Sustainable development as our ‘north star’ in the harmonisation debate

by Carol A Adams Main points: provides a summary of what matters in the debate on the harmonisation of sustainability reporting; sustainable development/ the SDGs are taken as the guiding ‘north star’. Definition of sustainability reporting “Sustainability reporting is an organization’s practice of reporting publicly on its most significant economic, environmental and social impacts, and […]

Connecting the COVID-19 pandemic, ESG investing and calls for ‘harmonisation’ of sustainability reporting

by Carol A Adams and Subhash Abhayawansa Highlights: Summarises key materials informing efforts to harmonise sustainability reporting; Analyses approaches of key standard setters; Argues that: financial materiality should not be paramount in determining sustainability disclosures; investor needs cannot be satisfied by consistent and comparable metrics alone; harmonisation calls overlook needs of non-investor stakeholders. Abstract We […]

The assurance of integrated reports: let’s get some perspective before we get technical

written by Carol A Adams If assurance of integrated reports is to add credibility and build trust, it needs to focus on the attributes most likely to lead to a paradigm shift in integrating sustainability into business thinking and practice. These are identified in The IIRC: A Call to Action  (Adams, 2015) as: a broader notion […]

Getting on Board: materiality and stakeholder engagement processes for integrated reporting

written by Carol Adams This article was first published on CSRWire on 30th December 2013 Many years ago a group of accountants, sustainability leaders, advisors and activists and big accounting firms got together to develop a principles-based process framework to support organizational learning and “social and ethical, environmental and economic” performance. They drew on tried […]

Sustainability reporting and performance management in universities: Challenges and benefits

by Carol A Adams,  published in the Sustainability Accounting, Management and Policy Journal Abstract This article aims to provide a perspective on sustainability reporting and performance management in the university sector making a case for increased accountability, improved (management of) performance and greater innovation in approach. Carol Adams provides a personal perspective drawing on experience in sustainability […]

Integrated reporting – what it is – and is not: an interview with Paul Druckman

Paul Druckman, CEO of the International Integrated Reporting Council (IIRC) addresses some of the misconceptions about what integrated reporting is – and is not – providing insights into how it will develop in this interview with Carol Adams. He also spoke about the link between sustainability reporting and integrated reporting. Prior to taking up his […]

ESG issues and business responses: an interview with Ian Woods, AMP Capital

Ian is Head of Environmental, Social and Governance (ESG) Research at AMP Capital investors and is a founding member and Deputy Chair of the Investor Group on Climate Change. He spoke with me about his views on business attitudes to ESG issues, especially supply chain issues, ESG issues of the future and integrated and sustainability reporting. […]

Understanding (how sustainability fits into) your business model

written by Carol Adams What is your business model?  Do your senior managers and Board fully appreciate the various elements and how they all fit together?  Probably not. There are different view about what the term ‘business model’ means. The International Integrated Reporting Councils’s (IIRC) recently released Business Model Background Paper for <IR> calls for […]

Materiality: financial reporting, sustainability reporting and integrated reporting

written by Carol Adams Corporate reporting has seen significant changes in the last three decades with the increased globalisation of business and the accounting profession; the advent of the internet and then social media which have increased the impact of stakeholder activism. Perceptions about whom companies should be accountable to and on what issues have […]