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Expert group to align Integrated Reporting with coexisting frameworks

The International Integrated Reporting Council (IIRC) has launched today the Corporate Reporting Dialogue (CRD) bringing together international organisations from the corporate reporting world in an effort to align Integrated Reporting (<IR>) with their reporting frameworks.

The CRD was launched at the International Corporate Governance Network (ICGN) annual conference in Amsterdam and will be chaired by Transparency International chair Huguette Labelle.

The IIRC said in a statement: "The CRD aims to promote greater coherence, consistency and comparability between corporate reporting frameworks, standards and related requirements, leading to improved efficiency and effectiveness."

The initial objective of the CRD will be to develop a corporate reporting landscape highlighting the various reporting frameworks and standards and their relevance to <IR>.

IIRC chief executive Paul Druckman said the purpose of the CRD is to strengthen cooperation, coordination and alignment between key organisations under the IIRC umbrella.

The participants to the CRD are:

  • the CDP (formerly known as the Carbon Disclosure Project);
  • the Climate Disclosure Standards Board, the Financial Accounting Standards Board;
  • the Global Reporting Initiative;
  • the International Accounting Standards Board;
  • the International Public Sector Accounting Standards Board;
  • the International Organization for Standardization; and
  • the Sustainability Accounting Standards Board.

The launch of the CRD comes a few months after the IIRC released its long-awaited <IR> framework, following an intense consultation period in which more than 350 stakeholders' responses were received globally.

Related article

Integrated reporting: the journey ahead

Related links:

IIRC

Transparency International

 

 

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