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The phrase "established the policy" is correct and can be used in written English.
It means to create or put in place a specific rule or set of guidelines. Example: The company's CEO established the policy of promoting diversity and inclusion within the workplace.
Exact(5)
Mr. Baen, anticipating the power of the online media, established the policy two years ago of buying all electronic rights when it strikes a book deal with an author.
Undoubtedly, the UK Treasury deserves considerable credit for having established the policy principles for dealing with this crisis, which have now been adopted by the governments of the eurozone.
The luckiest "get Schranked," named for Bob Schrank, a departmental official who in the 1980's established the policy that a worker with collections seniority who does not get to ride the truck still earns higher pay for tasks like desk work and "running the baskets".
Having established the policy focus of this contribution, it is more than likely that integration outcomes are susceptible of other explanations.
We established the policy effect by comparing it before (March 2012) with after(21 months later-December later-December 2012
Similar(54)
Acheson subsequently established the policies of nonrecognition of China and aid to the Nationalist regime of General Chiang Kai-shek on Taiwan; later he also supported U.S. aid to the French colonial regime in Indochina.
As an example, a business rule can establish the policy of sales discount, the commercial conditions for credit sales, the establishment of a minimum value of an order, among others.
The extent and nature of press coverage of issues cues popular opinion and establishes the policy relevance of those issues, 17 21 in particular increasing attention to existing problems and fostering demands for political action.
This affects the commitment to the European Union' s traditional priorities and, in particular, to basic challenges such as combating unemployment, promoting economic and social cohesion, adequately preparing for enlargement and establishing the policy for cooperation that is so essential.
Embrace the new technology but establish the policies to manage the employees' responsibilities.
The private sector is interested in the topic and eager to help, but the government establishes the policies, sets the priorities, and spends most of the money.
More suggestions(14)
determined the policy
established the principles
established the trends
determine the policy
discovered the policy
established the requirements
stated the policy
pursued the policy
acknowledged the policy
implemented the policy
established the institutions
established the political
maintained the policy
established the existing
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com