By Robert G. Eccles
ISBN-10: 0470587512
ISBN-13: 9780470587515
ISBN-10: 047061580X
ISBN-13: 9780470615805
Winner of the 2010 PROSE Award for top enterprise, Finance, & administration Book!"One file" refers to an rising pattern in enterprise happening in the course of the international the place businesses are going past separate studies for monetary and nonfinancial (e.g., company social accountability or sustainability) effects and integrating either right into a unmarried built-in file. while, also they are leveraging the net to supply extra precise effects to all in their stakeholders and for bettering their point of debate and engagement with them. delivering top perform examples from businesses world wide, One record indicates how built-in reporting provides great price to the corporate and all of its stakeholders, together with shareholders, and likewise finally contributes to a sustainable society.Focuses at the rising pattern of built-in reporting as a most sensible precedence for corporations, traders, regulators, auditors and civil societyProvides compelling case reviews from a few of the world's top businesses doing built-in reportingAddresses how businesses can circulate towards One document and the way it may possibly develop into a keystone of a sustainable procedure for either the corporate and societyExplains what others-such as analysts, shareholders, different stakeholders, auditors, regulators, legislators, and civil society-need to do to permit the swift and wide adoption of 1 ReportFilled with case reviews and the most up-tp-date traits on built-in reporting, this e-book is a useful guidebook at the way forward for reporting and the way this destiny may end up in a sustainable society.
Read or Download One Report: Integrated Reporting for a Sustainable Strategy PDF
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Extra resources for One Report: Integrated Reporting for a Sustainable Strategy
Example text
Lower lost workday incidences, and reduced carbon 32 ONE REPORT footprint and water consumption). ”7 Belying one of the main objections to One Report (that the result will be an unwieldy long paper document), UTC’s combined annual and corporate responsibility report is less than 100 pages long, implicitly conveying the message that it is practicing its belief of “more with less” even in its external reporting. Recognizing that transparency is about making critical information easily available and not about overwhelming the reader with irrelevant details, the company reported its key financial results in a single “At-a-glance” page of bar and pie charts and provided a single-page “Company Overview” describing the products and results of the company’s six major business units: Carrier, Hamilton Sundstrand, Otis, Pratt & Whitney, Sikorsky, and UTC Fire & Security.
S. ”25 Similarly, Danish Prime Minister Lars Løkke Rasmussen identified transparency as a key element in addressing the challenge of climate change: “Efforts and measures have to be transparent and clear. ”26 The canvas on which Engell and The Cambridge Trust paint is vast compared to the rather narrow focus of One Report; thus we should be modest about what it can do. One Report is not a solution to the climate crisis or the broader environmental crisis; it will not, by What Is One Report? 25 itself, reduce social inequality or ensure that all stakeholders’ interests are heard; it cannot guarantee proper corporate governance or completely eliminate excessive risk-taking where executives and bankers get the upside and shareholders and taxpayers get the downside; and alone it certainly cannot reduce the risk and magnitude of financial crises caused by systemic risk.
The company clearly sees the report as an important way of presenting its purpose (“Our Reason for Being is to create and sell products and services that promote well-being/being well”11 ) and view of the role of business in society. ”12 The opening paragraphs in the “Message from Management” provide the context for the rest of the report: The wind has aroused a great hope in the international community, which has shown a growing concern with climate change, social inequalities, and planetary challenges.