This document provides an overview of integrated reporting and the relationship between the International Integrated Reporting Council (IIRC) and the Global Reporting Initiative (GRI). It summarizes the developments in integrated reporting and GRI's G4 guidelines from 2011 to 2013, including feedback received on discussion papers and plans for future consultation and framework releases. It also notes that 326 integrated reports referenced GRI in 2010 and discusses the Australian response to IIRC consultation, with 16 responses coming from Australian organizations.

1. Joining The Dots –
an introduction to and trends
in integrated reporting
.
Chair: Rebecca Gunn, Manager, Sustainability Reporting, BHP Billiton, Member
GRI Stakeholder Council
Hwang Soo Chiat, Associate Professor, School of Accountancy,
Singapore Management University
Terence Jeyaretnam, Director, Net Balance
Nick Ridehalgh, Partner, KPMG; Content Taskforce Member, IIRC
Victoria Whitaker, Network Manager, Focal Point Australia,
Global Reporting Initiative
Melbourne, 28 March 2012

2. Integrated reporting
& GRI
Victoria Whitaker
Melbourne, 28 March 2012

3. Outline of the presentation
• GRI’s relationship with the IIRC
• Integrated GRI reports – what’s happening
• Australia’s response to the IIRC Discussion Paper & G4
Melbourne, 28 March 2012

4. GRI & the IIRC
Melbourne, 28 March 2012

5. IIRC’s proposition
Integrated
Reporting
Framework
Melbourne, 28 March 2012

6. Institutional involvement at all levels
International
Council
Working Group
Governance
Content
Sub-
Taskforce
Committee
IIRC Secretariat
Melbourne, 28 March 2012

7. Developments so far & future plans
2011 2012 2013
JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
G4 - gather
G4 - invite IIRC Integrated G4 – submit to governance
input on
input from G4 - invite input on priorities
draft bodies for approval International Integrated
IIRC's
networks Reporting Framework
consultation paper(s) Reporting Framework
G4 - form working groups & prep content G4 - integrate G4 - integrate
public input into G. bodies input
IIRC discussion content into content
paper & public GRI G4 and
Summary of IIRC IIRC Pilot Programme
comment guidance
discussion paper feedback conference
document on IR
IIRC Pilot Programme
IIRC Pilot Programme
Pilot Cycle 1 >> Australian GRI Conference
Pilot Cycle 2 >>
JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
2011 2012 2013
IIRC <IR> Framework
consultation
paper(s)
Melbourne, 28 March 2012

8. IR in numbers
Integrated reports based on GRI's Guidelines
350 326
300 270
250
200 189
150
14 18 13
100 in in in
50 Au Au Au
0
2009 2010 2011
Reports are registered as integrated reports if the reporter has
marked them as such in the report registration form
Melbourne, 28 March 2012

9. IIRC discussion paper responses
213 responses – 16 from Australia
• Auditing and Assurance Standards Board GRI or its Guidelines
• Australian Accounting Standards Board
• Australian Council of Superannuation Investors
mentioned in some of the
• Australian Institute of Company Directors responses
• Banarra
• Chartered Secretaries Australia Ltd
• CPA Australia
Main issues that came through
• Financial Reporting Council (FRC) from the responses
• Group of 100 Inc  Investor focus
• Heads of Treasuries Accounting and Reporting
Advisory Committee (HoTARAC)  Business model and value
• Institute of Chartered Accountants in Australia creation
• National Australia Bank
• Net Balance Management Group
 Concepts underlying the
• Wesfarmers definition
• Synengco  Future direction
• Work Safe Australia

10. GRI G4 Responses
• Disclosure on Management Approach
Working Group – Paul Davies –
Banarra
• Governance and Remuneration
2000 submissions Working Group – Hugh
Grant, Netbalance
100 from Australia • Boundary Working Group – Andrew
Cole, Lendlease
• Application Level Working Group -
Practitioners Network – 50+ Amanda Nuttall, Netbalance
participants Foundation
• G4 Editing Taskforce – John
Purcell, CPA Australia, Kirsten
Simpson, NB

11. Thank you
Victoria Whitaker
Manager, Focal Point Australia
whitaker@globalreporting.org