CS Professional · Environmental, Social and Governance (ESG) - Principles and Practice · Green Initiatives
Anand Pharma Ltd has a Board-approved environment policy. The Company Secretary, who is also the compliance officer, notices that the plant's pollution-control consent expires next month and no renewal application has been filed. Which action best reflects the CS's role in green compliance?
The CS should alert management and the board, then track and ensure timely filing of the renewal. A Company Secretary's compliance role extends to environmental laws applicable to the company, so proactive monitoring and escalation is expected rather than waiting for a regulatory notice.
- AWait for the pollution control authority to issue a notice before acting
- BAlert the management and board, track the renewal and ensure the application is filed on timeCorrect
- CDelete the item from the compliance calendar since it is not a company law matter
- DAsk the statutory auditor to file the renewal on behalf of the company
Explanation
A CS maintains a compliance framework that covers all applicable laws, including environmental ones. Spotting a lapsing consent calls for timely escalation and follow-up. Waiting for a notice or dropping the item is poor practice, and the auditor does not file renewals for the company.
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