’s global MBA ranking. reinventing our institution’s teaching model with a view to meeting new demands and addressing the Over the past year, ESADE has also remained a challenges of the future. Located on our Sant Cugat benchmark of innovation in education and many campus, the Rambla of Innovation exemplifies the fact other areas, thanks to initiatives such as the launch that the best way to learn is to experience first-hand of a joint programme with Singularity University (SU) the reality of companies and organisations. – a global innovation and learning community founded by NASA and Google– that provides executives Covering a total surface area of 2,100 m2, this ecosystem with the inspiration and tools they need to lead the comprises five newly built learning laboratories. These transformation of their companies. open-plan spaces are equipped with modular furniture, networking points, and simulation environments In addition to ESADE’s global and innovative character, for specific groups to carry out experiments. The the school is also defined by its commitment to society. laboratories are known as Fusion Point, Decision Lab, This Annual Report reflects our involvement in this area EWorks, EGarage and Fab Lab. through solidarity and volunteering initiatives such as those developed by the University Development Service The Rambla of Innovation represents a major step (SUD), Alumni Giving Back, the ESADE Challenge for forward in ESADE’s commitment to transforming Talent scholarship campaign, the Institutional Social its educational model. In this context, the 2017-2018 Action Programme, and social-impact programmes like academic year was the third year of ESADE’s Student “Aprende y Emprende”, which targets entrepreneurs First educational innovation project. A total of 76 with disabilities. innovation projects have been carried out in subjects in various programmes, encompassing a wide range of disciplines, all with the aim of incorporating the flipped-learning methodology into our classrooms. Student First is ESADE’s response to the challenges of globalisation and the digital revolution, as well as the economic and psychosocial changes that they entail for higher education.

From an economic standpoint, 2017-2018 was a very good year for ESADE. The institution’s turnover was €109 million, a 5 % increase over the previous year. The cash flow generated this year – €10 million – will allow us to make all of the necessary investments to maintain ESADE’s competitive position at the international level. Especially significant investment projects include the Rambla of Innovation and the continuation of the CORE project, which aspires to change and update all of the school’s technological infrastructure for academic management over the next three years.

This year, ESADE’s international position has been reaffirmed by excellent positions in key rankings. Most notably, the Financial Times recognised ESADE’s ANNUAL REPORT 13

BUSINESS SCHOOL LAW SCHOOL EXECUTIVE EDUCATION

3,187 students 1,308 students 4,830 participants

• 1,320 in the Bachelor of • 145 in the Bachelor in Law • 1,590 in Executive Education Business Administration (BBA) • 277 in the Bachelor in Global (EMBA, Executive Masters, • 333 in the Double Degree in Governance corporate programmes) Business Administration and Law • 333 in the Double Degree • 852 in open programmes • 614 in the MSc in in Business Administration • 2,388 in custom programmes Management programmes and Law • 376 in the MBA • 204 in the Master in Legal • 12 in the Master of Research Practice • 29 in the PhD Programme • 136 in master’s and • 232 in the Summer postgraduate programmes Programme • 9 in the PhD Programme • 271 in other programmes • 121 in continuing education (BI Norwegian, MIP, CEMS • 60 in the Summer Programme and KIC InnoEnergy) • 23 in the Lawyering Programme (ICADE, Madrid)

1,730 international students 127 international students 1,840 international participants

8,992 students in total*

FACULTY RESEARCH SCHOLARSHIP PROGRAMME • 262 Law and Management • 136 faculty members have (talent scholarships) faculty members published academic research • 32 language instructors this year • 250 scholarship recipients in • 118 articles in refereed journals all programmes • €2.6 million allocated to the ADMINISTRATIVE A INCOME 2017-2018 Scholarship Programme ND SERVICE STAFF €109 million in gross income • 423 staff members €9 million in scholarships, CAMPUS aid and discounts 77,287 m2 total area €100 million in net income • 32,655 m2 on the • €46 million ESADE Business Barcelona–Pedralbes campus School • 42,007 m2 on the Barcelona • €16 million ESADE Law –Sant Cugat campus School • 2,625 m2 on the Madrid • €35 million Executive campus Education • €3 million Research * The 333 students in the Double Degree in Business Administration and Law mentioned

GRI 102-2 / GRI 102-8 Fundraising: in this report are attributed to both €3 million in total contributions ESADE Business School and ESADE Law School. 14 NEW DEVELOPMENTS AND KEY FACTS

RANKINGS ALUMNI

• 63,200 alumni BBA MSc in International Management • 72 international chapters

#1 #8 NUMBER OF EVENTS Private university Worldwide AND PARTICIPANTS El Mundo Financial Times ESADE • 168 public events Bachelor in Law Master in Finance • 18,188 participants

#1 #14 ESADE Alumni Private university Worldwide • 816 public events El Mundo Financial Times • 27,859 participants

MBA GEMBA

#1 #11 in Europe for women Worldwide Financial Times The Economist

#5 #41 Non-US MBA Worldwide Forbes Financial Times

#9 Non-US MBA Executive Education Bloomberg Businessweek #10 #9 In Europe MBA worldwide Financial Times América Economía

#15 MBA in Europe for entrepreneurs European Business School

#20 #8 MBA worldwide In Europe Financial Times Financial Times ANNUAL REPORT 15 Mission, values and social responsibility

ESADE participated The 3rd Solidarity Day in a multilateral platform was dedicated to the created by the European circular economy and Commission to achieve goals related to the fight the UN MDGs against climate change

The 3rd Stakeholders Panel was organised to strengthen the institution’s social commitment ANNUAL REPORT 17

ESADE is an academic institution founded in Barcelona in 1958 as an initiative of civil society and the Society of Jesus. It has been a part of Ramon Llull University since 1995. ESADE also belongs to the UNIJES network of Jesuit universities.

MISSION VALUES

To advance education and research in the areas The ESADE community is committed to promoting a of management and law, by: set of values that are consistent with human quality and academic and professional excellence, and to • Comprehensively educating professionally applying these values in the service of our local and competent and socially responsible individuals. global society. These values are integrity, respect, • Creating knowledge that is relevant to improving diversity, justice and contribution to the common organisations and society as a whole. good. In accordance with these values, the members • Contributing to the social debate in order to build of the ESADE community are committed to acting freer, fairer and more prosperous societies. with personal integrity, professional scrupulousness and social responsibility. ESADE carries out its mission, inspired by the humanistic and Christian traditions, in the context of intercultural dialogue.

VISION

ESADE aspires to be a leading academic institution in the fields of management and law that offers students and executives from all over the world a unique, innovative, transformational and high- quality educational experience based on a unique teaching model. The school strives to be recognised internationally for its connection to the business world, its commitment to fostering innovation and entrepreneurship, and its capacity to develop responsible, collaborative and socially committed leaders. ESADE’s sustainable economic model makes the school competitive in today’s highly demanding global environment. GRI 102-16 18 MISSION, VALUES AND SOCIAL RESPONSIBILITY

ESADE, A SOCIALLY RESPONSIBLE ACADEMIC INSTITUTION

ESADE’s track record on social responsibility issues and its commitments as a member of various international organisations are reflected in the school’s journey over the past 16 years:

2002 2007 2012

• Adherence to the Rio + 20 • Founding member (2002) • Participation on the taskforce declaration (2012), which includes • Supervisory Board member responsible for preparing the commitment to achieve 8 (2002-2008) the Principles (2006) sustainability projects • Constant participation and host • Adhered in 2007 • Updating commitments of the 6th Annual Colloquium • Progress reports: 2010, 2012, 2014-2018 (2007) 2014 and 2016 • Member of the Board • Participation in the PRME Champions (since 2012) project coleadering the curricular development area (2013-2015) 2013 GRI

• Member of the Management 2009 Board (2007-2012) • Preparation of ESADE’s Annual Report according to GRI 2003 standards, and integrating the • Associated member (2009-2013) Global Compact’s progress report (2011, 2012, 2013, 2014 and 2015)

• Adhered in 2003 • Member of the Executive • Creation of the Net Impact Club Committee for the Spanish (in 2009) Network (2007-2016) • Gold Chapter Status obtained • Progress reports: 2008, 2009 and (in 2011) 2010 (GC Advanced), 2011, 2012, 2016 2013, 2014 and 2015 (included in the GRI Report) • Adhered in 2016 2010

• Adhered in 2010 • Participation in BGP Global 100 ranking: 2003 (Distinction), 2005 2017 (2nd), 2007 (14th), 2009 (32nd) and 2011 (12th) • Inaugural address at the start of the academic year 2011 • Creation of the Sustainable Development Goal (SDG) Observatory • Participation since 2003 • Adhered in 2011 • Collaboration with the European • Declaration of our commitment Commission to achieve the SDGs to institutionalise the SEKN • Aspen Institute Spain • Participation in the Challenge- network at ESADE (2009) representative (since 2011) Based Innovation Programme to • Participant in the projects: define solutions for SDG-related “Economics and Peace challenges Faculty Network” (2011) and “Undergraduate Business Education Consortium” (2012, 2013, 2014 and 2015) GRI / GRI 102-13 102-12 ANNUAL REPORT 19 20 MISSION, VALUES AND SOCIAL RESPONSIBILITY

SUSTAINABLE DEVELOPMENT GOALS

The 2030 Agenda for Sustainable Development, approved in 2015 by the United Nations General Assembly in New York, is one of the most consequential global agreements. It directly calls upon universities and business schools to commit to training responsible leaders and citizens.

With regard to the 17 Sustainable Development Goals (SDGs), universities and business schools have the capacity to influence students by providing a values-based education grounded in responsible and sustainable practices and by encouraging responsible and morally sound leadership.

Among other objectives, the SDGs call for universal access to a quality education as well as gender equality and women’s empowerment, sustainable economic growth, urgent action to address climate change, and measures to promote peace and justice.

The following were the main activities carried out during the 2017-2018 academic year in this area:

• Cristina Gallach, a high-ranking European Union • ESADE introduced its Green Rules, a series of official and former Undersecretary-General of the SDG-inspired recommendations to help reduce United Nations for Communications and Public negative environmental impacts. Information, delivered the inaugural lecture of the 2017-2018 academic year, entitled “Young People: • As part of our efforts to promote the SDGs, Actors and Mobilisers for the 2030 Agenda”, before ESADE’s 3rd Solidarity Day focused on the circular an audience of ESADE students on 9th October 2017. economy and goals related to the fight against climate change. • ESADE joined a high-level multilateral platform created by the European Commission to achieve • ESADE attended “2030 Agenda: A Whole-of-Soci- the UN SDGs. ety Approach”, a UN conference organised as part of the High-Level Political Forum 2018 in New York. • The Annual Report of the Observatory on Sustainable Development Goals, which assesses the contribution of Spanish companies to the 2030 Agenda, was presented on 17th May 2018.

W SUPPORT GRI 102-17 ANNUAL REPORT 21

SOCIAL RESPONSIBILITY MASTER PLAN

The fundamental aim of the Social Responsibility Master Plan is to help ESADE achieve its vision of becoming a socially responsible and sustainable academic institution.

The plan encompasses projects and initiatives that transversally involve the entire institution and fall into eight areas of activity, as shown in the figure below.

AREAS OF ACTIVITY

01 02 TRANSPARENCY & TRAINING ACCOUNTABILITY 08 RESEARCH

SOCIAL ACTION 03 & COOPERATION I+RS SOCIAL DEBATE 07 SNAPSHOT 2010-2018 ENVIRONMENTAL RESPONSIBILITY ESADE 04 COMMUNITY & INSTITUTIONAL STAKEHOLDERS 06 POLICIES 05 22 MISSION, VALUES AND SOCIAL RESPONSIBILITY

SOCIAL RESPONSIBILITY INITIATIVES AND PROJECTS CARRIED OUT IN 2017-2018

Education

ESADE has implemented various initiatives that promote a unique, innovative and transformative educational experience, with the aim of training competent, socially responsible professionals:

• The University Development Service (SUD) has put the talent of the ESADE community at the service of social enterprises, non-profits and institutions in Latin America, Africa and Asia, with the aim of working jointly to strengthen the beneficiary organisations. During the 2017-2018 academic year, 76 students worked on 41 projects in 10 countries.

• The ESADE Law School Social Responsibility Workshop provided a service-learning experience in which students collaborated with local social entities such as Migra Studium, Aste, Casal dels Infants and the La Vinya Foundation.

• A group of students took part in the ATTRACT initiative, spearheaded by the European Organisation for Nuclear Research (CERN), which coupled world-class research laboratories with business-management experts to create an innovation ecosystem that would accelerate the development of disruptive technologies in Europe.

• The Scholarship Programme, one of ESADE’s strategic projects, represents the institution’s commitment to fostering talent, diversity and equality of opportunity in our classrooms. In the 2017-2018 academic year, ESADE awarded scholarships to 250 students and allocated €2.6 million for this purpose.

KEY DATA FROM THE 2017-2018 ACADEMIC YEAR:

Students from the undergraduate and MSc 76 programmes 41 Projects 10 COUNTRIES in Latin America, Africa and Asia ANNUAL REPORT 23

Research

Major research initiatives during the 2017-2018 academic year included the following:

“The Digital Revolution and the World’s Great Challenges: 100 Digital Social Innovation Initiatives that Are Transforming Latin America”

Published by the ESADE Institute for Social Innovation, this study explores the convergence between the social sector, innovation, and information and communication technologies and their enormous potential to solve Latin America’s economic disparities and to address the region’s critical social and environmental challenges.

“A paradox perspective on corporate sustainability: Descriptive, instrumental, and normative aspects”. Journal of Business Ethics

Over the past decade, we have witnessed the emergence of a paradox perspective on corporate sustainability. To contribute to the consolidation of this emergent field of research, ESADE Professor Tobias Hahn offers a definition of the paradox perspective on corporate sustainability and a framework to delineate its descriptive, instrumental and normative aspects, as well as its implications for research and practice.

“Digital Transformation in NGOs: Concepts, Solutions and Practical Cases”

The world is witnessing an unprecedented transformation period char- acterised by technological innovation, resource scarcity and climate change. The process of digital transformation acts as a catalyst to accelerate change, creating highly demanding and challenging environments. This study, carried out in collaboration with PwC, serves as a guide to help non-governmental organisations and social entities adapt and evolve so that they can successfully face this challenging environment.

“Leveraging the Vertical: The Contested Dynamics of Sustainability Standards and Labour in Global Production Networks”. British Journal of Industrial Relations

A study by ESADE Assistant Professor Maja Tampe in the British Journal of Industrial Relations tackles the keys to adopting sustainability standards effectively. Prof. Tampe’s research analysed two groups of farmers in Ecuador who adopted sustainability standards. The findings show that the success and failure of sustainability standards hinges on whether the producers are able to improve their quality and develop close, diversified relationships with various buyers. 24 MISSION, VALUES AND SOCIAL RESPONSIBILITY

“Embedding Social Innovation: Shaping Societal Norms and Behaviors Throughout the Innovation Process”. Business & Society

New products and services that tackle grand societal challenges often require changes in societal norms, values and expectations. This study by ESADE Professor Daniel Arenas explores how different types of inter- actions between innovating actors and users throughout the innovation process shape the understanding of social innovation and highlights the central role of physical experiences and positive emotions among users.

“Impact investing: Financing social entrepreneurs”. Entrepreneurial Finance

Impact investing is an emerging field of practice that is evolving as we speak. Therefore, we are all still in learning mode. Academic institutions, researchers and practitioner networks such as the European Ven- ture Philanthropy Association play an important role in facilitating this learning. In this publication, Lisa Hehenberger, Director of the ESADE Entrepreneurship Institute, builds on existing research and outlines recommendations for financing social enterprises. ANNUAL REPORT 25

Social debate

The following are some of the initiatives carried out by ESADE over the past year to facilitate and support dialogue among interest groups with regard to critical issues on the local and global agenda:

• 11th Annual Conference of the Institute for Social Innovation (17th April). The theme of this event was “Social Innovation to Further the Sustainable Development Goals: A Focus on Replicability and Sustainability”. Representatives of various companies, NGOs, public-sector organisations and social enterprises discussed the ways in which they are using the SDGs to innovatively and effectively address current challenges by means of alliances, tools and actions.

• “Anthropogenic Transformation of the Planet: Are We in Time to Save the Earth?” (23rd May). This session was organised within the framework of the Big Challenges initiative. Scientists Rafel Sardá and Manuel Arias discussed the role of humans as agents of environmental change on a planetary scale.

• Dialoga Prize (4th edition). This award for high school students was organised by ESADE Law School and the Catalan Association of No- taries as part of their activities to promote alternative conflict reso- lution techniques. This focus of this year’s edition was “dialogue in conflict management”. 26 MISSION, VALUES AND SOCIAL RESPONSIBILITY

ESADE community and stakeholders

ESADE’s organisational practices demonstrate the institution’s identity and values. We interact with various stakeholders and networks to strengthen our educational, social and environmental relationships and commitments. Key activities during the 2017-2018 academic year included the following:

• 3rd Stakeholders Panel (November 2017). This • The aim of Solidarity Day was to raise awareness event brought together more than 20 people in the academic community – students, faculty, from various interest groups: trustees, alumni, staff and alumni – by encouraging reflection and companies, suppliers, NGOs, alumni, faculty, an interest in improving the world in our daily administrative and service staff, and ESADE lives. The third edition of this event, held in April executives. Participants were split into three 2018, was dedicated to the circular economy and groups, each tasked with responding to ques- goals related to the fight against climate change. tions pertaining to a specific area: Social SR-E, Eighty members of the academic community Environmental SR-E and Future SR-E. The event were in attendance. The poster was designed by ended with a plenary dialogue in which repre- students from a new club called The Studio. sentatives of each group presented the ideas, proposals and recommendations that arose in • During the 2017-2018 academic year, ESADE their respective areas. organised a creativity contest designed to encourage reflection on consumption habits. This activ- • The AliaRS-E network, which consists of 189 staff ity was carried out in collaboration with students and faculty allies, celebrated its fifth anniversary. from Oikos Barcelona and Empresa i Societat. This open, informal network is dedicated to lead- The poster was designed by students from a new ing and promoting a significant change in ESADE’s club called The Studio. sensibilities, behaviours and policies on the subject of social and environmental responsibility. Two • Key initiatives related to ESADE’s identity and mis- AliaRS-E network forums were organised during the sion included a workshop entitled “ESADE’s Values 2017-2018 academic year (November 2017 and June and the Jesuit Tradition”, various seminars in Man- 2018); average attendance was 60 people. resa (Barcelona), UNIJES gatherings at Loyola and Salamanca, the Leadership Challenge Programme and the activities of the Spirituality Team.

ESADE Social Responsibility

SOLIDARITY DAY Now is the time to get involved. GRI 103-2 / GRI 103-3 / GRI 412-2 / GRI 103-3 GRI 103-2

SUBJECT Climate Change & Circular Economy ANNUAL REPORT INSTITUTIONAL POLICIES 27

Institutional policies

Progress was made in two key areas:

• Transparency: ESADE set up infoCEX, an intranet page containing complete institutional documentation and information on the Executive Committee, including references to meetings and agreements.

• Compliance: With the aim of guaranteeing compliance with the institution’s legal obligations and voluntary commitments, ESADE developed the foundation and architecture of a compliance policy. 28 MISSION, VALUES AND SOCIAL RESPONSIBILITY

Environmental responsibility

During the 2017-2018 academic year, ESADE continued its campaign to improve environmental practices by raising awareness and promoting the adoption of behaviours and habits aligned with a more sustainable vision of the institution.

GREEN RULES CAMPAIGN TO ELIMINATE PLASTIC BOTTLES

ESADE renewed its Green Rules, a series of best • Installation of 13 new water coolers in the Exec- practices inspired by the SDGs, which are designed utive Education classrooms in Building 3, which to raise awareness within the community about ar- led to a substantial reduction in consumption of eas for environmental improvement. water and plastic. • Installation of three new fountains at ESADE. • Placement of signs alongside each water fountain explaining the benefits of their use.

CHANGES IN CONSUMPTION CAMPAIGN TO PREVENT FOOD WASTE

The following graph illustrates the positive trend in During the 2017-2018 academic year, ESADE pro- ESADE’s consumption habits: moted the adoption of more responsible behaviours and habits in the institution’s cafeterias. The image below depicts a poster that was displayed at the CONSUMPTION 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 entrance to the cafeteria and in a location visible Paper 43 29 27 23,8 19,8 18,76 to anyone about to place an order. (T)

Electricity 122 110 105 90,28 91,08 90,97 (kW/m2) Zero Waste! Water La comida no se tira 3 2 0,56 0,46 0,81 0,80 0,71 0,77 (m /m ) Evitem el malbaratament d´aliments

#noalcubo

noalcubo.org W SUPPORT yonodesperdicio.org

Responsabilidad Social de ESADE GRI 103-2 / GRI 103-3 / GRI 301-1 / GRI 302-1 / GRI 303-1 / GRI 306-2 / GRI 307-1 / GRI 306-2 / GRI 303-1 / GRI 302-1 / GRI 301-1 / GRI 103-3 GRI 103-2 ANNUAL REPORT 29

RECYCLING CAMPAIGN INITIATIVES TO REDUCE ENVIRONMENTAL IMPACT

• ESADE set up five mini recycling centres that includ- The following actions were carried out during the ed collection points for CDs and DVDs, electrical 2017-2018 academic year: and electronic devices, and printer cartridges on the Pedralbes and Sant Cugat campuses. The SR-E infor- • Paper placemats for food trays were eliminated mational panel was used to promote this initiative. from the Building 1 restaurant. • Furniture from Floor A of the Sant Cugat academic • Old furniture was restored and reupholstered. building and the human resources meeting room • A multi-phase project was initiated to replace in Barcelona was recycled. paper towels with electric hand dryers. The pilot project carried out in 2017-2018 saw the installation of six units in Sant Cugat, two in Building 1 and two in Building 3 (Pedralbes). • The Sant Cugat campus saw the introduction of a solar installation to eliminate CO2 emissions (greenhouse effect).

01 ESADE’s AVOID USING PAPER Green • The ESADE community reached a car-sharing 02 Rules TAKE PART IN THE SELECTIVE RECYCLING PROCESS Small changes in our daily 03 routine for a more TAKE ADVANTAGE OF agreement with Avancar. The fleet now has its sustainable ESADE NATURAL LIGHT INSTEAD OF USING ARTIFICIAL LIGHT

04 DON’T WASTE FOOD first hybrid vehicle in Sant Cugat. W SUPPORT 05 CONSUME RESPONSIBLY

06 TURN OFF COMPUTERS AND SCREENS THAT AREN’T BEING USED • The parking lot of Building 3 was adapted to en-

07 AVOID USING PLASTIC CUPS, SPOONS AND BAGS REDUCE - courage bicycle use: a free entrance (no barrier) REUSE 08 - DON’T WASTE WATER RECYCLE - REPAIR 09 - USE THE DRINKING FOUNTAIN RATHER RESPECT THAN DRINKING BOTTLED WATER was introduced exclusively for cyclists. 10 WALK, CYCLE OR USE PUBLIC TRANSPORT ESADE’s Social Responsibility

INITIATIVES TO REDUCE ELECTRICITY CONSUMPTION

The following actions were carried out during the 2017-2018 academic year:

• LED lighting and motion sensors were installed in new classrooms and common areas on the Sant Cugat campus: BBA classrooms in Module C of ESADECREAPOLIS, the Rambla of Innovation, classrooms 103 and 104 (one classroom split in two), and the ERoom. • Air-conditioning systems were replaced with high-efficiency units in Buildings 1 and 2. • Systems to continuously monitor electricity and heating consumption were installed in the facilities of the Rambla of Innovation. • A solar-powered hot-water system was installed

GRI 103-2 / GRI 103-3 / GRI 302-4 / GRI 103-3 GRI 103-2 on the Sant Cugat campus. 30 MISSION, VALUES AND SOCIAL RESPONSIBILITY

SOCIAL ACTION

Social Action programme: a shared project Other solidarity initiatives

ESADE’s Social Action programme is open to the Forty initiatives were organised during the 2017-2018 entire community, putting collective solidarity-based academic year, involving more than 1,700 people. experiences within reach for everyone. During the Highlights include the following: 2017-2018 academic year, various initiatives were carried out with the three participating entities: • Two solidarity concerts (in October and March) as well as various other solidarity initiatives organised in the • Casal dels Infants (Barcelona and Sant Cugat), framework of #ESADEgoesPink, which aimed to raise a citizen-driven social organisation that works awareness in the community about the importance in various neighbourhoods to maximise the of research on breast cancer and rare diseases. opportunities available to children and young people with difficulties. • ESADE supported La Marató de TV3 by organising a gigantic domino game to raise money for research on infectious diseases. Eighty members of the community took part and a total of €3,530 was raised, thanks to the efforts of our volunteers.

• Down Foundation Spain (Madrid), an organisation • A Christmas campaign was organised to increase dedicated to promoting the inclusion of people with the visibility of the Mambré Foundation’s work to Down syndrome in all aspects of life. support disadvantaged groups.

• Two ESADE teams participated in Barcelona Magic Line, an initiative of Obra Social Sant Joan de Déu that drew 13,000 participants and raised a total of €350,000.

• Jesuit Refugee Service (international), an • A charity initiative linked to the Sant Jordi holiday organisation that seeks to accompany, serve and benefited the ASTE Foundation, which organises advocate for refugees and other displaced people. university volunteers who work with elderly people. Various ESADE Law School students collaborate with this organisation.

• ESADE collaborated with Banc de Recursos by donating 75 used computers, which will be put to use by various social entities. GRI 103-2 / GRI 103-3 / GRI 413-1 / GRI 103-3 GRI 103-2 ANNUAL REPORT 31

WORLD REFUGEE DAY

As part of ESADE’s institutional collaboration with the Jesuit Refugee Service (JRS), a conference was organised on 20th June to mark World Refugee Day. The conference featured talks by Fadi Danou, a Lebanon- based project manager for the JRS, and Hanna Khoury, a Syrian teacher who works at a JRS school in Lebanon. Audience members were given a first-hand look at the situation in Lebanon as many thousands of people have fled the conflict in Syria. The conference also featured the participation of two Barcelona-based families who have opened their homes to young Syrian refugees. Besides bringing the audience face to face with the realities that have forced people to abandon their homes and families in search of safety in other countries, the conference encouraged the ESADE community to reflect on what we can do to help.

COOPERATION WITH CENTRAL AMERICAN UNIVERSITIES

As part of our annual cooperation activities with three Central American Jesuit universities – the Central American University of Nicaragua (UCA), José Simeón Cañas Central American University of El Salvador and Rafael Landívar University of Guatemala – in the summer of 2017, ESADE took part in the 6th Academic Exchange Meeting at the UCA. A seminar entitled “Conflict Management and Business Compliance” was given by ESADE faculty members Antonio Delgado and David Velázquez.

