Lobbying Governance
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Natco Pharma discloses that “The Company is a member of various trade/industry associations like Federation of Indian Chambers of Commerce & Industry (FICCI), Federation of Telangana Chambers of Commerce and Industry (FTCCI), Bulk Drug Manufacturers Association (India) (BDMA), Indian Pharmaceutical Alliance (IPA), Indian Drug Manufacturing Association (IDMA), Confederation of Indian Industry (CII), Pharmaceuticals Export Promotion Council of India (PHARMEXCIL), Hyderabad Management Association (HMA), etc.” and acknowledges that “we have advocated for reforms through these associations for the advancement of public good,” while also noting that “We have constituted a Sustainability Working Group that comprises senior leaders and key management personnel as members.” However, the company does not disclose any internal processes or structures for governing lobbying activities, no policy detailing monitoring or alignment of lobbying with climate or sustainability objectives, and no individual or committee formally responsible for oversight of lobbying alignment.
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