Integrated Reporting

The IFRS Foundation Integrated Thinking and Reporting Conference 2024—organised in partnership with the Italian Foundation for Business Reporting (Organismo Italiano di Business Reporting (O.I.B.R.)—took place on 18 October in Milan. Read six key takeaways: ?? https://lnkd.in/e43Z-8t2

It’s a wrap! The 2024 IFRS Integrated Thinking and Reporting Conference ended with a fireside chat between IASB Vice-Chair Linda Mezon-Hutter and ISSB Vice-Chair Sue Lloyd, moderated by Jonathan Labrey. ?? The Vice-Chairs provided insights into the Integrated Reporting Framework’s usefulness as a corporate reporting tool. They also discussed the role integrated thinking will play in the future, as the IFRS Foundation encourages the use of IFRS S1 and S2 information within integrated reports. ?? They reflected on the day's discussions and what the market should be doing now to prepare for the future where greater integration in reporting is the norm. Thank you to our speakers and to everyone who joined us in person and online! #ITIRConference2024 #integratedreporting #integratedthinking Organismo Italiano di Business Reporting (O.I.B.R.)

This afternoon at the 2024 IFRS Integrated Thinking and Reporting Conference we drilled down on theme of “Reinforcing value”. ?? #1 - We kicked off the afternoon sessions exploring how regulators are addressing the integration of sustainability disclosures with mandatory financial reporting requirements to help ensure information is connected and consistent. Jonathan Labrey was joined by Vania Borgerth, Guglielmina Onofri, Dr Chrystelle RICHARD and Roberta Ravelli. ?? #2- We then had a deep dive into intangibles, integrated reporting and connectivity. The session looked specifically at the?#IASB’s project on Intangible Assets and the Integrated Reporting Framework, which includes intangibles as a source of value creation. IASB member Nick Anderson moderated the session with standard setters, preparers and investors, including Ian Bishop, Chiara Del Prete, Jean-Philippe Desmartin and Marco Pasquotti. ?? #3 - Integrated thinking was the focus of our next session. Grant Thornton Partner and Chair of the IFRS Foundation Integrated Thinking & Strategy Group Tjeerd Krumpelman was joined by Mary Adams, Dr Jeremy Osborn FCMA, CGMA, FCPA (Aust.) and Leigh Roberts. The panellists discussed how applying integrated thinking can change the internal dynamics within a company. ?? #4-#5 - Our final panel session of the day provided the business and investor case for integrated reporting.?Our panel discussion looked into the benefits of using the Integrated Reporting Framework alongside IFRS Standards. AIAF Chair Pietro Poletto moderated the panel with Laura Gori,?Shinichi Kishi, Francesco Marconi and?Marisa Parmigiani. EFFAS - The European Federation of Financial Analysts Societies President Jesús López Zaballos. PhD closed the session with a speech. ?? #6 - Vice-Minister for International Affairs, Ministry of Economy, Trade and Industry (METI) Takehiko Matsuo gave us a fascinating insight into corporate value creation and the development of integrated reporting in Japan. #integratedreporting #integratedthinking #ITIRConference24?

This morning’s sessions at the 2024 IFRS Integrated Thinking and Reporting Conference focused on the theme of “Increasing quality”. (?? #1-#2) We heard from ISSB Vice-Chair Sue Lloyd, Deloitte UK Vice Chair Veronica Poole and Nedbank Finance Executive Bruce Thomas (moderated by Dr Laura Girella) discussing how to use IFRS S1 and IFRS S2 to drive high quality integrated reporting. (?? #3) Next we had a session on the #IASB’s Management Commentary and how the IASB is laying the groundwork for future thinking on integration in reporting. This session was led by IASB member Nick Anderson, Consiglio Nazionale dei Dottori Commercialisti e degli Esperti Contabili President Prof. Dr Elbano de Nuccio and the Integrated Reporting and Connectivity Council Chair Charles Tilley OBE, moderated by IASB Vice-Chair Linda Mezon-Hutter. (?? #4) The final session of the morning offered attendees a deep dive into how the Integrated Reporting Framework can help companies as they prepare to adopt IFRS S1 for the first time. Panellists discussed practical tools available, such as the IFRS Foundation’s mapping tool. ISSB member Ndidi, Dr Nnoli-Edozien moderated the session with Seplat Energy Plc CFO Eleanor Adaralegbe, Entegre Raporlama Derne?i Türkiye (ERTA) - Integrated Reporting Association Turkey (ERTA) Chair Prof Guler Aras, ASCG - Accounting Standards Committee of Germany President Georg Lanfermann and KPMG Partner Mark Vaessen. #integratedreporting #integratedthinking #ITIRConference24? Organismo Italiano di Business Reporting (O.I.B.R.)

