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Select an assessment year:

  • Overall approach
    11/16
    • Overarching commitment on deforestation
      10/14
      Deforestation commitment
      Zero net deforestation
      10/14
      "Barclays has also adopted the Banking Environment Initiative’s Soft Commodities Compact3 , which commits us to helping our corporate clients in a number of sectors including forestry, pulp and paper and palm oil achieve zero net deforestation by 2020."
    • Company must have anti-corruption policy
      1/2
      Anti-corruption
      Policy prohibiting abusive tax arrangements
      1/2
      "Barclays is committed to: Dealing only with customers who have appropriately declared their assets to the relevant tax authorities..."
  • Commodity score
    29/64
    • Beef & Leather
      8/64
      • Commitment Strength
        8/42
        • Commodity-specific financing policy
          0/9.6
          • Commitment details
            No
            0/8
          • Policy applies to all operations and financing
            0/0.4
          • Policy applies to all deals
            0/0.4
          • Policy applies to all companies
            0/0.4
          • Policy applies to all stages of the supply chain
            0/0.4
        • Companies must be legally operated
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            0/0.4
          • Policy applies to all deals
            0/0.4
          • Policy applies to all companies
            0/0.4
          • Policy applies to all stages of the supply chain
            0/0.4
        • Companies must protect priority forests or globally important landscapes
          5.4/9.6
          • Commitment details
            Globally important - Required
            4/8
            Commitment details
            Globally important - Required
            4/8
            "Barclays has no appetite for the following scenarios: • Project finance transactions that support the development or expansion of projects in World Heritage Sites and/or within their buffer zones, unless there is prior consensus with both the host country and UNESCO that such development will not adversely affect the Outstanding Universal Value of the site; • Project finance transactions that support the development or expansion of projects situated in Ramsar Wetlands, unless there is prior consensus with the host country that such development will not adversely affect the special characteristics of a Ramsar designated site."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "We will not provide financial services to: Companies that convert or degrade primary tropical forests, High Conservation Value (HCV) or High Carbon Stock (HCS) areas and peatlands", or World Heritage Sites and Ramsar Wetlands "(unless approved by the host country)".
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Barclays has no appetite for the following scenarios: • Project finance transactions that support the development or expansion of projects in World Heritage Sites and/or within their buffer zones, unless there is prior consensus with both the host country and UNESCO that such development will not adversely affect the Outstanding Universal Value of the site; • Project finance transactions that support the development or expansion of projects situated in Ramsar Wetlands, unless there is prior consensus with the host country that such development will not adversely affect the special characteristics of a Ramsar designated site."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Barclays has no appetite for the following scenarios: • Project finance transactions that support the development or expansion of projects in World Heritage Sites and/or within their buffer zones, unless there is prior consensus with both the host country and UNESCO that such development will not adversely affect the Outstanding Universal Value of the site; • Project finance transactions that support the development or expansion of projects situated in Ramsar Wetlands, unless there is prior consensus with the host country that such development will not adversely affect the special characteristics of a Ramsar designated site."
          • 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
            "Barclays has no appetite for the following scenarios: • Project finance transactions that support the development or expansion of projects in World Heritage Sites and/or within their buffer zones, unless there is prior consensus with both the host country and UNESCO that such development will not adversely affect the Outstanding Universal Value of the site; • Project finance transactions that support the development or expansion of projects situated in Ramsar Wetlands, unless there is prior consensus with the host country that such development will not adversely affect the special characteristics of a Ramsar designated site."
        • Assurance mechanism to ensure compliance
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            0/0.4
          • Policy applies to all deals
            0/0.4
          • Policy applies to all companies
            0/0.4
          • Policy applies to all stages of the supply chain
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            0/0.4
          • Policy applies to all deals
            0/0.4
          • Policy applies to all companies
            0/0.4
          • Policy applies to all stages of the supply chain
            0/0.4
        • Commitments must be timebound
          3/5.6
          • Commitment details
            Encourage
            2/4
            Commitment details
            Encourage
            2/4
            Type of policy: Compliance is prerequisite for financing
            "Barclays has no appetite for the following scenarios: • Project finance transactions that support the development or expansion of projects in World Heritage Sites and/or within their buffer zones, unless there is prior consensus with both the host country and UNESCO that such development will not adversely affect the Outstanding Universal Value of the site; • Project finance transactions that support the development or expansion of projects situated in Ramsar Wetlands, unless there is prior consensus with the host country that such development will not adversely affect the special characteristics of a Ramsar designated site."
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
            "Barclays has no appetite for the following scenarios: • Project finance transactions that support the development or expansion of projects in World Heritage Sites and/or within their buffer zones, unless there is prior consensus with both the host country and UNESCO that such development will not adversely affect the Outstanding Universal Value of the site; • Project finance transactions that support the development or expansion of projects situated in Ramsar Wetlands, unless there is prior consensus with the host country that such development will not adversely affect the special characteristics of a Ramsar designated site."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Barclays has no appetite for the following scenarios: • Project finance transactions that support the development or expansion of projects in World Heritage Sites and/or within their buffer zones, unless there is prior consensus with both the host country and UNESCO that such development will not adversely affect the Outstanding Universal Value of the site; • Project finance transactions that support the development or expansion of projects situated in Ramsar Wetlands, unless there is prior consensus with the host country that such development will not adversely affect the special characteristics of a Ramsar designated site."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Barclays has no appetite for the following scenarios: • Project finance transactions that support the development or expansion of projects in World Heritage Sites and/or within their buffer zones, unless there is prior consensus with both the host country and UNESCO that such development will not adversely affect the Outstanding Universal Value of the site; • Project finance transactions that support the development or expansion of projects situated in Ramsar Wetlands, unless there is prior consensus with the host country that such development will not adversely affect the special characteristics of a Ramsar designated site."
          • 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
            "Barclays has no appetite for the following scenarios: • Project finance transactions that support the development or expansion of projects in World Heritage Sites and/or within their buffer zones, unless there is prior consensus with both the host country and UNESCO that such development will not adversely affect the Outstanding Universal Value of the site; • Project finance transactions that support the development or expansion of projects situated in Ramsar Wetlands, unless there is prior consensus with the host country that such development will not adversely affect the special characteristics of a Ramsar designated site."
