Uncategorized – Integrated Reporting SA

Winning reports – CGISA/ JSE Integrated Reporting Awards 2022

IRC of SA — Sun, 13 Nov 2022 21:27:45 +0000

Congratulations to Nedbank for winning the CGISA/ JSE Integrated Reporting Awards 2022.
View the full list of winners in all categories, listed and unlisted companies and the judges’ report.

Code for Responsible Investing in SA

IRC of SA — Wed, 28 Sep 2022 12:23:05 +0000

South Africa’s Second Code for Responsible Investing in South Africa, 2022 (CRISA 2) was released in September 2022. It builds on the first CRISA Code (2011) and contains five voluntary principles for stewardship and responsible investment as a key component of the South African governance framework. The Codes recommend integrated reporting. To download CRISA 2 click here.

Climate change reporting changes in the US

IRC of SA — Sun, 20 Mar 2022 08:14:25 +0000

The US Securities and Exchange Commission (SEC) is updating, after a public consultation period, for amendments on the enhancement and standardization of climate-related disclosure for investors. The proposed rule changes will require climate-related disclosures in registration and [...]

Update from the IRC

IRC of SA — Fri, 18 Mar 2022 13:46:13 +0000

This Update, released on 14 March 2022, addresses some of the recent international developments in corporate reporting. It sets out the IRC’s technical focus for 2022, which includes comment submissions and developing practical FAQs to explain the new international sustainability standards and how they can fit with the integrated report. Click here to view the IRC update.

Furthermore, please see an additional update from the Value Reporting Foundation – click here.

ISO 37000 – A call for comments on IR

IRC of SA — Tue, 08 Mar 2022 12:00:00 +0000

The ISO 37 000 Standard guides governing bodies to report, in an integrated manner, on its governance and the organization’s performance, generation of value (creation, erosion, and preservation), resource stewardship, financial resources, and other matters. Input is sought on the current demands of governing bodies for integrated reporting. The comment deadline is 21 March 2022.

https://docs.google.com/forms/d/e/1FAIpQLSdO51cPNVR9zkoXj77aFgL7pKduNNscQ1g3JaEs8YdbCYNRQw/viewform

The JSE’s draft sustainability guidelines

IRC of SA — Wed, 15 Dec 2021 05:44:54 +0000

The JSE has released guidelines for sustainability and climate disclosure. While intended primarily to assist JSE-listed companies, the guidance will also be of value to institutional investors and the different entities that they invest in (including non-listed companies and debt issuers), as well as a range of stakeholder groups interested in sustainability/ESG disclosure and performance. The guideline papers are open for public comment until 28 February 2022. Click here to view the papers.

Integrated Thinking principles

IRC of SA — Wed, 15 Dec 2021 05:39:56 +0000

Embedding and checking …. The VRF has launched a Prototype of key principles of integrated thinking, and are designed to be embedded into an organisation’s business model and applied across key activities overseen by the Board and managed by the senior management team. Click here to view the principles.

Presentations_IRC Annual Conference 2021 International developments in reporting: A practical look for preparers

IRC of SA — Tue, 23 Nov 2021 14:58:22 +0000

The presentations for the 2021 Annual Conference on Integrated Reporting sessions can be found at the links below:

The future of corporate reporting
Professor Mervyn King, Chair of the IRC and Chair emeritus of the Value Reporting Foundation
No presentation

The role of the new International Sustainability Standards Board (ISSB)
Professor Suresh Kana, Deputy chair of the IRC and a Trustee of the IFRS Foundation
Click here to view slides

What we could see in climate reporting
Michael Zimonyi, Policy & External Affairs Director of the Climate Disclosure Standards Board (CDSB)
Click here to view slides

How GRI reporting fits in corporate reporting
Bastian Buck, Chief of Standards, GRI
Click here to view slides

The new process disclosures and the IRC’s Updated Governance Information Paper
Fay Hoosain, IRC Working Group and director of BTI (Pty) Ltd
Click here to view slides

Trends in integrated reporting in South Africa
Jayne Mammatt, IRC board member, director at PwC, adjudicator of the CGISA Awards
Click here to view slides

The prototype Integrated Thinking principles
Dr Jeremy Osborn, Director of business relationships & networks, Value Reporting Foundation
No presentation

IRC Annual Conference 2021 International developments in reporting: A practical look for preparers

IRC of SA — Tue, 26 Oct 2021 04:45:15 +0000

Webcast

To view the webcast, please click here.

