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Delve into the evolution of integrated reporting through storytelling, stakeholder engagement, and value creation. Learn from leading companies on their path towards sustainable business practices.
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Integrated reporting Sophie Heighway Nia Evans - Sanford Alison Howard - Deloitte @sustbusiness / #ProjectNZ
Three Questions: • Where have we come from? • Who's reporting and why? • Where are we heading? @sustbusiness / #ProjectNZ
Where have we come from? • Data > Materiality > Value • More story telling • From dumping to engaging @sustbusiness / #ProjectNZ
Who's reporting and why? @sustbusiness / #ProjectNZ
Where are we heading? • Concise and focussed • Stakeholder participation • Story telling • Technology • Integration @sustbusiness / #ProjectNZ
OUR RECIPE FOR BEAUTIFUL • NEW ZEALAND – SEAFOOD Sanford Limited Nia Evans 03 September 2015 @sustbusiness / #ProjectNZ
We are a food company – serving beautiful New Zealand seafood to thousands around the world everyday @sustbusiness / #ProjectNZ
Our First Integrated Report Financial Non-financial @sustbusiness / #ProjectNZ
Our Reporting Story 14 years of reporting (at the time, 1 for me…) Big Shoes to Fill… New standards: • Global Reporting Initiative (GRI) G4 • Integrated Reporting <IR> @sustbusiness / #ProjectNZ
Stage 1 – Sharing the Vision Leading the way A tougher crowd @sustbusiness / #ProjectNZ
Stage 2 – What is our desired state? @sustbusiness / #ProjectNZ
Stage 3 - Identifying our Capitals @sustbusiness / #ProjectNZ
Stage 4 – Our process of creating value @sustbusiness / #ProjectNZ
The Challenge STAKEHOLDER ENGAGEMENT STRATEGY THE STORY VALUE CREATION VALUE ENABLERS MATERIALITY INTEGRATED REPORTING BUSINESS MODEL GOALS & KPIs RISK MANAGEMENT @sustbusiness / #ProjectNZ • Reference material: • <IR> Framework – The materiality determination process 3.18 – Page 18 15
Stage 5 – Identifying the report structure @sustbusiness / #ProjectNZ
Stage 6: The outcome @sustbusiness / #ProjectNZ
With a few simple steps Step 1: Staff Engagement, who needs to be involved Step 2: Our current state to our desired state (1 report to 2) Step 3: Identifying our Capitals Step 4: Identifying our value creation process using our business model Step 5: Identify the report structure Step 6: Tell the story Step 7: Assurance @sustbusiness / #ProjectNZ
Taking the leap of faith “Faith is taking the first step even when you don't see the whole staircase” - Martin Luther King, Jr. “If the fire is in your belly, you can achieve anything” – Volker Kuntzsch, Sanford CEO @sustbusiness / #ProjectNZ