Measuring and reporting sustainability performance in the public sector
|
|
- Herbert Edgar Hines
- 6 years ago
- Views:
Transcription
1 Measuring and reporting sustainability performance in the public sector FMI PD week: Financial Reporting 25 November 2014 Cathy Cobey, CPA.CA Associate Partner Climate Change & Sustainability Services
2 Agenda 1 Sustainability reporting 2 Sustainability reporting process 3 Integrated reporting 4 Questions and group dialogue 2
3 Sustainability reporting
4 Measuring sustainability performance Social Environmental: Energy fuel, oil, alternative Water Greenhouse gases Waste reduction Recycling Reprocessing/re-use Agriculture/organic foods Biodiversity Sustainable Environmental Economic Economic: Accountability / transparency Governance Stakeholder value Economic performance Financial objectives Social: Public policy and advocacy Community investments Working conditions Health/nutrition Diversity Human rights Socially responsible investing Anticorruption and bribery Safety 4
5 Existing Canadian Government reporting Canadian Index of Wellbeing HR Reports Social Sustainable Environmental Economic Federal Sustainable Development Strategy (FSDS) Canadian Environmental Sustainability Indicators (CESI) Annual Financial Report Departmental Performance Reports 5
6 Drivers for enhanced sustainability reporting Demonstrate leadership Report on what matters most Quantify and demonstrate non-financial improvements to public well-being Benchmark performance against government priorities Report to, and engage with public service employees on sustainability initiatives Improve transparency and accountability on full impacts on resources used in delivering public services Improved risk management Measure and report on the ability of public agencies to meet its future obligations for providing services 6
7 Sustainability reporting process
8 Sustainability reporting process Meeting the needs of stakeholders: Providing relevant, reliable and credible information: How is our organization or agency perceived externally? What are our peers and affiliates doing? Do we know which stakeholders are relying on our sustainability information? What do our stakeholders care about? Are we consistent in our reporting to stakeholders? Do we have a good understanding of our risks and opportunities associated with sustainability? Have we clearly identified our material sustainability issues, and are they being managed? Do we need a more rigorous process to ensure that our reporting is credible? What level of assurance are we currently obtaining? Is it sufficient? 8
9 Trends for sustainability reporting Quantity quality Breadth depth G3.1 Report Direct indirect G4 Report Data influence / impact Boiler plate unique / relevant Integrate business & sustainability 9
10 Definitions of materiality Financial reporting: materiality is a threshold for influencing the economic decisions of those using an organization s financial statements (i.e., investors) Sustainability reporting: considered with a wider range of impacts and stakeholders. Not limited only to those sustainability topics that have a significant financial impact on the organization. Also consider impacts that affect the ability to meet the needs of the present without compromising the needs of future generations. Often a source of tension 10
11 Differences between materiality Financial reporting Sustainability reporting Concept Stakeholders Type of impacts / decisions Threshold for influencing the decisions of stakeholders Public, politicians, bondholders Economic Public, politicians, employees, clients, local communities, governments, NGOs, etc. Economic, environmental & social Orientation Historical Future-looking Timeframe Short-term Short- and long-term Boundary Reporting organization Reporting organization, stakeholders, economy, environment & society Measurement (primary) Quantitative ($$) Qualitative (impact / influence) 11
12 Barriers to quantifying ESG impacts 1. No monetary value, or price doesn t accurately reflect value 2. Conflicting values and need for prioritization 3. Longer term / future horizon 4. Opening up to liability issues 5. Unpredictable e.g., changing scientific landscape, changing values, regulatory uncertainty 6. Difficult to measure progress 7. Lack of historical information / measure progress 8. Complexities of interactions within the system e.g. impact throughout value chain dependencies 9. Uncertainty over outcome and severity of outcome 10. Decision makers may not have sight or appropriate understanding of all the relevant issues 12
13 The challenges of sustainability reporting Creating a winning multi-disciplinary team Balancing between disclosing future strategic objectives (narrative) and the targets (quantitative) for achieving these Creating awareness with senior management and securing their sponsorship Fostering a culture of integrated thinking thinking outside of the box Balance between disclosing information and maintaining competitiveness Thinking about sustainability reporting as a process instead of just another report Demonstrating the linkages between non-financial impacts, outputs, outcomes and value creation, depletion, stasis Increasing requirements on processes and systems in managing and reporting non financial information Agreeing a practical approach to how to embed sustainability reporting and a realistic timeline for how to achieve this Creating a holistic view of how value is created and destroyed across the full value chain 13
