What is distinctive about the IIRC’s reporting philosophy, especially in its objectives and strategy

Task: The paper explores two research questions: 1. What is distinctive about the IIRC’s reporting philosophy, especially in its objectives and strategy? 2. What implications does the IIRC’s reporting approach have for sustainability, defined as including a replicable and just use of resources? 3. Identify structurally similar conflicts between human stakeholders. For instance, given the influence of Marxist theories in social and critical accounting (Parker, 2005, Gray, 1992), it can be argued that while investors and employees have a shared interest in value-creation, they have opposing interests in how value is distributed between profit and wages. Stakeholder perspectives are typically more managerial than critical in orientation (Gray, 1992), but even moderate stakeholder theorists like Freeman argue only that stakeholder theory provides a vocabulary with which common ground between shareholders and other groups can be sought, not that these interests are aligned. Thus, even a thorough application of IR cannot be relied on to automatically incorporate organisations’ social and environmental impacts, even if IR has the reporting categories to do so.