Lobbying Governance
Overall Assessment | Analysis | Score |
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None |
Malayan Banking Bhd does not disclose any governance process for its lobbying activities. The company highlights that "Sustainability KPIs are incorporated into the organisation’s performance setting (scorecard) and adopted by Group EXCO members, impacting executive remuneration" and that "ESG oversight by BOD with KPIs embedded into the Group’s and EXCO’s scorecards"; it also states that "Climate Risk will be governed by our Group Climate Risk Policy, which is guided by the TCFD and BNM’s Exposure Draft on Climate Risk Management & Scenario Analysis" and explains that "Maybank’s Group Sustainability (“GS”) spearheads the development and maintenance of the Framework" which "will be reviewed and updated by GS on an annual basis, and subsequently approved by the Group’s EXCO Sustainability Committee (“ESC")". However, we found no evidence of any governance framework specifically addressing its lobbying or political advocacy activities, including no mention of how direct or indirect lobbying is monitored, managed, aligned, or overseen by any individual or committee.
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E |