Integrated reporting – Closing the loop of strategy

A 2010 publication by KPMG notes that it is time for a transformation in corporate reporting: from a focus on financial information to a concept where all types of relevant information for assessing and evaluating a company’s quality, performance, value and impact are reported in a comprehensive way. There is a clear need for this transformation. However, integrating reporting ‘for the sake of integrating’ is set to fail and disappoint stakeholders. Only companies with a profound connection of their sustainability efforts with their strategy and the management cycle should start taking steps towards integrated reporting. Companies should also ensure that the needs of all relevant stakeholder groups who use the information are satisfied. In this publication, Integrated reporting – Closing the loop of strategy, these are called the management perspective and the communication perspective, which should fuse together in order to create successful integrated reporting.