Corporate reporting practices globally are undergoing radical revisions as
increasing stakeholder demands and resource limits are forcing companies to
critically re-evaluate how they communicate their operations in a transparent
manner. Integrated reporting, as mandated by the third King Report, seeks to
address the integration of critical financial and non-financial performance
measures not only into reporting but also into long term corporate strategy.
South Africa is leading the way internationally in this regard, being the first
country in the world to take on integrated reporting on scale.
Through
this survey, Ernst & Young has assessed the progress that the top listed
companies and state-owned entities that have made in producing integrated
reports. With there being limited guidance on what comprises an integrated
report, it is pleasing to note the number of companies and entities that have
made serious attempts to flesh out what they believe an integrated report should
comprise of. While a number of companies have only made some initial steps in
moving to produce an integrated report which is significantly different from
their previous annual report, it is hoped that this survey will encourage them
to take further steps on this journey, as well as to help identify those
companies and entities that can be used as examples to follow.
2012 Excellence in Integrated Reporting
results:
See the full 2012 Excellence in Integrated Reporting Awards brochure 
(pdf, 685.8kb) .
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