Direct Lobbying Transparency
Overall Assessment | Comment | Score |
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Moderate | Alliance Bank Malaysia Bhd provides a reasonable level of transparency on its climate-policy engagement. It identifies several specific regulatory initiatives it interacts with, including Bank Negara Malaysia’s “Climate Change and Principle-based Taxonomy (CCPT),” the central bank’s “Policy Document on Climate Risk Management and Scenario Analysis (CRMSA),” and its contribution to the “Financial Sector Blueprint 2022–2026,” and it also acknowledges the implications of the EU Carbon Border Adjustment Mechanism for its clients. The bank is clear about how it seeks to influence these frameworks, outlining multiple formal channels: participation in the Joint Committee on Climate Change (JC3) Sub-Committee 1 – Risk Management, membership of the CCPT Implementation Group, and involvement in the JC3 SME Focus Group, with senior personnel such as the Head of Sustainability and the CEO of Alliance Islamic Bank serving as its representatives. These disclosures show who the bank engages and the institutional forums it uses, demonstrating a high degree of clarity on lobbying mechanisms and targets (principally Bank Negara Malaysia and the JC3 platform). By contrast, the bank is far less specific about the outcomes it wants to achieve; apart from broad aspirations such as “supporting Malaysia’s Nationally Determined Contribution” and helping clients “transition to a greener economy,” it does not spell out the concrete policy changes, amendments or quantitative goals it advocates. Overall, the company is moderately transparent: it names the key policies it touches and the forums through which it engages regulators, but it stops short of detailing the precise legislative or regulatory outcomes it seeks. | 2 |