In today’s corporate reporting ecosystem, meeting both investor and broader stakeholder expectations can increasingly demand the connecting of financial and non-financial information to create one cohesive value creation story. To meet these demands/expectations, many organizations are adopting integrated reporting—an approach to corporate reporting that embraces the connectivity and interdependencies between a range of factors, such as corporate purpose, the business model, strategies, risks, and market opportunities—that can essentially affect an organization’s ability to create long-term value for its stakeholders.
Among it’s many advantages, one key benefit to integrated reporting is its adaptability as global reporting standards and regulations continue to evolve. Integrated reporting is supported by various principles and concepts however, the goal is universal: to accurately and concisely communicate the essence of why an organization exists (purpose) and how it creates or preserves value for itself and for its stakeholders over time.
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