Malaysian companies are being called on to adopt Integrated Reporting, as part of the Malaysian Corporate Governance Code launched today by the Securities Commission Malaysia. The International Integrated Reporting Council (IIRC) has welcomed this launch, which is an important development >>> read more
News
Global CEOs call for greater disclosure of climate risks and opportunities
Source: , 24 April 2017Global business leaders representing companies with US$4.9 trillion in assets under management and US$700 billion in revenue have joined together to urge G20 governments to formally accept and act on the recommendations of the Task Force on Climate-related Financial Disclosures. >>> read more
Research finds that some companies are using integrated reporting method to ‘greenwash’ performance
Source: University of East Anglia, 21 April 2017New research suggests that some firms manipulate the content and tone of their company reports despite an initiative to make them more concise and balanced. The study, led by Dr Gaia Melloni at the University of East Anglia (UEA), examined >>> read more
Measuring What Matters: The Power of KPIs to Advance Sustainability
Source: Huffington Post, 20 April 2017“If everything is important, then nothing is.” This quote from Patrick Lencioni illuminates the heart of the problem with today’s sustainability reporting practices. Too many seasoned organizations are still struggling to focus their reporting on the impacts that matter most. And >>> read more
Why There Is No Role for Storytelling in Your Sustainability Report
Source: SustainableBrands.Com, 20 April 2017We (thinkPARALLAX) recently presented on “The Role of Storytelling in Corporate Reporting” — a subject that many organizations struggle to address properly. Our view on the subject is straightforward: A report is not for storytelling. Very few stakeholders spend time reading >>> read more
Deloitte Board Practices Report: Sustainability Reporting is an important focus for Boards
Source: Deloitte, 20 April 2017The 2016 Board Practices Report issued by Deloitte’s Center for Board Effectiveness and the Society for Corporate Governance identifies key findings on board-relevant topics that have risen to prominence. Respondents cite strategy as the primary board focus for 2017 – the >>> read more
The Downside of Sustainability Reporting
Source: PCGC , 14 April 2017Not long ago, I wrote about the growth of sustainability reporting among public companies. (See this Doug’s Note.) It is now widely believed that effective sustainability reporting, also called “corporate social responsibility” reporting, facilitates a perception among investors, employees, customers, >>> read more
Assuring the Assurers: How the NOCLAR Standard Will Tackle Non-Compliance in Corporate (Sustainability) Reporting
Source: SustainableBrands.Com, 13 April 2017When it comes down to assessing corporate sustainability performance and impacts, investors, rating agencies and other stakeholders have developed a growing appetite for accurate, relevant, consistent and comparable data. In a globalized world prone to economic volatility, alternative facts and >>> read more
Integrated reporting supports better business performance and stakeholder relationships, but there is room for improvement
Source: ACCA, 13 April 2017The adoption of integrated reporting, or <IR>, can be challenging but it generates tangible organisational, reputational and commercial benefits, according to <IR> adopters. The Insights into Integrated Reporting report published by ACCA (the Association of Chartered Certified Accountants) draws together >>> read more
How the SDGs will change sustainability reporting
Source: Toronto Sustainability, 13 April 2017Let me begin this short article by pointing out there is an excellent document called the SDG Compass: the guide for business action on the SDGs jointly written by the Global Reporting Initiative (GRI), the UN Global Compact and the World Business Council for >>> read more
Nonfinancial performance must move up the corporate agenda say institutional investors
Source: , 13 April 2017Against the backdrop of recent environmental and social scandals and a greater call for organizations to create long-term value, 82% of institutional investors say environmental, social and governance (ESG) risks have been ignored for too long by the business world. >>> read more
Arabesque launches big data tool S-Ray for corporate sustainability information
Source: Arabesque, 12 April 2017A new tool that allows investors, regulators, NGOs, corporates, and consumers to monitor the sustainability of over 4,000 of the world’s largest corporations has been launched. Arabesque S-Ray™ is designed to streamline vast amounts of environmental, social, and governance (ESG) information >>> read more