Vincent Papa, director, financial reporting policy for CFA Institute, notes that CFA Institute looks at initiatives that enhance company-reported ESG information and how it is incorporated into investment analyses. To do that effectively you need high-quality information. You can read the complete article here.
It’s time to recognise that sustainable development is a strategic issue that can secure the future of business, as well as securing a better future for people and planet, says Jonathan Labrey of the IIRC. We need to turn our approach to sustainable development on its head. We need to get it out of our …
Shareholders and other stakeholders, large and small, are demanding more transparency from listed companies, well beyond the traditional, glossy annual report. Like many ASX listed companies, ANZ delivers two main reports: an Annual Report, focused primarily on the financial performance of the bank, and a Corporate Sustainability Review, focussed on the bank’s social and environmental …
The Malaysian Institute of Accountants (MIA) is a key advocate for integrated reporting in the Malaysian capital market. We have helped raise the profile of <IR> in Malaysia, since <IR> was identified as the way forward for effective disclosure of non-financial information in the Corporate Governance Blueprint 2011. <IR> milestones and drivers include the formation …
A new wave of global non-financial reporting is changing the way accountants tell the story of their companies. In a move being led by international investors and company boards, the way that accountants carry out reporting is changing worldwide. A trend towards non-financial reporting is the way of the future, and is set to become …
The Official Integrated Reporting Convention 2017 was held in October 2017 at Rai, Amsterdam, Netherlands. The theme of the convention was “Unlocking value for future-fit organisations”. The official convention was organized by the International Integrated Reporting Council (IIRC) headquartered in the UK. Sri Lanka had representations from CMA Sri Lanka President Prof Lakshman R Watawala; …
The UN Guiding Principles Assurance Guidance is the first human rights specific guidance to those who perform assurance either within a company on its human rights performance or externally on its human rights reporting. It is the culmination of a five-year multi-stakeholder project between Shift and international auditing, tax and consulting firm, Mazars. We came …
Integrated Reporting stimulates integrated thinking across a company, ultimately resulting in more holistic business decisions that will drive better business performance. Global trust in large businesses is waning, and recent studies show that trust is highest amongst people’s friends, neighbors, and communities – the places where small businesses thrive. In this environment, it might be …
India has emerged as the top country for reporting corporate responsibility information in the annual financial report of companies, but the quality of disclosures has to improve, according to a KPMG survey. Steps taken by the Securities and Exchange Board of India has helped the country score high on this parameter. In February, Sebi asked …
The recent report of the Securities and Exchange Board of India (SEBI) -appointed Uday Kotak Committee, alongside the two high-profile corporate battles of the past year – Ratan Tata versus Cyrus Mistry at Tata Sons in late 2016 and N.R. Narayana Murthy versus Vishal Sikka at Infosys in mid-2017 – have turned the spotlight squarely …