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Select an assessment year:

  • Overall approach
    10/16
    • Overarching commitment on deforestation
      10/16
      Deforestation commitment
      Zero net deforestation
      10/16
      "Barclays has also adopted the Banking Environment Initiative’s Soft Commodities Compact, 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"
  • Commodity score
    23/64
    • 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
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Companies must be legally operated
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Companies must protect priority forests or globally important landscapes
          7.6/9.6
          • Commitment details
            All high priority landscapes - Encourage
            6/8
            Commitment details
            All high priority landscapes - Encourage
            6/8
            "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 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
            "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 companies
            All
            0.4/0.4
            Policy applies to all companies
            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 stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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)". 
        • Assurance mechanism to ensure compliance
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Commitments must be timebound
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
      • 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
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
    • Palm oil
      37/64
      • Commitment Strength
        32/42
        • Commodity-specific financing policy
          9.2/9.6
          • Commitment details
            Yes
            8/8
            Commitment details
            Yes
            8/8
            Type of policy: Deforestation-free
            "Palm oil companies [must have] Roundtable on Sustainable Palm Oil (RSPO) certification of owned plantations and mills in lower income countries." 
          • Policy applies to all operations and financing
            Subset
            0.2/0.4
            Policy applies to all operations and financing
            Subset
            0.2/0.4
            "Palm oil companies [must have] Roundtable on Sustainable Palm Oil (RSPO) certification of owned plantations and mills in lower income countries." 
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            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"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            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"
          • 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"
        • 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 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"
        • Companies must protect priority forests or globally important landscapes
          9.4/9.6
          • Commitment details
            All high priority landscapes - Require
            8/8
            Commitment details
            All high priority landscapes - Require
            8/8
            "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) orHigh Carbon Stock (HCS) areas and peatlands" and the management of "impacts on protected areas such as World Heritage Sites and Ramsar Wetlands"
          • 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 require all forestry, pulp and paper and palm oil clients to[...]Prohibit the conversion or degradation of primary tropical forests, High Conservation Value (HCV) orHigh Carbon Stock (HCS) areas and peatlands" and the management of "impacts on protected areas such as World Heritage Sites and Ramsar Wetlands"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "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) orHigh Carbon Stock (HCS) areas and peatlands" and the management of "impacts on protected areas such as World Heritage Sites and Ramsar Wetlands"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "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) orHigh Carbon Stock (HCS) areas and peatlands" and the management of "impacts on protected areas such as World Heritage Sites and Ramsar Wetlands"
          • 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"
        • 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
            "Palm oil companies [must have] Roundtable on Sustainable Palm Oil (RSPO) certification of owned plantations and mills in lower income countries." 
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Palm oil companies [must have] Roundtable on Sustainable Palm Oil (RSPO) certification of owned plantations and mills in lower income countries." 
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Palm oil companies [must have] Roundtable on Sustainable Palm Oil (RSPO) certification of owned plantations and mills in lower income countries." 
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Palm oil companies [must have] Roundtable on Sustainable Palm Oil (RSPO) certification of owned plantations and mills in lower income countries." 
          • 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"
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Commitments must be timebound
          5.4/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Type of policy: Companies set own deadline but must be timebound
            "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 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 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 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 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
            "We require all forestry, pulp and paper and palm oil clients 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
            "We require all forestry, pulp and paper and palm oil clients 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
            "We require all forestry, pulp and paper and palm oil clients 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
            "We require all forestry, pulp and paper and palm oil clients 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; 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
            Type of policy: UNGP; Forced Labour; Child Labour
            Barclays state that they operate in accordance with the UN Guiding Principles, and they will not finance palm oil companies that are involved in forced labour or child labour.
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
    • Soy
      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
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Companies must be legally operated
          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 companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            0
            0/0.4
        • Companies must protect priority forests or globally important landscapes
          7.6/9.6
          • Commitment details
            All high priority landscapes - Encourage
            6/8
            Commitment details
            All high priority landscapes - Encourage
            6/8
            "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 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
            "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 companies
            All
            0.4/0.4
            Policy applies to all companies
            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 stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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)". 
        • Assurance mechanism to ensure compliance
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Commitments must be timebound
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
      • 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
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
    • Timber, Pulp & Paper
      38/64
      • 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
            "For forestry and pulp and paper companies this means Forest Stewardship Council (FSC) or comparable certification of owned logging sites in lower income countries, where such schemes are established."
          • 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 forestry and pulp and paper companies this means Forest Stewardship Council (FSC) or comparable certification of owned logging sites in lower income countries, where such schemes are established."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "For forestry and pulp and paper companies this means Forest Stewardship Council (FSC) or comparable certification of owned logging sites in lower income countries, where such schemes are established."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "For forestry and pulp and paper companies this means Forest Stewardship Council (FSC) or comparable certification of owned logging sites in lower income countries, where such schemes are established."
          • 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 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
            "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".
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "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".
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "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".
          • 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 - Require
            8/8
            Commitment details
            All high priority landscapes - Require
            8/8
            "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) orHigh Carbon Stock (HCS) areas and peatlands" and the management of "impacts on protected areas such as World Heritage Sites and Ramsar Wetlands"
          • 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 require all forestry, pulp and paper and palm oil clients to[...]Prohibit the conversion or degradation of primary tropical forests, High Conservation Value (HCV) orHigh Carbon Stock (HCS) areas and peatlands" and the management of "impacts on protected areas such as World Heritage Sites and Ramsar Wetlands"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "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) orHigh Carbon Stock (HCS) areas and peatlands" and the management of "impacts on protected areas such as World Heritage Sites and Ramsar Wetlands"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "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) orHigh Carbon Stock (HCS) areas and peatlands" and the management of "impacts on protected areas such as World Heritage Sites and Ramsar Wetlands"
          • 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".
        • 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
            "For forestry and pulp and paper companies this means Forest Stewardship Council (FSC) or comparable certification of owned logging sites in lower income countries, where such schemes are established."
          • 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 forestry and pulp and paper companies this means Forest Stewardship Council (FSC) or comparable certification of owned logging sites in lower income countries, where such schemes are established."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "For forestry and pulp and paper companies this means Forest Stewardship Council (FSC) or comparable certification of owned logging sites in lower income countries, where such schemes are established."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "For forestry and pulp and paper companies this means Forest Stewardship Council (FSC) or comparable certification of owned logging sites in lower income countries, where such schemes are established."
          • 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
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Commitments must be timebound
          5.4/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Type of policy: Companies set own deadline but must be timebound
            "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 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 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 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 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
            "We require all forestry, pulp and paper and palm oil clients 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
            "We require all forestry, pulp and paper and palm oil clients 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
            "We require all forestry, pulp and paper and palm oil clients 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
            "We require all forestry, pulp and paper and palm oil clients 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; 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
            Type of policy: UNGP; Forced Labour; Child Labour
            Barclays state that they operate in accordance with the UN Guiding Principles, and they will not finance pulp and paper companies that are involved in forced labour or child labour.
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
  • Reporting & Implementation
    5/20
    • 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
      0/5
    • Reporting on implementation of the policy
      0/5
  • Commitment strength
    20/42
    Avg. score
  • Social considerations
    3/22
    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.