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IIRC publishes report on the progress of integrated reporting

Oct 13, 2017

Results published from the first worldwide consultation on how companies are adopting integrated reporting since the International Framework was released in 2013 show how the focus has moved from one of initial acceptance to progress in actual implementation. 

Over 1,500 businesses in 62 countries globally are now integrating the goals of sustainable development and financial stability to support their reporting, which has been identified across the world as the future 'norm' for corporate reporting.

The consultation was conducted over two months earlier this year. Over 400 contributions were received, including some from focus groups held in 19 countries around the world.

The review found that the International Framework is standing up to the test of implementation and demonstrated that the concepts of Integrated Reporting have been widely accepted and embraced, with the focus now on enabling better implementation.

Following the global 'Framework Feedback Exercise', the International Integrated Reporting Council (IIRC) has announced a series of guidance, thought leadership and case studies to help clarify, simplify and amplify the move towards integrated reporting internationally.

This includes guidance on how to apply the IIRC's 'multi-capital' model; how to access intellectual, human, and social and relationship capital metrics to suit your unique circumstances; and research on how information and improved decision making can better connect.

The IIRC has also said it is committing to working closely with market players to help simplify the corporate reporting landscape.

The full report can be downloaded here.