PAIB eNews Special Edition

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Sep 12, 2011
New York

PAIB Committee

PAIB eNews Special Edition

September 12, 2011

The International Integrated Reporting Committee (IIRC) today released its Discussion Paper, Towards Integrated Reporting - Communicating Value in the 21^st Century.

The paper, which is the result of extensive input from experts around the world, presents the rationale for integrated reporting, offers initial proposals for the development of an international integrated reporting framework, and outlines next steps toward its creation and adoption. The goal of the paper is to solicit input from all stakeholders. The IIRC will also be commencing a Pilot Programme in October 2011 to "road test" this framework.

Integrated reporting will allow organizations to release more inclusive and useful reports on all aspects of performance, including environmental, social, and governance, as well as economic, in a concise and user-friendly format. This inclusion of more meaningful and understandable information will allow organizations to provide a significant assessment of the long-term viability of an organization, as well as meet the information needs of investors and other stakeholders.

The Discussion Paper follows up on many of the themes and recommendations of the IFAC report Integrating the Business Reporting Supply Chain.

Comments are encouraged from various stakeholders, including reporting organizations, investors, policymakers, regulators, standard setters, civil society, employees, assurance providers, academics, and others. The Comment Deadline is December 14, 2011; they can be submitted to dpresponses@theiirc.org or through www.theiirc.org.

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