Page 131 - Index

Mission-Critical Decisions, Made with Confidence.
PRINCIPLE 7: Businesses, when engaging in influencing public and regulatory policy, should do
so in a manner that is responsible and transparent
Essential Indicators
1. a)  Number of affiliations with trade and industry chambers/
associations.
3
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
Please refer to Table no.10 on page 137
Sustainability Databook.
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.
Leadership Indicators
1. Sr.
no.
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
Web Link,
if available
1. Interacting with stakeholders is essential to the organisation's success
because it allows for the integration of their requirements into its
objectives. Crisil believes it is critical to interact with people and
comprehend their requirements, wants and concerns. These kinds of
interactions also guarantee efficient and long-lasting cooperation. For
each of our stakeholders, we institutionalised structured feedback
mechanisms which provide us with good insights on their expectations
from their relationship with Crisil.
Every quarter, the Board's Stakeholder Relations Committee examines
grievances from all stakeholders including clients, employees,
shareholders, suppliers and business partners. Over the course of the
year, the Committee reviewed the results of stakeholder surveys and
the entire engagement process, going beyond the purview of grievance
handling. This is reflective of the importance attributed to stakeholder
needs at the topmost level at Crisil.
Thought leadership
As part of our thought leadership and outreach initiative, we authored
several opinion pieces and articles on important industry and regulatory
developments, in premier dailies and online platforms. We also
contributed as knowledge partners, speakers or panellists at various
summits organised by industry associations. During the year, we reached
out to over 150,000+ stakeholders, including government officials,
policymakers, regulators, corporates, banks, investment banks, MSMEs,
industry associations and financial intermediaries in Indian and global
markets, through 7+ events and 30+ webinars hosted by Crisil and 84
events at which Crisil experts participated as speakers or panellists.
Client
publications,
Newsletters,
media quotes,
events,
webinars,
speakers
Yes Policy is
reviewed
annually
Read our
Framework
for
Responsible
Public
Engagement
[click here to
read]
Annual Report 2024
129
Sustainability