IndusInd Bank Ltd

Lobbying Governance

AI Extracted Evidence Snippet Source

### C. Governance Mechanism
The Bank approaches E&S risk management by clearly defining roles and responsibilities within the system
and developing robust frameworks to facilitate the management and mitigation of associated risk. The
Bank's E&S management processes involve several key actors across the organization from the Board of
Directors, the Managing Director (MD) and Chief Executive Officer (CEO) to Business Heads and Credit Risk
Officers as well as individual Relationship Managers (RMs). [...] To ensure the mainstreaming and implementation of the policy, the Bank has established an ESMS
Committee; comprising of senior representatives from the business, risk and sustainability unit. The
Committee evaluates reports submitted by Sustainability Unit on portfolio coverage and the measureable [...] The Sustainability Head
initiates annual policy reviews and presents the implementation status of the policy to the MD & CEO,
which is further submitted to the CSR and Sustainability Committee of the Board. [...] The Sustainability Unit drives implementation of ESMS policy in the Bank. The ESG risk assessment of
clients by Relationship Managers is reviewed by Sustainability team and Credit Risk Team before facility is
sanctioned/renewed [...] Escalations for High ESG Risk and Committee based sanction [...] Approval and Monitoring [...] Appropriate levels of authorization have been assigned for each risk category.

https://www.indusind.com/content/dam/indusind-corporate/generic/ESMS.pdf

###### Governance Mechanism

Sustainability at IBL is governed at the apex the CSR and Sustainability Committee at the Board level. The Committee constitutes of at least three directors, out of which one director shall be an independent director. The CSR and Sustainability Committee will be chaired by an Independent director. Below the board level, Sustainability Council of top management at the CET Level that engages leadership across business units, zones, and functions to provide further oversight and strategic guidance. Sustainability department plays the role of strengthening the integration of environmental and social principles into business practices and enriches related public disclosures while engaging with stakeholders, inside and outside the company and assess where the bank is on sustainability and monitor perception.

https://www.indusind.com/content/dam/indusind-corporate/Other/sustainability/SustainabilityPolicy.pdf

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]The Bank engages with trade associations on subjects related to climate change. The senior management and
leadership represent the Bank's interests related to climate change and sustainability at various forums, conferences and media. The Bank's stand at various industry forums is
consistent with our overall climate change strategy as outlined in our Environment Policy and as represented by our new ESMS policy. The adoption of Sustainability at a
strategic level through PC5 ensures a common approach to multiple climate engagement activities across business divisions and geographies. Bank has been actively involved in various advocacy/awareness related events which saw participation from various state governments, regulators, central government ministries, and industry participants.

Furthermore, the Bank publishes its ESG commitments and climate change agenda as part of its Annual integrated report, BRSR and Investor Presentations, these
publications outline the Bank's CC strategy and ensure that it is consistent with our activities. Our ESG commitments have also been presented to RBI to further ensure
compliance. Bank has engaged with various forums like FICCI/CII
Situation: Bank wanted to increase awareness about its commitments to development and contribution towards the WaSH segment.
Task: Participate and facilitate an industry event in the WaSH segment
Action: actively collaborated and participated for the INK WaSH 3.0 event in Hyderabad which saw participation from Govt. of Telangana, Governors of various states, over 700 innovators in the segment and other industry participants
Result: Bank has been appointed as the investment and banking partner for WASH Innovation Hub (WIH) and amongst the core partner organizations. WIH is one of the only two water innovation hubs in the world. Bank has now been introduced to various industry participants and also has access to 700 plus innovators in the WaSH segment. Bank will provide its services to these innovators as innovations in this area will contribute to climate positively

CDP Questionnaire Response 2022

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes

CDP Questionnaire Response 2023

Describe the process(es) your organization has in place to ensure that your external engagement activities are consistent with your climate commitments and/or climate transition plan?[…]The Bank engages with trade associations on subjects related to climate change. The senior management and leadership represent the Bank's interests related to climate change and sustainability at various forums, conferences, and media. The Bank's stand at various industry forums is consistent with our overall climate change strategy as outlined in our Environment Policy and as represented by our new ESMS policy. The adoption of Sustainability at a strategic level through PC5 ensures a common approach to multiple climate engagement activities across business divisions and geographies. Bank has been actively involved in various advocacy/awareness-related events which saw participation from various state governments, regulators, central government ministries, and industry participants. Furthermore, the Bank publishes its ESG commitments and climate change agenda as part of its Annual integrated report, BRSR, and Investor Presentations, these publications outline the Bank's CC strategy and ensure that it is consistent with our activities. Our ESG commitments have also been presented to RBI to further ensure compliance. Bank has engaged with various forums like FICCI/CII Situation: Bank wanted to increase awareness about its commitments to development and contribution towards the WaSH segment. Task: Participate and facilitate an industry event in the WaSH segment Action: actively collaborated and participated in the INK WaSH 3.0 event in Hyderabad which saw participation from Govt. of Telangana, Governors of various states, over 700 innovators in the segment and other industry participants Result: Bank has been appointed as the investment and banking partner for WASH Innovation Hub (WIH) and amongst the core partner organizations. WIH is one of the only two water innovation hubs in the world. Bank has now been introduced to various industry participants and also has access to 700-plus innovators in the WaSH segment. Bank will provide its services to these innovators as innovations in this area will contribute to climate positively

CDP Questionnaire Response 2023