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Select an assessment year:

  • Overall approach
    0/10
    • Overarching commitment on deforestation
      0/6
    • Deforestation as a business risk
      0/2
    • Target to reduce emissions in scope 1/2
    • Company must have anti-corruption policy
      0/2
  • Commodity score
    6/90
    • Beef & Leather
      0/90
      • Commitment Strength
        0/31
        • Commodity-specific deforestation financing policy
          0/9.6
          • Commitment details
            No commitment
            0/8
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must be legally operated
          0/4.6
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must monitor operations
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        0/27
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        0/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          No
          0/2
        • Monitoring and non-compliance process
          No
          0/5
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
    • Palm oil
      15/90
      • Commitment Strength
        9/31
        • Commodity-specific deforestation financing policy
          4.8/9.6
          • Commitment details
            Certification
            4/8
            Commitment details
            Certification
            4/8
            "In any case, eligible assets/projects exclude the type of projects listed in the IFC Exclusion List (2007)3 , as well as the following industry categories: [...] Untraceable and non-RSPO certified palm oil"; "ABC Singapore Branch’s Framework does not explicitly require that financing provided to palm oil refineries and mills be provided only to those that source 100% of their palm oil from RSPO-certified sources. Sustainalytics considers this a limitation and encourages ABC Singapore Branch to ensure that financing is directly only to mills and refineries that meet this criterion."
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
            Only required of the ABC Singapore branch - "In any case, eligible assets/projects exclude the type of projects listed in the IFC Exclusion List (2007)3 , as well as the following industry categories: [...] Untraceable and non-RSPO certified palm oil"; "ABC Singapore Branch’s Framework does not explicitly require that financing provided to palm oil refineries and mills be provided only to those that source 100% of their palm oil from RSPO-certified sources. Sustainalytics considers this a limitation and encourages ABC Singapore Branch to ensure that financing is directly only to mills and refineries that meet this criterion."
          • Policy applies to all deals
            No
            0/0.4
            Policy applies to all deals
            No
            0/0.4
            company must be a "pure play" company and have 90% or more made up from the eligible category - "Where a client derives 90% or more of revenues from activities in Eligible Categories (i.e essentially pure play companies) it will be considered as eligible for financing under the ABC Singapore Branch Sustainable Financing Framework. In these instances, the Use of Proceeds can be used by the branch’s clients for general purposes, so long as this financing does not fund expansion into activities falling outside the Eligible Categories. For the avoidance of doubt, general corporate purpose loans are excluded unless it is by pure play companies. As lending to the agricultural sector tends to be at corporate level rather than project financing, ABC Singapore Branch will only apportion the amount of funding to the category “environmentally sustainable management of living natural resources and land use” according to the eligibility criteria specified in the Framework in Table 1.1 through direct engagement with its clients and/or public disclosure."; "In any case, eligible assets/projects exclude the type of projects listed in the IFC Exclusion List (2007)3 , as well as the following industry categories: [...] Untraceable and non-RSPO certified palm oil"; "ABC Singapore Branch’s Framework does not explicitly require that financing provided to palm oil refineries and mills be provided only to those that source 100% of their palm oil from RSPO-certified sources. Sustainalytics considers this a limitation and encourages ABC Singapore Branch to ensure that financing is directly only to mills and refineries that meet this criterion."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "In any case, eligible assets/projects exclude the type of projects listed in the IFC Exclusion List (2007)3 , as well as the following industry categories: [...] Untraceable and non-RSPO certified palm oil"; "ABC Singapore Branch’s Framework does not explicitly require that financing provided to palm oil refineries and mills be provided only to those that source 100% of their palm oil from RSPO-certified sources. Sustainalytics considers this a limitation and encourages ABC Singapore Branch to ensure that financing is directly only to mills and refineries that meet this criterion."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "In any case, eligible assets/projects exclude the type of projects listed in the IFC Exclusion List (2007)3 , as well as the following industry categories: [...] Untraceable and non-RSPO certified palm oil"; "ABC Singapore Branch’s Framework does not explicitly require that financing provided to palm oil refineries and mills be provided only to those that source 100% of their palm oil from RSPO-certified sources. Sustainalytics considers this a limitation and encourages ABC Singapore Branch to ensure that financing is directly only to mills and refineries that meet this criterion."
        • Companies must be legally operated
          0/4.6
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must monitor operations
          4.6/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            Type of policy: Assurance mechanism

