Integrated Reporting

Question 1

Purpose

Answer 1

Link strategy, performance and value creation over short, medium and long-term

Question 2

Integrated thinking

Answer 2

Holistic thinking across the organisation

Question 3

Six capitals

Answer 3

Financial, manufactured, human, intellectual, natural and social

Question 4

Principles

Answer 4

Strategic and future oriented, connectivity of information, stakeholder relationships, materiality, conciseness, reliability and completeness, consistent & comparability

Question 5

Challenges of auditing integrated reports

Answer 5

Qualitative data, no universal standards, hard to verify, and costly

Question 6

Improvements due to auditing integrated reports

Answer 6

Transparency, accountability and investor confidence

Question 7

Environmental audits

Answer 7

Identifies liabilities, compliance and unethical behaviour