Direct Lobbying Transparency
Overall Assessment | Comment | Score |
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Moderate | Bangkok Bank provides a reasonable level of transparency about the climate-related policy issues it engages on. It names several identifiable frameworks or initiatives it has helped shape, including the Industry Handbook on Internalising Environmental and Climate Change Aspects into Financial Institution Business for Banks that was developed in response to Bank of Thailand guidance, the Thai Bankers’ Association ESG Declaration signed in 2022, and the Bangkok Goals on Bio-Circular-Green Economy pledge endorsed by the 2022 APEC Leaders’ Summit, as well as broader support for the Thai government’s BCG economy strategy. The bank also explains the channels it uses to influence policy: senior executives sit on the Climate Change Sub-Working Group of the Joint Standing Committee on Commerce, Industry and Banking, take part in the Sustainability Working Group of the Thai Bankers’ Association, and participate in other committees that provide recommendations directly to the Bank of Thailand and other government agencies. These disclosures identify multiple mechanisms and at least one concrete policymaking target, although most government targets are described generically as “government agencies.” On intended outcomes, the bank states that its advocacy is aimed at helping Thailand achieve net-zero emissions and carbon neutrality by 2050, at encouraging renewable-energy investment and at embedding environmental and climate factors into banking supervision, but it does not set out specific legislative amendments or measurable policy changes it wishes to see. Overall, the information gives a moderate yet incomplete picture of the bank’s climate lobbying activities. | 2 |