Integrated reporting discussion paper released

Business reporting must evolve to account for the changed realities brought about by globalisation and its resulting interdependencies, and increased population growth and increasing global consumption, according to a discussion paper by the International Integrated Reporting Committee (IIRC). The IIRC's paper outlined a new approach to integrated reporting that seeks to simplify complex architecture while disclosing critical interdependencies and accounting for non-financial factors and environmental, social and governance (ESG) factors.

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Read more: IRIIRCintegrated reportingaccountingESGInternational Integrated Reporting CommitteeCarbon Disclosure ProjectClimate Disclosure Standards BoardCollaborative Venture on Valuing Non-Financial Performancecorporate reportingenvironmental social and governanceEuropean Federation of Financial AnalystsFASBFinancial Accounting Standards BoardGAAPGlobal Reporting InitiativeGRIIASBIFRSInternational Accounting Standards BoardInternational Corporate Governance NetworkUN Global CompactUnited Nations (UN) Conference on Trade and DevelopmentWorld Intellectual Capital Initiative