Commercial International Bank - Egypt (CIB)

Sign up to access all our data and the evidence and analysis underlying our overall scores. Once you've created an account, we'll get in touch with further details:

Sign Up

Direct Lobbying Transparency

Overall Assessment	Comment	Score
Moderate	Commercial International Bank – Egypt offers a moderate degree of transparency around its climate-policy lobbying. It clearly names three specific regulations it has engaged on – the Central Bank of Egypt Sustainable Finance Principles, the Egyptian Financial Regulatory Authority’s mandatory ESG and climate-disclosure rule, and the Authority’s Green Bond Guidelines – providing concrete insight into the policy agenda it follows. The bank acknowledges that it “regularly consult[s] with policy makers in government and regulatory bodies such as the Central Bank of Egypt, Egyptian Stock Exchange, among others,” and also cites engagement with the Environmental Affairs Agency, the Ministry of Agriculture and the Financial Regulatory Authority; however, it does not disclose whether these consultations take the form of meetings, written submissions, partnerships or other channels, leaving the lobbying mechanisms only broadly described. Regarding objectives, CIB outlines high-level aspirations such as directing its green-bond programme toward renewable energy, energy-efficiency, green buildings and resource-efficiency projects, and seeks to increase the share of renewables in Egypt’s energy mix and mainstream green buildings, but it stops short of detailing the specific legislative amendments or quantitative targets it advocates. Overall, the bank is explicit about which climate-related rules it addresses but provides limited information on how it lobbies and the precise outcomes it pursues.	2

Lobbying Governance

Overall Assessment	Comment	Score
None	CIB has disclosed a detailed sustainability governance framework, noting that it has established a “Board Sustainability Committee” that “approves CIB’s sustainability framework, strategies, policies, international affiliations, and memberships,” convening quarterly to oversee all sustainability-related efforts, and a “Sustainable Finance Steering Committee” that “includes Board and Executive Management representation” to “guide, empower, and monitor the Sustainable Finance department in line with CIB’s business needs and international best practices.” The bank also emphasizes leadership by its Chief Sustainability Officer, who “drives the development of the Bank’s sustainability infrastructure,” and the creation of a “sustainability strategic network of focal points” to ensure interlinkages across departments. The bank further indicates a public commitment to “conduct your engagement activities in line with the goals of the Paris Agreement.” However, we found no evidence of any governance process specifically overseeing or aligning either its direct lobbying activities or its indirect policy engagement through trade or industry associations with its climate-related objectives or the Paris Agreement goals.	0