Overarching frameworks and resources

These provide high-level guidance which can be helpful if you are reporting on a broad range of EER information, such as your business model, value creation, strategy, material risks and opportunities, performance and prospects. These resources generally do not suggest detailed disclosure topics or indicators.

Issued by the International Integrated Reporting Council (IIRC)

A reporting framework designed to create a more holistic picture of how a company creates value. Introduces the concept of six capitals (financial; manufactured; intellectual; human; social, cultural and relationship; and natural) whose values increase or decrease as they are transformed through the organisation’s business model. The primary purpose of an integrated report is explaining to stakeholders the focus on value creation across the six capitals, rather than value extraction.

<IR> and GRI are the most widely adopted reporting frameworks used in New Zealand for organisations to disclose non-financial information.  They co-exist rather than requiring one to be chosen over the other.



Date issued

International <IR> Framework cover

The International <IR> Framework

Dec 2013

The IIRC is a global coalition of regulators, investors, companies, standard setters, the accounting profession and NGOs. The coalition is promoting communication about value creation as the next step in the evolution of corporate reporting.


IFAC (International Federation of Accountants) and IIRC



Date issued

Materiality in IR cover

Materiality in <IR>

Nov 2015

Explains materiality and the corresponding materiality determination process, in the context of Integrated Reporting. Also outlines expectations for materiality-related disclosures and looks at how to prepare content, establish parameters for the materiality determination process, how to embed the process into management and the extent to which integrated thinking underpins materiality.

The interpretation of materiality varies across report forms due to differences in audience, purpose and scope. In Integrated Reporting, a matter is material if it could substantively affect the organisation’s ability to create value in the short, medium and long term.

The process of determining materiality is entity-specific and based on industry and other factors, as well as multi-stakeholder perspectives.

International Integrated Reporting Council (IIRC)



Date issued

IR Examples Database web page view

<IR> Examples Database


Contains examples of emerging practice in Integrated Reporting that illustrate how organisations are currently reporting concise information about how their strategy, governance, performance and prospects, in the context of their external environment, lead to the creation of value over the short, medium and long term.

Also features extracts from reports that illustrate <IR> guiding principles, content elements and fundamental concepts and shows reports that have been recognised as leading practice by a reputable awards process or through benchmarking.  IIRC staff provide the commentary.

Integrated Reporting Committee (IRC) of South Africa



Date issued

Starter Guide to IR cover

Starter Guide to <IR>

Aug 2018

A practical guide for organisations in South Africa and other countries embarking on their integrated reporting journey, first published in 2014 and since updated.

<IR> Academic Network

Brings together leading academics in this field, ensuring the IIRC is abreast of relevant academic thinking, informing its work at every stage.

Provides a space for connecting theory and practice by bridging academia to those who directly prepare and benefit from integrated reports.



Date issued

The IR Academic Database image

<IR> Academic Database

Aug 2018

In August 2018 The International Integrated Reporting Council (IIRC) launched a new <IR> Academic Database, bringing together over 200 academic studies highlighting the potential positive ramifications of adopting integrated reporting, as well as commenting on emerging best practice.

The Database includes Integrated Reporting related academic research, both published (books, chapters and articles) and unpublished (dissertations, PhD theses, and working papers).

A useful resource if you need to make a case for integrated reporting. 

Issued by the International Accounting Standards Board (IASB)

Provides a broad, non-binding framework for presenting management commentary on financial statements that have been prepared in accordance with International Financial Reporting Standards (IFRS).

Entities preparing general purpose financial reports in accordance with NZ IFRS, may elect to apply the principles contained in MCPS 1 to management commentary that relates to those financial reports.

In November 2017, the IASB commenced a project to revise and update the IFRS Practice Statement 1 Management Commentary (Practice Statement) issued in 2010.

Here the IASB will consider how broader financial reporting could complement and support financial statements based on IFRS.

It expects to publish an Exposure Draft in the first half of 2020.



Date issued

IFRS Practice Statement cover

IFRS Practice Statement 1 - Management Commentary

Dec 2010

  • The IASB is the standard-setting body of the IFRS Foundation, made up of experts from diverse professional backgrounds and geographical regions.
  • Member of the CRD.

Issued by AccountAbility

Principles-based Standards and Frameworks used by a broad spectrum of organisations – global businesses, private enterprises, governments and civil societies – to demonstrate leadership and performance in accountability, responsibility and sustainability.



Date issued

AccountAbility  Stakeholder Engagement Standard cover AccountAbility’s AA1000 Series of Standards


AccountAbility is a global consulting and standards firm that works with business, governments and multi-lateral organisations to advance responsible business practices and improve their long term performance.