Lobbying Governance
Overall Assessment | Analysis | Score |
---|---|---|
None |
Bank of Cyprus has put in place an extensive framework for overseeing ESG and climate-related risks, with its Sustainability Committee “chaired by the Bank’s CEO” that “guides and reviews the development of the Bank’s ESG strategy” and ensures “the implementation of the Group’s ESG & Climate strategy,” supported by the Risk Committee, which is tasked with “identifying, assessing, controlling and monitoring ... ESG including C&E risks” and the Nominations and Corporate Governance Committee that “oversees the Sustainability Committee’s implementation and progress of the ESG working plan.” While these disclosures illustrate a strong governance structure for managing environmental and climate-related risks and objectives, we found no evidence of any governance process for lobbying or policy engagement, whether direct or indirect, nor any mention of oversight mechanisms, review processes, or responsible individuals for ensuring that lobbying activities align with the bank’s climate or broader ESG goals.
View Sources
|
E |