© 2023 IJRAR March 2023, Volume 10, Issue 1 www.ijrar.org (E-ISSN 2348-1269, P- ISSN 2349-5138)
IJRAR23A2381 International Journal of Research and Analytical Reviews (IJRAR) www.ijrar.org 313
Integrated Reporting: An Analysis Of Indian
Power Sector
Souris Bhattacharya
Assistant Professor
Subhas Bose Institute of Hotel Management
Abstract: Integrated reporting is a contemporary business reporting paradigm and it emphasizes on “value
creation” with the adoption of a multi capital approach. The main objective of this reporting practice is to
provide a balanced format of corporate reporting by incorporating both the financial and non- financial
aspects of the business and drawing a holistic picture of the strategy, environment, governance, externalities,
performances and opportunities. Integrated reporting system is basically adopted by the business
organizations for communicating information on governance, strategy and performance for the enhancement
of “sustainable value” in the long run. Since any business entity is an integral part of the society, therefore it
should respond to the needs of the stakeholders. It needs to change the procedure of communicating
information since the requirements of stakeholders are of dynamic nature. Stakeholders are interested to
know about the environmental and social aspects of the business along with the financial aspects. The
integrated reporting practice has been grandly accepted by the business organizations since it is based on an
international framework formulated by the International Integrated Reporting Council (IIRC). The
objectives of this research paper are to analyze the integrated reporting practice adopted by the selected
companies in the Indian power generation sector along with presenting the present status of the sustainability
reporting practices in India. Integrated Reporting Index is constructed for the examination of the selected
companies supported by document analysis for the period covering 2015 to 2021. As per the analysis, the
level of integration for Reliance Power Limited, CESC Ltd, Adani Power Ltd is low. On the other hand, the
reports published by NTPC Ltd, Tata Power Co. Ltd, Jindal Steel and Power Ltd, NHPC Ltd. are highly
integrated.
Key words: Integrated reporting, IRI, Longitudinal analysis, IIRC, GRI, sustainability reporting.