In the past, activities of business were motivated exclusively by the desire to maximize their financial returns and the aim of corporate reports was to provide information about the cash flow, financial position and financial performance of an entity. However, over the past decade, increased awareness of developing accounting-style metrics for nonfinancial business influences has led companies from being profit-driven to taking the triple bottom line approach of incorporating economic, environmental and social values into corporate measures of success. Sustainable enterprises should have honest and full accounting of the impact of its actions and start with a vision that goes beyond producing profits for investors to creating social, economic and cultural value for a wider community of stakeholders. The Global Reporting Initiative (GRI) has published guidelines for sustainability reporting (entitled 'Sustainability Reporting Guidelines') and is seen as the leading standard for voluntary corporate reporting of environmental and social performance by companies and other organizations worldwide. The Sustainability Reporting Guidelines includes Reporting Principles, Standard Disclosures and an Implementation Manual for the preparation of sustainability reports. Given the significance of the financial-services industry in South Africa, this dissertation reflects on the quality of integrated reporting of the financial-services industry by determining the extent to which sustainability reports of financial companies adhere to the GRI Guidelines and the Sector Supplements for Financial Services. An applied, quantitative and descriptive methodology was used to answer the research questions. Using a sample of 10 of the financial-services companies included in the JSE Top 40 companies, the results show that these companies use the GRI Guidelines in producing their sustainability report and that adherence improves annually. Some companies, however, do not apply the Sector Supplements which were designed to include industry-specific influences. / MCom (Management Accountancy), North-West University, Potchefstroom Campus, 2015

In the past, activities of business were motivated exclusively by the desire to maximize their financial returns and the aim of corporate reports was to provide information about the cash flow, financial position and financial performance of an entity. However, over the past decade, increased awareness of developing accounting-style metrics for nonfinancial business influences has led companies from being profit-driven to taking the triple bottom line approach of incorporating economic, environmental and social values into corporate measures of success. Sustainable enterprises should have honest and full accounting of the impact of its actions and start with a vision that goes beyond producing profits for investors to creating social, economic and cultural value for a wider community of stakeholders. The Global Reporting Initiative (GRI) has published guidelines for sustainability reporting (entitled 'Sustainability Reporting Guidelines') and is seen as the leading standard for voluntary corporate reporting of environmental and social performance by companies and other organizations worldwide. The Sustainability Reporting Guidelines includes Reporting Principles, Standard Disclosures and an Implementation Manual for the preparation of sustainability reports. Given the significance of the financial-services industry in South Africa, this dissertation reflects on the quality of integrated reporting of the financial-services industry by determining the extent to which sustainability reports of financial companies adhere to the GRI Guidelines and the Sector Supplements for Financial Services. An applied, quantitative and descriptive methodology was used to answer the research questions. Using a sample of 10 of the financial-services companies included in the JSE Top 40 companies, the results show that these companies use the GRI Guidelines in producing their sustainability report and that adherence improves annually. Some companies, however, do not apply the Sector Supplements which were designed to include industry-specific influences. / MCom (Management Accountancy), North-West University, Potchefstroom Campus, 2015

In this day and age sustainability is gaining increasing importance seeing as this is of utmost importance to stakeholders. Yet, very few people are aware of the true meaning of sustainability. Stakeholders, also being the users of the annual report, need to be aware of the impact a company has on the environment and the society as well as their financial performance in order, among others, to make informed decisions regarding investments. For all financial years ending on or after 1 March 2010, all companies listed on the JSE have to report on sustainability (this is a JSE listing requirement). Yet, no statutory requirement for adherence to reporting standards relating to sustainability exists. This creates the risk that sustainability reports will omit negative impacts or be otherwise misleading, yet the company is still seen as adhering to listing and thus statutory requirements. The Global Reporting Initiative (GRI) developed their Sustainability Reporting Framework in order to serve as a benchmark for measuring sustainability. This Framework includes the Sustainability Reporting Guidelines (including basic principles and standard disclosures that need to be included in the report), Sector Supplements (including sector specific issues) as well as the Technical Protocol (which guides the entity in defining the content of the report). This is currently the only formal guideline available and is widely used around the world. Given the importance of the mining industry in South Africa, this article considers the quality of integrated reporting of the South African mining industry. This is done by undertaking a quantitative, applied, descriptive methodology in order to answer the research questions. Thus compliance with the globally accepted GRI Sustainability Framework has been evaluated and analysed. Using a sample of 13 of the mining companies included in the JSE Top 40 companies, the results show that these companies use the GRI G3.1 Guidelines in producing their sustainability report and that adherence improves annually. Some companies, however, do not apply the Sector Supplements which was designed to include industry-specific impacts. / Thesis (MCom (Management Accountancy))--North-West University, Potchefstroom Campus, 2013

In this day and age sustainability is gaining increasing importance seeing as this is of utmost importance to stakeholders. Yet, very few people are aware of the true meaning of sustainability. Stakeholders, also being the users of the annual report, need to be aware of the impact a company has on the environment and the society as well as their financial performance in order, among others, to make informed decisions regarding investments. For all financial years ending on or after 1 March 2010, all companies listed on the JSE have to report on sustainability (this is a JSE listing requirement). Yet, no statutory requirement for adherence to reporting standards relating to sustainability exists. This creates the risk that sustainability reports will omit negative impacts or be otherwise misleading, yet the company is still seen as adhering to listing and thus statutory requirements. The Global Reporting Initiative (GRI) developed their Sustainability Reporting Framework in order to serve as a benchmark for measuring sustainability. This Framework includes the Sustainability Reporting Guidelines (including basic principles and standard disclosures that need to be included in the report), Sector Supplements (including sector specific issues) as well as the Technical Protocol (which guides the entity in defining the content of the report). This is currently the only formal guideline available and is widely used around the world. Given the importance of the mining industry in South Africa, this article considers the quality of integrated reporting of the South African mining industry. This is done by undertaking a quantitative, applied, descriptive methodology in order to answer the research questions. Thus compliance with the globally accepted GRI Sustainability Framework has been evaluated and analysed. Using a sample of 13 of the mining companies included in the JSE Top 40 companies, the results show that these companies use the GRI G3.1 Guidelines in producing their sustainability report and that adherence improves annually. Some companies, however, do not apply the Sector Supplements which was designed to include industry-specific impacts. / Thesis (MCom (Management Accountancy))--North-West University, Potchefstroom Campus, 2013