Annual Reporting: ESG, Corporate Governance, and Sustainability

This report provides a comprehensive overview of annual reporting, emphasizing the shift towards integrated and sustainable reporting practices. It explores the significance of Environmental, Social, and Governance (ESG) factors and their impact on corporate governance and stakeholder engagement. The report highlights the evolution of business practices, driven by societal expectations for transparency and ethical conduct. It examines the role of annual reports in communicating a company's values, vision, and mission to stakeholders, and the importance of international reporting standards. The report also delves into the International Integrated Reporting Council (IIRC) framework and its role in standardizing reporting for easy comparison. Ultimately, the report underscores the need for businesses to prioritize sustainability and stakeholder engagement to thrive in the modern business environment, where the balance of profit and sustainability is essential for long-term success. It also references various sources like Barker, R., Ahmad, Y. J., Dignam, A., Kim, K. A., Mulford, C. W., and Rodrigue, M. to support the arguments.