This is not yet
The Integrated Reporting Report
. Instead, it’s asurvey o some o the trends driving greater integration o business reporting. We summarise the ndings, conclusionsand recommendations o the rst oresight project coveringtransparency and reporting in the next decade—including anoutline vision o a radically more transparent economy. The project has been undertaken by Volans, at the invitation—and with the support—o the Global Reporting Initiative (GRI).Financial support and other inputs were provided by The DowChemical Company, Novo Nordisk and SAP, and collegial inputsby SustainAbility. To declare an interest, I have been involved with GRI more orless since its inception, helping move it to a triple bottom lineormat—and now sit on the GRI Board. That said, my Boardmembership was agreed subject to the right to provoke—and
The Transparent Economy
was originally conceived as anopportunity to probe the uture reporting agenda, with a airlyree brie.With what ollows, we hope to spur an ongoing set o conversations about the uture o transparency, reporting,accountability and sustainability. Please join us atwww.transparenteconomy.com or at the Integrated Reportinggroup on LinkedIn.
Foreword: GlobalReporting Initiative
Capitalism is at a tipping point and, consequently, there iseverywhere an urgent need or change and or sustainableeconomic solutions. In parallel, we can see a clear relationshipbetween transparency and these solutions. This connection is evident when one thinks, or instance, aboutcorporate raud or about the nancial crises, which revealed whatcan happen when economies are dominated by the opaquerules o the nancial market. Links between transparency andsustainable development are also critical when talking aboutthe common management o natural resources, pollution, socialrights, violence and wealth.All organizations can contribute to the management o theseissues in a transparent way by preparing and publishing asustainability report. It has increasingly become common toissue such reports. But what type o sustainability report willoer the necessary transparency to build sustainable economicsolutions? What content is useul? And in what ormat(s)? To acilitate this vital dialogue in a creative way, GRI is launchinga new research program called “Future Trends in SustainabilityReporting” (see www.globalreporting.org/uturetrends). To begin this new research program, GRI presents
The Transparent Economy
– the rst publication under GRI
Series. Thisreport oers the instigating ndings o research led by Volans,in collaboration with other organizations and individuals, towhom GRI is deeply grateul. This lively publication shows thatthe collaboration with Volans oered the ertile context GRI waslooking or to promote this important debate.We hope you nd the report enjoyable and engaging!
Dr. Nelmara Arbex
Director Learning ServicesGlobal Reporting Initiative
Dr. Nelmara ArbexJohn Elkington