Deloitte comments on the Investment Association’s Productivity Action Plan

Stephen Griggs, audit managing partner at Deloitte, said:

“We support the Investment Association’s report, which advocates the removal of quarterly reporting from the obligations of UK publicly listed companies. This would encourage companies to think about long-term viability and value creation, and recognise that long-term sustainable performance relies on an understanding of how financial, social and environmental factors have to be part of the business model. It is all about encouraging companies to build resilient organisations through embedding broader issues into their decision-making.”

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Notes to editors

About Deloitte
In this press release references to Deloitte are references to Deloitte LLP, which is among the country's leading professional services firms.

Deloitte LLP is the United Kingdom member firm of Deloitte Touche Tohmatsu Limited (“DTTL”), a UK private company limited by guarantee, whose member firms are legally separate and independent entities. Please see www.deloitte.co.uk/about for a detailed description of the legal structure of DTTL and its member firms.

The information contained in this press release is correct at the time of going to press.

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