Integrated Reporting: Social Responsibility and Accountability

April 7, 2011
Today's corporations are being evaluated by shareholders and stakeholders as much for their social responsibility practices as for their financial performance. In this report, Liv Watson, Director of International Business Development, WebFilings, outlines how traditional reporting of company performance, which primarily consists of balance sheets, income statements, and the accompanying directors' report, is simply not measuring up to today's expectations. Liv discusses Corporate Social Responsibility—the concept of companies looking beyond profitability alone, engaging and focusing on their role in society, and reporting on this activity to stakeholders. In addition, Liv explores the concept of "integrated reporting" which weaves the CSR report together with the traditional financial performance report into one document. This report also highlights several companies that are currently putting integrated reporting into practice as a means to attract new business opportunities, safeguard their reputation, maximize competitive advantages, and mitigate operational risks. In addition, there is increasing demand from international investors, accounting bodies, governments, and other stakeholders for integrated reporting. Liv's report will help familiarize you with the growing number of organizations that make CSR reporting their actual business. All these organizations collectively have a huge influence on policy makers and ultimately, on corporate behavior. Also, this report will discuss how other companies have incorporated integrated reporting and how global stock markets are starting to require CSR disclosure standards. Finally, learn about a solution available now that can make the addition of integrated reporting "smooth sailing" and that can streamline the existing compliance reporting process for the reporting team as well. **Download** Integrated Reporting: A Means for Corporations to Become Socially Responsible and Accountable
Mike Sellberg

About the author

Mike Sellberg is Executive Vice President and Chief Product Officer at Workiva. He is the former EVP and CTO at iMed Studios and the former Divisional General Manager at Engineering Animation, Inc.