Reporting
However, investors and other stakeholders need reports that do
more than merge best practices from financial (management
and measurement) reporting and non-financial (operational,
structural and risk management information) reporting. They
need clarifying information.
Leading companies have turned to integrated reporting to illuminate
a company���s material financial and non-financial value drivers. This
has two benefits:
1. A holistic view of a company���s short-, medium- and long-term
value. By aligning business practices, tangible and intangible
assets, and material financial and non- financial capital risks with a
company���s strategic focus, sustainability agendas and future goals,
the integrated report can provide a comprehensive picture of
short-, medium- and long-term company value.
2. Improvements in brand value and viability, company policy and
bottom line. During the process of combining information for an
integrated report, a company must collect material information
across business departments, which are often in silos. This requires
thorough connectivity across every level of the business and
provides a foundation to embed sustainable business practices. This
���integrated thinking��� has the potential to provide lasting benefits
through increased efficiencies and collaboration that improves
brand value and viability, company policy and the bottom line.
Why Now?
Pressures are mounting to increase the quantity and quality of
financial and non-financial disclosure. At the same time, emerging
social and environmental risks require companies to develop
initiatives that transform these challenges into opportunities and
WINTER 2012
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