Why was integrated reporting developed?
Integrated reporting has been developed to be consistent with a number of corporate reporting trends taking place across the globe. A range of market drivers are currently not being satisfied by complex and dated reporting methods. These include opportunities afforded by new technology, and the need for transparency, inclusiveness, and more information that is material to modern business.
We are working to align capital allocation and corporate behaviour to wider goals of financial stability and sustainable development through the cycle of integrated reporting and thinking. To facilitate this vision, the International Integrated Reporting Framework has been created, it includes principles-based guidance and content elements to govern and explain the information within an integrated report.