PRINCIPLE 7
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BUSINESSES, WHEN ENGAGING IN INFLUENCING PUBLIC AND REGULATORY POLICY, SHOULD DO SO IN A MANNER THAT IS RESPONSIBLE AND TRANSPARENT

We are committed to enhancing lives and fostering a sustainable future through ethical and transparent interactions, as well as advocacy efforts with government bodies. Our initiatives address environmental sustainability, waste management, resource efficiency, health and hygiene, and inclusive growth. By collaborating with diverse stakeholders, we aim to create a ripple effect of positive change, empowering all stakeholders to make informed choices and contribute to a better world. Through our advocacy efforts, we strive to enhance policy and create a supportive environment for sustainable practices, ensuring that our actions are aligned with the highest standards of integrity and transparency.

Message from Our
Leadership

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"We aim to engage with government entities to potentially expedite various initiatives, enhance the ease of doing business, and explore partnerships that could drive systemic change. Our objective is to consider ways to streamline processes for the industry, aiming for a level playing field that align with the interests of all stakeholders. By collaborating with governmental bodies, we hope to identify effective policies and frameworks that could support growth, ensuring that our efforts would lead to meaningful impact across the industry.”

Vipul Mathur Executive Director, Personal Care

0

Affiliations with national/state level trade and industry chambers/associations

Nil

Instances of anti-competitive conduct

ESSENTIAL INDICATORS

EI-1. a. Number of affiliations with trade and industry chambers/associations.

We are affiliated with 10 trade and industry chambers/associations.

EI-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 Indian Beauty and Hygiene Association (IBHA) National
4 Bombay Chamber of Commerce & Industry State
5 Bengal Chamber of Commerce & Industry State
6 Protein Food Nutrition Development Association of India (PFNDAI) National
7 Public Affairs Forum of India (PAFI) National
8 European Business Group, India National
9 Indian Home & Personal Care Industry Association (IHPCIA) National
10 Sustainable Palm Oil Coalition of India National

EI-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

LI-1. Details of public policy positions advocated by the entity:

S.
No.
Public policy advocated Methods 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 considering ours as well as the larger national interest.

No NA NA