Lobbying Governance
Overall Assessment | Analysis | Score |
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Limited |
Elgi Equipments states that it "refrain[s] from making any contributions to political campaigns or engaging in lobbying activities," which serves as a clear policy position on lobbying and indirectly signals that any policy engagement through trade bodies must align with this prohibition. This reference provides some evidence that the company seeks to control or align its direct and indirect lobbying behaviours. However, beyond noting that it will "represent our industry’s interests through trade associations responsibly," the disclosure does not explain how that responsibility is defined, monitored, or enforced, and no mechanism is described for reviewing the climate-related positions of those associations. Although the company highlights a "two-tier governance structure … including the ESG Steering Committee and Functional Sustainability Champions," these bodies are presented in the context of general sustainability oversight; the evidence does not specify that they oversee lobbying alignment or climate-policy advocacy. There is likewise no mention of periodic reviews, board sign-off, or a named individual accountable for ensuring compliance with the anti-lobbying stance. Overall, the company discloses a high-level policy but provides no detail on governance processes, monitoring, or climate-specific lobbying alignment.
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D |