I am interested in the concept of integrated reporting and am often asked about it at during the Q&A at conferences. I hear many different perspectives of what exactly it is.
I think that by far the biggest challenge is going to be reconciling the approach of the financial reporting community with the approach of the CSR/sustainability community.
The financial reporting community produces highly compliance-based reports. Compliance which in my view incentivizes a low risk, play it safe, measurement oriented, audit heavy approach. The material is laser focused on the shareholder audience interested primarily in near term measurable share value …read more