On April 16, the International Integrated Reporting Council released the draft framework of a proposal to combine financial and sustainability reporting for companies. The council advocated for the combined reports, saying it prevents the misallocation of resources and therefore lowers capital costs. The draft said companies should examine financial, human, intellectual, manufactured, natural, relationship, and social capital. The proposal includes reporting environmental challenges like climate change. The framework will be open for public comments until July 15, and the council will release the final version in December.