      • Social Considerations
        0/22
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            0/0.4
          • Policy applies to all deals
            0/0.4
          • Policy applies to all companies
            0/0.4
          • Policy applies to all stages of the supply chain
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
            Commitment details
            No
            0/4
            Type of policy: Child Labour
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
            Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            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
            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
            0/0.4
          • Policy applies to all deals
            0/0.4
          • Policy applies to all companies
            0/0.4
          • Policy applies to all stages of the supply chain
            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
            0/0.4
          • Policy applies to all deals
            0/0.4
          • Policy applies to all companies
            0/0.4
          • Policy applies to all stages of the supply chain
            0/0.4
    • Palm oil
      37/64
      • Commitment Strength
        32/42
        • Commodity-specific financing policy
          9.4/9.6
          • Commitment details
            Yes
            8/8
            Commitment details
            Yes
            8/8
            Type of policy: Deforestation-free
            "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Achieve full certification of all owned production and primary processing facilities [...] For palm oil companies this means Roundtable on Sustainable Palm Oil (RSPO) certification of owned plantations and mills in lower income countries." " In the absence of certification, we require the client to develop a time-bound action plan to achieve this within three years, which will be monitored annually by Barclays." "For palm oil clients specifically, we also expect: VIII. Producers and primary processors of palm oil to adopt a public commitment to no net deforestation, no peatland development and no human rights violations (NDPE). IX. Companies that trade palm oil to maximise the trading of RSPO certified palm oil from suppliers that employ RSPO approved supply chain certification mechanisms."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Achieve full certification of all owned production and primary processing facilities [...] For palm oil companies this means Roundtable on Sustainable Palm Oil (RSPO) certification of owned plantations and mills in lower income countries." " In the absence of certification, we require the client to develop a time-bound action plan to achieve this within three years, which will be monitored annually by Barclays." "For palm oil clients specifically, we also expect: VIII. Producers and primary processors of palm oil to adopt a public commitment to no net deforestation, no peatland development and no human rights violations (NDPE). IX. Companies that trade palm oil to maximise the trading of RSPO certified palm oil from suppliers that employ RSPO approved supply chain certification mechanisms."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Achieve full certification of all owned production and primary processing facilities [...] For palm oil companies this means Roundtable on Sustainable Palm Oil (RSPO) certification of owned plantations and mills in lower income countries." " In the absence of certification, we require the client to develop a time-bound action plan to achieve this within three years, which will be monitored annually by Barclays." "For palm oil clients specifically, we also expect: VIII. Producers and primary processors of palm oil to adopt a public commitment to no net deforestation, no peatland development and no human rights violations (NDPE). IX. Companies that trade palm oil to maximise the trading of RSPO certified palm oil from suppliers that employ RSPO approved supply chain certification mechanisms."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Achieve full certification of all owned production and primary processing facilities [...] For palm oil companies this means Roundtable on Sustainable Palm Oil (RSPO) certification of owned plantations and mills in lower income countries." " In the absence of certification, we require the client to develop a time-bound action plan to achieve this within three years, which will be monitored annually by Barclays." "For palm oil clients specifically, we also expect: VIII. Producers and primary processors of palm oil to adopt a public commitment to no net deforestation, no peatland development and no human rights violations (NDPE). IX. Companies that trade palm oil to maximise the trading of RSPO certified palm oil from suppliers that employ RSPO approved supply chain certification mechanisms."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders
            0.2/0.4
            "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Achieve full certification of all owned production and primary processing facilities [...] For palm oil companies this means Roundtable on Sustainable Palm Oil (RSPO) certification of owned plantations and mills in lower income countries." " In the absence of certification, we require the client to develop a time-bound action plan to achieve this within three years, which will be monitored annually by Barclays." "For palm oil clients specifically, we also expect: VIII. Producers and primary processors of palm oil to adopt a public commitment to no net deforestation, no peatland development and no human rights violations (NDPE). IX. Companies that trade palm oil to maximise the trading of RSPO certified palm oil from suppliers that employ RSPO approved supply chain certification mechanisms."
        • Companies must be legally operated
          2.4/5.6
          • Commitment details
            Own operations - Encourage
            1/4
            Commitment details
            Own operations - Encourage
            1/4
            "Barclays has no appetite for [...] operations or business practices that do not comply with all applicable local, national, and international laws and regulations."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Barclays has no appetite for [...] operations or business practices that do not comply with all applicable local, national, and international laws and regulations."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Barclays has no appetite for [...] operations or business practices that do not comply with all applicable local, national, and international laws and regulations."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Barclays has no appetite for [...] operations or business practices that do not comply with all applicable local, national, and international laws and regulations."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders
            0.2/0.4
            "Barclays has no appetite for [...] operations or business practices that do not comply with all applicable local, national, and international laws and regulations."
        • Companies must protect priority forests or globally important landscapes
          9.4/9.6
          • Commitment details
            All high priority landscapes - Required
            8/8
            Commitment details
            All high priority landscapes - Required
            8/8
            "Barclays has no appetite for the following scenarios: • Project finance transactions that support the development or expansion of projects in World Heritage Sites and/or within their buffer zones, unless there is prior consensus with both the host country and UNESCO that such development will not adversely affect the Outstanding Universal Value of the site; • Project finance transactions that support the development or expansion of projects situated in Ramsar Wetlands, unless there is prior consensus with the host country that such development will not adversely affect the special characteristics of a Ramsar designated site." "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Prohibit the conversion or degradation of primary tropical forests, High Conservation Value (HCV) or High Carbon Stock (HCS) areas and peatlands."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Barclays has no appetite for the following scenarios: • Project finance transactions that support the development or expansion of projects in World Heritage Sites and/or within their buffer zones, unless there is prior consensus with both the host country and UNESCO that such development will not adversely affect the Outstanding Universal Value of the site; • Project finance transactions that support the development or expansion of projects situated in Ramsar Wetlands, unless there is prior consensus with the host country that such development will not adversely affect the special characteristics of a Ramsar designated site." "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Prohibit the conversion or degradation of primary tropical forests, High Conservation Value (HCV) or High Carbon Stock (HCS) areas and peatlands."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Barclays has no appetite for the following scenarios: • Project finance transactions that support the development or expansion of projects in World Heritage Sites and/or within their buffer zones, unless there is prior consensus with both the host country and UNESCO that such development will not adversely affect the Outstanding Universal Value of the site; • Project finance transactions that support the development or expansion of projects situated in Ramsar Wetlands, unless there is prior consensus with the host country that such development will not adversely affect the special characteristics of a Ramsar designated site." "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Prohibit the conversion or degradation of primary tropical forests, High Conservation Value (HCV) or High Carbon Stock (HCS) areas and peatlands."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Barclays has no appetite for the following scenarios: • Project finance transactions that support the development or expansion of projects in World Heritage Sites and/or within their buffer zones, unless there is prior consensus with both the host country and UNESCO that such development will not adversely affect the Outstanding Universal Value of the site; • Project finance transactions that support the development or expansion of projects situated in Ramsar Wetlands, unless there is prior consensus with the host country that such development will not adversely affect the special characteristics of a Ramsar designated site." "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Prohibit the conversion or degradation of primary tropical forests, High Conservation Value (HCV) or High Carbon Stock (HCS) areas and peatlands."
