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Select an assessment year:

  • Overall approach
    5/16
    • Overarching commitment on deforestation
      4/14
      Deforestation commitment
      Understanding of the risks
      4/14
      [translation] "The expansion of livestock in the Amazon Biome has been increasingly associated with deforestation. Although the Amazon forest is deforested for a number of reasons, cattle ranching is identified as one of the most important [Barreto, Pereira and Arima (2008)]. Deforestation impacts include loss of biodiversity, reduction of water cycling and contributions to global warming with the expansion of the desertion process certification, among others".
    • Company must have anti-corruption policy
      1/2
      Anti-corruption
      Anti-corruption policy
      1/2
      "The PCIN is applicable, in Brazil and abroad, to all BNDES System’s Participants and to natural and legal persons that relate with the BNDES System, especially: a. Clients, partners, suppliers and people related to them [...] Integrity: performance based on values, ethical principles and the set of rules and procedures related to promoting good corporate practices and preventing illegal, illegitimate or unethical acts, including the fight against fraud and corruption and the prevention of money laundering and terrorist financing [...] Repudiation of any practice of corruption, deviations, fraud, irregularities or other illegal acts, nationally or transnationally, involving the BNDES System, so that all complaints, without exception, shall be investigated in accordance with the BNDES System’s Integrity Program, with applicable penalties in case of irregularities"
  • Commodity score
    27/64
    • Beef & Leather
      30/64
      • Commitment Strength
        28/42
        • Commodity-specific financing policy
          9.4/9.6
          • Commitment details
            Yes
            8/8
            Commitment details
            Yes
            8/8
            Type of policy: Sustainable/Responsible
            [translation] "It is worth mentioning that, according to this standard, it will be up to the contracting company of labor service provider inform the contracted company of the existing risks, as well as assist in the preparation and implementation of PCMSO in the workplaces where services are being provided. NR-9 concerns the Environmental Risk Prevention Program (PPRA). The objective of this program is to define an action plan to preserving the health and physical integrity of workers in the face of the risks present in work environments also taking into account the protection of natural resources and the environment. According to the standard, the establishment of PPRA is mandatory for all employers and institutions that admit workers as employees. This program must be linked to the PCMSO".
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Still in the analysis phase, companies applying for financial support from the BNDES should meet the following requirements in all their branches:...Join the tracking system for the beef cattle production sector, which tracks cattle from birth to slaughter, to verify the environmental compliance of the supply chain;• When purchasing animals included in the tracking system, verify compliance of the farms involved, according to information from official bodies, as well as complying with the criteria set forth for direct suppliers; • As of January 2016, slaughter only the animals that have been continuously tracked from birth."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Still in the analysis phase, companies applying for financial support from the BNDES should meet the following requirements in all their branches:...Join the tracking system for the beef cattle production sector, which tracks cattle from birth to slaughter, to verify the environmental compliance of the supply chain;• When purchasing animals included in the tracking system, verify compliance of the farms involved, according to information from official bodies, as well as complying with the criteria set forth for direct suppliers; • As of January 2016, slaughter only the animals that have been continuously tracked from birth."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Still in the analysis phase, companies applying for financial support from the BNDES should meet the following requirements in all their branches:...Join the tracking system for the beef cattle production sector, which tracks cattle from birth to slaughter, to verify the environmental compliance of the supply chain;• When purchasing animals included in the tracking system, verify compliance of the farms involved, according to information from official bodies, as well as complying with the criteria set forth for direct suppliers; • As of January 2016, slaughter only the animals that have been continuously tracked from birth."
          • 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
            "Still in the analysis phase, companies applying for financial support from the BNDES should meet the following requirements in all their branches:...Join the tracking system for the beef cattle production sector, which tracks cattle from birth to slaughter, to verify the environmental compliance of the supply chain;• When purchasing animals included in the tracking system, verify compliance of the farms involved, according to information from official bodies, as well as complying with the criteria set forth for direct suppliers; • As of January 2016, slaughter only the animals that have been continuously tracked from birth."
        • Companies must be legally operated
          3.6/5.6
          • Commitment details
            Own operations - Require
            2/4
            Commitment details
            Own operations - Require
            2/4
            BNDES states that (Translation) "In complying with its Socio-Environmental Policy BNDES understands that its financial support must reconcile its Operational Policy with compliance with applicable legislation". 
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "The set of guidelines described below guides the performance of the BNDES System within the scope of its Social and Environmental Policy: Act in line with public policies and legislation in force in Brazil, especially with the provisions of the National Environment Policy and, abroad, with the laws applicable in each country."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "The set of guidelines described below guides the performance of the BNDES System within the scope of its Social and Environmental Policy: Act in line with public policies and legislation in force in Brazil, especially with the provisions of the National Environment Policy and, abroad, with the laws applicable in each country."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "The set of guidelines described below guides the performance of the BNDES System within the scope of its Social and Environmental Policy: Act in line with public policies and legislation in force in Brazil, especially with the provisions of the National Environment Policy and, abroad, with the laws applicable in each 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
            "The set of guidelines described below guides the performance of the BNDES System within the scope of its Social and Environmental Policy: Act in line with public policies and legislation in force in Brazil, especially with the provisions of the National Environment Policy and, abroad, with the laws applicable in each country."
