In May, ACCA published an extremely interesting report «Insights into integrated reporting 4.0: The story so far», which analyzed the integrated reports of 48 of the world's leading companies. The author of this report is Richard Martin, Head of Corporate Reporting, ACCA, who has made a critical diagnosis of the current state of the integrated reporting system. On June 10, ACCA released Richard Martin's comments on the need to radically update the EU Directive on Non-Financial Reporting (NFRD). In particular, it was pointed out the need to create a principle-based standard for non-financial reporting,  and introducing external assurance of non-financial data.
We are glad that Richard Martin kindly agreed to explain some matters for our readers.