What is integrated reporting? What are the benefits and what’s involved in its adoption? We survey views from PricewaterhouseCoopers, KPMG, and talked to Michael Krzus, the author of One Report: Better Strategy through Integrated Reporting. Joanne Westwood of Vancity shared with us their practical experiences.
Recent reports by McKinsey and PricewaterhouseCoopers find more companies are managing sustainability to improve process and pursue growth instead of focusing on reputation alone. In this article, guest contributor Venkat S. Somasundaram analyzes these reports and presents three key challenges to the future of corporate sustainability.
In any corporate sustainability project, whether it is reducing greenhouse gas emissions, paper use, or supply chain waste, choosing the right key performance indicators is a critical ingredient to success. At the conference on Environmental, Social and Governance Issues hosted by the Canadian Institute of Chartered Accountants, Cathy Cobey from Ernst & Young talked about how to choose smarter KPIs.
At the summit in Toronto that drew senior executives from Canada and around the world, one common thread emerged: Capital favours sustainable businesses. Deutsche Bank have more confidence investing in companies that disclose their greenhouse gas emissions. Investors see climate change issues as material to their investment decisions. Accountants see environmental information as an integral part of a company’s full performance picture.