Integrated reporting: 5 lessons from AEP

16 Nov 2017 9:43 AM | Anonymous



This week, the <IR> US Community kicked off its Integrated Reporting spotlight series with a tour of American Electric Power’s (AEP) Accountability Report and candid conversation with Sandy Nessing, Managing Director, Corporate Sustainability, AEP.  Attendees included US-based sustainability reporters who have already embarked on integrated reporting or are transitioning from traditional corporate responsibility reporting, investors, accountants, consultants and key professional associations. The goal of the series is to bring experienced and novice reporters together to share best practices and cultivate a safe space for addressing the barriers—internal and external—to integrated reporting in the US.

The program kicked off with a virtual tour of the AEP Accountability report, available in this video:


AEP has nearly a decade of integrated reporting experience, and Nessing asserted that the company’s report is always evolving and she looks to other reporting leaders to learn about new approaches. But integrated reporting has clearly caught on at AEP, where one executive referred to its Accountability Report as the “AEP bible”.

The virtual tour was followed by an open discussion with attendees. Successful reporting is often the result of dedicated managers pushing internally for deeper and more thorough disclosure – and that’s true for AEP, too. But Nessing shared several insights from her experience with integrated reporting that can apply to companies in any industry and at different stages of the IR journey.

  1. Make data points work for you. Stakeholders expect to see some data behind your performance year over year, but companies shouldn’t be afraid to continue to improve and adapt them. Nessing said measures around carbon emissions, for instance, may stay the same, but metrics related to continuous improvement in employee decision-making, and diversity and inclusion have changed over the years.
  2. Use transparency to your advantage. The shift in the energy industry away from fossil fuels has bottom line impacts – both positive and negative. AEP’s sustainability team turned increased interest from investors on environment-related strategy into an opportunity to push integrated reported with senior leadership and the board of directors.  
  3. Put the IR in <IR>. Nessing encouraged reporters to begin their integrated reporting journey at the Investor Relations (IR) department. AEP’s sustainability and IR teams work side-by-side developing the annual Accountability Report and in ongoing conversations with investors. For integrated reporting to have an impact, both teams need to be well versed in how to speak to investors about the financial impacts of environmental and social performance.
  4. Quantify impact with investors. Sustainability reporters often know they have a financial impact on the company but struggle with delivering the proof points. Nessing said she calculated the ownership of investors she was in conversations with to show how her team’s work contributed to hundreds of millions in share value.
  5. Go where the analysts go. Analysts and investors will continue to get data about companies from multiple sources – no matter how good your integrated report is. Nessing recommends talking to your investors and finding out where they get their data so you’re best prepared for conversations with them.

Next month, the <IR> Spotlight will feature Prudential Financial on Wednesday, December 13 at 2 pm EST to explore the opportunities and challenges of integrated reporting in the financial services industry.


Post authored by Rachel Riccardella of Kite Global Advisors, a thought leadership advisory firm helping clients shape the debate on the issues that matter most to them.


Comments

  • 8 Aug 2019 5:05 AM | Zachary Challis
    A reporting of the integration is done for the movement of the slots for the people. It is mentioned for the use of the https://www.resumeshelpservice.com/livecareer-com-review/ for all widely informed items for the humans. It is approached for the goodness for the passages for the people of the field town for the humans.
    Link  •  Reply
  • 5 Sep 2019 9:15 AM | coach outlet online
    The nearest coach store to us is the farthest distance. When we are most humble, we are closest to greatness.http://www.coachoutletstoreofficial.us.com/ coach outlet
    https://www.nikeairmax.us.com/ nike air max
    http://www.raybanssunglasses.us.com/
    Link  •  Reply
  • 19 Sep 2019 12:17 AM | Normanlon
    Expert cleansing today is greater than simply cleaning: modern tools, resources as well as strategies of job transform it in to a genuine high-tech process that substantially changes the typical understanding of what it indicates to actually "clean".

    In home cleaning company - excellent
    <a href=https://maidsmanhattan.club/maids-downtown/>Maids Downtown</a>
    - it's quick and easy, practical and economical with our company.
    Count on the tidiness innovators to residence cleansing Brooklyn! Our experts utilize qualified soaps and also specialized equipment of worldwide producers in our job as well as perform an exceptional task along with cleaning of any intricacy.

