Integrated Reporting

Running head: INTEGRATED REPORTING
Integrated Reporting
Name of the Student
Name of the University
Author’s Note

1INTEGRATED REPORTING
Introduction
In general, IR is referred as representation of any non-financial performance of an
organization. This is conducive for majority of the organization to project the financial and non-
financial data. This will be further able to show how a company performs on the environmental,
governance and social parameters. This is important to be added for the sustainability to be
added in the main business areas. This is also incorporated in the annual report to improve the
brand value and customer loyalty.
Relevance of IR framework in the contemporary corporate
The relevance of the of the IR framework in the contemporary corporate has been seen
with inventors and the stakeholders feeling the limitation of the current annual report to be used
with the short-term approach. The primary motive of the IR needs to be considered in number of
areas which are depicted with analyse the and assessment of the company for creating a
sustainable value for helping the stakeholders in both medium terms and short term. Moreover,
corporate reporting needs to keep up the pace with the developing economic reality and address
the various types of the needs which are seen to be associated to the enhancing the manner in
which the organizations tend to think, report to the story and plan in a business (Eccles, Krzus
and Ribot 2015). The leading organizations are already depicted to apply the IR for a clear and
concise IR which will explain the way resource will be able to create value for the organizations.
As per the relevance of the Corporate Report, the guiding principles of the corporate reporting
can be seen in terms of the multiple models of application. The corporate reporting with the
integration of IR has been able to focus on wide range of application of financial and non-
financial analysis in the financial report. The relevance of IR in the corporate report can be
discerned with organizations being able to relate the financial standards with the global reporting
standards (Casonato, Farneti and Dumay 2018).

2INTEGRATED REPORTING
The framework is also conducive in terms of comparing the global reporting standards.
The content elements of IR included by the organizations may be depicted in terms of providing
external environment. The governance factors may be discerned in terms of additional value
creation for the company. As per the strategy and resource allocation component the organization
are able to put both short term and long-term focus. The UN is seen to put forward the global
reporting by the companies in terms of the companies which are seen to be using sustainability in
their financial reporting. This is seen to be done by following the "zero draft" policy agenda
which is used by the negotiators requiring all the private and publicly listed companies for
considering the sustainability issues and also integrate the sustainability concept within the
reporting cycle (Vaz, Fernandez‐Feijoo and Ruiz 2016).
Use of IR framework by wide range of private and public sector
The adoption of IR framework by a wide range of the private sector companies may be
clearly discerned in form of entities such as American Electric Power (AEP), Novo Nordisk,
BASF, United Technologies Corporation (UTC) and Philips. The companies adopting such a
reporting practice has not only merged the financial and sustainability report into a single report
but also able to link the sustainability strategy with the business strategy to help the entities and
stakeholders in identifying the priority areas which are non-financial in nature. In the recent
times, several publicly traded complains have decided to appoint dedicated IR officers (IROs),
who are responsible for monitoring the private meetings with investors, meetings with the
shareholders and holding conferences. It needs to be also seen that the investor relation function
must be aware of the upcoming problems which the issuer may be facing. The responsibilities
included by the organizations may be considered with investor event preparation, Data analysis,
Financial modelling and research model creation (Burke and Clark 2016).