Page 182 - Hitachi IR 2025

BOARD’S REPORT
− The Committee shall meet at least once during the financial year. Meetings of the ESG Committee shall
be held either in person or by virtual audio/ video conference mode.
− The Committee shall invite such other employees or engage third parties to attend the Meetings and
/ or to monitor the implementation of ESG objectives.
−
The Committee shall make available to the Board the minutes of its Meetings.
Roles & Responsibilities of ESG Committee:
ESG Committee shall undertake the following:
1. Monitor and implement ESG targets of the Company and review its adequacy.
2. To keep the board of directors informed about the nature and content of its discussions, recommendations
and actions to be taken.
3. To facilitate reporting of ESG-related matters in the Business Responsibility and Sustainability Report
as may be statutorily required.
4. To perform such functions or duties as may be prescribed under the Act, the SEBI Listing Regulations and
any other applicable laws from time to time and discharge such other functions as may be specifically
delegated to the Committee by the Board from time to time.
5. The ESG Committee of Directors shall be vested with the following powers:
(a) The Committee shall have the authority to scrutinize programs and initiatives to ensure transparency
and oversee the implementation of programs/initiatives across the Company.
(b) Obtain external legal or other independent professional advice, whenever necessary.
6. The ESG Committee shall:
(a) oversee the effectiveness of sustainability programs and provide inputs related to matters of ESG
and corporate responsibility.
(b) review and provide inputs on sustainability goals.
(c) advise on the Business Responsibility & Sustainability Report and any other issue-specific reports
(if any) prior to reporting to the Board.
(d) consider and recommend to the Board positioning on relevant emerging sustainability issues.
(e) review and approve the Sustainability roadmap.
(f) provide direction and oversight to the internal sustainability function.
The Committee was chaired by Ms. Meena Ganesh. Mr. Poovanna Ammatanda, General Counsel, Company
Secretary and Compliance Officer is the Secretary to the Committee. During the financial year under review,
one meeting was held on May 21, 2024.
The composition of the ESG Committee as of March 31, 2025 and the attendance of members at the
Meeting held during the financial year 2024-25 are as follows:
Members of the Committee Designation No. of Meetings
Held Attended
Ms. Meena Ganesh Chairperson, Independent Director 1 1
Ms. Akila Krishnakumar Independent Director 1 1
Mr. Achim Michael Braun Non-Executive Non-Independent Director 1 1
Mr. Nuguri Venu Managing Director and CEO 1 1
10. DETAILS OF OTHER COMMITTEE MEETINGS AND MEMBERSHIP:
• Committee of Independent Directors for an annual evaluation: During the financial year, one Meeting was
held on May 21, 2024.
Mr. Poovanna Ammatanda, General Counsel & Company Secretary acted as the Secretary to the Committee
of Independent Directors for annual evaluation.
180 Hitachi Energy India Limited