    <a href=https://maidsmanhattan.club/><size>8]Housekeeping rates ny</size></a>

    Teamwork along with the provider is actually the guarantor of an exquisite, lucrative as well as reliable cleaning of professional house cleaning and also neighboring locations. Presently, house cleaning services coming from our provider are used in New Jersey. Enjoy and also you the true benefits as well as useful perks of our organisation proposition.

    By signing a long-lasting service agreement along with our team, you will be able to desert the need to sustain a large staff of technical workers, which, in turn, will certainly maximize expenses. The price of the facility, daily, general house cleaning of Staten Island, done through our employees, will constantly be actually less than the price of earnings for cleansers, the investment of cleansing items and also devices.

    <size>6]Elite cleaning services ny</size>

    Leave a demand on the web site, indicate your title or provider name, contact phone number as well as day of planned cleaning, leave your desires and criteria in a message to the manager if necessary, at that point our specialist will definitely contact you in the least opportunity and also define the time, opportunity and workplace!
    Link  •  Reply
  • 8 Oct 2019 4:28 AM | KRgraft
    Our employees firms create branded design solutions, and of course for all this we pay close attention to standards safety and functionality. We are working with customer on of all stages do detailed analysis location apartments ,produce advance counts . In case the of you have appeared you can ask our specialists and get detailed answers with detailed illustration and explanation .
    Farmhouse kitchen renovation it is expensive pleasure, when, if a it do on their own
    In the specialized company Limited liability Partnership SDIEN Bronxdale involved competent specialists, exactly they all understand about Small square kitchen remodel.
    The Holding ready to provide high-quality I kitchens and renovations by affordable costs. Professionals with great practical experience work help completely rebuild in a few days or affordable price repair . The price depends on cost of finishing materials .

    Each dwelling apartments, houses, cottages or other housing East Tremont unique and has its own multifunction load. All this especially is related to modern kitchens.

    Kitchen remodel knock out wall The Meatpacking District - <a href=https://kitchen-renovation.club>kitchen renovation manhattan</a>
    Link  •  Reply
  • 16 Oct 2019 7:41 PM | Normanlon
    Professional cleansing today is actually more than only cleansing: modern-day equipment, tools as well as methods of work transform it into an actual sophisticated method that substantially changes the typical understanding of what it suggests to truly "tidy".

    In house cleaning services - perfect
    <a href=https://maidsmanhattan.club/housemaid/>Housemaid NYC</a>
    - it's simple, practical and also inexpensive with our company.
    Trust the cleanliness leaders to home cleaning Brooklyn! We use qualified detergents as well as specialized equipment of worldwide suppliers in our work and perform an outstanding project with cleansing of any kind of difficulty.

    <a href=https://maidsmanhattan.club/><size>8]Cleaning in ny</size></a>

    Participation with the firm is the backer of an exquisite, lucrative as well as dependable cleaning of expert property cleaning and also surrounding regions. Currently, home cleaning services coming from our business are actually made use of in New Jersey. Value and you the actual benefits and sensible advantages of our service proposal.

    Through authorizing a long-lasting company deal along with our team, you are going to have the ability to abandon the necessity to keep a large staff of technological staff, which, consequently, will certainly enhance expenses. The price of the complex, daily, general home cleaning of Staten Isle, carried out through our staff members, are going to consistently be actually lower than the cost of incomes for cleaning services, the purchase of cleaning products and equipment.

    <size>6]Find a cleaner manhattan</size>

    Leave a request on the site, indicate your title or even business label, connect with contact number and day of intended cleansing, leave your desires as well as criteria in a notification to the manager if important, after that our specialist will certainly call you in the least time and specify the date, opportunity and place of work!
    Link  •  Reply
  • 19 Oct 2019 7:04 AM | Tom
    Thank you for this post. It's beneficial to visit https://talktowendys.onl and follow.
    Link  •  Reply
Powered by Wild Apricot Membership Software