Suzlon Energy Ltd

Lobbying Governance

AI Extracted Evidence Snippet Source

**Principle 7 - Businesses, when engaging in influencing public and regulatory** **policy, should do so in a manner that is responsible and transparent**

- The Corporate Governance Policy and Suzlon's Code of Ethics ensures maintaining business responsibility and transparency.

- The Code of Ethics is used for taking actions in influencing public and regulatory policy. [...] **8.** **Reporting Requirement**

As per the requirements of the Listing Regulations, the Company shall prepare a Business Responsibility and Sustainability Report (BRSR) in the format specified by SEBI from time to time and place before the Board for its approval on an annual basis. The BRSR as approved by the Board will be included in the Annual Report along with Assurance by a third party.

https://www.suzlon.com/NewPdf/Shareholders_Information/Corporate_Governance_Policies/2022-23/Responsible_Business_Conduct_Policy.pdf

Our Board is vested with the responsibility of reviewing our social, environmental, and economic performances, and disclosing it to our stakeholders in a timely and accurate manner. [...] The Board has a dedicated Risk Management Committee which oversees the risk management framework, reviews the risk management-related decisions and activities taken by Group Risk Team [...] The Sustainability Secretariat comprising of skilled personnel is responsible for communicating and coordinating with the sustainability managers on ESG plans and initiatives and overseeing the implementation of the same. [...] The top management and Group Sustainability Management Committee is tasked with providing strategic direction, setting ESG priorities and approving sustainability policies. It acts as a link between the Board and management. [...] The Executive Committee is responsible for handling Suzlon's daily matters and is tasked with creating and implementing policies, systems, and mechanisms that align with our Board's strategic vision and direction. This Committee also oversees and enforces internal controls in key areas and ensures that management practices and policies are appropriate for the business nature and context.

https://www.suzlon.com/pdf/about/cg/Suzlon-Sustainability-Report-FY23.pdf