The document discusses sustainability and integrated reporting frameworks, highlighting their importance in corporate governance and transparency. It describes sustainability reporting as a way for companies to disclose their economic, environmental, and social performance, while integrated reporting combines various strategic and operational metrics into one cohesive report. Recent developments include the push for mandatory climate change disclosures and the adoption of common reporting standards by industry leaders.

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© 2014 IBM Corporation
Sustainability and Integrated
Reporting Framework
Presenter: Paul Young, CPA, CGA – Proven Practice Adviser – Risk
Analytics, FOPM/FPM and Close, Consolidate and Reporting
Day: November 9, 2018

2. © 2012 IBM Corporation
Author / Bio
September 9,
2014
• Paul Young, CPA, CGA
• SME – Financial Performance Management (TM1, Cognos Controller and
Cognos Disclosure Management, OpenPages, Algorithmics, Cognos
Integrated Server, Cognos Command Center and Datawatch)
• Industry Experience
• 15+ years in Corporate Reporting, Budget & Forecasting, Costing,
Business Process Management, Internal Audit and Controls, Risk
Management, Financial Analysis, Costing
• 11+ years in financial solutions (FOPM, FPM, Risk, Office of the
Finance, Risk Management)
• 8+ years teaching Advance Finance, Advance Accounting, Public
Finance and Advance Management Information Systems
• Blogger in areas like Finance Analysis, Government policies, market
segment

3. © 2012 IBM Corporation
Agenda
September 9,
2014
• What is sustainable Reporting
• What is integrated reporting framework

4. © 2012 IBM Corporation
What is sustainability reporting
September 9,
2014
A sustainability report is an organizational report that
gives information about economic, environmental, social
and governance performance of operating segments and
measurement of disclosed segment information.

5. © 2012 IBM Corporation
Climate Change / Canada - SEC
September 9,
2014
• The Canadian Securities Administrators (CSA) today
announced a project to review the disclosure of risks and
financial impacts associated with climate change. The
project will gather information on the current state of climate
change disclosure in Canada and internationally, and will
include consultation with investors and reporting issuers.
• The disclosure practices of public companies in relation to
climate-related risks and financial impacts have attracted
significant international attention in recent years. Several
voluntary disclosure frameworks have been proposed,
culminating in the publication in December 2016 of a set of
recommendations by the Financial Stability Board's Task
Force on Climate-related Financial Disclosures.

6. © 2012 IBM Corporation
Integrated Reporting Framework
September 9,
2014
There are four information categories that your company
shares with every other industry and company out there:
External drivers, strategy, resources and relationships, and
performance, all underpinned by relevant performance
measures.
Source - PWC

7. © 2012 IBM Corporation
Integrated Reporting Framework
September 9,
2014
Over 1,500 companies report
• Japan and South Africa are key adopters
• Many of America’s leading brands have adopted
Integrated Reporting over recent years including
General Electric, JLL, Pepsi Co, Prudential Financial
and The World Bank. They are using Integrated
Reporting to communicate a clear, concise, integrated
story that explains how all of their resources are
creating value. Integrated Reporting is helping
businesses to think holistically about their strategy and
plans, make informed decisions and manage key risks
to build investor and stakeholder confidence and
improve future performance.

8. © 2012 IBM CorporationSeptember 9,
2014
Source - https://www.cpacanada.ca/en/business-and-accounting-
resources/financial-and-non-financial-reporting/sustainability-
environmental-and-social-reporting/publications/evolving-
corporate-reporting-voluntary-reporting-briefing

9. © 2012 IBM Corporation
New Reporting Mandate – Sustainability
September 9,
2014
Source - http://ww2.cfo.com/sustainability/2018/11/sasb-unveils-sustainability-accounting-
standards/?utm_campaign=CFODailyAlert&utm_nooverride=1&utm_source=CFO-
email&utm_medium=email&utm_content=CFODailyAlert_Thursday_2018-11-
8&utm_term=sustainability
As Barron’s reports, there has been no standardization of how, for example,
companies “disposed of toxic waste, or consume energy, or manage workplace
safety.”
“In the past, companies have struggled with what to report, which makes it
tough for investors to compare companies,” Barron’s said. “The new standards
provide clarity to the companies, as well as investors.”
SASB, which was established in 2011, worked on the standards with investors
and companies for six years. They cover 77 specific industries, recognizing, for
example, that chipmakers have very different water and waste demands than a
software company would.
Adoption of the standards is voluntary but according to the board, industry
leaders including GM, Merck, Nike, Kellogg’s, and JetBlue have begun using its
standards.

10. © 2012 IBM Corporation
Summary
September 9,
2014
• More and more government security exchanges are
looking at making climate change reporting
mandatory as part of their filings
• Integrated Reporting Framework is being bringing in
risk, sustainability, operational performance and
metric reporting into one report.

11. © 2012 IBM Corporation
Solutions
September 9,
2014
• IBM Cognos Disclosure Management / Reporting tool - http://www-
03.ibm.com/software/products/en/cognos-disclosure-management
• Cognos Controller - https://www.ibm.com/us-en/marketplace/auditable-
financial-consolidation
• IBM Planning Analytics Workspace -
https://www.ibm.com/support/knowledgecenter/en/SSD29G_2.0.0/com.ib
m.swg.ba.cognos.tm1_prism_gs.2.0.0.doc/c_prism_what_you_can_do.ht
ml
• IBM Sustainable Reporting:
https://www.ibm.com/ibm/green/sustainability_solutions.html

12. © 2012 IBM CorporationSeptember 9,
2014
• Additional Sources
• Paul Young (email: paul.young@ca.ibm.com)
• IBM Close, Consolidating and Reporting, Risk and Planning Analytics
• http://www.ibm.com/analytics/us/en/business/financial-reporting/
• http://www-03.ibm.com/software/products/en/planning-analytics
• http://www.ibm.com/analytics/us/en/business/governance-risk-
compliance/
• Reporting Pain Points -
http://www.slideshare.net/paulyoungcga/reporting-challenges-for-
accounting-and-finance-january-2017
• Pension Reporting
• https://www.slideshare.net/paulyoungcga/pension-accounting-rules-
and-automating-solutions