14 Public sector sustainability examples UK Cabinet Office Annual Report and Accounts Extract from 14
15 Public sector sustainability examples UK Environment Agency Annual Report and Accounts Extract from 15
16 Public sector sustainability examples Sustainable Australian Report 2013 Extract from 16
17 Integrated reporting
18 From traditional to integrated reporting Financial Statements Financial statements Financial statements Management commentary Governance & remuneration Environmental reporting Management commentary Governance & remuneration Sustainability reporting Governance & remuneration Financial statements Management commentary Integrated report Sustainability report Integrated reporting is more than merging financial and non-financial reporting information it s about disclosing value. Public Sector Pioneer Network is just developing a global network to develop an integrated reporting structure for public sector entities. 18
19 Impact of capitals on an organization s value By the application and transformation of different types of capital, the organization creates, changes or destroys value for themselves and others. A sustainable business strategy and model may have a direct or indirect impact on an organization s financial performance by creating intangible value and externalities, which in turn have the potential to influence future financial performance. Society and organizations Financial Manufactured Intellectual Human Social and relationship Natural Financial Manufactured Intellectual Human Social and relationship Natural Operational model 19
20 Questions and group dialogue
21 EY Assurance Tax Transactions Advisory About Ernst & Young Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 167,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential. For more information, please visit ey.com/ca Ernst & Young LLP All rights reserved.
Driving value by combining financial and non-financial information into a single, investor-grade document
5Insights for executives Driving value by combining financial and non-financial information into a single, investor-grade document Of special interest to: Chief risk officers Chief executive officers Chief
More informationStock markets are mainstreaming non-financial reporting. Are New Zealand companies ready?
Stock markets are mainstreaming non-financial reporting Are New Zealand companies ready? Contents How are investors redefining who the winners are? 3 What changes are in store for NZX listed companies?
More informationMake money, save money and manage risk. The benefits of well-designed environment, health, safety and sustainability programs
Make money, save money and manage risk The benefits of well-designed environment, health, safety and sustainability programs The opportunities and risks associated with environment, health and safety (EHS)
More informationCan the EU Directive on nonfinancial reporting give you a competitive advantage?
Can the EU Directive on nonfinancial reporting give you a competitive advantage? April campaign 2017 The better the question. The better the answer. The better the world works. Contents 1 2 Can the EU
More informationTransaction Advisory Services. Operational Transaction Services. Working with you to make your transaction a success
Transaction Advisory Services Operational Transaction Services Working with you to make your transaction a success Operational Transaction Services Canada offers substantial growth opportunities for both
More informationThe concept of capital in Integrated Reporting. Integrated Reporting Update
This IR Update comprises the following: - Types of s - Maintaining s to create value in the future - Application of the s model for IR - Considerations in using the s model in IR - Examples of the different
More informationLet s talk: governance
EY Center for Board Matters Let s talk: governance March 2014 Issue 3 Getting it right: succession planning for the boardroom and C-Suite Getting it right: succession planning for the boardroom and C-Suite
More informationIntegrated reporting. Communicating sustainable value creation
Integrated reporting Communicating sustainable value creation What is Integrated Reporting (IR)? IR is a significant evolution in corporate reporting, providing a business s investors and other principal
More informationHow can a transparent and effective corporate governance culture support the governance framework?
How can a transparent and effective corporate governance culture support the governance framework? October 2017 The better the question. The better the answer. The better the world works. Contents 1 2
More informationIs inclusive leadership a powerful catalyst for growth?
