DGAP-News: BWise and Harvard Business School Professors Announce World Class Leadership Training Program on New Integrated Reporting Framework
(firmenpresse) - The NASDAQ OMX Group, Inc.
15.04.2013 16:52
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NEW YORK, HERTOGENBOSCH, Netherlands and BOSTON, 2013-04-15 16:51 CEST (GLOBE
NEWSWIRE) --
BWise, a NASDAQ OMX company, and Harvard Business School Professors Robert G.
Eccles and George Serafeim announce today a world class online leadership
program to help companies utilize the new International Integrated Reporting
desired state. The International Integrated Reporting Council (IIRC) will
publish this new Consultation Draft framework for integrated reporting on April
16, 2013.The US launch of the IIRC Consultation Draft will be held at NASDAQ
OMX's MarketSite.
This new corporate reporting framework reflects the wide range of factors that
affect corporate performance including both financial and non-financial (e.g.,
environmental, social, and governance) results and the assets required to
produce them (e.g., financial, natural, human, and social). To help companies
voluntarily utilize and benefit from this new corporate reporting framework,
Harvard Business School Professors Robert Eccles and George Serafeim, the
world's leading academic experts on integrated reporting, together with BWise,
have organized an online training program for corporate executives that want to
be at the forefront of Integrated Reporting. Eccles is a member of the IIRC and
Chairman of the Sustainability Accounting Standards Board (SASB) where Serafeim
is a member of the Standards Council.
Integrated Reporting enables an organization to communicate in a clear and
articulate way how it is drawing on all the resources and relationships it
utilizes to create and preserve value in the short-, medium-, and long-term and
thereby helping investors to manage risks and allocate resources most
efficiently. The first online training course will start in September 2013 and
is now open for registration.
The program has been designed by Harvard Business School Professors Robert
Eccles and George Serafeim and they also act as the lead faculty for the
program. Both professors are well known and respected names in academia and
industry, and have conducted significant research on corporate reporting and
sustainability that has been published in the top academic and practitioner
journals, such as Harvard Business Review and Sloan Management Review. They
have also written several books on this subject, including One Report:
Integrated Reporting for a Sustainable Strategy, the first book on integrated
reporting and that contributed to the formation of the IIRC. The program also
has several well-known and respected quest speakers from leading companies
practicing integrated reporting, investors, the IIRC, SASB, the Global
Reporting Initiative (GRI), and a variety of subject matter experts from
different professions to give executives participating in the program a good
overall understanding of the benefits of integrated reporting.
Professor Robert Eccles: 'George and I are delighted to have this opportunity
to work with the BWise Academy and NASDAQ OMX to create this online training
program. Integrated reporting is clearly the future of corporate reporting.
Executives all over the world are interested in learning more about it and how
to implement it in their organization. We have developed a very practical
course to help them do so. Each module has an application exercise with the
sixth one being an outline for an actual integrated report the company can
build on to publish if it chooses to do so.'
Professor George Serafeim: 'The research Bob and I are doing is focused on
helping companies develop sustainable long-term strategies and investors to
earn superior long-term returns. Integrated reporting is an important new and
leading business practice that contributes to both of these objectives.'
NASDAQ OMX has affirmed its commitment to sustainable business practices, and
the delivery of integrated reporting education is an important part of that
commitment.
Lars Ottersgard, Senior Vice President NASDAQ OMX: 'At NASDAQ OMX we have
always been a believer that a commitment to sustainability is good for a
company's financial performance and that the best way to communicate on both is
through integrated reporting. As part of our commitment to sustainability and
integrated reporting, NASDAQ OMX is one of the co-authors and signatories of
the Sustainable Stock Exchange Initiative. As an organization ourselves, we are
also participating in the IIRC Pilot Programme. Thus we are advocating for our
listed companies and any others who want to participate in this training
program what we are already doing for ourselves.'
Robert Pijselman, CEO of BWise: 'Together with Harvard Business School
Professors Eccles and Serafeim and the BWise Academy, we have organized a
unique world class leadership training program in terms of the lecturers and
quests speakers in order to enable corporate executives to not only understand
and utilize the
understanding of the benefits of the integrated reporting approach and the
added value it can bring to a company.' BWise helps companies worldwide to
track measure and manage key organizational risks, including the risk of
non-compliance, by offering best-of-industry Governance, Risk, and Compliance
software and services.
More information: www.bwise.com/integrated-reporting.
About BWise
BWise, a NASDAQ OMX company, is the global leader in Enterprise Governance,
Risk Management, and Compliance (GRC) software. Based on a strong heritage in
business process management, the BWise(r) GRC platform provides companies with
highly-rated, proven software solutions for Risk Management, Internal Control,
Internal Audit, Compliance&Policy Management, IT GRC, and Sustainability
Performance Management.
BWise's end-to-end solutions support an organization's ability to understand,
track, measure, and manage key organizational risks. BWise helps companies
truly be in control by balancing performance with their financial and
reputational risks, improving corporate accountability, increasing financial,
strategic, and operating efficiencies. Using BWise, organizations are able to
efficiently comply with anti-corruption regulations like FCPA and the UK
Bribery Act, the Sarbanes-Oxley Act, European Corporate Governance Codes,
ISAE3402/SAS-70, PCI-DSS, Solvency II, Basel II and III, Dodd-Frank,
ISO-standards, and many more.
BWise sales, service, and support offices around the globe provide for the GRC
needs of hundreds of clients, including: adidas, AEGON, Ahold, AngloGold
Ashanti, Connexxion, Health Alliance Plan (HAP) of Michigan, LeapFrog,
Liebherr, Marathon Oil, Southern Company, Swiss Life, and Transcontinental. For
more information, visit www.bwise.com.
About NASDAQ OMX:
The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels
economies and provides transformative technologies for the entire lifecycle of
a trade - from risk management to trade to surveillance to clearing. In the
U.S. and Europe, we own and operate 26 markets, 3 clearinghouses and 5 central
securities depositories supporting equities, options, fixed income,
derivatives, commodities, futures and structured products. Able to process more
than 1 million messages per second at sub-40 microsecond speeds with 99.99%
uptime, our technology drives more than 70 marketplaces in 50 developed and
emerging countries into the future, powering 1 in 10 of the world's securities
transactions. Our award-winning data products and worldwide indexes are the
benchmarks in the financial industry. Home to approximately 3,400 listed
companies worth $6 trillion in market cap whose innovations shape our world, we
give the ideas of tomorrow access to capital today. Welcome to where the world
takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. To learn
more, visit www.nasdaqomx.com. Follow us on Facebook
(http://www.facebook.com/NASDAQ) and Twitter
(http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)
NDAQG
CONTACT: BWise Contact
BWise, a NASDAQ OMX company
Clarinda Dobbelaar
VP Marketing
+3173 646 4915
Clarinda.dobbelaar(at)bwise.com
www.bwise.com
NASDAQ OMX Contact:
Ryan Wells
Director, Corporate Communications
(212) 231-5541 (office)
(646) 581-4286 (mobile)
Ryan.Wells(at)NASDAQOMX.com
www.nasdaqomx.com
News Source: NASDAQ OMX
15.04.2013 Dissemination of a Corporate News, transmitted by DGAP -
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Company: The NASDAQ OMX Group, Inc.
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Datum: 15.04.2013 - 16:52 Uhr
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