LONDON, 14 December 2011 – The results of a roundtable discussion on integrated reporting have been presented to the International Integrated Reporting Council.
Following a roundtable discussion on 1 December 2011, Communicate Magazine has written an open letter to the International Integrated Reporting Council, IIRC, in response to its Discussion Paper, Towards Integrated Reporting: Communicating Value in the 21st Century.
This roundtable discussion followed a survey by Communicate Magazine and SAS on integrated reporting, the results of which were presented on 1 December. The survey was completed by a broad range of FTSE100 and FTSE 250 companies, including over 30% of the FTSE100. Anonymity was preserved to ensure companies felt able to raise any concerns.
Molly Pierce, editor of Communicate Magazine, said, "We're delighted to present the IIRC with our findings. Having worked with SAS on this project, it's clear that improving the current reporting process is vital for companies looking to represent the ways in which they create value for their stakeholders. We look forward to seeing the results of the IIRC's consultation and, hopefully, the implementation of an integrated reporting framework".
David Stocks, executive creative director and client partner at SAS, said, "There is no doubt in my mind that integrated reporting will become the way we measure performance going forward. The issues are no longer ‘nice to do’ parts of the reporting map, they are central to the sustainable profits of major companies."
Communicate is the UK’s leading magazine in corporate communications and stakeholder relations. Communicate is the only magazine to help organisations present a consistent and coherent image to all their stakeholders, including the media, investors, employees, regulators, the supply chain and the communities in which they operate.