Is inclusive leadership a powerful catalyst for growth? High-performing teams those that embrace the power of different opinions, perspectives and cultural references are a force to be reckoned with in
More informationFinance for Non- Finance Executives
Finance for Non- Finance Executives Bahrain Three days Contents Introduction 04 Agenda 05 Introduction Course outline This three day course is an intensive introduction to a wide range of financial concepts
More informationAssessing the effectiveness of the external audit process
Assessing the effectiveness of the external audit process A guide for audit committees November 2013 Foreword This document offers practical guidance and direction for audit committees seeking to discharge
More informationReview of Operations and Activities: Listing Rule Guidance Note 10. Introduction. Issued: March 2003
: Listing Rule 4.10.17 Issued: March 2003 Key topics 1. Review of operations and activities guide 2. Assistance in preparing disclosures accompanying financial statements 3. Recommendations 4. Risk management
More informationThe viability statement. Finding opportunities in the new regulatory challenge March 2015
The viability statement Finding opportunities in the new regulatory challenge March 2015 Foreword The clock is already ticking for directors of listed 1 companies with accounting periods beginning on or
More informationInstitute of Corporate Responsibility and Sustainability Competency Framework Guiding Principles
Social Impact Awareness Understand the main ethical issues faced by an organisation and, if relevant, its supply chain and what an organisation s policy should be in relation to those issues. Horizon scan
More informationComplaint handling: under the spotlight. EY point of view
Complaint handling: under the spotlight EY point of view New rules on complaint handling On 23 July 2015, the UK s Financial Conduct Authority (FCA) issued its Policy Statement (PS15/19), in response to
More informationReducing fraud, bribery and corruption in your private business: 6 things you can do now
Reducing fraud, bribery and corruption in your private business: 6 things you can do now 1 With an increased focus on global commitments to mitigate fraud, bribery and corruption, there remains an ongoing
More informationStrategic Technology Advisory Services. Building a better working world from strategy through execution
Strategic Technology Advisory Services Building a better working world from strategy through execution Who we are EY s Strategic Technology Advisory Services (STAS) practice leverages the entire firm s
More informationBeginning a Business Sustainability Plan
Beginning a Business Sustainability Plan NYS Pollution Prevention Institute Anahita Williamson Director Michelle Butler Senior Engineer Trish Donohue Senior Engineer Sustainable Supply Chain & Technology,
More informationIIRC Integrated Reporting Framework Executive summary
IIRC Integrated Reporting Framework Executive summary 01 The new integrated reporting Framework Integrated reporting has grown in stature in South Africa and internationally over the last few years. Introduced
More informationCSA staff review of women on boards and in executive officer positions
CSA staff review of women on boards and in executive officer positions CSA staff review of women on boards and in executive officer positions In December 2014 amendments were made to National Instrument
More informationThe Latest Trend of IIRC And Integrated Report. Kiyoshi Ichimura, Ernst & Young Japan, IIRC Working Group Member Kenji Sawami, Ernst & Young Japan
The Latest Trend of IIRC And Integrated Report Kiyoshi Ichimura, Ernst & Young Japan, IIRC Working Group Member Kenji Sawami, Ernst & Young Japan Contents Part I- The latest trend of IIRC and Integrated
More informationRisk reduction? Value creation?
The power of culture: Risk reduction? Value creation? Find out what applying a cultural lens to your organisation could reveal Measuring the effectiveness and value of culture and potential risks is one
More informationFraud risk management in not for profit organisations
Fraud risk management in not for profit organisations TJ Koekemoer Director Ernst & Young, Australia 1 May 2012 Agenda Introduction The fraud landscape Understanding fraud risks using the fraud triangle
More informationSupplier risk compliance obligation or source of competitive advantage? Improve supplier reliability to lift business performance
Supplier risk compliance obligation or source of competitive advantage? Improve supplier reliability to lift business performance Steps to reduce supplier uncertainty and uncover cost savings An unreliable
More informationSecuring the Future - RSL (Queensland Branch) Governance Model Final Report December 2017
Securing the Future - RSL (Queensland Branch) Governance Model Final Report December 2017 Liability limited by a scheme approved under Professional Standards Legislation. Contents 1. Executive Summary
More informationGlobal Reporting Initiative Index
Global Reporting Initiative Index At RBC we have adopted a multi-pronged approach to sustainability reporting, and we publish information about our social, environmental and ethical performance in a number
More informationSustainable Development Goals. What you need to know about the Sustainable Development Goals and how EY can help
Sustainable Development Goals What you need to know about the Sustainable Development Goals and how EY can help 2 Sustainable Development Goals Contents 1. Sustainable Development Goals an introduction
More informationThe Business Model concept in Integrated Reporting
