DIMO Wins Big at CMA Excellence in Integrated Reporting Awards

Monday, September 16th, 2019

The CMA Excellence in Integrated Reporting Awards, hosted by the Institute of Certified Management Accountants was held on 9th September, 2019 at the Taj Samudra, Colombo.

DIMO was able to grab the Overall Gold award (Joint award with JKH), Award for the ten best integrated reports, Award for the best integrated report – Diversified Holdings sector (Joint award with JKH), Award for the best disclosure on materiality, Award for the most concise report and Award for the best Sustainability Development Goals (SDG) reporting(Joint award with JKH).

DIMO, as a company that has been producing Integrated Annual Reports for 9 years, understands the need for continuous improvements in its integrated annual report. With the rapid changes in the environment, the manner you create value and material aspects for your value creation changes and the same change should reflect in your integrated annual report. That is why this year DIMO decided to take a different and a more integrated approach, eliminating silos to communicate its value creation ability to its financial capital providers and other stakeholders. The report discusses DIMOs value creation story under three sections.

  1. “Mapping the course to achieve our aspiration” – provides information about DIMO’s philosophy, where the company is heading and how it intends to get there.
  2. “Delivering Our promises” – provides a detailed analysis of the performance against objectives
  3. “Gearing for future value creation” – How geared DIMO is to create value in future. This section has 9 topics under which DIMO discusses factors material for its future value creation.

With this new restructuring and giving materiality the due consideration, the company was able to produce an integrated annual report which is concise, easy to read and provide a complete picture of the organisations value creation ability. This has provided the platform to win aforesaid awards.

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