IIRC ニューズレター:2018年9月号the corporate reporting system and accelerating adoption in the United States and China. You will hear, live ahead of the IIRC Council meeting,
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IIRC Newsletter Highlights from 2016
2016: Breakthrough Year
Richard Howitt, CEO, IIRC reviews a year whichhas seen a number of breakthroughs forIntegrated Reporting and looks forward to 2017.
2016 has been an important year for IntegratedReporting and the IIRC as an organization. Itwas my great honour to be appointed by theBoard to succeed Paul Druckman as CEO on 1November, a day that was also marked by thelaunch of the King IV Corporate GovernanceCode in South Africa named, of course, afterour Council Chairman, Professor Mervyn King.The King IV Code embeds the principle ofIntegrated Reporting in South African corporategovernance, while creating the first outcomesbased governance system in the world.
In South Africa and also Japan we have seenphenomenal take up of Integrated Reportingduring the year as it becomes established as akey element of the corporate governancesystem in those two economies. Indeed theNikkei newspaper estimated recently that thenumber of businesses practicing IntegratedReporting in Japan alone would rise to 320 in2017.
We have also seen important breakthroughs inother markets. We are delighted that China’sMinistry of Finance has joined our Council and
Invitation: Join our livebroadcast setting outour new strategic phase
Tune in live at 08:30 Central EuropeanSummer Time on 4 October 2018 for theofficial launch of the next phase of the IIRC’sstrategy, building global momentum towardsintegrated reporting.
Key aspects of the new strategic phase –‘Momentum Phase’ – include advancingintegrated thinking as part of corporategovernance reform, facilitating alignment inthe corporate reporting system andaccelerating adoption in the United Statesand China.
You will hear, live ahead of the IIRC Councilmeeting, in Paris from:
Barry Melancon, Chair, IIRC BoardPeter Bakker, Deputy Chair of the IIRCCouncilJane Diplock, Chair, IIRC Governanceand Nominations CommitteeRichard Howitt, CEO, IIRC
IIRC's NorthAmerican Lead,Bob Laux. talkslong-term valuecreation through
New academic databasepoints to clear benefitsin adopting integratedreporting
A new <IR> Academic Database has beenlaunched, bringing together over 200academic studies highlighting the potentialpositive ramifications of adopting integratedreporting, as well as commenting onemerging best practice.
Research included in the databaseconcluded that integrated reporting leads toincreased stock liquidity, better performance,higher market valuation and a longer-terminvestor base for the businesses that adopt it.The database, which is a freely availableresource, can be accessed atwww.iracademicdatabase.org
Speaking at the launch of the database at theAmerican Accounting Association AnnualMeeting in Washington DC, the IIRC’s CEO,Richard Howitt, said: “What we have seensince the framework for integrated reportingwas introduced to the world five years ago isnothing short that extraordinary. The
2018 年 8 月に新たに発足した「ボツワナ統合報告委員会」The launch of the new Botswana Integrated Reporting
Committee in August 2018
Integrated reporting is to become a listingrequirement of Botswana Stock Exchange ona comply or explain basis, with a newBotswana Integrated ReportingCommittee launched to help drive awareness,understanding and uptake as this newapproach is embedded in the market.
The committee has been formed by membersof the Africa Integrated Reporting Committeein Botswana including the Botswana StockExchange, the Botswana Institute ofChartered Accountants and the BotswanaAccountancy Oversight Authority. The multi-stakeholder committee will supportimplementation of integrated thinking andreporting in the country.
Botswana Stock Exchange CEO, ThapeloTsheole, said, “The new BSE equity listingrequirements will require companies to adoptintegrated reporting on an 'apply-or-explain'basis and the approach has gained tractioneven before the rules are implemented.”
Richard Howitt, IIRC CEO, said of the news,“We rely on the advocacy of our partnersinternationally to help drive technical know-how and adoption of integrated reporting. I
would like to thank the members of theBotswana Integrated Reporting Committee forcoming together to help build this knowledgeand drive uptake. As we know from marketswhere integrated reporting is alreadyembedded, this has the power to lead to veryreal benefits in terms of governance,sustainable development and growth in themarket."
IIRC partners with theSocial & Human CapitalCoalition
The IIRC haspartnered with theSocial & HumanCapital Coalition(SHCC) via a jointstatement settingout the importanceof capitalmeasurement,valuation andreporting throughthe SHCC Protocoland the
International <IR> Framework.
Both organizations have endorsed eachothers frameworks and will continue to workin synergy to amplify positive impact,including with mutual partners such as theNatural Capital Coalition.
Social and human capital assessmentsdirectly support external disclosure throughthe <IR> Framework, helping capital marketsunderstand which companies are investing inpeople, communities and relationships;investments which boost long term value
This approach also helps organizationscommunicate with financial capital providersand wider stakeholders on their strategy,opportunities and risks in a concise andintegrated way.
The Social & Human Capital Coalition,launched in April 2018, provides a home forthe numerous organizations working toadvance this field, by promoting consistencyof methodological approaches.
The IIRC sits on the advisory group and hasbeen pleased to input into the Protocol’sdevelopment. The two organizations will workto integrate social and human capitalalongside the other capitals in the <IR>Framework, which is essential in making theright decisions for business and society.
Mitsubishi UJF Trust andBanking latest investorto signal support forintegrated reporting
Mitsubishi UJFTrust and Bankinghas become thelatest investororganization tosign our investorstatement,signalling theirsupport forintegrated
reporting and its importance in their capitalallocation decisions.
The IIRC encourages partners to activelyengage in this process to ensure thatassurance can develop in a way that givesusers confidence in the information providedin integrated reports.
Further details are available via the IAASBwebsite.