            Certification scheme (if applicable): RSPO certification
            ABC Singapore branch does not invest in companies which - "Exclusion Categories In any case, eligible assets/projects exclude the type of projects listed in the IFC Exclusion List (2007)3 , as well as the following industry categories: [...]  Agricultural or afforestation operations located on land designated as primary forest, rich biodiversity, high conservation value areas, or legally preserved areas;  Untraceable and non-RSPO certified palm oil"
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
            only required of ABC Singapore branch - "The Sustainable Financing Framework has been developed for ABC Singapore Branch as the guiding document to enter into any financing instruments such as loans, public bonds and private placements, or other debt to finance or refinance new or existing eligible green, social or sustainable projects/clients/assets with strict adherence to: [...] Exclusion Categories In any case, eligible assets/projects exclude the type of projects listed in the IFC Exclusion List (2007)3 , as well as the following industry categories: [...]  Agricultural or afforestation operations located on land designated as primary forest, rich biodiversity, high conservation value areas, or legally preserved areas;  Untraceable and non-RSPO certified palm oil"
          • Policy applies to all deals
            No
            0/0.4
            Policy applies to all deals
            No
            0/0.4
            company must be a "pure play" company and have 90% or more made up from the eligible category - "Where a client derives 90% or more of revenues from activities in Eligible Categories (i.e essentially pure play companies) it will be considered as eligible for financing under the ABC Singapore Branch Sustainable Financing Framework. In these instances, the Use of Proceeds can be used by the branch’s clients for general purposes, so long as this financing does not fund expansion into activities falling outside the Eligible Categories. For the avoidance of doubt, general corporate purpose loans are excluded unless it is by pure play companies. As lending to the agricultural sector tends to be at corporate level rather than project financing, ABC Singapore Branch will only apportion the amount of funding to the category “environmentally sustainable management of living natural resources and land use” according to the eligibility criteria specified in the Framework in Table 1.1 through direct engagement with its clients and/or public disclosure." [....] "Exclusion Categories In any case, eligible assets/projects exclude the type of projects listed in the IFC Exclusion List (2007)3 , as well as the following industry categories: [...]  Agricultural or afforestation operations located on land designated as primary forest, rich biodiversity, high conservation value areas, or legally preserved areas;  Untraceable and non-RSPO certified palm oil"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Exclusion Categories In any case, eligible assets/projects exclude the type of projects listed in the IFC Exclusion List (2007)3 , as well as the following industry categories: [...]  Agricultural or afforestation operations located on land designated as primary forest, rich biodiversity, high conservation value areas, or legally preserved areas;  Untraceable and non-RSPO certified palm oil"
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "Exclusion Categories In any case, eligible assets/projects exclude the type of projects listed in the IFC Exclusion List (2007)3 , as well as the following industry categories: [...]  Agricultural or afforestation operations located on land designated as primary forest, rich biodiversity, high conservation value areas, or legally preserved areas;  Untraceable and non-RSPO certified palm oil"
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        4/27
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          4.6/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            "Where a client derives 90% or more of revenues from activities in Eligible Categories (i.e essentially pure play companies) it will be considered as eligible for financing under the ABC Singapore Branch Sustainable Financing Framework. In these instances, the Use of Proceeds can be used by the branch’s clients for general purposes, so long as this financing does not fund expansion into activities falling outside the Eligible Categories. For the avoidance of doubt, general corporate purpose loans are excluded unless it is by pure play companies. As lending to the agricultural sector tends to be at corporate level rather than project financing, ABC Singapore Branch will only apportion the amount of funding to the category “environmentally sustainable management of living natural resources and land use” according to the eligibility criteria specified in the Framework in Table 1.1 through direct engagement with its clients and/or public disclosure." [....] "Agricultural practices and systems to improve traceability in supply chain such as direct (“close to farmer”) sourcing to further combat deforestation and land abuse such as by using credible monitoring groups like Control Union Certification, installation of IT and real time monitoring systems that manage fire and haze, large scale supply chain audits, smallholder certification and capacity building with smallholders at plantation level"
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
            Just applies to Singapore branch of main bank -"Agricultural practices and systems to improve traceability in supply chain such as direct (“close to farmer”) sourcing to further combat deforestation and land abuse such as by using credible monitoring groups like Control Union Certification, installation of IT and real time monitoring systems that manage fire and haze, large scale supply chain audits, smallholder certification and capacity building with smallholders at plantation level"
          • Policy applies to all deals
            No
            0/0.4
            Policy applies to all deals
            No
            0/0.4
