We began integrated reporting in 2010 by combining our annual Shareholder Review and Corporate Responsibility Review.
In 2011 we joined the International Integrated Reporting Council (IIRC) Integrated Reporting Pilot Programme to ensure we were actively participating in and influencing the development of a global integrated reporting standard. We are one of only five in Australia to actively participate in the continued evolution of the IIRC Integrated Reporting framework.
We see many benefits of integrated reporting including:
- We can more clearly illustrate who we are as a company and how culture and corporate responsibility are a fundamental part of how we do business;
- We can better articulate how we create and sustainable value for our stakeholders by bringing together material information about our operating environment, business strategy, governance and financial & non-financial performance in one report;
- There is one single source, which in turn helps shareholders and our broader stakeholders find the information they require to meaningfully assess our performance and understand our business model and strategy; and
- One integrated report enables more effective reporting and efficient use of resources.
More information can be found at www.theiirc.org/about/pilot-programme