Abstract
The aim of this chapter is to provide a discussion of the business case of Enel, which is an International Integrated Reporting Council (IIRC) pilot program company currently evolving its corporate disclosure towards Integrated Reporting (IR). The relevance of pilot company business cases has been recognized by the IIRC, which defined their experience as “invaluable”. On the one hand, Enel did modify its corporate reporting system coherently with the IIRC guiding principles by including considerable non-financial information in its annual report, reducing the length of its sustainability report and improving its materiality determination process and business model analysis. On the other hand, it will be interesting to see how the company applies other aspects of the IIRC framework, such as the six-capital structure and the way in which reporting boundaries are defined. The analysis done in this chapter may be of interest to companies, standard setters and scholars wishing to enhance their knowledge on how companies are currently evolving their corporate disclosure systems towards IR.
The authors wish to thank Marina Migliorato, Csr manager of Enel S.p.a. for her valuable contribution.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Berthelot S, Cormier D, Magnam M (2003) Environmental disclosure research: review and synthesis. J Account Lit 22:1–44
Brammer S, Pavelin S (2004) Voluntary social disclosures by large UK companies. Bus Ethics A Eur Rev 13(2/3):86–99
Enel (2013) Sustainability report. http://www.enel.com/en-GB/doc/report_2012/enel_sustainability_report_2012.pdf. Accessed 22 Jul 2013
Enel (2013b) Annual report. http://www.enel.com/en-GB/doc/report_2012/annual_report_enel_2012.pdf. Accessed 22 Jul 2013
Haigh M, Hazelton J (2004) Financial markets: a tool for social responsibility? J Bus Eth 52
Healy P, Palepu K (2001) Information asymmetry, corporate disclosure, and the capital markets: a review of the empirical disclosure literature. J Account Econ 31(1/3):405–440
IIRC (2013) Consultation draft of the international <IR= framework. IIRC, New York. http://www.theiirc.org/consultationdraft2013. Accessed 22 Jul 2013
IIRC (2013b) Pilot Program (2012), Yearbook. IIRC, New York. http://www.theiirc.org/wp-content/uploads/Yearbook_2012/sources/indexPop.htm. Accessed 22 Jul 2013
IIRC (2013c) Business model—background paper for <IR=. IIRC, New York. http://www.theiirc.org/wp-content/uploads/2013/03/Business_Model.pdf. Accessed 22 Jul 2013
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2013 Springer International Publishing Switzerland
About this chapter
Cite this chapter
Mio, C., Fasan, M. (2013). The Case of Enel. In: Busco, C., Frigo, M., Riccaboni, A., Quattrone, P. (eds) Integrated Reporting. Springer, Cham. https://doi.org/10.1007/978-3-319-02168-3_14
Download citation
DOI: https://doi.org/10.1007/978-3-319-02168-3_14
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-02167-6
Online ISBN: 978-3-319-02168-3
eBook Packages: Business and EconomicsBusiness and Management (R0)