SUSTAINABILITY REPORT - Seylan Bank

182Seylan Bank PLC Annual Report 2010INDEPENDENT LIMITED ASSURANCE REPORTON THE SUSTAINABILITY REPORT FOR THE YEAR ENDED 31ST DECEMBER 2010INTRODUCTIONWe were engaged by the Board of Directors ofSeylan Bank PLC to provide limited assurance onthe Sustainability Report for the year ended Dec 31,2010 of Seylan Bank PLC (‘the Report’) as set out onpages 154 to 189 of the Annual Report.Managements’ responsibility and thecriteria appliedManagement is responsible for the preparationand presentation of the Report in accordance withthe GRI Sustainability Reporting Guidelines asdescribed in the Report, and the information andassertions contained within it; for determining theSeylan Bank PLC objectives in respect of sustainabledevelopment performance and reporting, includingthe identification of stakeholders and materialissues; and for establishing and maintainingappropriate performance management andinternal control systems from which the reportedperformance information is derived.Our responsibilities and compliance withSLSAE 3000Our responsibility is to carry out a limited assuranceengagement and to express a conclusion based onthe work performed. We conducted our engagementin accordance with Sri Lankan Standard onAssurance Engagements SLSAE 3000: AssuranceEngagements other than Audits or Reviews ofHistorical Financial Information, issued by theInstitute of Chartered Accountants of Sri Lanka.That standard requires that we comply withapplicable ethical requirements, includingindependence requirements, and plan and performthe engagement to obtain limited assuranceabout whether the Report is free from materialmisstatement.Summary of work performedA limited assurance engagement on a sustainabilityreport consists of making inquiries, primarilyof persons responsible for the preparation ofinformation presented in the sustainabilityreport, and applying analytical and other evidencegathering procedures, as appropriate. Theseprocedures included:• Inquiries of management to gain anunderstanding of Seylan Bank PLC processesfor determining the material issues for SeylanBank PLC key stakeholder groups.• Interviews with senior management andrelevant staff at group level and selectedbusiness unit level concerning sustainabilitystrategy and policies for material issues, and theimplementation of these across the business.• Interviews with relevant staff at corporate andbusiness unit level responsible for providingthe information in the Report.• Inquiries about the design and implementationof the systems and methods used to collect andprocess the information reported, includingthe aggregation of data into information aspresented in the Report.