Excellence in Integrated Reporting Awards 2012
Corporate reporting practices globally are undergoing radical revisions as increasing stakeholder demands and resource limits are forcing companies to critically re-evaluate how they communicate their operations in a transparent manner. Integrated reporting, as mandated by the third King Report, seeks to address the integration of critical fi nancial and non-fi nancial performance measures not only into reporting but also into long term corporate strategy. South Africa is leading the way internationally in this regard, being the fi rst country in the world to take on integrated reporting on scale.
Through this survey, Ernst & Young has assessed the progress that the top listed companies and state-owned entities that have made in producing integrated reports. With there being limited guidance on what comprises an integrated report, it is pleasing to note the number of companies and entities that have made serious attempts to fl esh out what they believe an integrated report should comprise of. While a number of companies have only made some initial steps in moving to produce an integrated report which is signifi cantly different from their previous annual report, it is hoped that this survey will encourage them to take further steps on this journey, as well as to help identify those companies and entities that can be used as examples to follow. We look forward to see what progress is made in relation to the standard of integrated reports in the year ahead.
2012 Excellence in Integrated Reporting results:
See our full 2012 Excellence in Integrated Reporting Awards brochure (pdf, 685.8kb) .
The Inaugural Excellence in Integrated Reporting Awards (EIA) took place on 5 September in Johannesburg. The guest speakers were Professors Robert G. Eccles and George Serafeim of Harvard Business School. The EIA recognized the top 100 South African companies successfully integrating critical financial and non-financial performance measures into their reporting. Supported by IoDSA