31 July, 2021

How 2020 has sparked acceleration to a comprehensive reporting system

This crisis year has underlined the importance of integrated reporting to achieving global financial stability and sustainable development.

Person placing final piece of jigsaw puzzle

Image: Kenishirotie/Shutterstock

2020 has undoubtedly been a crisis year. The global pandemic, climate change and the challenges of inequality and the infrastructure gap have tested organisations’ resilience like never before, and many have been forced to rapidly rethink their strategies and business models. The impact of Covid-19 has necessitated an urgent need for companies to look inward and reprioritise the well-being and safety of their employees and customers over financial profit. Part of this has sparked a paradigm shift: the allowance and facilitation of flexible working for employees and a focus on ensuring they have the right equipment in place to work effect

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Charles Tilley, climate change reporting, coronavirus, financial reporting, Integrated Reporting, International Integrated Reporting Council, non-financial reporting