By John O’Rourke, Vice President, Product Marketing, Oracle
Oracle recently sponsored a webcast on CFO.com titled: The CFO Playbook on Integrated Reporting: Integrating Sustainability into Financial Disclosures which focused on why top companies in the U.S. and overseas are incorporating sustainability content into their annual reports and other financial disclosures.
The webcast speakers, James Margolis, partner with Environmental Resources Management (ERM), a global provider of environmental, health, safety, risk and sustainability consulting
services (EHSS) and Mike Wallace, Director of the Global
Reporting Initiative's Focal Point USA, discussed the benefits of integrating sustainability
reporting with traditional financial
reporting. They noted how investors, corporate directors, lenders and most recently, the Securities and Exchange Commission, use this information to better understand, benchmark and value companies. They also talked about the November 2012 release of an Integrated
Reporting Framework by the International Integrated
Reporting Council (IIRC). Read the press release and link to the framework here.
The shift towards integrated financial and sustainability
reporting is gaining momentum with a number of global stock exchanges endorsing this approach in 2012. Visit these links to listen to the webcast and download the slides. You can also view a demonstration of Oracle's solution for integrated financial and sustainability
reporting. If you’re interested in learning more about this and Oracle’s other sustainability
reporting solutions, click here.
If you have any questions or need additional information, please feel free to contact me at
[email protected].
