7th Colloquium: Connectivity

Integration / connection

Overview:

Connecting financial and sustainability reports

This colloquium focussed on the approaches taken by the various global standard setters to link financial reports with “non-financial” / sustainability reports.

Audience

This video is important for roles in every industry, including:

Directors, trustees, council and other governing body members – as report signatories;

CEOs and other top management roles – as report authorities;

Accounting, environmental, reputation, social and stakeholder professionals – as report contributors;

Audit, risk and compliance professionals – as report assurers;

and of course all involved in preparing financial and sustainability reports.

Speakers and Panelists

Speakers included:

Professor Mervyn King, Good Governance Academy Patron

Veronica Poole, Deloitte Global IFRS and corporate reporting leader

Alan Johnson, International Federation of Accountants President

Eelco van der Enden, Global Reporting Initiative Chief Executive Officer
Kris Nathanail-Brighton, IOSCO Senior Policy Advisor
Suresh Gooneratne, Director and CFO of Diesel & Motor Engineering PLC
Yasu Kawasugi, Director of Investor Relations, Konica Minolta, Inc.
Mardi McBrien, Managing Director of the IFRS Foundation
Harry Broadman, Chair ESG Exchange Governing Council
Peadar Duffy, Chair ESG Exchange Technical Committee

Outcomes

After watching this video, you will be equipped to:

Understand the changing demands of corporate reports

Describe how standard setters are approaching financial and sustainability reporting

Interpret the various approaches posed to “connect” financial and sustainability reports

Colloquium Memorandum

The memo summarizing the proceedings is available for download here.

Event Schedule

(Click on speaker image to view profile.)

Agenda

Welcome and logistics

Opening of the Colloquium

Keynote: Connecting financial and non-financial information

The role of Integrated Reporting in reviving the economy

The GRI's approach to integrated reporting and developments towards interoperability

Konica Minolta's Integrated Reporting experience

Integrated Reporting and the anatomy of the corporate

IOSCO's steps towards the adoption of the connection between financial and non-financial information

Announcing the ESG Exchange, a global convenor for sustainability reporting guidance

Facilitated panel discussion with speakers and panellists:

Colloquium Summation

+27 11 717 3300
info@goodgovernance.academy

Wits Business School, 2 St Davids Pl, St Andrew Rd, Parktown,

Johannesburg, 2193, South Africa

Prof. Mervyn King

Patron, Good Governance Academy

Mervyn King is a Senior Counsel, former Judge of the Supreme Court of South Africa, and designated Chartered Director (South Africa). He is Professor Extraordinaire at the University of South Africa, Honorary Professor at the Universities of Pretoria and Cape Town, and a Visiting Professor at Rhodes University. He has honorary Doctorates from Wits University and Stellenbosch University in South Africa, Leeds University in the UK, and Deakin University in Australia.

Mervyn is honorary fellow of the Institute of Chartered Accountants of England and Wales; the Institute of Internal Auditors of the UK; the Chartered Institute of Management Accountants; the Certified Public Accountants of Australia; the Chartered Institute of Public Relations of the UK, and the Chartered Secretaries and Administrators.

Mervyn is Chair Emeritus of the King Committee on Corporate Governance in South Africa, as well as of the Value Reporting Foundation (incorporating the International Integrated Reporting Council and SASB) and the Global Reporting Initiative (GRI). He has received Lifetime Achievement Awards for promoting quality corporate governance globally, from several institutions.

Mervyn chairs the Good Law Foundation and has chaired the United Nations Committee of Eminent persons on Governance and Oversight. He is a member of the Private Sector Advisory Group to the World Bank on Corporate Governance and of the ICC Court of Arbitration in Paris. Mervyn currently chairs the African Integrated Reporting Council and the Integrated Reporting Committee of South Africa and is Patron of the Good Governance Academy.