        • 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
            "In operations classified in the Socioenvironmental Category A whose participation of BNDES is less than 20% of the value of the enterprise, as well as in operations classified in the Socioenvironmental Category B, in addition to socioenvironmental regularity, the BNDES will require a commitment to comply with any obligations and mitigating measures." "Location in socioenvironmentally sensitive areas, such as [...] national parks and other protected areas identified by national or international law [...] sensitive sites of international importance (the Ramsar Convention sites, IUCN - International Union for Conservation of Nature and UNESCO World Heritage protected areas [...] primary forests or natural forests in tropical areas, as well as other forests with a high biodiversity value"
          • 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 operations classified in the Socioenvironmental Category A whose participation of BNDES is less than 20% of the value of the enterprise, as well as in operations classified in the Socioenvironmental Category B, in addition to socioenvironmental regularity, the BNDES will require a commitment to comply with any obligations and mitigating measures." "Location in socioenvironmentally sensitive areas, such as [...] national parks and other protected areas identified by national or international law [...] sensitive sites of international importance (the Ramsar Convention sites, IUCN - International Union for Conservation of Nature and UNESCO World Heritage protected areas [...] primary forests or natural forests in tropical areas, as well as other forests with a high biodiversity value"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "In operations classified in the Socioenvironmental Category A whose participation of BNDES is less than 20% of the value of the enterprise, as well as in operations classified in the Socioenvironmental Category B, in addition to socioenvironmental regularity, the BNDES will require a commitment to comply with any obligations and mitigating measures." "Location in socioenvironmentally sensitive areas, such as [...] national parks and other protected areas identified by national or international law [...] sensitive sites of international importance (the Ramsar Convention sites, IUCN - International Union for Conservation of Nature and UNESCO World Heritage protected areas [...] primary forests or natural forests in tropical areas, as well as other forests with a high biodiversity value"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "In operations classified in the Socioenvironmental Category A whose participation of BNDES is less than 20% of the value of the enterprise, as well as in operations classified in the Socioenvironmental Category B, in addition to socioenvironmental regularity, the BNDES will require a commitment to comply with any obligations and mitigating measures." "Location in socioenvironmentally sensitive areas, such as [...] national parks and other protected areas identified by national or international law [...] sensitive sites of international importance (the Ramsar Convention sites, IUCN - International Union for Conservation of Nature and UNESCO World Heritage protected areas [...] primary forests or natural forests in tropical areas, as well as other forests with a high biodiversity value"
          • 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
            BNDES's social and environmental policy states that operations regarding "large-scale agriculture involving deforestation" that are located in sensitive areas, such as globally important areas as well as forests with high biodiversity value, require companies to submit documents to show that their operations do not adversly impact these areas.  
        • Assurance mechanism to ensure compliance
          5.4/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Verification method: Traceability System
            "Beneficiaries will also have special obligations, and non-compliance could result in the debt being called early. In contracts that formalize the operations for financial support, beneficiaries will be required to: [...] Join the tracking system for the beef cattle production sector, which tracks cattle from birth to slaughter, to verify the environmental compliance of the supply chain [...] When purchasing animals included in the tracking system, verify compliance of the farms involved, according to information from official bodies, as well as complying with the criteria set forth for direct suppliers"
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Beneficiaries will also have special obligations, and non-compliance could result in the debt being called early. In contracts that formalize the operations for financial support, beneficiaries will be required to: [...] Join the tracking system for the beef cattle production sector, which tracks cattle from birth to slaughter, to verify the environmental compliance of the supply chain [...] When purchasing animals included in the tracking system, verify compliance of the farms involved, according to information from official bodies, as well as complying with the criteria set forth for direct suppliers"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Beneficiaries will also have special obligations, and non-compliance could result in the debt being called early. In contracts that formalize the operations for financial support, beneficiaries will be required to: [...] Join the tracking system for the beef cattle production sector, which tracks cattle from birth to slaughter, to verify the environmental compliance of the supply chain [...] When purchasing animals included in the tracking system, verify compliance of the farms involved, according to information from official bodies, as well as complying with the criteria set forth for direct suppliers"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Beneficiaries will also have special obligations, and non-compliance could result in the debt being called early. In contracts that formalize the operations for financial support, beneficiaries will be required to: [...] Join the tracking system for the beef cattle production sector, which tracks cattle from birth to slaughter, to verify the environmental compliance of the supply chain [...] When purchasing animals included in the tracking system, verify compliance of the farms involved, according to information from official bodies, as well as complying with the criteria set forth for direct suppliers"
          • 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
            "Beneficiaries will also have special obligations, and non-compliance could result in the debt being called early. In contracts that formalize the operations for financial support, beneficiaries will be required to: [...] Join the tracking system for the beef cattle production sector, which tracks cattle from birth to slaughter, to verify the environmental compliance of the supply chain [...] When purchasing animals included in the tracking system, verify compliance of the farms involved, according to information from official bodies, as well as complying with the criteria set forth for direct suppliers"
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Commitments must be timebound
          2/5.6
          • Commitment details
            Encourage
            2/4
            Commitment details
            Encourage
            2/4
            Type of policy: Compliance is prerequisite for financing
            "Still in the analysis phase, companies applying for financial support from the BNDES should meet the following requirements in all their branches:...Join the tracking system for the beef cattle production sector, which tracks cattle from birth to slaughter, to verify the environmental compliance of the supply chain;•    When purchasing animals included in the tracking system, verify compliance of the farms involved, according to information from official bodies, as well as complying with the criteria set forth for direct suppliers; •    As of January 2016, slaughter only the animals that have been continuously tracked from birth."