This activity involved the participation of 54 scholars from the three Jesuit universities. A breakfast was also organised with 10 business owners from various sectors. The scholars engaged with the business owners on the topics covered in the workshop, thereby strengthening their ties with these economic and social groups in Nicaragua. GRI 103-2 / GRI 103-3 / GRI 413-1 / GRI 103-3 GRI 103-2 32 MISSION, VALUES AND SOCIAL RESPONSIBILITY

TRANSPARENCY AND ACCOUNTABILITY

• The 2016-2017 Annual Report was prepared in accordance with the Global Reporting Initiative’s international G4 standard, which requires disclosures pertaining to social, economic and environmental impacts. The report also reinforces the institution’s commitment to the ten principles of the United Nations Global Compact.

• In 2017, ESADE published a report on identity and social responsibility that describes various initiatives designed to encourage compliance with the Principles for Responsible Management Education (PRME) and to further the institution’s mission.

• A report on achievements and advances related to ESADE’s Social Responsibility Master Plan was published during the 2017-2018 academic year. This report informed the academic community of the various projects and initiatives carried out to meet the objectives established for the period 2014-2018. ANNUAL REPORT 33 Academic units

ESADE wins ESADE chosen for First Prize in the the sixth year in a row CLADEA Awards with its to impart the ‘Promociona’ Rambla of Innovation programme

The launch of the Master in Corporate Compliance and Economic Criminal Law ANNUAL REPORT 35

ESADE is an academic institution that is split into three training fields (Business School, Law School, Executive Education). It has campuses in Barcelona and Madrid, with students drawn from around the world. 36 ACADEMIC UNITS

BUSINESS SCHOOL

KEY DATA FROM THE 2017-2018 ACADEMIC YEAR

ESADE wins First Prize in the CLADEA Awards

The Latin American Council of Latin American Business Schools (CLADEA) awarded ESADE First Prize for its Rambla of Innovation initiative in the University category (‘Innovation’ sub- category). The award ceremony was held in Bogotá. ESADE’s Rambla of Innovation is a new eco-system for learning, based on five labs with cutting-edge technology to foster First edition of the entrepreneurial initiative. MSc in Business Analytics

The first edition of the MSc in Business Analytics was held in the 2017-2018 Academic Year. The qualification combines technical knowledge and business vision. It links students to some of the biggest recruiters of data scientists, data analysts, and data managers. There were 40 students drawn from 16 nations in the MSc’s first edition. ANNUAL REPORT 37

EQUIS Re-accreditation

EFMD Quality Improvement System (EQUIS) renewed its accreditation of ESADE. EQUIS is an internationally-renowned accreditation of education quality in the management field. Re-evaluation for accreditation purposes is carried out every five years. The latest 5-year review was held on the 8th, 9th, and 10th of May 2018. Among the aspects highlighted at ESADE were admission processes and stand- ESADE was ranked by Eduniversal as one of ards, and consistency in the design of the the three best business schools in Europe School’s programmes. ESADE was acknowledged as one of the three best European business schools Consolidated position in the top rankings during Eduniversal’s 10th world conference. Eduniversal is an agency that ranks universities ESADE has kept up its excellent performance around the world. The conference was held at in the rankings during the 2017-2018 Academic The American University in Dubai in November Year. The School has stayed among the front- 2017. The ranking was based on questionnaires runners in the top international rankings. sent to over 700 rectors around the world. Here, one should note that the Financial Times Eduniversal rated ESADE among the world’s ranked ESADE’s Full-Time MBA as the best in top 100 academic institutions in terms of Spain. It also considered the qualification as international reputation. the best in Europe for women professionals in its new ranking: Top 50 MBAs for Women. The latter ranking draws on gender balance data culled from the FT’s Global MBA ranking. 38 ACADEMIC UNITS

KEY FIGURES

3,187 students

92 nationalities

Bachelor of Business Administration – BBA MBA Summer Programme

1,653 students 376 participants 232 students

1,320 in the Bachelor in Business 58 nationalities Administration – BBA Other Programmes Participants in international (BI Norwegian, MIP, 333 in the Double Degree exchanges: CEMS and KIC InnoEnergy) in Business Administration and • 79 outgoing participants Law* • 70 incoming participants 271 students

46 nationalities Doctoral Programme Participants in international exchanges: 41 students • 295 outgoing students • 284 incoming students 12 in the Master of Research in Management Sciences

MSc programmes in 29 in the PhD in Management Management Sciences

614 students 18 nationalities

58 nationalities

Participants in international exchanges: • 105 outgoing students • 90 incoming CEMS students

* 333 students from the Double Degree in Business Administration and Law are split into two training areas in this Report (Law School and Business School). GRI 102-6 ANNUAL REPORT 39 40 ACADEMIC UNITS

LAW SCHOOL

KEY EVENTS IN THE 2017-2018 ACADEMIC YEAR

Three new qualifications for experts

Three ‘expert’ qualifications were launched in Agreement with Thomson-Reuters the 2017-2018 Academic Year: Law 4.0; Health and Law; Sports Law. The purpose of these new ESADE Law School has forged an alliance with qualifications is to enable Law Graduates to Thomson-Reuters to boost digitalisation in the specialise in these three fields (which currently student training field. The alliance facilitates pose considerable legal problems). The new student access to Aranzadi Fusión Academic specialisations are yet further proof of ESADE (the first digital legal eco-system). A new Law School’s commitment to meeting real- feature is its Digital Library, which includes world needs and to innovation. incorporations from course manuals drawn up by ESADE Law School faculty and that are adapted to programme needs. These digital Consolidation of the agreement with the manuals: foster the adoption of ‘Student Inter-American Development Bank (IDB) First’ methodologies in courses; help students become more independent and contribute to Students taking the Bachelor’s degree in deepening learning and participation by faculty Global Governance obtain a certificate as and students alike. associate managers of development projects. This is made possible by an agreement signed with the Inter-American Development Bank (IDB). The agreement is a pioneering one in Europe and makes ESADE the only European Law School to feature training in International Development by the leading body in this field, namely the IDB. ANNUAL REPORT 41

Master in Corporate Compliance and Economic Criminal Law (specialisation) ESADE Grant – Fundación Ramón Areces A new specialisation — that of Master in Corporate Compliance and Economic A second call was made for applications for the Criminal Law — was launched in the 2017-2018 ESADE – Fundación Ramón Areces research Academic Year as part of the University Master grant, whose purpose is to further progress, in Law (MUA) programme. The sessions in the research, and education in the Law field. In this specialisation feature top speakers from the case, the grant-winner was Berta Esteve Beltran, legal and business worlds. Here, one should a doctoral student in Economic and Business Law highlight the participation of Sancho Gargallo at the ESADE Law School. The grant covers both and Antonio del Moral, Supreme Court judges, tuition fees for the three years of the Full-Time compliance officers from leading multinational PhD programme and a monthly salary. companies, and compliance specialists from top law firms. International expansion

Summer Law School ESADE Law School continues to expand its network of partnering universities. Expansion No fewer than 60 students attended the pre- focused on Asia during the 2017-2018 Academic university programme Global Governance, Year. New agreements were signed with the Law & Skills in the 2018 Summer School. University of New South Wales (Australia), There was a marked rise in both numbers Fudan University Law School (China), and and international students. Participants were National Taiwan University (Taiwan). Academic drawn from Belgium, Brazil, Canada, Costa collaboration agreements were also signed with Rica, France, Jordan, Morocco, Mexico, leading institutions, where ESADE students Poland, Salvador, Sweden, Switzerland, can take part of their compulsory syllabus. Turkey and the United States. Agreements were reached with: the Fletcher School of Law & Diplomacy (Boston, The United States); SciencesPo – Institut d’Études Politiques de Paris (Paris, France) and the Center for Transnational Legal Studies. 42 ACADEMIC UNITS

KEY FIGURES

1,308 students

32 nationalities

Law Degree University Master Degree Doctoral Programme in Law (MUA)** 478 students 9 students 204 students 145 in the Degree in Law 2 nationalities 8 nationalities 333 in the Double Degree in Business Administration and Participants in international Continuous Training Law* exchanges: • 19 outgoing students 121 students 13 nationalities • 15 incoming students

Degree participants in Summer Programme international exchanges: Master and post-graduate • 77 outgoing students programmes in Law 60 students • 63 incoming students 136 participants Lawyering Programme Bachelor in Global Governance 20 nationalities (ICADE, Madrid)

277 students 23 students

10 nationalities

* The 333 students taking the Double Degree in Business Administration and Law are split into two training areas in this Report (Law School and Business School).

** Law Graduates cannot join the Bar Association before they have taken this Master’s programme and pass the Official Examination

providing access to the profession. GRI 102-6 ANNUAL REPORT 43 44 ACADEMIC UNITS

EXECUTIVE EDUCATION

KEY EVENTS IN THE 2017-2018 ACADEMIC YEAR

Consolidation of Custom Programmes New Executive MBA slogan ESADE Executive Education’s Custom Programmes were beefed up during the 2017- The ESADE’s Executive MBA new slogan is 2018 Academic Year. They were broadened “Get more. Get the best of you”. The claim is to embrace programmes focusing on based on the key features of the programme: digitalisation, internationalisation, and staff participation in an innovative eco-system; management. One should also note that new international experience and methodological companies joining ESADE’s client portfolio diversity. Furthermore, the monthly programme included Massimo Dutti, Meliá, and SEAT. is wholly given in English and no less than 40 % of those taking part are women. The ‘Electives Abroad’ programme already covers 10 partnering schools. ANNUAL REPORT 45

Broadening of the Executive Masters portfolio

The 2017-18 Academic Year was a key one in Sixth edition of the Promociona Project the Executive Masters field. The new Executive Master in Business Analytics was launched on the For the sixth year in a row, ESADE was selected Barcelona campus and the Executive Master in as the Promociona Project Business School for Operations was launched on the Madrid campus. imparting the Executive Programme for Women In addition, hybrid Executive Masters ‘IN/ON’ in Senior Management. The sixth edition of the programmes (that is to say, with presence-based Programme was taken by over 140 managers. and online components) were drawn up and are The purpose of the Promociona initiative planned for launch in 2019. is to boost the share for women in senior management posts and on company boards.

Consolidation of the Open Enrolment Programmes

The 2017-18 Academic Year saw the consolidation of the Open Enrolment Programme, which now features a stable portfolio of offerings. The first online programmes have been launched, providing synergies with Executive Masters. In addition, the 5-day long ‘Journey to Business Transformation’ programme has been launched in collaboration with Singularity University (Silicon Valley, California, USA). The programme — which is imparted at Mountain View, CA — analyses the process of disruptive change and transformation in companies. 46 ACADEMIC UNITS

KEY FIGURES

4,830 participants

76 nationalities

Executive Education Degrees Open Courses Custom Courses

1,590 participants 852 participants 2,388 participants

Executive Masters: 341 45 nationalities 58 nationalities EMBA: 358 Corporate programmes: 247 International: 206 EMPA: 25 Other programmes: 413

60 nationalities GRI 102-6 ANNUAL REPORT 47 Faculty

The Education Innovation Centre has become key to Faculty development

New recruits highlight the Centre’s international profile and links with the business world ANNUAL REPORT 49

Faculty development during the 2017-2018 Academic Year focused on:

• Providing integrated training to ensure professionally competent, socially responsible staff. • Creating knowledge to improve companies and society at large. • Contributing to social debate fostering free, prosperous, fair societies.

Here, the main measures taken were:

1. The recruitment of faculty with an international profile, an interdisciplinary approach to knowledge creation, and strong links with the professional world.

2. The development of teaching and management skills, values, and commitment to the community. 50 FACULTY

DEVELOPMENT STEPS

Various measures for fostering teaching and management skills, values and commitment to the community have been built upon since the 2014-15 Academic Year.

The Education Innovation Centre was set up in 2014. During the 2017-2018 Academic Year, the Centre established a broad range of training measures for fostering various teaching skills: Syllabus design; Communication; incorporating IT in teaching; enshrining values and ethical aspects in traditional subjects such as Finance, Marketing, Operations. The following figure illustrates some of the courses offered:

In addition to developing teaching skills, a set of measures for developing management and relational skills was also drawn up for faculty in management posts. These measures included workshops for fostering va-

lues and commitment to the ESADE community. / GRI 412-2 / GRI 103-3 GRI 103-2 ANNUAL REPORT 51 52 FACULTY

NEW STAFF

As in recent years, academic departments have been given a shot in the arm in the form of more international scholars. This will help underpin ESADE’s global positioning. The new faculty members have strong links with the professional world and adopt an interdisciplinary focus in their research. This new blood will help supply the knowledge needed to meet major societal challenges in general and corporate challenges in particular. ESADE’s six new recruits in the 2017-2018 Academic Year were:

George Chondrakis Associate Professor, Department of General Management and Strategy

George Chondrakis holds a PhD (2013) from Said Business School, Ox- ford University (UK).

His research interests are: technology strategy; mergers and acquisi- tions, and intellectual property. Chondrakis’ work has been published in Organization Science and in Research Policy.

He is also an international researcher at the Centre, and in the field of professional service companies at the Said Business School. Before joining ESADE, he was an Associate Lecturer at Universitat Pompeu Fabra (UPF) and a post-doctoral researcher at Oxford University.

Outside the academic sphere, he is advisor to two start-ups based in Barcelona (a company, and a non-profit entity). GRI 103-2 / GRI 103-3 / GRI 401-1 / GRI 103-3 GRI 103-2 ANNUAL REPORT 53

Tobias Hahn Professor, Department of Social Sciences

Tobias Hahn holds a PhD in Economics and Social Sciences (2005) from Leuphana Universität Lüneburg (Germany).

His fields of expertise are corporate sustainability and Corporate So- cial Responsibility (CSR). Hahn’s main research fields are: the tensions between corporate sustainability and CSR and the paradoxes arising from them; the evaluation of sustainability performance; corporate sustainability strategies and the behaviour of stakeholders.

Hahn’s work has been published in journals such as: Academy of Man- agement Review; Organization Studies; Ecological Economics; Inter- national Journal of Production Economics; Journal of Business Ethics; Business & Society and Organization & Environment; Business Strategy and the Environment.

He is Senior Editor of Organization & Environment and a Committee Member of Academy of Management Review, Journal of Business Eth- ics, Business & Society and Business Strategy and the Environment. Hahn is currently also President of the Group for Research on Organi- sations and the Natural Environment (GRONEN).

Miquel Noguer Senior Associate Professor, Department of Economics, Finance, and Accounting

Miquel Noguer holds a PhD in Applied Financial Mathematics (2010) from UNED.

His research interests include asset allocation, Big Data, automatic learning including algorithm-based trading and FinTech. His academic collaboration features various spells as Visiting Professor at Columbia University’s Economics and Finance Department in 2013, at the De- partment of Mathematics at Albert-Ludwigs-Universität Freiburg in 2010. He has made presentations at Indiana University, at ESADE, and at CAIA, as well as at various sectoral seminars such as Quant Summit USA in 2017 and in 2010.

He is an expert in financial markets, with over 20 years of experience of asset management under his belt. He joins ESADE as a part-time lecturer. He is also Executive Director of UBS AG (Switzerland) and a member of the European Investments Committee. Between 2000 and 2006, he was Investment Director and CIO at Andbank. He began his career at KPMG. GRI 103-2 / GRI 103-3 / GRI 401-1 / GRI 103-3 GRI 103-2 54 FACULTY

Jordi Quoidbach Full Professor, Department of Personnel and Organisational Management

Jordi Quoidbach holds a PhD in Psychology (2010) from Université de Liège (L’ULiège) (Belgium).

His research studies the temporal determinants of choice and happiness. Specifically, he is interested in understanding how recall of past experiences and anticipation of future ones determines the decisions people take, the emotions they feel, and their happiness with their present lot. His work highlights innovative perspectives for boosting happiness and helping people make better decisions in both their professional and personal lives. His research work has been published in journals such as Science, Proceedings of the National Academy of Sciences, Psychological Bulletin, and Psychological Science. He frequently appears on the media, including CNN, the BBC, and The New York Times.

He is the author of various best-selling books on emotions and happiness, and is the presenter of J'ai décidé d'être heureux, a TV coaching series broadcast by the French TV network, M6.

Before joining ESADE, he was Associate Professor at Universitat Pom- peu Fabra (UPF).

Giulia Redigolo Assistant Lecturer, Department of Economics, Finance, and Accounting

Giulia Redigolo holds a PhD in Business Management (2015) from the Graduate School in Economics and Management at the universities of Padua and Venice (Italy).

Her research focuses on the publication of business information, esti- mation of profits, social networks, and capital markets. Giulia is currently examining the mechanisms determining the voluntary release of business information and its consequences for users of accounting information and for financial analysts. Redigolo also studies how the dissemination of information through social networks (for example, Twitter) affects price formation in capital markets. She is an ad hoc reviewer at the annual meeting of the American Accounting Associa- tion, the Spanish Journal of Finance and Accounting, Managerial Audit- ing Journal, and the Journal of Management & Governance.

Before joining ESADE, she was a post-doctoral researcher at Univer- sità degli Studi di Padova (Italy) and visiting post-doctoral student at Goizueta Business School and at Emory University (The United States). GRI 103-2 / GRI 103-3 / GRI 401-1 / GRI 103-3 GRI 103-2 ANNUAL REPORT 55

Uri Simonsohn Lecturer, Department of Operations, Innovation, and Data Sciences, and Department of Marketing Management

Uri Simonsohn holds a PhD (2003) from the Department of Social Sciences and Decision Sciences at Carnegie Mellon University (The United States).

His two main lines of research focus on how people think, make judgments and decisions, and how researchers do likewise (methodology). He has published in journals in the Economics, Psychology, and Business fields. He is co-creator of the pre-registered web site AsPredicted. org and co-directs the DataColada.org blog. He is Reviewing Editor of Science, an Associate Editor of Management Science, a member of the Editorial Committee of Journal of Marketing Research and of Advances in Methods and Practices in Psychological Science.

Simonsohn was professor at Wharton School (University of Pennsylvania, USA) for 15 years and also held a post at the University of California-San Diego. He joined ESADE in December 2017. GRI 103-2 / GRI 103-3 / GRI 401-1 / GRI 103-3 GRI 103-2 56 FACULTY

VISITING FACULTY

• Aguilera Vaqués, Ruth • Matsuno, Kenichi General Management and Strategy Marketing Management

• Bonache Pérez, Jaime Alfonso • McGonigle, James J. Personnel and Organisational Management General Management and Strategy

• Boonstra, Jaap • Morales Prats, Fermín Personnel and Organisational Management Law

• Calvet Mulleras, Agustín L. • Morral Hospital, Enrique Economics, Finance, and Accounting Law

• Echebarria Ariznabarreta, Koldo • Morse, Kenneth Paul General Management and Strategy Marketing Management

• Emmerling, Robert • Quintano, Michele Personnel and Organisational Management Marketing Management

• Esteve Laporta, Marc • Raich, Mario General Management and Strategy Personnel and Organisational Management

• Ferràs Hernández, Xavier • Sagarra Trias, Eduard Operations, Innovation, and Data Sciences Law

• Guardiola Sacarrera, Enric • Vanhaverbeke, Wim Law Operations, Innovation, and Data Sciences

• Ind, Nicholas Jonathan Marketing Management

• Jensen, Hans Sigaard General Management and Strategy

• Kasanen, Eero Economics, Finance, and Accountancy

• Loranth, Gyongyi Economics, Finance, and Accountancy

• Majchrzak, Ann Operations, Innovation, and Data Sciences

• Martí Lanuza, Ignasi Social Sciences

• Martínez Rodríguez, M. Dolores

Personnel and Organisational Management / GRI 401-1 / GRI 103-3 GRI 103-2 ANNUAL REPORT 57

LIST OF ACADEMIC DEPARTMENTS AND THEIR DIRECTORS

• Social Sciences Director: Daniel Arenas

• Economics, Finance, and Accountancy Director: María del Mar Vila

• Marketing Management Director: Marco Bertini

• Operations, Innovation, and Data Sciences Director: Núria Agell

• Personnel and Organisational Management Director: Joan Manel Batista

• General Management and Strategy Director: Pedro Parada

• Law Director: Sergio Llebaría Research

118 articles 136 Faculty members in peer-reviewed publishing academic journals research

€4,2 million allocated for research ANNUAL REPORT 59

Research increases the prestige of ESADE and enables sharing first-level knowledge in the classroom. It also impacts on the management of organisations (companies, public institutions, and non-profit organisations) and enhances social well-being.

Research at ESADE has come a long way in recent years – it has experienced a steady growth both in terms of quantity and quality. Every year, our Knowledge Generation Units produce more than 100 academic publications in peer-reviewed journals and the number of publications in top-ranking journals has increased substantially.

Research is a crucial asset that contributes to enhancing ESADE’s international reputation and prestige. Today, many of our Faculty members hold strategic roles in editorial boards of leading international journals and their research work has been awarded and recognized by international institutions. 60 RESEARCH

ESADE RESEARCH FIGURES 2017-18

GROWTH IN JOURNAL PUBLICATIONS

Articles in peer-reviewed journals 118 110 109 100 96 91 86 82

71 67 68 63 64

20 18 13 14 14 9 6

2011-2012 2012-2013 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018

Articles in peer- reviewed journals IF Journals FT Journals

Impact factor publications by quality quartiles

48 49

30 29

20 17 17 15 15 13 13 10 10 10 9 9 7 7 6 6 6 5 4 4 2

2011-2012 2012-2013 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018

* Quartiles are indicators that assess the relative importance Q1 Q2 Q3 Q4 of a journal compared to other journals in its field, from lowest (Q4) to highest (Q1) impact factors. ANNUAL REPORT 61

OTHER ACADEMIC PUBLICATIONS FACULTY DEDICATED 2017-2018: TO RESEARCH

• Books: • International: 1 book During the 2017-18 Academic Year, • National: 9 books no fewer than 136 faculty members TOTAL: 10 books contributed to advancing academic 136 research in their respective disciplines. • Book chapters: • International: 15 • National: 11 TOTAL: 26 book chapters

• Papers accepted in academic conferences: 47 • Cases: 8 • ESADE publications: 11 • Doctoral theses: 7

RESEARCH BUDGET 2017-2018

Total research funding External funding sources €4,232,059

Internal funding: €1,173,229 (28 %) Public: €1,519,354 (51 %) External funding: €3,058,830 (72 %) Private: €1,462,892 (49 %) 62 RESEARCH

ACCREDITATIONS AND MERITS IN RESEARCH EVALUATION

FACULTY ACCREDITATIONS

The quality of Faculty research and teaching careers is assessed by Spain’s external accreditation bodies ANECA (National Agency for Quality Assessment and Accreditation) and AQU (Catalan University Quality Assurance Agency).

These types of accreditations are required for promotion within the academic university system.

Number of ESADE faculty holding accreditations from ANECA and AQU:

Accreditation level 2016-2017 2017-2018

Advanced Research 11 11

Research 13 35

Teaching & Research 79 60 Evaluation

RESEARCH MERITS

Faculty professors in private universities in Catalonia can be evaluated by AQU for their research merits. These achievements are evaluated in stretches of six years of research activity, which may or may not be consecutive.

2016-2017 2017-2018 Faculty with 6-year periods of 34 43 research activity

5 six-year research periods 1 1

4 six-year research periods 1 0

3 six-year research periods 3 3

2 six-year research periods 7 10

1 six-year research periods 22 29 ANNUAL REPORT 63

PHD PROGRAMS IN MANAGEMENT SCIENCES & LAW

Every year, professionals from around the world join the three FACTS & FIGURES ESADE research programs — MRes in Management Sciences, PhD in Management Sciences and the PhD in Law.

The research-oriented programs give participants a deep knowledge 29 Nationalities of management methodologies for basic and applied research, paving the way for successful careers. ESADE alumni graduating from the URL Extraordinary PhD Program work in top universities and research institutions around PhD Award: the world. 1 Georges Samara PHD PLACEMENT 2017 - 2018 Extraordinary PhD mention EDAMBA: • Luis Araya Castillo Stefan Markovic Director, Escuela de Administración y Negocios, Universidad 1 Miguel de Cervantes, Chile

• Albert Armisen Assistant Professor, University of Vic, Vic, Spain

• Javier Capapé Director & Adjunct Professor, Sovereign Wealth Funds, IE Business School, Madrid, Spain

• Ryan Federo Lecturer, Geneva Business School, Geneva, Switzerland

• Mohammad Ghaderi Marketing Professor, Pompeu Fabra University, Barcelona, Spain

• Solange Hai Program Manager, CARE Nederland, The Hague, Netherlands

• Melissa Lee Assistant Professor, Louisiana State University, Louisiana, USA

• Benard Ngoye Faculty member, Institute of Healthcare Management, Strathmore Business School, Kenya

• Susanna Salvador Coordinator, Teaching Development Program, Center for Educational Innovation, ESADE, Sant Cugat, Spain 64 RESEARCH

AWARDS & RECOGNITIONS

Research Awards

Ariadna Dumitrescu Soledad Moya Distinguished Instructor 2018 Harvard Global Case Competition “Merton H. Miller” Doctorate Seminar Harvard Business School Certificate of Appreciation Cambridge, USA European Financial Management Association April 2018 Norfolk, UK September 2017 Jordi Quoidbach 2018 Best 40 Under 40 Professors Daniela Noethen Poets & Quants Best Reviewer Award Oakland, USA International Management Division April 2018 The Academy of Management New York, USA Tamyko Ysa September 2017 Awards for Excellence 2017 - Outstanding Papers Emerald Publishing Daniela Noethen, Anne Burmeister Bingley, UK & Jaime Bonache April 2018 Finalistas IM Division Best Paper in Organizational Tobias Hahn Behavior / Human Resource Management / Primer premio Organization Theory Prix académique de la Recherche en The Academy of Management Management New York, USA Paris, France September 2017 May 2018

Daniel Arenas y Georges Samara 2017 Best Article Award Business Horizons Bloomington, USA March 2018

ANNUAL REPORT 65

ESADE FACULTY IN EDITORIAL/REVIEW BOARDS OF IMPACT FACTOR JOURNALS

Núria Agell Skander Esseghaier Perspectives on Psychological Science Information Fusion Customer Needs and Solutions Science Recherche et Applications en Ruth Aguilera Marketing Jordi Trullén Academy of Management Business Research Quarterly Perspectives Marc Esteve Corporate Governance: International Public Management Ana Valenzuela An International Review Journal Journal International Marketing Review of International Business Studies Journal of Behavioral Public Journal of International Global Strategy Journal Administration Marketing Organization Science Local Government Studies Journal of Consumer Behavior Organization Studies Journal of Consumer Psychology Strategic Management Journal Cristina Giménez International Journal of Operations Wim Vanhaverbeke Daniel Arenas and Production Management Journal of Engineering and Business Ethics: A European Review Technology Management Alberto Gimeno Journal of Knowledge Joan M. Batista Foguet Journal of Family Business Strategy Management Frontiers in Psychology Tobias Hahn Ivanka Visnjic Josep Bisbe Journal of Business Ethics International Journal of Business Accounting and Business Environment Research Oriol Iglesias Journal of Management Control Journal of Brand Management Jonathan Wareham Information and Organization Elena Bou Josep M. Lozano Journal of Information Management Learning European Management Review Technology Ethical Perspectives Journal of Strategic Information Jan Brinckmann Systems Entrepreneurship Theory and Ignasi Martí Journal of the Association for Practice Organization Studies Information Systems Journal of Business Venturing MIS Quarterly Marcel Planellas Henry Chesbrough Revista Latinoamericana de Frank Wiengarten California Management Review Administración International Journal of MIT Sloan Management Review Operations and Production Research Policy Petya Platikanova Management Financial Analysts Journal Journal of Supply Chain Bart De Langhe Management International Journal of Joan Rodón Journal of Operations Research in Marketing Business and Information Management Journal of Consumer Research Systems Engineering Tamyko Ysa Teresa Duplá Uri Simonsohn Public Management Review International Roman Law Advances in Methods and Journal Practices in Psychological Science Management Science Projection and social debate

Cristina Gallach ESADE held taught the first lesson classes at the of the 2017-2018 course Mobile World Congress

Honorary degree awarded to Dr Richard Boyatzis ANNUAL REPORT 67

One of the fundamental principles of ESADE is to contribute to the social discussion regarding the construction of free, prosperous, and fair societies. ESADE is a space for open and plural dialogue, where the key challenges of the present and future are debated.

