The main objective of an integrated report is to explain to capital providers how a company creates value over an extended period of time. Such a report is necessary for all interested parties, including investors, employees, customers, suppliers, business partners, local communities, as well as legislative and regulatory bodies.
Benefits of integrated reporting
- Increase in the quality of information provided to capital providers and, as a consequence, the efficiency and effectiveness of resource management;
- Creating a more holistic and qualitative approach to reporting, combining reports from different directions and including data on all factors that affect the formation of business value;
- Increased accountability and responsibility for a wide range of capitals, as well as a better understanding of their interconnectedness;
- Integrated thinking, as well as an ability to focus on value creation in different periods of time.