Deputy CEO, International Integrated Reporting Council (IIRC)
BACKGROUND / Academic and professional background
Graduate from ESSEC (Paris Business School) Master of Literature, has a Post Graduate Diploma in Political Economy
Philippe Peuch-Lestrade acted as an auditor both in the manufacturing and financial services industries. He was an advisor to La Poste, Areva, the European Union, the French Ministry of Finance and the Cour des Comptes. He was, until December 2011, the Global Government and Public Sector Leader for Ernst and Young. He was previously the Financial Services Leader in France and Continental Western Europe Area, and served in this field as an auditor.
Philippe leads research groups for the Association of Chartered Accountants, and launched the French Association for Audit Development and is a present member of the French Oversight Committee of the public rules
Philippe is deeply involved in some non for profit large organizations
He has published technical books such as ‘The French Reference Book on Accounting’, ‘Mastering Environmental Challenges’, ‘Internal Audit within Local Governments’ and ‘Guide to Auditing’. He frequently quoted in articles and publishes as well some papers in several magazines
Philippe is a Chevalier of the Legion of Honour.
He is a professor of Governance and Corporate Social Responsibility at the Paris University (Previously he was engaged as a Professor for Public Finance Management)
ACHIEVEMENT/ What is the project/initiative/startup/company you will be presenting at the Positive Economy Forum all about ?
The IIRC, International Integrated Reporting Council.
LOCATION/ In which city, country, part of the world do you conduct your activities ?
IMPACT/ What is the positive economic, social, political, environmental…of the activity, project, initiative, startup, company ?
The IIRC, formed in 2010, is a coalition of businesses, investors, regulators, standard setters, NGOs and the accountancy profession. The IIRC’s mission is to create a new, globally accepted framework for corporate reporting, which addresses the real and practical challenges faced by both preparers and users of company reports.
Integrated report <IR> aims to :
- Promote a more cohesive and efficient approach to corporate reporting that draws together different reporting strands and communicate the full range of factors that materially affect the ability of an organization to create value overtime
- Inform the allocation of financial capital and the engagement of voting practices of providers of financial capital
- enhance accountability and stewardship for the broad base of capitals ( financial, manufactured, intellectual, human, social and relationship , and natural) and promote understanding of their interdependencies
- support integrated thinking, decision-making and actions that focus on the creation of value
QUOTE/ A saying, quote or reference phrase that tells something about you.
“Everything which is not given is lost.”