In this FIBS Practice training you will
- Get an inspiring introduction to how your organization could develop with a more integrated thinking and management
- Learn how to build a first-cut value creation model
- Hear from an organisation that is actively applying the <IR> framework
- Share and learn by others’ successes and failures
- Save time (and money) by learning about implementing integrated thinking, management and reporting in a more efficient way
People, relations, nature, technology, and other non-financial aspects have a fundamental impact on business performance. In this training series we will explore how decision making and reporting can be improved through integrated thinking and management, and through a more integrated reporting.
Integrated thinking is a multi-capital management approach that enables organizations to deliver their purpose to the benefit of their key stakeholders overtime, and hereby ensuring and sustaining business success. It is about creating and preserving value and enabling better decision-making based on interconnected, multi-capital information. At the core of this is the Integrated Value Creation model.
In order to bridge the gap between financial and non-financial capital, the International Federation of Accountants (IFAC), the Global Reporting Initiative (GRI) and others formed the International Integrated Reporting Council and developed the Integrated Reporting framework <IR>. The framework helps companies and other organisation taking all types of capital into account, not only financial (e.g. natural, human and manufactured capital).
Integrated reporting is a process founded on integrated thinking that results in a periodic integrated report by an organization about value creation over time and related communications regarding aspects of value creation.
Join this highly interactive and inspiring training facilitated by FIBS Partner Enact, <IR> certified partner, to implement integrated thinking in a more efficient way through lessons learned from others and reduced cost for external consultations.
Program
10.00 Welcome and introduction, FIBS & Enact
Introduction to the Integrated Reporting <IR> framework
Quick overview of the main components of the framework and a typical timeline for an organisation starting to apply the framework
Sharing positions
Exchange between participants on where they are, where they want to go and their drivers and blockers. Voluntary mapping of positions on a shared map.
Integrated thinking and management in a nutshell
Introduction to some of the key aspects of integrated thinking
12.00 Lunch
From business model to value creation model
Interactive exercise in which we will build strawman value creation models.
Integrated thinking in practice
A few pointers in terms of how to introduce integrated thinking and how to apply it over time.
Learning from others: Integrated thinking
Online session with an organisation that is actively applying the <IR> framework. Presentation and Q&A with the presenting organisation and Enact.
A closer look at the capitals: Human capital
A brief introduction to human capital, some examples of how other organisations are working with it and quick interaction on what it means to the participating organisations.
Closing
16.00 The event ends
Speakers
Mattias Iweborg is the founder and managing director of Enact. He has worked as an international advisor within the field of responsible business, human rights and sustainability for the past 17 years. He has supported a large range of clients with strategy development and implementation, linking the core business of the organization to sustainability, building the internal capacity to implement strategies, risk management, supply chain management, brand development, reputation management and all aspects of non-financial reporting.
Reetta Loponen is an experienced Senior Advisor and Head of Enact in Finland. She has 15 years of experience in the field of Corporate Responsibility in Scandinavia. Reetta has extensive experience of working with f. ex. stakeholder engagement, sustainability strategy, training and capacity building, developing CR processes and sustainability communication with multinationals and SMEs from various industries. Reetta also has extensive experience working with management teams of many multinational and Nordic companies, international organisations and NGOs.
Catalina Hemmink is a Sustainability Reporting Specialist at ABN AMRO, a Dutch commercial bank. Catalina co-leads ABN AMRO’s internal Integrated Thinking Community where the bank’s value creating topics are monitored.
For whom
- Strategic decision makers in the company, involved in agenda setting and business planning as well as in decisions regarding the company’s financial and non-financial reporting
- Operational decision makers directly engaged in the implementation of a more integrated business thinking and management, and a more integrated reporting of financials and non-financials
- Sustainability managers and specialists or alike, who work with corporate sustainability reporting
- FIBS Pro members
- Limited number of seats, maximum of 2 persons per company
Practicalities
- Participants work together in a defined one-year journey towards integrated thinking and integrated management, as outlined in the Integrated Reporting <IR> framework. The workshops take place three times in 2021
- In order to make the most out of this training series, we recommend you attend all three training sessions. Please note that you need to register for each training session separately:
- 15.4. Integrated thinking – How does it work?
- 8.9. Integrated management – From models to action
- 15.12. Integrated reporting – Good and bad approaches
Participation fees
The event is included in FIBS Pro membership fee.
Further information
Miira Kokkonen, 044 367 3632, fibs(at)fibsry.fi
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