Download the presentations

To download the presentations slides, please click here.

IRC Annual Conference 2021 – Programme

9:00 – 9:05	Welcome Leigh Roberts, CEO of the IRC
9:05 – 9:30	Address: The future of corporate reporting Professor Mervyn King, Chair of the IRC and Chair emeritus of the Value Reporting Foundation
9:30 – 10:00	Address: The role of the new International Sustainability Standards Board (ISSB) Professor Suresh Kana, Deputy chair of the IRC and a Trustee of the IFRS Foundation
10:00 – 10:30	Presentation: What we could see in climate reporting Michael Zimonyi, Policy & External Affairs Director of the Climate Disclosure Standards Board (CDSB)
10:30 – 10:40	10-minute break
10:40 – 11:10	Presentation: How GRI reporting fits in corporate reporting Bastian Buck, Chief of Standards, GRI
11:10 – 12:00	Panel discussion: A panel of experts on the practical implications for preparers: materiality, value creation, preservation or erosion, enterprise value, different reports and governance Mohamed Adam, IRC Working Group and King Committee, Mark Hoffman, IRC Working Group and partner at Deloitte, Karin Ireton, IRC Working Group and TCFD consultant, Corli le Roux, IRC Working Group and member of the GRI’s Global Sustainability Standards Board and Leigh Roberts, CEO of the IRC
12:00 – 12:20	20-minute break
12:20 – 12:45	Presentation: The new process disclosures and the IRC’s Updated Governance Information Paper Fay Hoosain, IRC Working Group and director of BTI (Pty) Ltd
12:45 – 13:15	Presentation: Trends in integrated reporting in South Africa Jayne Mammatt, IRC board member, director at PwC, adjudicator of the CGISA Awards
13:15 – 13:40	Presentation: The prototype Integrated Thinking principles Dr Jeremy Osborn, Director of business relationships & networks, Value Reporting Foundation
13:40 – 13:45	Thanks and closing remarks Leigh Roberts

The IRC Annual Conference 2021 was generously sponsored by

Speaker profiles

Access the speaker profiles here

Previous conferences

Access the presentations and webcasts of our previous Conferences

Marked-up version of the International Framework (2021)

IRC of SA — Wed, 18 Aug 2021 13:24:19 +0000

This marked-up version offers the reader a quick look at the changes in the International Framework (2021) over the original 2013 version. The new content has been highlighted and deletions are noted in comment boxes. To view the marked-up copy, click here. To view the revised version of the International Framework (2021), click here:

Aligning internal and external integrated reporting

IRC of SA — Wed, 18 Aug 2021 12:46:40 +0000

The content areas and six capitals of the integrated report offer a useful structure for holistic internal reporting and driving integrated thinking.

See the Integrated Reporting Committee (IRC) of South Africa’s latest Information Paper Aligning Internal and External Integrated Reporting by clicking here.

International developments in corporate reporting … follow the story

IRC of SA — Sat, 01 May 2021 05:01:53 +0000

Reshaping the corporate reporting system

Over the past few years…

Since 2019 there has been a concerted effort to achieve a global comprehensive corporate reporting system that brings in sustainability reporting. A big part of this has been ensuring consolidation among the many many sustainability standards and frameworks that face preparers. With this in mind, in September 2020, the International Integrated Reporting Council (IIRC) and four of the main sustainability players joined hands and released a Statement of Intent to Work Together to achieve greater alignment – the four being the Climate Disclosure Standards Board (CDSB), Carbon Disclosure Project (CDP), GRI and Sustainability Accounting Standards Board (SASB).

