SA Corporate maintains a formalised Stakeholder Engagement Policy, which includes disclosure control procedures and is aimed at identifying and prioritising all individuals, entities and groups who may impact or be impacted by the Group’s investments, operations and activities. Engaging with our stakeholders forms a critical part of our business strategy and value system, and SA Corporate invests in understanding its stakeholders’ views and needs and ensuring that transparent, balanced, and timely information is accessible to all.
The Board-approved Stakeholder Engagement Policy sets a method of engagement with stakeholders who impact and influence the Group’s long-term resilience, guides the building and the maintaining of an open relationship between the Group and its stakeholders, develops and promotes a good understanding of stakeholders’ needs, interests, and expectations, offers guidelines on how the Group should be engaging with its stakeholders, and reinforces the Group’s commitment to all its stakeholders.
The Group’s commitment to inclusive stakeholder engagement is based on the principles of:
• Relevance: Focusing on those issues of material concern to its stakeholders and the Group and identifying how best to address them for mutual benefit.
• Completeness: Understanding the views, needs, performance expectations and perceptions associated with these material issues while also taking cognisance of prevailing local and global trends.
• Responsiveness: Engaging with stakeholders on these issues and giving relevant, timely and meaningful feedback.
The Board’s Committees, in particular the Social, Ethics and Environmental Committee, and to the extent relevant, the Audit and Risk Committee, the Remuneration Committee and the Nomination Committee, assist the Board in carrying out this responsibility by considering and discussing specific stakeholder issues and disclosure matters at their meetings.