Principles:

317. Integrated reporting incorporates a company’s strategy, governance, financial performance and future outlook in one report. The report should also contain environmental, social and governance issues which impact on the company’s operations. The integrated report should be guided by the requirements of the Global Reporting Initiative’s International Integrated Reporting Council (IIRC) as published from time to time, and any other reputable international reporting framework.

318. The Board should –
(a) ensure that information which must be disclosed in terms of the law and this Code is disclosed in an integrated manner which gives a holistic and integrated representation of the company’s performance in terms of its finances and its sustainability;
(b) formally adopt a suitable reporting framework for use by management in integrated and sustainability reporting;
(c) be responsible for ensuring that a company has a formal process in place for publishing the integrated and sustainability report; and
(d) be responsible, through its audit committee, for reviewing the information to be published in the integrated report.

319. The integrated report should –
(a) focus on strategic information about the company;
(b) comment on financial and non-financial information;
(c) as much as possible adopt a futuristic orientation;
(d) address the needs of stakeholders both within and outside the organisation.
(e) be concise and contain reliable and material corporate information; and
(f) include sustainable development and environmental impact assessments and responses by the reporting entity.

• According to the NATIONAL CODE ON CORPORATE GOVERNANCE ZIMBABWE