One of the Netherland’s leading banks has been engaging with integrated thinking and shaping their business model and strategy through it since 2014. ABN AMRO identified the importance of a value creation strategy, which focuses on financial and pre/non-financial drivers that affect and are affected by the bank, such as manufactured, human and intellectual. By …
The International Integrated Reporting Council has today [23 September 2020] welcomed the publication of the report by the World Economic Forum, in partnership with Deloitte, EY, KPMG and PwC, ‘Towards Common Metrics and Consistent Reporting of Sustainable Value Creation’. The report is a welcome step towards identifying metrics that can support effective long-term sustainable value …
IFAC, the global voice of the accountancy profession, today called for the creation of a new sustainability standards board that would exist alongside the IASB under the IFRS Foundation. The proposed board would address the urgent and growing demand from investors, policy makers and regulators for a reporting system that delivers consistent, comparable, reliable, and …
Five global organizations, whose frameworks, standards and platforms guide the majority of sustainability and integrated reporting, today announce a shared vision of what is needed for progress towards comprehensive corporate reporting – and the intent to work together to achieve it. Transparent measurement and disclosure of sustainability performance is now considered to be a …
Today, the IIRC has joined forces with CDP, CDSB, GRI and SASB to provide a shared vision for a comprehensive, globally accepted, corporate reporting system that includes both financial accounting and sustainability disclosure connected via integrated reporting. There has never been a more important time for the principles and concepts of integrated reporting to be …
There are just 13 days left to respond to the IIRC’s consultation on revisions to the International Integrated Reporting Framework. Feedback is encouraged through our online survey: www.integratedreporting.org/2020revision The consultation focuses on two key revisions: How those charged with governance take responsibility for the integrated report How to ensure businesses report effectively on outcomes/impacts – both …
The latest news and developments. In this newsletter published August 2020: Last chance to share your thoughts: International <IR> Framework consultation closes 19 August Charles Tilley to continue as CEO New guidance: How businesses can adopt a long-term value creation agenda IIRC Global Conference 2020 now fully virtual IVO Capital Partners joins leading investors in …
In 2014, the European Commission identified integrated reporting as ‘one step ahead’ of the Non-Financial Reporting Directive. Hundreds of businesses across Europe should be commended for taking this step in the intervening years, with many of Europe’s largest businesses successfully embedding integrated thinking and reporting into the way they do business. Driven by the desire …
IVO Capital Partners has signed the IIRC’s investor statement, signalling its support for integrated reporting and encouraging companies to use the International <IR> Framework to communicate effectively. The statement, already signed by over 20 investor organizations from around the world, demonstrates the demand for integrated reporting by investors internationally – as they call for focused, strategic information on …
The ACCA Insights division has released a podcast focusing on the Sustainable Development Goals Disclosure (SDGD) Recommendations, authored by Carol Adams, Professor of Accounting, with Paul Druckman and Russell Picot, Honorary Professors at Durham University Business School, which offer a new approach for businesses and other organizations to address sustainable development issues. The Recommendations attempt …