Congratulations to Nedbank for winning the CGISA/ JSE Integrated Reporting Awards 2022. View the full list of winners in all categories, listed and unlisted companies and the judges’ report.
South Africa’s Second Code for Responsible Investing in South Africa, 2022 (CRISA 2) was released in September 2022. It builds on the first CRISA Code (2011) and contains five voluntary principles for stewardship and responsible investment as a key component of the South African governance framework. The Codes recommend integrated reporting. To download CRISA 2… Read more »
On 1 August 2022 the IFRS Foundation announced the completion of the consolidation of the Value Reporting Foundation (VRF) into the IFRS Foundation. The VRF’s Integrated Reporting Framework provides connectivity between financial statements and sustainability-related financial disclosures. The ISSB and IASB actively encourage continued adoption of the Integrated Reporting Framework to drive high-quality corporate reporting. For the IFRS… Read more »
The IFRS Foundation, on 25 May 2022, released a statement articulating the future path for integrated reporting. The statement is welcomed as it offers clarity on the way forward following the Value Reporting Foundation’s consolidation into the IFRS Foundation on 30 June 2022. The International <IR> Framework becomes the joint responsibility of the Chairs of… Read more »
The US Securities and Exchange Commission (SEC) is updating, after a public consultation period, for amendments on the enhancement and standardization of climate-related disclosure for investors. The proposed rule changes will require climate-related disclosures in registration and periodic reports.
This Update, released on 14 March 2022, addresses some of the recent international developments in corporate reporting. It sets out the IRC’s technical focus for 2022, which includes comment submissions and developing practical FAQs to explain the new international sustainability standards and how they can fit with the integrated report. Click here to view the… Read more »
The ISO 37 000 Standard guides governing bodies to report, in an integrated manner, on its governance and the organization’s performance, generation of value (creation, erosion, and preservation), resource stewardship, financial resources, and other matters. Input is sought on the current demands of governing bodies for integrated reporting. The comment deadline is 21 March 2022. https://docs.google.com/forms/d/e/1FAIpQLSdO51cPNVR9zkoXj77aFgL7pKduNNscQ1g3JaEs8YdbCYNRQw/viewform
The JSE has released guidelines for sustainability and climate disclosure. While intended primarily to assist JSE-listed companies, the guidance will also be of value to institutional investors and the different entities that they invest in (including non-listed companies and debt issuers), as well as a range of stakeholder groups interested in sustainability/ESG disclosure and performance…. Read more »
Embedding and checking …. The VRF has launched a Prototype of key principles of integrated thinking, and are designed to be embedded into an organisation’s business model and applied across key activities overseen by the Board and managed by the senior management team. Click here to view the principles.
The presentations for the 2021 Annual Conference on Integrated Reporting sessions can be found at the links below: The future of corporate reporting Professor Mervyn King, Chair of the IRC and Chair emeritus of the Value Reporting Foundation No presentation The role of the new International Sustainability Standards Board (ISSB) Professor Suresh Kana, Deputy chair… Read more »