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One Report: Integrated Reporting for a Sustainable Strategy Hardcover – March 8, 2010
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"One Report is about creating a better corporate reporting system that integrates the reporting of financial, environmental, social, and governance performance, with a particular focus on the ability of a company to operate in an environmentally sustainable manner. The book incorporates several excellent real-world examples of the One Report concept. The book is well-researched and the quality of the writing is excellent." (accountingtools.com, April 2010)
"This is the first book I have seen on integrated reporting. One of the most telling points made in the book is the need for companies to integrate sustainable strategies into their businesses. The authors go on to say that integrated reporting forces companies to do this because of the governance requirements facing organizations today. I also like the sections dealing with how companies should be making use of social media such as Facebook to communicate and engage with stakeholders. The book is well worth reading. It is short and gives a good overview of the topic." (sustainabilitysa.org, April 2010)
"In an interview with IR Magazine, Krzus makes it clear that he and Eccles aren't touting a new product or service. For their book, they identified and cataloged best practice by studying companies such as the Netherlands' Philips, Denmark's Novo Nordisk, Brazil's Natura, and US-based United Technologies Corporation." (thecrossbordergroup.com, March 9, 2010)
"Integrated reporting is the subject of Harvard Business School Senior Lecturer Robert Eccles' new book, One Report. According to Professor Eccles, there are only a handful of companies in the world that practice integrated reporting. The idea behind integrated reporting is much more than a static paper document or PDF. It's a web-based approach that makes strategic use of Web 2.0 tools and technologies to enable users to do their own analyses. Integrated reporting offers several benefits...such as deepened engagement with stakeholders, improved corporate governance and communication of performance with "ONE" conversation. Just imagine, one conversation to share your reputation." (reputationxchange.com, March 8, 2010)
From the Inside Flap
The recent financial meltdown and the cur- rent climate crisis make greater transparency through better corporate reporting a more urgent issue than ever. Best achieved by integrating required financial reporting with voluntary sustainability reporting, this practice is now being adopted by leading companies all over the world.
For companies that have truly embedded sustainability into their strategy and operations, integrated reporting is essential. One Report explains why integrated reporting is necessary for sustainable company strategies and a sustainable society, provides insights on how it can be done, and makes the case for it being adopted in every country in the world.
Required reading for executives, shareholders, other stakeholders, and government officials, One Report looks at:
The state of financial and nonfinancial reporting today and why it is in a company's best interests to practice integrated reporting
Companies that are currently practicing One Report, including the Dutch health care company Philips; the Danish pharmaceutical company Novo Nordisk; the Brazilian cosmetics and fragrances company Natura; and U.S.-based United Technologies Corporation
How the Internet and Web 2.0 tools and technologies can be used to improve corporate reporting and dialogue and engagement with all stakeholders
What must be done by companies, investors, governments, and civil society to accelerate the broad adoption of integrated reporting for a sustainable society
Integrated reporting is taking off.
Get One Report and get prepared to embrace transparency in a way that incorporates sustainability into your company's overall strategy. Our global society depends upon it.
Top Customer Reviews
Part primer on the state of financial and nonfinancial reporting, part survey of successful integrated reporting practice, and part roadmap for implementing a new reporting structure mixed together with a healthy dose of commitment to and passion for the topic, One Report provides us with a framework for not only continuing a discussion, but for actionable, implementable change.
As the authors write, "Leadership depends upon individual initiative." Rather than waiting for it to be "too late," Eccles and Krzus offer us in plain language a look at companies willing to face the sustainability issue head on with the commitment of Boards and C-Suites through shop-floor personnel to greater transparency with integrated reporting, as well as a way to use Web 2.0/social media tools for more than sharing photos and rating restaurants.Read more ›
Integrated reporting has the potential to drive investment and spur competitiveness, on the dimensions of sustainability that really matter. While the book is excellent in terms of making the argument for integrated reporting, it is light on what should actually be in the condensed report, or how to figure that out. Materiality is central to determining this. Eccles and Krzus acknowledge that there is not even concensus on financial materiality, let alone non-financial materiality. This is too important a topic to leave to companies to figure out themselves. The holy grail is not integrated reporting- it is comparable reporting. In order to arrive at this, the SEC will need to issue guidance on materiality and/or a minimum set of KPIs to be reported by sector. This is what can take integrated reporting from a great idea to reality for all listed public companies in the US- with all the public and private benefits that will come from such an approach, as Eccles and Krzus argue so well.
The idea is simple. Eccles argues for companies to produce a single annual report that includes both financial and nonfinancial (e.g., on corporate social responsibility and sustainability metrics) performance information and making that information easily accessible to stakeholders. The idea of taking advantage of Web 2.0 tools to allow the reader to integrate the information in the way they want and when they want it fits squarely with the times. Professor Eccles's argument that integrated reporting provides a way for shareholders, customers, employees, communities as well as analysts to engage with companies more effectively is a winning argument in this new age of transparency and open engagement.
The examples of forward-looking companies who integrate reporting are fascinating and make you leap for the keyboard to find the companies named and see how they are integrating all this information with the click of a mouse. For me, one of the best parts is reading why leaders choose to use this form of reporting and what they learned from the experience. The writing is clear, engaging, rich with detail and resources, and takes you through the history, momentum for this type of reporting, technological considerations and a call to action.Read more ›
Most Recent Customer Reviews
If you are looking for general information about sustainability reporting, don't expect too much from this book: this is a very superficial overview of the historical background of... Read morePublished on June 7, 2012 by theophile garland
By its in-depth analyses and actionable prescriptions of integrated reporting alone, One Report by Eccles and Krzus is an insightful and practical reading for business leaders as... Read morePublished on April 18, 2010 by Yong Chen
One Report lays out, with clear and relevant examples, how companies and their stakeholders benefit from a more integrated, collaborative and 'consumer driven' approach to... Read morePublished on April 11, 2010 by R. Michael Willis
Book review for One Report
In this excellent book, Eccles and Krzus make a strong case for combining financial and nonfinancial (including environmental, social and... Read more
A great book that focuses on the essence of corporate reporting. In the current scenario were a lot of companies are showing weak financials and sometimes covering up a lot of... Read morePublished on April 8, 2010 by Ajinth Christudas
Public companies tend to say less rather than more for fear of drawing investor attention to potential warts or revealing too much to competitors. Read morePublished on April 5, 2010 by Michael Blumstein
The present financial crisis has shattered trust in corporations and business at large, one could even say in capitalism. Read morePublished on March 31, 2010 by Emilio Galli-zugaro
Professor Robert Eccles in One Report innovatively challenges corporate social responsibility. One Report calls for a paradigm shift in corporate reporting to include all... Read morePublished on March 17, 2010 by Diego E. Chacon
Just finished reading Bob Eccles's new book, One Report. I come away impressed. yes, the cases are relevant and interesting. Read morePublished on March 17, 2010 by Alan M. Kantrow