Mervyn has been a chair, director and chief executive of several companies listed on the London, Luxembourg and Johannesburg Stock Exchanges. He has consulted, advised and spoken on legal, business, advertising, sustainability and corporate governance issues in over 60 countries and has received many awards from international bodies around the world including the World Federation of Stock Exchanges and the International Federation of Accountants.

He is the author of many books on governance, sustainability and reporting, the latest being “The Healthy Company.”

Harry Broadman

Harry Broadman, Chair, Governing Council, The ESG Exchange, and
Faculty Member, Johns Hopkins University

Dr. Harry G. Broadman is a Partner at the Berkeley Research Group (BRG) LLC, a global consultancy, where his practice is focused on structuring cross-border operational transactions and strategies of businesses worldwide, as well as serving as an expert witness testifying in international litigation and arbitration on global commercial disputes. He chairs BRG’s Emerging Markets Practice and BRG’s National and Economic Security Practice. His clients are C-suite executives and boards of directors of multinational corporations, private equity firms, pension funds, institutional investors, and sovereign wealth funds. He is also a faculty member at Johns Hopkins University and serves as a non-executive director on four boards—all international firms—serving as Board Chair (The ESG Exchange); Audit Committee Chair (Partners Global); and Compensation Committee Chair (Strategic Ratings PLC). He is a Board Leadership Fellow at the National Association of Corporate Directors (NACD) and a Commissioned NACD Board Advisory Services Faculty Member. He also serves on the Advisory Board of the Global Business School Network.

Broadman is an expert on multinational corporate investment; ESG, sustainability and corporate governance; global supply chain management; cybersecurity; innovation and R&D; international investment treaties and trade agreements; and antitrust and economic regulation. His industry sector expertise spans international finance, private equity and banking; global infrastructure services, particularly shipping and logistics, aviation and land transport, utilities, informatics, telecoms, and construction; and renewable and conventional energy, mining, and natural resources. He has worked on the ground in 85+ emerging markets spanning 5 continents, especially in China and East Asia; India; Latin America; Eastern and Central Europe and Russia and the CIS; Northern and sub-Saharan Africa; the Middle East; Turkey and the Balkans.

Prior to his current posts, Broadman was Senior Managing Director at PricewaterhouseCoopers, where he founded and led PwC’s Global Business Growth Strategy Management Consulting Practice, and also served as PwC’s Chief Economist; Managing Director at Albright Capital Management, the international private equity firm Chaired by Madeleine Albright, where he served on the Investment Committee; a senior official at The World Bank, overseeing the bank’s largest sovereign and enterprise restructuring loans, including in China, Russia, and Central, Eastern and Southern Europe, and serving as the Economic Advisor for Africa.

Earlier he served in the White House, first as Chief of Staff of the President’s Council of Economic Advisers and then as United States Assistant Trade Representative, leading negotiations across all the services industries for the establishment of the General Agreement on Trade in Services (GATS), the WTO and NAFTA; all negotiations of U.S. Bilateral Investment Treaties; and all negotiations of all U.S. International Science and Technology Agreements. He also served as a Member of the Committee on Foreign Investment in the U.S. (CFIUS). Before coming to the White House, he was Chief Economist, of the U.S. Senate Committee on Homeland Security and Governmental Affairs. Previously, he served on the Harvard University Faculty; the RAND Corporation; The Brookings Institution; and Resources for the Future Inc.

He is a monthly Business Leadership Strategy Columnist for Forbes; a quarterly National Security Columnist for the International Financial Law Review; and a frequent columnist for the Financial Times. He has published numerous peer-reviewed articles in professional economics, finance, foreign policy and law journals. Broadman’s most recent books are Africa’s Silk Road: China and India’s New Economic Frontier; The State as Shareholder: China’s Management of Enterprise Assets; and From Disintegration to Reintegration: Russia and the Former Soviet Union in the Global Economy.

He was educated at Brown University, from which he graduated with an AB in economics magna cum laude and was elected to Phi Beta Kappa. He holds a PhD in economics from the University of Michigan.