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Overall Assessment |
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Limited |
IDBI Bank provides only limited insight into its climate-related lobbying. The bank states that it will “effectively leverage its public advocacy platforms to promote integration and implementation of ESG norms/guidelines in the banking space,” signalling an intention to engage regulators and industry bodies, but it does not identify any specific climate laws or regulations it has attempted to influence. Its description of how it lobbies is equally high-level: it refers to “participating in discussions with governments, policymakers, regulators, and industry bodies,” yet offers no detail on the format of those discussions or which jurisdictions or agencies are approached. Finally, the outcomes it seeks remain broad, framed merely as advancing ESG norms rather than setting out concrete legislative changes or targets. As a result, the disclosure leaves readers without clarity on which climate policies the bank engages on, how it does so, or the precise policy results it is pursuing.
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Overall Assessment |
Comment |
Score |
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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