This IR Update comprises the following: - To propose a definition of the term business model for IR - To provide guidance on how to disclose the business model in an IR Integrated Reporting Update The
More informationboards King IV TM update Stakeholders and stakeholder relationships
5 Insights for boards King IV TM update Stakeholders and stakeholder relationships 1 The draft King IV TM (King IV) was released on 15 March 2016. (available at https://c.ymcdn.com/sites/iodsa.site)ym.com/resource/
More informationAdvisory Services. Global process ownership: implications for organizations. Global process ownership as a concept. by Lisa Janke and Neel Garg
Advisory Services Global process ownership: implications for organizations by Lisa Janke and Neel Garg Global process ownership as a concept Developing a governance model that seeks to assign process ownership
More informationEY Center for Board Matters
EY Center for Board Matters Disclosure effectiveness: is it on your board s agenda? The role of financial disclosures has never been so important. Investors, creditors, analysts and other stakeholders
More informationStructure and content
The interview Go for it! A job interview is the first big step in your career. You re not just looking for a job you re launching yourself on a lifelong journey. With so much at stake, the interview process
More informationIntroduction to the Management Commentary
IFRS Foundation Introduction to the Management Commentary March 2018 This document highlights potential areas for consideration as the Practice Statement is developed Copyright 2018 IFRS Foundation. All
More informationEY Center for Board Matters. Leading practices for audit committees
EY Center for Board Matters for audit committees As an audit committee member, your role is increasingly complex and demanding. Regulators, standard-setters and investors are pressing for more transparency
More informationSession 56, Model Governance: What Could Possibly Go Wrong? Part II. Moderator: David R.W. Payne, MAAA, FCAS
Session 56, Model Governance: What Could Possibly Go Wrong? Part II Moderator: David R.W. Payne, MAAA, FCAS Presenter: Dwayne Allen Husbands, FSA, MAAA David R.W. Payne, MAAA, FCAS Chad R. Runchey, FSA,
More informationIntegrated reporting. Tips for organizations on elevating value EY Integrated Report summary brochure_v.15.indd 1
Integrated reporting Tips for organizations on elevating value 6511 - EY Integrated Report summary brochure_v.15.indd 1 09/05/2014 13:42 This paper is designed to give organizations tips on how to implement
More informationOperating Model Effectiveness
Operating Model Effectiveness Operating Model Effectiveness To restore and maintain confidence in the long term, businesses must understand and manage risk better through improved operational efficiency,
More informationComplex contracting made simple
Complex contracting made simple Integrated legal and advisory services Complex contracting made simple Integrated legal and advisory services EY s multi-disciplinary complex service contracts team delivers
More informationSupporting local public services through change. Getting more from strategic commissioning
Supporting local public services through change Getting more from strategic commissioning The unprecedented level of public sector spending cuts and the impact on local authority budgets is well documented.
More informationToday s independent board leadership landscape
Today s independent board leadership landscape Board leadership structures have evolved dramatically over the past 20 years. Today, 92% of S&P 1500 companies have independent board leadership, up from
More informationATLAS COPCO ANNUAL REPORT SUSTAINABILITY INFORMATION 2016
ATLAS COPCO SUSTAINABILITY INFORMATION 2016 Atlas Copco s priorities for sustainable profitable growth In 2015, Atlas Copco launched its strategic priorities for sustainable, profitable growth. They were
More informationThe long and winding road to corporate governance reform
August 2017 The long and winding road to corporate governance reform A summary of the Government s response to reform the UK s corporate governance framework Introduction On 29 August 2017, the Government
More informationThe complexity of an interconnected world
The complexity of an interconnected world How sustainability and corporate responsibility can help enhance stakeholder value in the beverage industry Managing the web of interconnected issues The beverage
More informationSTANDARD DISCLOSURE DESCRIPTION LOCATION OR COMMENT EXPLANATIONS AND OMISSIONS STRATEGY AND ANALYSIS
This table contains Standard Disclosures from the Global Reporting Initiative (GRI) Sustainability Reporting Guidelines and is aligned with the GRI G4 Guidelines 'in accordance' core. STRATEGY AND ANALYSIS
More informationModel Risk Management (MRM)
Model Risk Management (MRM) 2015 SEAC Fall Meeting Dwayne Husbands November 20, 2015 Overview Introduction Model risk management framework Common challenges Page 1 Introduction Background Model risk management
More informationManagement Accountability Framework
Management Accountability Framework Canadian Public Sector Quality Association November 20, 2013 Presented by: Anne Casault, Director MAF Directorate, TBS Management Accountability Framework (MAF) The
More informationALLIANZ GRI TABLE 2017
This table contains Standard Disclosures from the Global Reporting Initiative (GRI) Sustainability Reporting Guidelines and is aligned with the GRI G4 Guidelines 'in accordance' core. STRATEGY AND ANALYSIS
More informationGovernance and reporting. How can boards navigate their way through a changing regulatory landscape?
