ABSTRACT
The International Integrated Reporting Committee (IIRC) sees Integrated Reporting (<IR>) as an organisation's value creation story. It explains how the organisation will thrive in the short, medium and long term. It requires thinking beyond financial profit, thinking much more broadly about what creates value and what presents risk to value creation. <IR> is a new form of corporate reporting and whilst aimed primarily at providers of capital, the content is of interest to a broad range of stakeholders. <IR> requires a fundamentally different way of thinking about what makes an organisation successful. It makes visible the organisation's reliance on a much broader set of capitals than financial capital. Integrated reports are intended primarily for providers of capital including investors, shareholders or customers. Preparing an integrated report requires sound financial and sustainability reporting processes. Financial reporting and sustainability reporting are essential to demonstrating accountability, sound management and governance.
