| Description |
1 online resource. |
| Series |
Wiley corporate F & A series |
|
Wiley corporate F & A series.
|
| Bibliography |
Includes bibliographical references and index. |
| Summary |
This book posits integrated reporting as a key mechanism by which companies can ensure their own long-term sustainability by contributing to a sustainable society. Although integrated reporting has seen substantial development due to the support of companies, investors, and the initiatives of a number of NGOs, widespread regulatory intervention has yet to materialize. Outside of South Africa, adoption remains voluntary. In considering integrated reporting's current state of play, the authors provide guidance to ensure wider adoption of the practice and success of the movement, starting with how companies can improve their own reporting processes. But the support of investors, regulators, and NGOs is also important. Concepts of an annual board of directors' "Statement of Significant Audiences and Materiality" and a "Sustainable Value Matrix" tool that translates the statement into management decisions are introduced. -- Edited summary from book. |
| Contents |
1. South Africa -- 2. Meaning -- 3. Momentum -- 4. Motives -- 5. Materiality -- 6. The Sustainable Value Matrix -- 7. Report Quality -- 8. Reporting Websites -- 9. Information Technology -- 10. Four Recommendations. |
|
1. South Africa -- The Uniqueness of South Africa -- South Africa's Journey to Integrated Reporting -- King I -- King II -- King III -- The Integrated Reporting Committee of South Africa's Discussion Paper -- South African Assessment of the South AFrican Experience -- Report Quality -- Materiality -- Disclosure of Nonfinancial KPIs -- Disclosure of Risks -- Director Remuneration and Board Transparency -- Disclosure of Forward-Looking Information -- Characteristics of the Report -- Internet Use -- Auditing and Assurance on Nonfinancial Information -- Our Reflections on the South African Experience -- 2. Meaning -- Company Experimentation: Examples from the First Integrated Reports -- Novozymes -- Natura -- Novo Nordisk -- Philips and United Technologies -- Expert Commentary: The First Reflections on Integrated Reporting -- New Wine in New Bottles -- The Solstice/Vancity Study -- One Report: The First Book on Integrated Reporting -- Codification: Creating Common Meaning -- The Integrated Reporting Committee of South Africa -- The International Integrated Reporting Council -- 3. Momentum -- Adoption -- Self-Declared Integrated Reports -- Trends in Sustainability Reporting -- The Spirit of Integrated Reporting -- Accelerators -- Regulation -- Multistakeholder Initiatives -- Organizations -- Global Reporting Initiative -- Sustainability Accounting Standards Board -- CDP -- Climate Disclosure Standards Board -- Global Initiative for Sustainability Ratings -- Endorsements -- Awareness -- 4. Motives -- Companies -- Audience -- Supporting Organizations and Initiatives -- Regulators -- Service Providers -- 5. Materiality -- The Social Construction of Materiality -- Materiality in Environmental Reporting -- Comparing Different Definitions of Materiality -- Audience -- Governance -- Materiality for Integrated Reporting -- 6. The Sustainable Value Matrix -- A Short History of the Materiality Matrix -- Issues with the Matrix -- The Current State of Materiality Matrices -- Stakeholder Identification and Engagement -- Issue Identification and Description -- Dimension Definitions and Labels -- Issue Scoring -- Interactivity -- Uses of the Matrix -- From the Materiality Matrix to the Sustainable Value Matrix -- The Four Cells -- Appendix 6A. Comparing the Ford and Daimler Materiality Matrices -- Appendix 6B. Methodology for the Materiality Matrices Review -- Note -- 7. Report Quality -- The Six Capitals -- Content Elements -- Organizational Overview and External Environment -- Governance -- Business Model -- Risks and Opportunities -- Strategy and Resource Allocation -- Performance -- Outlook -- Special Factors -- Materiality -- Stakeholder Engagement -- Connectivity of Information -- Website Content -- CEO Letter -- Assurance -- Appendix 7A. Methodology for Analyzing 124 Company Integrated Reports -- 8. Reporting Websites -- Methodology -- Website Category Analysis -- Website Feature Analysis -- Three Examples -- Novo Nordisk -- Philips -- SAP -- Appendix 8A. Methodology for Website Coding -- 9. Information Technology -- Integrated Reporting Processes -- Identification -- Validation -- Analysis -- Audience Filtering -- Publishing to Internal Audiences -- Publishing to External Audiences -- Four IT Trends -- Big Data -- Analytics -- Cloud Computing -- Social Media -- Leveraging These Trends -- Contextual Reporting -- (World Market Basket) -- 10. Four Recommendations -- A Very Brief History of Financial Reporting -- Balancing Experimentation and Codification -- Balancing Market and Regulatory Forces -- Greater Advocacy from the Accounting Community -- Achieving Clarity Regarding the Roles of Key Organizations -- A Possible Scenario -- Final Reflection. |
| Subject |
Corporation reports.
|
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Corporation reports -- South Africa -- Case studies.
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Social responsibility of business.
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Sustainability.
|
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Sociétés -- Rapports. |
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Sociétés -- Rapports -- Afrique du Sud -- Études de cas. |
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Entreprises -- Responsabilité sociale. |
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Durabilité de l'environnement. |
|
Corporation reports |
|
Social responsibility of business |
|
Sustainability |
|
South Africa |
|
Finance. |
|
Business & Economics. |
|
Financial Management & Planning. |
| Genre |
Case studies
|
| Added Author |
Krzus, Michael P.
|
| Other Form: |
Print version: Eccles, Robert G. Integrated reporting movement. Hoboken, New Jersey : John Wiley & Sons, Inc., [2015] 9781118646984 (DLC) 2014026060 |
| ISBN |
9781118993743 (epub) |
|
1118993748 (epub) |
|
9781118993736 (pdf) |
|
111899373X (pdf) |
|
(hardcover) |
|
1118646983 |
|
9781118646984 |
|
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