· Organizational overview and external environment
- Connectivity of information
- Consistency and comparability
- Stakeholder relationships
Takeda – who have been embracing the concept of Integrated Reporting since 2006 – provides a useful overview of the various frameworks to which the business is working towards from a CSR perspective. Demonstrating the cycle through which the various frameworks operate is interesting and brings together information which is generally presented separately. Starting with the ‘principles’ of the United Nations Global Compact, Takeda has implemented ISO 26000 which is the international guidance for social responsibility. Using the GRI guidelines and the IIRC’s Draft Framework to divulge this information demonstrates to the reader the basis of how disclosures are made. Finally this leads into ‘dialogue’, whereby the AA1000 guidelines which describe processes which can be implemented to ensure accountability with stakeholders come into place. This full cycle helps the reader to have a complete view of the way Takeda is approaching CSR.
Further detail on each of these stages – principles, implementation, disclosure and dialogue – are then provided within the ensuing spreads.