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].