ESADE is a centre for social discussion. The economy and society are experiencing moments of transformation, and therefore, the 2017 -2018 course has been especially intense for conferences and workshops.

Our campuses in Barcelona, Sant Cugat, and Madrid and the international chapters of ESADE Alumni hosted numerous events for exchanging knowledge and discussing key topics. Important academic events, such as the awarding of honorary degrees, have been part of this course and reflect the values we cherish. 68 PROJECTION AND SOCIAL DEBATE

INSTITUTIONAL ACTS

AWARD OF AN HONORARY DEGREE TO RICHARD BOYATZIS 10TH NOVEMBER 2017 OPENING THE ACADEMIC YEAR ESADEFORUM 9TH OCTOBER 2017 ESADEDFORUM Richard Boyatzis was awarded an honorary degree by the Universidad Ramon Llull (URL) On 9th October, Cristina Gallach, EU High following a proposal by ESADE. This was the Commissioner for Agenda 2030 and former UN most important academic event of the 2017-2018 deputy general secretary for communication academic year. and public information, gave the inaugural lesson for 2017-2018: entitled ‘Young people Richard Boyatzis is professor of the departments – the participants and drivers of the 2030 of Organizational Behaviour, Psychology, and Agenda’. Gallach discussed the 17 UN goals for Cognitive Science and holder of the HR Horvitz sustainable development that have replaced the Chair of Family Business at Case Western millennium development goals. Reserve University. His acceptance speech described his passion for research focused on people and oriented to solving social challenges.

Richard Boyatzis was presented at the event by Manel Batista, a lecturer at the ESADE Department of People Management and Organisation. Also attending were Anna Berga, General Secretary of the URL; Eugenia Bieto, ESADE Director General; and Josep Maria Garrell, Rector of the URL. ANNUAL REPORT 69

FUTURE OF SPAIN SEMINAR 16TH AND 17TH NOVEMBER 2017 ESADECREAPOLIS SCHOLARSHIP AWARDS 2ND AND 20TH NOVEMBER Organised jointly by Aspen Institute Spain and ESADEFORUM ESADE, the seminar reflected on the political and economic dimensions of our country and ESADE's commitment to talent, diversity, and encouraged the exchange of ideas and ini- equal opportunities was visible in the awards tiatives to imagine a better future and help ceremony. On this occasion, 250 scholarships create diverse networks of people committed were awarded to students who would not to the common good. otherwise be able to study at ESADE. Two ceremonies were organised for the 2017-2018 The debate was structured around two work- academic year: one for the degree programmes ing groups, each with a moderator who helped and the University Masters in Legal Practice, frame and facilitate discussion. During the and another for science (MSc) and business dinner, the seminar was addressed by Martin masters (MBA). Wolf, chief economics commentator at the Financial Times, who gave a presentation entitled: ‘The Future of Europe in a World in Upheaval’. 70 PROJECTION AND SOCIAL DEBATE

INAUGURATION OF THE RAMBLA OF INNOVATION 19TH APRIL 2018 SANT CUGAT CAMPUS

In a festive atmosphere, ESADE inaugurated Point), testing of its viability (Decision Lab), the Rambla of Innovation with the presence of the manufacture of prototypes (Fab Lab), the the Mayor of Sant Cugat del Vallès (Barcelona), definition of a business model (EGarage), until Mercè Conesa, and several members of ESADE’s the creation and implementation of a company executive management. (EWorks). It is a circular ecosystem that enables students and companies to learn and innovate. The Rambla of Innovation is a new learning ecosystem, consisting of five laboratories: Fusion Point, Decision Lab, Fab Lab, EGarage, and EWorks. Education merges with innovation and experimentation in the five laboratories – from the conception of a new idea (Fusion ANNUAL REPORT 71

GRADUATIONS

A total of 1,374 students graduated during ESADE TRUSTEE ASSEMBLY the 2017-2018 academic year. Graduation 28TH MAY 2018 ceremonies constitute an important moment ESADECREAPOLIS for lecturers, students, and their families. For this reason, some ceremonies are held A group of entrepreneurs committed to ES- in emblematic places in Barcelona, such as ADE met at the Barcelona-Sant Cugat cam- the l'Auditori or the CCIB. This year, MBA pus for the ESADE Foundation Assembly of students graduated for the first time in the Trustees. During the coffee break, Carlos National Museum of Art of Catalonia (MNAC); Domingo, co-founder and managing part- with the presence as ‘class sponsor’ of Suzan ner of SPiCE Venture Capital spoke on: ‘The Rivetti, company group chairman of Johnson value internet: the next wave of disruption & Johnson Consumer. and innovation led by cryptoeconomics and blockchain’. 72 PROJECTION AND SOCIAL DEBATE

CONFERENCES, FORUMS, AND WORKSHOPS

BIGCHALLENGES

SOCIAL DEBATE SERIES

‘BIG CHALLENGES’ CAMPUS ESADE MADRID / ESADEFORUM / ESADECREAPOLIS AUDITORIUM

Big Challenges is a social discussion initiative at Syracuse University. Javier Solana, president led by ESADE in the 2015-2016 academic year, in of ESADEgeo, hosted the event. collaboration with ESADE Alumni. Big Challenges activities aim to broaden public understanding Finally, on 25th May, Big Challenges hosted a of major global trends, create social awareness roundtable discussion on the future of the planet about the challenges, and encourage people entitled: ‘Earth in the Human Era: Are we in to ask the questions necessary to adequately time to save the planet?’ Participants included: understand the complexity of our world. Manuel Arias Maldonado, lecturer in Political Science at the Universidad de Málaga and Rafael During the 2017-2018 academic year, three Sardá, senior scientist at the CSIC and academic events were organised within the framework collaborator with the Department of Operations, of Big Challenges. In September, Enrico Letta, Innovation, and Data Sciences at ESADE. former prime minister of Italy, discussed the future of Europe in the light of recent events such as the victory of Donald Trump or Brexit.

In March, Big Challenges reflected on the new global role of the United States after the election of Trump with a discussion led by James B. Steinberg, former deputy secretary of state with Hillary Clinton, and currently professor of social sciences, international relations, and law

ANNUAL REPORT 73

GLOBAL ANNUAL ENERGY MEETING ‘THE COMING ENERGY MARKET’ 31ST OCTOBER 2017

ESADEgeo and the European Commission in ESADE - RTVE MEDIA SUMMIT Spain, with the collaboration of KIC InnoEner- 5TH OCTOBER 2017 gy and BCG, celebrated the sixth Global Annual ESADE MADRID Energy Meeting – 'The Coming Energy Market'. The event was held at the Espacio Bertelsmann ESADE-RTVE Media Summit brought togeth- in Madrid and brought together business leader experts and executives from the global ers and policy makers in the sector to discuss communications sector to discuss the op- energy policy in a changing world and how portunities, strategies, and tools for leading energy technologies, the geopolitical environ- the digitalisation of organisations. The event ment, and regulation will affect business, the was opened by the former secretary of state environment, and society in the medium term. for the Information Society and the Digital The conference was attended by Javier Solana, Agenda, José Mª Lassalle. Other participants president of the ESADEgeo Center for Global included: Enrique Alejo, corporate CEO at Economy and Geopolitics; Juergen Foecking, RTVE; Enrique Verdeguer, ESADE Madrid di- deputy head of representation at the European rector; Paul Lee, partner and head of research Commission in Spain, and Dominique Ristori, in Technology, Media, and Telecommunica- director-general of the Directorate-General for tions at Deloitte; Giuseppe Abbamonte, di- Energy. Speakers included: Li Shan, CEO of Silk rector of the Directorate of Media and Data of Road Finance Corporation; Samantha Gross, DG CONNECT at the European Commission; member of Initiative on Energy and Climate at Jon Galinsky , head of Newsroom Strategy Brookings; Iván Martén, senior partner, manag- at The New York Times; Rainer A. Kellerhals, ing director, and vice-president of Energy Prac- head of Media & Cable Industry for Europe, tice at BCG; and Jaime Martín Juez, director of Africa, and the Middle East at Microsoft; and Sustainability and Technology at Repsol. Ignacio Gómez, director of Analysis and New Projects at RTVE. 74 PROJECTION AND SOCIAL DEBATE

DIVERSITY SERIES 7TH MARCH 2018 ESADE RESEARCH DAY ESADE MADRID 5TH APRIL 2018 ESADEFORUM The first session, entitled ‘Diversity in Boards and Steering Committees’, brought together Research Day 2018 emphasised ESADE’s support leading experts to discuss how gender diversity for decision-making and experimental research in governing bodies can permeate the rest of the – both areas of considerable current interest labour market and guarantee competitiveness after Richard Thaler won the Nobel Prize in in production systems. Participants included Economics for his advances in the field of María Luisa Jordá, independent director at behavioural economics. Michael Norton (Harvard Bimbo, Orange Spain, and Merlin Properties; Business School) and Jeffrey Rachlinski (Cornell Abel Linares, director at Adveo and Catenon; Law School) accompanied ESADE experts in Marieta Jiménez, general manager at Merck explaining the latest discoveries and advances. Spain; Mario Lara, director of the ESADE-PwC The ESADE PhD graduation ceremony took place Directors Programme; and Stella Mally, partner at the end of the event. at Women's Economy Europe. 11TH ANNUAL CONFERENCE OF THE SOCIAL INNOVATION INSTITUTE 17TH APRIL 2018 ESADEFORUM

‘The sustainable development goals (SDGs) are brave because they set goals’, explained Ignasi Carreras, director of the ESADE Social Innovation Institute, as he opened institute’s 11th Annual Conference. Representatives from various company sectors, NGOs, the public sector, and social entrepreneurs had the opportunity to reflect on and discuss their contribution to the SDGs through partnerships, and other innovative and effective actions and tools. ANNUAL REPORT 75

MOMENTS OF LEADERSHIP ESADE CAMPUS IN MADRID AND BARCELONA 'ENERGY TRANSITIONS: MOVING BEYOND SCENARIOS' The Moments of Leadership series, supported 7TH MAY 2018 by the Leadership and Democratic Governance ESADE MADRID Chair and sponsored by Everis, is aimed at corporate and institutional leaders. Sessions The sustainability of the global energy system feature exceptional guests who narrate was the theme of the Energy Transitions: leadership situations they have experienced. Moving Beyond Scenarios conference organised by ESADE – and which saw the This programme encourages individual participation of Javier Solana, president of and shared reflection on leadership and its ESADEgeo; Daniel Navia, secretary of State problems, enhanced by the bond of trust among for Energy at the Ministry of Energy, Tourism, participants. Over the years, these ties have and Digital Agenda; Josu Jon Imaz, CEO of come to create a learning community that helps Repsol; and David Victor, professor at the respond to the adaptive and transformational School of Global Policy & Strategy (GPS) challenges facing today's organisations. at UC San Diego. This session analysed the political initiatives that Spain and the EU have During the 2017-2018 academic year, two launched to favour a more sustainable model Moments of Leadership were held, the first that prevents climate change. featuring Ugo Valenti and Constantí Serrallonga, directors of Fira de Barcelona; and the second featuring Joan Manuel del Castillo, director of the San Juan de Déu Hospital.

76 PROJECTION AND SOCIAL DEBATE

ELEVENTH SERIES OF FAMILY BUSINESS CONFERENCES ESADE - DELOITTE ESADE MADRID

ESADE and Deloitte organised the eleventh series of conferences on family business, in which the main challenges facing this sector, such as innovation, digitalisation, and internationalisation, were discussed. Participants included Jordi Gallés, president of Europastry SA; Adriana Domínguez, general director of Adolfo Domínguez; Jorge INSTITUTE FOR DATA-DRIVEN DECISIONS Cosmen, chairman of Alsa, and Juan Carlos Amich, 22ND MAY 2018 founder of Amichi. All the sessions were also ESADEFORUM attended by Fernando Ruiz, president of Deloitte, and Pedro Navarro, executive vice-president of the The new ESADE Institute for Data-Driven ESADE Foundation Trustees. Decisions organised its first high-level annual conference. The conference included the presentation of reference papers, as well as ESADE AND FUNDACIÓN SERES CONFERENCES practical workshops and roundtables, and ESADE MADRID was led by internationally renowned academic experts and corporate players, such as: Dan ESADE and the Fundación SERES focused this Goldstein, principal researcher at Microsoft; lecture series on the impact that corporate social Richard Benjamins, data director at the AXA responsibility policies have on organisations Group; Michael Feindt, founder and chief and society in general. Topics included: scientific advisor of Blue Yonder, inventor of corporate volunteering; co-responsibility in the #NeuroBayes at CERN, and professor at the development of supplier policies; attracting Karlsruhe Technological Institute. solidarity talent, and the contribution of this area to business development. Speakers included important experts and directors such as: Grupo Vips, Marsh, CaixaBank, Leroy Merlin, SIRO Group, Danone, IBM, EY, Huawei, Philip Morris Spain, and the PwC Foundation. ANNUAL REPORT 77

‘THE FUTURE OF THE ECONOMIC AND MONETARY UNION’ WORKSHOPS ESADE MADRID

A series of conferences (organised by the Jean Monetary Policy and Euro Area Division at the Monnet Chair - ESADE, la Fundación de Estudios Bank of Spain; Pedro Solbes, former economy Financieros, and Uría Menéndez) highlighted the minister; Daniel Sarmiento, professor of law of the future of EMU – currently immersed in a major European Union at the Universidad Complutense process of reform that will probably produce a de Madrid and lawyer at Uría Menéndez; Carla modification of the founding treaties. Díaz Álvarez de Toledo, deputy general director of economic and financial affairs at the Spanish The three sessions that took place during 2018 Treasury; Alberto de Gregorio Merino, legal included the participation of José M. de Areilza, services director of the Council of the European ESADE professor and holder of the Jean Monnet- Union; and Federico Steinberg, principal ESADE Chair; Fernando Restoy, president of the researcher at the Elcano Royal Institute. Financial Stability Board; José Manuel Campa, Global Head of Regulatory Affairs, Santander Group; María Gracia Rubio, lawyer and associate professor at ESADE; David Vegara, lecturer at the Department of Economics, Finance, and Accounting at ESADE; Eva Valle, director of the Prime Minister’s Economic Office; José Luis Escrivá, president of the Independent Fiscal Responsibility Authority (AIReF); Juan Luis Vega, head of the of 78 PROJECTION AND SOCIAL DEBATE

REPORTS AND STUDIES

Economic and Financial Report ‘Gender Lens Investing: An Opportunity for the European Social Enterprise Ecosystem’ ESADE, with the collaboration of Banco Sabadell, published a new edition of the Economic and Financial Gender Lens Investing: An Opportunity for the European Report, again under the direction of David Vegara, Social Enterprise Ecosystem is a study published by the professor at the ESADE Department of Economics, ESADE Institute for Social Innovation, with the support Finance, and Accounting. These benchmark reports of the Fundación EY, that shows how gender orientation review key data for the world, European, and Spanish in European social enterprises is key to attracting finance economies every six months, with detailed regional and promoting good practices in medium and large and national analyses. The results of the study were companies. This report includes the second edition of presented in events held in Madrid and Barcelona the Women with Impact report that analyses the current for the January and June editions, and included the situation of female social entrepreneurs in Spain, and participation of: Oriol Nel·lo (Universitat Autònoma the fact that they usually have more difficulty obtaining de Barcelona); Alain Cuenca (Universidad de Alcalá); finance for their projects than men entrepreneurs. Natividad Fernández Gómez (Universidad de Cantabria); and the economist Miquel Puig. 'Direct Investment by Spanish Companies Abroad. Effects on Destination and Origin' Chinese Investment Trends in Europe (2017-2018) To better understand the impact of foreign direct ESADE presented, for the fourth consecutive year, investment (FDI) in developing countries and Chinese Investment Trends in Europe (2017-2018), edited economies, COFIDES and ESADE supported a study by Ivana Casaburi, ESADE professor and director of entitled: Direct Investment by Spanish Companies ESADE China Europe Club, with the collaboration of Abroad. Effects on Destination and Origin: Five Case ACCIÓ. The study analyses Chinese investment in Studies in Developing Countries and Economies under Europe over last two years, as well as trends for 2018. It the academic direction of Xavier Mendoza, ESADE also explores macroeconomic and geopolitical factors professor, with the support of the General Council that have affected the flow of investments, the potential of Spanish Economists. This report is one of the first impact of Chinese government restrictions on outward Spanish studies to use sustainable development goals capital flows, and the growth of protectionism in the (SDGs) as a framework to assess the contribution European Union. companies make to development. ANNUAL REPORT 79

'The digital revolution and the great challenges The contribution of Spanish companies to SDGs facing the world: 100 digital social innovation initiatives that are transforming Latin America' ESADE and the Fundación Bancaria ‘la Caixa’ have published (from their SDG Observatory) the first This study, prepared by the ESADE Social Innovation report of the series The Contribution of Spanish Institute, explores convergence between the Companies to SDGs. The SDG Observatory is an social sector, innovation, and information and analysis centre chaired by Jaume Giró, general communication technologies – and the enormous director of the ‘la Caixa’ Fundación Bancaria, in which potential for solving economic inequalities and other the bank and a research team of the ESADE Chair of critical social and environmental challenges facing Leadership and Democratic Governance participate. Latin America. The analysis is developed from the Its mission is to monitor compliance with the SDGs by perspective of sustainable development goals (SDGs) a representative group of Spanish companies. and lists 100 digital social innovation initiatives that are transforming Latin America and are estimated to have impacted a total of 64 million people (equal to 11 % of the regional population). The report, which has been coordinated by ESADE lecturer David Murillo, highlights the impact of these initiatives in achieving compliance with the UN's ambitious sustainable development goals and stresses that initiatives running on a profit-based model generate the greatest impact.

MBA City Monitor 2017

Edited by Ivan Bofarull, director of ESADE's Global Insights & Strategic Initiatives, the MBA City Monitor assesses the ability of cities to attract international MBA students. Boston and London have occupied the top places in this edition. The Barcelona area, with 924 full-time international MBA students, rose two positions in the ranking with respect to the previous edition and is ranked sixth (tied with Toronto). 80 PROJECTION AND SOCIAL DEBATE

ACTIVITIES AND INITIATIVES

#DóndeEstánEllas Gender equality platform ‘Creativity for Business Innovation Challenge’ (C4Bi) – elBullifoundation ESADE joined in 2018 an initiative of the European Parliament to encourage gender equality in public ESADE and elBullifoundation held the third Cre- events. The initiative, in which ESADE is the only ativity for Business Innovation Challenge (C4Bi), a participating business school, includes various student competition that highlights the creative think tanks, institutions, associations, and civil so- process audit (a tool used by chef Ferran Adrià to ciety organisations and encourages women to par- evaluate innovation processes in elBulli restaurant). ticipate in public debates, conferences, and acts of This year the competition was internationalised communication, and give visibility to their contribu- with students from ESADE, Berkeley (University of tion to the progress of the European Union. Since California), Copenhagen Business School, and Aal- joining this platform, the percentage of women at to University in Finland. Participants applied cre- ESADE events has totalled 50.4%. ative auditing to disseminate the possibilities and advantages of HP Latex large format printing technology for interior design and decoration among ‘Challenge-Based Innovation’ – CERN sector professionals.

Five teams of students from ESADE Business School, the Universitat Politècnica de Catalunya ESADE moves its campus to the Mobile World (UPC), and the Istituto Europeo di Design (IED) of Congress - '4 Years From Now' Barcelona participated (for the fourth successive year) in the Challenge-Based Innovation project. ESADE moved part of its campus for three days This is an initiative of @IdeaSquare and the Innova- to '4 Years From Now' (4YFN), the innovation tion Department of the European Organization for platform for entrepreneurship and digital inno- Nuclear Research (CERN), in which multidiscipli- vation at the Mobile World Congress (MWC). nary teams of students, lecturers, and researchers During these days, students from various pro- develop solutions for the future of humanity in the grammes attended conferences on robotics, ar- fields of education, public health, emergency aid, tificial intelligence, and entrepreneurship, and and pollution. classes on marketing for entrepreneurs, visual- isation of business information, digital business, and finance for entrepreneurs. The experience was further enhanced with roundtables on artificial intelligence and the future of education, and business presentations by entrepreneurial ESADE students. Educational robotics were experienced with the robot Pepper assisting lecturers in class. ANNUAL REPORT 81 82 PROJECTION AND SOCIAL DEBATE

COMMUNICATION INITIATIVES

ESADE generates valuable content. Its lecturers and researchers develop knowledge in key areas for the business world, public sector, legal field, and civil society. Content is disseminated through the media, reports, books, websites, social networks, and blogs. ESADE's own activities also make impacts in all these channels.

MEDIA IMPACT COMMUNICATION ACTIVITIES

ESADE has lecturers and experts who carry out We ensure that our communication, brand, and part of their activity in the various research units. work reflect our values; and we support a series This work has produced a large volume of valuable of initiatives aimed disseminating valuable con- content in areas relevant to the business world, tent, generating social debate, and reflection on public sector, the legal field, and civil society. The current issues. dissemination of this content is made through the media worldwide, as well as other resources, which During the 2017-2018 academic year, the second contribute to making the research results public. ESADE Gender Monitor was published. The report analyses gender equality in businesses, and sur- ESADE is committed to disseminating knowledge. veys leading women directors about the barriers This is reflected, especially in the media, where they encountered or face in the development of ESADE has a constant presence as a source of their careers. information. During the 2017-2018 course, more than 9,500 impacts were generated in media We continue to be leaders in the analysis of eco- worldwide, in addition to the content disseminated nomic indicators, with the annual publication of on numerous ESADE blogs and platforms, and the Diana ESADE, a freely available instrument in collaboration with respected media such as that since 2010 has analysed the year-end accu- América Economía, Cinco Días, or Forbes. racy of economic growth and employment predic- tions made by key institutions.

The interest in generating relevant content for social debate continues with the latest edition of the Spanish Market Report, in which ESADE and Info- Jobs analyse employment trends among the main Spanish companies and expectations of job-seekers. ANNUAL REPORT 83

WEB AND SOCIAL NETWORKS SOCIAL NETWORKS

ESADE is an active organisation in digital Social networks are very dynamic platforms from communication. The corporate website received which ESADE communicates with society. These more than 2.5 million unique visitors during 2017- are the channels that enable the most outstanding 2018. Its various online communication channels activities carried out at ESADE to be transferred to disseminate knowledge and information about society. ESADE leads the way in the use of these ESADE activities. tools for approaching a global audience. This is recognised by the more than 240,000 followers, spread across the different channels, who can INSPIRING FUTURES NEWSLETTER learn daily what is happening at ESADE and access valuable content and news – or follow activities The Inspiring Futures corporate newsletter is that take place on campus. one of ESADE's most important communication platforms. It is a monthly online publication aimed Map of ESADE's presence in social networks: at the general public and disseminates the latest ESADE activities. In the course of 2017-2018, 11 Facebook Google + issues were published. Youtube Linkedin

Slideshare Flickr

Periscope Weibo

Twitter

Instagram

84 PROJECTION AND SOCIAL DEBATE

PUBLICATIONS

Once again, ESADE faculty members published a significant number of publications in the form of a book during the 2017-2018 academic year.

Alemany, L.; Andreoli, J. (ed.) (2018): Ferrer Vidal, D. (dir.) (2017): Tratado sobre la Entrepreneurial Finance: The art and science imposición directa. 5ª ed. Vallirana: J. M. Bosch of growing ventures. Cambridge: Cambridge Editor. University Press. Mària Serrano, J. (2017): Hacia el corazón del Boonstra, J. J.; Es, R. Van; Volberda, H.; mundo. Barcelona: Editorial Claret. Vermaak, H.; de Caluwé, L.; Hartog, D. den, et al. (2018): Perspectieven op veranderen. Cano Giner, J. (2017): Informe eAPyme 2017: Alphen aan den Rijn: Vakmedianet. Transformación digital en las pymes y los autónomos españoles. Barcelona: ESADE Waal, A. de; Kor, R.; Gielen, B.; Loo, H. van Business School; Madrid: eAPyme. der; Boonstra, J. J.; Bos, R. ten, et al. (2018): Perspectieven op leiderschap. Alphen aan den Rijn: Vakmedianet.

Duplá Marín, M. (coord.) (2018): Conflict Management: Nuevos modelos y herramientas de gestión eficiente de conflictos en el ámbito de la empresa. Cizur Menor: Thomson Reuters Aranzadi.

Duplá Marín, M.; Panero Oria, P. (coord.) (2018): Fundamentos del derecho sucesorio actual. Barcelona: Marcial Pons.

Adell Martínez, J. (2018): La gestión de la crisis empresarial en las sociedades de capital. Barcelona, Madrid: Wolters Kluwer.

Adell Martínez, J. (2017): Análisis interpretativo de los supuestos de calificación culpable del concurso de acreedores por incumplimientos e incorrecciones contables. Art. 164.2.1º LC. Valencia: Tirant lo Blanch.

Ind, N.; Iglesias, O. (2017): ¡Quiero esta marca! Cómo construir marcas deseables. Barcelona: Libros de Cabecera. ANNUAL REPORT 85 Global vocation

Students from 104 different countries on our campuses

185 exchange programme agreements with business and law schools around the world ANNUAL REPORT 87

ESADE is a global institution by nature, seeking to internationalise its activities both in terms of teaching and research as well as its promotion of social debate.

ESADE’s global dimension is evident by its intense activity in a host of countries and by its collaboration with leading international institutions. Some of the examples below highlight this international vocation:

· Consolidation of the Societal Impact & Global Management Alliance (SIGMA)

SIGMA is an open-ended network which strives to develop an alliance of like-minded universities. Partner universities share a common belief in a holistic approach to education and applied research-based teaching. They understand the paramount importance of teaching innovation and the need to move to multi/interdisciplinary research with great social impact and relevance and incorporate Humanities into Management training, all the while ensuring a strong international presence.

SIGMA partners believe that they embody higher education institutions that have a particular positioning, as they are “more than a business school, and more focused than comprehensive universities”.

