Set for take-off in Singapore

Jay OwenSRI/ESG News

IIRC Newsletter – April Edition

<IR> set for take-off in Singapore

singapore will soon have a roadmap for <IR> adoption, backed by a sound body of academic and empirical evidence, following the creation this month of a market-led <IR> steering committee.  “We are moving from concept to execution”, said Michael Lim, Chairman of the singapore Accountancy Commission (SAC) at a specially convened <IR> Forum on 22 April co-hosted with the Institute of Singapore Chartered Accountants (ISCA). 

 
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<IR> embedded in Malaysian Securities Commission

Malaysia’s Securities Commission accelerated its journey towards embedding <IR> within the business and investment practice this month by giving the strongest signal yet that it wants Malaysian businesses to adopt the International <IR> Framework. The Securities Commission hosted a 110-strong event with ACCA Malaysia entitled ‘Revolutionising the way we communicate value in Malaysia’.

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Brazilian Stock Exchange calls for “Report or Explain” on Integrated Reporting


Brazilian Stock Exchange, BM&FBOVESPA has made a strong statement in support of <IR> by encouraging businesses to produce integrated reports. 

 
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“Europe is sending a strong signal to the rest of the world, advancing the global move towards Integrated Reporting” Richard Howitt MEP

The European Commission, which this month passed legislation that will require around 6,000 European entities to disclose on non-financial and diversity information, has hailed <IR> as a “step ahead”. In its memo, the Commission went on to say, “The Commission is monitoring with great interest the evolution of the Integrated Reporting concept, and, in particular, the work of the International Integrated Reporting Council.” 

 
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Public Sector Pioneer Network for <IR> set up to meet demand

A network for bodies in the public sector will be established to share views and experiences on how <IR> can be applied in the public sector, as organizations move to build trust and improve accountability.

 
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Translations of the International <IR> Framework now available!

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A blog by George Serafeim,
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