Reporting provides a key leverage point for effecting necessary transformative change, operating as it does at the intersection between performance accounting and transparent accountability. However, current disclosure regimes continue to reflect incrementalist mindsets, falling far short of their potential to trigger transformation to a thriveable paradigm, according to the global network of “Positive Maverick” change agents that Reporting 3.0 has assembled at its past four Conferences. Over this past half-decade, the International Reporting 3.0 Conference has emerged as the premiere global forum for identifying gaps between current reporting and what’s needed to spur the emergence of a truly Green, Open & Inclusive Economy, and vetting scalable solutions.
This year’s Reporting 3.0 Conference, the fifth overall (and the second hosted by KPMG at its Amsterdam HQ), represented a watershed moment, as it was the first to feature final findings from all four Reporting 3.0 Blueprints and adding a fifth Blueprint as a step-by-step process towards Thriveable Organisations and System Value Creation. Final Recommendation Reports for the Accounting Blueprint and New Business Models Blueprint were released at this year’s Conference, rounding out the Recommendation Reports from the Reporting Blueprint and Data Blueprint released at the 2017 Reporting 3.0 Conference. The Transformation Journey Blueprint synthesises all Recommendations, ready to be implemented by all constituencies and worldwide.
As well, the 2018 Reporting 3.0 Conference was the first to also profile pilot projects of companies and others implementing Blueprint Recommendations under the Beta Testing Program, with support from the Advocation Partners Program and the Academic Alliance. Finally, this Conference featured an update of the Global Thresholds & Allocations Council, a body of respected experts to vet and validate thresholds for the carrying capacities of the multiple capitals (natural, human, social, financial, etc…) and methodologies for companies to set fair share “slice of the pie” allocations for access to (and commensurate responsibility for sustainable management of) those capital resources from the Commons.
The 5th International Reporting 3.0 Conference was again hosted by KPMG in their iconic headquarters in Amsterdam with topnotch conferencing space and technical capabilities.