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CAPITALS - Integrated Reporting

1 CAPITALSBACKGROUND PAPER FOR <IR>2 CAPITALS BACKGROUND PAPER FOR <IR>The Technical Task Force of the International Integrated Reporting Council (IIRC) established a Technical Collaboration Group (TCG) to prepare this Background Paper for <IR>. The TCG was coordinated by the lead organizations with input from participants from a range of disciplines and countries. This paper reflects the collective views of TCG participants, not necessarily those of their organizations or the IIRC. The IIRC considered interim findings from the TCG when preparing the Prototype Framework released in November 2012, and is further considering this paper in developing a Consultation Draft of the International Integrated Reporting (<IR>) Framework.

based on an analysis of academic research and practice to date, it is clear that reporting on the capitals is set to evolve considerably over the coming years, in part through the IIRC Pilot Programme4. This Paper aims to help that evolution, and makes no claim to be the definitive final word on the subject of capitals. 3. Overview of the capitals

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