In December 2020, the group (known as the ‘gang of five’) released the Reporting on Enterprise Value – the paper offered a prototype showing how their existing sustainability guidelines plus the TFCD recommendations can all fit together to achieve global standards for sustainability-related financial disclosures in the area of climate change. This paper was significant, offering a prototype for future global sustainability reporting standards (for climate change and then extend to other ESG matters). The paper also initiated the term ‘enterprise value’ and enterprise value creation, preservation, or erosion.

The Value Reporting Foundation’s formation and then subsequent consolidation into the ISSB

In November 2020, the IIRC announced that it will merge with the US-based SASB in June 2021 to form the Value Reporting Foundation. Their motivation for the merger was that the International Framework (Integrated Reporting Framework) offers the structure (the how) and the SASB sustainability indicators offer the metrics for measuring impacts and outcomes (the what).

At last count In 2021, over 2 500 organisations apply the Framework and almost 1100 organisations use the SASB Standards.

For the 9 June 2020 media release click here and you can access the FAQs on the merger via this link https://www.valuereportingfoundation.org/about/faqs/ For the latest updates from the VRF see its website https://www.valuereportingfoundation.org/news/

The new kingpin is the International Sustainability Standards Board (ISSB)

Starting with a bit of history…..In September 2020, the IFRS Foundation (the ruling governance body of the International Accounting Standards Board (IASB) which issues standards on financial accounting reporting used around the world except in the US which has its own standards) issued a consultation paper on whether or not it should also offer sustainability reporting standards. In February 2021, it announced that there had been positive public feedback and it would continue its initiative of working to establish an International Sustainability Standards Board (ISSB). In April 2021, it released a Feedback Statement summarising the public comments along with an exposure draft covering the necessary proposed changes to its constitution. It stated that it will provide investor-focused global sustainability standards relevant to enterprise value. The standards will initially focus on climate change before being extended to other sustainability areas (biodiversity is next in line), and existing material in the sustainability area will be considered.

The ISSB was officially launched on 3 November 2021 at the COP 26 meeting in Glasgow. The ISSB issues IFRS Sustainability Disclosure Standards, starting off with climate change, and to be followed by other sustainability matters (eg biodiversity/nature).
Also announced was the consolidation of the technical expertise and resources of the VRF and the Climate Disclosure Standards Board (CDSB) into the ISSB (this process was completed in August 2022 – meaning that the VRF is no more and has now been completely absorbed). For the 3 November 2021 media release and FAQs click here.

When making the 3 November 2021 announcements, the Technical Readiness Working Group (TRWG) released three prototype papers: General Requirements for Disclosure of Sustainability-related Financial Information Prototype, Climate-related Disclosures Prototype and its Supplement: Technical Protocols. available on the IFRS website (click here to view). Their significance is that they formed the basis of the Exposure Drafts released by the ISSB on 31 March 2022. The TRWG as a multi-body group (VRF, CDSB, IASB, TCFD and WEF) was tasked by the IFRS Foundation to develop a unified set of recommendations for consideration by the new ISSB.

See the IFRS Foundation website for the chronology and documents https://www.ifrs.org/projects/work-plan/sustainability-reporting/.

The ISSB Exposure Drafts and standards

On 31 March 2022, the ISSB released its first two Exposure Drafts for public comment. The first sets out general sustainability-related disclosure requirements and the other specifies climate-related disclosure requirements. The Exposure Drafts were open for public comment to 29 July 2022. The ISSB standards will be positioned as a global baseline for sustainability disclosure reporting. To access the webpage containing the two Exposure Drafts, click here. The ISSB received over 1600 public comments. The ISSB new standards are expected to be released in the first half of 2023. In April/May 2023 the ISSB will have a global consultation to determine its next projects and exposure drafts.

The weighty role of stock exchanges

Relevant to the international developments is the role of IOSCO, the International Organization of Securities Commissions (the global industry body of capital markets regulators), whose membership regulates the securities markets in 130 jurisdictions. IOSCO has put its influential weight behind the IFRS Foundation forming the ISSB. IOSCO chairs the IFRS Monitoring Board which oversees the IFRS Foundation Trustees, which in turn oversees the IASB and the ISSB.

