Chapter 03 · Reporting & strategyStrategy, Targets & Performance Management

Progress reporting

Meaning statusEstablishedSource recordDirect document linkedWhy these are different

Definition

Progress reporting is the communication of status, actions, results and remaining gaps against a plan, target or commitment.

References

IFRS FoundationIFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information

This reference provides supporting context for how “Progress reporting” is defined and used.

Overview

What it means in practice

Progress reporting should be read as a strategy and performance-management term. Its meaning depends on the objective, boundary, baseline, owner, timeframe and evidence used to assess progress.

In practice, users should connect progress reporting to a specific decision, metric, plan or governance process. That keeps the term concrete enough to guide action and review.

Why it matters

Progress reporting matters because strategy language can shape priorities, budgets, accountability and external claims. Clear wording helps readers see whether the term describes intent, action, measurement or demonstrated performance.

Common misconception

A common error is to use Progress reporting as a label for ambition without showing the scope, metric, owner or review process. That can make progress appear more settled than it is.

Review questions

What objective or decision does the term support? Who owns it? What boundary, metric, evidence and timeframe would let a reviewer judge whether it is working?

How it is used

Boards, executives, reporting teams, auditors and stakeholders use “Progress reporting” in strategy, target-setting, sustainability reporting, performance reviews and external communications. In each case, the user should state the reporting framework, organisational boundary, baseline, timeframe, metric and governance process; otherwise, the same term may be applied to materially different situations.

In this context, it refers to the communication of status, actions, results and remaining gaps against a plan, target or commitment.

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Meaning status
Established
Last verification recorded
22 Aug 2026
Last updated
22 Aug 2026
What the classifications mean

Meaning status: Established

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