          • 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
            "Barclays has no appetite for the following scenarios: • Project finance transactions that support the development or expansion of projects in World Heritage Sites and/or within their buffer zones, unless there is prior consensus with both the host country and UNESCO that such development will not adversely affect the Outstanding Universal Value of the site; • Project finance transactions that support the development or expansion of projects situated in Ramsar Wetlands, unless there is prior consensus with the host country that such development will not adversely affect the special characteristics of a Ramsar designated site." "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Prohibit the conversion or degradation of primary tropical forests, High Conservation Value (HCV) or High Carbon Stock (HCS) areas and peatlands."
        • Assurance mechanism to ensure compliance
          5.4/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Verification method: Certification Scheme

            Certification scheme (if applicable): RSPO
            "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Achieve full certification of all owned production and primary processing facilities [...] For palm oil companies this means Roundtable on Sustainable Palm Oil (RSPO) certification of owned plantations and mills in lower income countries." " In the absence of certification, we require the client to develop a time-bound action plan to achieve this within three years, which will be monitored annually by Barclays." "For palm oil clients specifically, we also expect: VIII. Producers and primary processors of palm oil to adopt a public commitment to no net deforestation, no peatland development and no human rights violations (NDPE). IX. Companies that trade palm oil to maximise the trading of RSPO certified palm oil from suppliers that employ RSPO approved supply chain certification mechanisms."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Achieve full certification of all owned production and primary processing facilities [...] For palm oil companies this means Roundtable on Sustainable Palm Oil (RSPO) certification of owned plantations and mills in lower income countries." " In the absence of certification, we require the client to develop a time-bound action plan to achieve this within three years, which will be monitored annually by Barclays." "For palm oil clients specifically, we also expect: VIII. Producers and primary processors of palm oil to adopt a public commitment to no net deforestation, no peatland development and no human rights violations (NDPE). IX. Companies that trade palm oil to maximise the trading of RSPO certified palm oil from suppliers that employ RSPO approved supply chain certification mechanisms."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Achieve full certification of all owned production and primary processing facilities [...] For palm oil companies this means Roundtable on Sustainable Palm Oil (RSPO) certification of owned plantations and mills in lower income countries." " In the absence of certification, we require the client to develop a time-bound action plan to achieve this within three years, which will be monitored annually by Barclays." "For palm oil clients specifically, we also expect: VIII. Producers and primary processors of palm oil to adopt a public commitment to no net deforestation, no peatland development and no human rights violations (NDPE). IX. Companies that trade palm oil to maximise the trading of RSPO certified palm oil from suppliers that employ RSPO approved supply chain certification mechanisms."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Achieve full certification of all owned production and primary processing facilities [...] For palm oil companies this means Roundtable on Sustainable Palm Oil (RSPO) certification of owned plantations and mills in lower income countries." " In the absence of certification, we require the client to develop a time-bound action plan to achieve this within three years, which will be monitored annually by Barclays." "For palm oil clients specifically, we also expect: VIII. Producers and primary processors of palm oil to adopt a public commitment to no net deforestation, no peatland development and no human rights violations (NDPE). IX. Companies that trade palm oil to maximise the trading of RSPO certified palm oil from suppliers that employ RSPO approved supply chain certification mechanisms."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders
            0.2/0.4
            "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Achieve full certification of all owned production and primary processing facilities [...] For palm oil companies this means Roundtable on Sustainable Palm Oil (RSPO) certification of owned plantations and mills in lower income countries." " In the absence of certification, we require the client to develop a time-bound action plan to achieve this within three years, which will be monitored annually by Barclays." "For palm oil clients specifically, we also expect: VIII. Producers and primary processors of palm oil to adopt a public commitment to no net deforestation, no peatland development and no human rights violations (NDPE). IX. Companies that trade palm oil to maximise the trading of RSPO certified palm oil from suppliers that employ RSPO approved supply chain certification mechanisms."
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            0/0.4
          • Policy applies to all deals
            0/0.4
          • Policy applies to all companies
            0/0.4
          • Policy applies to all stages of the supply chain
            0/0.4
        • Commitments must be timebound
          5.4/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Type of policy: FI allows specific time from onboarding to become compliant; Compliance is prerequisite for financing
            "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Achieve full certification of all owned production and primary processing facilities [...] For palm oil companies this means Roundtable on Sustainable Palm Oil (RSPO) certification of owned plantations and mills in lower income countries." " In the absence of certification, we require the client to develop a time-bound action plan to achieve this within three years, which will be monitored annually by Barclays."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Achieve full certification of all owned production and primary processing facilities [...] For palm oil companies this means Roundtable on Sustainable Palm Oil (RSPO) certification of owned plantations and mills in lower income countries." " In the absence of certification, we require the client to develop a time-bound action plan to achieve this within three years, which will be monitored annually by Barclays."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Achieve full certification of all owned production and primary processing facilities [...] For palm oil companies this means Roundtable on Sustainable Palm Oil (RSPO) certification of owned plantations and mills in lower income countries." " In the absence of certification, we require the client to develop a time-bound action plan to achieve this within three years, which will be monitored annually by Barclays."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Achieve full certification of all owned production and primary processing facilities [...] For palm oil companies this means Roundtable on Sustainable Palm Oil (RSPO) certification of owned plantations and mills in lower income countries." " In the absence of certification, we require the client to develop a time-bound action plan to achieve this within three years, which will be monitored annually by Barclays."
          • 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
            "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Achieve full certification of all owned production and primary processing facilities [...] For palm oil companies this means Roundtable on Sustainable Palm Oil (RSPO) certification of owned plantations and mills in lower income countries." " In the absence of certification, we require the client to develop a time-bound action plan to achieve this within three years, which will be monitored annually by Barclays."
