An analysis of integrated reporting practices of selected Indian banks

Abstract

The limitations of traditional financial reporting led to the beginning of integrated reporting which provided a holistic view of progress and performance of organisations leading to value creation. Integrated reporting is a multi- capital approach that emphasises on human capital, intellectual capital, manufactured capital, social & relationship capital, and natural capital along with financial capital. Although, not mandatory in India yet, many companies make disclosures on integrated reports with their financial and sustainability reports voluntarily. The present paper aims to study integrated reporting practices of select Indian Banks for the year 2021- 22 and to make a comparative analysis with that of FY 2020-21. The study also aims to make recommendations as to future of integrated reporting in India. Secondary data from select banks’ annual reports for the years 2020-21 and 2021-22 was collected and analysed. The findings reveal that private sector banks are more actively involved in integrated reporting practices as compared to public sector banks. Also, banks are making efforts to increase all the six capitals year-on-year basis.