Direct Lobbying Transparency
| Overall Assessment | Comment | Score |
|---|---|---|
| Moderate | HDFC Bank provides a moderate level of transparency around its climate-policy lobbying. It names two concrete initiatives it has worked on—the Reserve Bank of India’s July 2022 “Consultation Paper on Climate Risk and Sustainability” and the Government of India’s “Green Energy Open Access Rules 2022”—making it clear which measures are the focus of its engagement. The bank also explains how it engages, noting that it “provided inputs on the consultation paper” directly to the RBI and that it has been working with state authorities to resolve barriers to the adoption of the Open Access Rules, demonstrating at least two identifiable mechanisms and policymaking targets. On desired outcomes it states its objective of enabling greater procurement of renewable power under the Open Access framework and indicates that it “supports [the policy] with no exceptions” and is aligned with the Paris Agreement; however, it offers only limited detail on what specific changes it sought in the RBI consultation or other measurable policy amendments. Together, these disclosures give a useful but incomplete picture of the bank’s climate lobbying activities. | 2 |