JK Lakshmi Cement Ltd

Lobbying Governance

AI Extracted Evidence Snippet Source

Principle 7 Businesses, when engaged in influencing public and regulatory policy, should do so in a responsible manner. [...] 2. Have you advocated/lobbied through the above associations for the advancement or improvement of the public good? Yes/No; if yes specify the broad areas (dropbox: Governance and Administration, Economic Reforms, Inclusive Development Policies, Energy security, Water, Food Security, Sustainable Business Principles, Others) The primary purpose of the above associations is to create a platform for the advancement and advocate public good, and the Company has been broadly using Trade Association/Chambers of Commerce. It has been taking advocacy positions from time to time in the areas of Corporate Legal Reforms, Economic Reforms, Social Security, Water Conservation, Sustainable Business Principles, etc. Further, in line with United Nations Sustainable Development Goals (SDGs) no. 17 regarding "Partnership for the Goals", Company continuously advocates the use of eco-friendly manufacturing processes and use of alternative fuels, Energy Conservation, Water Conservation, Waste Management, Energy Efficiency Practices, etc. across its values chain through regular presentations, exhibitions, etc. on multiple national and international platforms and conferences organized by various associations.

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9 Does the entity have a specied Committee of the Board/ Director responsible for decision making on sustainability related issues? (Yes / No). If yes, provide details.|Yes. During the year, the Board rechristened the erstwhile Corporate Social Responsibility (CSR) Committee to "CSR & Sustainability Committee". The said Committee overseas, inter alia, the Environment, Social, Governance and Sustainability initiatives of the Company. For further details please refer to Integrated Annual Report [...] Performance against above policies and follow up action|P P P P P P P P P 1 2 3 4 5 6 7 8 9 CSR and Sustainability Committee and additionally, by President & Director of the Company.|P P P P P P P P P 1 2 3 4 5 6 7 8 9 Annually [...] Compliance with statutory requirements of relevance to the principles and rectication of any non-compliances|CSR and Sustainability Committee and additionally, by President & Director of the Company.|Quarterly [...] 1. Details of public policy positions advocated by the entity:|S. No. 1.|Public policy advocated Renewable energy/ AFR|Method resorted for such advocacy Industry associations & bodies|Whether information available in public domain? (Yes/No) -|Frequency of Review by Board (Annually/ Half yearly/ Quarterly/ Others- please specify) Opportunity based/ Need based|Web Link, if available -|2.|Alternative building materials|Seminars|-|Need / opportunity based|-|3.|Carbon emission reduction in cement industry|Seminars|-|Need based|-|4.|Water conservation|Industry associations & bodies|-|Opportunity based|-

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