<IR> perfect tool for CEOs to align with Larry Fink’s vision
Larry Fink, the CEO of the world’s biggest investor, BlackRock, has written to the Chief Executives of S&P 500 companies and large European organizations. His letter sets out a vision for tackling short-termism, urging companies to report on their strategy. In his letter, he reiterates that it is the responsibility of the board “to review, understand, discuss and challenge a company’s strategy.” This powerful call for change is a perfect example of what the IIRC is trying to achieve through the global introduction of Integrated Reporting. Commenting on the letter, Sandra Peters, Head of Global Financial Reporting Policy, CFA Institute said, “Efforts by the International Integrated Reporting Council to develop a framework for reporting value creation seem very much in-line with what Mr Fink is suggesting.”
Read More
Advocates of Integrated Reporting join Task Force on Climate-Related Financial Disclosures
The IIRC has welcomed the announcement on the membership of the Task Force on Climate-Related Financial Disclosures. Those joining the Task Force are at the forefront of a new understanding that financial information in isolation is insufficient to communicate the breadth and complexity of risks faced by our capital markets today, with many of the participants in the Task Force prominent advocates for Integrated Reporting. This understanding is based on the idea that a risk such as climate change can impact an organization’s ability to create value over time.
Read More
<IR> firmly on China’s B20 agenda
The IIRC is yet again playing an important role in this year’s G20 process, with IIRC representatives participating in B20 Taskforces. Through this participation we will ensure that corporate reporting has its place in this key process for determining the architecture of the global financial system. We believe that corporate reporting can help to deliver inclusive and sustainable prosperity and will be engaging throughout this process with market leaders to make practical connections and recommendations to this effect.
Read More
Do you have a report coming out soon?
The <IR> Examples Database is constantly being updated with new examples of emerging practice in Integrated Reporting, providing key insights for organizations that are developing, or planning to develop an integrated report. The innovation we have seen since the Database was first launched in 2012 is incredible. And with reporting season about to hit its peak we will be adding new examples to the 230 examples already available on the Database.
Read More
Insights from the World Economic Forum
The discussions and talking points at this year’s World Economic Forum (WEF) meeting in Davos demonstrate that corporate reporting continues to play an important role in delivering the high ideals set out at the meeting to secure the stability and sustainable development of the global economy.
Read More
Consultation on the Technology Blueprint for <IR> Adoption to open soon
The Technology Blueprint for <IR> Adoption will be released for consultation later this month. Developed by the participants of the <IR> Technology Initiative, the Blueprint lays out guidance to those seeking to craft technology capabilities that support and enable next-generation business management and reporting practice. It is being developed for two parts of an organization’s technology needs: one part explores the information requirements of a CFO who is considering or planning the introduction of next-generation management practice and reporting in their organization. The second part focuses on challenges faced by the Chief Information Officer in delivering an information and technology architecture that fits such requirements.
Read More