Examination of sustainability reporting practices in Indian banking sector

Kumar, Kishore; Prakash, Ajai

doi:10.1186/s41180-018-0022-2

Asian Journal of Sustainability and Social Responsibility

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
Statements	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

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