Narrative reporting

In recent years though, there has been increasing expectation from other stakeholders, and from shareholders on their behalf, that these largely financial areas will be augmented by an escalating amount of information on corporate purpose, governance, and the environmental and social impacts of business, particularly including Section 172, SECR and TCFD reporting.  This demand has led to far greater attention on these areas and a plethora of standards, frameworks and guidance and, increasingly, mandatory regulation.

Many of the regulations cover unquoted and private as well as listed companies, casting demands for transparency and effective communication far more widely. We strongly believe this should not be just a compliance exercise.  These factors are already driving quoted investments and will increasingly make themselves felt, through pressure on banks and insurers, on the financing of unquoted companies.  They also drive your employees and customers.

How we can support you

We can guide you through the challenges and complexities of the requirements to help you deliver key messages and meet your reporting obligations.

This can include advising you on:

• Scope of the new, or existing, rules or guidance as applicable within your group;
• Purpose, business model and strategy description, and tying this to the effects on your key stakeholders; 
• Section 172 reporting;
• Structure of the strategic report, including identifying key non-financial inputs, selecting and designing key performance indicators (“KPIs”) and, where quoted, the acceptability of APMs to investors; 
• Integrated reporting; 
• Non-financial information statements and other non-financial information; 
• Corporate governance reporting in public, AIM-listed and private companies; 
• Streamlined energy and carbon reporting; and
• The approach to TCFD reporting.

We can also help you consider what reporting mechanisms and controls will be required for producing the information required and to link it effectively to corporate reporting.

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