Scribd
Upload
119 views10 pages

Integrated Reporting Overview and Principles

Integrated reporting provides a comprehensive view of an organization's performance by integrating financial and non-financial information. It aims to meet the information needs of stakeholders like investors, regulators, customers and communities. SEBI has advised top 500 Indian companies to provide integrated reports on a voluntary basis for FY 2017-18. Integrated reporting not only builds trust with stakeholders but also aligns with responsible business practices and long-term sustainability. It outlines key capitals like financial, manufacturing, intellectual, human, social, and natural capital. Reporting involves data collection, stakeholder engagement, and integrating financial and non-financial information. Adoption faces challenges like lack of understanding, preference for simpler reporting, and insufficient regulations or investor interest. Munich Airport

Uploaded by

maulikravat3
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
119 views10 pages

Integrated Reporting Overview and Principles

Integrated reporting provides a comprehensive view of an organization's performance by integrating financial and non-financial information. It aims to meet the information needs of stakeholders like investors, regulators, customers and communities. SEBI has advised top 500 Indian companies to provide integrated reports on a voluntary basis for FY 2017-18. Integrated reporting not only builds trust with stakeholders but also aligns with responsible business practices and long-term sustainability. It outlines key capitals like financial, manufacturing, intellectual, human, social, and natural capital. Reporting involves data collection, stakeholder engagement, and integrating financial and non-financial information. Adoption faces challenges like lack of understanding, preference for simpler reporting, and insufficient regulations or investor interest. Munich Airport

Uploaded by

maulikravat3
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

INTEGRATED

REPORTING
GROUP 8
Nehal Baveja-443
Shagun Agarwal- 466
Nihar Sardal-475
Divyansh Garg 424
DEFINITION
Integrated reporting provides a comprehensive view
01 of an organization's performance by integrating
financial and non-financial information into a single
report, including factors such as Environmental, Social,
Governance (ESG) performance to provide a balanced
assessment of an organization's value creation
process.

It aims to meet the information needs of various

02 stakeholders, including investors, regulators,


customers, employees, and communities.

SEBI has advised top 500 companies to provide


03 Integrated Report on a voluntary basis as in FY 2017-
18 (under Listing Obligations and Disclosure
Requirements Regulations, 2015)

IMPORTANCE
This approach not only aids in building trust among stakeholders but
also aligns with the broader goals of responsible business practices
and long-term sustainability.
CAPITALS
The International Integrated Reporting Council (IIRC) Framework outlines a set of principles and
concepts that guide organizations in producing integrated reports

PILLARS OF IR

Social and
Financial Manufacturing Intellectual Human Natural Capital
relationship

Money and financial Physical assets and Knowledge, technology, Skills, experience, and Relationships and Environmental
assets infrastructure and brands capabilities of networks resources
individuals
VALUE CREATION OVER TIME
VALUE CREATION, PRESERVATION
OR EROSION
Activities

Value created, preserved


Interactions or eroded for the
organisation & others
Relationships

Value created, preserved or eroded by an organisation over time manifests itself in


increases, decreases or transformations of the capitals caused by the organisation’s
business activities and outputs.
This value has 2 inter-related aspects :
The Organisation itself, which affects financial returns to the providers of financial
capital
Others (i.e. stakeholders and socities at large)
GUIDING PRINCIPLES
Strategic focus and future orientation
Connectivity of information
Stakeholder Relationships
Materiality
Conciseness
Reliability and Completeness
Consistency and Comparabilty
REPORTING PROCESS
1. Data Collection and analysis

Organizations gather information on financial performance, as well as non-financial aspects such


as environmental, social, and governance (ESG) factors. This involves not only quantitative data
but also qualitative insights into the organization's relationships, strategies, and future plans.

2. Stakeholder engagement
Integral to the reporting process is active engagement with stakeholders. Understanding the
expectations and concerns of stakeholders helps in shaping the content of the integrated
report and ensures that it addresses the interests of the diverse groups that impact and are
impacted by the organization

3. Integrating Financial and Non-financial Information


One of the key features of integrated reporting is the seamless integration of financial and
non-financial information. Rather than presenting these aspects in isolation, the report
demonstrates the interconnectedness between financial performance and the
organization's impact on society and the environment.
ROADBLOCKS COMPANIES USING IR
1. Insufficient
Understanding
2. Preference to simpler
alternative forms of
reporting (CSR
Reporting)
3. Lack of regulations or
guidelines
4. Insufficient investor
Interest
MUNICH AIRPORT
Previously, the airport
had applied two separate
strategies concurrently:
a corporate strategy and
a sustainability strategy.
The team identified the
importance of
establishing one holistic,
integrated strategy
which clearly presents
the value creation
process of the business
and implemented
integrated thinking and
reporting to achieve this
goal.
THANK YOU
FOR
LISTENING!

You might also like