Needs revision
The company changed it's policy.
GRAMMAR RULES / ITS VS. IT'S
“It's” is a contraction for “it is” or “it has.” “Its” is the possessive form of “it.”
EXAMPLE
The company changed it's policy.
The company changed its policy.
The policy belongs to the company, so the possessive form “its” is correct.
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FAQ
It's is a contraction of “it is” or “it has.”
Its is the possessive form of the pronoun “it.”
English possessive pronouns such as his, hers, yours, and its do not use apostrophes.