Polycab India 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 [...] 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: Response: a. The Federation of Indian Chambers of Commerce and Industry b. The Associated Chambers of Commerce and Industry of India c. Confederation of Indian Industry d. Electrical & Electronics Manufacturing Association e. Federation of Indian Export Organizations f. Bombay Chamber of Commerce and Industry g. ASMECHEM Chamber of Commerce and Industry of India h. Indian Fan Manufacturers Association [...] 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) Response: No.

https://www.polycab.com/external/annual-reports/ar2022/pdf/Polycab_IR2021-22.pdf

Principle 7: Businesses, when engaged in influencing public and regulatory policy, should do so in a responsible manner [...] 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: Response: a. The Federation of Indian Chambers of Commerce and Industry b. The Associated Chambers of Commerce and Industry of India c. Confederation of Indian Industry d. Electrical & Electronics Manufacturing Association e. Federation of Indian Export Organizations f. Bombay Chamber of Commerce and Industry g. ASMECHEM Chamber of Commerce and Industry of India h. Indian Fan Manufacturers Association [...] 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) Response: No.

https://polycab.com/external/annual-reports/ar2022/pdf/Polycab_IR2021-22.pdf

Governance of our ESG efforts will be looked upon by the Board, the CSR and ESG committee, and the ESG Council, which comprises of all relevant function heads. The implementation, monitoring, and reporting of our ESG initiatives will be undertaken by the ESG Working Group. We have defined KRAs for each of these topics and have linked the KPIs of all members of the ESG Working Group to achievement of these KRAs. At the Company level, we have also taken on medium and long-term measurable targets to be achieved wherever possible. Going ahead, we will measure and disclose our ESG performance transparently and holistically through a robust assurance programme for the benefit of and evaluation by all our stakeholders. As a Company, our purpose is to "Innovate for a brighter living", and I believe, our new ESG framework is a step ahead in the right direction."
"Businesses, when engaged in influencing public and regulatory policy, should do so in a manner that is responsible and transparent [...] The CSR & ESG Committee ("Committee") is to advise on the adequacy of the Company's ESG Framework, ESG Management Systems, and Governance of ESG matters, along with the Company's performance thereunder.

https://www.polycab.com/external/annual-reports/ar2023/Polycab_IAR%202023.pdf