Stakeholder Analysis and Management in the Business Value Chain

BAM recognizes and prioritizes effective stakeholder management. To this end, the Company has established stakeholder engagement policies and practices in accordance with the AA1000 Accountability Stakeholder Engagement Standard (2015) or AA1000SES. Through the collection and analysis of relevant information, the Company identifies and prioritizes stakeholder groups via a six-step operational framework, as follows:

Through this framework, BAM has identified and categorized stakeholders into 10 key groups: 

1) Shareholders                                                
2) Investors/Analysts
3) Customers/Debtors 
4) Executive and Employees 
5) Suppliers/Business Partners 
6) Competitors 
7) Creditors 
8) Government Agencies/Regulators 
9) Communities/Society 
10) Media 

This categorization enables the Company to effectively respond to the specific needs, expectations, and concerns of each stakeholder group and to develop tailored engagement and relationship-building plans. These plans are presented to the Sustainability Development Working Group and the Corporate Governance for Sustainability Committee for acknowledgement, respectively. This process also reveals opportunities for collaboration between the Company and stakeholders to advance the Company's mission and achieve both financial and non-financial objectives, while maintaining strong, long-term relationships with all key stakeholder groups.