José Roberto Kassai

Values or hypocrisy: the global reporting initiative mapping in agricultural cooperatives in Paraná, Brazil

This article presents an analysis of the environmental reporting that was published by agricultural cooperatives in the Brazilian state of Paraná in 2013. The purpose of this analysis is to evaluate the level of conformity in data, reported by cooperatives, with the guidelines of Global Reporting Initiative issued in 2016. Our descriptive analysis, performed with qualitative research methods, revealed a selective character of disclosure as well as general discrepancy between size of the reporting organisations and quality of the information provided. This made us question the degree of cooperatives’ commitment to the principles of sustainable development and well-being of the communities they represent.

Integrated Reporting: When, Why and How Did It Happen?

Integrated Reporting (IR) may become the twenty-first century revolution in corporate reporting. Traditional corporate reporting concentrated itself in financial reporting and was developed from the first half of the 1900s when most assets were tangible, reflecting in large part the industrialization era. Nowadays we are increasingly living in the knowledge era, and most of the assets of world-class companies are intangibles, or knowledge based (patents, trademarks, software, and similar). Furthermore, capital markets are increasingly looking for firms to generate forms of value creation that go beyond strictly profits: longevity of firms is more and more dependent upon factors like attraction and retention of talent, friendly relationships with neighboring stakeholders, ability to manage and keep personnel satisfied with their jobs, in addition to the ability to raise funds and operate equipment. Information on value creation drivers are required by investors and creditors not only in terms of past performance but also as critical issues for the future sustainability of firms. That is where IR has a vital role to play.