PGHH_AR_2020

Annual Report 2019-20 58 Procter & Gamble Hygiene and Health Care Limited The Committee carries out an evaluation of the performance of individual Directors. Feedback was sought by way of structured questionnaires covering various aspects in line with the Guidance Note on Board evaluation issued by the Securities and Exchange Board of India vide its circular dated January 5, 2017 and performance evaluation was carried out based on the responses received from the Directors. Corporate Social Responsibility Committee The Corporate Social Responsibility Committee comprises of Mr. Anil Kumar Gupta (Chairman), Mr. Madhusudan Gopalan (Member), Ms. Sonali Dhawan (Member) and Mr. Karthik Natarajan (Member). During the Financial Year, two meetings were held on August 21, 2019 and February 12, 2020. Attendance of the Members of the Committee during the Financial Year: Directors No. of Meetings held during tenure No. of Meetings attended Mr. Anil Kumar Gupta 2 2 Mr. Madhusudan Gopalan 2 2 Ms. Sonali Dhawan 2 – Mr. Karthik Natarajan 2 2 The role of the Committee is as follows: ● Formulation and recommendation to the Board, a CSR Policy which shall indicate the activities to be undertaken by the Company; ● Recommendation of the amount of expenditure to be incurred on the CSR activities; ● Monitoring the CSR Policy of the Company from time to time; ● Formulation and monitoring of implementation of business responsibility policies; and ● Annual assessment of the business responsibility performance and reporting. The Company has adopted a Corporate Social Responsibility Policy (‘CSR Policy’). In line with the global principles followed by the Procter & Gamble group and terms of the Companies Act, 2013, the CSR policy is broadly framed taking into account the following: ● We believe it’s essential to run our business responsibly, and our operating practices reflect this commitment. ● We are focused on making every day better for people and the planet through our innovations and our actions: i. Environment by – Conservation of Resources, Using Renewable Resources, Generating Worth from Waste; ii. Social by – providing the comforts of home, improving health and hygiene of people, social and cultural development, imparting education, training and social awareness. Risk Management Committee The Company has constituted a Risk Management Committee to monitor and the review the Risk Management Policy and plans of the Company. The Committee comprises of Mr. Madhusudan Gopalan (Chairman), Mr. Karthik Natarajan (Member), Mr. Anil Kumar Gupta (Member), Ms. Meena Ganesh (Member), Mr. Pramod Agarwal (Member), Mr. Ghanashyam Hegde (Member), Mr. Prashant Bhatnagar (Member) and Mr. Gagan Sawhney (Member). During the Financial Year, three meetings were held on August 21, 2019, November 5, 2019 and February 12, 2020. The role of the Committee is as follows: ● To monitor and review the Risk Management policy and plans of the Company ● To monitor and review cyber security risk. Attendance of the Members of the Committee during the Financial Year: Directors No. of Meetings held during tenure No. of Meetings attended Mr. Madhusudan Gopalan 3 3 Mr. Anil Kumar Gupta 3 3 Mr. Pramod Agarwal 3 3 Ms. Meena Ganesh * 2 2 Mr. Karthik Natarajan 3 2 Mr. Ghanashyam Hegde 3 3 Mr. Gagan Sawhney 3 3 Mr. Prashant Bhatnagar 3 3 * Ms. Meena Ganesh was inducted as Member of the Risk Management Committee effective August 21, 2019.