At Schaeffler India, we see our relentless focus on good governance practices as key to building long-term, sustainable and mutually beneficial relationships with all stakeholders. Our strong sense of responsibility has enabled us to foster trust in all our key relationships.
Corporate governance
Board of Directors
Executive leadership team
Compliance management system
Risk management system
Internal control system
Setting objectives
Risk analysis
Methodologies
Monitoring
Internal audit
Schaeffler India's Governance Grade*
Only six companies of the S&P BSE 100 index are in the leadership category
* Note: Assessment as on December 20, 2019 by Institutional Investor Advisory Services (IiAS), a SEBI-registered proxy advisory firm
Rights of investors
Your Company has exceeded the regulatory requirements by publishing an investor handbook and a detailed FAQ to educate shareholders on their rights and responsibilities.
Your Company’s Code of Conduct extends not only to employees but also to its suppliers/vendors, enabling it to set behavioural expectations from its stakeholders.
Your Company is committed to the well-being of its people. It has a publicly disclosed policy against sexual harassment, and a health and safety policy for employees.
Your Company has a transparent supplier/vendor selection and evaluation process and the policies are available on its website.
Investor grievances are taken seriously at Schaeffler India and can be escalated to the Board through the Stakeholders Relationship Committee.
The risk management framework is robust and all material risks and mitigation measures were outlined clearly.
The information provided on Schaeffler India’s website is comprehensive, updated and accurate.
Your Company believes in transparency and provides timely disclosures to its stakeholders.
Your Company’s Board is focused on succession planning; your Company has a leadership development plan for Board members, senior executives and deserving employees.
Your Company has been transparent about its Board evaluation process and has disclosed the conclusions of the evaluation exercise in the Annual Report.
Your Company has disclosed a clear charter of roles and responsibilities for the internal audit function and the Audit Committee.
