What does Integrated Reporting (IR) focus on in the context of sustainability?

Integrated Reporting (IR) focuses on communicating an organization's sustainability story across six capitals: financial, manufactured, intellectual, human, social and relationship, and natural. This approach emphasizes the interconnected nature of these capitals and how they contribute to the organization’s overall value creation. By integrating financial and non-financial information, such as environmental and social impacts, organizations can provide a more comprehensive view of their performance and strategy.

This holistic reporting framework allows stakeholders to understand how an organization is managing its resources and responsibilities, fostering transparency and accountability in its sustainability efforts. It goes beyond traditional financial reporting by incorporating the broader implications of business practices on sustainable development, thus helping organizations align their strategies with long-term value creation and sustainability goals.