Congrats to Exxaro Resources, Nedbank, Redefine Properties, Pan African Resources, Sea Harvest, GEMS, DBSA and SAICA for winning their categories in the CGISA/ JSE Integrated Reporting Awards 2023. View the full list of winners and […]
Wondering how the new sustainability standards can fit into your corporate reporting suite? The IRC’s latest Information Paper puts the standards in the context of the board’s role in reporting, the existing sustainability standards, and […]
The International Sustainability Standards Board (ISSB) has released its first two IFRS Sustainability Disclosure Standards, IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures. The Standards are being positioned as a ‘global baseline’ to which a […]
Congratulations to Nedbank for winning the EY Excellence in IR Awards 2023; Redefine Properties and Kumba Iron Ore took the second and third spots.To access the results click here.
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 […]
On 1 August 2022 the IFRS Foundation announced the completion of the consolidation of the Value Reporting Foundation (VRF) into the IFRS Foundation. The VRF’s Integrated Reporting Framework provides connectivity between financial statements and sustainability-related financial […]
The IFRS Foundation, on 25 May 2022, released a statement articulating the future path for integrated reporting. It offers clarity following the Value Reporting Foundation’s consolidation on 30 June 2022. The International <IR> Framework becomes […]
The IFRS Foundation and the GRI have signed an MoU to align capital market (IFRS Foundation) and multi-stakeholder standards (GRI) to create an interconnected approach for sustainability disclosures. The compatibility should ease the reporting burden […]
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 […]
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 […]
In June 2022 the JSE released two guidance papers setting out sustainability and climate disclosure guidance for listed companies. The papers serve as guidance and are not a part of the Listings Requirements. To access […]
The International Sustainability Standards Board (ISSB) has been formally announced. The ISSB will be formed by the consolidation of the Value Reporting Foundation (VRF – the merged IIRC and SASB) and the CDSB into the […]
The Value Reporting Foundation has released Transition to integrated reporting: A Guide to getting started Its aimed at helping new preparers develop a transition plan to integrated reporting.
The International Accounting Standards Board (IASB) in May 2021 released an Exposure Draft on Management Commentary to update its original voluntary Practice Statement released in 2010. The IASB is currently in the process of considering […]
The International Organization of Securities Commission (IOSCO) sets out its vision and expectations for the IFRS Foundation’s work on a global baseline for sustainability standards. IOSCO also released an interesting new report on issuers’ sustainability-related […]
The new Value Reporting Foundation focuses on offering three resources tools: integrated thinking, the <IR> Framework and the SASB standards. The full media release on this development can be found here.
IFRS governance changes to see in the new ISSB To establish the new International Sustainability Standards Board (ISSB), the IFRS Foundation has to amend its constitution. The proposed changes are in an exposure draft open […]
IFRS Trustees respond The IFRS Foundation has released a Feedback Statement, which is a summary of the comments received on its Consultation Paper on Sustainability Reporting issued in September 2020. The Statement includes the Trustees’ […]
The IAASB has released its Guidance on Extended External Reporting (EER) assurance (which covers integrated reporting). It culminates a project that started in October 2017. To view the guidance click here
The joint thought leadership paper released in February 2021 explains the status quo, the difference between reasonable and limited assurance, and sets out the way forward in an easy-read format. To view the document click […]
For a quick look at the new content (highlighted in yellow) and the deletions (in comment boxes). International <IR> Framework (2021) with marked up changes.
The six focus areas of a meaningful and concise integrated report are highighted in the IRC’s 2021 Information Paper – Delivering a meaningful and concise integrated report
The Reporting on Enterprise Value paper shows how existing sustainability guidelines and the recommendations of the TFCD can be used to achieve global standards for sustainability-related financial disclosure. You can download the paper here. […]
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 […]
Sasol was named as overall winner. Other category winners include Kumba Iron Ore, Netcare, Royal Bafokeng Platinum, Sun International, Sea Harvest Group and the Institute of Directors in South Africa. To view the winners list […]
Winners of the EY Excellence in IR Awards 2020: Nedbank, Kumba Iron Ore, Redefine Properties. Read the full list of winners and the survey analysis – Report: EY Excellence in Integrated reporting 2020 Report Media release: Excellence […]
The Integrated Reporting Committee (IRC) of South Africa has developed this Information Paper (Paper) to assist organizations with their disclosure of the information required in terms of the Outlook Content Element of the Framework. The […]
Corporate reporters will be happy about the commitment announced by the CDP, CSDP, GRI, SASB and the IIRC to work together to achieve comprehensive globally accepted corporate reporting. The move could prompt a broader rationalization […]
2020 is the year of change for the International <IR> Framework. The revision is a “modernization” rather than a wholesale revision and deals with targeted areas. The process kicked off in February with the release of […]
This publication prepared by the Centre for Critical Accounting and Auditing Research at the University of the Witwatersrand, outlines the benefits and drivers of better quality reporting. Impediments to high quality reporting are also covered. […]
The Good Governance Academy’s conference, May 2020, can be viewed on this link: https://www.youtube.com/channel/UCMVLUWNCeyVSQK0n9HiNrxA
This new report from the IIRC’s Integrated Thinking group introduces a new model for integrated thinking called ”the Spring model’.
Nedbank was named as overall winner, with category and merit award winners over 10 categories announced in the 2019 Integrated Reporting Awards of the Chartered Secretaries of Southern Africa in collaboration with the JSE. For […]
Nedbank took top honours again, followed by Kumba Iron Ore and Redefine Properties in this 2019 survey of the top 100 JSE listed companies. The top 10 also inludes Sasol, Vodacom, Impala Platinum, Oceana Group, […]
The Business Roundtable, America’s most influential group of corporate leaders has released a statement on the purpose of a corporation which proposes that a company has a broader responsibility to society, which it can better […]
This paper from the <IR> Banking Network of the IIRC, March 2017, focuses on Innovation and R&D in the international banking sector. Read the paper “Innovation in banking – are we communicating the value created?”
The International Federation of Accountants (IFAC) released its Policy Position 8 in January 2017, Enhancing organizational reporting: Integrated Reporting key, setting out its strong support for integrated reporting.
The King IV Report on Corporate Governance for South Africa 2016, released 1 November 2016, emphasises the integrated report and integrated thinking. The report can be obtained from the IoDSA website.
PwC’s 19th Annual Global CEO Survey reveals that embedding sustainability thinking is becoming a mainstream approach to business-as-usual. The survey also provides a roadmap and SA trends.
Two new global research surveys of global CEOs and C-suite execs highlight the need for integrated thinking in business. Read CIMA’s “Joining the Dots: Decision Making for a New Era” and PwC’s “Business Through a […]
The survey evaluates 270 annual reports from public companies in 16 countries. It looks at the quantitative and qualitative information in relation to the business model, strategy, performance and risk across 15 sectors. Read the survey […]
Vodacom was the overall winner. The category winners: Nedbank – Top 40 Liberty – Mid Cap ArcelorMittal SA – Small Cap York Timbers – AltX Transnet – Large State-owned Entity Sasria – Small State-owned Entity […]
Kumba Iron Ore, Oceana Group and Liberty Holdings took the honours in the EY Excellence in Integrated Reporting Awards 2016. Download the report here.