Sustainability Governance Structure
Our ESG governance structure is both adaptable and robust, designed to respond rapidly to global changes, drive business expansion, and address social challenges effectively. The framework supports the achievement of our Short-term and Mid-term Plans as well as our Long-term Vision. The Board of Directors oversees ESG matters, including associated risks and opportunities, while the CMD-CEO and subsequent teams are responsible for executing business operations in alignment with the objectives.
The Board members bring a range of expertise that translates into a comprehensive approach. The Board possesses the competence in capital allocation discipline, outperformance and addressing stakeholder ESG expectations. It also possesses an understanding of systemic risks and impacts.
ESG Committee at the Board level is responsible for overseeing all sustainability matters. Climate change is a key governance issue and a part of strategy, performance evaluations, investment decisions and market assessments. Himadri’s ESG commitment is directed to reduce environmental footprint, promote social well-being and uphold the highest governance standards. Ensures long-term value creation for customers, society and other stakeholders, while aligning with Nationally Determined Contributions and global benchmarks like UNGC and UNSDGs. This facilitates responsible decision-making and timely activity implementation.