      • Social Considerations
        5/22
        • Company must ensure Free, Prior and Informed Consent
          5.4/5.6
          • Commitment details
            Yes - Require
            4/4
            Commitment details
            Yes - Require
            4/4
            "All clients deemed within the scope of this position statement are reviewed on a case by case basis and subject to enhanced due diligence. These clients are analysed against specific environmental and social risk considerations which include, but are not limited to: [...] Impact on local communities and adoption of the “free, prior and informed consent” (FPIC) principle, in particular when considering impacts on indigenous communities. [...] In addition, we require all forestry, pulp and paper and palm oil clients to: V. Obtain the consent of indigenous and local communities affected by their operations through a credible “free, prior and informed consent” process."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "All clients deemed within the scope of this position statement are reviewed on a case by case basis and subject to enhanced due diligence. These clients are analysed against specific environmental and social risk considerations which include, but are not limited to: [...] Impact on local communities and adoption of the “free, prior and informed consent” (FPIC) principle, in particular when considering impacts on indigenous communities. [...] In addition, we require all forestry, pulp and paper and palm oil clients to: V. Obtain the consent of indigenous and local communities affected by their operations through a credible “free, prior and informed consent” process."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "All clients deemed within the scope of this position statement are reviewed on a case by case basis and subject to enhanced due diligence. These clients are analysed against specific environmental and social risk considerations which include, but are not limited to: [...] Impact on local communities and adoption of the “free, prior and informed consent” (FPIC) principle, in particular when considering impacts on indigenous communities. [...] In addition, we require all forestry, pulp and paper and palm oil clients to: V. Obtain the consent of indigenous and local communities affected by their operations through a credible “free, prior and informed consent” process."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "All clients deemed within the scope of this position statement are reviewed on a case by case basis and subject to enhanced due diligence. These clients are analysed against specific environmental and social risk considerations which include, but are not limited to: [...] Impact on local communities and adoption of the “free, prior and informed consent” (FPIC) principle, in particular when considering impacts on indigenous communities. [...] In addition, we require all forestry, pulp and paper and palm oil clients to: V. Obtain the consent of indigenous and local communities affected by their operations through a credible “free, prior and informed consent” process."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders
            0.2/0.4
            Barclays palm oil policy "covers the provision of all financial services to Corporate Banking and Investment Banking clients with timber or palm oil production, processing or trading operations in lower income countries"
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
            Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
            Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            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
            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
            0/0.4
          • Policy applies to all deals
            0/0.4
          • Policy applies to all companies
            0/0.4
          • Policy applies to all stages of the supply chain
            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
            0/0.4
          • Policy applies to all deals
            0/0.4
          • Policy applies to all companies
            0/0.4
          • Policy applies to all stages of the supply chain
            0/0.4
    • Soy
      31/64
      • Commitment Strength
        25/42
        • Commodity-specific financing policy
          9.4/9.6
          • Commitment details
            Yes
            8/8
            Commitment details
            Yes
            8/8
            Type of policy: Deforestation-free
            "Whilst soy is not directly covered in our Forestry & Palm Oil Statement, we apply a similar approach to clients involved in soy production and primary processing, for example by assessing their policy commitments and certification status, as well as management of broader environmental and social impacts." "We report below the RTRS and / or ISCC membership and certification status of clients with soy production or primary processing operations in higher deforestation risk countries. Our clients’ operations are limited to primary processing activities (e.g. crushing), as we do not have clients who are directly involved in soy growing. All clients reviewed are current members of RTRS and / or ISCC. 80% of these clients disclosed the securing of RTRS and / or ISCC certificates for soy purchased. Although one client did not disclose the purchase of RTRS or ISCC certified soy, they have made a public commitment to do so in 2020" "Soy companies to establish a sustainable sourcing policy, including a commitment to achieve deforestation-free soy supply chains, and work towards achieving supply chain traceability within a limited timeframe."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Whilst soy is not directly covered in our Forestry & Palm Oil Statement, we apply a similar approach to clients involved in soy production and primary processing, for example by assessing their policy commitments and certification status, as well as management of broader environmental and social impacts." "We report below the RTRS and / or ISCC membership and certification status of clients with soy production or primary processing operations in higher deforestation risk countries. Our clients’ operations are limited to primary processing activities (e.g. crushing), as we do not have clients who are directly involved in soy growing. All clients reviewed are current members of RTRS and / or ISCC. 80% of these clients disclosed the securing of RTRS and / or ISCC certificates for soy purchased. Although one client did not disclose the purchase of RTRS or ISCC certified soy, they have made a public commitment to do so in 2020" "Soy companies to establish a sustainable sourcing policy, including a commitment to achieve deforestation-free soy supply chains, and work towards achieving supply chain traceability within a limited timeframe."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Whilst soy is not directly covered in our Forestry & Palm Oil Statement, we apply a similar approach to clients involved in soy production and primary processing, for example by assessing their policy commitments and certification status, as well as management of broader environmental and social impacts." "We report below the RTRS and / or ISCC membership and certification status of clients with soy production or primary processing operations in higher deforestation risk countries. Our clients’ operations are limited to primary processing activities (e.g. crushing), as we do not have clients who are directly involved in soy growing. All clients reviewed are current members of RTRS and / or ISCC. 80% of these clients disclosed the securing of RTRS and / or ISCC certificates for soy purchased. Although one client did not disclose the purchase of RTRS or ISCC certified soy, they have made a public commitment to do so in 2020" "Soy companies to establish a sustainable sourcing policy, including a commitment to achieve deforestation-free soy supply chains, and work towards achieving supply chain traceability within a limited timeframe."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Whilst soy is not directly covered in our Forestry & Palm Oil Statement, we apply a similar approach to clients involved in soy production and primary processing, for example by assessing their policy commitments and certification status, as well as management of broader environmental and social impacts." "We report below the RTRS and / or ISCC membership and certification status of clients with soy production or primary processing operations in higher deforestation risk countries. Our clients’ operations are limited to primary processing activities (e.g. crushing), as we do not have clients who are directly involved in soy growing. All clients reviewed are current members of RTRS and / or ISCC. 80% of these clients disclosed the securing of RTRS and / or ISCC certificates for soy purchased. Although one client did not disclose the purchase of RTRS or ISCC certified soy, they have made a public commitment to do so in 2020" "Soy companies to establish a sustainable sourcing policy, including a commitment to achieve deforestation-free soy supply chains, and work towards achieving supply chain traceability within a limited timeframe."
