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Table 2 Principle-wise disclosure of NVGs by the banks in India (Figures in percentage, of number of PSBs = 21, number of private sector banks = 21)

From: Examination of sustainability reporting practices in Indian banking sector

Statements P 1 Business Ethics P2 Product Responsibility P3 Well Being of Employees P4 Stakeholder Engagement P5 Human Rights P6 Environment P7 Public Policy P8 Inclusive Growth P9 Customer Relations
PSB Pvt.SB PSB Pvt.SB PSB Pvt.SB PSB Pvt.SB PSB Pvt.SB PSB Pvt.SB PSB Pvt.SB PSB Pvt.SB PSB Pvt.SB
1. Policy/policies for each principle of NVGs 95.5 52.4 95.2 42.9 95.2 52.4 95.2 52.4 95.2 52.4 95.2 52.4 71.4 19 95.2 52.4 95.2 52.4
2. Policy being formulated in consultation with the relevant stakeholders. 95.2 52.4 95.2 42.9 95.2 52.4 95.2 52.4 95.2 52.4 95.2 52.4 71.4 19 95.2 52.4 95.2 52.4
3. Policy conforms to any national /international standards 95.2 52.4 90.4 42.9 90.4 52.4 90.4 52.4 90.4 52.4 90.4 52.4 76.2 19 90.4 52.4 90.4 52.4
4. Policy being approved by the Board 95.2 52.4 90.4 42.9 90.4 52.4 90.4 52.4 90.4 52.4 90.4 52.4 76.2 19 90.4 52.4 90.4 52.4
5. Company have a specified committee of the Board/Official to oversee the implementation of the policy 95.2 52.4 95.2 42.9 95.2 52.4 95.2 52.4 95.2 52.4 95.2 52.4 76.2 19 95.2 52.4 95.2 52.4
6. Indication of link for the policy to be viewed online. 95.2 52.4 85.7 42.9 85.7 47.6 85.7 52.4 85.7 52.4 85.7 52.4 76.2 19 90.4 52.4 95.2 52.4
7. Policy been formally communicated to all relevant internal & external stakeholders 95.2 52.4 95.2 38.1 95.2 52.4 90.4 52.4 95.2 52.4 95.2 52.4 71.4 19 90.4 52.4 95.2 52.4
8. Banks have in-house structure to implement the policy. 95.2 52.4 95.2 42.9 95.2 52.4 95.2 52.4 95.2 52.4 95.2 52.4 71.4 19 95.2 52.4 95.2 52.4
9. Banks have a grievance redressal mechanism to address stakeholders’ grievances related to the policy. 95.2 52.4 95.2 38.1 95.2 52.4 95.2 47.6 95.2 47.61 95.2 52.4 71.4 14.28 95.2 47.61 95.2 52.4
10. Banks carried out independent. Audit/evaluation of the working of this policy by an internal or external agency. 42.9 52.4 42.9 42.9 42.9 52.4 42.9 52.4 42.9 47.61 38.1 52.4 76.2 19 42.9 47.61 33.3 52.4