            company must be a "pure play" company and have 90% or more made up from the eligible category - "Where a client derives 90% or more of revenues from activities in Eligible Categories (i.e essentially pure play companies) it will be considered as eligible for financing under the ABC Singapore Branch Sustainable Financing Framework. In these instances, the Use of Proceeds can be used by the branch’s clients for general purposes, so long as this financing does not fund expansion into activities falling outside the Eligible Categories. For the avoidance of doubt, general corporate purpose loans are excluded unless it is by pure play companies. As lending to the agricultural sector tends to be at corporate level rather than project financing, ABC Singapore Branch will only apportion the amount of funding to the category “environmentally sustainable management of living natural resources and land use” according to the eligibility criteria specified in the Framework in Table 1.1 through direct engagement with its clients and/or public disclosure." [....]"Agricultural practices and systems to improve traceability in supply chain such as direct (“close to farmer”) sourcing to further combat deforestation and land abuse such as by using credible monitoring groups like Control Union Certification, installation of IT and real time monitoring systems that manage fire and haze, large scale supply chain audits, smallholder certification and capacity building with smallholders at plantation level"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            company must be a "pure play" company and have 90% or more made up from the eligible category - "Where a client derives 90% or more of revenues from activities in Eligible Categories (i.e essentially pure play companies) it will be considered as eligible for financing under the ABC Singapore Branch Sustainable Financing Framework. In these instances, the Use of Proceeds can be used by the branch’s clients for general purposes, so long as this financing does not fund expansion into activities falling outside the Eligible Categories. For the avoidance of doubt, general corporate purpose loans are excluded unless it is by pure play companies. As lending to the agricultural sector tends to be at corporate level rather than project financing, ABC Singapore Branch will only apportion the amount of funding to the category “environmentally sustainable management of living natural resources and land use” according to the eligibility criteria specified in the Framework in Table 1.1 through direct engagement with its clients and/or public disclosure." [....]"Agricultural practices and systems to improve traceability in supply chain such as direct (“close to farmer”) sourcing to further combat deforestation and land abuse such as by using credible monitoring groups like Control Union Certification, installation of IT and real time monitoring systems that manage fire and haze, large scale supply chain audits, smallholder certification and capacity building with smallholders at plantation level"
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "Where a client derives 90% or more of revenues from activities in Eligible Categories (i.e essentially pure play companies) it will be considered as eligible for financing under the ABC Singapore Branch Sustainable Financing Framework. In these instances, the Use of Proceeds can be used by the branch’s clients for general purposes, so long as this financing does not fund expansion into activities falling outside the Eligible Categories. For the avoidance of doubt, general corporate purpose loans are excluded unless it is by pure play companies. As lending to the agricultural sector tends to be at corporate level rather than project financing, ABC Singapore Branch will only apportion the amount of funding to the category “environmentally sustainable management of living natural resources and land use” according to the eligibility criteria specified in the Framework in Table 1.1 through direct engagement with its clients and/or public disclosure." [....] "Agricultural practices and systems to improve traceability in supply chain such as direct (“close to farmer”) sourcing to further combat deforestation and land abuse such as by using credible monitoring groups like Control Union Certification, installation of IT and real time monitoring systems that manage fire and haze, large scale supply chain audits, smallholder certification and capacity building with smallholders at plantation level"
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        1/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          in relation to the Sustainable Financing Framework for Agricultural Bank of China Limited, Singapore Branch - "The SFWG’s role will be to:  Review, select and validate the pool of Eligible Sustainable Assets, based on the Framework;  Validate annual reporting;  Monitoring the on-going evolution related to the Sustainable Capital Markets in terms of disclosure/reporting in order to be in-line with market best practices; and Review the Sustainable Financing Framework to reflect any changes with regards to the bank and the branch’s sustainability strategies and initiatives"
        • Monitoring and non-compliance process
          No
          0/5
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
    • Soy
      0/90
      • Commitment Strength
        0/31
        • Commodity-specific deforestation financing policy
          0/9.6
          • Commitment details
            No commitment
            0/8
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must be legally operated
          0/4.6
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must monitor operations
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        0/27
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        0/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          No
          0/2
        • Monitoring and non-compliance process
          No
          0/5
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
    • Timber, Pulp & Paper
      10/90
      • Commitment Strength
        9/31
        • Commodity-specific deforestation financing policy
          4.8/9.6
          • Commitment details
            Certification
            4/8
            Commitment details
            Certification
            4/8
