Direct Lobbying Transparency
Overall Assessment | Comment | Score |
---|---|---|
Comprehensive | Yes Bank provides thorough and specific information on every aspect of its climate-policy advocacy. It lists several concrete policy initiatives it has engaged on, including the Indian Banking Association’s "Green Finance Taxonomy for Banks," "Transition Finance" guidance, and state-level measures such as West Bengal’s electric-vehicle policy and the roadmap for Himachal Pradesh’s EV charging infrastructure, and states that it "Support[s] with no exceptions" these climate-related measures. The bank is equally clear about how and where it lobbies: it sits on the IBA Standing Committee on Environmental, Social and Governance, participates in IBA working groups, and has "worked with Department of Power, West Bengal" and "the Department of Transport, Himachal Pradesh," demonstrating both indirect (industry-association) and direct engagements with specifically identified government bodies. Finally, it discloses the precise objectives of these efforts, such as "developing recommendation/suggestions for mainstreaming green/transition finance for policy makers/regulators/other stakeholders," assisting the state of West Bengal in drafting its EV policy, and preparing the EV charging roadmap for Himachal Pradesh. By naming the policies, the mechanisms and targets, and the concrete outcomes it seeks, the bank demonstrates a comprehensive level of transparency around its climate-related lobbying activities. | 4 |