Principle 7 is the shortest principle in BRSR: three disclosures on how the business influences public and regulatory policy. It asks about your trade-association memberships, any corrective action on anti-competitive conduct, and the policy positions you advocate. The bar is transparency, not volume.
Key takeaways
- 01Principle 7 is the smallest principle, just three disclosures, usually answerable from membership records.
- 02P7-E1 asks for the number of trade-association affiliations and the top 10 by membership.
- 03P7-E2 covers corrective action on any adverse order for anti-competitive conduct.
- 04P7-L1 (public-policy positions) is voluntary but increasingly checked for consistency with climate commitments.
What Principle 7 asks
| Disclosure | What it asks | ICAI page |
|---|---|---|
| P7-E1 | Number of trade and industry-chamber affiliations, and the top 10 by membership | 143 |
| P7-E2 | Corrective action on any adverse regulatory order for anti-competitive conduct | 144 |
| P7-L1 | The public-policy positions the entity advocates, and by what method | 144 |
Who owns the data
Principle 7 is a Public-affairs engagement
How much to disclose under P7-L1
P7-L1 is a Leadership indicator, so it is voluntary, but leading practice is to disclose the policy positions the company actively advocates, whether it does so directly or through associations, and whether the information is public. Investors increasingly test that a company's climate advocacy, including the positions taken by the trade bodies it funds, is consistent with its own net-zero commitments, so alignment is worth reviewing annually.
Best practice for Principle 7
- Disclose all trade-association and industry-body memberships and the public-policy positions advocated through them.
- Ensure lobbying and advocacy are consistent with the Paris Agreement and any net-zero commitments.
- Adopt a Responsible Climate Policy Engagement framework and review trade-body alignment annually.
See where Principle 7 sits in the full report
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