            "Where a client derives 90% or more of revenues from activities in Eligible Categories (i.e essentially pure play companies) it will be considered as eligible for financing under the ABC Singapore Branch Sustainable Financing Framework. In these instances, the Use of Proceeds can be used by the branch’s clients for general purposes, so long as this financing does not fund expansion into activities falling outside the Eligible Categories. For the avoidance of doubt, general corporate purpose loans are excluded unless it is by pure play companies. As lending to the agricultural sector tends to be at corporate level rather than project financing, ABC Singapore Branch will only apportion the amount of funding to the category “environmentally sustainable management of living natural resources and land use” according to the eligibility criteria specified in the Framework in Table 1.1 through direct engagement with its clients and/or public disclosure." [...] " Environmentally-sustainable forestry with certification to FSC, PEFC or equivalent, including afforestation or reforestation, and preservation or restoration of natural landscapes"
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
            only required of ABC Singapore branch - "The Sustainable Financing Framework has been developed for ABC Singapore Branch as the guiding document to enter into any financing instruments such as loans, public bonds and private placements, or other debt to finance or refinance new or existing eligible green, social or sustainable projects/clients/assets with strict adherence to: [...] " Environmentally-sustainable forestry with certification to FSC, PEFC or equivalent, including afforestation or reforestation, and preservation or restoration of natural landscapes"; (All operations) only required of ABC Singapore branch - "The Sustainable Financing Framework has been developed for ABC Singapore Branch as the guiding document to enter into any financing instruments such as loans, public bonds and private placements, or other debt to finance or refinance new or existing eligible green, social or sustainable projects/clients/assets with strict adherence to: [...] Exclusion Categories In any case, eligible assets/projects exclude the type of projects listed in the IFC Exclusion List (2007)3 , as well as the following industry categories: [...]  Agricultural or afforestation operations located on land designated as primary forest, rich biodiversity, high conservation value areas, or legally preserved areas [...] "Environmentally-sustainable forestry with certification to FSC, PEFC or equivalent, including afforestation or reforestation, and preservation or restoration of natural landscapes"
          • Policy applies to all deals
            No
            0/0.4
            Policy applies to all deals
            No
            0/0.4
            company must be a "pure play" company and have 90% or more made up from the eligible category - "Where a client derives 90% or more of revenues from activities in Eligible Categories (i.e essentially pure play companies) it will be considered as eligible for financing under the ABC Singapore Branch Sustainable Financing Framework. In these instances, the Use of Proceeds can be used by the branch’s clients for general purposes, so long as this financing does not fund expansion into activities falling outside the Eligible Categories. For the avoidance of doubt, general corporate purpose loans are excluded unless it is by pure play companies. As lending to the agricultural sector tends to be at corporate level rather than project financing, ABC Singapore Branch will only apportion the amount of funding to the category “environmentally sustainable management of living natural resources and land use” according to the eligibility criteria specified in the Framework in Table 1.1 through direct engagement with its clients and/or public disclosure." [....] " Environmentally-sustainable forestry with certification to FSC, PEFC or equivalent, including afforestation or reforestation, and preservation or restoration of natural landscapes"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Where a client derives 90% or more of revenues from activities in Eligible Categories (i.e essentially pure play companies) it will be considered as eligible for financing under the ABC Singapore Branch Sustainable Financing Framework. In these instances, the Use of Proceeds can be used by the branch’s clients for general purposes, so long as this financing does not fund expansion into activities falling outside the Eligible Categories. For the avoidance of doubt, general corporate purpose loans are excluded unless it is by pure play companies. As lending to the agricultural sector tends to be at corporate level rather than project financing, ABC Singapore Branch will only apportion the amount of funding to the category “environmentally sustainable management of living natural resources and land use” according to the eligibility criteria specified in the Framework in Table 1.1 through direct engagement with its clients and/or public disclosure." [...] " Environmentally-sustainable forestry with certification to FSC, PEFC or equivalent, including afforestation or reforestation, and preservation or restoration of natural landscapes"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Where a client derives 90% or more of revenues from activities in Eligible Categories (i.e essentially pure play companies) it will be considered as eligible for financing under the ABC Singapore Branch Sustainable Financing Framework. In these instances, the Use of Proceeds can be used by the branch’s clients for general purposes, so long as this financing does not fund expansion into activities falling outside the Eligible Categories. For the avoidance of doubt, general corporate purpose loans are excluded unless it is by pure play companies. As lending to the agricultural sector tends to be at corporate level rather than project financing, ABC Singapore Branch will only apportion the amount of funding to the category “environmentally sustainable management of living natural resources and land use” according to the eligibility criteria specified in the Framework in Table 1.1 through direct engagement with its clients and/or public disclosure." [...] " Environmentally-sustainable forestry with certification to FSC, PEFC or equivalent, including afforestation or reforestation, and preservation or restoration of natural landscapes"
        • Companies must be legally operated
          0/4.6
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must monitor operations
          4.6/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            Type of policy: Assurance mechanism

