Ashok Leyland Ltd

PRINCIPLE 7: Policy Advocacy

**1.** **Is your Company a member of any trade and chamber or**
**association? If Yes, Name only those major ones that your**
**business deals with.**

We are active members of CII, SIAM, FICCI and ASSOCHAM.

**2.** **Have you advocated/lobbied through above associations for**
**the advancement or improvement of public good? Yes/No;**
**if yes specify the broad areas (drop box: Governance and**
**Administration, Economic Reforms, Inclusive Development**
**Policies, Energy security, Water, Food Security, Sustainable**
**Business Principles, Others)**

Through our long-standing association with SIAM, CII, FICCI
and ASSOCHAM, we have been participating in the process of
improving all major auto policy issues which are directly or
indirectly impacting us. On a regular basis we participate in
the policy framing exercises organized by these organizations.
Apart from this, we contribute to improve the infrastructure on
transportation and Skill Development in the field.

During the year, the Board had constituted a Committee of Directors for making political contributions with Mr. Sanjay K Asher as the Chairman of the Committee and Mr. Saugata Gupta, Mr. Shenu Agarwal and Mr. Gopal Mahadevan as Members. The Committee was constituted to decide on political contributions viz., mode, timing, quantum subject to the limits and the manner prescribed under the Act. During the year, no meetings of the Committee were held."
"**Principle 7: Businesses, when engaging in influencing public and regulatory policy, should do so in a manner that is responsible and transparent**

**Essential Indicator**

**1.** **a.** **Number of affiliations with trade and industry chambers/ associations**

Four, Ashok Leyland is an active member of CII, SIAM, FICCI and ASSOCHAM.

**b.** **List the top 10 trade and industry chambers/ associations (determined based on the total members of such body) the entity is a**
**member of/ affiliated to.**

**Sl.** **Name of the trade and industry chambers/associations** **Reach of trade and industry chambers/**
**No** **associations (State/National)**
1 Federation of Indian Chambers of Commerce and Industry (FICCI) National and International
2 Confederation of Indian Industry (CII) National and International
3 The Associated Chambers of Commerce & Industry of India (ASSOCHAM) National and International
4 Society of Indian Automobile Manufacturers (SIAM) National and International
5 Automobile Components Manufacturer Association (ACMA) National and International
6 Federation of Automobile Dealers Association (FADA) National
7 Society of Indian Defence Manufacturers (SIDM) National
8 PHD Chamber of Commerce and Industry (PHDCCI) National and International
9 European Automobile Manufacturers' Association (ACEA) French International
10 Society for Manufacturers of Electric Vehicles (SMEV) National

**Leadership Indicators**

**1.** **Details of public policy positions advocated by the entity**

**Sl.** **Public policy advocated** **Method resorted by** **Whether information** **Frequency of Review** **Web-Link, if**
**No** **such advocacy** **available in public** **by Board (Annually/** **available**
**domain? (Yes/No)** **Half Yearly/**

**Quarterly/Others –**
**please specify)**

Ashok Leyland works closely with various trade and industry associations including industry representations to the government and
regulators. The Company ensures that policy advocacy is carried out in a transparent and responsible manner taking into account its
larger national interest.

Our company, through the Board level ESG Committee chaired by an independent nonexecutive board member, provides leadership and direction to drive ESG-related initiatives and integrate ESG across other Board committees. [...] Governance is at the highest priority for everything that we do, from board independence to the implementation of over 30 comprehensive policies improving our transparency and upholding ethical business conduct. [...] The Committee ensures that the Company's strategies and initiatives align with global ESG trends. It is tasked with integrating ESG-related initiatives across other Board Committees. The Committee also oversees the creation and execution of ESG targets, standards, and metrics. The Committee monitors the processes for tracking ESG performance and reviews stakeholder perceptions and ESG ratings. Lastly, it ensures the Company complies with regulatory ESG disclosure requirements, including the Business Responsibility and Sustainability Report (BRSR). [...] The Corporate Social Responsibility (CSR) Committee has formulated a CSR Policy. This policy details the initiatives the Company will undertake, as specified in Schedule VII of the Companies Act. The Committee provides guidance on the budget allocation for CSR activities. It also devises an annual action plan and differentiates between one-time and ongoing projects. Additionally, the Committee manages the transfer of funds to any unspent CSR account. Finally, it supervises the implementation of the CSR Policy and the distribution of CSR funds.