Blandine Cordier-Palasse, is Vice President of the Cercle De la Compliance, Managing Partner of BCP Executive Search. She is speaking at the third Annual Conference on Integrated Reporting, organised by Capital Com :
"Integrated Reporting: How and how far to talk about the future?", held on Thursday 5 November 2015 at the Paris Chamber of Commerce and Industry. She will be taking part in the Round Table alongside :
- Viviane de Beaufort, Professor at ESSEC business school
- Marc Lefèvre, Director of Listings Europe at Euronext
- Philippe Renard, Secretary of ENGIE's Ethics, Environment and Sustainable Development Committee
- Caroline de La Marnierre, Chairman and Founder of CAPITALCOM
"The maturity of Chief Compliance Officers with regard to the report varies greatly from one company to another. Some major groups listed on the CAC 40 are still considering the nature of the integrated report. Others have already embarked on the process. The feeling that it is "just another report" is a major source of confusion. Nevertheless, they all agree that non-financial communication is set to become a differentiating factor. It therefore remains difficult for companies to grasp.
In reality, the challenges of compliance and the challenges of integrated reporting are similar. Ensuring that information is consistent and that the company's tangible and intangible assets are properly understood. Image and reputation risk - to contribute to better governance. In this way, I note that the Groups which have committed themselves to the integrated reporting approach are often the most pioneering in terms of compliance in assessing and understanding risks..
However, the organisational effort required to support this change must not be overlooked...
... In fact, producing an integrated report is likely to develop a sense of belonging and pride among the company's stakeholders. Creating an integrated report is not just a question of process, it's also a question of culture.
We are seeing a revolution in society's expectations of companies, and the integrated report can support this change by providing employees and social partners with keys to understanding the Group's strategy. In this way, they understand where the Group is heading and the choices that are expected of them".
