Integrated Reporting Explained
The International Integrated Reporting Council (IIRC) defines integrated reporting as, "a process founded on integrated thinking that results in a periodic integrated report by an organization about value creation over time.”
Integrated thinking is when a company considers the relationship between its business model and the different types of resources it uses to create value in the short, medium, and long term.
Accounting financial statements provide a limited view of the company’s health and value creation process. Integrated reporting shows not just the profit but the impact on stakeholders and the environment. Accounting financial statements tell you about value created in the past, but integrated reporting tells you how value will be created in the future.
Download International Framework: https://www.integratedreporting.org/r...
Download Eskom's Integrated Report: https://www.eskom.co.za/wp-content/up...
0:00 Background
0:48 What is integrated reporting?
2:47 The integrated reporting framework
3:13 What are the 6 capitals?
4:44 How is an integrated report different from corporate social responsibility reports?
5:23 Is the integrated report a standalone report?
5:58 Benefits of integrated reporting
6:40 Costs of integrated reporting
6:56 Who issues integrated reports?
7:55 The future of integrated reports
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