The IASB’s Management Commentary Practice Note

In (im)perfect timing, the IASB in May 2021 released its Exposure Draft on the Management Commentary Practice Note for public comment to November 2021. For the IASB documents, click here. It is expected that the IASB and ISSB will consider this document in the light of the Integrated Reporting Framework.

The integrated report and the Integrated Reporting Framework

The IASB and the ISSB are the new bodies responsible for the Integrated Reporting Framework. They have encouraged continued use and adoption of the Framework in the interests of high-quality reporting. Also recognised is the international uptake of the Framework and integrated reporting. So, organisations should carry on using the Framework for their integrated reports. The staff of the IIRC have been absorbed into the IFRS Foundation group and support for the Framework continues. The old IIRC Council (the broad group of global organisations with an interest in corporate reporting) is now called the Connectivity and Integrated Reporting Council and is positioned as an advisory body to the IFRS Foundation on integrated reporting and integrated thinking.

The EU’s European Sustainability Reporting Standards (ESRS)

On 29 April 2022, the EU’s twelve exposure drafts European Sustainability Reporting Standards (ESRS) were released for public comment to 8 August 2022. The exposure drafts are based on double materiality. They cover: general principles, general disclosure requirements, climate, pollution, water and marine resources, biodiversity and ecosystems, resource use and circular economy, own workforce, workers in the value chain, affected communities, consumers and end-users, governance, and business conduct. See https://www.efrag.org/lab3

This document, on the EFRAG website, usefully compares the draft ESRS to the ISSB Sustainability Exposure Drafts – view document by clicking here.

After considering the public comments received, the exposure drafts were released as twelve draft ESRS standards in November 2022 and submitted to the European Commission for consideration. They are expected to be enacted in June 2023. They will apply to many EU organizations as well as some non-EU companies operating in the EU that meet certain threshold criteria. The EFRAG media release of 22 November 2022, the link to the standards, and analysis of changes to the exposure drafts are available here The standards are expected to be phased in from financial years 2024. The ESRS will develop proportionate standards for SMEs as well as sector-specific standards in its second set of draft standards to be released for public comment in 2023.

The GRI

After taking part in the initial coming together of the ‘gang of five’ in December 2020, the GRI (Global Reporting Initiative) has retained its independence as a global body issuing sustainability reporting standards to meet the information needs of stakeholders (i.e. multi-stakeholders, including investors). This is a differentiating factor from the ISSB standards, however, the ESRS is in line with the GRI perspective. Another major differentiating factor to the ISSB is that the GRI has always focused on impacts on society and the environment; but again the ESRS is aligned with the GRI perspective. Note that the GRI standards are voluntary standards.

The GRI has memoranda of understanding with both the EU’s EFRAG (the body responsible for the ESRS standards) and the ISSB. This is in a bid to achieve interoperability and/or alignment.

What is enterprise value?

One of the new terms arising from the developments is ‘enterprise value’, which first appeared in the Reporting on Enterprise Value paper. The ISSB Exposure Drafts define enterprise value as: “The total value of an entity. It is the sum of the value of the entity’s equity (market capitalisation) and the value of the entity’s net debt.” And further (on page 22 of the General Sustainability Disclosure Exposure Draft): “Enterprise value reflects expectations of the amount, timing and certainty of future cash flows over the short, medium and long term and the value of those cash flows in the light of the entity’s risk profile, and its access to finance and cost of capital. Information that is essential for assessing the enterprise value of an entity includes information that is provided by the entity in its financial statements and sustainability-related financial information.”

Enterprise value is assessed by the users of general purpose financial reporting (seen by the ISSB as investors).

Double materiality

Double materiality is another term that has risen to The EU’s ESRS standards are based on double materiality, whereas the ISSB Exposure Drafts see materiality in terms of enterprise value.

Broadly, double materiality addresses impacts on society and the environment (so it covers sustainability impacts plus financially based materiality), while the narrower enterprise value view addresses only those sustainability impacts which can affect the organisation’s future cash flows, i.e. the financial perspective.

