Incorporating externalities -- risks and assets -- into the corporate bottom line is the best way to achieve corporate sustainability and responsibility. Robert A.G. Monks explains Integrated Reporting as designed by IIRC. For the CIRI annual conference, Ottawa 2014.

1. Integrated Reporting
Robert A.G. Monks
June 17, 2014
www.ragm.com

3. <IR>
True cost of
products &
services
Costs factored
into market
price
Fewer
regulations &
prosecutions
Fewer fines &
settlements

4. "The university's review has concluded that coal is one of the
most carbon-intensive methods of energy generation and that
other sources can be readily substituted for it. Moving away from
coal in the investment context is a small, but constructive, step
while work continues, at Stanford and elsewhere, to develop
broadly viable sustainable energy solutions for the future."
-Stanford President John Hennessy

8. Consumers and investors are complicit in problems caused by
corporate externalities.
No More Enablers
ExternalitiesInjuries &
damages
Impact on
Environment
Lawsuits,
Fines &
Settlements
Money in
politics

9. <IR> solves those problems
“An integrated report benefits all stakeholders
interested in an organization’s ability to create
value over time, including employees, customers,
suppliers, business partners, local communities,
legislators, regulators and policy-makers.”
– IR Framework, www.theiirc.org