One Report: Integrated Reporting for a Sustainable Strategy

by Robert G. Eccles; Michael P. Krzus; Foreword by: Don Tapscott

• ISBN13: 9780470615805
• ISBN10: 047061580X
• Format: eBook
• Copyright: 2010-02-01
• Publisher: Wiley

Summary

"One Report" refers to an emerging trend in business taking place throughout the world where companies are going beyond separate reports for financial and nonfinancial (e.g., corporate social responsibility or sustainability) results and integrating both into a single integrated report. At the same time, they are also leveraging the Internet to provide more detailed results to all of their stakeholders and for improving their level of dialogue and engagement with them. Providing best practice examples from companies around the world, One Report shows how integrated reporting adds tremendous value to the company and all of its stakeholders, including shareholders, and also ultimately contributes to a sustainable society. 'ˆ— 'ˆ— Focuses on the emerging trend of integrated reporting as a top priority for companies, investors, regulators, auditors and civil society 'ˆ— Provides compelling case studies from some of the world's leading companies doing integrated reporting 'ˆ— Addresses how companies can move toward One Report and how it can become a keystone of a sustainable strategy for both the company and society 'ˆ— Explains what others-such as analysts, shareholders, other stakeholders, auditors, regulators, legislators, and civil society-need to do to enable the rapid and broad adoption of One Report 'ˆ— Filled with case studies and the most current trends on integrated reporting, this book is an invaluable guidebook on the future of reporting and how this future can lead to a sustainable society.

Table of Contents

Foreword

Acknowledgments

Introduction

Notes

What Is One Report?

The Meaning of One Report

Novo Nordisk: An Early Adopter of One Report

Rhetoric and Design in Natura's 2008 Annual Report

The Urgent Need for One Report

Notes

United Technologies Corporation's First Integrated Report

UTC's First One Report

A Brief History of Corporate Reporting at UTC

More on the 2008 Report

UTC's Half-Century of Corporate Reporting

Notes

The State of Financial Reporting Today

Background on Financial Reporting

Complexity

Extensible Business Reporting Language (XBRL)

Auditing

Notes

The State of Nonfinancial Reporting Today

A Typology of Nonfinancial Information

Intangible Assets

Intangible Assets at Infosys

Key Performance Indicators

Environmental, Social and Governance Metrics

Assurance on Nonfinancial Information

Notes

Sustainable Strategies for a Sustainable Society

Sustainability at Ricoh

Corporate Social Responsibility

Sustainability

Sustainable Competitive Advantage

Sustainable Strategies Require Integrated Reporting

Corporate Reporting at Ricoh

Notes

It's Time for One Report

The Case for One Report

One Report for a Sustainable Strategy for a Sustainable Society

The Time Is Now

Objections to One Report

The Bottom Line

Notes

The Internet and Integrated Reporting

A Web-based Perspective on One Report

The Essential Elements of Web-based Integrated Reporting

Web 3.0 and Integrated Reporting

Notes

Integrated Reporting for a Sustainable Society

Companies Must Take Responsibility

Innovation

Support from the Investment Community

Development of Standards

Legislation and Regulation

Support from Civil Society

Notes

Companies and Organizations with URLs

Acronyms

Index

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