          • 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
            "Whilst soy is not directly covered in our Forestry & Palm Oil Statement, we apply a similar approach to clients involved in soy production and primary processing, for example by assessing their policy commitments and certification status, as well as management of broader environmental and social impacts." "We report below the RTRS and / or ISCC membership and certification status of clients with soy production or primary processing operations in higher deforestation risk countries. Our clients’ operations are limited to primary processing activities (e.g. crushing), as we do not have clients who are directly involved in soy growing. All clients reviewed are current members of RTRS and / or ISCC. 80% of these clients disclosed the securing of RTRS and / or ISCC certificates for soy purchased. Although one client did not disclose the purchase of RTRS or ISCC certified soy, they have made a public commitment to do so in 2020" "Soy companies to establish a sustainable sourcing policy, including a commitment to achieve deforestation-free soy supply chains, and work towards achieving supply chain traceability within a limited timeframe."
        • Companies must be legally operated
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            0/0.4
          • Policy applies to all deals
            0/0.4
          • Policy applies to all companies
            0/0.4
          • Policy applies to all stages of the supply chain
            0/0.4
        • Companies must protect priority forests or globally important landscapes
          7.4/9.6
          • Commitment details
            All high priority landscapes - Encouraged
            6/8
            Commitment details
            All high priority landscapes - Encouraged
            6/8
            "Barclays has no appetite for the following scenarios: • Project finance transactions that support the development or expansion of projects in World Heritage Sites and/or within their buffer zones, unless there is prior consensus with both the host country and UNESCO that such development will not adversely affect the Outstanding Universal Value of the site; • Project finance transactions that support the development or expansion of projects situated in Ramsar Wetlands, unless there is prior consensus with the host country that such development will not adversely affect the special characteristics of a Ramsar designated site." "Whilst soy is not directly covered in our Forestry & Palm Oil Statement, we apply a similar approach to clients involved in soy production and primary processing, for example by assessing their policy commitments and certification status, as well as management of broader environmental and social impacts." "We report below the RTRS and / or ISCC membership and certification status of clients with soy production or primary processing operations in higher deforestation risk countries. Our clients’ operations are limited to primary processing activities (e.g. crushing), as we do not have clients who are directly involved in soy growing. All clients reviewed are current members of RTRS and / or ISCC."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "We will not provide financial services to: Companies that convert or degrade primary tropical forests, High Conservation Value (HCV) or High Carbon Stock (HCS) areas and peatlands", or World Heritage Sites and Ramsar Wetlands "(unless approved by the host country)".
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Barclays has no appetite for the following scenarios: • Project finance transactions that support the development or expansion of projects in World Heritage Sites and/or within their buffer zones, unless there is prior consensus with both the host country and UNESCO that such development will not adversely affect the Outstanding Universal Value of the site; • Project finance transactions that support the development or expansion of projects situated in Ramsar Wetlands, unless there is prior consensus with the host country that such development will not adversely affect the special characteristics of a Ramsar designated site." "Whilst soy is not directly covered in our Forestry & Palm Oil Statement, we apply a similar approach to clients involved in soy production and primary processing, for example by assessing their policy commitments and certification status, as well as management of broader environmental and social impacts." "We report below the RTRS and / or ISCC membership and certification status of clients with soy production or primary processing operations in higher deforestation risk countries. Our clients’ operations are limited to primary processing activities (e.g. crushing), as we do not have clients who are directly involved in soy growing. All clients reviewed are current members of RTRS and / or ISCC."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Barclays has no appetite for the following scenarios: • Project finance transactions that support the development or expansion of projects in World Heritage Sites and/or within their buffer zones, unless there is prior consensus with both the host country and UNESCO that such development will not adversely affect the Outstanding Universal Value of the site; • Project finance transactions that support the development or expansion of projects situated in Ramsar Wetlands, unless there is prior consensus with the host country that such development will not adversely affect the special characteristics of a Ramsar designated site." "Whilst soy is not directly covered in our Forestry & Palm Oil Statement, we apply a similar approach to clients involved in soy production and primary processing, for example by assessing their policy commitments and certification status, as well as management of broader environmental and social impacts." "We report below the RTRS and / or ISCC membership and certification status of clients with soy production or primary processing operations in higher deforestation risk countries. Our clients’ operations are limited to primary processing activities (e.g. crushing), as we do not have clients who are directly involved in soy growing. All clients reviewed are current members of RTRS and / or ISCC."
          • 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
            "Barclays has no appetite for the following scenarios: • Project finance transactions that support the development or expansion of projects in World Heritage Sites and/or within their buffer zones, unless there is prior consensus with both the host country and UNESCO that such development will not adversely affect the Outstanding Universal Value of the site; • Project finance transactions that support the development or expansion of projects situated in Ramsar Wetlands, unless there is prior consensus with the host country that such development will not adversely affect the special characteristics of a Ramsar designated site." "Whilst soy is not directly covered in our Forestry & Palm Oil Statement, we apply a similar approach to clients involved in soy production and primary processing, for example by assessing their policy commitments and certification status, as well as management of broader environmental and social impacts." "We report below the RTRS and / or ISCC membership and certification status of clients with soy production or primary processing operations in higher deforestation risk countries. Our clients’ operations are limited to primary processing activities (e.g. crushing), as we do not have clients who are directly involved in soy growing. All clients reviewed are current members of RTRS and / or ISCC."
        • Assurance mechanism to ensure compliance
          3.4/5.6
          • Commitment details
            Encourage
            2/4
            Commitment details
            Encourage
            2/4
            Verification method: Certification Scheme

            Certification scheme (if applicable): RTRS
            "Whilst soy is not directly covered in our Forestry & Palm Oil Statement, we apply a similar approach to clients involved in soy production and primary processing, for example by assessing their policy commitments and certification status, as well as management of broader environmental and social impacts." "We report below the RTRS and / or ISCC membership and certification status of clients with soy production or primary processing operations in higher deforestation risk countries. Our clients’ operations are limited to primary processing activities (e.g. crushing), as we do not have clients who are directly involved in soy growing. All clients reviewed are current members of RTRS and / or ISCC."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Whilst soy is not directly covered in our Forestry & Palm Oil Statement, we apply a similar approach to clients involved in soy production and primary processing, for example by assessing their policy commitments and certification status, as well as management of broader environmental and social impacts." "We report below the RTRS and / or ISCC membership and certification status of clients with soy production or primary processing operations in higher deforestation risk countries. Our clients’ operations are limited to primary processing activities (e.g. crushing), as we do not have clients who are directly involved in soy growing. All clients reviewed are current members of RTRS and / or ISCC."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Whilst soy is not directly covered in our Forestry & Palm Oil Statement, we apply a similar approach to clients involved in soy production and primary processing, for example by assessing their policy commitments and certification status, as well as management of broader environmental and social impacts." "We report below the RTRS and / or ISCC membership and certification status of clients with soy production or primary processing operations in higher deforestation risk countries. Our clients’ operations are limited to primary processing activities (e.g. crushing), as we do not have clients who are directly involved in soy growing. All clients reviewed are current members of RTRS and / or ISCC."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Whilst soy is not directly covered in our Forestry & Palm Oil Statement, we apply a similar approach to clients involved in soy production and primary processing, for example by assessing their policy commitments and certification status, as well as management of broader environmental and social impacts." "We report below the RTRS and / or ISCC membership and certification status of clients with soy production or primary processing operations in higher deforestation risk countries. Our clients’ operations are limited to primary processing activities (e.g. crushing), as we do not have clients who are directly involved in soy growing. All clients reviewed are current members of RTRS and / or ISCC."
