South Africa is leading the way on the usage and adoption of the integrated reporting approach. Ernst & Young encourage this through a bench marking of the listed companies, presently in its forth year.
In the recent report "EY’s Excellence in Integrated Reporting Awards 2014" it does make for interesting reading on where the use of all the combined capitals are encouraged but still shows that progress seems to be significantly lacking.
The stated purpose of the…Continue
Just out a paper that might offer some useful reading on the treatment of THE capitals within Banking..
The report opens with "Traditionally, reporting in the banking industry has focused on financial capital and, to some extent, human capital. With the emergence of a digitized world and the notion of the banks themselves under threat of disintermediation, careful consideration of the use of, and effects on, other capitals is increasingly important."
It has been a while since I posted onto Smarter Companies but this held my attention and has got me thinking about the wider aspects of our intangibles and the impact digitization is having on bringing this further to the fore.
I've taken this from an extended post on my site www.paul4innovating.com as I think it has a real relevance to the community here.
The shift to intangibles within the digital…Continue
Recognizing the value of our innovation-related assets is where the ‘smart money’ should go. To gain growth and to improve productivity is through innovation. We need to translate knowledge into new values.
When you pause and consider the make-up of Innovation Capital you realize it makes such an economic contribution and in a report from McKinsey & Co, they have…Continue