Traditional business management, based on financial analysis, has not kept pace with the seismic shifts taking place over the last thirty years. The value of intangible assets has now grown to over 84% of total market value for S&P 500 companies, according to analyst Ocean Tomo. Yet we persist in running our businesses on the …
The IIRC was founded in 2010 with the goal to provide tooling, modeling and thought leadership to represent how companies around the world work and measure success in the 21st century. The goal was to create a globally accepted framework for a process that results in communications by an organization about value creation over time. With …
In August, U.S. President Donald Trump tweeted, “In speaking with some of the world’s top business leaders I asked what it is that would make business (jobs) even better in the U.S. “Stop quarterly reporting & go to a six month system,” said one. That would allow greater flexibility & save money. I have asked …
The Principles for Responsible Investment (PRI) include among its commitments the undertaking by signatories that they will incorporate ESG issues into their practices and seek appropriate disclosure on ESG issues by the entities in which they invest. One practical illustration of this, not to be underestimated, is to simply ask investee entities during engagements: Do …
As Dominic Barton is announced as the new Chair of the IIRC Council, he sat down with the IIRC’s CEO, Richard Howitt, to discuss his vision for the future of integrated reporting globally, the role he sees himself playing in building momentum and the importance of multi-capitalism and long-termism in business today.
Dominic Barton, Senior Partner and former Global Managing Partner from 2009 to 2018 at McKinsey & Company, has been appointed Chair of the International Integrated Reporting Council (IIRC), the global body driving reform in company reporting. Mr. Barton will bring leading thinking on business strategy, the shift to long-term investment and on the future of …
In his introduction to Advance HE’s recent conference to launch its new report “Let’s talk value: How universities create value for students staff and society by Professor Carol Adams, Jonathan Labrey, Chief Strategy Officer, International Integrated Reporting Council, shared his perspective demonstrating the value universities create. There appears to be a real mismatch between the multi-dimensional value …
A series of ‘breakthrough’ moments have been named by the International Integrated Reporting Council (IIRC) in its 2017 integrated report published today (Thursday 13 September 2018), signalling the breadth of support for integrated reporting as it becomes embedded by businesses around the world. Integrated reporting has been established since 2010 as a broad-based framework for …
Jyoti Banerjee, strategic advisor to the IIRC, highlights that by adopting the principles of integrated thinking and reporting, universities can move away from a focus on reporting short term financial metrics to a multi-stakeholder approach which offers compelling narratives about their value. As CFO of Exeter University, Andrew Connolly is always seeking to balance the …
The IIRC Council Chair, Professor Judge Mervyn King, will be giving two key note address at the Corporate Directors Conference 2018 on Tuesday 18 September 2018 in Kuala Lumpur. Speaking on the subject, ‘value creation in the era of seismic disruption’, King will consider how the audit profession has reached a tipping point, arguing that …