Banco de Credito e Inversiones SA

Lobbying Transparency and Governance

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Direct Lobbying Transparency
Overall Assessment Comment Score
Limited Banco de Crédito e Inversiones provides only limited insight into its climate-related lobbying. The bank references its intention to support "public policies aligned with the national commitment" to the Paris Agreement and Chile’s 2050 goals, but it does not name any specific bill, regulation, or rule it has engaged on, so readers cannot see which measures it tries to influence. Its description of how it lobbies is equally high-level: the bank says it collaborates with "associations gremiales and entities sin fines de lucro" yet offers no detail on whether this involves direct meetings, written submissions, or other channels, nor does it identify the government bodies or officials it approaches. Finally, the bank’s outcomes remain general—aligning its strategy with national climate commitments—without spelling out the concrete policy changes, targets, or amendments it seeks. This lack of specificity across policy focus, methods, and desired results means its disclosure gives only a rudimentary picture of its climate lobbying activity. 1
Lobbying Governance
Overall Assessment Comment Score
Limited Banco de Crédito e Inversiones provides only limited insight into how it governs its policy engagement. The disclosure notes that “la Gerencia de Asuntos Corporativos y Sostenibilidad es la encargada de diagnosticar, crear, gestionar, articular y mantener las relaciones con los grupos de interés y la comunidad,” indicating that this Corporate Affairs & Sustainability Management Office has day-to-day responsibility for external relations, which would encompass lobbying activities. It also states that the bank holds “Audiencias en el marco de la Ley del Lobby y la Ley de Transparencia” and keeps “Meeting records in compliance with the Lobbying Act and the Transparency Act,” showing it records and files lobbying meetings as required by law. However, the company does not disclose any internal process describing how lobbying positions are reviewed, monitored or aligned with its climate strategy, nor does it mention assessing or managing the positions of trade associations; references to climate are limited to a general statement that “nuestra estrategia climática se alinea al Acuerdo de París,” with no explanation of how this alignment is ensured in its advocacy work. No specific board-level body, named executive, or periodic review mechanism is discussed, and there is no mention of auditing or correcting misaligned lobbying. As a result, the available information signals that some oversight exists via the Corporate Affairs & Sustainability team, but the broader governance framework for ensuring that direct or indirect lobbying supports the bank’s climate goals is not disclosed. 1