Integrated Reporting

The video discusses integrated reporting, a new approach where organizations report not only financial numbers but also social, environmental, and governance activities. This shift is driven by investors' demand for sustainability performance linked to economic value. Key organizations like IIRC and SASB are leading this change, with frameworks to include these criteria. The SEC has also started requiring climate risk disclosures in financial reports, encouraging long-term thinking. The video highlights the path from IIRC to SASB, GAAP, and FASB, emphasizing the importance of these frameworks in providing assurance and attesting to company information.

In what ways can integrated reporting influence an organization's long-term thinking?

What changes did the SEC implement regarding climate risk disclosures?