29 Sep '11, 11am

Investors Step Up Calls for Mandatory, Integrated CSR Reporting

Investors Step Up Calls for Mandatory, Integrated CSR Reporting

Integrated reporting -- the practice of embedding environmental, social, and corporate governance (ESG) information into corporate financial reports -- received another significant boost recently, when a group of financial institutions, professional bodies, nongovernmental organizations (NGOs), and investors with $1.6 trillion of assets under management called for a binding international commitment requiring companies to disclose sustainability information. The Corporate Sustainability Reporting Coalition, led by Aviva Investors , urged U.N. member states to require public and large private companies to integrate sustainability information in their annual financial reports, or explain why they have not done so. Integrated reporting has become an important issue for many sustainable institutional investors. The International Integrated Reporting Committee (IIRC) , formed in...

Full article: http://www.greenbiz.com/news/2011/09/29/investors-step-up...

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