In the first edition of Integrated Reporting published in September last year, we presented a series of short articles by some of our experts to explain what Integrated Reporting is, why senior executives and non-executives should be interested and recent developments in the evolution of Integrated Reporting.
Since then, the consultation on the International Integrated Reporting Council’s (IIRC’s) Discussion Paper has closed and the IIRC has issued a summary of the responses, its Pilot Programme has gained momentum and the IIRC is moving forward with the development of an Integrated Reporting Framework which it intends to publish by the end of 2013.
In this second edition of Integrated Reporting, we start by explaining how Integrated Reporting can help organizations better explain their value creation story. We then review progress in South Africa where Integrated Reporting is already becoming a reality.
We also address some of the practical issues that companies may find on the Integrated Reporting journey. One of the most common questions raised by companies is “what does an Integrated Report look like?”. Michael Bray provides insight to this question, whilst Matt Chapman and Wim Bartels address the particular issue of corporate responsibility reporting within an Integrated Report and Mark Hoffman explains how Integrated Reporting principles can, and are being, adapted for Public Sector entities. Nick Ridehalgh considers the relevance of Integrated Reporting to good corporate governance and we end with answers to some commonly asked questions.
Whether you are actively pursuing Integrated Reporting within your own organization or simply looking to improve your existing corporate reporting, we hope that these short insights will help you on your journey to Better Business Reporting.