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SAP’s 1st Integrated Report: From Sustainability to Integrated Thinking

Using Integrated Reporting as a catalyst for integrated thinking. That’s how Peter Graf, SAP’s Chief Sustainability Officer expressed the firm’s decision to replace two reports — the annual report mandated by the law and submitted to the SEC indicating the company’s financial performance and the sustainability report , voluntary in nature and showing its non-financial performance— by one Integrated Report for 2012. While Integrated Reporting is a fairly new trend — The International Integrated Reporting Committee [IIRC] website hosts a total of 63 Integrated Reports since 2011 — it’s not surprising. As the trend of CSR and sustainability reporting grows — due to multiple factors including a recessionary economy, dwindling resources, emerging conflicts in supply chains and a better connected world — logically, Integrated Reporting is the next step for any organization truly attempting to be as transparent as possible about its financial and non-financial challenges and performance. More…

News selected by Covalence | Country: Global | Company: SAP  | Source: CSRwire

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