Since the IIRC was formed with the support of IFAC in 2010, the number of organizations using integrated reports to communicate their value creation story has increased, with now more than 2,500 businesses in over 70 countries implementing integrated reporting. While this is significant progress, to achieve greater confidence in integrated reporting, we believe assurance …
Momentum towards the creation of a comprehensive, holistic, global system for disclosure continues to build. Announcements from the IFRS Foundation’s strategic direction for sustainability reporting and the publication of EFRAG’s (European Financial Reporting Advisory Group) final reports are the latest developments signalling the urgent demand for convergence and consistency in reporting. Both have identified the important role …
The latest news and developments. In this newsletter published March 2021: Updates from IFRS Foundation and EFRAG: the role of integrated reporting and the IIRC You’re invited: Find out more about how the <IR> Framework and SASB Standards can work together A roadmap for accelerating integrated reporting assurance Integrated thinking in action: New case studies …
Recordings of the IIRC’s 2020 Global Conference are now available to access online. Catch up on: over 100 international market leaders from more than 40 countries providing their insights on the past and future of integrated reporting the latest plans for a holistic reporting system, including the IIRC’s intent to merge with SASB discussions and …
In January 2021, the IIRC published revisions to the International <IR> Framework to enable more decision-useful reporting. The process was shaped by two extensive consultations with 1,470 individuals in 55 jurisdictions. We have now published the <IR> Framework 2013/2021 comparison document to enable readers to clearly identify the changes that have been made to the 2021 …
Markets increasingly recognize that the ability of business to create value relies on more than financial capital alone. For proof, look no further than the growing gulf between a typical firm’s enterprise value and the net assets on its balance sheet. A major driver behind the International Integrated Reporting Council (IIRC) and Sustainability Accounting Standards …
The <IR> Business Network’s Integrated Thinking & Strategy Group publishes its latest case study on integrated thinking in action from ING. ING is a Dutch multinational banking and financial services corporation headquartered in Amsterdam. Founded in 1991, the bank has 53,000 employees and serves some 40 million customers, corporate clients and financial institutions in over …
Over the ten years of integrated reporting in South Africa, I have been asked many times as to what makes a ‘quality integrated report’. It is, for sure, the mindful adherence to the 19 requirements of the International <IR> Framework. It also stems from the organization’s intention of producing a meaningful and concise integrated report. …
The International Integrated Reporting Council (IIRC) welcomes IOSCO’s statement following its Board meeting of 24 February 2021 which underscores the urgent need for comprehensive globally agreed standards for sustainability disclosure that build on existing principles, frameworks and standards. IOSCO identifies the proposed Sustainability Standards Board (SSB) within the IFRS Foundation’s governance structure as the most suitable …
As an increasing number of businesses around the world implement integrated reporting as a route to long-term value creation and sustainable development, the demand for assurance services on such reports is expected to rise accordingly. To help meet this demand, and to increase confidence in integrated reporting, the International Federation of Accountants (IFAC) and the …