Partner universities also share the need to maintain and expand their commitment to rigorous and relevant scholarship and to engage jointly in new academic initiatives in the Leadership, Social Responsibility and Sustainability fields.

SIGMA partners include: Copenhagen Business School (Denmark); ESADE Business School (Spain); FGV/EBAPE (Brazil); Hitotsubashi University (Japan); Renmin University of China (China); Singapore Management University (Singapore); Université Paris-Dauphine (France); Universität St. Gallen (HSG) (Switzerland); WU Wien (Austria). 88 GLOBAL VOCATION

· Transversal methodologic development through · Expansion of the business & law schools’ network experiential learning & innovation projects of partners

Worth noting is the Student First Programme and ESADE Law School expanded its network of partner ESADE’s efforts to transform its methodological law schools with numerous agreements: 3 in Latin approach, incorporating experiential learning and America, 1 in Australia, 1 in Europe (thus expanding innovation into the institution’s different programmes. the THEMIS network) and 4 in Asia. The significant addition of partner universities in Asia included During the International Advisory Board’s annual agreements with: China University of Political meeting in April 2018, ESADE presented several Science and Law (Beijing); Fudan University Law of its most innovative projects. Their common School (Shanghai); Peking University Law School denominator is the opportunity they provide (Beijing); and National Taiwan University, College students to specifically address and work on real of Law (Taiwan). challenges, case studies and projects affecting different companies and institutions. ESADE Business School, with 115 academic partners, expanded its network by signing new The projects presented at the IAB meeting were: bilateral agreements. Worth noting are those it signed for the BBA programme with: Carnegie - Creativity For Business Innovation (C4Bi) Challenge: Mellon University, Tepper School of Business HP Decorative Printing Industry Challenge (United States); Washington University in St. Louis, Olin School of Business (United States); and SP - University Development Service (SUD): A Jain School of Global Management (Australia). programme of solidarity-based internships For the Electives Abroad component of the EMBA through which students participate directly in programme, ESADE signed agreements with real projects in developing countries University of Michigan, Ross School of Business (United States); Copenhagen Business School - Sustainability Cycle – Oikos Barcelona: 2016- (Denmark); University of Saint Gallen (Switzerland); 2017 ESADE Educational Innovation Award and Asian Institute of Management (Philippines).

- CERN CBI: “How to use new technologies to revamp radiation inspection methods” · Erasmus+ Scholarships outside of Europe: Singapore and Hong Kong - The parliamentary experience through a debate on Tax Law: Directed by Prof. Diana Ferrer, This year ESADE earned the Erasmus+ Singapore recipient of the 2016-2017 ESADE Teaching Scholarship for the second time and the Erasmus+ Excellence Award Hong Kong Scholarship for the first time. As a result, 12 exchange students (6 outgoing and 6 - “Sailwiz” EMBA project: A real start-up launched incoming) from the business and law schools were by two EMBA programme participants able to take advantage of this scholarship to pay for their travel and living expenses during their stays abroad. ANNUAL REPORT 89

INTERNATIONAL INTERNATIONAL AGREEMENTS, COMMUNITY NETWORKS AND ALLIANCES

INTERNATIONAL STUDENTS 185 exchange agreements with international universities · 3,697 international students enrolled in ESADE programmes KEY NETWORKS

· 104 countries of origin · CEMS - The Global Alliance in Management Education · PIM - Partnership in International Management · THEMIS - The Joint Certificate in International and Business Law · CTLS - Center for Transnational Legal Studies

Eugenia Bieto, ESADE Director General (2010-2018), has served as CEMS President since December 1st, 2016.

KEY STRATEGIC ALLIANCES

• Georgetown University, McDonough School of Business and Edmund A. Walsh School of Foreign Services (United States) • HEC School of Management (France) • Aalto University School of Business (Finland) • Università Commerciale Luigi Bocconi (Italy) • Universidad Adolfo Ibáñez (Chile) • University of Virginia, McIntire School of Commerce (United States) • Sun Yat-sen University, Lingnan University College (China) 90 GLOBAL VOCATION

INTERNATIONAL ACCREDITATIONS

The world’s three most prestigious quality accreditation bodies for business schools have recognised ESADE’s commitment to the highest academic standards, its ongoing improvement and innovation. Only 88 business schools around the world have received this “triple crown” distinction, representing less than 1 % of all the world’s business schools.

European Quality Improvement System (EQUIS): In 1988 ESADE became the first business school in Spain and one of the first in Europe to receive this accreditation granted by the European Foundation for Management Development (EFMD). ESADE has consistently renewed its accreditation every five years (2003, 2008, 2013 and 2018).

The Association to Advance Collegiate Schools of Business (AACSB International): In 2001, ESADE became the first Spanish business school and the seventh in Europe to receive this accreditation for its undergraduate, Master’s and PhD programmes granted by AACSB International. ESADE renewed this accreditation in 2006, 2011 and 2016.

The Association of MBAs (AMBA): ESADE’s MBA programmes have had this accreditation since 1994, renewing it in 1999, 2004, 2009 and 2014. ANNUAL REPORT 91 92 GLOBAL VOCATION

ESADE’S INTERNATIONAL ACADEMIC PARTNERS

Below is a list of ESADE Business School and Law School international academic partners.

• PIM (Partnership in International Management).

• CEMS (The Global Alliance in Management Education).

• THEMIS (The Joint Certificate in International and Business Law).

EUROPE BUSINESS SCHOOL LAW SCHOOL 20 CONTRIES 14 CONTRIES

Partnerships 31 21 PIM/CEMS ACADEMIC 30 PARTNERS Bilateral ACADEMIC PARTNERS 10 Agreements AFRICA

BUSINESS SCHOOL Partnership 1 1 PIM/CEMS ACADEMIC 1 COUNTRY PARTNER

MIDDLE EAST BUSINESS SCHOOL LAW SCHOOL 2 COUNTRIES 1 COUNTRY

Partnerships 6 4 PIM/CEMS ACADEMIC 2 PARTNERS Bilateral ACADEMIC PARTNERS 2 Agreements ANNUAL REPORT 93

NORTH AMERICA BUSINESS SCHOOL LAW SCHOOL 2 COUNTRIES 2 COUNTRIES

Partnerships 36 14 PIM/CEMS ACADEMIC 17 PARTNERS Bilateral ACADEMIC PARTNERS 24 Agreements LATIN AMERICA BUSINESS SCHOOL LAW SCHOOL 10 COUNTRIES 7 COUNTRIES

Partnerships 13 6 PIM/CEMS ACADEMIC 7 PARTNERS Bilateral ACADEMIC PARTNERS 7 Agreements ASIA BUSINESS SCHOOL LAW SCHOOL 7 COUNTRIES 4 COUNTRIES

Partnerships 26 15 PIM/CEMS ACADEMIC 9 PARTNERS Bilateral ACADEMIC PARTNERS 11 Agreements OCEANIA BUSINESS SCHOOL LAW SCHOOL 2 COUNTRIES 1 COUNTRY

Partnerships 6 4 PIM/CEMS ACADEMIC 2 PARTNERS Bilateral ACADEMIC PARTNERS 2 Agreements 94 GLOBAL VOCATION

Reykjavik

Oslo

Paris Bern

Lisbon

Tel-Aviv

Johannesburg

Cape Town ANNUAL REPORT 95

EUROPE United Kingdom Italy • City University of London, Cass • Università C. L. Bocconi (THEMIS) Business School Business School (Bilateral Agreement) • Università degli Studi di Bologna • London School of Economics and • Università degli Studi di Roma Tre Political Science (PIM/CEMS) Germany • The University of Manchester, • Universität zu Köln, WisoFakultät Norway Manchester Business School (PIM) (PIM/CEMS) • University of Oslo, Faculty of Law • University of Edinburgh, • WHU–Koblenz, Otto-Beisheim Management School and Economics Graduate School (Bilateral Agreement) Netherlands (Bilateral Agreement) • Frankfurt School of Finance and • University of Amsterdam, • Imperial College (Bilateral Agreement) Management (Bilateral Agreement) Faculty of Law • The University of Warwick, Warwick • Maastricht University, Business School (PIM) Austria Faculty of Law (THEMIS) • Wirtschaftsuniversität Wien (PIM/CEMS) Chez Republic Portugal • Prague University of Economics Belgium • Universidad de Coimbra (PIM/CEMS) • Université Catholique de Louvain, • Universidade Nova de Lisboa (THEMIS) Institut d’Administration et de Gestion • Lisbon Law School, Católica Global (PIM/CEMS) Russia School of Law • Saint Petersburg State University,

Graduate School of Management Denmark United Kingdom (PIM/CEMS) • Copenhagen Business School (PIM/CEMS) • Center for Transnational Legal Studies (CTLS), Georgetown Law Sweden • The University of Edinburgh, Finland • Stockholm School of Economics Edinburgh Law School (3D) • Aalto University Business School (PIM/CEMS) (PIM/CEMS) Sweden Switzerland • University of Gothenburg France • Universität St. Gallen, Graduate • HEC School of Management (PIM/CEMS) School for Business Administration, • SciencesPo (Bilateral Agreement) Switzerland Economics, Law and Social Sciences • Universität Bern (PIM/CEMS) • Universität Fribourg Hungary • University of St. Gallen, • Corvinus University of Budapest Turkey (PIM/CEMS) Faculty of Law (THEMIS. 2 agreeements) • Koç University (CEMS)

Ireland Law School • University College Dublin, Michael AFRICA Smurfit Graduate School of Business (PIM/CEMS) Germany Business School • University College Dublin, Lochlann Quinn • Bucerius Law School • Universität Freie Berlin (THEMIS) Schoof of Business (Bilateral Agreement) South Africa • Universität Greifswald • University of Cape Town, Iceland The Graduate School of Business • Reykjavik University (Bilateral Agreement) Austria (Bilateral Agreement) • Universität Graz

• WU – Viena University of Economics Italy & Business (THEMIS) • Università Commerciale Luigi Bocconi, MIDDLE EAST SDA Bocconi (PIM/CEMS) Denmark Business School • University of Copenhagen, Faculty of Law Norway • Norwegian School of Economics and Egipt Business Administration (PIM/CEMS) Spain • The America University in Cairo, School • BI Norwegian Business School • ICADE of Business (CEMS) (Bilateral Agreement) • Deusto

Israel Netherlands Finland • Tel-Aviv University, Coller School • Erasmus Universiteit, Rotterdam School • University of Helsinki, Faculty of Law of Management (PIM) of Management (PIM/CEMS)

France Kuwait Poland • SciencesPo, Institut d’Études • Kuwait University, College of Business • Warsaw School of Economics (SGH) Politiques de Paris Administration (Bilateral Agreement) (PIM/CEMS) • Université de Montpellier • Université de Strasbourg

• Université Paris II (Panthéon-Assas) Law School Portugal • Université Paris Est Cretéil (THEMIS) • Universidade Catolica Portuguesa, FCEE (Bilateral Agreement) Israel • Universidade Nova de Lisboa (CEMS) Ireland • The Hebrew University of Jerusalem • Trinity College Dublin, School of Law 96 GLOBAL VOCATION

Vancouver

Boston New York

Washington DC Los Angeles

Monterrey

Lima

São Paulo

Santiago Buenos Aires ANNUAL REPORT 97

NORTH AMERICA • University of Florida, Warrington Chile College of Business Administration • Pontificia Universidad Católica de Chile, Business School (Bilateral Agreement) Escuela de Administración (PIM) • University of Illinois at Urbana-Champaign, • Universidad Adolfo Ibáñez, Canada College of Commerce and Business Escuela de Negocios (CEMS) • École des Hautes Études Commerciales Administration (Bilateral Agreement) de Montreal (Bilateral Agreement) • University of Michigan, Colombia • McGill University, Desautels Faculty of Ross School of Business (PIM) • Universidad de los Andes Manageement (PIM) • University of Minnesota, (Bilateral Agreement) • Queen’s University, Queen’s School of Carlson School of Management Business (Bilateral Agreement) (Bilateral Agreement) Costa Rica • University of British Columbia, Sauder • University of North Carolina at Chapel • INCAE (Bilateral Agreement) School of Business (PIM) Hill, Kenan-Flagler Business School (PIM) • University of Western Ontario, Richard • University of Pennsylvania, the Wharton El Salvador Ivey School of Business (PIM/CEMS) School (Bilateral Agreement) • Universidad Centroamericana José • York University, Schulich School of • University of Richmond, Robins School Simeón Cañas de El Salvador (PIM) Business (PIM) of Business (Bilateral Agreement) • University of San Diego, Guatemala United States School of Business Administration • Universidad Rafael Landívar • Babson College, Babson Park (Bilateral Agreement) (Bilateral Agreement) (Bilateral Agreement) • University of Southern California, • Bentley University Marshall School of Business Mexico (Bilateral Agreement) (Bilateral Agreement) • Instituto Tecnológico de Estudios • Boston College, • University of Texas at Austin, Superiores de Monterrey (ITESM), Carroll School of Management McCombs School of Business Graduate School of Business (Bilateral Agreement) (Bilateral Agreement) Administration and Leadership • Carnegie Mellon University, Tepper • University of Virginia, Darden School of (EGADE) (PIM) School of Business (Bilateral Agreement) Business (PIM) • Instituto Tecnológico Autónomo de • Cornell University, Johnson Graduate • University of Virginia, McIntire School México (ITAM) (PIM) School of Management (PIM) of Commerce (Bilateral Agreement) • Cornell University, College of • Washington University in St. Louis, Olin Nicaragua Agriculture and Life Sciences (CALS) School of Business (Bilateral Agreement) • UCA Managua (Bilateral Agreement) (Bilateral Agreement) • Dartmouth College, Tuck School Law School Peru of Business (Bilateral Agreement) • Universidad del Pacífico • Duke University, The Fuqua School Canada (Bilateral Agreement) of Business (PIM) • University of Western Ontario, • Emory University, Roberto C. Goizueta Faculty of Law Uruguay Business School (PIM) • Queen’s University, Faculty of Law • Universidad ORT (Bilateral Agreement) • Fordham University, Graduate School of Business (Bilateral Agreement) United States Law School • Georgetown University, • American University, Washington The McDonough School of Business College of Law Argentina (Bilateral Agreement) • Benjamin N. Cardozo School of Law • Universidad de Buenos Aires • Indiana University, • Boston College Law School Kelley School of Business (PIM) • Columbia Law School Brasil • Loyola University, Joseph A. Butt, S. • Cornell University, Law School • Fundação Getulio Vargas, J. College of Business Administration • Duke University, Law School Escola de Direito de São Paulo (Bilateral Agreement) • Fordham University School of Law • New York University, Leonard N. Stern • Georgetown Law Chile School of Business (PIM) • Indiana University, School of Law • Pontificia Universidad Católica • New York University, Robert F. Wagner • Tulane University, Law School de Chile (UC) Graduate School of Public Service • University at Buffalo (Bilateral Agreement) • University of Miami School of Law Colombia • Northwestern University, • University of Minnesota, Law School • Universidad Pontificia Javeriana Kellogg School of Management • University of Pennsylvania Law School (Bilateral Agreement) • University of San Diego School of Law • Rensselaer Polytechnic Institute, Lally Mexico School of Management and Technology • ITESM Campus Monterrey (Bilateral Agreement) LATIN AMERICA • University of California at Berkeley, Peru Haas School of Business Business School • Pontificia Universidad Católica (Evening & Weekend MBA Program) de Perú (Bilateral Agreement) Brasil • University of California Los Angeles, • Fundação Getulio Vargas, Escola de (UCLA), The John E. Anderson Administração de Empresas de São Graduate School of Management (PIM) Paulo (PIM/CEMS) • University of Chicago, • Fundação Getulio Vargas, Escola Booth School of Business (PIM) Brasileira de Administraçâo Pública de Empresas (EBAPE) (Bilateral Agreement) 98 GLOBAL VOCATION

Beijing Seoul Tokyo

Calcutta Hong Kong

Singapore

Sydney

Dunedin ANNUAL REPORT 99

ASIA OCEANIA Business School Business School China Japan • China Europe International Business • Hitotsubashi University, Graduate Australia School (CEIBS) (PIM) School of International Corporate • University of Melbourne, • Chinese University Strategy (Bilateral Agreement) Melbourne Business School (PIM) of Hong-Kong, Faculty • International University of Japan, • SP Jain School of Global Management of Business Administration (PIM) Graduate School (Bilateral Agreement) • Chinese University of Hong-Kong of International Management • University of New South Wales, at Shenzhen (Bilateral Agreement) (Bilateral Agreement) Australian School of Business (PIM) • City University of Hong Kong, College • Keio University, Keio Business School • University of Sydney, Business School of Business (PIM/CEMS) (CEMS) (Bilateral Agreement) • Royal Melbourne Institute • Fudan University, Fudan Singapore of Technology (Bilateral Agreement) School of Management (PIM) • Nanyang Technological University, • Hong Kong University of Science Nanyang Business School (PIM) New Zeland & Technology, HKUST Business School • National University of Singapore, • University of Otago, School (PIM/CEMS) NUS Business School (PIM/CEMS) of Business (PIM) • Peking University, Guanghua School of • Singapore Management University Management (PIM) (SMU), Lee Kong Chian School of • Shanghai Jia Tong University, Business (Bilateral Agreement) Law School Antai College of Economics & Management Taiwan Australia (Bilateral Agreement) • National Chengchi University, College • Melbourne Law School • Sun Yat-sen University, of Commerce (Bilateral Agreement) • University of New South Wales Lignan University College (Bilateral Agreement) Tailand • Tongji University, School of Economics • Thammasat University, Thammasat and Management (Bilateral Agreement) Business School (PIM) • Tsinghua University, School of Economics & Management (PIM/CEMS) Law School

Korea China • Yonsei University, Graduate School of • Beijing Center for Chinese Studies International Studies • China University of Political Science (Bilateral Agreement) and Law (Beijing) • Korea University Business School • Fudan University Law School (Shanghai) (KUBS) (CEMS) • Peking University Law School (Beijing) • Peking University, School of India Transnational Law (Shenzen ) • Indian Institute of Management at Ahmedabad (IIMA) (PIM) Korea • Indian Institute of Management • Yonsei Law School at Bagalore (IIMB) (PIM) • Indian Institute of Management Singapore at Calcutta (CEMS) • Singapore Management University, • Indian School of Business (ISB) (PIM) School of Law (THEMIS) • XLRI, School of Business & Human Resources Taiwan (Bilateral Agreement) • National Taiwan University, College of Law

100 GLOBAL VOCATION

INTERNATIONAL EXCHANGE PROGRAMME PARTICIPANTS

ESADE programmes offer students the opportunity to study abroad at numerous international universities.

BACHELOR IN BUSINESS ADMINISTRATION (BBA) MBA EMBA

295 outgoing students* 79 outgoing students* 37 participantes outgoing* 284 incoming students* 70 incoming students* 71 participantes incoming*

Incoming students countries of Incoming students countries of Incoming students countries of origin: origin: origin:

1 from Africa 3 from Africa 1 from Africa 14 from Latin America 7 from Latin America 3 from Latin America 69 from Asia 28 from Asia 18 from Asia 73 from Europe 6 from Europe 41 from Europe 118 from the United States 25 from the United States 6 from the United States and Canada and Canada and Canada 9 from Oceania 1 from Oceania 2 from Oceania

MASTER OF SCIENCE UNIVERSITY MASTER IN PROGRAMMES LAW (MUA) BACHELOR IN LAW (GED) IN MANAGEMENT (MSc) · INTERNATIONAL BUSINESS LAW

77 outgoing students* 105 outgoing students* 19 outgoing students* 63 incoming students* 90 incoming students* 15 incoming students*

Incoming students countries of Incoming students countries of Incoming students countries of origin: origin: origin:

1 from Africa 2 from Africa 17 from Asia 3 from Latin America 6 from Latin America 62 from Europe 6 from Asia 17 from Asia 32 from Europe 62 from Europe

21 from the United States 3 from the United States GRI 102-6 and Canada and Canada ANNUAL REPORT 101

INTERNATIONAL WEEKS

MSc and Executive Education programme participants spent a total of 38 international weeks abroad to complement their programmes.

BY PROGRAMME BY REGION

United States • Berkeley & Stanford, San Francisco (MSc) • Georgetown University, Washington DC (MSc and EMBA) • New York University, Leonard N. Stern School of Business, New York (Executive Masters) • Santa Clara University, Santa Clara (Executive Masters) • University of California at Berkeley, San Francisco 11 by MSc programme stuendts (MSc) 12 by EMBA programme students • University of Pennsylvania, The Wharton School, 2 by Full-Time MBA students Philadelphia (AMP) 10 by the Executive Masters students 2 by PMD programme students Latin America 1 by AMP programme students • Fundação Getulio Vargas, São Paulo (MSc and EMBA) • Fundação Getulio Vargas, Rio de Janeiro (EMBA) • Universidad Adolfo Ibáñez, Santiago (MSc) • Universidad de la Habana, Havana (MSc)

European Union • HEC School of Management, Paris (EMBA and PMD) • London School of Economics, London (MSc)

Asia • Antai College of Economics & Management, Shanghai Jiao Tong University, Shanghai (EMBA) • City University of Hong Kong, Hong Kong (MSc) • International University of Japan, Urasa (Executive Masters) • ISB School of Business, Hyderabad (EMBA) • ISB School of Business, Mumbai (EMBA) • Shanghai Advanced Institute of Finance, Shanghai Jiao Tong University, Shanghai (MSc) • Yonsei University, Seoul (MSc, Full-Time MBA)

Africa • University of Cape Town, Cape Town (MSc, Full-Time MBA)

*Incoming: A student from a partner university who, by virtue of ESADE’s agreement with the university of origin, studies at ESADE during an exchange period. Coursework completed at ESADE during this period is recognised by the university of origin.

* Outgoing: An ESADE student who, by virtue of ESADE’s agreement a partner university, studies at the partner university

GRI 102-6 during an exchange period. Coursework completed at the partner university during this period is recognised by ESADE. 102 GLOBAL VOCATION

INTERNATIONAL ASSOCIATIONS

ESADE belongs to the world’s most important academic associations, broadening the opportunities for students and faculty to participate in exchange programmes as well as joint research projects.

AACSB International EDAMBA IALS The Association to Advance European Doctoral Programmes International Association Collegiate Schools of Business Association in Management and of Law Schools Business Administration

AMBA EFMD IBA The Association of MBAs European Foundation for International Bar Association Management Development

BALAS ELFA PIM Business Association European Law Partnership in International of Latin American Studies Faculties Association Management

CEMS SCIENCE|BUSINESS The Global Alliance EMBAC Innovation intelligence in Management Education Executive MBA Council and networking

CLADEA EUDOKMA SEKN Consejo Latinoamericano European Doctoral School on Social Enterprise de Escuelas de Administración Knowledge and Management Knowledge Network

CTLS GBSN SIGMA Center for Transnational Global Business School Network Societal Impact Legal Studies and Global Management Alliance

ABIS GMAC THEMIS European Academy Graduate Management The Joint Certificate in International of Business in Society Admission Council and Business Law

EBEN IAJBS UNICON

European Business Ethics Network International Association of Jesuit International University Consortium / GRI 102-13 GRI 102-12 Business Schools for Executive Education ANNUAL REPORT 103 104 GLOBAL VOCATION

INTERNATIONAL ADVISORY BOARD

ESADE’s International Advisory Board (IAB) plays an essential role in fomenting the institution’s strategic dimension.

Through their contributions, IAB members help ESADE in three interrelated and complementary areas:

INNOVATION

Promoting innovation in programme curricula and research, adopting an international point of view

RELEVANCE

Ensuring that ESADE responds to companies’ and society’s global needs today and in the future

IMPACT

Responding to ESADE’s foundational goal and impacting on the future global development of corporate management trainin.

The IAB held its 2017-2018 annual meeting on April 26th and 27th, comprising two differentiated parts: First, on April 26th, it met at Fusion Point in the Rambla of Innovation (Sant Cugat campus) to learn about two key pedagogical innovation projects developed by students in the different programmes.

Second, on Friday, April 27th, the IAB held a work session on the Barcelona- Pedralbes campus, and distinguished ESADE Board of Trustee members shared with IAB members the strategic plan and vision for 2028 which will set the future for the institution in the coming years. ANNUAL REPORT 105

2017-2018 MEMBERS

Maite Arango Soumitra Dutta Antonio Pérez Shareholder and Chairwoman Former Dean, Cornell SC President, ESADE International of the Board of Directors, Johnson College of Business, Advisory Board, and Special Grupo VIPS Cornell University, Ithaca and Advisor for the Board of New York City, New York, and Directors, Eastman Kodak Co. Sergio Bertolucci Board Chair, Global Business (United States) Former Director for Research School Network (GBSN) and Computing, European Bernard Ramanantsoa Council for Nuclear Research Javier Ferran Former Dean, HEC School of (CERN) (Italy) Chairman of the Board, Diageo; Management (France) Partner, Lion Capital (United Eugenia Bieto Kingdom); and Director, Javier Solana ESADE Director General Associated British Foods and President, ESADEgeo-Center for (2010-2018) Coca-Cola European Partners Global Economy & Geopolitics (Spain); former European Jordi Brunat Josep Franch Union High Representative for Director, ESADE Executive Dean, ESADE Business School Common Foreign and Security Education Policy; former Secretary General (until September 2018) Carlo M. Gallucci of the Council of the European Vice-Rector for International Union; and former Secretary Hans-Paul Bürkner Relations and Students, General, NATO President, The Boston Universitat Ramon Llull Consulting Group (Germany) Herman Uscategui Antonio Garrigues Walker Senior Vice President for Cheryl Campbell Honorary President, Garrigues, Strategic Partnerships & Former President and Member and President, Fundación Business Development, Cortex of the Board of Directors, Garrigues (Spain) American Heart Association Jonathan Wareham (United States) Enrique V. Iglesias ESADE Dean of Faculty and Former Secretary General, Research (until September 2018) Andrea Cuomo Ibero-American General Executive Vice President of Secretariat (SEGIB) (Uruguay) Advanced Systems Technology and Special Projects, Ibrahim Khashoggi STMicroelectronics; President, CEO, Maan Aljasser & Co. 3Sun; and Chairman of the (Saudi Arabia) Board, ECSEL (Switzerland) Enrique Lores George Daly President of Imaging, Printing an Former Dean, McDonough Solutions, HP School of Business, Georgetown University (United States), and Honorary President, ESADE Challenge Board

People, infrastructure and resources

778 ESADE 19,273 hours of training employees for PAS staff

77,287 m2, the total surface area of all three campuses ANNUAL REPORT 107

ESADE is dedicated to teaching, knowledge and innovation. To provide the best service possible, it counts on first-order quality professionals, resources and spaces.

