FAQ
Does Holistic Reporting embrace ‘Integrated Reporting’ ?
Yes. Integrated reporting refers to the integration of both financial and non-financial data on a single or ‘One’ report. You can’t claim to be reporting holistically if you don’t report both financial and non-financial data in the same reporting context.
Does Holistic Reporting embrace ‘Connected Reporting’ ?
Yes. Connected reporting is about evidencing the connection between financial and other kinds of corporate reporting such as sustainability reporting. You can’t claim to be reporting holistically if your financial performance is disconnected from other kinds of organizational performance or behaviour.
Does Holistic Reporting embrace the Global Reporting Initiative (GRI) Indicators ?
Yes. The GRI indicator sets are an important, global standard for reporting all kinds of corporate sustainability and corporate responsibility data. Holistic reporting will almost certainly refer to some or all of the GRI indicators for your specific industry sector and/or national jurisdiction.
Does Holistic Reporting embrace XBRL?
Yes. Extensible Business Reporting Language (XBRL) is an important data standard to assist with an essential tenet of transparency – namely the ability to compare and contrast data reliably across organizations. XBRL taxonomies are already in use worldwide and cover a wide range of industries and applications.
Isn’t this just another fad?
No. In the age of transparency, holistic reporting will become the normal way that organizations communicate with their stakeholders. And holistic reporting is not just about rows and columns and paper and PDFs. Holistic reporting depends on communicating organizational information by leveraging many different contexts and channels and many different formats and devices.
