SCB X PCL – Lobbying Governance & Transparency

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Lobbying Governance

Overall Assessment	Analysis	Score
None	SCB X PCL appears not to disclose any governance processes specific to lobbying activities, whether direct or indirect, or how such activities are aligned with its ESG or climate objectives. Instead, the company focuses on risk management, noting that “the governance structure for managing ESG risks [is] integrated into the enterprise risk management system, operating within the ESG Risk Management Framework” and that oversight is provided by the “Risk Oversight Committee and the Risk Management Committee,” with the “Board of Directors, executives, and related functions assume pivotal roles in overseeing ESG risks.” We found no evidence of policies, review procedures, or designated individuals or bodies tasked with overseeing lobbying alignment, nor any mention of mechanisms to monitor or manage lobbying activities in relation to company goals. View Sources	0

Overall Assessment

Analysis

Score

None

SCB X PCL appears not to disclose any governance processes specific to lobbying activities, whether direct or indirect, or how such activities are aligned with its ESG or climate objectives. Instead, the company focuses on risk management, noting that “the governance structure for managing ESG risks [is] integrated into the enterprise risk management system, operating within the ESG Risk Management Framework” and that oversight is provided by the “Risk Oversight Committee and the Risk Management Committee,” with the “Board of Directors, executives, and related functions assume pivotal roles in overseeing ESG risks.” We found no evidence of policies, review procedures, or designated individuals or bodies tasked with overseeing lobbying alignment, nor any mention of mechanisms to monitor or manage lobbying activities in relation to company goals.

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Lobbying Transparency

Overall Assessment	Analysis	Score
None	SCB X PCL provides virtually no visibility into its climate-related lobbying. The company does not name any climate laws, regulations or policy processes it has tried to influence, instead referring only to broad frameworks such as the Paris Agreement and SBTi. It likewise offers no description of the mechanisms or channels—direct meetings, letters, public consultations, industry associations—through which it might lobby policymakers; its disclosures are confined to customer-facing initiatives and participation in reporting frameworks. Finally, while it cites internal objectives such as “We aim to reduce GHG emissions by 10% in 2024, and achieve a 50% reduction by 2027” and notes that “We have engaged with over 200 corporate banking customers to assess their GHG accounting and reduction ambitions,” these statements relate to the company’s operational strategy, not to any external policy outcomes it seeks to secure. As a result, there is no evidence that the company articulates the specific public-policy changes it supports or opposes. Overall, the disclosures reveal no meaningful information about climate lobbying activities.	0