PEOPLE

During the 2017-2018 academic year, ESADE had 778 employees*:

296 faculty members 262 Management and Law professors 32 language professors 2 emeritus professors 8 research assistants 778 16 PhD candidates PEOPLE 9 researchers

26 students with work-study agreements

423 personnel and administrative staff (PAS) members

*ESADE staff as of August 31st, 2018

INDEFINITE AND TEMPORARY BY AGE LABOUR CONTRACTS 518 with indefinite, 96 from 20 to 30 years old full-time contracts 183 from 31 to 40 163 with indefinite, 266 from 41 to 50 part-time contracts 164 from 51 to 60 39 with temporary, 65 from 61 to 70 full-time contracts 4 over 70 12 with temporary, part-time contracts 26 work-study agreements 18 partially retired 2 emeritus

BY GENDER INTERNATIONAL ORIGIN

465 women 122 people 313 men 14% of all employees 46 nationalities GRI 102-8 / GRI 103-2 / GRI 103-3 / GRI 405-1 / GRI 103-3 GRI 102-8 / GRI 103-2 108 PEOPLE, INFRASTRUCTURE AND RESOURCES

INTERNAL COMMUNICATIONS

ESADE believes that maintaining transparency and fluid communication with its internal stakeholders is essential to ensure the quality of the work it undertakes. It is fundamental for those who make up ESADE to have in- depth, first-hand knowledge of the institution’s most important strategic projects to thus contribute to ensure the latter’s excellence.

The key communication channels used during the 2017-2018 academic year include:

Annual Meeting. This general meeting of all Internal memos. ESADE PAS staff and faculty ESADE employees (faculty, PAS, ESADE Alumni and members are regularly informed via internal memos ESADECREAPOLIS employees) serves to inform them about the latest corporate news, including new hires, about the academic year’s results, new developments ESADE’s key activities and the agreements it reaches, and future strategies, the aim being to strengthen as well as all manner of information affecting their the multi-campus relation and stakeholder alignment day-to-day jobs. ESADE sent 186 such internal with the institution’s key values. We held the 2018 memos during the academic year. Annual Meeting on July 6th. It also served as the ideal setting for the entire ESADE community to EDASE Newsletter. The EDASE Newsletter is bi- thank Eugenia Bieto for her work as Director General monthly and includes information and content of as her term came to an end. professional interest along with more informal and personal content for the entire staff. Dialogues. These meetings are open to the entire ESADE community. An in-house professional is Bi-weekly calendar. This calendar helps all ESADE invited to speak to the community and describe his/ employees to stay up-to-date on the activity the her work and contribution to the institution. During institution carries out to promote social debate. They the 2017-2018 academic year, speakers included: all receive a calendar detailing ESADE-organised activities held on its campuses as well as those held Beatriz de Grau talked to us about the Data Excellence in other places around the world. Centre (CED), the new Marketing unit created to strengthen our holistic Business Intelligence strategy Campus informational panels. The informational and implement a single and transversal CRM system panels located in key traffic areas on our campuses in keeping with the BRIDGE Project. provide constant information about the institution and feature videos highlighting different activities. Jaume Maranges helped us to learn about the work MyESADE. This is the corporate intranet and a a source the University Development Service (SUD) carries of information for PAS staff as well as a platform for out with students who work as business or legal employees to carry out any HR administrative tasks consultants in the poorest Latin American countries, that may be required. helping to create a fairer future.

Angel Saz, ESADEgeo Director, explained all the elements and potential consequences of Brexit to Dialogue attendees. ANNUAL REPORT 109

ESADE TRAINING ORIENTATION PLAN

ESADE Training is the name of the training plan All those joining ESADE participate in an Orientation organised by the Human Resource Service’s Talent Plan to provide them the opportunity to meet the Management Area. The plan includes programmes different managers, teams and services, as well as for all the different professional groups at ESADE learn about ESADE’s history, its mission and values. to improve their technical expertise, competencies The plan includes a series of interviews based on the and skills. specific roles of the new hires. Similarly, the Director General holds a meeting with all new hires every ESADE Training is part of a larger plan which, in line academic year. An orientation session is also carried with Management’s strategic objectives, prioritises out by Universitat Ramon Llull’s Rector’s Office. transversal programmes to ensure that they are attractive for all the different groups and meet the teams’ needs while helping ESADE achieve its BENEFITS corporate objectives and overcome challenges. ESADE offers different benefits to its employees. Worth noting this academic year is the consolidation Amongst these are: Discounted tuition for direct of the Leadership Challenge programme, with three family members, a pension plan, the training plan, parallel editions. collective life insurance, the E-Flex programme, inter-campus shuttles, medical check-ups, dis- ESADE Training figures for the 2017-2018 academic counts on sporting activities, shopping club, etc. year: PAS staff also receive restaurant vouchers for meals. ESADE contributes the equivalent of 2.5% of 462 employees participated in the training plan employees’ annual salaries to their pension plans, 67 different courses were offered, an amount which it can increase by up to 1.5% more with editions on all 3 campuses depending on the institution’s economic results. 42 hours, the mean amount of training time per employee 19,273 hours, the total number of training hours by PAS staff and faculty

WELLNESS PROGRAMME

HR’s Training Plan also includes a Wellness Pro- gramme. The aim of the latter is to ensure the entire ESADE community’s health and wellbeing. This academic year, 27% of the training hours available focused on this type of activity. Worth noting are yoga classes offered on all three campuses and specific classes for professors on how to take care of their voices. GRI 201-3 / GRI 103-2 / GRI 103-3 / GRI 401-2 / GRI 404-1 / GRI 404-2 / GRI 404-1 / GRI 401-2 / GRI 103-3 / GRI 103-2 GRI 201-3 110 PEOPLE, INFRASTRUCTURE AND RESOURCES

‘FAMILY DAY’ IS NOW ‘PEOPLE DAY’ WORK-LIFE BALANCE AND GUIDANCE

During the 2017 - 2018 academic year, HR Services ESADE understands that different situations re- updated the ‘Family Day’ concept. For this it quire specific measures to ensure a good work-life organised a participatory event in which the ESADE balance, meeting the particular needs of some indi- community could express its opinion and help to viduals. The aim is for these employees to thus also define the activity. provide the appropriate service to their units and departments. 100% of all employees return to their jobs The first result is the event’s change in name to upon completing their maternity/paternity leaves. make it more inclusive and avoid the idea that it is only for employees with young children. As a result, Similarly, worth noting is the guidance and assis- Family Day is now called People Day. tance provided to foreign individuals coming to work at ESADE. This help is related to the workers’ and On 27th May, 178 people of all ages took part in a their families’ residency permits as well as informa- fun activity designed to raise awareness about Bar- tion on housing and schools. celona's ties to the sea through the history of the patí català, a unique sailing vessel found along the Catalan coast

COLLECTIVE BARGAINING AGREEMENT AND WORKS COUNCIL

All ESADE employees are included in the collective bargaining agreement for university educational and research centres and they are represented by a works council which meets periodically with Hu- man Resources to address issues affecting employees. There is also a Work Safety and Health Com- mittee which comprises six people from ESADE and an internal expert in risk and accident prevention. Management and the works council designate an equal number of committee members. There is also another committee dedicated to equality. GRI 103-2 / GRI 103-3 / GRI 401-2 / GRI 401-3 / GRI 403-1 / GRI 403-4 / GRI 403-1 / GRI 401-3 / GRI 401-2 / GRI 103-3 GRI 103-2 ANNUAL REPORT 111

INFRASTRUCTURE

CAMPUSES

ESADE has two campuses in Barcelona and one in Madrid. Combined, they occupy 77,287 m2 and include 126 classrooms.

Barcelona-Pedralbes Barcelona-Sant Cugat Madrid Campus Campus Campus

• 9,859 m2, building 1 • 15,461 m2, academic building • 2,625 m2 • 7,560 m2, building 2 • 2,908 m2, MBA building • 15,236 m2, building 3 • 426 m2, EGarage • 5,886 m2,'Roberto de Nobili' Residence Hall • 17,326 m2, ESADECREAPOLIS

Amongst other key actions during the 2017-2018 academic year, worth noting is that work on the Rambla of Innovation finalised during this period. GRI 102-4 112 PEOPLE, INFRASTRUCTURE AND RESOURCES

RESOURCES

TECHNOLOGY LIBRARY

All ESADE classrooms, offices and rooms are The Library specialises in Management and Law and equipped with the appropriate technology for helps to further the ESADE community’s learning, their respective activities. teaching and research. It has two facilities, one on the Barcelona-Pedralbes campus and the other on ICT Services constantly updates the technology the Barcelona-Sant Cugat campus. As a whole, the Li- available. During the 2017-2018 academic year, it brary includes 380 reading desks, a collection of more completely renewed the technological installa- than 100,000 documents, printed journals, theses, tions in 28 spaces, including classrooms and meet- academic work and multimedia material. It is a part of ing rooms, in addition to 240 new computers. Also the Universitat Ramon Llull network of libraries. worth noting are the 2,688 webpages available on the Moodle platform to ensure the best pos- Through the Library’s online services, the ESADE sible relation between faculty members and their community can also access more than 40 electronic students. The ICT Services team also addressed resources on companies, markets and legal informa- more than 13,870 issues and petitions during the tion, 12,000 online academic journals and more than academic year. 5,000 e-books and working papers.

In addition, the Sant Cugat campus also includes the Borja Library which specialises in Humanities, Theology, Philosophy, Spirituality, the Bible, Art and Literature, and with a collection of unique work and editions, manuscripts, incunables, parchments and documents from the 16th to 18th centuries.

Key figures for the 2017-2018 academic year • 321,460 online documents consulted • 14,364 book loans and consultations at the Pedralbes and Sant Cugat libraries • 1,147 new books added to the collection • 9,881 consultations received and addressed

Newly implemented services/projects • Archive of online teaching material: analysis and definition phase • Analysis on the use of the collection and the definition of a new policy for the collection • Installation of a new information desk and sofas on the Pedralbes campus library • Organisation of a solidarity-based domino marathon with more than 1,100 books organised by La Marató de TV3, in 2017 • Incorporation of 130,829 copies in the Borja Library catalogue and the installation of a display cabinet to showcase valuable documents ANNUAL REPORT 113

ACADEMIC MANAGEMENT

The Registrar’s Office is located on the Barcelona-Pedralbes campus. Its aim is to help the ESADE community with the different academic processes. To this end, it provides the following services:

Services for students and alumni: The following figures evidence the area’s intense • Issuance of academic certificates activity during the 2017-2018 academic year: • Document certification • 6,424 enrolments • Credit recognition/transferal • 2,500 degrees and diplomas issued • Issuance of academic transcripts • 9,800 certificates • Processing of diplomas and delivery • 100 programmes managed • Enrolment by the Registrar’s Office • 1,689 classes • 1,885 exams Services for faculty and academic units: • Academic planning • Exam scheduling • Management of course-related events and student marks • Maintenance of student transcripts • Administration of Faculty and class evaluations • Student rankings and graduating class management • Academic information Private contributions

€3.2 million More than 600 individual in private donors have contributed contributions to the ESADE Challenge for Talent

120 companies support ESADE ANNUAL REPORT 115

Private contributions make ESADE more economically sustainable and better positioned to make investments. They are a key form of support for the institution’s strategic goals.

PRIVATE SUPPORT FOR THE ESADE FOUNDATION

Promotion of cutting-edge research on Management and Law, a belief in talent and diversity in the classroom, and the ability to attract top faculty from all over the world – these are just a few of the characteristics that have made ESADE a leading global academic institution. And these characteristics have been made possible by the collaboration of numerous organisations and individuals.

For ESADE, contributions from organisations and individuals are a very important asset, since they make the institution more economically sustainable and enable us to consolidate strategic projects. We have therefore established multiple collaboration channels to foster strategic alliances with companies and foundations. We also created the ESADE Challenge for Talent campaign to encourage donations from alumni, students, faculty, staff and friends of ESADE.

During the 2017-2018 academic year, ESADE received a total of €3.2 million from individuals and organisations. These contributions and donations enabled us to award 250 scholarships, invest in research, enhance the activity of our research centres and continue to grow our endowment, the ESADE Foundation Fund. 116 PRIVATE CONTRIBUTIONS

ALLOCATION OF PRIVATE CONTRIBUTIONS 31 % SCOLARSHIP PROGRAMME

€3,2 M 11 % ENDOWMENT 58 % RESEARCH

Research (58 %) Scholarship Programme (31 %)

During the 2017-2018 academic year, companies and The Scholarship Programme, one of ESADE’s foundations supported ESADE’s research activity strategic projects, represents the institution’s by contributing a total of €1.84 million. The Institute commitment to fostering diversity and equality of for Social Innovation, the ESADE Entrepreneurship opportunity in our classrooms. During the 2017-2018 Institute, the Center for Global Economy and academic year ESADE allocated €2.6 million to the Geopolitics (ESADEgeo) and the Chair in Leaderships Scholarship Programme. Of this amount, €1 million and Democratic Governance were the entities that came from donations to the ESADE Challenge for received the most support from organisations this year. Talent campaign. Through these combined efforts, in We also created new alliances within the framework of 2017-2018 we were able to award 250 scholarships – the ESADE Institute for Data-Driven Decisions. or rather, we were able to provide 250 opportunities to talented young people who otherwise would not Research is fundamental to ESADE because it have been able to afford an ESADE education. Nine generates relevant knowledge that has a direct impact percent of ESADE students received scholarships, in our classrooms. As a result, ESADE students enjoy which on average covered 57 % of tuition fees access to new content that is directly related to the current and future needs of companies. In addition, The process for awarding scholarships is highly ESADE’s research activity allows the institution to rigorous. The Scholarship Award Committee met nine create alliances with the private sector and with times over the past year to meticulously study the society at large by carrying out studies that create applications one by one, with the aim of identifying the value and generate new knowledge. candidates who best satisfied the selection criteria. In addition, the General Scholarship Committee held its annual meeting to conduct an exhaustive review Endowment (11 %) of all scholarships awarded, approve the scholarship policies of all programmes, guarantee transparency The ESADE Foundation Fund is an endowment and compliance with ESADE’s commitment to containing assets invested for the long term. Assets donors, and reach decisions in exceptional cases. of this sort provide an institution with a permanent source of financial resources. Each year, part of the value generated by the fund is used to support ESADE’s strategic projects. The rest is reinvested in order to strengthen the fund and increase its capacity to generate future resources. The ESADE Foundation Fund is currently valued at €7.4 million. ANNUAL REPORT 117

DISTRIBUTION OF THE 250 SCHOLARSHIP STUDENTS BY PROGRAMME

DOUBLE DEGREE 49 MBA 15

MUA 10 MSc 18 250 GED & GLOBAL GOVERNANCE 45 BBA 99 GED 14

ESADE Challenge for Talent: details of the campaign

The ESADE Challenge for Talent once again managed • 25 companies have supported the Scholarship to raise €1 million for the Scholarship Programme, Programme, of which 18 have created named thanks to the commitment of numerous people and scholarships. This initiative allows companies to organisations to promoting talent and diversity in attach a corporate brand to a scholarship as well the classroom. Here are some highlights from the as to define the profile and academic programme 2017-2018 academic year: of the students who will benefit from the award.

• 7 Futuro Scholarships. These awards represent the To recognise the fundamental role of donors and to maximum commitment by individuals and families celebrate the talent of scholarship students, each to the Scholarship Programme and to ESADE in year we organise two events that bring these two general. A Futuro Scholarship involves covering groups together: 90 % of a student’s tuition fees over the course of a four-year period, the establishment of a • Institutional Scholarship Ceremonies. These award person-to-person relationship with the student, and ceremonies, held this year on 2nd and 20th November the possibility of a mentor-mentee arrangement. in Barcelona and Sant Cugat, respectively, brought together more than 200 students and donors. The • 600 contributors to the general campaign, 100 of aim of both events was to recognise the hard work whom were 1,000 x 1,000 donors. These individuals and talent of scholarship students and acknowledge collaborated with the Scholarship Programme the value of ESADE’s donors. by making major contributions ranging from €1,000 to €5,000 with a four-year commitment, • The Gathering for Talent. The seventh edition thereby ensuring the continuity of the scholarship of this event was held on 19th April 2018 on the throughout an undergraduate student’s four-year Barcelona campus. A group of five students, academic career. each representing one of ESADE’s undergraduate programmes, participated in a debate on digital • New collective initiatives. In addition to the platforms and the sharing economy. scholarships traditionally created by exemplary graduating classes such as MBA ‘18 and BBA ‘18, this year a new collective initiative was organised by the ESADE Alumni Insurance Club. The resulting scholarship – the ARAG-Insurance Club Scholarship – was awarded to a student in the Bachelor in Global Governance. 118 PRIVATE CONTRIBUTIONS

COMPANIES AND FOUNDATIONS THAT HAVE CONTRIBUTED TO RESEARCH PROJECTS OR TO ESADE’S FOUNDING PURPOSE

SENIOR PARTNERS (4) COLLABORATORS (52) · Fundación Bancaria “la Caixa” · Abertis · Fundación Repsol · Agbar · Naturgy · AGM Abogados · Santander Universidades · Andersen Tax & Legal · Arasa & de Miquel Advocats – Euroforo PARTNERS (14) · Baker & McKenzie · BDO Abogados y Asesores · Accenture Tributarios · Banco Sabadell · CA Technologies · CaixaBank · Caprabo · Everis · CAPSiDE · Fundació Carulla · Carrefour · Fundación Caja de Ingenieros · Clifford Chance · Fundación EY · Colegio Notarial de Cataluña · Fundación PwC · Crowe Horwath Legal y Tributario · Fundación Ramón Areces · Cuatrecasas · Grupo Zurich en España · Danone · ISS Facility Services · Deloitte Legal · Mercadona · Derypol · SEAT · Diputación de Barcelona · Servizurich · DomusVi · Everis · EY Abogados PROMOTERS (18) · Festo Automation · ACCIÓ · Font Abogados y Economistas · Agrolimen · Freixenet · ARAG · Fujitsu · Aramark · Fundación FAES · BASF · Garrigues · BCG · Gebro Pharma · Cementos Molins · Gómez-Acebo · Egarsat & Pombo Abogados · EY · González Byass · Fluidra · Grant Thornton · Fujitsu · IBM · Fundación Damm · Indra · Fundación Edad&Vida · Istituto Superiore di Sanità · Grupo Mahou San Miguel · JAUSAS Legal y Tributario · ICL Iberia · KPMG · KIC InnoEnergy · La Unió · MicroBank · Manubens y Asociados · Penteo ICT Analyst · Nestlé España · Osborne Clarke · Pedrosa Lagos · Pérez-Llorca Abogados · Port de Barcelona · PwC Tax & Legal · Roca Junyent · Rousaud Costas Duran · Suara Cooperativa · SUEZ España · Transports Metropolitans de Barcelona · Uría Menéndez · Vialegis Abogados ANNUAL REPORT 119

COMPANIES AND FOUNDATIONS THAT HAVE CONTRIBUTED TO THE SCHOLARSHIP PROGRAMME

PROMOTERS (17) COLLABORATORS (14) CEMS PARTNER (1) · Allianz · Alfa Consulting · Google · Coca-Cola European Partners · Anudal Industrial · Colonial · Axis Corporate · Deloitte · Law firms in the Law School's · Fundación ACS Professional Advisory Board · Fundación Banco Sabadell · Innogy Spain · Fundación Caja de Ingenieros · JPMorgan · Fundación Jesús Serra · L’Oréal / Grupo Catalana Occidente · Lucta · Fundación Puig · MTG · Fundación Ramón Areces · Fundación Renta Corporación · Grupo Indukern · Resa · Grupo Mémora · Residencia Universitaria Sarrià · Grupo Zurich en España · Ricoh · Reig Patrimonia · SELLBYTEL Group · Roca Corporación Empresarial · SEAT · Unibail-Rodamco-Westfield 120 PRIVATE CONTRIBUTIONS

INDIVIDUAL CONTRIBUTORS TO THE SCHOLARSHIP PROGRAMME

ESADE would like to thank everyone who contributed to the Scholarship Programme during the 2017-2018 academic year.

FUTURO SCHOLARSHIP (7) · Haeffner Gelis, Julio (Lic&MBA 78) · Hernández de Lorenzo Millet, Juan · Martín Pérez, José Luis (Lic&MBA 87) · Adell Domingo, Manel (Lic&MBA 86) (Lic&MBA 80) · Iglesias Baciana, Ricardo · Arimany Barceló, Joaquim · Martínez de la Rosa, Borja (Lic&MBA 81) (Lic&MBA 85) (Lic&MBA 96) · Longo Martínez, Francisco,professor · Ayuso family · Muniesa Arantegui, Tomás · Martínez Vila, Josep (PT MBA 91) · Barrera Xaubet, Maite (Lic&MBA 98), (Lic&MBA 76) · Mena López, F. Xavier, professor Board of Trustees · Navarro Martínez, Pedro · Mir de la Fuente, Xavier, professor · Maite Iglesias-Baciana, (FT MBA 67), Board of Trustees · Mitjavila i Moix, Xavier private foundation · Pérez Farguell, Xavier (Lic&MBA 77) (Lic&MBA 93) · Nin Génova, Juan Maria, · Puig Zacares, Jaume (Lic&MBA 85) · Moncunill Giró, Federico Board of Trustees · Raspall Coromina, Borja (Lic&MBA 78) · Oficialdegui Tina, Rogelio (Lic&MBA 02) · Montllonch Escubos, Federico (Lic&MBA 76)† In memoriam. · Sol Puig, Joan (Lic&MBA 04) (FT MBA 78) Participants in the scholarhip: · Tubau Roca, Ricard (Lic&MBA 90) · Muñoz Lasuén, José Luis Oficialdegui Santamaria, Andrea / (Lic&MBA 87) Oficialdegui Santamaria, Miguel / · Navarro Aragay, Robert Oficialdegui Tina, Jesús M. / SILVER (77) (Lic&MBA 86) Oficialdegui Tina, M. del Carmen / · Nogareda Estivill, M. del Mar Oficialdegui Tina, Pedro / Vilaclara · Abelló Riera, Frederic (PMD 84) (Lic&MBA 89) Fatjó, Eulàlia / Anonymous donor · Anmella, Ricardo (Lic&MBA 84) · Núñez Navarro, Josep Lluís · Berché Moreno, Eduardo, professor (Lic&MBA 81) · Bieto Caubet, Eugenia · Núñez Navarro, Josep M. 1.000 × 1.000 (112) (Lic&MBA 73), professor (Lic&MBA 86) · Borrás Ferré, Joaquín (Lic&MBA 80) · Palmada Sánchez, Salvador PLATINUM (7) · Brufau Niubó, Manuel (Lic&MBA 77) (Lic&MBA 86) · Calderón Riera, Alfons · Pantaleoni Giralt, Enrique · Castejón Fernández, (Lic&MBA 92) (Lic&MBA 85) Germán (Lic&MBA 81), · Cantó Navés, Carles (Lic&MBA 90) · Pascual Sancho, Carles (FT MBA 87) Board of Trustees · Colás Ricart, Miquel (Lic&MBA 82) · Peiró Rius, Víctor (MBA 74) · Díaz-Varela Bertschinger, Raúl · Cornudella Felip, Oriol · Peña Mayor, Antonio (Lic&MBA 93) (Lic&MBA 92), Board of Trustees (Lic&MBA 85) · Pont Rey, Xavier (Lic&MBA 93) · Díaz-Varela Bertschinger, Tamara · Costa Argelaguet, Francesc · Portabella de Alòs, M. Josefa (Lic&MBA 94) (Lic&MBA 92) · Quintanilla Cornudella, Alex · Guardiola Romojaro, Jaume · Cuatrecasas Targa, Carlos (Lic&MBA 91) (Lic&MBA 80), Board of Trustees · Delgado Planas, Antonio · Rafel Miarnau, Francisco · Pinya Salomó, Oriol (Lic&MBA 95) (Lic&MD 00), professor (Lic&MBA 90) · Trias Sagnier, Miguel (PT MBA 89), · Espurz Font, Xavier (Lic&MBA 93) · Rafel Miarnau, Ignacio (MBA 00) professor · Estabanell Buxó, Antoni · Raya Donet, Andrés · Villanueva Villalba, José Manuel (Lic&MBA 81) (PT MBA 89), profesor (Lic&MBA 99) · Estany Puig, Patrícia · Rigau Cañardo, Mariano (Lic&MBA 85), Board of Trustees (FT MBA 88) GOLD (21) (2013-2017) · Rigau Pagès, Javier (Lic&MBA 01) · Ganyet Cirera, Carmina · Rodrigo García, Sixto (Lic&MBA 93) · Asociación ESADE Finance (programa VV 03) · Rousaud Parés, Emili (Lic&MBA 90) · Asociación ESTalent · Garcia Nebot, Josep · Rull Bertran, José M. (Lic&MBA 89) · Aymerich Llombart, Daniel (Lic&MBA 82) · Sanfeliu Sabater, Joan (PT MBA 94) (Lic&MBA 97) · Garcia Torres, Anna (Lic&MBA 11) · Santacreu Bonjoch, Josep (PMD 89) · Bach Terricabras, Luis (Lic&MBA 77) · Garí Eguillor, Manuel (Lic&MBA 84) · Serlavós Serra, Ricard · Brugera Clavero, Juan José · Genescà Dueñas, Gabriel (Lic&MBA 77), professor (FT MBA 71) · Ginesta Manresa, Miquel · Sureda Martínez, Joan · Fontana García, Pedro (Lic&MBA 89) (Lic&MBA 77) (Lic&MBA 74), Board of Trustees · Goldberg Waks, Lorenzo · Tintoré Segura, Xavier (2001-2013) (Lic&MBA 86) (Lic&MBA 90) · Gallés Gabarró, Jordi (Lic&MBA 95) · Grifoll Rossell, Calamanda · Tombas Navarro, Enrique · Grau Monjo, Merche (Lic&MBA 89) (Lic&MBA 81) (Lic&MBA 90) · Grupo Aleix · Guardans Cambó, Helena · Torra Balcells, Xavier (EDIK 84) · Guerra Juliá, Juan (Lic&MBA 88) (Lic&MBA 85) · Vegara Figueras, David, professor · Guerra Mercadal, Ignacio · Guarner Muñoz, Francisco · Vela Ballabriga, Antonio (Lic&MBA 89) (FT MBA 81) (Lic&MBA 90) ANNUAL REPORT 121

