QUESTION The corporate reporting has changed in the last decades from traditional corporate reporting through financial statements, to various types of reporting relating to environmental, social and governance such as sustainability reporting and to the integration of financial and non-financial information, including value creation within an integrated reporting (IR). IR provides greater context for performance data, clarifies how sustainability fits into operations or a business, and may help embed sustainability into company decision making. IR results in a broader explanation of performance than traditional reporting. The International Integrated Reporting Framework (IR Framework) was first launched in December 2013 and the recent IR Framework January 2021 was developed with the objective to guide organizations on communicating the broad set of information needed by investors and other stakeholders to assess the organization's long-term prospects in a clear, concise, connected and comparable format. REQUIRED: a) Discuss the importance of disclosing information on opportunities. Give your opinion should disclosures on opportunities still be made if this could cause competitive harm. QUESTION The corporate reporting has changed in the last decades from traditional corporate reporting through financial statements, to various types of reporting relating to environmental, social and governance such as sustainability reporting and to the integration of financial and non-financial information, including value creation within an integrated reporting (IR). IR provides greater context for performance data, clarifies how sustainability fits into operations or a business, and may help embed sustainability into company decision making. IR results in a broader explanation of performance than traditional reporting. The International Integrated Reporting Framework (IR Framework) was first launched in December 2013 and the recent IR Framework January 2021 was developed with the objective to guide organizations on communicating the broad set of information needed by investors and other stakeholders to assess the organization's long-term prospects in a clear, concise, connected and comparable format. REQUIRED: a) Discuss the importance of disclosing information on opportunities. Give your opinion should disclosures on opportunities still be made if this could cause competitive harm