Project Partners

This database is a collaborative project between the International Integrated Reporting Council (IIRC) and Black Sun Plc.

Purpose

The purpose of the database is to provide an online resource for organizations that are developing, or planning to develop, an Integrated Report. The database is being developed over time and will continue to be populated with new examples as practice develops.

Selection of Examples

The examples identified in this database have been suggested by the IIRC, BlackSun and other supporters of <IR> (including accounting firms, companies, investors, and the academic community). At this stage, the <IR> Examples Database only includes examples from reports that are available in English, and these examples have been selected from publicly available reports, including those produced by participants in the various <IR> Networks.

In the Getting Started section, each example is accompanied by a short description highlighting the strengths of the organization's report, focusing specifically on the alignment with the Content Elements, Fundamental Concepts and Guiding Principles included in the International <IR> Framework. The examples selected and the accompanying descriptions have been reviewed by the IIRC's Secretariat.

The Recognized Reports section features whole reports that have either been assessed by experts as leading practice or received an award for demonstrating leading practice in Integrated Reporting. These awards were given on the basis of criteria designed to rate the relative merits of various reports. The criteria were developed by the respective issuing organization and assessed by the IIRC as aligned with <IR>.

The <IR> Reporters section contains a list of companies that have either produced a report that references the IIRC and/or the <IR> Framework or are influenced by the Framework through participation in <IR> Networks. No quality assessment was involved in compiling this list of <IR> reporters.

Guiding Principles, Fundamental Concepts and Content Elements

The database has been structured around the Guiding Principles, Fundamental Concepts and Content Elements presented in the IIRC’s International <IR> Framework. The project partners intend to update the database in accordance with revisions to the Guiding Principles, Fundamental Concepts and Content Elements, if any, as the International Integrated Reporting Framework is further developed.

Guiding Principles

The Guiding Principles underpin the preparation of an Integrated Report, informing the content of the report and how information is presented. The Guiding Principles identified in the IIRC’s International <IR> Framework are:

Strategic focus and future orientation

An integrated report should provide insight into the organization’s strategy, and how it relates to the organization’s ability to create value in the short, medium and long term and to its use of and effects on the capitals.

Connectivity of information

An integrated report should show a holistic picture of the combination, interrelatedness and dependencies between the factors that affect the organization’s ability to create value over time.

Stakeholder responsiveness

An integrated report should provide insight into the nature and quality of the organization’s relationships with its key stakeholders, including how and to what extent the organization understands, takes into account and responds to their legitimate needs and interests.

Materiality

An integrated report should disclose information about matters that substantively affect the organization’s ability to create value over the short, medium and long term.

Reliability and completeness

An integrated report should include all material matters, both positive and negative, in a balanced way and without material error.

Consistency and comparability

The information in an integrated report should be presented on a basis that is consistent over time and in a way that enables comparison with other organizations to the extent it is material to the organization’s own ability to create value over time.

Conciseness

An integrated report should be concise.

Fundamental Concepts

The Fundamental Concepts underpin and reinforce the requirements and guidance in the International <IR> Framework. The Fundamental Concepts identified in the IIRC’s International <IR> Framework are:

Value creation

An integrated report aims to explain how the organization interacts with the external environment and the capitals to create value over the short, medium and long term

The capitals

An integrated report aims to provide insight about the resources and relationships used and affected by an organization – these are collectively referred to as “the capitals”. The capitals are stocks of value that are increased, decreased or transformed through the activities and outputs of the organization. They are categorized in the International <IR> Framework as financial, manufactured, intellectual, human, social and relationship and natural capital.

Content Elements

An Integrated Report includes sufficient information on each Content Element to answer the respective question posed for each below. The Content Elements are fundamentally linked to each other and are presented in the Integrated Report in a way that makes the interconnections between them apparent, rather than as isolated, standalone sections. The Content Elements identified in the IIRC’s International <IR> Framework are:

Organizational overview and external environment

What does the organization do and what are the circumstances under which it operates?

Business model

What is the organization’s business model?

Risks and opportunities

What are the specific risks and opportunities that affect the organization’s ability to create value over the short, medium and long term, and how is the organization dealing with them?

Strategy and resource allocation

Where does the organization want to go and how does it intend to get there?

Governance

How does the organization’s governance structure support its ability to create value in the short, medium and long term?

Performance

To what extent has the organization achieved its strategic objectives for the period and what are its outcomes in terms of effects on the capitals?

Outlook

What challenges and uncertainties is the organization likely to encounter in pursuing its strategy, and what are the potential implications for its business model and future performance?

Basis of presentation

How does the organization determine what matters to include in the integrated report and how are such matters quantified or evaluated?