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How to Create an Annual Report That People Actually Want to Read

Beyond financials—engage, inspire, and make an impact with strategic storytelling and design.

by mangrove team
published on February 26, 2025
A person holding a white tablet device displaying a bar chart to represent reading an annual report. A computer keyboard, pencil and lined paper can be seen next to the tablet.

An annual report might not be the first thing that comes to mind when you think about brand storytelling—but it can be a game-changer.  

More than a financial summary, a well-developed annual report is a powerful tool for reinforcing your brand, showcasing your impact, and engaging your audience. It doesn’t just inform; it connects, inspires, and builds credibility.

The key to an impactful annual report? A seamless blend of compelling design, strategic storytelling, and cohesive visuals. Done well, it can leave a lasting impression. Here, we’ll explore ways to bring your report to life—turning it into a story your audience will want to read.

Show your impact

Sharing financial data is key to most annual reports, but raw data alone likely isn’t enough to spark an interest in your audience. Visual elements—like attention-grabbing infographics and illustrations—make complex information more accessible. 

And while numbers tell one part of the larger story, personal experiences bring it to life. Real stories from employees, clients, or partners can demonstrate the actual impact of your work. Components like testimonials, case studies, or narrative features—with well-placed pull quotes and compelling photography—can make your report more memorable and, ultimately, more impactful. 

Impact by the Numbers infographic showcasing statistics from Prospect Sierra using multi colored icons with images that correspond to the type of statistic.
An excerpt from the 2023-2024 Prospect Sierra Impact Report

Keep the design simple

Annual reports typically include a mix of content—stories, pull quotes, illustrations, infographics, and images. With so many elements, maintaining a cohesive, engaging flow while preserving the accuracy and clarity of the information can be a challenge. This is where thoughtful design comes into play. 

A well-designed annual report doesn’t just organize information—it guides the reader through a compelling narrative, making complex details easier to absorb and more satisfying to explore. 

Strategic use of white space and infographics helps maintain clarity, while a minimalist approach to typography, spacing, and photography creates a cohesive, polished look.

For the most impactful annual report, consider investing in professional photography to showcase your organization’s authenticity and expertise. Work with a design studio or agency to ensure a seamless, high-quality final product, and if printing, choose local print shops that offer binding services and FSC-certified paper for an environmentally responsible and socially conscious report.

Infographic showing SJF Ventures' focus areas: Environmental Impact (energy, carbon, climate resilience, sustainable products, and circular economy), and Education and Social Impact (employment, health and wellness, and government and civil society). It highlights their approach to addressing climate change, sustainability, and social equity.
An excerpt from SJV Ventures’ Impact Report

Explore other mediums

The era of the strictly printed, perfect-bound annual report is over. Today, organizations are embracing more dynamic, multifaceted approaches to sharing their stories—leveraging digital, interactive, and high-quality print formats to reach customers and investors wherever they are.

A digital version of your annual report can make it easy to access while on the go, while an interactive supplement to a printed piece can help audiences engage more deeply with key insights and data. Companies continue to push the boundaries with dedicated annual report websites, custom-designed PDFs, and beautifully printed materials, all tailored to enhance readability and impact.

The most important thing to aim for is a final product that both informs and impresses. Your annual report should be something you’re proud to share—one that inspires confidence, reflects your brand’s strengths, and leaves a lasting impression.

The Volunteer Moments section of Prospect Sierra's Impact Report showing moments from different volunteer events, including a person placing a piece of pizza onto a child's plate, volunteers smiling and waving while they hand out ice cream toppings, a smiling couple at an event and a person working in a classroom. Scrolling over these images reveals a short description of the moment depicting interactive storytelling in action.
A look at the Volunteer Moments section from Prospect Sierra’s 2023-2024 Annual Report

Inspire action

In addition to being highly readable, the most successful annual reports inspire action as well. Whether your goal is increasing program enrolment, driving sales, or encouraging donations, consider including a clear call to action that directs readers to your website, offers ways to get in touch, or invites them to take the next step.

Think beyond the report itself. A public “launch” can amplify the impact of your report—whether through a social media campaign, a virtual unveiling, or an in-person event that sparks conversation and engagement within your community.

Done right, a meaningful annual report doesn’t just recap the past year—it sets the stage for what’s to come and gets your audience excited to see what your brand will do next.

If you’re looking to upgrade your annual report, try a new format, or are putting one together for the first time, click this link to connect with us. We would love to learn more about your story and see how we can work together. 

Photo by Mikael Blomkvist on Pexels

A Certified B Corp, Mangrove is a woman-owned website design and development company with a diverse, talented team distributed around the globe. We’ve been building websites since 2009 that amplify the work of change-making organizations and increase the competitive power of businesses owned by historically marginalized people.

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