          • 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
            "Whilst soy is not directly covered in our Forestry & Palm Oil Statement, we apply a similar approach to clients involved in soy production and primary processing, for example by assessing their policy commitments and certification status, as well as management of broader environmental and social impacts." "We report below the RTRS and / or ISCC membership and certification status of clients with soy production or primary processing operations in higher deforestation risk countries. Our clients’ operations are limited to primary processing activities (e.g. crushing), as we do not have clients who are directly involved in soy growing. All clients reviewed are current members of RTRS and / or ISCC."
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            0/0.4
          • Policy applies to all deals
            0/0.4
          • Policy applies to all companies
            0/0.4
          • Policy applies to all stages of the supply chain
            0/0.4
        • Commitments must be timebound
          5.4/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            "For soy companies, membership of Roundtable on Responsible Soy (RTRS) or comparable certification schemes8 , and adherence to relevant standards. In the absence of certification, we require the client to develop a time-bound action plan to achieve this within three years9 , which will be monitored annually by Barclays."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "For soy companies, membership of Roundtable on Responsible Soy (RTRS) or comparable certification schemes8 , and adherence to relevant standards. In the absence of certification, we require the client to develop a time-bound action plan to achieve this within three years9 , which will be monitored annually by Barclays."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "For soy companies, membership of Roundtable on Responsible Soy (RTRS) or comparable certification schemes8 , and adherence to relevant standards. In the absence of certification, we require the client to develop a time-bound action plan to achieve this within three years9 , which will be monitored annually by Barclays."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "For soy companies, membership of Roundtable on Responsible Soy (RTRS) or comparable certification schemes8 , and adherence to relevant standards. In the absence of certification, we require the client to develop a time-bound action plan to achieve this within three years9 , which will be monitored annually by Barclays."
          • 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
            "For soy companies, membership of Roundtable on Responsible Soy (RTRS) or comparable certification schemes8 , and adherence to relevant standards. In the absence of certification, we require the client to develop a time-bound action plan to achieve this within three years9 , which will be monitored annually by Barclays."
      • Social Considerations
        5/22
        • Company must ensure Free, Prior and Informed Consent
          5.4/5.6
          • Commitment details
            Yes - Require
            4/4
            Commitment details
            Yes - Require
            4/4
            "In addition, we require all forestry, palm oil and soy companies to: V. Work to obtain the consent of indigenous and local communities affected by their operations through a credible “free, prior and informed consent” process."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "In addition, we require all forestry, palm oil and soy companies to: V. Work to obtain the consent of indigenous and local communities affected by their operations through a credible “free, prior and informed consent” process."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "In addition, we require all forestry, palm oil and soy companies to: V. Work to obtain the consent of indigenous and local communities affected by their operations through a credible “free, prior and informed consent” process."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "In addition, we require all forestry, palm oil and soy companies to: V. Work to obtain the consent of indigenous and local communities affected by their operations through a credible “free, prior and informed consent” process."
          • 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
            "In addition, we require all forestry, palm oil and soy companies to: V. Work to obtain the consent of indigenous and local communities affected by their operations through a credible “free, prior and informed consent” process."
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
            Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
            Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            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
            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
            0/0.4
          • Policy applies to all deals
            0/0.4
          • Policy applies to all companies
            0/0.4
          • Policy applies to all stages of the supply chain
            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
            0/0.4
          • Policy applies to all deals
            0/0.4
          • Policy applies to all companies
            0/0.4
          • Policy applies to all stages of the supply chain
            0/0.4
    • Timber, Pulp & Paper
      37/64
      • Commitment Strength
        32/42
        • Commodity-specific financing policy
          9.4/9.6
          • Commitment details
            Yes
            8/8
            Commitment details
            Yes
            8/8
            Type of policy: Zero net deforestation
            "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Achieve full certification of all owned production and primary processing facilities [...] For forestry and pulp and paper companies this means Forest Stewardship Council (FSC) or comparable certification6 of owned logging sites in lower income countries, where such schemes are established." "In the absence of certification, we require the client to develop a time-bound action plan to achieve this within three years, which will be monitored annually by Barclays."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Achieve full certification of all owned production and primary processing facilities [...] For forestry and pulp and paper companies this means Forest Stewardship Council (FSC) or comparable certification6 of owned logging sites in lower income countries, where such schemes are established." "In the absence of certification, we require the client to develop a time-bound action plan to achieve this within three years, which will be monitored annually by Barclays."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Achieve full certification of all owned production and primary processing facilities [...] For forestry and pulp and paper companies this means Forest Stewardship Council (FSC) or comparable certification6 of owned logging sites in lower income countries, where such schemes are established." "In the absence of certification, we require the client to develop a time-bound action plan to achieve this within three years, which will be monitored annually by Barclays."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Achieve full certification of all owned production and primary processing facilities [...] For forestry and pulp and paper companies this means Forest Stewardship Council (FSC) or comparable certification6 of owned logging sites in lower income countries, where such schemes are established." "In the absence of certification, we require the client to develop a time-bound action plan to achieve this within three years, which will be monitored annually by Barclays."
          • 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
            "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Achieve full certification of all owned production and primary processing facilities [...] For forestry and pulp and paper companies this means Forest Stewardship Council (FSC) or comparable certification6 of owned logging sites in lower income countries, where such schemes are established." "In the absence of certification, we require the client to develop a time-bound action plan to achieve this within three years, which will be monitored annually by Barclays."
