Lobbying Governance
Overall Assessment | Analysis | Score |
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Limited |
BEML Ltd establishes a board-level committee under its Sustainable Development governance (Principle 7) to approve and monitor policy engagement, stating that “SD Projects may be identified by Corporate Office/Complexes/Divisions/… will be required to be put up to the Board/Board Level Committee for necessary approvals,” that the committee “will oversee all the activities related to SD projects/ Activities,” and that it is “headed by Independent Director as its Chairman” who “will monitor and review the SD projects on a quarterly basis” and conduct evaluations “on a yearly basis.” The company also notes that when “policy guidelines are issued, suggestions are being provided” and “seminars/workshops are also attended for facilitating our view on the policies.” While this indicates an oversight body for its public policy work, the company does not disclose any process to ensure alignment of those lobbying efforts with its climate or sustainability policies or any dedicated review or monitoring mechanism specific to climate-related lobbying.
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