Lobbying Governance
Overall Assessment | Analysis | Score |
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Moderate |
Bank of India discloses a general framework that covers how it approaches policy advocacy within its wider Business Responsibility and Sustainability (BRS) programme, indicating a moderate level of lobbying governance. It states that “The Bank, while pursuing policy advocacy, will ensure that the advocacy positions are consistent with the Principles and Core Elements contained in National Voluntary Guidelines,” signalling an explicit commitment to align any lobbying positions with predefined sustainability principles. Oversight responsibilities are clearly assigned: “The Board of Directors retain ultimate responsibility for the Bank’s Business Responsibility and Sustainability … and thereby have the overseeing responsibility for the management of the Bank’s BRS,” and a dedicated “Business Responsibility and Sustainability Sub Committee” is charged with reviewing disclosures before publication. Day-to-day implementation is delegated to a named official, as “The designated Nodal Officer of the Bank shall have a direct reporting line to Managing Director & CEO and Executive Directors and be responsible for ensuring effective implementation of the BRS policy.” While these disclosures identify a policy alignment requirement, specify senior oversight bodies, and name an accountable officer, the company does not disclose a detailed process for monitoring or auditing lobbying activities, provides no climate-specific alignment criteria, and offers no evidence of reviewing or managing positions taken by trade associations, which limits transparency on how alignment is enforced in practice.
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