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BLUE LABEL INTEGRATED ANNUAL REPORT 2015
STAKEHOLDER RELATIONS
CONTINUED
In terms of King III and the Board’s
requirement to address stakeholder
management, the Board’s approach to
stakeholder engagement includes:
identifying and engaging with important
stakeholders;
appreciating that stakeholder perceptions affect
reputation, and therefore managing reputation risk;
delegating to management the responsibility to deal
with stakeholder relationships;
overseeing the mechanisms and processes for the
constructive engagement of stakeholders;
disclosing stakeholder engagement in the integrated
annual report;
striving to achieve a balance of stakeholders’
legitimate expectations in the best interests of the
Group; and
ensuring equitable treatment of shareholders.