Regulatory Policy : Businesses, when engaging in influencing public and regulatory policy, should do so in a manner that is responsible and transparent
Message from Our Leadership
“As a responsible Company, we regularly participate in multi- stakeholder engagements on addressing public policy and legislative issues and are committed to doing so with honesty, integrity, openness and in compliance with applicable laws”
Dev Bajpai
Executive Director, Legal & Corporate Affairs and Company Secretary
PRINCIPLE 7 Highlights
0
National affiliations with trade and industry chambers / associations
0
State affiliations with trade and industry chambers / associations
NIL
Instances of Anti Competitive Conduct
Essential Indicators
1. a. Number of affiliations with trade and industry chambers/ associations.
We are affiliated with 12 trade and industry chambers/associations.
1. 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.
| S. No | Name of the trade and industry chambers/associations | Reach of trade and industry chambers/associations (State/National) |
|---|---|---|
| 1 | Federation of Indian Chambers of Commerce and Industry (FICCI) | National |
| 2 | Confederation of Indian Industry (CII) | National |
| 3 | Associated Chambers of Commerce and Industry of India (ASSOCHAM) | National |
| 4 | Indian Beauty and Hygiene Association (IBHA) | National |
| 5 | Bombay Chamber of Commerce | State |
| 6 | Water Quality India Association (WQIA) | National |
| 7 | Bengal Chamber of Commerce & Industry | State |
| 8 | Federation of Kutch Industrial Association | State |
| 9 | Public Affairs Forum of India (PAFI) | National |
| 10 | European Business Group, India | National |
| 11 | Indian Home & Personal Care Industry Association (IHPCIA) | National |
| 12 | Protein Food Nutrition Development Association of India (PFNDAI) | National |
2. Provide details of corrective action taken or underway on any issues related to anti-competitive conduct by the entity, based on adverse orders from regulatory authorities
During the year, there were no adverse orders from regulatory authorities relating to anti-competitive conduct.
| S. No | Name of authority | Brief of the case | Corrective action taken |
|---|---|---|---|
| 1 | Nil | Nil | Nil |
Leadership Indicators
1. Details of public policy positions advocated by the entity
| Public policy advocated | Method resorted for such advocacy | Whether information available in public domain? (Yes/No) | Frequency of Review by Board (Annually/ Half yearly/ Quarterly / Others - please specify) | Web Link, if available |
|---|---|---|---|---|
| We participate in multi-stakeholder engagements and, when relevant, respond to public consultations. Our approach to advocacy is guided by the Code of Business Principles (CoBP). The Code provides that any contact by us or our business associates with Government, legislators, regulators or NGOs must be done with honesty, integrity, openness and in compliance with applicable laws. Only authorised individuals can interact with these institutions. Prior internal approval is required for initiating any contact between us, our representatives, and officials, aimed at proactively addressing changes/suggestions to regulation or legislation. | We are represented in key industry and business associations. We perform policy advocacy in a transparent and responsible manner while engaging with all the authorities and consider our as well as the larger national interest. | No | NA | NA |