May 11, 2011 by Mary Adams · Comments Off
I think it’s interesting that there were 259 respondents to the public consultation. That shows that there are a lot of people out there thinking about the many facets of non-financial reporting.
But I share both Anne Marie and Abhijit’s concerns that there is no mention of IC. In fact, the report actually makes an explicit definition on page 2 of non-financial reporting as CSR (Corporate Social Responsibility). While CSR is an important external focus for companies, there also needs to be an internal view of sustainability around knowledge intangibles–the human, relationship, strategic and structural knowledge that together drive corporate success. Read more