ABSTRACT
The principle-based approach adopted in the design of the International Integrated Reporting Framework (<IR> Framework) offers opportunities for experimentation around adaptability to widely differing legal forms of business organization and interactions with constituencies of interest. This case study seeks to reveal opportunities offered by the <IR> Framework relating to strengthening and articulating an organization’s reasons for existence to both owners and stakeholders, allowing expression of ‘why’ and for whose benefit. The case study’s not-for-profit professional association setting has broad applications to similar organizations and for-profit organizations. Not-for-profit and for-profit organizations have a vital interest in the evolving character of corporate disclosure, of which the <IR> Framework is both a driver and an example. This chapter canvasses developments in non-financial disclosure, specifically with regard to climate change disclosure, illustrating the importance of effective engagement in public interest-based policy advocacy.