· Ventura Santamans, Carles · Alavedra Martínez, Alejandro · Aubia Ferré, Francesc (BBA 16) (Lic&MBA 92) (BBA 18) · Badal Ibáñez, M. Purificación · Viader Codina, Judith (Lic&MBA 91) · Albasanz Fernández, Laura (BBA 18) (Lic&MBA 90) · Vicens Torradas, Josep · Alemany Aragay, Miquel (BBA 18) · Badia Sabater, Xavier (BBA 18) (Lic&MBA 81) · Ali El Himma, Bahia (BBA 18) · Ballabriga Torreguitart, Antoni · Vila Recolons, Alfonso (Lic&MBA 79) · Alkazimi, Lana Samih (MBA 18) (Lic&MBA 91) · Vilaclara Fatjó, Eulàlia (Lic&MBA 77) · Almalik, Abdulrahman Salim M. · Baltodano González, · Viñolas Serra, Pere (Lic&MBA 86), (MBA 18) Gabriel Antonio (MBA 18) Patronato · Almuni Bagaria, Jan (BBA 18) · Bambek, Sven (MBA 18) · Women Scholarship MBA · Alsayegh, Noor (MBA 18) · Bandurak, Derek Robert (MBA 18) · Xicoy Cruells, Anna (Lic&MBA 85) · Anderzhanova, Lyailya (BBA 18) · Barceló Ortiz, Manuel (BBA 18) · Zallo Olaeta, Fernando · Ante Tarazona, Carlos Andrés · Bardají Gálvez, Lola, PAS (Lic&MBA 83) (MBA 18) · Bartra Rocabert, Joan (Lic&MBA 87) · Anonymous donors (3) · Antonino Nieto, Pablo (BBA 18) · Bastian, Lars Rubén (MBA 18) · Aranda Romero, Antoni · Batet Gabarró, Albert (Lic&MBA 74) (Lic&MBA 02) · Batista Foguet, Juan Manuel GENERAL CAMPAIGN (584) · Arellano Gil, Pedro (EMBA 07) (PMD 91), professor · ARAG · Arenas Álvarez, Ariadna (BBA 18) · Batlle Sánchez, Laura (BBA 18) · Abella Prat, Marc (BBA 18) · Argenté Nordbeck, Laura Cecília · Baulenas Bardia, Arnau (GED 13) · Abete Guitart, Claudia (BBA 18) · Benkirane, Mohamed (BBA 18) (MBA 18) · Arjona Sebastià, César (Lic&MD 99), · Bermejo Vidal, Daniel (BBA 18) · Abhishek Kumar (MBA 18) professor · Berruezo Tristany, Cristina (BBA 18) · Adriazola Wahle, Jean Carlo · Armenter Vidal, Xavier · Bianchini Ortona, Juliana (MBA 18) (MBA 18) (Lic&MBA 74) · Biason Novell, Laura (BBA 14) · Afanador Cortés, Camilo Andrés · Armentia Ribeiro, Ainoa (BBA 18) · Biete Amores, Leopoldo (EDIK 76) (MBA 18) · Arnedo Santamaria, Meritxell · Biron, Victoire (BBA 18) · Afanador Cortés, Edgar Felipe (Lic&MBA 97) · Blanco Bermúdez, Miguel Ángel (MBA 18) · Arnó Cornet, Nuria (BBA 18) (MBA 18) · Agarwal, Piyush (MBA 18) · Arruabarrena Vecino, Olga · Blasco Moreu, Javier (BBA 13) · Aguilar Guiu, Miriam (BBA 18) (BBA 18) · Blaser, Laura Elizabeth (MBA 18) · Aguilera Martín, Pedro (BBA 18) · Artola De La Riva, Emilio (BBA 18) · Bóbeda Arantes, Francisco Augusto · Akhai, Ali (MBA 18) · Assalit Garcia, Xavier (BBA 18) (MBA 18) · Alabart Salse, Olalla (BBA 18) · Ates, Duygu (MBA 18) · Bonastre Prandtl, Marcus (BBA 18) 122 PRIVATE CONTRIBUTIONS

· Bordoy Coma-Cros, Ignasi (BBA 18) · Casanova Turín, · Cuasante López-Barrena, Joaquín · Borrellas Sabrià, Marc (BBA 18) Jean Robert (Lic&MBA 74) (BBA 18) · Borrini, Elia (MBA 18) · Castany Crivillers, David (BBA 13) · Cuenca Gracia, Eric (BBA 18) · Boudoux D'Hautefeuille, · Castejón Raventós, Natàlia (BBA 18) · Cuxart Plaza, Víctor (BBA 18) Louis (BBA 18) · Castella Izquierdo, Marc (BBA 18) · Dalal, Vishesh Jailesh (MBA 18) · Bourcier, Lisa (BBA 18) · Català Pons, Joan · Dangla Feliu, Juan (Lic&MBA 84) · Britto Pena, Bruno (MBA 18) (MDEF 03, EDIEF 81) · Dasca Romeu, Jan (BBA 18) · Buerk, Lukas (BBA 18) · Chakraborti, Arijit Kumar (MBA 18) · Daza Jaller, Norberto Carlos · Bui, Kathy (MBA 18) · Chauhan, Himanshu (MBA 18) (MBA 18) · Burgués Bassols, Lluís (Lic&MBA 78) · Chen, Feifei (MBA 18) · De Azúa Ruiz-Falcó, Rafael (BBA 18) · Burgués Fortuño, Xavier · Chen Jiang, Dani (BBA 18) · De Buen Urrutia, Daniel (MBA 18) (Lic&MBA 74) · Chontou, Dafni-Christina (MBA 18) · De Esteban Brugarolas, Pedro · Busquets Goixart, Ramón · Cirera De Tudela, Borja (BBA 13) (BBA 18) (Lic&MBA 74) · Class Reunion MBA 07 · De Felipe Santos, Tomás · Bustamante Baella, · Cobián Fernández, Dolores (BBA 18) (Lic&MBA 74) Alejandro Gabriel (MBA 18) · Cobo Ledezma, Juan Carlos (MBA 18) · De Figarolas Framis, Águeda · Cabeza Delage, Pedro (BBA 18) · Colás García, Marina (BBA 18) (BBA 18) · Camarasa Cachà, Xavier (BBA 18) · Coll de la Cámara, Pedro · De Gea Fiter, Anna (BBA 18) · Camps Deghilage, Jordi (BBA 18) (Lic&MBA 74) · De Preux, Gilles Patrick Raoul Marie · Canals Polo, Ignacio (BBA 18) · Coll Marqués, Antonio (BBA 18) (MBA 18) · Canela Ardèvol, Laia (BBA 18) · Comesaña Cameselle, Alba (BBA 18) · De Regás Peña, Gonzalo (BBA 18) · Cañizares Espí, Mariola (BBA 18) · Compte Carles, Eduard (BBA 18) · De Senillosa Sanz, Manuel (BBA 18) · Cao, Wen Wen (BBA 18) · Concustell Humet, Lídia (BBA 18) · Delgado Planas, Antonio · Capdevila Vilapriñó, Sergi (BBA 13) · Conde Gispert, Santiago (BBA 18) (Lic&MD 00), professor · Carazo Rodríguez, Alejandro · Cordón Ávila, María (BBA 18) · Diaz Roig, Borja (BBA 18) (PMD 93) · Cordón Guerrero, Yago (BBA 18) · Doménech Medarde, Antonio · Carbó Barrera, Aïda (BBA 14) · Costa Baró, Ramon (Lic&MBA 73) (BBA 18) · Cárdenas Lagomarsino, · Crehuet Llonch, Mario (BBA 18) · Domínguez, Alicia (MBA 18) Nicolás Stefano (MBA 18) · Cremascoli, Luca (BBA 18) · Dreher, Ryan Deiter (MBA 18) · Carles Fontana, Mariona (BBA 18) · Cuadrench Tristany, Abel (BBA 18) · Dueñas de la Viuda, Martín (BBA 18) · Caro Azpiolea, Javier (BBA 18) · Cuartero Bertran, Guillem Josep · Dumorné, Genevieve Joan (MBA 18) · Casals Bastús, Bernat (BBA 18) (BBA 18) · Ejarque Galindo, Marc (BBA 18) · Eline, Thomas William (MBA 18) · Enzler Fandos, Sandra (ESADE), PAS · Escarré Grifell, Sílvia (BBA 18) · Escobar Arenas, Óscar Alexis (MBA 18) · Escribà Sendra, Ricard (BBA 18) · Escrivà Sastre, Yago (BBA 18) · Espinel Pardo, Álvaro Manuel (MBA 18) · Estabanell Oliver, Anna (BBA 18) · Estany Borges, Andrea (BBA 18) · Evans, Huw Henry Burgoyne (MBA 18) · Fabregat Feldsztajn, Jordi (Lic&MBA 80), professor · Fabregat Rapela, Ruth (BBA 18) · Fahmy, Mahmoud Reda Mohamed Zaki Rezk (MBA 18) · Faulhaber, Robert (MBA 18) · Faustino Bosch, Oriol (BBA 18) · Felez Cadiñanos, Alejandro (BBA 18) · Fernández Álvarez, Miguel (Lic&MBA 08) · Fernández Burrull, Alex (BBA 14) · Fernández Chaves, Juan Antonio (BBA 18) · Fernández Fernández, Alicia (BBA 18) · Fernández-Cardellach Maluquer, Alejo (BBA 18) · Ferrer Vidal, Diana (Lic&MD 02, PhD 14), professor · Ferrer-Calbetó Barnils, Claudia (BBA 18) · Fibla Campmany, Clàudia (BBA 18) · Fillet Bastida, Roger (BBA 18) ANNUAL REPORT 123

· Flores, Todd James (MBA 18) · Huguet Planes, Laia (BBA 18) · Luque Vera, Juan (BBA 18) · Flórez García, Cristian (MBA 18) · Huntenburg, Jonathan (BBA 18) · Ma, Jiao (MBA 18) · Font Suñer, Pau (BBA 14) · Ibáñez Moncho, Paula (BBA 18) · Maeso Deitg, Berta (BBA 18) · Fontanellas Cunilles, Francesc · Iborra Escarré, Roger (BBA 18) · Malagelada Gómez, Laura (BBA 18) · Iqbal, Mohamad Aamir (MBA 18) (BBA 18) · Fontova Padilla, Ferran (BBA 18) · Iserte Missé, Marta (BBA 18) · Malki, Zineb (BBA 18) · Forn Cañabate, Ramon (BBA 18) · Isikpinar, Muazzez Gültürk (MBA 18) · Mallet, Matteo (BBA 18) · Fornós Assens, Juan Ignacio · Jalinat-Werner, Elise (BBA 18) · Mandl Murga, Tassilo Aurelio · Foss, Johan (BBA 18) · Jensen, Jay Scott (MBA 18) (MBA 18) · Franch Bullich, Josep · Jiménez Abad, Luisa (Lic&MBA 12) · Manent Relats, Josep (Lic&MBA 74) (Lic&MBA 84), professor · Jover Alonso, Maria (BBA 18) · Manent Silvar, Silvia (Lic&MBA 74) · Franquesa Castrillo, Carlos · Jover De España, Blanca (BBA 18) · Margraf, Roberto Filho (MBA 18) (Lic&MBA 86) · Jover González-Adrio, Alejandro · Mariño Escobar, Andrea (MBA 18) · Fraser, Marcos Stuart (MBA 18) (BBA 18) · Mariussen, Martin Nyvang (MBA 18) · Fuster Zorita, Jan (BBA 18) · Jover Plasencia, Jordi (BBA 18) · Marsé Vives, Sergi (BBA 18) · Galvão Silva Sarmento, Ricardo · Juan Jiménez, Alexandre (BBA 18) · Martí Pellisé, Cristina (BBA 14) (MBA 18) · Juher Adroer, Albert (BBA 14) · Martín Alcaraz, Laura (BBA 18) · Gálvez Casasús, Manel (BBA 18) · Julià Mas-Sardà, Víctor (BBA 18) · Martín Fernández, Javier (BBA 18) · Gantelet Adserá, Clara (BBA 18) · Kalejta, Karol (MBA 18) · Martinant De Preneuf, Theo (BBA 18) · Garcés Golobart, Guillermo (BBA 18) · Kandipati, Sindhura (MBA 18) · Martínez Hausmann, Enrique · Garcia Armiño, Ricard (BBA 18) · Kane, Yahya (BBA 18) (BBA 18) · García Caballero, Helena (BBA 18) · Kasmadjian, Rafi (MBA 18) · Martínez Larraz, Alba (BBA 18) · Garcia Cusí, Miquel (BBA 18) · Kim, Daphne Sohye (MBA 18) · Martínez-Sapiña Arenaza, Carlos · García Santos, Lorena (BBA 18) · Kim, Kichul (MBA 18) (BBA 18) · Garcia Suari, Albert (BBA 18) · Kintsurashvili, Nino (MBA 18) · Martos Junyent, Aleix (BBA 18) · Garí Estany, Manuel (BBA 13) · Kisfaludi Bestué, Elena (BBA 18) · Masana Ribalta, Jaume · Gavaldà Manso, Marc (BBA 18) · Koshevaya, Kristina (BBA 18) (Lic&MBA 90) · Geis Chang, Ana (BBA 18) · Krug, Daniel Jörg (MBA 18) · Masferrer Gutiérrez, Andrea · Gigov, Franziska (BBA 18) · Kryvulia, Anastasiia (MBA 18) (BBA 18) · Gil Egea, Eliseo (Lic&MBA 74) · Kulaviseyed Mohamed Buhari, · Massicotte, Justin Daniel (MBA 18) · Gimeno Novell, Santiago (BBA 18) Ziaulhaq Soofi Hussain (MBA 18) · Massó López, Anna (BBA 18) · Ginès Castellet, Núria, professor · Kulkarni, Vikram Sharad (MBA 18) · Matas Velasco, Guille (BBA 18) · Giribés Folch, Anna (BBA 12) · Kumanov, Tihomir Krasimirov · Mateo Pino, Albert (BBA 18) · Gispert Carbonell, Beatriz (BBA 18) (MBA 18) · Matrenza, Tamara Faye (MBA 18) · Goel, Dhruv (MBA 18) · Kymal, Rohan Anjat (MBA 18) · Mavis, Burak (MBA 18) · Goicoechea Azpiroz, Sergio (BBA 18) · Lacalendola Tundisi, Caio (MBA 18) · Meaker, Paula Cato (MBA 18) · Gómez Ballvé, Paula (BBA 18) · Laloum Cabrero, Patricia (BBA 18) · Mehta, Hardik (MBA 18) · Gómez Corredor, Juliana (MBA 18) · Lambarri Figueroa, Diego (MBA 18) · Mercadé Giribet, · Gómez Espadero, Mònica (BBA 18) · Lamirault, Nicolas (BBA 18) Francisco Javier (BBA 18) · González Duran Ibarra, Gabriel · Lamoure, Cristalle (BBA 18) · Mezzano, Franco Esteban (BBA 18) (MBA 18) · Laquidain Parcet, Alejandro · Miera Maluenda, Marina (BBA 18) · González González, David (BBA 18) (BBA 18) · Millet Fernández, Sara (BBA 18) · González Jaume, Laura (BBA 18) · Le Monnier Hausmann, Maria · Miquel Vives, Marcel (BBA 18) · González Leal, Martha Lilia (MBA 18) (BBA 18) · Miret Durán, Patricia (BBA 18) · Gorantla, Monica (MBA 18) · Lee, Kwangkook (MBA 18) · Miró Bruna, Mònica (BBA 18) · Gottwald, Lea-Victoria (BBA 18) · Leppert, Manuela Anna (MBA 18) · Mompin Sánchez, Judit (BBA 18) · Grant Weiberlen, Felipe (MBA 18) · Lesauvage Jiménez, Laura (BBA 18) · Moncanut Castells, Mireia (BBA 18) · Grau Rahola, Susana (Lic&MBA 89) · Li, Jiang (BBA 18) · Monino, Carla Jane (BBA 18) · Grau Serra, Patricia (BBA 18) · Li, Na (MBA 18) · Monleón Chaves, Mónica (BBA 18) · Greindl, Gaston (BBA 18) · Lim Sam, Laurie (BBA 18) · Monrabá Bagan, Josep · Gribatchev, Anatoli (BBA 18) · Lima de Macedo, Rafaela (MBA 18) (GED13 / MUA 14) · Guajardo Martínez De Sarasa, · Liu, Mengjiao (MBA 18) · Montané Colet, Laia (BBA 18) Marta M. (BBA 18) · Llenas Rossell, Xavier · Mora Esteve, Jordi (BBA 18) · Guerrero Sánchez, Sara (BBA 18) (Lic&MBA 93), PAS · Morales Viñas, Montserrat · Guillot, Louis (BBA 18) · Llobera Vila, Xavier (FT MBA 00) (GED13 / MUA 14) · Guingant, Melody (BBA 18) · Llonch Santos, Jordi (BBA 18) · Morata Roig, Andrés (Lic&MBA 91) · Gummà Vidal, Eloi (BBA 18) · Llorach Bastida, Enric (BBA 18) · Moreno Ruiz, Laura (BBA 18) · Gupta, Tanvi (MBA 18) · Llòria Penny, Jordi (BBA 18) · Mornet, Andrea (BBA 18) · Gutiérrez Bella, Alejandro (BBA 18) · Lluzar Altirriba, Alejandro (BBA 18) · Mourelo Montero, Anna (BBA 18) · Haffar, Rami Aref (MBA 18) · Longaro, Michael John (MBA 18) · Moya Parra, Lina M. (MBA 18) · Hemelaar, Sander (BBA 18) · López Ferrer, Pablo · Muchart Centena, Anna (BBA 18) · Hermance Sicot, Valentine (BBA 18) (GED 12 / MUA 13) · Murali, Eshwar (MBA 18) · Hernan Samper, Anna (BBA 18) · López Martínez, Alejandro (BBA 18) · Mustieles Martínez, Adrián · Hernández Alcázar, África (BBA 18) · López Méndez, José (MBA 18) (BBA 18) · Hidalgo Anderson, Jonathan · López Viguria, Enrique · Mut Vaquer, Martina (BBA 16) (BBA 18) (PT MBA 90), PAS · Nadal Lamoglia, Òscar (BBA 18) · Honick, David Storey (MBA 18) · Lucas De Souza Felizzola, Arthur · Naganuma, Hiroyuki (MBA 18) · Hornero Fatás, Ignacio (BBA 18) (MBA 18) · Nakao, Kojiro (MBA 18) 124 PRIVATE CONTRIBUTIONS

· Nakayama, Tomohiro (MBA 18) · Pedret Sagnier, Julia (BBA 18) (EDIK 00), PAS · Navarro Llechà, Judit (BBA 16) · Peláez Bueno, Helena (BBA 16) · Pujadas Rello, Andreu (BBA 18) · Nazzani, Guglielmo (BBA 18) · Pelegay Blanch, Anna (BBA 18) · Puspita Akis Tohir, Pipit (MBA 18) · Neves Rodrigues da Silva Pereira, · Penedo Alcobre, Yago (BBA 18) · Rabassa Montesinos, Francesc Maurício (MBA 18) · Pérez Dávila, Esteban (Lic&MBA 79) (EDIK 94) · Neville, Stefan Michael Wessel · Pérez Jové, Martí (BBA 18) · Rafel Celada, Ignasi (PT MBA 94) (MBA 18) · Pérez Robles, Jacqueline (MBA 18) · Rahola Codinach, David (BBA 18) · Neyraut Simkho, Alexandre (BBA 18) · Pérez Romero, Roger (BBA 18) · Ramírez Toda, M. Chantal (BBA 18) · Nieto Garcia, Alan (MBA 18) · Pérez Torres, José Luis (FT MBA 75) · Rasool, Haider (MBA 18) · Niño Morales, M. Alejandra · Pericas Clavé, Maria (BBA 16) · Rau, Konstantin (BBA 18) (MBA 18) · Pernía Sánchez, Sonia (BBA 18) · Ravindran, Shreyas (MBA 18) · Nishikawa, Chikara (MBA 18) · Pertegal Muñoz, Héctor (BBA 18) · Ravit, Ninon (BBA 18) · Noceti Cotrim, Daniel (MBA 18) · Pesce Eliezer, Arthur (MBA 18) · Reig Majoral, Mónica · Nogueira, Auriane (BBA 18) · Pesenti Barili, Davide (MBA 18) (EMPA 12), PAS · Noguer Artigas, Oriol (BBA 18) · Pflucker Zevallos, Carlos Alberto · Reive, Matthew Alexander · Nogués Cifre, Ian (BBA 18) (MBA 18) Montgomery (MBA 18) · Nordgreen, Helene Fluge (MBA 18) · Pham, Jessie Hong (MBA 18) · Renalias Colomer, Marta (BBA 18) · Notari Torán, Pascual (BBA 14) · Pi Lletí, Maria (BBA 18) · Reol Olano, Rocío (Lic&MBA 91) · Novo García, Aitor (MBA 18) · Piaray, Nicole Alecia (MBA 18) · Reolid Hernández, Oriol (MBA 18) · Noya Espinazo, Eloi (Lic&MBA 93), · Pijuan Potrony, Guillem (BBA 18) · Rey Varela, Sissi Beatriz (MBA 18) professor · Pizarro Lozano, Rodrigo (MBA 18) · Reynés Mairata, Salvador (BBA 18) · Nunez, Nicolas (BBA 18) · Pladevall Fernando, Xavier · Ribas Ariño, Joan · Núñez Benítez, Ana (BBA 18) (Lic&MBA 86) (EDIEF 72 / PhD 03) · Odgers IV, Edward Snelling (MBA 18) · Planas Carbonell, Júlia (BBA 18) · Ribera Tomelic, Leonardo (MBA 18) · Olia, Kaiwan Jal (MBA 18) · Planas Lambán, Ramiro (BBA 18) · Riera Fernández, Claudia (BBA 18) · Olivera Borbón, Júlia (BBA 18) · Polonsky, Nicolas (MBA 18) · Riñé Casajuana, Anna (BBA 18) · Orós Cárceles, Andreu (BBA 18) · Ponce León, Javier (BBA 18) · Ripoll Bunn, Marcos (BBA 18) · Orús Sabaté, Joana (BBA 18) · Pons Pratdepadua, Elisabeth, PAS · Rizo Patron Parks, · Otto Cardiel, Ignacio (BBA 18) · Ponsico Martín, Alba (BBA 14) Sebastian Antenor (MBA 18) · Oukrid, Chaimaa (BBA 18) · Pont Borràs, Antonio (BBA 18) · Robert Fontana, Naïma (BBA 18) · Ozaki, Phillip Saburo (MBA 18) · Porras Medina, Marcos (BBA 18) · Robusté Puig, Marc (BBA 18) · Pacheco Vergara, Diego Alonso · Portabella De Villalonga, Ignacio · Roca Padrós, Andrea (BBA 18) (MBA 18) (MBA 18) · Roca Rubio, Jesús (Lic&MBA 08) · Padilla Fernández, Pablo (BBA 18) · Poveda Pérez, Ernesto (Lic&MBA 74) · Rocamora González, · Palacio Cano, Laura (BBA 16) · Poy Cabrera, Sergi (BBA 18) Alejandro Florencio (MBA 18) · Pallarès Navarro, Paula (BBA 18) · Pramesty, Ratih Ayu (MBA 18) · Rodés Riera, Gloria (BBA 18) · Pallás Margenat, Maria (BBA 18) · Praveen, Sonia (MBA 18) · Rodrigo Ruano, Iris (BBA 18) · Palmero Cervós, Alícia (BBA 18) · Prévost Duraffourd, Charlotte · Rodríguez Garrido, Luisa M. · Panyella Mauricio, Helena (BBA 18) (BBA 18) (GED 13 / MUA 14) · Parcerisas Kuhnlein, Nil (BBA 18) · Prokop, Ivo (BBA 18) · Rodríguez Paiva Gonzales, Renzo · Paré Mitjavila, Alex (BBA 18) · Puig Jové, Eudald (BBA 18) (MBA 18) · Parellada Magrans, Arturo (GED 15) · Puig Ros, Josep (BBA 18) · Rodríguez Sánchez, Miriam (BBA 14) · Pavón Rodas, Andrea (BBA 18) · Puigbó Sanvisens, Judith · Rollet, Quentin Fabrice Victor (BBA 18) ANNUAL REPORT 125

· Romero Gil, Ángela (BBA 18) · Sridhar, Deepak (MBA 18) · Vundavalli, Vishnu Teja (MBA 18) · Romy Belilos, Jean Louis · Srikanti, Praneeth (MBA 18) · Wade, Meredith Bays (MBA 18) (Lic&MBA 74) · Stasny Vallès, Patrick (BBA 18) · Wang, Yuanyuan (MBA 18) · Rosell Arévalo, Valentín (MBA 18) · Stefanoni, Maria (MBA 18) · Weber, Julius (BBA 18) · Rostom, Ramy Osama Kamel · Stern, Adrien Olliver (MBA 18) · Wulfovich Feiner, Dan Rafael (MBA 18) · Stratmann, Uta (MBA 18) (MBA 18) · Rotllant Solà, Mario, · Suberbielle, Gabrielle (BBA 18) · Yamamori, Risa (MBA 18) Board of Trustees (1996-2015) · Suffa, Sebastian Günther (MBA 18) · Yamana, Yoshinori (MBA 18) · Rousseau, · Sugranyes Giralt, Sergi (BBA 18) · Yanes Mesa, Ángela M. (MBA 18) Arthur Marie Jean Francis (MBA 18) · Tacconi, Anna (MBA 18) · Yang, Zhe (MBA 18) · Rueda De Vivero, Rodrigo Andrés · Tamarit Sales, Marta (BBA 18) · Yao, Wenqian (MBA 18) (MBA 18) · Tapia Eizaguerri, César (BBA 18) · Yoshida, Kosuke (MBA 18) · Rueda Diví, Elena (BBA 18) · Tber, Zineb (BBA 18) · Zapatero Campreciós, Javier · Ruggieri, Angelica Carmel (MBA 18) · Tchetinova Georgieva, Iva (BBA 18) (BBA 18) · Rüttger, Simon (MBA 18) · Terao, Yukio (MBA 18) · Zaragoza Rubio, Àlex (BBA 18) · Sabaté Galceran, Roger (BBA 18) · Terzili, Mine (MBA 18) · Zellinger, Fabián (MBA 18) · Sabin Guerin, John Henry (BBA 18) · Thiroloix, Alix Marie (BBA 18) · Zhang, Ting (MBA 18) · Saborido Orús, Jaume (BBA 18) · Thomas, Hans Dries Frans (MBA 18) · Anonymous Donors (6) · Sagnier Mur, Pablo (BBA 18) · Thomas, Maria Stephanie (MBA 18) · Sagnier Tomàs, Sara (BBA 18) · Tió Pérez-Albert, Verona, PAS · Sagrera Villagrasa, Joan · Tomàs-Rodó Valls, Maria (BBA 18) (Lic&MBA 74) · Torra Casas, Antoni (BBA 18) · Saint Olive, Tristan (BBA 18) · Torras Cardona, Alejandro (BBA 18) · Salas Fumás, Vicente (Lic&MBA 74) · Torras Chicón, Marc (BBA 18) · Salvador Jornet, Clàudia (BBA 18) · Torras Pastor, Simón (BBA 18) · Sánchez Ortiz, Pedro Elías (MBA 18) · Torrellas Darvas, Pablo (BBA 16) · Sans Aluja, Jordi (BBA 18) · Torrent Montada, Eduard (BBA 18) · Santaflorentina Durán, M. Mercè · Torrente Escamilla, Ton (BBA 18) (Lic&MBA 90) · Toscano, Leandro, profesor · Santos Matsuyama, Gustavo Sadao · Toshima, Nao (MBA 18) (MBA 18) · Tourtchine Cerrolaza, Sergio · Satria Putra, Praditya (MBA 18) (Lic&MBA 85) · Sauma Mekbel, Kathryn Marie · Trapote Barreira, César (EMBA 14) (MBA 18) · Trias de Bes Ustariz, Belén · Saumitra Pande (MBA 18) (Lic&MD 00), PAS · Saura Montiel, Mercè · Trillo Bartolomé, Luis (BBA 16) (MDM 08), PAS · Tubbeh Sierralta, Tarek Issa · Scherk Forn, Shubha (BBA 18) (MBA 18) · Schiano Moriello, Giorgio (MBA 18) · Urrego Arciniegas, Juan Carlos · Schuler, André Werner (MBA 18) (MBA 18) · Scotton, Selene Jean (MBA 18) · Uscategui, Kentaro Marcel (MBA 18) · Sebti, Youssef (BBA 18) · Valdez Enrigue, Alvaro (MBA 18) · Secnik, Tim (BBA 18) · Van Thienen, Augustin Antonin Y. · Seculi Tendero, Alejandra (BBA 18) (BBA 18) · Sekkat, Brahim (BBA 18) · Varillas Iglesias, Inés (BBA 18) · Sellarès Colomer, Mireia (BBA 18) · Velasco Ramírez, René (MBA 18) · Serra Ferré, Èric (BBA 18) · Vélez Dahl, Fernando Enrique · Serra Vallés, Marc (BBA 18) (MBA 18) · Sethi, Nichal (MBA 18) · Verbón Cruells, Florenci · Shapirenko, Ievgenii (MBA 18) (Lic&MBA 80) · Sharma, Sidhant (MBA 18) · Vevstad, Henriette (BBA 18) · Sharma, Tanya (MBA 18) · Viader Pagès, Elena · Shepherd Chuquiure, Sofia M. (Lic&MBA 90), PAS (MBA 18) · Vidal Domingo, Eva (BBA 18) · Silvera Núñez, Cecilia (BBA 18) · Vidal Llamas, Marc (BBA 18) · Simpson, Alexander Paul Lindsay · Vilà Brualla, David (BBA 18) (MBA 18) · Vilaclara Santomá, Almudena · Sincáková, Miroslava (MBA 18) (BBA 18) · Singh Chauhan, Abhyuday (MBA 18) · Vilalta Farré, Julio (BBA 18) · Smiejczak, Hanka (MBA 18) · Vilalta Vila, Aina (BBA 18) · Smith, Reagan Gary (MBA 18) · Vilas Da Costa, Felipe (MBA 18) · Sneha Raman (MBA 18) · Vilaseca Riera, Mònica (BBA 18) · Solanes Cano, Laura (BBA 18) · Villa, Nicolás David (MBA 18) · Solanki, Ankur (MBA 18) · Vinces Reyna, Sandro (MBA 18) · Soler Fraile, Pablo (Lic&MBA 85) · Viu Alegre, Alberto (Lic&MBA 12) · Soriano Sánchez, Adrià (BBA 18) · Vives Alfosea, Jorge (BBA 18) · Sotelo Rosell, Patricia (MBA 02) · Vives Pérez, Jordi (BBA 18) Governing10. Órganos bodiesde gobierno

Carlos Domingo was the guest speaker at this year’s meeting of the Assembly of Trustees ANNUAL REPORT 127

The function of ESADE’s governing bodies is to guide the institution and respond to the challenges posed by a society that is constantly changing and progressing.

