value

Monetising the non-financial

This article was first published on Market Mogul Who realised that non-financial performance could excite such passion? But this article posted in May, drew the biggest response to anything I have written online. And largely about one topic; monetisation of the non-financial. It is the idea that converting non-financial factors and inputting to financial analysisContinue reading “Monetising the non-financial”

Value and a new disclosure paradigm

I was rapporteur for the session on ESG disclosure at the European Commission’s 2010 Multistakeholder Forum on CSR. The Forum was a watershed. It saw the agenda move on from the entrenched debate between mandatory and voluntary corporate Environmental, Social and Governance (ESG) disclosure. The debate was now framed in terms of – my shorthandContinue reading “Value and a new disclosure paradigm”

IIRC’s 6 Capitals model and common ancestry

It was in a discussion with Paul Druckman, CEO of the International Integrated Reporting Council (IIRC), last week that I experienced something of an epiphany. I now finally understood the IIRC’s 6 Capitals model and, as a result, realised I had probably written the first integrated report aligned with the capitals concept……..in 2006. The 6Continue reading “IIRC’s 6 Capitals model and common ancestry”

Climate change disclosure is part of the fundamental short-termism problem

The following is an extract, to which I contributed, from the Network for Sustainable Financial Markets’ submission to the public consultation on the Task Force on Climate-Related Financial Disclosures (TCFD) recommendations. The full response can be found here. Dominance of short-term thinking in the financial system and society has created a dysfunctional “tragedy of theContinue reading “Climate change disclosure is part of the fundamental short-termism problem”

The evolution of reporting

This blog is a much expanded version of my speaking notes used in a presentation to the COMMUNICATE MAGAZINE CONFERENCE on 30 September 2015 I was rapporteur for the session on ESG disclosure at the European Commission’s 2010 Multistakeholder Forum on CSR. That conference was a watershed. It saw the reporting agenda move on from theContinue reading “The evolution of reporting”

What are the parameters of non-financial performance?

This article first appeared on Market Mogul on April 1. I am currently working on a response to the European Commission’s consultation on ‘Non-binding guidelines for reporting of non-financial information by companies’. The regulation is in place and now the Commission seeks guidance for enabling compliance by the estimated 6,000 listed companies across theContinue reading “What are the parameters of non-financial performance?”

When the numbers don’t add up

First published on Market Mogul – December 10 Without mathematics, there’s nothing you can do. Everything around you is mathematics. Everything around you is numbers. Shakuntala Devi (1929-2013) The worlds of business, finance, investment and accounting are governed by numbers. Business and investment cases, investment models and algorithms, accounting standards and conventions, they’re all aboutContinue reading “When the numbers don’t add up”