Integrated Reporting – The next step in TBL Accountability
The impacts of environmental, social and governance (ESG) issues on an organisation’s bottom line are intuitively well understood. Consider the negative impacts of the Deepwater oil spill in the Gulf of Mexico on BP’s bottom line, or the positive impact of General Electric’s environmentally driven business strategy – ecomagination. The idea therefore that sustainability issues should be fully integrated into business strategy and reflected in an organisation’s performance reporting seems obvious. Leading companies are beginning to transform their business strategies and performance reporting in order to meet their stakeholders’ increasing expectations for information that provides a holistic representation of their …
