Hi friends,

Kate Raworth, author of Doughnut Economics, recently held a contest soliciting suggestions to supplement the seven mindset shifts outlined in her book. I submitted a  just-in-time entry last Friday, advocating for "Illuminate Intangibles" and Integrated Reporting as the 8th way. My typology differs a bit from IIRC's, yet still includes the Octopus :-)    Feedback welcome  eac at asu dot edu

I'll keep you posted--results will be announced in mid May.

Thank you,

Elizabeth

CorporateSecretary.com reports that:

The Council of Institutional Investors (CII) has called for action to be taken to improve issuers’ reporting around human capital management and ESG matters, at a time when non-governmental changes appear to have more momentum than regulatory reforms....In a recent letter to the US Senate banking committee, which held a hearing earlier this month on ESG issues, CII general counsel Jeffrey Mahoney writes that ‘institutional and retail investors have a pronounced interest in clear and comparable information 

There is a lot of meat to this article including discussion of possible roles for the SEC in defining these measures.  Read more now

Intel just released its 2018 10K. Check out pages 10-16 to see how it develops and deploys multiple forms of capital.

Hi friends,

When you have a moment, please take a look at this article outlining how Integrated Reporting can align capabilities development across individual, organizational, and societal levels. Modified octopus model in section 6.1 shows how a community used multiple capitals to revive a rural town in Nebraska. I welcome your feedback. I'll be sharing these ideas at the National Endowment for the Arts on Friday April 5th, please think good thoughts! I'll let you know how it goes when I return.

Best,

Elizabeth

This is an thorough interview getting an update on many fronts from the CEO of the IIRC, Richard Howitt:

He describes how the adoption of integrated reporting is building momentum across the globe; explains the differences between the IIRC, SASB, and GRI; and speculates about where integrated reporting is headed and young professionals’ role in shaping its future. The following is an edited transcript of the editors’ conversation with Howitt.

READ THE FULL ARTICLE

JLL's recently issued 10K includes Integrated Reporting. Here are my favorite parts: 

* Table of capitals, p. 27

* Cross listing of IR framework elements with 10K content, p. 149

* Value creation model, p. 15  &  Strategy, p. 17

Past community guest Hillary Young has a great piece on Medium entitled Why Etsy Is Integrating Our Sustainability Reporting With Our Financial Reporting:

As we continue to integrate impact into the heart of our business, we saw an opportunity to change our reporting to reflect this deeper integration. So now, we have just one report.

She cites three key reasons behind the company has made this move. Read the article

Continuing along with a trend, albeit slowly moving, to require issuers to disclose information beyond their financials, the Securities and Exchange Commission in the Philippines just announced their requirement for listed companies to issue sustainability reports by 2020.  More here.

IIRC's Corporate Reporting Dialogue (CRD) referenced in this article on UN SDGs.  Click here.

Over 100 people from North America attended Bob’s talk on investor-focused reporting at the GRI summit held February 25th in Tempe, AZ. With Laura Nelson from the Antea Group and Sonal Dalal from SASB, the panel explained the growing demand for ESG information and the importance of integrated messaging. 

Bob described how Integrated Reporting is an adaptable reporting tool that aligns strategic thinking, planning, and reporting. Besides improving management decision making, it also gives investors information they need to understand in a holistic way how the companies they invest in create value. He explained IR’s guiding principles of strategic focus & future orientation, connectivity of information, stakeholder relationships, materiality, conciseness, and reliability and completeness among others. He noted that while policy momentum has been lacking in the United States, IR is becoming widely adopted in Japan and the United Kingdom due to government policy recommendations there. He closed by sharing exemplars of best practices in Integrated Reporting, specifically reviewing SAP’s 2017 report and encouraging audience members to check out Intel’s upcoming 2018 report which devotes a page to each type of capital in the IR framework.