Global Compact International Yearbook 2013
174
INTEGRATED REPORTING
Growing expectations of stakeholders and legislators as well as the steady
growth of global trade flows have added significantly to the complexity
of businesses. This comes along with the call for a more holistic reporting
of companies’ financial and nonfinancial performance. This is the core
idea behind integrated reporting: It wants to provided in a coherent way
a clear link between economic drivers, financial information, and social
and environmental impacts. While the concept is clear, the roadmap is still
vague. The International Integrated Reporting Council (IIRC) shall help to
overcome this.