DIMO shines at CMA Excellence in Integrated Reporting Awards

On Oct 19, 2023

DIMO, a leading conglomerate, emerged as the overall Gold Award Winner, at the recently held CMA Excellence in Integrated Reporting Awards 2023, organized by the Institute of Certified Management Accountants (CMA) of Sri Lanka, bagging 04 awards in total.

The ‘CMA Excellence in Integrated Reporting Awards 2023’ marked the 9th consecutive year of recognition for this distinguished event, hosted at the Taj Samudra Hotel, Colombo. In addition to the top award, DIMO was recognized among the ‘Top Ten Integrated Annual Reports’. DIMO also won the ‘Special Award for Best Concise Annual Report’ and the ‘Special Award for Best Integrated Thinking’.

DIMO Chairman Ranjith Pandithage stated; “At DIMO, we believe in the power of integrated reporting as a tool for fostering trust and showcasing the holistic value we create for our stakeholders, to fuel their dreams and aspirations. This award is a recognition of our dedication to the highest standards of corporate reporting, highlighting not just our financial performance but also our environmental, social, and governance (ESG) initiatives.”

DIMO’s 22/23 Annual Report, the 13th integrated report, was themed Accelerating into the Future” and featured a range of new initiatives.

Notably, it marked the debut of DIMO’s first Micro-site within its annual report, offering stakeholders an immersive and engaging digital experience.

The company segregated its traditional monetized capital report into two standalone reports, one dedicated to manufactured capital and the other for financial capital, enhancing the depth of insights offered. Additionally, the company introduced sustainability Key Performance Indicator (KPI) updates that aligned seamlessly with the company’s journey towards fulfilling the sustainability agenda for 2030, through this annual report. These highlights collectively underscore DIMO’s dedication to innovation and transparency in its reporting practices.

Integrated reporting, a concept introduced in 2010 by the International Integrated Reporting Council (IIRC), is designed to enhance transparency in corporate reporting, focusing on stakeholder value creation, preservation & erosion. DIMO became a pioneer in Sri Lanka as well as in Asia adopting an integrated reporting concept in its2010/11 annual report.

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