Tag: Integrated Reporting
Non-execs need the right skills for effective integrated reporting
Integrated reporting is gaining in popularity, but it needs the right skills among non-executives if their credibility is to be enforced, writes Prof. Carol Adams, professor of accounting at Durham University.
Sustainable development means securing the future of business
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.
FTSE350 governance compliance rises, while stakeholder engagement low
FTSE350 companies are following the UK Corporate Governance Code, but details about stakeholder engagement and other governance areas are sketchy, finds Grant Thornton.
Lady Lynn Forester de Rothschild heads IIRC convention line-up
Annual convention of the International Integrated Reporting Council includes coverage of breakthroughs from around the world on integrated reporting and its impact on markets.
Annual reports swell in size and content improves, but work to be done
Despite FTSE350 annual reports swelling by 25%, their content is better aligned to stakeholder requirements, and is more “joined up”, though disclosures need to focus on “actions and outcomes, rather than just processes”.
Human capital disclosure – resist, comply or exploit?
Efforts to improve global reporting on human capital management represents a major shift in corporate governance, and offers companies a competitive advantage that no board should ignore.
IIRC marks advances in integrated reporting, but ‘work to be done’ in US
The International Integrated Reporting Council’s annual report reveals an expansion of its network and celebrates bringing China on board, but concedes there is still work to be done in the US.
Fiduciary duties must include ‘sustainability risk’, says EU group
The EU’s special expert group concludes that directors’ fiduciary duties should include managing long-term sustainability risk.
Integrated implementation: Tim Haywood
Interserve has become a golden example of integrated reporting. Group finance director Tim Haywood talks about the pain of implementing integrated reporting, and the need for measures of substance.
Long-term thinking: a key principle of 21st-century governance
The shift to integrated reporting may not be easy, but Richard Howitt of the International Integrated Reporting Council argues that if we are to create long-term value, it is crucial to embed it as a key governance principle.