Companies urged to promote resource efficiency and value creation in Covid-19 pandemic

20 May 2020 11:02 AM | Paul Thompson

ACCA has identified integrated reporting as a key method to help firms tackle future risks they face such as those posed by the Covid-19 pandemic in its latest report Insights into Integrated Reporting 4.0. The report covers 48 companies – each are members of the International Integrated Reporting Council (IIRC) Business Network. As economies and companies around the world prepare for imminent recession owing to the pandemic, the report recommends a focus on sustainability, resource efficiency and integrated thinking to help tackle risks companies face and improve the quality of their reporting. Richard Martin, the report’s author, added that there are still key areas for improvement when benchmarking against the three previous Insights into Integrated Reporting. ‘This indicates that though companies’ stated following of the principles is increasing, the quality of that compliance is not. The descriptions around statements of responsibility for the reports could also be improved.’For more information on integrated reporting, and the report, visihttps://www.accaglobal.com/gb/en/professional-insights/global-profession/Integrated-reporting-4.html


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