Over the past 20 years the value of financial reporting has been called into question, with investors and stakeholders acknowledging the interconnectivity between financial, environmental, social and governance issues. In response the Integrated Reporting agenda has been gathering pace, and over 140 leading business and institutional investors around the world have joined the International Integrated Reporting Council’s (IIRC) pilot scheme. However, at Salterbaxter we’re seeing many companies interpret integration by simply combining financial and non-financial information in their annual reports. When this is guided by materiality, this disclosure is still useful. However it misses a number of important steps that businesses need to go through in order to fully emerge as a company that acts and makes business decisions in an integrated manner. We’ve outlined the who, what and most importantly why consider integrated reporting in our May Directions report ‘Changing mindsets on integrated reporting’ As our clients face the challenge of understanding the complex issues that integrated reporting highlights questions around how integration will bring value to their business are not easy to answer. But our approach is to help clients engage with them and understand the issues and opportunities that it creates. If you are interested in finding out more about what’s driving the IR agenda, then please download the report here, or call Jeff Sutton on 020 7229 5720 for more information.