Aviva (insurance), Coca-Cola, HSBC (banking) and Volvo are among the 30 or so companies that are piloting integrated reporting. This is where social and environmental performance is included in the annual reporting – a state of nirvana for those campaigning for what used to be called the triple bottom line.
The debate surrounding integrated reporting will be boosted by the subject’s inclusion in discussions about the green economy at Rio+20 in June.
As part of our contribution to the debate we have joined with the World Resources Institute (WRI) and Bloomberg to discuss the issue at a lunch in New York in February. Stimulating our discussions will be Janet Ranganathan, VP Science and Research at the WRI, and Curtis Ravenel, Global Head of Sustainability Initiatives at Bloomberg.
Janet is a member of the working group of the International Integrated Reporting Council (IIRC) and has been following the initiative since its inception. Curtis will look at the potential benefits of integrated reporting from the point of view of an information provider. Bloomberg offers environmental, social and governance (ESG) information on its ubiquitous Terminal.
One of the key discussion points will be about materiality and how to decide what ESG information is integral to an integrated report. We will report back.
0 comments:
Post a Comment