The Board of Directors and integrated reporting
One of the key functions of the Board of Directors is to define a value creation strategy for the company’s shareholders.
For the French Institute of Directors (IFA), «integrated thinking» and «integrated reporting» are an inherent part of this function. The former is used to establish the company’s long-term vision, while the second aims to communicate this vision clearly to the market participants.
Initial experiments have produced interesting and promising results. However, the content of the resulting reports is still far from perfect, particularly from the investor’s perspective, bearing in mind that an additional compliance exercise must be avoided at all costs.
Since there is still no consensus on the exact definition of “integrated reporting”, IFA has decided to convene a working group to identify its advantages, analyse ongoing experiments, and issue recommendations to its members on the involvement of directors and the Board of Directors in this approach.
Download the below attachment to read the entire IFA document.