Governance and reporting How can boards navigate their way through a changing regulatory landscape? Governance and reporting How can boards navigate their way through a changing regulatory landscape? Boards
More informationSustainability Reporting
Sustainability Reporting 17 August 2017 Foo Kon Tan LLP. All rights reserved. -1- Agenda S/N Items 1. SGX Sustainability Reporting Requirements 2. Sustainability Reporting Approach 3. Framework & Disclosure
More informationStrengthening accountability in banking
Strengthening accountability in banking A summary of the final rules Summer 2015 On 7 July 2015, the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) published statements and
More informationDraft King IV TM Report. A Synopsis
Draft King IV TM Report A Synopsis Draft King IV TM A Synopsis The Task Team looked to both strengthen the Report with reference to its philosophical underpinnings and to increase its relevance in taking
More informationThe winning tax transformation trinity. Data, technology and operations
The winning tax transformation trinity Data, technology and operations Panel Moderators Daryl Blakeway Director South Africa Tax Performance Advisory Anthony Davis Executive Director EMEIA Tax Performance
More informationOperational Transaction Services
Operational Transaction Services Working with you to make your acquisition a success Operational Transaction Services Working with you to make your acquisition a success 1 Operational Transaction Services
More informationPowered by different perspectives
Pay gap report 2017 Powered by different perspectives At EY we support transparency of pay reporting Steve Varley, UK Chairman and Managing Partner, UK and Ireland We recognise that the aim of pay gap
More informationManaging capital. The essential guide for growth oriented companies
Managing capital The essential guide for growth oriented companies How you manage your capital today will define your competitive position tomorrow. Focusing on capital Capital is the lifeblood of every
More informationCharter of the Board of Directors
Charter of the Board of Directors 2018 CGI GROUP INC. Proprietary Charter of the Board of Directors Important note The CGI Constitution, including the Dream, Vision, Mission, and Values of the CGI Group
More informationEnvironmental Reporting Guidance: CSA Staff Notice What does it mean, why does it matter and where do you go from here?
Environmental Reporting Guidance: CSA Staff Notice 51-333 What does it mean, why does it matter and where do you go from here? Increasing the transparency and quality of environmental disclosures On October
More informationPerformance Risk Management Jonathan Blackmore, May 2013
Performance Risk Management Jonathan Blackmore, May 2013!@# Topics The world is changing How leading companies turn risk into results Back to basics 2 Company focus Market Risk Management an evolving journey
More informationBusiness integrity and sustainable growth: making the intelligent connection Fraud Investigation & Dispute Services
Business Integrity and Corporate Compliance Business integrity and sustainable growth: making the intelligent connection Fraud Investigation & Dispute Services We make the connection between integrity,
More informationThe UK Modern Slavery Act What are the requirements and how should businesses respond?
The UK Modern Slavery Act 2015 What are the requirements and how should businesses respond? Introduction Modern slavery is defined as slavery, servitude, forced or compulsory labour and human trafficking
More informationGRI Content Index. Commonwealth Bank s external reporting is available at these websites:
Commonwealth Bank s external reporting is available at these websites: : www.commbank.com.au/investors : www.commbank.com.au/corporategovernance Corporate Responsibility Report, Performance Data and Assurance
More informationWhen cost cutting alone isn t enough
Consumer products Of special interest to Consumer products executives Insights for 5executives When cost cutting alone isn t enough Sustainable cost reduction means knowing your culture EY s Global Consumer
More informationShareholder engagement and corporate reporting at a crossroads. February 2014
Shareholder engagement and corporate reporting at a crossroads February 2014 Will company boards, investors and auditors embrace new corporate governance changes so as to maximise the benefits to shareholders?