            Certification scheme (if applicable): FSC and PEFC
            ABC Singapore branch does not invest in companies which - "Exclusion Categories In any case, eligible assets/projects exclude the type of projects listed in the IFC Exclusion List (2007)3 , as well as the following industry categories: [...]  Agricultural or afforestation operations located on land designated as primary forest, rich biodiversity, high conservation value areas, or legally preserved areas" [...] "Environmentally-sustainable forestry with certification to FSC, PEFC or equivalent, including afforestation or reforestation, and preservation or restoration of natural landscapes"
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
            only required of ABC Singapore branch - "The Sustainable Financing Framework has been developed for ABC Singapore Branch as the guiding document to enter into any financing instruments such as loans, public bonds and private placements, or other debt to finance or refinance new or existing eligible green, social or sustainable projects/clients/assets with strict adherence to: [...] Exclusion Categories In any case, eligible assets/projects exclude the type of projects listed in the IFC Exclusion List (2007)3 , as well as the following industry categories: [...]  Agricultural or afforestation operations located on land designated as primary forest, rich biodiversity, high conservation value areas, or legally preserved areas [...] "Environmentally-sustainable forestry with certification to FSC, PEFC or equivalent, including afforestation or reforestation, and preservation or restoration of natural landscapes"
          • Policy applies to all deals
            No
            0/0.4
            Policy applies to all deals
            No
            0/0.4
            company must be a "pure play" company and have 90% or more made up from the eligible category - "Where a client derives 90% or more of revenues from activities in Eligible Categories (i.e essentially pure play companies) it will be considered as eligible for financing under the ABC Singapore Branch Sustainable Financing Framework. In these instances, the Use of Proceeds can be used by the branch’s clients for general purposes, so long as this financing does not fund expansion into activities falling outside the Eligible Categories. For the avoidance of doubt, general corporate purpose loans are excluded unless it is by pure play companies. As lending to the agricultural sector tends to be at corporate level rather than project financing, ABC Singapore Branch will only apportion the amount of funding to the category “environmentally sustainable management of living natural resources and land use” according to the eligibility criteria specified in the Framework in Table 1.1 through direct engagement with its clients and/or public disclosure." [....] "Exclusion Categories In any case, eligible assets/projects exclude the type of projects listed in the IFC Exclusion List (2007)3 , as well as the following industry categories: [...]  Agricultural or afforestation operations located on land designated as primary forest, rich biodiversity, high conservation value areas, or legally preserved areas [...] "Environmentally-sustainable forestry with certification to FSC, PEFC or equivalent, including afforestation or reforestation, and preservation or restoration of natural landscapes""
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Exclusion Categories In any case, eligible assets/projects exclude the type of projects listed in the IFC Exclusion List (2007)3 , as well as the following industry categories: [...]  Agricultural or afforestation operations located on land designated as primary forest, rich biodiversity, high conservation value areas, or legally preserved areas [...] "Environmentally-sustainable forestry with certification to FSC, PEFC or equivalent, including afforestation or reforestation, and preservation or restoration of natural landscapes"
