Here we illustrate a sample of the 29 breakthroughs we have achieved towards early adoption of the <IR> Framework since its publication in December 2013.
Regulatory signposting or alignment in 16 countries in addition to adoption
1,600 organizations across 64 countries including every G20 economy
Global networks
with 2,000 participants including 500 in Brazil
Mainstream
in South Africa and Japan
Academic evidence
shows that integrated reporting improves conditions for long-term investment, reduces cost of capital, improves performance and improves liquidity
Accountancy bodies:
International Accounting Standards Board (IASB) and International Federation of Accountants (IFAC)
Supranational organizations:
European Commission, World Bank, United Nations Conference on Trade and Development (UNCTAD), Principles for Responsible Investment (PRI) and The Organisation for Economic Co-operation and Development (OECD)
B20:
IIRC part of B20 agenda of the G20 since 2014
First implementation review shows continued market support for the <IR> Framework in its current form
Included in curricula of leading international accountancy bodies
Training programme established with courses in 16 countries
BlackRock CEO calls for “annual strategic framework for value creation”
Partnership with CFA Institute and 12 leading international investor organizations
Landscape Map creates a more cohesive picture of the corporate reporting environment
Joint submission to the FSB Task Force on Climate-related Financial Disclosures