In January 2021, the International Integrated Reporting Council (“IIRC”) published revisions to the International <IR> Framework, which explains the concepts of integrated reporting and underpins the IIRC’s work.
The main purpose of Integrated Reporting is to communicate to stakeholders how an organisation creates, preserves or erodes value over time. The International <IR> Framework will help organisations measure their value creation based on the six broad categories of capitals, namely financial, manufactured, intellectual, human, social and relationship, and natural.
The revisions aim to provide clarification on the substance, promote integrity and robustness of <IR> processes, as well as enhancing the quality of disclosures with clearer articulation on broader value creation and what it means for business. Read our latest report to find out how this will help you to enable more decision-useful reporting.