The practice turn in integrated reporting (IR) research: A comprehensive review

Since its inception in 2013 (IIRC, 2013), integrated reporting (IR) has been widely adopted around the world (de Graaff & Steens, 2023; de Villiers et al., 2017; Rinaldi et al., 2018), with over 2,500 companies in 70 countries producing an integrated report (IIRC, 2022b). In recent years, significant institutional consolidation has taken place, first with the merger of the International Integrated Reporting Council (IIRC) and the Sustainability Accounting Standards Board to form the Value Reporting Foundation, and shortly thereafter its consolidation by the International Financial Reporting Standards (IFRS) Foundation to create the International Sustainability Standards Board (ISSB, O’Dwyer et al., 2024). However, this evolution did not mark the end of IR. The IFRS Foundation continues to promote its use, building on concepts from the IR framework for future projects (The IFRS Foundation, 2024a) and working on the interoperability of the IR framework with the IFRS Sustainability Disclosure Standards (The IFRS Foundation, 2024b). IR continues to hold significant relevance in the corporate world as companies continue to enhance their IR practices and new adopters publish their first integrated reports. For instance, Safran has recently unveiled a digital version of its integrated report (Safran, 2024), while La Poste has just published their first integrated reports (La Poste, 2023). This evolution calls for an updated state of the art on IR, to identify trends and gaps in the literature…