BIMB Integrated Annual Report 2017

70 Intended Outcome There is continuous communication between the company and stakeholders to facilitate mutual understanding of each other’s objectives and expectations. Stakeholders are able to make informed decisions with respect to the business of the company, its policies on governance, the environment and social responsibility. Practice 11.2 Large companies are encouraged to adopt integrated reporting based on a globally recognised framework. Application : Applied. Explanation on application of the practice : Integrated Annual Report This year Annual report demonstrates our commitment to Integrated Reporting, which is aligned with the principle of long-term value creation for our shareholders, customers, people and community. The content of this report covers the operations of BHB Group, its organisational structure and footprint, strategy and financial performance, as well as an overview of our approach towards sustainability. In committing ourselves towards building sustainable economic and social progress for the society, BHB focus on issues that we consider material to our stakeholders. These are identified through our ongoing stakeholders’ engagement activities, which are instrumental to our ability to create and deliver value as an Islamic financial holding company. Further details and comprehensive disclosure of our sustainability efforts are available at BIMB Holdings corporate website – www.bimbholdings.com/sustainability While we are guided by the International Integrated Reporting Framework in preparing this Integrated Annual report, we also refer to the following frameworks: • Malaysian Financial Reporting Standards • Malaysia Companies Act 2016 • Bursa Malaysia’s Sustainability Reporting Guide • FTSE4Good Bursa Malaysia • Global Reporting Initiative G4