The Content of an Integrated Report

The Content of an Integrated Report

An integrated report should include the following eight content elements [not necessarily in this order]. which parallel the items in the graphic depicting the integrated reporting process

1) Organizational overview and external environment: What does the organization do, and what are the circumstances under which it operates? The report should provide information about the company's use of and effects on the capitals and how the organization's strategy relates to its ability to create value in the short, medium, and long term, and significant factors affecting the external environment and the organization's response to it. It should also include quantitative information such as number of employees, revenue, countries in which the organization operates, and changes from prior periods.

2) Governance : How does the organization's governance structure support its ability to create value in the short, medium, and long term? The report should provide information about how regulatory requirements and the skills and diversity of the organization's leadership structure influence the design of the governance structure. It should include information on

a. The organization's attitude toward risk,

b. Methods of addressing integrity and ethical issues,

c. How the organization's culture, ethics, and values are reflected in its use of and effects on the capitals and on its relationships with key stakeholders, and

d. How compensation and inceritives are linked to value creation and to the organization's use of and effects on the capitals in the short, medium, and long term.

3) Business model: What is the organization's business model? An integrated report should describe the business model, including key inputs, business activities, outputs, and outcomes.

4) Risks and opportunities: What are the risks and opportunities that affect the organization's ability to create value over the short, medium, and long term, and how is the organization dealing with them?

Read more :- The Statement of Comprehensive income 

5) Strategy and resource allocation: Where does the organization want to go and how does it intend to get there? The report should identify the organization's short-, medium-, and long-term strategic objectives, how it intends to achieve them, how it plans to allocate resources to imple- ment its strategy, and how it will measure achievements and outcomes for the short, medium, and long term.

6) Performance: To what extent has the organization achieved its strategic objectives for the period, and what are its outcomes in terms of effects on the capitals? The report should contain qualitative and quantitative information about performance, such as a discussion of quantitative indicators, the organization's positive and negative effects on the capitals, the state of key stakeholder rela- tionships, and linkages between past and current performance and between current performance and the organization's future outlook.

7) Outlook: What challenges and uncertainties is the organization likely to encounter in pursuing its strategy, and what are the implications for its business model and future performance? The report should highlight anticipated changes, the organization's expectations about the external environ- ment it expects to face in the short, medium, and long term, how it will affect the organization, and how the organization is equipped to respond to the challenges and uncertainties likely to arise.

8) Basis of presentation: How does the organization determine what matters to include in the in- tegrated report, and how are those matters quantified or evaluated? The report should provide a summary of the frameworks and methods used to quantify or evaluate material matters and a brief description of the process used to identify relevant matters, evaluate their importance, and narrow them down to material matters. 44