MANAGEMENT

BOARD OF TRUSTEES MEMBERS

The Board of Trustees is the highest governing and representation body of • Maite Barrera Xaubet the ESADE Foundation, the legal titleholder of ESADE’s educational centres. • Salvador Busquets Vila The Foundation’s charter consolidates and strengthens the legal structure of • Germán Castejón Fernández an institution conceived and based, from the outset, on joint collaboration • Ramon Forn Argimón between the Society of Jesus and civil society. The composition of the • Jaume Guardiola Romojaro governing body – the Board of Trustees – therefore corresponds to both • Luis Javier Herrero Borque constituent parts equally, with the Provincial of the Society of Jesus being • Josep Miralles Massanés, S.J. responsible for appointing half of the Board’s members. The Board’s • Pedro Navarro Martínez remaining members, representatives of civil society, are chosen from among • Juan M. Nin Génova individuals known for their reputation in the business, legal, academic, or • Jaime Oraá Oraá, S.J. cultural spheres, after taking into consideration the non-binding opinion of • Isabel Pagonabarraga Mora the ESADE Foundation Assembly of Members. • Ramón Pascual de Sans • Llorenç Puig Puig, S.J. During the 2017-2018 academic year, the Board members listed below • Pere Viñolas Serra met six times:

PRESIDENT Joaquín Uriach Torelló

VICE PRESIDENT Xavier Torra Balcells

SECRETARY Josep E. Milà Mallafré, S.J. GRI 102-5 / GRI 102-18 / GRI 103-2 / GRI 103/3 / GRI 405-1 GRI / 103/3 / GRI 103-2 / GRI 102-18 102-5 128 GOVERNING BODIES

ASSEMBLY OF TRUSTEES

The annual meeting of the Assembly of Trustees was held on 28th May 2018 at the ESADECREAPOLIS Auditorium, located on ESADE’s Barcelona–Sant Cugat campus. The guest speaker at the lunch discussion after the meeting was Carlos Domingo, an expert on blockchain, cryptocurrencies and the new “Internet of Value”. The meeting and lunch discussion were attended by executives representing the companies that support the ESADE Foundation, as well as invited members of the business community.

The ESADE Foundation Assembly of Trustees consists of more than 55 companies and organisations from Spain and abroad. In addition to its advisory role, the Assembly is also a world-class business forum where representatives of member organisations – presidents, CEOs, general managers – have the opportunity to discuss economic, business and social realities. Besides these organisations, the Assembly also includes individual members who have some sort of special relationship with ESADE – former presidents of the Foundation and of ESADE Alumni, etc. – or who were historically involved with the institution.

The mission of the Assembly of Trustees of the ESADE Foundation is to inform and advise the Board of Trustees – the Foundation’s governing body – regarding the needs and developments of civil society.

INDIVIDUALS (15) ORGANISATIONS (55)

• Juan José Brugera Clavero • Accenture • Fundación Jesús Serra/Grupo • Germán Castejón Fernández • Agrolimen Catalana Occidente • Pere A. Fábregas Vidal • Alfa Consulting • Fundación Puig • Pedro Fontana García • Allianz • Fundación PwC • Jorge Gallardo Ballart • ARAG • Fundación Ramón Areces • Francisco Guarner Muñoz • Aramark • Fundación Repsol • Esteban Khalo Glykidis • Axis Corporate • Indukern Group • Lluís Magriñà Veciana • Banc Sabadell • Grupo Mahou San Miguel • Xavier Pérez Farguell • BASF • Grupo Mémora • Llorenç Puig Puig, S.J. • CaixaBank • Grupo Zurich en España • Manuel Raventós Negra • Caprabo • IBM • Joan Manuel Soler Pujol • Cementos Molins • ICL Iberia • Miguel Trías Sagnier • Coca-Cola European Partners • ISS Facility Services • Oriol Tuñí Vancells, S.J. • Colonial • L’Oréal • Joaquín Uriach Torelló • Danone • Lucta • Deloitte • Mercadona • Desigual • MTG • Esteve • Naturgy • Everis • Nestlé España • EY • Penteo ICT Analyst • Fluidra • Reig Patrimonia • Freixenet • Ricoh • Fujitsu • Roca Corporación Empresarial • Fundación Nous Cims • Santander • Fundación ACS • SEAT • Fundación Bancaria “la Caixa” • Sellbytel Group • Fundación Banco Sabadell • Unibail-Rodamco-Westfield

• Fundación Caja de Ingenieros / GRI 405-1 GRI / 103-3 / GRI 103-2 / GRI 102-18 102-5 • Fundación Damm ANNUAL REPORT 129 130 GOVERNING BODIES

GENERAL MANAGEMENT AND EXECUTIVE COMMITTEE

The General Management ensures the unity of ESADE as a university institution, assuming senior management responsibilities in all areas and for all its centres for academic, economic, administrative and personnel- related issues, as well as for communication between ESADE and the Board of Trustees.

The Executive Committee is the body that assists the General Management in managing and coordinating the various areas of ESADE. During the 2017-2018 academic year, the Executive Committee was chaired by Eugenia Bieto, Director General of ESADE, with Enrique López Viguria, Secretary General of ESADE, acting as secretary of the committee. During the 2017-2018 academic year, the Executive Committee members listed below met 12 times:

• Eugenia Bieto • Jordi Brunat Director General Director of the Executive Education Unit • Francisco Longo Associate Director General • Enrique Verdeguer Director of ESADE Madrid • Ramon Aspa Corporate Deputy Director • Josep Bisbe General President of the Faculty*

• Josep Franch • Xavier Sanchez Dean of ESADE Business Director of ESADE Alumni* School • Enrique López-Viguria • Eduardo Berché Secretary General Dean of ESADE Law School

• Jonathan Wareham Dean of Faculty and Research

*The Executive Committee also met on a monthly basis as a standing committee with the participation of all Executive Committee members except the President

of the Faculty and the Director of ESADE Alumni. 405-1 /GRI GRI / 103-3 / GRI 103-2 / GRI 102-18 102-5 ANNUAL REPORT 131

ESADE PROFESSIONAL ADVISORY BOARD

Created in 2004, the Professional Advisory Board is an advisory body that counsels ESADE on economic, business and social matters that it considers to be worthy of discussion. Its role is related to ESADE’s raison d’être, the basic elements of which are training, research and influencing public opinion.

During the 2017-2018 academic year, ESADE’s Professional Advisory Board met twice to discuss strategic matters:

• 15th December 2017 • 22nd May 2018 “Development of a New 20/25 Vision for ESADE" “Transformation of ESADE 2010-2018: Future Challenges After an Eight-Year Term”

MEMBERS 2017-2018

Ms. Maite Arango Mr. Juan Lladó Mr. Juan Antonio Zufiria Vice-Chair of the Board of Vice President and CEO General Manager for Europe IBM Directors Vips Group Técnicas Reunidas Group

Ms. Maite Barrera Mr. Iván Martén REPRESENTING ESADE President Bluecap Senior Partner, Managing Management Consulting Director and Vice Chairman Ms. Eugenia Bieto of Energy Practice The Boston Director General (2010-2018) Ms. Anna M. Birulés Consulting Group President Alta Business Services Mr. Pedro Navarro Mr. Vicente Moreno Deputy Executive Chairman Mr. Ismael Clemente President Accenture F ESADE Foundation CEO Merlin Properties oundation Mr. José M. de la Villa Mr. Luis Conde Ms. Mónica de Oriol Secretary of the Professional President Seeliger y Conde President Net4Things Advisory Board

Mr. Fernando Conte Mr. Manuel Raventós President Parkia President Raventós i Blanc

Ms. María Ángeles Delgado Mr. Francisco Román Director General for Iberia President Deloitte (Spain and Portugal) Fujitsu Mr. Fernando Ruiz Mr. Juan Ignacio Entrecanales Presidente de Deloitte Vice President Acciona Ms. Carina Szpilka Ms. María Garaña Vice President of the Spanish EMEA Managing Director Committee UNICEF Google Mr. Joaquín Uriach Ms. Cristina Garmendia President Uriach Group

GRI 102-5 / GRI 102-18 / GRI 103-2 / GRI 103-3 / GRI 405-1 GRI / 103-3 / GRI 103-2 / GRI 102-18 102-5 Partner Ysios Capital Partners

132 GOVERNING BODIES

ESADE LAW SCHOOL PROFESSIONAL ADVISORY BOARD

The ESADE Law School Professional Advisory Board was created in 1994. By providing advice from the professional world, the Board contributes to the design of ESADE’s curricula, supports the organisation of student internships, and promotes research.

During the 2017-2018 academic year, the Professional Advisory Board held a plenary meeting in May to discuss updates and changes to some ESADE Law School programmes. Attendees were also informed about the launch of the new Bachelor in Global Governance, Economics & Legal Order.

The following are the members of the Professional Advisory Board:

• Abertis Infraestructuras, S.A. • Garrigues, S.L.P. • Abertis Infraestructuras, S.A. • Gómez-Acebo & Pombo • Abogacía General del Estado Abogados, S.L.P. en Barcelona • Grant Thornton • Spanish Tax Office (Barcelona • Iberdrola delegate) • Inspecció de Treball de • AGM Abogados Catalunya • Andersen Tax & Legal • Inspección de Trabajo y • Baker McKenzie, S.L.P. Seguridad Social • BDO Abogados y Asesores • Jacobs Douwe Egberts ES, Tributarios, S.L. S.L.U. • Clifford Chance, S.L.P. • KPMG, S.A. • CMS Albiñana & Suárez de • La Caixa Lezo • Mango • Col.legi de Notaris de • Naturgy Catalunya • Osborne Clarke • Crowe • Pedrosa Lagos • Cuatrecasas • PepsiCo • Danone • Pérez-Llorca Abogados, S.L.P. • Deganat dels Registradors de y Cía, S. Com. P. la Propietat, Mercantils i Bens • Puig Mobles de Catalunya • PwC Tax & Legal • Deloitte Legal • Roca Junyent, S.L.P. • Dentons Europe Abogados, • Rousaud Costas Duran, S.L.P. S.L.U. • SEAT • Escuela Judicial • Tribunal Arbitral de Barcelona • EY • Uría Menéndez, S.L.P. • Fieldfisher JAUSAS • Vialegis Abogados, S.L.P. • Fiscalia Superior de Catalunya • Font Asesores Fiscales, S.L. GRI 102-5 / GRI 102-18 GRI / GRI 102-18 102-5 ANNUAL REPORT 133 ESADE Alumni

More than 816 events organised, 60,000 alumni with 27,859 participants

€4.9 million euros for entrepreneurial projects ANNUAL REPORT 135

ESADE Alumni’s mission is to provide value to its members, ESADE and society through the activities it organises and the services it provides, all focused on professional and human development.

A GLOBAL NETWORK

More than 60,000 alumni (17,045 of which live outside of Spain)

72 INTERNATIONAL • Peru • ESADE Alumni Girona Club CHAPTERS • Poland • ESADE Alumni Lleida Club • Portugal • ESADE Alumni Tarragona Club • Andorra • Qatar • ESADE Alumni Western • Argentina • Russia Andalusia Club • Australia • Singapore • Austria • South Africa • Belux (Belgium and • South Korea 16 FUNCTIONAL AND Luxemburg) • Sweden SECTOR-SPECIFIC CLUBS • Boston • Switzerland • Brazil (São Paulo, Rio de • Taiwan • Automobile and Mobility Club Janeiro and Curitiba) • Turkey • Cultural and Creative • California (LA and San • United Arab Emirates Industry Club Francisco) • United Kingdom • Digital Business & ICT Club • Canada (Vancouver, Montreal • Venezuela • Energy & Environment Club and Toronto) • Washington, D.C. • Family Business Club • Chicago • Finance Club • Chile + Barcelona International • Health & Pharma Club • China (Beijing, Hong Kong and Chapter • Innovation Club Shanghai) • Insurance Club • Colombia • Law Club • Denmark 12 REGIONAL CLUBS • Marketing Club • France • Operations Club • Germany • ESADE Alumni Aragon Club • People and Organisation • Greece • ESADE Alumni Asturias Club Management Club • Hungary • ESADE Alumni • Public Management Club • India Balearic Islands Club • Real Estate Club • Ireland • ESADE Alumni • Tourism Management Club • Israel Basque Country Club • Italy • ESADE Alumni • Japan Canary Islands Club • Mexico • ESADE Alumni • Miami Community of Valencia Club • Netherlands • ESADE Alumni Eastern • New York City Andalusia Club • Panama • ESADE Alumni Galicia Club 136 ESADE ALUMNI

ENTREPRENEURSHIP

The aim of ESADE Alumni Entrepreneurship is, on the one hand, to support entrepreneurs with a programme that combines dedicated activities, services and financing to help them to move their projects forward (business plans, financing, guidance, etc.). On the other, it strives to support private investors through the ESADE BAN network, providing them with entrepreneurial projects in which to invest, training programmes, networking opportunities and co-investment options with other network investors.

ALUMNI ENTREPRENEURSHIP SERVICES

1. Guidance for entrepreneurs 2. Financial consulting 3. Legal consulting 4. Pitch mentoring 5. Speed mentoring

2017-2018 ESADE BAN FIGURES

• €4.9 million to finance entrepreneurial projects • 66 guidance sessions with entrepreneurs • 21 start-ups obtained financing • 260 business angels registered • 400 projects studied

Worth noting during the 2017-2018 academic year was the investment in Agroptima, capturing nearly €1.2 million (900,000 of which correspond to ESADE BAN investors). ANNUAL REPORT 137

ACTIVITIES START-UP DAY

ESADE BAN organises sessions in which entrepre- ESADE Alumni held the seventh edition of neurs and investors can talk about and share their Start-up Day at ESADEFORUM. Organised jointly experiences and knowledge to stay up-to-date on with Banco Sabadell, the event is targeted at en- the latest trends in the sector. trepreneurs, investors, students and the entrepreneurial ecosystem, in general. 1. Business Angels School, providing intensive and rigorous training for those initiating them- The last edition also served to grant the ESADE selves in the business angel community to help Alumni Award for the Best Start-up to Glovo. them to develop the skills and basic knowledge The award is granted to the most noteworthy pro- they need to become professional experts. Par- ject in terms of its technical-economic feasibility ticipants: 47 and its clearly innovative DNA. Glovo was founded in 2015 and carried out its first round of financing 2. ESADE BAN Investment Forums to present and through ESADE BAN. Glovo already represents a promote start-ups requiring financing. The com- key success story. panies have to have a positive track record and demonstrated growth. The Investment Forums are held in Barcelona and Madrid and serve to exchange and share ideas and to network.

3. Family Office Investment Forum focused on family-run firms for projects in advanced development stages.

4. SEED Breakfasts to present projects in the ini- tial phase and with a maximum appraised value of one million euros.

5. Healthcare Barcelona Investment Forum dedicated to biotechnology projects, medical equipment, health services and health-related IT systems.

6. Blockchain Investment Forum which aims to educate investors about Blockchain technology and present projects based on the latter.

7. Workshops focused on entrepreneurs and designed to hone their business ideas and launch them. 138 ESADE ALUMNI

ESADE ALUMNI CAREERS

ESADE Alumni Careers organises numerous activities and provides useful services to alumni to help them to focus and manage their careers, no matter their current professional situation.

SERVICES ACTIVITIES

1. Professional guidance Special conferences and practical workshops encourage participants to reflect on their careers 2. Legal-labour-related guidance and professional development:

3. Professional transition programme 1. Coffee drop-in sessions: Spaces for group debate and reflection, exclusively for members, 4. Mentoring programme: A more structured on the focus they should adopt when looking for programme with new guidelines for mentors work. Participants can also share their best prac- and greater support for mentees to help them tices, concerns and strategies with each other to find the most appropriate mentor 2. Webinars: Online interactive conferences 5. International platforms (global career management resources): Aimed at professionals 3. Flash sessions and workshops: To help to de- searching for job opportunities in markets other velop members’ careers over the short, mid than their current ones and who need information and long term about other job environments • BlueSteps • GoinGlobal • Vault

6. Career Resource Centre: An online itinerary with information and resources for alumni to reflect on and manage their careers

7. ESADE Jobs: A job bank for alumni to look for work and subscribe to receive à la carte offers, in addition to allowing recruiters to publish offers and find talent at ADEES ANNUAL REPORT 139

ESADE ALUMNI SOCIAL

ESADE Alumni Social promotes members’ active Crowdfunding participation in building a fairer and more sustainable world. Its pro bono consulting programme along ESADE Alumni Social took its first steps this year with its training and awareness campaigns aim to in the crowdfunding area to support two large strengthen and improve how the social sector and institutions in their fight against poverty. socially-responsible companies are managed and ensure their sustainability and good governance. • The 2017 Christmas crowdfunding campaign, Una Navidad de ilusiones (“A Christmas of Hope”) to raise funds for Casal dels Infants, a foundation 12th edition of Alumni Social Consultants dedicated to supporting vulnerable children and youth at risk of social exclusion in our society • Volunteer alumni in the 12th edition: 315 (2,468 total) since 1983. The funds raised by ESADE Alumni Social enabled Casal dels Infants to help more • 12,000 hours of pro bono consulting than 2,000 children.

• Value in euros: €1.2 million • Crowdfunding campaign for Arrels Fundació. There are more than 3,400 homeless in Barce- • Work carried out in participating NGOs: lona. A thousand of these people sleep on the — Strategic reflection streets, while another 400 do so in makeshift — Viability of new business areas camps and more than 2,000 in city-funded or — Marketing and communications social organisation shelters. The money raised — Product commercialisation helped Arrels Fundació offer a greater number of — Fundraising spots in its shelters and thus alleviate one of the — Human resources most severe social problems in our cities. — Review of in-house processes and organisation — Legal — New approaches to governance and transparency

Through this programme, ESADE alumni collaborate with social institutions, offering them their knowledge and expertise in different management areas. This year, the programme celebrated its 12th edition, comprising 30 consulting projects and more than 300 participants.

140 ESADE ALUMNI

AWARENESS-RAISING CAMPAIGNS

Cineforum. This forum serves to promote reflection Together. ESADE Alumni Social and ESADE’s and debate based on films and documentaries that University Development Service (SUD) work jointly illustrate the problems, contradictions and latest on different international consulting projects as trends in our society. Its organisers are in charge part of the Together Project. The aim is to help of selecting top quality films which have received to encourage productive activity in developing distinguished awards and which address issues rarely countries. Through these projects, senior alumni reach business schools. work alongside currently enrolled students. Four new projects were launched this year in Peru, Bolivia and Webinars. These help alumni access knowledge Paraguay, with significant contributions from new online. Through its interactive offering, these webinars ESADE alumni. These new endeavours add to the provide material for all those interested in social portfolio of six other projects launched in previous matters, proposing practical information related to years and still underway. sustainability, social enterprises and entrepreneurs and innovation. This year, webinars focused on issues such as sustainability and stakeholders, the Canvas business model, microfinancing and team interdependency. ANNUAL REPORT 141

COLLABORATION WITH FACULTY

ESADE Faculty actively take part in ongoing training programmes and presentations through the Matins and Desayunos sessions, as well as in national and international events organised by ESADE Alumni’s functional and sector-specific clubs. In addition, their collaboration with international chapter events and their involvement as academic sponsors of our clubs help to ensure the quality of the events and sessions with alumni. Ten ESADE faculty members currently serve as academic sponsors.

Núria Agell ESADE Alumni Digital Business & ICT Club

Ricard Serlavós ESADE Alumni People & Organisation Management Club

Alberto Gimeno y M. José Parada ESADE Alumni Family Business Club

Joan Massons ESADE Alumni Finance Club

Antonio Delgado ESADE Alumni Cultural and Creative Industry Club

Jordi Fabregat ESADE Alumni Real Estate Club

Carles Torrecilla ESADE Alumni Marketing Club

Jaume Hugas ESADE Alumni Operations Club

Manel Peiró ESADE Alumni Health & Pharma Club

Josep Santacreu ESADE Alumni Insurance Club 142 ESADE ALUMNI

MOST NOTEWORTHY EVENTS

MATINS ESADE AND DESAYUNOS ESADE

Matins ESADE Desayunos ESADE • 970 participants • 580 participants • 10 sessions • 8 sessions

These sessions are organised by ESADE Alumni and These sessions are held on the Madrid campus and are sponsored by Bluecap and La Vanguardia, enabling sponsored by Quonext. The distinguished guests in this alumni to share their experiences and learn from academic year's Desayunos ESADE included: the careers of other professionals, CEOs, presidents and general managers. Distinguished guests in this — John de Zulueta, President, Círculo de Empresarios academic year’s Matins ESADE included: — Luis Pardo, CEO and Executive Vice President, Sage Iberia — Richard Weissend, Executive President, Heineken — Santiago Solanas, Vice President for Southern Spain Europe and EMEAR Region, Cisco — Octavio Ibarra, President, CLADEA — Rosa García, President and CEO, Siemens Spain — Genís Roca (EMBA 02), President, RocaSalvatella — Adolfo Ramírez-Escudero, CEO, CBRE Spain — Xavier Orriols, Senior Vice President for Europe and — Fuencisla Clemares, Director General, Google Spain Sub-Saharan Africa, PepsiCo and Portugal — Xavi Pons, General Manager, Mars Iberia — Celestino García (AMP 14), Corporate Vice — Jaime Carvajal, Partner and CEO, Arcano Partners President, Samsung Spain — Javier Sánchez-Prieto (DHD 03), President and CEO, — Chema Alonso, CDO, Telefónica Vueling — Ángel Simón (EDIEF 87 / FGAP 84), Executive President, Agbar — Ramón Martín (MBA 97), CEO, Ricoh Spain and Portugal — Carlos Torres, CEO, BBVA ANNUAL REPORT 143

REFRESHER PROGRAMMES — 22nd ESADE Alumni Annual Conference in Barcelona (07/05/2018): 2,000 alumni attending These sessions apply the Student First methodology, The conference included an interview with Hiroshi the new educational model ESADE has implemented Mikitani, the Founder, President and CEO of Rakuten in its classrooms. Students are the centre of the Inc., by Pedro Parada (PhD 03), Director of the ESADE educational experience, and they are encouraged to Department of Strategy and General Management and prepare for the in-class sessions beforehand: Reading a member of the ESADE Alumni Board of Directors. The case studies and articles and watching videos to then conference finalised with a solidarity-based concert by discuss them in detail in class. the groups, ESADE Musicians and The Tutsies, in which attendees were asked to make voluntary donations to Sesiones: 33 the #ESADEgoesPink campaign. Participants: 2,412 — 1st ESADE Alumni Forum in Latin America (Peru, 21/04/18): 186 participants LIST OF PARTICIPATING FACULTY Innovation was the focus of this forum as reflected in its name, Innovar para sobrevivir en un entorno empresarial Núria Agell, Bart de Langhe, Carles Roig (MIM 87), global (“Innovation to Survive in a Global Business Josep Sayeras (Lic&MBA 93/Doct 06), Juan Pedro Setting”). Participants included ESADE professor, Aznar, Javier Fontcuberta (EDP 06), Andrés Raya Luis Vives, an expert in innovation and strategy. The (MBA 89), Francisco Loscos (MBA 91), Jaime Castelló forum also included several roundtable discussions (EMBA 03 / Retail Marketing 05), Miquel Noguer dedicated to topics such as digital transformation and (Lic&MBA 93), Luisa Alemany, Oriol Iglesias (Lic&MBA the challenges senior management faces. 98 / PhD 06), José M. de Areilza, Sergi Corbeto (EDIK 98), F. Xavier Mena, Xavier Mir, Norbert Monfort, — 4th International ESADE Alumni Conference (Paris, David Bertomeu, María José Parada (PhD 16 / MBA 30/06/28): 75 participants 01), Àngel Castiñeira (ADE 95), Ivan Bofarull (Lic&MBA Josep Franch (Lic&MBA 84 / PhD 05), Dean of 97), Joan Riera (Lic&MBA 99), Giuseppe Mazziotti, ESADE Business School and Professor in the ESADE Pau Virgili, Xavier Ferrás (MBA 02), Richard Boyatzis, Marketing Department offered a masterclass Carlos Royo, Joan Plans, José M. Remacha, Glòria entitled Los desafíos de internacionalizar las marcas Batllori (Lic&MBA 85), Jaume Hugas (MBA 88), Lluís globales (“The Challenges of Internationalising Martínez-Ribes (Lic&MBA 76) and David Velázquez. Global Brands”). This was followed by a roundtable discussion with four ESADE alumni. — 5th Annual Conference of the ESADE Alumni ANNUAL CONFERENCES Girona Club, with Carles Torrecilla — 6th Annual Conference of the ESADE Alumni The annual conferences are the reference get-togethers Balearic Islands Club, entitled Innovación en for alumni around the world. turismo (“Innovation in Tourism”)

th — 11th ESADE Alumni Annual Conference in Madrid — 10 Annual Conference of the ESADE Alumni (20/03/2018): With nearly 1,000 alumni attending Lleida Club, with Josef Ajram This annual conference included an interview with — 7th Annual Conference of the ESADE Alumni François Nuyts, Vice President of Amazon and Andalusia, with Pilar Jericó Country Manager of Amazon.es and Amazon.it, — 7th Annual Conference of the ESADE Alumni by Josep Salvatella (EMBA 04), a member of the Aragon Club, entitled Nuevas tendencias en los ESADE Alumni Board of Directors. The conference negocios deportivos (“New Trends in Sports- ended with a short talk by the musician and related Businesses”) producer, Carlos Jean, regarding his idea of what — 19 th Annual Conference of the ESADE Alumni innovation is. Community of Valencia Club, with Olga San Jacinto 144 ESADE ALUMNI

DIGITAL NETWORK

Online communications channels have become the primary means with which to communicate with alumni. Communication has become increasingly specialised and customised based on users’ behaviours and interests.

