Understanding Finance > Integrated Reporting


Integrated Reporting in HE

BUFDG has undertaken a number of different projects to introduce and develop the Integrated Reporting (IR) framework in Higher Education. At a time when Higher Education Institutions need to communicate with a wide range of stakeholders, BUFDG and many of its members feel that IR offers a structure that can help. Using the International IR Framework and looking at the six capitals – financial, manufactured, intellectual, human, social and relationship, and natural – can help university managers, academics and governors approach “the value question” in a more holistic way.

For phase one, BUFDG used an abridged framework to assessed annual reports of six universities, and published the findings alongside the developed framework. In phase two, BUFDG and four universities agreed to join the IR Network, and a Specialist Panel, convened by the International Integrated Reporting Council (IIRC), reviewed universities 15/16 annual reports and financial statements. You can download and read these reports in the links below.

In 2017 the baton was passed to Advance HE (formerly the Leadership Foundation), who undertook a project to bring together entire leadership teams (not just finance) at 10 HEIs. The project was supported by funding from the funding councils, and aimed to embed integrated thinking and IR across the whole institution. The project concluded in the Summer of 2018, and the report can be downloaded from the Advance HE website




Integrated Reporting in HE: helping universities tell their stories better



Integrated Reporting in four British Universities



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