Best Practice Environmental Social and Governance (ESG) Reporting
This report builds on the Report Leadership publication 'Tomorrow's
Reporting Today' and proposes that additional financial and narrative
information about Generico's delivery of its environmental, social and
governance strategies - both now and in the future - be included in the
annual report. The report demonstrates a practical approach to
quantification and valuation of Generico's sustainability strategy and
practices.
Report Leadership
Report Leadership is a multi-stakeholder group that aims to challenge
established thinking on corporate reporting. PwC is working with the
Chartered Institute of Management Accountants (CIMA), Radley Yeldar and
Tomkins plc to develop simple, practical ways to improve narrative and
financial reporting in the belief that corporate reporting should:
- be more relevant, informative and accessible
- go well beyond issues of measurement and accounting
- provide investors with what they want without inundating them with unnecessary detail.
The publication which outlines the initial thinking is available on
reportleadership.com. This reflects input and feedback from a number of investors, and is structured in two parts:
- a short framework document, focusing on some of the issues that investors say they would like the reporting model to address.
- a fictitious annual report of a company called Generico,
illustrating how our ideas can be addressed with creativity and
thought. To make its ideas practical and realistic, it focused on what
is achievable today within the current International Financial
Reporting Standards model, by improving disclosure and presentation of
information.
To download Best Practice ESG Reporting
[PDF 697 KB] please submit the following form.