Putting everything together using the ‘global baseline’ approach

The IFRS Foundation and the ISSB are promoting their standards as the ‘global baseline’. Broadly, this positions the ISSB standards (that meet the needs of investors and report on the sustainability effects and impacts affecting the organisation over time) as the starting off point, to which other information can be ‘layered’ (this other information being for instance, regional sustainability reporting requirements such as the ESRS, the SEC etc, multi-stakeholder standards such as the GRI, plus a country’s specific national requirements and corporate governance needs).

Assurance

A part of the move to sustainability disclosures is the element of assurance – the information must be assurable to be seen as reliable by investors and others. Hence, the International Auditing and Assurance Standards Board (IAASB) is currently looking at standards for sustainability assurance. Expect more pronouncements in this area.

Value Reporting Foundation

IRC of SA — Wed, 09 Dec 2020 09:16:28 +0000

The IIRC has announced its intention to merge with the US-based Sustainability Accounting Standards Board (SASB). The move exemplifies the fast pace of change in the international corporate reporting arena. For the November 2020 media release click here and a list of all the recent developments click here.

IRC Annual Conference 2020 – Integrated Thinking in Action

IRC of SA — Sun, 25 Oct 2020 09:11:03 +0000

The IRC hosted the annual Conference 2020 – Integrated Thinking in Action – on 26 November 2020. The webcast and presentations are available below.

Webcast

To view the webcast, please click here.

Download the presentations

To download the presentations, please click here.

IRC Annual Conference 2020 – Programme

9:00 – 9:05	Welcome Leigh Roberts, CEO of the IRC
9:05 – 9:20	Keynote address: 10 years of IR: What lies ahead? Professor Mervyn King, Chair of the IRC and Chair Emeritus of the International Integrated Reporting Council (IIRC)
9:20 – 10:05	Panel discussion: Reporting in a time of crisis: Showing the integrated picture Professor Mark Graham, Associate Professor at the University of Cape Town’s Graduate School of Business; Alfred Visagie, Head: Investor Relations of the Nedbank Group; Ian Kramer, Interim Chief Financial Officer of AngloGold Ashanti Ltd; and Dr Leila Fourie, CEO of the Johannesburg Stock Exchange. Host: Leigh Roberts
10:05 – 10:10	5-minute break
10:10 – 10:45	Panel discussion: Integrated risk management: A six capitals perspective Itumeleng Lebepe, Chief Risk Officer of Exxaro Ltd and Berenice Francis, Group Executive: Corporate Affairs, Risk and Sustainability of Motus Holdings Ltd. Host: Sheralee Morland, IRC Working Group member and Past President of the Institute of Risk Management of South Africa
10:45 – 11:15	Presentation: Update on the revision of the International Framework Liz Prescott, Technical Director of the IIRC
11:15 – 11:30	Coffee break
11:30 – 11:45	Presentation: Outlook: IRC Information Paper Esha Mansingh, IRC Working Group member and Chief Corporate Affairs and Investor Relations Officer of Imperial Logistics Ltd
11:45 – 12:10	Q&A: Integrated purpose and long-term value Professor Mervyn King. Host: Leigh Roberts
12:10 – 12:15	5-minute break
12:15 – 12:45	Presentation: IR trends in South Africa and how integrated reports have evolved over the past 10 years Professor Mark Graham, Associate Professor at the University of Cape Town’s Graduate School of Business
12:45 – 13:15	Presentation: Assurance of the integrated report: Is it really needed? Michael Bray, Director, In-Country Engagement of the IIRC and Professor of Practice (Integrated Reporting) at Deakin University
13:15 – 13:20	Close and thanks Leigh Roberts

The IRC Annual Conference 2020 is generously sponsored by

Speaker profiles

Access the speaker profiles here.

Previous conferences

You can access the presentations and webcasts of previous conferences here:

The International <IR> Framework

IRC of SA — Wed, 09 Sep 2020 11:05:47 +0000

The International Integrated Reporting Council (IIRC) is a global coalition of regulators, investors, companies, standard setters, the accounting profession and NGOs. Together, this coalition shares the view that communication about value creation should be the next step in the evolution of corporate reporting.

