Non-Financials: From Checking Boxes to Making an Impact
e are used to receiving “non-financials” under the heading of “sustainability” as a kind of inferior annual report, a review of the previous business year. This common practice reveals much about the status of non-financials, and shows just how drastically a company’s non-financial performance is undervalued. Provided they are correctly integrated, non-financials make it possible […]
Integrated report reflects long-term focus
For 108-year-old glass packaging manufacturer Vetropack, the integrated reporting (IR) framework serves as the basis for an accurate representation of its holistic business model. This is because Vetropack’s model is geared toward long-term value creation and has long combined financial and non-financial aspects. The switch to integrated reporting was therefore a natural step for Vetropack, […]
Clariant’s Holistic Approach to Value Creation Through Integrated Reporting
Challenge Making the leap from a conventional financial report to an innovative Integrated Report, which requires far wider company participation, dismantling silos, mining a completely new kind of data and a significant process shift. Goal Clariant is a leading global provider of specialty chemicals. Before 2016, the company annually released a traditional financial report and […]
