The Integrated Report is Gaining Traction
Since 2011, more and more companies worldwide are adopting this new type of annual report. In the United Kingdom – where it is known as the Strategic Report – and in South Africa, it has become mandatory. In France, the integrated report has been gaining ground: in 2019, 58% of the companies in the CAC 40 stock market index, and 33% of those in the SBF 120 index, issued an integrated report. In 2019, the publication rate in France was 29% higher than in 2018 and 220% higher than in 2017.
This type of reporting is not mandatory, but is based on the recommendations of the International Integrated Reporting Council (IIRC), an international coalition set up in 2010 which brings together pilot companies, investors, promoters of reporting standards and major audit firms. The IIRC provides a framework for integrated reporting, encouraging each business enterprise to appropriate it within a broader process of CSR reporting and integrated thinking.