The IOC’s 2021 Annual Report

In May, the IOC published its 2021 Annual Report, with a modified structure inspired by the five key trends that underpin Olympic Agenda 2020+5. Credibility is one of them. Recommendation 5 calls for the Olympic Movement to “further strengthen safe sport and the protection of clean athletes”, while Recommendation 13 states the need to “continue to lead by example in corporate citizenship” – with “the deepening of engagement with affected stakeholders and regular reporting on progress bring[ing] further credibility and transparency”. The Annual Report forms an important element of this effort, and one section is dedicated to credibility, explaining the measures undertaken in governance and ethics, including details of the IOC Risk and Assurance Governance Model; measures in the fight for clean sport, in particular when it comes to the fight against doping, competition manipulation and other forms of corruption; and policies and changes in regard to IOC Members, including the IOC Members’ Indemnity Policy.

In addition to outlining the activities carried out during the past year, the Report includes the audited financial statements for 2021. The financial statements are prepared and audited in accordance with International Financial Reporting Standards (IFRS), even though the IOC is not legally obliged to comply with these higher standards. Learn more here.