Launch of the ESADE Alumni app

In addition to being an increasingly global network, the world is increasingly digital and connected. For this, the new ESADE Alumni app has become and will continue to represent a key solution to this challenge. The aim is to help alumni to make the most of the networking opportunities available, no matter where they are in the world.

Benefits of the new app:

— Geo-location: Finding other alumni and events nearby.

— Networking: Seeing the list of registered event participants, find contacts, save friends, etc.

— Speed: Everything is so much easier now: Registering for events, searching for people, updating data via LinkedIn, etc. In addition, members can check themselves in at events. Simply by showing the app, they can now enter directly, without having to wait in line. ANNUAL REPORT 145 Economic information ANNUAL REPORT 147

The Rambla of Innovation and the new digital pedagogical model and academic management system represent ESADE’s key investments in 2018. Their objective: To help ESADE continue to be competitive in the international market.

ESADE’s economic robustness and its continued generation of income CHANGE will allow it to move forward and meet its strategic objective of becoming IN INCOME a worldwide academic institution of reference. In this respect, ESADE’s firm wager on innovation in all manner of educational formats and programmes have guided its investments this academic year. €109.29 M Worth noting amongst all these investments is the Rambla of Innovation, 2017-2018 academic year now open with five different labs. Between 2016 and 2018, ESADE dedicated nearly €2 million to these new facilities. Since their launch a few months ago, students and Faculty have rated the labs highly, supporting ESADE’s in-depth pedagogical transformation. €103.69 M Other noteworthy investments include the CORE Project, which will 2016-2017 academic year completely change the technological infrastructure for the institution’s academic management as of August 2019, and ESADE’s growing investment in its Scholarship Programme to capture talent and launch its new hybrid Executive Education programmes. These all represent €98.89 M key priorities for ESADE. Details are provided in the various dedicated chapters in this Annual Report. 2015-2016 academic year

Focusing solely on the economic dimension, ESADE’s gross income during the 2017-2018 academic year totalled €109.29 million, representing a 5 % increase with respect to the previous year and with solid sales figures in every business area. The institution’s profits increased to €5.23 million, generating nearly €10 million in cash flow.

Significant investments were as follows: €3.4 million in the Rambla of Innovation over the last two academic years; 5.1 million dedicated to the CORE Project (academic management), of which €1.4 million corresponded to the 2017-2018 academic year; and €2.8 million to the BRIDGE Project (a single and transversal CRM system). GRI 102-7 / GRI 102-45 / GRI 201-1 / GRI 103-2 / GRI 103-3 / GRI 103-2 GRI / GRI 102-45 201-1 102-7 148 ECONOMIC INFORMATION

2017-2018 INCOME INCOME STATEMENT BALANCE SHEET: ASSETS

€109.29 M €109.29 M €83.26 M Gross income Total income Non-current assets • €75.58 M Fixed assets €-9.44 M • €7.68 M Long-term financial €9.44 M Scholarships, grants and bonuses investments Scholarships, grants and bonuses €99.85 M €72.58 M Net income Current assets €99.85 M • €9.60 M Recivables Net income €-53.00 M • €17.90 M Short-term financial • €45.36 M Business School Personnel expenses investments • €35.28 M Executive Education • €45.08 M Cash • €16.21 M Law School €-36.79 M • €3 M Research Overhead €155.84 M Total assets

2017-2018 Fundraising €10.05 M €2.86 M Total contributions EBITDA BALANCE SHEET: LIABILITIES

€-4.18 M €55.07 M Depreciation and amortisation Net Worth • €40.26 M Foundational funds €5.87 M + Reserves Operating profit • €5.23 M Fiscal year results • €9.58 M Grants and donations €-0.64 M Financial result and provisions €22.25 M Non-current liabilities €5,23 M Final result • €22.25 M Long-term debt

€78.52 M Current liabilities • €62.66 M Prepayments and deferred income • €15.86 M Other debt

€155.84 M Total liabilities GRI 102-7 / GRI 102-45 / GRI 201-1 / GRI 103-2 / GRI 103-3 / GRI 103-2 GRI / GRI 102-45 201-1 102-7 ANNUAL REPORT 149 Appendices

Appendix 1 Student First: An active Methodology

Appendix 2 About this Annual Report as a GRI G4 Reporting Process

Appendix 3 GRI Content Index

Appendix 4 Principles of the United Nations Global Compact ANNUAL REPORT 151

APPENDIX 1. STUDENT FIRST: AN ACTIVE METHODOLOGY

INNOVATION IN THE EDUCATIONAL METHOD Executive Education is working on the production of two online executive master’s programmes (Finance, The top priority set out in ESADE’s 2014-2018 Strategic and Marketing and Sales) in collaboration with Global Plan is to offer our students and participants a unique, Alumni. A total of 20 projects have been carried out. innovative and transformative educational experience. In order to achieve this aim, we have concentrated A new open programme called Digital Marketing the efforts of the entire institution into the Student (1st edition) was piloted in May. First initiative. In addition to the Student First innovation projects Student First is a group effort. Educational innovation that have been implemented within the framework actions are carried out by ESADE’s various centres: of different subjects, ESADE has also designed a new ESADE Business School, ESADE Law School and learning ecosystem that confirms the institution’s Executive Education. As explained below, each of commitment to reinventing its educational model, these centres has its own content and nuances. The meeting new demands and rising to the challenges of Center for Educational Innovation (CEI) provides the future. These Student First spaces – the eRoom and guidance and transversal support, which extend to all the Rambla of Innovation – make it possible to establish areas overseen by the Dean of Faculty and Research. more active and creative learning dynamics, track Some corporate units – such as the ICT Service, students’ progress in a more personalised manner, use Communication and Brand, and Corporate Relations– technology to facilitate interaction, collaboration and have participated intensely in the initiative, although discussion in groups or as a whole class, and develop practically all units have taken part by supporting innovative and more participatory work dynamics. specific projects.

Educational activity is configured as a two-way system SUPPORT AND TRAINING IN STUDENT FIRST in which faculty co-build and share responsibilities in the learning process with the students and participants As we know, every change entails a learning process. enrolled in their courses. This arrangement mimics Our Faculty have contributed decisively to the Student the complexity of the professional and executive First project by generating learning experiences and environments that our alumni will eventually have to by sharing their experiences with the transformation navigate. Moreover, companies regularly take part and implementation of subjects with a Student First by presenting real-life challenges in our classrooms. redesign. Our Lunch & Teaching sessions have provided a forum for faculty to share their experiences and to reflect on their teaching and learning processes in INNOVATION IN THE PHYSICAL relation to Student First. AND TECHNOLOGICAL ENVIRONMENT The following were organised during the 2017-2018 During the 2017-2018 academic year – the third year academic year: of the Student First project and the second year of • 7 CEI/ICT workshops on the use of the eRoom the “production” phase – ESADE Business School (attended by 25 Faculty members) and ESADE Law School have seen the development • 3 sessions for sharing Student First-related teaching of 56 innovation projects in subjects belonging to experiences (attended by 29 people) various programmes and encompassing a wide range • 1 workshop on case-based teaching (attended by 13 of disciplines, all with the aim of incorporating the Faculty members) flipped-learning methodology into our classrooms. A • 18 training sessions on how to use authoring tools to total of 65 faculty members and 6,369 students have create original multimedia learning materials (attended been involved in these projects. by 27 Faculty members) 152 APPENDICES

INNOVATION INTERNAL AND EXTERNAL IN CONTENT AND PROGRAMMES COMMUNICATION

Student First has had a transformational effect on our Once the ESADE community had become familiar methodology, academic content and values, with the with Student First and the methodology applied to aim of training people who will act responsibly in both enrich the student experience, we started sending their personal and professional lives. out monthly newsletters to keep faculty and staff abreast of developments in the project. With this commitment, the office of the Dean of ESADE Business School has led various initiatives involving the Moreover, student involvement is essential to intensive use of technology and techniques for complex accelerate the transformation of the educational creative processes, challenges and experimentation, experience in our programmes. Along these lines, with the aim of providing the experience of applying we have worked to design a communication and academic content in a professional environment. involvement strategy specifically targeting students. A meeting held with programme representatives led In addition, a specific module oriented towards to the introduction of a series of measures that are comprehensive training and ESADE values was currently under development. introduced in the Bachelor of Business Administration (BBA). Third-year students were provided with a new, more functional scenario that entailed greater FACULTY DEVELOPMENT intensity and continuity of content. Synergies were generated between subjects, providing a development We have continued to carry out training and guidance environment that enabled students to hone their activities to assist Faculty members in the creation group-work skills. Finally, an end-of-programme of multimedia materials and/or in the modification module was created in the last year of the BBA to give of learning dynamics in their subjects through the students an opportunity to apply their knowledge and flipped-learning method. These activities, as well as skills to a specific challenge. This module provides an others organised within the framework of the hybrid environment that encourages students to reflect on the executive master’s programmes with the support of aspects of leadership and values that they have applied Global Alumni, are changing the way in which our during their study-abroad and internship experiences. Faculty approach their teaching activities. We hope that these changes lay the groundwork for deeper Meanwhile, ESADE Law School has developed various progress in the transformation of the learning initiatives designed to help students sharpen their skills experiences offered by our programmes. for communication, environment analysis and public speaking in a setting that mimics the contexts in which these future professionals will eventually build their careers: parliamentary chambers (accompanied by political representatives) and international environments.

Renewal efforts are also underway in Executive Education. This unit has followed a line of work focused on innovation in the physical and technological environments and created two hybrid executive master’s programmes. Distinctive features of these programmes include the digitalisation of subject content, methodological reflection on online teaching, intensive use of technology and innovative dynamics, all with the aim of providing participants with an extraordinary educational experience. MEMORIA ANUAL 153 154 APPENDICES

APPENDIX 2. ABOUT THIS ANNUAL REPORT AS A GRI REPORTING PROCESS

We have prepared this Annual Report in keeping with the Global Reporting Initiative (GRI) framework. The aim of the latter is to help to foment a global and sustainable economy in which organisations responsibly manage their economic, social and environmental performance as well as their impact, all through transparent reporting. For the 2017-2018 Annual Report, we applied the new version of the GRI Standards, whose norms are dictated by the independent GRI body, the Global Sustainability Standards Board (GSSB). These standards represent a globally applicable framework designed to promote standardised annual reports, encouraging the degree of transparency and consistency required to ensure that the information that markets and society receive is both credible and useful.

The GRI Standards criteria underscore the importance for organisations to focus on the elements that their respective stakeholders consider fundamental. This approach implies that the annual reports should centre on those issues that are truly critical to achieve the organisation’s sustainability goals and to manage its social and environmental impact.

We have thus drafted this Report based on participation by our key stakeholders who have defined our basic priorities and lines of action. On 14th November, 2017, we organised a new stakeholder panel as part of the ESADE Social Responsibility (E-SR) programme.

STAKEHOLDER PARTICIPATION

As part of the strategic CSR planning process, we defined a specific plan to gather the opinions of ESADE’s key stakeholders. The aim was to enrich our understanding of the needs, expectations and challenges we have to address to achieve our objectives.

We defined a three-phase internal process for this: Analysis, strategy and action plan. 117 people from within the organisation participated.

Details on the external stakeholders consulted are included in the following map. GRI 103-1 ANNUAL REPORT 155

STAKEHOLDER MAP

RECRUITERS CORPORATE INTERNAL PROFESIONAL PARTNERS ACADEMIC ADVISORY COMMUNITY BOARDS

EXTERNAL INTERNATIONAL ACADEMIC ADVISORY COMMUNITY BOARD (IAB)

PUBLIC DONORS ADMINS

ASSEMBLY OF MEDIA TRUSTEES

Not a priority

OTHERS ALUMNI Involvement prioritised

Note: The views of companies/executives URL STUDENTS are included in those of professional UNJIES advisory boards, IAB, recruiters, donors and alumni.

To make the stakeholder engagement process as efficient as possible, we first defined the key information to be obtained from each stakeholder group. Some examples follow:

- Universitat Ramon Llull (URL) and the Association of Spanish Jesuit Universities (UNIJES): Institutional priorities and relationship with UNIJES. - Professional advisory boards and the International Advisory Board: Needs, market expectations and good practices. - Alumni: Improve their sense of belonging and social projection. - Recruiters: Improve graduates’ employability and detect job market trends.

We also applied different techniques such as workshops, focus groups and dedicated sessions to regularly listen to the different stakeholder voices and obtain their input. In terms of the panel mentioned above held on 14th November, Ignasi Carreras, Director of the Institute for Social Innovation, served as its moderator, distributing the work into three blocks: Social E-SR, Environmental E-SR and Future E-SR. Representatives from each block then presented the ideas, proposals and recommendations identified in all three blocks, helping us to define the key elements requiring further development. GRI 102-40 / GRI 102-41 / GRI 102-42 / GRI 102-43 / GRI 102-44 / GRI 102-46 / GRI 102-47 / GRI 102-48 103-1 GRI 102-40 / 102-41 102-42 102-43 102-44 102-46 102-47 156 APPENDICES

REPORT CONTENT

To define the content to be included in the 2017-2018 Annual Report, we took into account: First, the issues mentioned by the different stakeholders in the various meetings organised with them; second, our mission, vision and declaration of values; third, the key lines of action in keeping with our mission (education, research and social projection); and, fourth, the basic information expected of a higher-education institution at the international level.

The definition of the report’s different components and indicators stems from the work carried out for previous annual reports, though enriched with the results of consulting with participants in the 3rd Stakeholder Forum held at ESADE in November 2017 as well as all the information gathered in the two prior forums. The following key components were thus identified:

ECONOMIC ASPECTS: • The institution’s economic data

ENVIRONMENTAL ASPECTS: • Environmental policy

LABOUR PRACTICES AND WORK ETHICS: • Employment and labour practices • Development of human capital • Equal opportunities and diversity

HUMAN RIGHTS: • Mission, vision and values • Code of Conduct/Code of Ethics

SOCIETY: • Social projection and debate • Social action and cooperation

TRAINING, RESEARCH AND JOB PLACEMENT: • Scholarship policy • Research and knowledge GRI 102-41 / GRI 102-47 / GRI 103-1 GRI 102-41 / 102-47 ANNUAL REPORT 157

As an academic institution, our stakeholders evolve over time. Students become alumni as well as executives in contracting companies and donors. This may result in some identified issues and concerns being fairly homogenous amongst the different internal and external stakeholders.

In preparing the 2017-2018 Annual Report, we also took into account the 10 UN Global Compact Principles and the Principles for Responsible Management Education (PRME). GRI 103-1 158 APPENDICES

The GRI Content Index Service was performed on the Spanish version of the report.

APPENDIX 3. GRI TABLE OF CONTENTS

GRI Response External Standard/Content page/Direct verification responses

GRI 101: FONDATION 2016 GRI 102: GENERAL DISCLOUSURES 2016

ORGANISATIONAL PROFILE

102-1 Name of the organisation Front Cover

102-2 Activities, brands, products and services 13 _

102-3 Location of headquarters Back Cover _

102-4 Location of operations 111 _

102-5 Ownership and legal form 127-128, 130-132 _

38, 42, 46, 100, 102-6 Markets served _ 101

102-7 Scale of the organisation 6, 7, 147, 148 _

102-8 Information on employees and other workers 13, 107 _

Typical supply chain of an 102-9 Supply chain academic institution

102-10 Significant changes to the organisation and its supply chain 11, 12 _

Not pertinent to an 102-11 Precautionary principle or approach academic institution

102-12 External initiatives 18, 102 _

102-13 Membership of associations 18, 102 _ GRI 102-55 ANNUAL REPORT 159

GRI Response page/Direct External Standard/Content responses verification

STRATEGY

102-14 Statement from senior decision-maker 8, 9 _

ETHICS AND INTEGRITY

102-16 Values, principles, standards and norms of behaviour 17 _

102 -17 Mechanisms for advice and concerns about ethics 20 _

GOVERNANCE

102-18 Governance structure 127-128, 130-132 _

STAKEHOLDER ENGAGEMENT

102-40 List of stakeholder groups 155 _

102-41 Collective bargaining agreements 156 _

102-42 Identifying and selecting stakeholders 155 _

102-43 Approach to stakeholder engagement 155 _

102-44 Key topics and concerns raised 155 _

REPORTING PRACTICE

102-45 Entities included in the consolidated financial statements 147-148 -

102-46 Defining report content and topic boundaries 155 _

102-47 List of material topics 156 _

102-48 Restatements of information 155 _

102-49 Changes in reporting No changes _

102-50 Reporting period 2017-2018 academic year _

102-51 Date of most recent report 2017-2018 academic year _

102-52 Reporting cycle Annual _

102-53 Contact point for questions regarding the report 164 _

This report was prepared in 102-54 Claims of reporting in accordance with the GRI Standards accordance with the “Core” _ option of the GRI Standards.

102-55 GRI content index 158-163 _

102-56 External verification Not externally verified _ GRI 102-55 160 APPENDICES

GRI Response page/Direct External Standard/Content responses verification

MATERIAL TOPICS

ECONOMIC STANDARDS DECONOMIC PERFORMANCE GRI 103: MANAGEMENT APPROACH 2016

103-1 Explanation of the material topic and its boundary 154-157 _

103-2 The management approach and its components 109, 147-148 _

103-3 Evaluation of the management approach 109, 147-148 _

GRI 201: DESEMPEÑO ECONÓMICO 2016

201-1 Valor económico directo generado y distribuido 147-148 _

Obligaciones del plan de beneficios definidos y otros planes 201-3 109 _ de jubilación

ESTÁNDARES MEDIOAMBIENTALES MATERIALS GRI 103: MANAGEMENT APPROACH 2016

103-1 Explanation of the material topic and its boundary 154-157 _

103-2 The management approach and its components 28 _

103-3 Evaluation of the management approach 28 _

GRI 301: MATERIALS 2016

301-1 Materials used by weight or volume 28 _

ENERGY GRI 103: MANAGEMENT APPROACH 2016

103-1 Explanation of the material topic and its boundary 154-157 _

103-2 The management approach and its components 28-29 _

103-3 Evaluation of the management approach 28-29 _ GRI 102-55 ANNUAL REPORT 161

GRI Response page/Direct External Standard/Content responses verification

GRI 302: ENERGY 2016

302-1 Energy consumption within the organisation 28 _

302-4 Reduction of energy consumption 29 _

WATER GRI 103: MANAGEMENT APPROACH 2016

103-1 Explanation of the material topic and its boundary 154-157 _

103-2 The management approach and its components 28 _

103-3 Evaluation of the management approach 28 _

GRI 303: WATER 2016

303-1 Water withdrawal by source 28 _

EFFLUENTS AND WASTE GRI 103: MANAGEMENT APPROACH 2016

103-1 Explanation of the material topic and its boundary 154-157 _

103-2 The management approach and its components 28 _

103-3 Evaluation of the management approach 28 _

GRI 306: EFFLUENTS AND WASTE 2016

306-2 Residuos por tipo y método de eliminación 28 _

ENVIRONMENTAL COMPLIANCE GRI 103: MANAGEMENT APPROACH 2016

103-1 Explanation of the material topic and its boundary 154-157 _

103-2 The management approach and its components 28 _

103-3 Evaluation of the management approach 28 _

GRI 307: CUMPLIMIENTO AMBIENTAL 2016

307-1 Non-compliance with environmental laws and regulations 28 _ GRI 102-55 162 APPENDIXESAPPENDICES

GRI Response page/Direct External Standard/Content responses verification

SOCIAL STANDARDS EMPLOYMENT GRI 103: MANAGEMENT APPROACH 2016

103-1 Explanation of the material topic and its boundary 154-157 _

103-2 The management approach and its components 52-56, 109-110 _

103-3 Evaluation of the management approach 52-56, 109-110 _ GRI 401: EMPLOYMENT 2016

401-1 New employee hires and employee turnover 52-56 _

Benefits provided to full-time employees that are not provided to 401-2 109-110 _ temporary or part-time employees

401-3 Parental leave 110 _ OCCUPATIONAL HEALTH AND SAFETY GRI 103: MANAGEMENT APPROACH 2016

103-1 Explanation of the material topic and its boundary 154-157 _

103-2 The management approach and its components 110 _

103-3 Evaluation of the management approach 110 _ GRI 403: OCCUPATIONAL HEALTH AND SAFETY 2016

Workers representation in formal joint management–worker health 403-1 110 _ and safety committees Health and safety topics covered in formal agreements 403-4 110 _ with trade unions TRAINING AND EDUCATION GRI 103: MANAGEMENT APPROACH 2016

103-1 Explanation of the material topic and its boundary 154-157 _

103-2 The management approach and its components 109 _

103-3 Evaluation of the management approach 109 _ GRI 404: TRAINING AND EDUCATION 2016

404-1 Average hours of training per year per employee 109 _

Programmes for upgrading employee skills and transition assistance 404-2 109 programmes _ GRI 102-55 ANNUALMEMORIA REPORT ANUAL 163

GRI Response page/Direct External Standard/Content responses verification

DIVERSITY AND EQUAL OPPORTUNITY GRI 103: MANAGEMENT APPROACH 2016

103-1 Explanation of the material topic and its boundary 154-157 _

103-2 The management approach and its components 107, 127-, 128, 130-131 _

103-3 Evaluation of the management approach 107, 127-, 128, 130-131 _

GRI 405: DIVERSITY AND EQUAL OPPORTUNITY 2016

405-1 Diversity of governance bodies and employees 107, 127-, 128, 130-131 _

HUMAN RIGHTS ASSESSMENT GRI 103: MANAGEMENT APPROACH 2016

103-1 Explanation of the material topic and its boundary 154-157 _

103-2 The management approach and its components 26, 50 _

103-3 Evaluation of the management approach 26, 50 _

GRI 412: HUMAN RIGHTS ASSESSMENT 2016

412-2 Employee training on human rights policies or procedures 26, 50 _

LOCAL COMMUNITIES GRI 103: MANAGEMENT APPROACH 2016

103-1 Explanation of the material topic and its boundary 154-157 _

103-2 The management approach and its components 30-31 _

103-3 Evaluation of the management approach 30-31 _

GRI 413: LOCAL COMMUNITIES 2016

Operations with local community engagement, impact assessments, 413-1 30-31 _ and development programmes GRI 102-55 164 APPENDIXESANEXOS ANNUALMEMORIA REPORT ANUAL 165

APPENDIX 4. PRINCIPLES OF THE UNITED NATIONS GLOBAL COMPACT

Principles Related points Page in the Report

1 Businesses should support and respect the • Access to training for workers - ESADE Training 109 protection of internationally proclaimed human • Mission and vision 17 rights within their area of influence. • Declaration of values 17 • Social action and cooperation 30-31 • World Refugee Day 31 • The ESADE Challenge for Talent 117

2 Businesses should make sure that they are not • Projects under the SR-E Master Plan 21-22 complicit in human rights abuses. • Transparency and accountability 27, 32, 108 • Big Challenges social debate forums 25, 72

3 Businesses should uphold the freedom of • Collective agreement and workers’ committee 109 association and the effective recognition of the • “Dialogues and Gatherings” spaces 108 right to collective bargaining. • Internal communication (various channels) 108

4 Businesses should support the elimination of all • Work-life balance and guidance 110 forms of forced and compulsory labour. • Social benefits 109 • Orientation plan 109

5 Businesses should support the effective abolition Given the type of activity carried out by the of child labour. institution, there is no risk of child labour. By becoming a signatory to the 10 principles of the Global Compact, ESADE has made a clear commitment to the eradication of child labour.

6 Businesses should support the elimination of • Social Responsibility Master Plan 21-22 discrimination in respect of employment and • Mission, values and vision 17 occupation.

7 Businesses should support a precautionary • Actions to reduce energy consumption 29 approach to environmental challenges. • Initiatives to reduce environmental impact 29 • Stop Food Waste campaign 28 • Initiatives to promote and improve digital mobility 112

8 Businesses should undertake initiatives to • Awareness-raising campaigns 28-29 promote greater environmental responsibility. • Measurement of changes in energy consumption 28 • Annual Conference of the Institute for Social Innovation 25

9 Businesses should encourage the development • Development of technological platforms to and diffusion of environmentally friendly promote online and network-based work: technologies. new research repository system (FacultyBio), webinars, adaptation of mobile devices, etc. 112 • Social mission of ESADE’s research 59

10 Businesses should work against corruption in all By becoming a signatory to the 10 principles of the its forms, including extortion and bribery. Global Compact, ESADE explicitly and publicly rejects corruption and extortion. GRI 102-55 printed editionoftheAnnual Report. to theenvironment, thiswillbethelast In keeping withESADE's commitment Printing: CeGe Barcelona Photographs: Miquel Coll andtheESADE photo archive Graphic design:Vänster andLei /www.vansterandlei.com Legal deposit:DLB7107-2018 sustainably managedforests. produced usingtrees from environmentally-friendly paper This document isprinted on comunicacioninterna@esade.edu improvement, kindlycontact: have anycommentsorsuggestions for the greatest possiblecare. Should you was prepared withutmost rigour and make thisproject areality. Thereport grateful to everyone whohelpedto and preparing thisAnnual is Report The team responsible for coordinating ACKNOWLEDGEMENT

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GRI 102-53 BACKCOVER: GRI 102-3 BARCELONA · PEDRALBES CAMPUS Av. Pedralbes, 60-62 08034 Barcelona (Spain) Tel. 34 932 806 162 Fax. 34 932 048 105

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Through training, research and social debate, ESADE works to inspire“the futures” of people with the potential to become competent professionals in business and law, as well as socially responsible citizens.