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Business Reporting Leaders Forum KPMG Sydney Wednesday 4 October 2017 and KPMG Melbourne on Friday 6 October 2017. New Website: www.brlf.net. Attendees (Sydney) – a broad cross-section of the reporting supply chain in Australia. Chief Financial Officers/ Finance.
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Business Reporting Leaders ForumKPMG Sydney Wednesday 4 October 2017 and KPMG Melbourne on Friday 6 October 2017 New Website: www.brlf.net
Attendees (Sydney) – a broad cross-section of the reporting supply chain in Australia Chief Financial Officers/ Finance Directors / Chief Executive Officers Accounting / Legal Firms Investor Relations Officers & Sustainability Officers Investors & Analysts Other Stakeholders Victoria Whitaker – St James Ethics Centre Andrea Spencer-Cooke – One Stone Advisors Michael Coleman – AICD Robin Low Pauline Vamos – Regnan Pablo Berrutti – Colonial First State Diana D’Ambra - ASA Simone Schlitter – CBA Selina Heng – Sydney Airport Michelle Taylor – Challenger Sean O’Sullivan - Brambles David Huxtable – CBA Alex Ruban – CBA Kristi Bromley – CBA Serena Blanch – CBA Elyce Pobiega – Woolworths Jessica Luca – Woolworths Paul Van Meurs – Woolworths Adam Kirkman– AMP Capital Paula Walsh – Macquarie Georgia Cable - Macquarie Kylie Dumble – KPMG Winson Chan – KPMG Nicky Landsbergen – EY Nasim Payandeh Castillo – EY Paul Dobson – Deloitte Ryan Burns - PWC Louise Coughlan – Westpac Alan Dayeh – Westpac Richard Clifton-Smith –AGL Lachlan Feggens – Brambles Siobhan Spoljaric – NRMA Slide 2
Attendees (Melbourne) – a broad cross-section of the reporting supply chain in Australia Chief Financial Officers/ Finance Directors / Chief Executive Officers Accounting / Legal Firms Investor Relations Officers & Sustainability Officers Investors & Analysts Other Stakeholders Lyn Goodear – Australian Human Resources Institute Paul Begley – Australian Human Resources Institute Jackie Allender – ACCSR Stephanie Sterck – ACCSR Leeora Black – ACCSR Vanessa Richards – BHP Marlene Misquita – BHP Colin Neathercoat – Melbourne Water Gywneth Elsum – Melbourne Water Pet Peter Matthey – Cabrini Health Australia Merran Kelsall – Director Jane Tongs - Director Louise Davidson – ACSI Connie Howe – ACSI Holly Lindsay – ACSI Harry Moore – Colonial First State Sharyn Cowley – Telstra Super Anita Fox – HESTA Sarah Goodwin – AIST Jake Sims – AIST Ian Lorimer – Unisuper Lewis Tassone – Hostplus William Wong – Hostplus Zoe Heath – First State Super Tom Berry – ANZ Carolina Battaglini – ANZ Simon Cammell – Auspost Rod Masson – Cbus Kylie Molinaro - Cbus Emma Sweet – CPA Aus Paul Urquhart – Auspost Michael Dundon – Vicsuper Sarah Burley – Australian Super Louise O’Brien – Bank Aust Nigel Davis – Medibank Juliet Williams – Medibank Michael Parks – Telstra Stephanie Spilsbury – Telstra Helen Adair - EY Terence Jeyaretnam – EY Meg Fricke – EY Siva Sivanantham – Grant Thornton Simon Dubois – KPMG Penny Stragalinos – KPMG Jen Travers – KPMG Simon Bray – HMH Rachel Scully - IOOF Joel Posters – Future Fund Slide 3
Agenda Slide 4
Integrated Reporting Richard Howitt October 2017 International Integrated Reporting Council
Global Momentum International Integrated Reporting Council
Over 50%of CEOs, CFOs and COOs are moving towards <IR> Over1,500 organizations in 62countries adopting <IR> And over 35% say they will 2,000 participating in <IR> Networks worldwide <IR> adopted by businesses in all G20 economies
Corporate governance and stewardship codes driving <IR> adoption • South Africa • Malaysia • The Netherlands • Japan • The Philippines • The UK With government and regulatory support from China, India, Brazil, EU International Integrated Reporting Council
Evidence Base International Integrated Reporting Council
Of SA Non-Executive Directors believe integrated thinking increases the quality of organisations’ dialogue with shareholders other stakeholders Of participants see increased understanding of value creation 79% 92% 80% 87% <IR> participants believe investors better understood their strategy Of investors believe quality of reporting affect professional perception of management quality
Companies doing <IR> outperform others National University of Singapore and KPMG • Higher market valuation Nanyang University • Positively associated with both stock liquidity and firm value Stanford University • A more dedicated investor profile Harvard Business School • Better understanding of strategy by investors Black Sun • 70% of investors see integrated reports as essential or important EY
Resources Integrated Reporting Examples Database Sharing real examples of leading practice in Integrated Reporting to help organisations on the <IR> journey The International <IR> Framework Providing the principles and concepts for organisations adopting <IR> <IR> Network Bringing together organisations worldwide to enhance the way they think, plan and report. www.integratedreporting.org examples.integratedreporting.org
Q&A Nick Ridehalgh facilitate questions in Sydney Louise Davidson (ACSI CEO) to chair a panel to answer Q&A Slide 14
BRLF wrap up Nick Ridehalgh/ John Stanhope Slide 15