The International Framework has been developed to meet this need and provide a foundation for the future.

Download the International Framework here.

Further information about the IIRC can be found on its website.

FAQ: Reporting in a time of crisis

IRC of SA — Tue, 01 Sep 2020 17:48:01 +0000

Where and how should the organization show the impacts of the pandemic and the uncertainties that lie ahead in its integrated report? Read the IRC’s latest FAQ

FAQ – Reporting in a time of crisis

Some recent examples of COVID-19 reporting in Integrated Reports in South Africa

Pick n Pay 2020

IRC Annual Conference 2019 – Integrated Reporting

IRC of SA — Tue, 05 Feb 2019 19:15:29 +0000

The IRC hosted a one-day conference on Thursday 18 July 2019 at the JSE aimed at preparers and users of integrated reports.

Webcast

The webcast of the Annual Conference is now available to view for free. To view the webcast, please click here. Please note that to register on the platform you will be required to submit some personal information.

Download the presentations

The presentations from the conference can be accessed on the Presentations page.

Programme

8:00 – 9:00	Registration and refreshments
9:00 – 9:05	Welcome from the IRC Leigh Roberts, CEO of the IRC
9:05 – 9:10	Welcome from the JSE
9:10 – 9:30	Keynote address: Collaboration – the 17^th SDG Professor Mervyn King, Chairman of the IRC and Chairman Emeritus of the International Integrated Reporting Council
9:30 – 10:15	Chairmen’s perspective of Integrated Thinking and Integrated Reporting Roy Andersen, Chairman of Sasfin Holdings and Sasfin Bank, and Suresh Kana, Chairman of Murray & Roberts and Lead Independent Director of JSE Ltd. Hosted by Leigh Roberts, CEO of the IRC
10:15 – 10:45	Achieving Balance in the Integrated Report Henrika Ninham, Sibanye Stillwater, and Tracey Davies, Just Share. Hosted by Mark Hoffman, IRC Working Group
10:45 – 11:15	Tea and networking
11:15 – 11:45	Timely Reporting using Digital Platforms Linda Buchler, Ince, and Charmane Russell, R&A Strategic Communications. Hosted by Fay Hoosain, IRC Working Group
11:45 – 12:30	Determining Materiality Sarah Chetty, Vodacom, Adithi Rooplall, Anglo American Platinum, and Bruce Thomas, Nedbank. Hosted by Sheralee Morland
12:30 – 13:15	Lunch
13:15 – 14:15	Investor Insights into Integrated Reporting Mark Ingham, Ingham Analytics, Robert Lewenson, Old Mutual Invest, Nolwandle Mthombeni, Mergence Investment Managers, and Dumisani Ndlovu, All Weather Capital. Hosted by Esha Mansingh, IRC Working Group
14:15 – 14:45	Trends, Strengths and Weaknesses Professor Alex Watson, UCT
14:45 – 15:30	Implementing Integrated Reporting in the Public Sector Wasfie Ismail, Airports Company South Africa, Celice Lison, IDC and Carolien Samson, Land Bank. Hosted by Nasiegh Hamdulay, IRC Working Group
15:30 – 15:45	Final Questions & Close Leigh Roberts, IRC

With grateful thanks to our webcast sponsor:

Previous conferences

You can access the presentations and webcasts of previous conferences here:

Better Alignment Project launched by CRD

IRC of SA — Mon, 03 Dec 2018 19:34:29 +0000

On 7 November 2018, the Corporate Reporting Dialogue, convened in June 2014 by the IIRC to respond to market calls for greater coherence, consistency and comparability between corporate reporting frameworks, standards and related requirements, announced the “Better Alignment Project”.

This is a major two year-project in which the frameworks will undertake joint work to map and align their metrics, to identify how non-financial metrics relate to financial outcomes, with the ultimate aim for a paradigm shift towards the integration of financial and non-financial information.

