Lobbying Governance
Overall Assessment | Analysis | Score |
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None |
Ramkrishna Forgings Ltd refers to “Principle 7: Businesses, when engaging in influencing Public and Regulatory Policy, should do so in a manner that is responsible and transparent” and includes “Leadership Indicators 1. Details of public policy positions advocated by the entity: Frequency of Review by Board ... Method resorted ... (Annually/ Half yearly/ Web Link ...)” yet the company does not specify the actual review cadence or governance structure behind these headings. Although it states that “The Company directly or through trade bodies and other associations puts forth a number of suggestions with respect to the industry in general and its activities in particular,” there is no disclosure of any oversight body or individual responsible for approving or monitoring lobbying efforts, no defined process for managing or aligning these activities with policy goals, and no evidence that any information is publicly available beyond the generic headings provided.
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E |