• A link is missing between current reporting, business strategy and risk, and we do not believe that sufficient information is provided to assess financial health
• Current non-financial reporting is not sufficiently relevant, and non-financial information should be better integrated with financial information
• Qualitative policy statements are important to assess financial materiality, but quantitative key performance indicators (KPIs) are viewed as essential
• Accountability mechanisms should be part of non-financial reporting, either through new board oversight mechanisms, third-party assurance and/or shareholder approval at annual general meetings