South Africa represented at MITH conference in Rome

IRC of SA — Sat, 21 Jul 2018 15:00:30 +0000

The CEO of the IRC of SA, Leigh Roberts, and two South African companies were on the stage at the Make Integrated Thinking Happen Conference in Rome in May 2018.

Pictured are:

Leigh Roberts, CEO of the IRC of SA
Fay Hoosain, Senior Vice President Governance, Compliance and Ethics, Sasol
Nola Richards, Group Integrated Reporting Manager, Barclays Africa

Mervyn King on the role of integrated reporting and industrial revolutions

IRC of SA — Sat, 21 Jul 2018 14:51:39 +0000

Professor Mervyn King, chairman of the IRC of South Africa and IIRC Chairman of the Council delivered the Law Oration at Deakin University in Melbourne, Australia on 22 February 2018 looking at the history of business and how corporate governance has developed through industrial revolutions.

A transcript of his speech can be found here.

An introductory video can be viewed here.

A video of the full address can be accessed here.

IRC Annual Conference 2018 – Integrated Reporting

IRC of SA — Wed, 07 Mar 2018 14:07:06 +0000

The IRC hosted a one-day conference on Tuesday 24 July 2018 at the JSE.

Webcast

The webcast of the Annual Conference is now available to view for free. To register and view the webcast please click here.

Download the presentations

The presentations from the conference can be accessed on the Presentations page.

Programme

8:00 – 9:00	Registration and refreshments
9:00 – 9:05	Welcome from the IRC Leigh Roberts, CEO of the IRC
9:05 – 9:10	Welcome from the JSE Shameela Soobramoney, Senior Manager, Group Strategy and Sustainability, JSE
9:10 – 9:30	Integrated Thinking and the Business Model Professor Mervyn King, Chairman of the IRC and King Committee and Chair of Council of the International Integrated Reporting Council
9:30 – 10:15	CEO Perspectives on Integrated Thinking and Integrated Reporting Nick Holland, CEO of Gold Fields and Andrew Konig, CEO of Redefine Properties. Hosted by Leigh Roberts, CEO of the IRC
10:15 – 11:00	Investor Perspectives on Integrated Thinking and Integrated Reporting Olga Constantatos, Credit and Equity Process Manager, Futuregrowth Asset Management, Nkateko Mathonsi, Resource Analyst, Investec Bank and Lebogang Molebatsi, General Manager: Listed Equities, PIC. Hosted by Fay Hoosain, IRC Working Group member
11:00 – 11:30	Tea and networking
11:30 – 11:45	International developments – Assurance of the Integrated Report Ciara Reintjes, IRBA and member of the Project Advisory Panel to the International Auditing and Assurance Standards Board’s (IAASB) Emerging Forms of External Reporting Task Force
11:45 – 12:00	International developments – Technical work programme of the International Integrated Reporting Council Yvette Lange, IRC Working Group member and IIRC technical representative
12:00 – 12:15	Update on the Code for Responsible Investing in South Africa (CRISA) Adrian Bertrand, IRC Working Group member and CRISA Secretariat
12:15 – 13:00	Disclosure of Governance Information in the Integrated Report Mohamed Adam, IRC Working Group member, King Committee, Professor Mervyn King and Professor Alex Watson, UCT and non-executive director of companies. Hosted by Larissa Clark, IRC Board member, IRC Working Group member, EY
13:00 – 13:40	Lunch
13:40 – 14:20	Getting Started Linda Buchler, Joint Managing Director, Ince and Rashied Small, Education and Training Executive, SAIPA. Hosted by Lelanie Sherman, IRC Working Group member, Greymatter & Finch
14:20 – 14:50	Trends and Weaknesses – Integrated Reports in SA Professor Alex Watson, UCT and adjudicator of the EY Excellence in Integrated Reporting Awards
14:50 – 15:35	Integrated Reporting in the Public Sector Kimi Makwetu, Auditor-General of South Africa, Ismail Momoniat, Deputy Director-General: Tax and Financial Sector Policy, National Treasury and Advocate Nompumelelo Nene, Company Secretary, National Lotteries Commission. Hosted by Suresh Kana, Deputy Chairman of the IRC and non-executive director of companies
15:40 – 15:45	Close

The Annual Conference 2018 is generously sponsored by:

The webcast is generously sponsored by:

You can read about the 2017 Conference and access the presentations here.