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "Where a client derives 90% or more of revenues from activities in Eligible Categories (i.e essentially pure play companies) it will be considered as eligible for financing under the ABC Singapore Branch Sustainable Financing Framework. In these instances, the Use of Proceeds can be used by the branch’s clients for general purposes, so long as this financing does not fund expansion into activities falling outside the Eligible Categories. For the avoidance of doubt, general corporate purpose loans are excluded unless it is by pure play companies. As lending to the agricultural sector tends to be at corporate level rather than project financing, ABC Singapore Branch will only apportion the amount of funding to the category “environmentally sustainable management of living natural resources and land use” according to the eligibility criteria specified in the Framework in Table 1.1 through direct engagement with its clients and/or public disclosure." [....] "Exclusion Categories In any case, eligible assets/projects exclude the type of projects listed in the IFC Exclusion List (2007)3 , as well as the following industry categories: [...]  Agricultural or afforestation operations located on land designated as primary forest, rich biodiversity, high conservation value areas, or legally preserved areas [...] "Environmentally-sustainable forestry with certification to FSC, PEFC or equivalent, including afforestation or reforestation, and preservation or restoration of natural landscapes"
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        0/27
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        1/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          in relation to the Sustainable Financing Framework for Agricultural Bank of China Limited, Singapore Branch - "The SFWG’s role will be to:  Review, select and validate the pool of Eligible Sustainable Assets, based on the Framework;  Validate annual reporting;  Monitoring the on-going evolution related to the Sustainable Capital Markets in terms of disclosure/reporting in order to be in-line with market best practices; and Review the Sustainable Financing Framework to reflect any changes with regards to the bank and the branch’s sustainability strategies and initiatives"
        • Monitoring and non-compliance process
          No
          0/5
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
  • Commitment strength
    5/31
    Avg. score
  • Reporting and Implementation
    1/31
    Avg. score
  • Social considerations
    1/28
    Avg. score

Profile

Agricultural Bank of China Ltd. are a bank headquartered in China serving corporate and private clients. Their services include personal, investment, private and retail banking, asset management, wealth management, loans, cash management, and trading and financial market services. As of 2017, their total assets amount to more than 20 trillion RMB with over 10 trillion RMB worth of loans. Agricultural Bank of China Ltd. are among the top lenders to Forest 500 companies, with loans across a broad range of forest risk sectors.

HQ
HQ 
China
Financial institution type
Financial institution type 
Bank

How we assess the Forest 500

Investors and lenders need to adopt and implement strong deforestation policies that ensure their investments are not funding the destruction of forests.

All assessments use policies published on financial institution websites, some links may have changed or been removed since the time of assessment.

Disclaimer

This assessment has been carried out following the methodology developed for the Forest 500 project, available here. Please see our disclaimer applicable to all information contained within this site and our terms and conditions for use of data presented on this site.

All assessments use policies published on company and financial institution websites, and while we endeavor to keep them updated some links may have changed or been removed since the time of assessment.

Please contact us with any concerns or feedback about this or other assessments included in the Forest 500.