'Integrated Reporting Highlights Important Non-Financial Information, Such as Social Impact and Environmental Costs. Investors Need This Data, but Is That the Limit to the Benefits of IR, or Will the Companies Themselves Gain an Advantage?

Financial Management (UK), December 2012 | Go to article overview

'Integrated Reporting Highlights Important Non-Financial Information, Such as Social Impact and Environmental Costs. Investors Need This Data, but Is That the Limit to the Benefits of IR, or Will the Companies Themselves Gain an Advantage?


CIMA versus Jess Sansom

A. CIMA

Integrated reporting (IR) is still in its infancy. Many companies have embarked on the journey and have a belief in the benefits of IR, but to most they remain longterm gains rather than short-term wins. But where should these long-term benefits accrue?

More integrated external reporting should lead to better IR and an improved understanding of the business fundamentals. That, in turn, will drive the adoption of more effective strategies for long-term value creation.

The IR spotlight on long-term sustainable business success should encourage more organisations to identify their main value drivers. Understanding them should help to align internal reporting with the achievement of strategic objectives, while the IR focus on explaining the most material matters in a clear and concise way should further help to improve management information.

The IR framework encourages organisations to consider all of the resources needed to service a business model. Historically, this focus would almost exclusively have been on financial resources--does the organisation have sufficient working capital to operate for the foreseeable future?

More recently, this approach has developed to include building long-term supplier relationships and natural resource management, but IR is driving further developments--extending time horizons and broadening the range of key inputs considered to include wider social and environmental issues.

ER is aimed at the needs of investors, but organisations that adopt more integrated thinking, and decision-making focused on the creation of value in the short, medium and long term, will also share in the benefits and gain competitive advantage.

A. Jess

Innocent Drinks is a nontraditional reporter when it comes to sustainability. We don't produce a glossy CSR report for the investment community or other stakeholders, nor do we label our products according to their environmental credentials for consumers. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

'Integrated Reporting Highlights Important Non-Financial Information, Such as Social Impact and Environmental Costs. Investors Need This Data, but Is That the Limit to the Benefits of IR, or Will the Companies Themselves Gain an Advantage?
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Author Advanced search

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.