IIRC Pilot Programme Yearbook 2013, 'Business and Investors explore the sustainability perspective of Integrated Reporting'
The IIRC Pilot Programme Yearbook 2013 has been released this month, detailing the journeys of the IIRC Pilot Programme businesses and investors as they work towards <IR>. It describes how businesses are connecting departments, and developing their strategies for longer term value creation.
Integrated Reporting can be viewed through several lenses: from the perspective of finance, or intangibles such as intellectual or human capital. This Yearbook focuses the lens on what those responsible for sustainability within their organizations are doing to move towards <IR>; how they are are beginning to use the sustainability information they already collect to progress towards <IR>.
The experiences in this Yearbook are proof that <IR> is not just about producing reports; it is about integrated thinking and the way an organization creates value over time. Businesses explain how, for example, considering the capitals has led them to change the way they work across departments, use technology to integrate information, and change their reporting to strengthen the connectivity of information.
Italy-based Enel SpA, an integrated utilities company, feature as a case study in the Yearbook. Enel's CEO Fulvio Conti said the business has undergone "profound transformation in order to maximise performance through a robust, fully integrated structure."
The Yearbook explores how businesses and investors are using Regional Networks across the world to drive momentum for <IR> and refine its practice by sharing their experiences.
"Although we were on the right path, being able to interact and benchmark against other companies that are much more evolved on <IR> has been really helpful to leap forward," says Gabriel Escarrer Jaume, Vice Chairman and CEO of Meliá Hotels International, based in Spain.
Businesses continue to see the benefits of joining the IIRC Pilot Programme with PepsiCo the latest business to become a participant.
Read the IIRC Pilot Programme Yearbook 2013 "Business and Investors explore the sustainability perspective of Integrated Reporting"