The world’s business reporting network, is a private/public sector collaboration aimed at improving capital allocation through better corporate reporting information to improve capital allocation decisions both within companies and between investors and companies.To achieve this vision we have three major goals:
- To develop a voluntary global framework for measuring and reporting corporate performance to shareholders and other stakeholders. Throughout the world, different terms such as opportunities, risks, strategies, plans, intellectual assets/capital, intangibles or value drivers are often used to describe some of the concepts within corporate performance.
- To develop guidelines for measuring and reporting on industry-specific key performance indicators.
- To facilitate the development of XBRL taxonomies for this content.
EFFAS is a founding member and its represented at WICI Europe by Dr. Stefano Zambon.