Why? The need for change
Globalization means the world’s finances, people and knowledge are inextricably linked. As such, better linking investment decisions, corporate behaviour and reporting has become a global need.
Businesses require an evolution in the system for reporting, facilitating and communicating mega-trends without the complexity and inadequacy of current reporting requirements. Currently, there are information gaps in reports, with the need for a greater focus on aspects such as risk management, sustainability and strategy.
Integrated reporting has been created to enhance accountability, stewardship and trust, as well as to harness the information flow and transparency of business that technology has brought to the modern world. Providing investors with the information they need to make more effective capital allocation decisions can facilitate better long-term investment returns.