Transparency key to integrated reporting

Markets are a powerful force for good in achieving the aims of supporting and driving sustainable value creation.

Loshni Naidoo, chief sustainability officer at the JSE, this week used examples from the Johannesburg Stock Exchange to discuss developing a sustainability approach at an investor relations workshop, hosted by Capricorn Group in partnership with GreymatterFinch.

"The JSE, as a leader in sustainability in emerging markets, recognises the importance of integrating the long-term perspective into financial markets to reduce socio-economic and physical risks and contribute to enhanced financial stability and a low carbon economy through a just transition,” Naidoo said.

Speaking on new generation reporting, Capricorn Group CEO David Nuyoma emphasised that the new integrated reporting evolution is driven by the increasing demand for transparency and accountability.

"Transparency and accountability are crucial in our journey to bring about positive change,” Nuyoma said.



Commitment

Capricorn Group's own integrated report journey started in 2016 when it published its first integrated annual report as part of its commitment to sound corporate governance, transparency and best practice.

“Since then, we have matured and evolved our reporting to ensure that we meet the needs of our stakeholders, whose information needs are changing, calling for more transparency and data on non-financial disclosures," Nuyoma said.

During the workshop, a panel of speakers and presenters from various sectors shared their insights and experiences on different topics related to changes in the reporting landscape and new perspectives on the role of boards in reporting.

Nuyoma urged the workshop attendees to actively participate in the ongoing transition to integrate and embed environmental, social and governance (ESG) goals and performance into mainstream reporting.

"Our responsibility as organisations is to pave the way for a sustainable future that can last for generations to come.

“As we gather here today, we are not just representatives of our respective organisations, but we are also entrusted with the task of being stewards of collective responsibility to shape a future that is environmentally friendly, socially equitable and economically resilient," added Nuyoma.