To explain to companies how to create value over time
It benefits all stakeholders interested in an organisation’s ability to create value over time, including
regulators and policy-makers
The ‘building blocks’ of an integrated report are:
These underpin the integrated report
They guide the content of the report and how it is presented
< IR > does NOT provide a prescribed format, instead it gives guidance on the content
These are the key categories of information
They are a series of questions rather than a prescriptive list
Are you showing an insight into the future strategy..?
Are you showing a holistic picture of the organisation's ability to create value over time?
Look at the combination, inter-relatedness and dependencies between the factors that affect this.
Are you showing the quality of your stakeholder relationships?
Are you disclosing information about matters that materially affect your ability to create value over the short, medium and long term?
Are you being concise?
Not being burdened by less relevant information.
Are you showing Reliability, completeness, consistency and comparability when showing your own ability to create value?
The report is prepared on a consistent basis from one year to another.
Is the issue material? If so disclose it.
Organisational overview and external environment
What does the organisation do and what are the circumstances under which it operates?
How does an organisation’s governance structure support its ability to create value in the short, medium and long term?
What is the organisation’s business model?
Risks and opportunities
What are the specific risk and opportunities that affect the organisation’s ability to create value over the short, medium and long term? And how is the organisation dealing with them?
Strategy and resource allocation
Where does the organisation want to go and how does it intend to get there?
To what extent has the organisation achieved its strategic objectives for the period and what are its outcomes in terms of effects on the capitals?
What challenges and uncertainties is the organisation likely to encounter in pursuing its strategy, and what are the potential implications for its business model and future performance?