King III had put reputation and relationships as the Board’s domain. King IV changed that. In King IV, the emphasis was on stakeholder relationships. Not reputation. In fact King IV conformed with the International Integrated Reporting Council (IIRC) and called for stakeholder relationships to be at the Board’s domain. Specifically, King IV called for quality of stakeholder relationships to be measured by the Board.
Principle 16 of King IV says that in the execution of its governance role and responsibilities, the governing body ( the Board) should adopt a stakeholder-inclusive approach that balances the needs, interests and expectations of material stakeholders in the best interests of the organisation over time.
Then its recommended practices come in and say the measurement of quality of material stakeholder relationships should be done by the governing body.
That is what SRA does. Measurement of the material stakeholder relationship quality.