VicSuper releases global best practice report

In an industry first, VicSuper has released an Annual Report which applies the two global best practice reporting and disclosure standards.

VicSuper’s 2014 Annual Performance Report applies the new GRI G4 Sustainability Reporting Guidelines and the principles of the International Integrated Reporting (IR) Framework. Applied together, these guidelines have helped frame the report to ensure we disclose how business performance, strategy and governance systems work together to create shared value for our members and our stakeholders over the short, medium and long term.

Commenting on the shift in reporting, Michael Dundon, Chief Executive Officer at VicSuper said, “While VicSuper has been reporting on financial and non-financial performance for the past decade, we believe our transition to using the Integrated Reporting principles provides a lens through which we can examine our business more objectively”.

“Integrated Reporting will allow us to provide our members and stakeholders with a more insightful, meaningful and balanced report,” explained Mr Dundon.”

VicSuper, has committed to using both the GRI and IR frameworks to report on the Fund’s performance in alignment with the reporting and disclosure commitments outlined in its Sustainability Charter.

Kirsten Simpson, VicSuper’s Corporate Sustainability Consultant, commented, “As our understanding of Integrated Reporting concepts increases, the way we measure success, performance and value generation will continue to evolve. We see our application of integrated reporting very much as a continual work in progress.”

VicSuper joined the global Pension Network for Integrated Reporting in late 2013, a network which advocates for improvements in performance disclosures across the pension fund industry.

Read the report here:

VicSuper 2014 Annual Performance Report

In an industry first, VicSuper has released an Annual Report which applies the two global best practice reporting and disclosure standards.

VicSuper’s 2014 Annual Performance Report applies the new GRI G4 Sustainability Reporting Guidelines and the principles of the International Integrated Reporting (IR) Framework. Applied together, these guidelines have helped frame the report to ensure we disclose how business performance, strategy and governance systems work together to create shared value for our members and our stakeholders over the short, medium and long term.

Commenting on the shift in reporting, Michael Dundon, Chief Executive Officer at VicSuper said, “While VicSuper has been reporting on financial and non-financial performance for the past decade, we believe our transition to using the Integrated Reporting principles provides a lens through which we can examine our business more objectively”.

“Integrated Reporting will allow us to provide our members and stakeholders with a more insightful, meaningful and balanced report,” explained Mr Dundon.”

VicSuper, has committed to using both the GRI and IR frameworks to report on the Fund’s performance in alignment with the reporting and disclosure commitments outlined in its Sustainability Charter.

Kirsten Simpson, VicSuper’s Corporate Sustainability Consultant, commented, “As our understanding of Integrated Reporting concepts increases, the way we measure success, performance and value generation will continue to evolve. We see our application of integrated reporting very much as a continual work in progress.”

VicSuper joined the global Pension Network for Integrated Reporting in late 2013, a network which advocates for improvements in performance disclosures across the pension fund industry.

Read the report here:

VicSuper 2014 Annual Performance Report