Page 35 - Balmer Lawrie Sustainability Report 2022_Single Pages
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Stakeholders are those individuals, Stakeholder Engagement Process
groups of individuals or organisations We have identified and mapped our stakeholders through
that affect and/or could be affected by a structured process. We gather valuable insights for
improving our business and sustainability strategy
our activities, operations, and through a range of engagement activities. These include
associated performance. Engagement employee engagement activities, supplier/vendor
meetings, investor meetings and informal dialogues with
with our stakeholders helps us the community. Stakeholder engagement provides the
understand their explicit and tacit needs Company with an opportunity to realign its business
approaches with the latest industry trends and best
to guide our strategy and operational practices keeping in centerstage the expectations of the
decisions. Inputs from our stakeholders stakeholders.
also give us a better insight into the Identifying and Prioritization of
future risks, opportunities and business Key Stakeholder
outlook for the Company. The success
of our sustainability strategy relies on
the collaboration with and input from the Defining communication channel
key stakeholder category - including
employees, suppliers & vendors, Communication with identified
customers, local communities and Stakeholders
regulatory bodies.
Analysing and Identifying
Stakeholders issues
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