The International Integrated Reporting Framework was released Monday, following a three-month global consultation led by the International Integrated Reporting Council and with more than 350 responses from around the world largely expressing support for the new corporate reporting model.

With the goal of using “integrated thinking” to bring greater cohesion and efficiency to the reporting process, according to the IIRC, International Integrated Reporting focuses on value creation and the “capitals” used by the business to create value over time, contributing to a more financially stable global economy and becoming a force for sustainability.

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