Driving toward One Report: companies considering integrated corporate reporting will value this guide.

Author:Martell, Annette
Position:One Report: Integrated Reporting for a Sustainable Strategy - Book review

about the book

One Report: Integrated Reporting for a Sustainable Strategy

by Robert Eccles and Michael Krzus

John Wiley & Sons, 2010

256 pages


'All the forces in the world are not so powerful as an idea whose time has come," Victor Hugo wrote. His words aptly apply to One Report: Integrated Reporting for a Sustainable Strategy, by Harvard Business School's Robert Eccles and Grant Thornton's Michael Krzus. So, too, do Don Tapscott's words as the author of One Report's insightful and inspiring foreword. The author of 13 books, Tapscott senses that integrated reporting, the focus of One Report, will be a game changer. He suggests that the insatiable drive for corporate transparency--coupled with technology's ability to deliver that transparency--will accelerate interest, demand and pursuit of integrated corporate reporting.

What exactly is integrated reporting? The authors explain: "In its simplest terms, One Report means producing a single report that combines the financial and narrative information found in a company's annual report with the nonfinancial (such as environmental, social and government issues) and narrative information found in a company's 'Corporate Social Responsibility' or 'Sustainability' report.... It involves using the Internet to provide integrated reporting in ways that cannot be done on paper, such as through analytical tools that enable the user to do his or her own analysis of financial and nonfinancial information."

One Report's diagnosis of integrated reporting is complete and contagious. Chapters 1 and 2 define integrated reporting in thorough terms, ground it in current events, and track its evolution by profiling how Nova Norodisk, Natura and United Technologies introduced their own One Report. Chapters 3 and 4 outline with timely and exacting technical terms the current state of financial reporting, and explore how nonfinancial reporting--environmental, social and governance...

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