Mr Haddrill also issued a challenge to investors, calling on them to engage with <IR> to ensure that corporate reporting evolves to reflect their need for broader sets of information. Euan Munro, CEO, Aviva Investors responded to this challenge, accepting that investors have previously resorted to making decisions based on numbers alone. He called on his industry to take further interest in <IR>, and stated that Aviva Investors will lead the way, for example, by moving towards an integrated investment model that will see them no longer having separate ‘ethical’ funds as the same decisions will now be applied across all their funds.
Throughout the week of the Council meeting, engagements were held to evaluate the IIRC’s work with investors and the sustainability community. It was also an opportunity for the <IR> Business Network and the Public Sector Pioneer Network to meet, prompting discussions with organizations both new to <IR> and those already on the road; inspiring greater uptake. Blogs by the IIRC’s Sarah Grey (<IR> Business Network) and Grant Patterson (Public Sector Pioneer Network) are available to give an insight into these meetings.
Leaders from UK institutions, predominantly business and investor associations, also met during this week to consider how they can further collaborate to promote long-term value creation in the UK. This is a high-priority area for many professional bodies and other institutions, with active agendas covering a wide range of stakeholder groups. The energy in the room indicated that there is a wide acknowledgement that <IR> can play an important role in reaching many of their individual goals.