Good Governance Academy 8th Colloquium
How an organisation makes its money has impacts on the three critical dimensions for sustainable development namely the economy, society and the environment.
In making its product or rendering its service there are outputs and impacts on these three critical dimensions for sustainable development with outcomes (impacts).
Simultaneously the three dimensions have an impact on the organisation itself impacting on its financial condition, its operating performance and its risk profile.
In reporting, in order to discharge the duty of accountability, the leaders of an organisation need to integrate the material financial and non-financial matters.
From this integration users can glean whether or not the board has, as a collective mind, adopted integrated thinking and the quality of the board and management can be assessed.
There are inputs into every organisation to enable it to make its product or render its service. There are impacts ‘inside-out’ and ‘outside-in’ and there should be an integrated report in clear concise and understandable language about the integration of the financial and so-called non-financial matters.
Join this event to hear from the global experts in these matters and how they are shaping the future.