More informationMake money, save money and manage risk
Make money, save money and manage risk The benefits of well-designed environment, health, safety and sustainability programs EHS and sustainability The opportunities and risks associated with environment,
More informationAnnual reporting in 2016/17: broad perspective, clear focus Aide mémoire
Annual reporting in 2016/17: broad perspective, clear focus Aide mémoire Aide mémoire This aide mémoire will help you address key considerations and challenges as you start planning and drafting your next
More informationMillennials Inheritance Revisited by Alberto Bientinesi, FAO Volunteer
Millennials Inheritance Revisited by Alberto Bientinesi, FAO Volunteer September 2017 An uncomfortable inheritance Planetary boundaries and a decadelong crisis have replaced the after-war concept of infinite
More informationIIRC Consultation Draft. Executive Summary
IIRC Consultation Draft Executive Summary T 1 IIRC Consultation Draft Executive Summary IIRC Consultation Draft Executive Summary The International Integrated Reporting Council (IIRC) released the International
More informationCharter of the Board of Directors
Charter of the Board of Directors 2017 CGI GROUP INC. Proprietary Charter of the Board of Directors Important note The CGI Constitution, including the Dream, Vision, Mission, and Values of the CGI Group
More informationOut with the old, in with the new. Early reflections from EY s review of December 2013 annual reports in the FTSE 350 June 2014
Out with the old, in with the new Early reflections from EY s review of December 2013 annual reports in the FTSE 350 June 2014 A year of change in corporate reporting 2013 was clearly a year of change
More informationThe Contribution of NSW Community Service Organisations
The Contribution of NSW Community Service Organisations December 2015 Contents 1. Context... 1 2. Research Approach... 2 3. Research Findings... 3 4. Recommendations... 5 5. Case study 1: Local Multiplier
More informationAre you ready for conflict minerals reporting?
Are you ready for conflict minerals reporting? Insights for US reporters and their suppliers By 31 May 2014, all SEC registrants that use conflict minerals in their manufactured products will need to disclose
More informationManagement Commentary Practice Statement
IFRS Foundation IASB Management Commentary Practice Statement Education session IASB Meeting - March 2018 Copyright 2018 IFRS Foundation. All rights reserved Disclaimer 2 This paper has been prepared for
More informationAtlas Copco annual report GRI Index 2017
Atlas Copco annual report GRI Index 2017 Global Reporting Initiative (GRI) Index Atlas Copco is committed to transparent, reliable and timely reporting on the most material sustainability aspects. Atlas
More informationThe new revenue standard
The new revenue standard Why is it so important? June 8, 2016 Agenda Overview Why should you care? The five step model Implementation challenges What should Companies be doing? Page 2 Overview Page 3 The
More informationExcellence in financial communication. Meeting the needs of international investors by ensuring effective financial communication
Excellence in financial communication Meeting the needs of international investors by ensuring effective financial communication Meeting investors demands Are you ready... Financial communication Effective
More informationAccelerate programme launch
Accelerate 2012 programme launch Contents Welcome 01 Accelerate: How it works 02 Overview 03 Workshop outlines 05 London dates 20 Welcome I passionately believe in Ernst & Young making the difference for
More informationRisk management is changing. Act now.
Global Regulatory Reform Risk management is changing. Act now. Risk Transformation 01 The call to action 01 02 New world. New CRO. 02 03 The risk function must operate differently 04 04 The ART of risk
More informationSurveillance Program Design and Behavioral Analytics Implementation
Surveillance Program Design and Behavioral Analytics Implementation Scott Jarrell Senior Manager EY #AnalyticsX C o p y r ig ht 201 6, SAS In sti tute In c. Al l r ig hts r ese rve d. EY Fraud Investigation
More informationDoes the speed of change blur or sharpen your focus?
EY Growth Barometer 2018 UK highlights Does the speed of change blur or sharpen your focus? The UK middle market may be taking stock amidst uncertainty, but growth remains firmly in their sights, fueled
More informationEnvironmental, social and governance (ESG) materiality assessment
Environmental, social and governance (ESG) materiality assessment August 2017 kpmg.com/nz Considering materiality leads to credible ESG disclosures The business as usual perspective provided by financial
More informationWhat do we mean by Integrated Reporting?
