At the launch, the head of the Value Reporting Foundation, CEO Janine Guillot said the organisation was ‘committed to the delivery of a more coherent corporate reporting system by working closely with the IFRS Foundation and other leading framework providers and standard setters around the world’.

Guillot said: ‘This is a momentous year for advancing global corporate reporting. Businesses and investors have long asked for more clarity and simplicity in reporting.

‘The Value Reporting Foundation will operate as a single global organisation and merging the three principle tools of the SASB and IIRC – integrated thinking principles, integrated reporting framework and SASB standards – will provide a more comprehensive view for investors.’

These