EY: Integrated Reporting - Linking strategy, purpose and value
This report why for a growing number of business stakeholders, traditional reporting models are being challenged to keep pace with a 21st century redefinition of value and a growing desire to see beyond conventional financial data. A broader understanding of value is taking hold.
It goes beyond financial capital to recognise two further territories: first, the shared value an organisation creates which benefits its direct stakeholders; and second, the value it generates for society and the environment. Using all three of these value territories to guide reporting holds huge potential for companies, enabling a fuller understanding of their risks and, crucially, of opportunities too.