What do we mean by Integrated Reporting? The integration of financial, non-financial and narrative information A model that t illuminates i an alignment between key elements of reported information: Market
More informationIntergovernmental Working Group of Experts on International Standards of Accounting and Reporting (ISAR)
Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting (ISAR) 33rd SESSION 4-6 October 2016 Room XVIII, Palais des Nations, Geneva Wednesday, 5 October 2016 Afternoon
More informationVoluntary Welfare Organisations: how boards can help in human capital management
Voluntary Welfare Organisations: how boards can help in human capital management In human capital, VWOs need strong support and oversight from their boards to design, implement and sustain strong strategies
More informationInnovating with RegTech. Turning regulatory compliance into a competitive advantage
Innovating with RegTech Turning regulatory compliance into a competitive advantage Contents Executive summary 01 The evolution of RegTech 02 RegTech ecosystem 04 Market insights 06 RegTech benefits 08
More informationMaking culture count. Strengthening culture for better risk and compliance outcomes. February 2018
Making culture count Strengthening culture for better risk and compliance outcomes February 2018 Risk culture is the collective attitudes, perceptions, beliefs and behaviors that impact risk and affect
More informationICGN Guidance on Integrated Business Reporting
ICGN Guidance on Integrated Business Reporting Influencing Connecting Informing Published by the International Corporate Governance Network 2015. 2nd Edition All rights reserved. Dissemination of the contents
More informationPeople Strategy. Purpose. Our mission
People Strategy 2016 2021 Purpose The People Strategy has been developed to support the mission and values of the University. The Strategy makes a clear statement about how the University values and treats
More informationWhat is next for Interbank Offered Rates?
What is next for Interbank Offered Rates? What is changing? After more than 40 years of organisations relying on Interbank Offered Rates (IBORs) as a reference rate, the London Interbank Offered Rate (LIBOR)
More informationGuidelines for Governance of the Electricity Sector in Canada
Guidelines for Governance of the Electricity Sector in Canada Table of Contents 03 Executive Summary 05 Policy Context 06 Part I: Improving the Governance of Regulatory Agencies 07 How Regulatory Governance
More informationNext-generation enterprise risk management
Next-generation enterprise risk management Advancing strategy and performance in light of the COSO 2017 refresh Heading into the beginning of the year, the EY Center for Board Matters published the Top
More informationDriving sustainable performance in the oil and gas sector. Supporting your health, safety, environmental and social goals
Driving sustainable performance in the oil and gas sector Supporting your health, safety, environmental and social goals EY s Climate Change and Sustainability Services (CCaSS) focus on health clients,
More informationImproving your finance function effectiveness
April 2016 Financial Accounting Advisory Services Improving your finance function effectiveness Establishing a Center of Expertise framework for your teams Finance functions in many companies are evolving
More informationDisruption and resilience in agricultural supply chains
EY Assurance Tax Transactions Advisory For more information, contact: Veli Ivanova Ernst & Young, LLP Principal +1 720 931 4416 veli.ivanova@ey.com About EY EY is a global leader in assurance, tax, transaction
More informationHR: taking the right steps. UK leaving the EU
HR: taking the right steps UK leaving the EU In the face of uncertainty, can HR wait for direction? The impact on people of the referendum decision in June remains uncertain. Clarity is only likely to
More informationThe velocity of change
5Insights for executives The answers in this issue are supplied by: Bob Sydow Area Center of Excellence Leader +1 513 612 1591 bob.sydow@ey.com David Nichols CIO Services Leader +1 312 879 2717 david.nichols@ey.com
More informationThe future enterprise. A transformation road map for the automotive organization
The future enterprise A transformation road map for the automotive organization The view The Fourth Industrial Revolution represents an existential threat to companies in every industry. Automotive incumbents
More informationBig data strategy to support the CFO and governance agenda
Financial Accounting Advisory Services Big data strategy to support the CFO and governance agenda Big data has the potential to change the way people work. It is creating a culture in which business and
More informationThe current state of play. The future of risk in the Australian health sector
The current state of play The future of risk in the Australian health sector Foreword David Roberts Global Health Executive Asia-Pacific Health Leader Welcome to the EY series on the future of risk in
More information