Nkonki 2017 Integrated Reporting Awards

IRC of SA — Mon, 04 Sep 2017 13:11:19 +0000

ArcelorMittal SA, Kumba Iron Ore and Barloworld took top honours among the top 100 JSE listed companies with Transnet leading the SOCs.

The report and full media release can be downloaded below:

Forging a path to Integrated Reporting

IRC of SA — Mon, 08 May 2017 19:46:01 +0000

The publication Forging a path to Integrated Reporting offers insights from the GRI Corporate Leadership Group on Integrated Reporting.

2017 Annual Conference on Integrated Reporting

IRC of SA — Sun, 07 May 2017 15:38:47 +0000

The IRC hosted a one-day conference on Thursday 27 July 2017 at the JSE, aimed at preparers and users of integrated reports.

View the webinar

A webinar of the conference is now available for viewing. To view the webinar of the annual conference click here.

Download the presentations

The presentations from the conference can be accessed on the Presentations page.

Programme

8:00 – 9:00	Registration and refreshments
9:00 – 9:05	Welcome – Leigh Roberts Chief Executive Officer of the IRC of South Africa
9:05 – 9:10	Welcome – Corli le Roux Head of Sustainability, Capital Markets Division of the JSE
9:10 – 9:35	Three Board Agenda items for the 21st Century -Professor Mervyn King Chairman of the IRC, King Committee and International Integrated Reporting Council
9:35 – 10:00	International trends and developments – Richard Howitt Chief Executive Officer of the International Integrated Reporting Council
10:00 – 10:30	Interactive Q&A with King and Howitt
10:30 – 10:55	Disclosure of Performance – Claire Hoy (Deloitte) and Thuto Masasa (Nkonki) The project leaders of the IRC’s latest technical paper lead the discussion on what works and what to avoid
10:55 – 11:25	Tea and networking
11:25 – 11:50	Dealing with Materiality in your Integrated Report – Jonathon Hanks (Incite) The various facets of materiality are discussed in this interactive session
11:50 – 12:15	Integrated Reporting for SMMEs – Darren Gorton (SAIPA) A look at how SMMEs can benefit from Integrated Reporting
12:15 – 12:45	Disclosure of Governance information in your Integrated Report Larissa Clark (EY) hosts this interactive session with Mohamed Adam, Associate Professor Mark Graham (University of Cape Town) and Professor Mervyn King
12:45 – 13:00	Integrated Thinking: International Findings – CIMA A global survey of C-suite executives identifies the benefits of integrated thinking in decision-making
13:00 – 13:45	Lunch
13:45 – 14:30	Business Model & Strategy Hosted by Mark Hoffman (KPMG) with three companies sharing their approaches – Leon Kok from Redefine Properties, Rob Huddy from Tsogo Sun and Gaositwe Molefe from Airports Company South Africa
14:30 – 15:15	Investor Perspectives on Integrated Reports Corli le Roux leads the discussion with Sven Forssman (Navigare Capital), Rene Swart (University of Pretoria), Waseem Thokan (Legae Securities) and Richard Howitt
15:15 – 15:30	Close – Leigh Roberts (IRC)
15:30 – 16:00	Tea and networking

We’re proud to have hosted the conference with the support of the following conference sponsors:

With grateful thanks to our webcast sponsor:

The live webcast and webinar was kindly sponsored by the Pan African Federation of Accountants (PAFA).

Nkonki JSE Top 100 Integrated Reporting Awards 2016

IRC of SA — Sat, 04 Jun 2016 19:55:46 +0000

ArcelorMittal SA, Barloworld and Nampak were awarded the top three rankings.

Download the report

Nkonki Public Sector Awards 2016

IRC of SA — Wed, 25 May 2016 20:12:28 +0000

Airports Company South Africa (ACSA), Telkom and Transnet took the top honours.

Download the report