Credicorp Ltd

Lobbying Transparency and Governance

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Direct Lobbying Transparency
Overall Assessment Comment Score
Strong Credicorp provides robust detail on its climate-policy lobbying by clearly identifying three discrete initiatives—its work on the Green Protocol with the Ministry of the Environment and financial associations, its "Development of the national green taxonomy" in Peru, and its advocacy to require "all companies regulated by the Superintendency of the Securities Market publish, annually and together with their Annual Report, the answers to a questionnaire on sustainability issues"—offering sufficient context and scope for each. The company discloses a variety of lobbying mechanisms and targets, including meetings convened by the Association of Banks, work tables alongside the Ministry of the Environment, technical contributions to regulatory development, and indirect engagement through its membership in the Peruvian Responsible Investment Program and with the Peruvian Superintendency of the Securities Market. It articulates clear objectives to promote climate finance, integrate environmental considerations into its risk management framework, and improve operational efficiency and environmental performance, while specifying a concrete outcome—mandatory annual sustainability disclosures for regulated entities—though its broader aspirations remain more general. 3
Lobbying Governance
Overall Assessment Comment Score
None Credicorp Ltd does not disclose any climate lobbying governance or alignment procedures. In response to whether it has a "public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement," the company answered "No, and we do not plan to have one in the next two years." We found no evidence of any policy or process to govern its direct or indirect lobbying activities, nor any named individual or committee that oversees or reviews alignment with climate or Paris Agreement objectives, indicating an absence of transparency and accountability in its lobbying governance. 0