The Integrated Reporting Movement - Academic library

Foreword Preface Acknowledgments 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 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/Vanity 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 Momentum ADOPTION Self-Declared Integrated Reports Trends in Sustainability Reporting The Spirit of Integrated Reporting ACCELERATORS Regulation Multistakeholder Initiatives Sustainable Stock Exchanges Initiative Corporate Sustainability Reporting Coalition Organizations IIRC GRI, SASB, CDP, and GISR Global Reporting Initiative Sustainability Accounting Standards Board CDP Climate Disclosure Standards Board Global Initiative for Sustainability Ratings Big Four Accounting Firms and Accounting Associations Endorsements AWARENESS Motives COMPANIES AUDIENCE SUPPORTING ORGANIZATIONS AND INITIATIVES REGULATORS SERVICE PROVIDERS Materiality THE SOCIAL CONSTRUCTION OF MATERIALITY MATERIALITY IN ENVIRONMENTAL REPORTING COMPARING DIFFERENT DEFINITIONS OF MATERIALITY AUDIENCE GOVERNANCE MATERIALITY FOR INTEGRATED REPORTING 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 A. Comparing the Ford and Daimler Materiality Matrices B. Methodology for the Materiality Matrices Review 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 A. Methodology for Analyzing 124 Company Integrated Reports Reporting Websites METHODOLOGY WEBSITE CATEGORY ANALYSIS WEBSITE FEATURE ANALYSIS THREE EXAMPLES Novo Nordisk Philips SAP 24 A. Methodology for Website Coding 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 Four Recommendations AVERY 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 About the Authors