Lobbying Governance
Overall Assessment | Analysis | Score |
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Limited |
IDBI Bank Ltd states its intention to ‘engage in public advocacy process in a responsible and ethical way by participating in discussions with the governments, policymakers, regulators, industry bodies/trade associations and other stakeholders on matters related to ESG,’ and it assigns oversight of ESG-related advocacy to its CSR & ESG Committee of the Board, which ‘will be responsible for oversight and implementation of ESG initiatives.’ The bank further explains that its ‘Management Committee of CSR & ESG (MCCSR & ESG) of the Bank, comprising of senior executives, will be responsible for monitoring the performance under stated objectives on a periodic basis.’ These disclosures indicate that the bank’s public advocacy is subject to board-level oversight and recurring performance monitoring. However, the company does not disclose any specific policymaking or review process for ensuring alignment of its lobbying activities with climate or broader policy goals, nor does it identify an individual owner or criteria for managing positions of trade associations. We found no evidence of a dedicated climate lobbying governance framework or mechanisms for indirect lobbying alignment.
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