        • Companies must be legally operated
          2.4/5.6
          • Commitment details
            Own operations - Encourage
            1/4
            Commitment details
            Own operations - Encourage
            1/4
            "Barclays has no appetite for [...] operations or business practices that do not comply with all applicable local, national, and international laws and regulations."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Barclays has no appetite for [...] operations or business practices that do not comply with all applicable local, national, and international laws and regulations."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Barclays has no appetite for [...] operations or business practices that do not comply with all applicable local, national, and international laws and regulations."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Barclays has no appetite for [...] operations or business practices that do not comply with all applicable local, national, and international laws and regulations."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders
            0.2/0.4
            "This statement covers the provision of all financial services to Corporate Banking and Investment Banking clients with timber or palm oil production, processing or trading operations in lower income countries".
        • Companies must protect priority forests or globally important landscapes
          9.4/9.6
          • Commitment details
            All high priority landscapes - Required
            8/8
            Commitment details
            All high priority landscapes - Required
            8/8
            "Barclays has no appetite for the following scenarios: • Project finance transactions that support the development or expansion of projects in World Heritage Sites and/or within their buffer zones, unless there is prior consensus with both the host country and UNESCO that such development will not adversely affect the Outstanding Universal Value of the site; • Project finance transactions that support the development or expansion of projects situated in Ramsar Wetlands, unless there is prior consensus with the host country that such development will not adversely affect the special characteristics of a Ramsar designated site." "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Prohibit the conversion or degradation of primary tropical forests, High Conservation Value (HCV) or High Carbon Stock (HCS) areas and peatlands."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Barclays has no appetite for the following scenarios: • Project finance transactions that support the development or expansion of projects in World Heritage Sites and/or within their buffer zones, unless there is prior consensus with both the host country and UNESCO that such development will not adversely affect the Outstanding Universal Value of the site; • Project finance transactions that support the development or expansion of projects situated in Ramsar Wetlands, unless there is prior consensus with the host country that such development will not adversely affect the special characteristics of a Ramsar designated site." "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Prohibit the conversion or degradation of primary tropical forests, High Conservation Value (HCV) or High Carbon Stock (HCS) areas and peatlands."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Barclays has no appetite for the following scenarios: • Project finance transactions that support the development or expansion of projects in World Heritage Sites and/or within their buffer zones, unless there is prior consensus with both the host country and UNESCO that such development will not adversely affect the Outstanding Universal Value of the site; • Project finance transactions that support the development or expansion of projects situated in Ramsar Wetlands, unless there is prior consensus with the host country that such development will not adversely affect the special characteristics of a Ramsar designated site." "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Prohibit the conversion or degradation of primary tropical forests, High Conservation Value (HCV) or High Carbon Stock (HCS) areas and peatlands."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Barclays has no appetite for the following scenarios: • Project finance transactions that support the development or expansion of projects in World Heritage Sites and/or within their buffer zones, unless there is prior consensus with both the host country and UNESCO that such development will not adversely affect the Outstanding Universal Value of the site; • Project finance transactions that support the development or expansion of projects situated in Ramsar Wetlands, unless there is prior consensus with the host country that such development will not adversely affect the special characteristics of a Ramsar designated site." "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Prohibit the conversion or degradation of primary tropical forests, High Conservation Value (HCV) or High Carbon Stock (HCS) areas and peatlands."
          • 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
            "Barclays has no appetite for the following scenarios: • Project finance transactions that support the development or expansion of projects in World Heritage Sites and/or within their buffer zones, unless there is prior consensus with both the host country and UNESCO that such development will not adversely affect the Outstanding Universal Value of the site; • Project finance transactions that support the development or expansion of projects situated in Ramsar Wetlands, unless there is prior consensus with the host country that such development will not adversely affect the special characteristics of a Ramsar designated site." "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Prohibit the conversion or degradation of primary tropical forests, High Conservation Value (HCV) or High Carbon Stock (HCS) areas and peatlands."
        • Assurance mechanism to ensure compliance
          5.4/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Certification scheme (if applicable): FSC

            Verification method: Certification Scheme
            "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Achieve full certification of all owned production and primary processing facilities [...] For forestry and pulp and paper companies this means Forest Stewardship Council (FSC) or comparable certification6 of owned logging sites in lower income countries, where such schemes are established." "In the absence of certification, we require the client to develop a time-bound action plan to achieve this within three years, which will be monitored annually by Barclays."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Achieve full certification of all owned production and primary processing facilities [...] For forestry and pulp and paper companies this means Forest Stewardship Council (FSC) or comparable certification6 of owned logging sites in lower income countries, where such schemes are established." "In the absence of certification, we require the client to develop a time-bound action plan to achieve this within three years, which will be monitored annually by Barclays."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Achieve full certification of all owned production and primary processing facilities [...] For forestry and pulp and paper companies this means Forest Stewardship Council (FSC) or comparable certification6 of owned logging sites in lower income countries, where such schemes are established." "In the absence of certification, we require the client to develop a time-bound action plan to achieve this within three years, which will be monitored annually by Barclays."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Achieve full certification of all owned production and primary processing facilities [...] For forestry and pulp and paper companies this means Forest Stewardship Council (FSC) or comparable certification6 of owned logging sites in lower income countries, where such schemes are established." "In the absence of certification, we require the client to develop a time-bound action plan to achieve this within three years, which will be monitored annually by Barclays."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders
            0.2/0.4
            "This statement covers the provision of all financial services to Corporate Banking and Investment Banking clients with timber or palm oil production, processing or trading operations in lower income countries".