#ISSB Chair Emmanuel Faber addressed the 2024 Integrated Reporting Conference reflecting on: ?? His long personal journey as a member of the integrated reporting community going back to 2009 and his time at Danone, when they embarked on the integrated reporting journey by ensuring sustainability was a business issue across the company and not in a siloed department, and subsequently piloted the Integrated Reporting Framework with others, for 3 years. How the value of integrated reporting is only as good as the integrated thinking behind it. ?? How IFRS S1 explains that information on sustainability risks and opportunities might be useful for investors ??because?? of the inextricable link between a company’s ability to generate cash flows and its interactions with stakeholders, society, the economy and the natural environment. But also the importance of connectivity between the work of the ISSB and its sister board the #IASB and how that will in turn support integrated thinking and reporting. ?? How the integrated reporting community is now connected to a global jurisdictional regulatory process of pathways to adopt ISSB Standards. He called on the audience around the world to help drive coordinated efforts to advance practices in integrated thinking through the adoption and implementation of ISSB Standards, hoping for integrated reporting communities to be diverse but cohesive in their voice, to avoid confusion from regulators and preparers at this critical juncture. ?? Listen in to next week’s ISSB October meeting when the board will be discussing connectivity considerations: https://lnkd.in/eMdFRQsi ?? Watch the conference live here: https://lnkd.in/eM7Tvy_v #integratedreporting #integratedthinking #ITIRConference24 Organismo Italiano di Business Reporting (O.I.B.R.) International Sustainability Standards Board (ISSB) International Accounting Standards Board (IASB)

In his speech at the 2024 IFRS Integrated Thinking and Reporting Conference, #IASB Chair Andreas Barckow reaffirmed his commitment to the Integrated Reporting Framework, recognising its contribution to reporting. ?? He highlighted that the IASB has to balance various market demands and regulatory environments to shape its work plan, with Integrated Reporting being one of the strands under consideration. ?? Andreas also told the audience that the IASB is finalising its project on Management Commentary to issue an updated Practice Statement. He noted that this work has already heavily drawn on Integrated Reporting principles in both concepts and language. ?? He emphasised that finalising the Management Commentary Project provides a stepping stone towards greater integration in reporting in the future. ?? Watch the conference live here: https://lnkd.in/eM7Tvy_v #integratedreporting #integratedthinking #ITIRConference24

The 2024 IFRS Integrated Thinking and Reporting Conference is in full swing! Organismo Italiano di Business Reporting (O.I.B.R.)’s President Prof Dr Alessandro Lai ( ?? #1) and Fondazione Cariplo board member Prof. Dr Davide Maggi (MAGGI Davide) kicked off this morning’s proceedings with a welcome to attendees. Prof. Dr Stefano Zambon, O.I.B.R.’s Secretary General ( ?? #2), then set the scene for us and provided an overview of integrated reporting. ?? You can watch the conference live on the IFRS Foundation website: https://lnkd.in/eM7Tvy_v #integratedreporting #integratedthinking #ITIRConference24?

?? We would like to thank Andersen Italy, Consiglio Nazionale dei Dottori Commercialisti e degli Esperti Contabili, Sostenibilita Consulting and EFFAS - The European Federation of Financial Analysts Societies for sponsoring the IFRS Integrated Thinking and Reporting Conference 2024. ? We look forward to meeting our delegates at the conference! You can still join us virtually: https://lnkd.in/e5fRrbp3 #ITIRConference24 #integratedreporting #integratedthinking?

?? There’s one week to go until the IFRS Integrated Thinking & Reporting Conference and you can still join us online! ? ISSB Vice-Chair Sue Lloyd and IASB Vice-Chair Linda Mezon-Hutter will provide insights into the future of integrated thinking and reporting to round off this year’s conference. ?? ??? Register for online attendance here: https://lnkd.in/e-yHDKPc? ? #integratedthinking #integratedreporting #ITIRConference24? International Accounting Standards Board (IASB) International Sustainability Standards Board (ISSB)

At the IFRS Integrated Thinking & Reporting Conference, we’ll look at how regulators across the world are addressing the integration of #sustainabilitydisclosures with mandatory financial reporting requirements to help ensure information is connected and consistent. Our line up of expert speakers includes: - Vania Borgerth, Deputy Coordinator of International Relations at CBPS (The Brazilian?Committee for Sustainability Pronouncements) and Board Member of International Ethics Standards Board for Accountants (IESBA) - Chrystelle RICHARD, Professor at ESSEC Business School and International Auditing and Assurance Standards Board (IAASB) member - Guglielmina Onofri, Head of the Italian Stock Exchange?Regulator (CONSOB) Issuers' Information Division - Roberta Ravelli, Technical Support, Office of?#ISSB Vice-Chair, IFRS Foundation Moderated by: Jonathan Labrey, Chief Connectivity and Integrated Reporting Officer, IFRS Foundation ?? ??? In-person registration is now full but registration for online attendance is still open! Register for online attendance for free today via link in comments. ?? #integratedreporting #integratedthinking #ITIRConference24? International Sustainability Standards Board (ISSB) Organismo Italiano di Business Reporting (O.I.B.R.)