What is an integrated report?

Integrated news is the type of commercial announcements that they try to communicate to the parties to the parties to the financial and non -financial aspects of the company. This method of reporting assumes that social, environmental and administration issues directly affect the value of society. It also assumes that the parties involved have the right to information about these issues and strategies of the company. In August 2010, the International Integrated Intelligence Committee (IIRC) was created to create international standards for integrated news.

Traditional commercial reports often exclude any information that does not directly apply to the company's financial status. As a result, the party involved know how much business has achieved in the last year, but they have no information about the strategies and politicians that helped this money. Problems with environmental, social and administrations are generally ignored as unimportant or simply too complex to measure.

advocates of integrated newsWelcome that a more holistic approach is needed. Inteeded parties, they say, they have the right to know how the society is operated and whether environmental and social factors are taken into account. This type of commercial intelligence shows the broad, long -term consequences of the decision that the company takes. It identifies the risks and opportunities that the company faces and explains the connection between the established strategies of the company and the company's overall performance.

In addition to proving the parties involved in the current state of the company, this type of reporting also encourages companies to create sustainable strategies. If the company has to see the parties to see how the company is operated, it is likely that the company will create strategies that are attractive to the parties. For example, if a logging company earns a lot of money but does not have a strategy of afforestation, invested the truthSimilarly, it does not support society, because the way it earns money is not sustainable. Without integrated reports, the parties involved would have little or no information about these types of strategies.

IIRC is a committee focused on assistance to the international business community to accept integrated news procedures. The group, which was founded in 2010 with the Union of Prince's Accounting for Sustainability (A4S) in London and a global initiative in Amsterdam. It is made of 25 individual business and civilian leaders and three working groups. Its aim is to create a standardized integrated news system that will be accepted by all countries. Since 2010, when IIRC was founded, only two countries have adopted, Denmark and South Africa, integrated reports on reports.