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            0/0.4
          • Policy applies to all deals
            0/0.4
          • Policy applies to all companies
            0/0.4
          • Policy applies to all stages of the supply chain
            0/0.4
        • Commitments must be timebound
          5.4/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Type of policy: FI allows specific time from onboarding to become compliant; Compliance is prerequisite for financing
            "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Achieve full certification of all owned production and primary processing facilities [...] For forestry and pulp and paper companies this means Forest Stewardship Council (FSC) or comparable certification6 of owned logging sites in lower income countries, where such schemes are established." "In the absence of certification, we require the client to develop a time-bound action plan to achieve this within three years, which will be monitored annually by Barclays."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Achieve full certification of all owned production and primary processing facilities [...] For forestry and pulp and paper companies this means Forest Stewardship Council (FSC) or comparable certification6 of owned logging sites in lower income countries, where such schemes are established." "In the absence of certification, we require the client to develop a time-bound action plan to achieve this within three years, which will be monitored annually by Barclays."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Achieve full certification of all owned production and primary processing facilities [...] For forestry and pulp and paper companies this means Forest Stewardship Council (FSC) or comparable certification6 of owned logging sites in lower income countries, where such schemes are established." "In the absence of certification, we require the client to develop a time-bound action plan to achieve this within three years, which will be monitored annually by Barclays."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Achieve full certification of all owned production and primary processing facilities [...] For forestry and pulp and paper companies this means Forest Stewardship Council (FSC) or comparable certification6 of owned logging sites in lower income countries, where such schemes are established." "In the absence of certification, we require the client to develop a time-bound action plan to achieve this within three years, which will be monitored annually by Barclays."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders
            0.2/0.4
            "In addition, we require all forestry, pulp and paper and palm oil clients to [...] Achieve full certification of all owned production and primary processing facilities [...] For forestry and pulp and paper companies this means Forest Stewardship Council (FSC) or comparable certification6 of owned logging sites in lower income countries, where such schemes are established." "In the absence of certification, we require the client to develop a time-bound action plan to achieve this within three years, which will be monitored annually by Barclays."
      • Social Considerations
        5/22
        • Company must ensure Free, Prior and Informed Consent
          5.4/5.6
          • Commitment details
            Yes - Require
            4/4
            Commitment details
            Yes - Require
            4/4
            "All clients deemed within the scope of this position statement are reviewed on a case by case basis and subject to enhanced due diligence. These clients are analysed against specific environmental and social risk considerations which include, but are not limited to: [...] Impact on local communities and adoption of the “free, prior and informed consent” (FPIC) principle, in particular when considering impacts on indigenous communities. [...] In addition, we require all forestry, pulp and paper and palm oil clients to: V. Obtain the consent of indigenous and local communities affected by their operations through a credible “free, prior and informed consent” process."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "All clients deemed within the scope of this position statement are reviewed on a case by case basis and subject to enhanced due diligence. These clients are analysed against specific environmental and social risk considerations which include, but are not limited to: [...] Impact on local communities and adoption of the “free, prior and informed consent” (FPIC) principle, in particular when considering impacts on indigenous communities. [...] In addition, we require all forestry, pulp and paper and palm oil clients to: V. Obtain the consent of indigenous and local communities affected by their operations through a credible “free, prior and informed consent” process."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "All clients deemed within the scope of this position statement are reviewed on a case by case basis and subject to enhanced due diligence. These clients are analysed against specific environmental and social risk considerations which include, but are not limited to: [...] Impact on local communities and adoption of the “free, prior and informed consent” (FPIC) principle, in particular when considering impacts on indigenous communities. [...] In addition, we require all forestry, pulp and paper and palm oil clients to: V. Obtain the consent of indigenous and local communities affected by their operations through a credible “free, prior and informed consent” process."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "All clients deemed within the scope of this position statement are reviewed on a case by case basis and subject to enhanced due diligence. These clients are analysed against specific environmental and social risk considerations which include, but are not limited to: [...] Impact on local communities and adoption of the “free, prior and informed consent” (FPIC) principle, in particular when considering impacts on indigenous communities. [...] In addition, we require all forestry, pulp and paper and palm oil clients to: V. Obtain the consent of indigenous and local communities affected by their operations through a credible “free, prior and informed consent” process."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders
            0.2/0.4
            "This statement covers the provision of all financial services to Corporate Banking and Investment Banking clients with timber or palm oil production, processing or trading operations in lower income countries".
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
            Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
            Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            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
            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
            0/0.4
          • Policy applies to all deals
            0/0.4
          • Policy applies to all companies
            0/0.4
          • Policy applies to all stages of the supply chain
            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
            0/0.4
          • Policy applies to all deals
            0/0.4
          • Policy applies to all companies
            0/0.4
          • Policy applies to all stages of the supply chain
            0/0.4
  • Reporting & Implementation
    13/20
    • Policy is reviewed and updated
      5/5
      Policy review
      Commit to update policy - Annually or more frequent
      5/5
      "This statement will be reviewed and refreshed on an annual basis.£
    • Companies must disclose subsidiaries in commodity supply chains
      0/5
    • Monitoring and non-compliance process
      5/5
      Monitoring compliance
      Yes - Screening and monitoring process
      5/5
      " In the absence of certification, we require the client to develop a time-bound action plan to achieve this within three years, which will be monitored annually by Barclays." "Clients or transactions in scope are referred to the Environmental Risk Management team (embedded in Credit Risk) and Sustainability team for enhanced due diligence. Where clients or transactions are considered at risk of not meeting the above criteria or that pose a material reputational risk, these are then escalated to the appropriate business unit Transaction Review Committee and, if necessary, the Group Executive Committee and Board Reputation Committee for final decision. In line with our commitment to the Soft Commodities Compact and its aim of incentivising and supporting sustainable industry practices, we prefer to engage with existing clients who do not yet meet these requirements but who are willing and able to do so within a limited timeframe. However, in cases where clients are unable or unwilling to comply or agree to an action plan to address identified gaps, we will seek to exit the relationship taking into account existing contractual agreements."
    • Reporting on implementation of the policy
      3/5
      Reporting
      Yes - Less than Annually or ad hoc
      3/5
      Numbers: RSPO: reports timelines for clients becoming RSPO certified for all operations RTRS: 80% of clients are RTRS/ISCC certified, with 20% having a time-bound plan to achieve compliance FSC: 89% FSC/PEFC certified and coverage reported
      In their Soft Commodities Compact Progress Report, Barclays report the proportion of their palm oil, soy, and timber products clients who are certified by RSPO, RTRS, and FSC respectively.
  • Commitment strength
    24/42
    Avg. score
  • Social considerations
    4/22
    Avg. score

Profile

Barclays PLC are a financial services group headquartered in the UK serving private, corporate and institutional clients. Their services cover personal, corporate, offshore, private, and investment banking, wealth management, loans and mortgages, and corporate lending. As of 2017, Barclays PLC's total assets amount to more than 1.1 trillion GBP with over 420 billion GBP in loans. They are among the top 5 lenders to Forest 500 companies with loans amounting to over 70 billion USD across a broad range of forest risk sectors. They are also among the top 200 shareholders for Forest 500 companies, with more than 1.7 billion USD worth of shares.  

HQ
HQ 
United Kingdom
Financial institution type
Financial institution type 
Asset management, 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.