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        2/22
        • 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
            None
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must address gender equality issues
          2.1/5.6
          • Commitment details
            Gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            Commitment details
            Gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            "encouraging projects and programs that contribute to gender equality and to the empowerment of women; and [...] encourage all suppliers, partners and beneficiaries of the relationship chain to adopt policies of valorization of women, promotion of gender equity and respect for diversity in their internal and external relations; [...] induce practices of beneficiaries of financial support to promote an environment free from discrimination; to stimulate projects that generate income and employment opportunities for women, directly benefiting them, or facilitating their participation in development"
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "encouraging projects and programs that contribute to gender equality and to the empowerment of women; and [...] encourage all suppliers, partners and beneficiaries of the relationship chain to adopt policies of valorization of women, promotion of gender equity and respect for diversity in their internal and external relations; [...] induce practices of beneficiaries of financial support to promote an environment free from discrimination; to stimulate projects that generate income and employment opportunities for women, directly benefiting them, or facilitating their participation in development"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "encouraging projects and programs that contribute to gender equality and to the empowerment of women; and [...] encourage all suppliers, partners and beneficiaries of the relationship chain to adopt policies of valorization of women, promotion of gender equity and respect for diversity in their internal and external relations; [...] induce practices of beneficiaries of financial support to promote an environment free from discrimination; to stimulate projects that generate income and employment opportunities for women, directly benefiting them, or facilitating their participation in development"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "encouraging projects and programs that contribute to gender equality and to the empowerment of women; and [...] encourage all suppliers, partners and beneficiaries of the relationship chain to adopt policies of valorization of women, promotion of gender equity and respect for diversity in their internal and external relations; [...] induce practices of beneficiaries of financial support to promote an environment free from discrimination; to stimulate projects that generate income and employment opportunities for women, directly benefiting them, or facilitating their participation in development"
          • 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
            "encouraging projects and programs that contribute to gender equality and to the empowerment of women; and [...] encourage all suppliers, partners and beneficiaries of the relationship chain to adopt policies of valorization of women, promotion of gender equity and respect for diversity in their internal and external relations; [...] induce practices of beneficiaries of financial support to promote an environment free from discrimination; to stimulate projects that generate income and employment opportunities for women, directly benefiting them, or facilitating their participation in development"
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
    • Palm oil
      13/64
      • Commitment Strength
        11/42
        • 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
            None
            0/0.4
        • Companies must be legally operated
          3.6/5.6
          • Commitment details
            Own operations - Require
            2/4
            Commitment details
            Own operations - Require
            2/4
            BNDES states that (Translation) "In complying with its Socio-Environmental Policy BNDES understands that its financial support must reconcile its Operational Policy with compliance with applicable legislation". 
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "The set of guidelines described below guides the performance of the BNDES System within the scope of its Social and Environmental Policy: Act in line with public policies and legislation in force in Brazil, especially with the provisions of the National Environment Policy and, abroad, with the laws applicable in each country."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "The set of guidelines described below guides the performance of the BNDES System within the scope of its Social and Environmental Policy: Act in line with public policies and legislation in force in Brazil, especially with the provisions of the National Environment Policy and, abroad, with the laws applicable in each country."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "The set of guidelines described below guides the performance of the BNDES System within the scope of its Social and Environmental Policy: Act in line with public policies and legislation in force in Brazil, especially with the provisions of the National Environment Policy and, abroad, with the laws applicable in each 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
            "The set of guidelines described below guides the performance of the BNDES System within the scope of its Social and Environmental Policy: Act in line with public policies and legislation in force in Brazil, especially with the provisions of the National Environment Policy and, abroad, with the laws applicable in each country."
        • 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
            "In operations classified in the Socioenvironmental Category A whose participation of BNDES is less than 20% of the value of the enterprise, as well as in operations classified in the Socioenvironmental Category B, in addition to socioenvironmental regularity, the BNDES will require a commitment to comply with any obligations and mitigating measures." "Location in socioenvironmentally sensitive areas, such as [...] national parks and other protected areas identified by national or international law [...] sensitive sites of international importance (the Ramsar Convention sites, IUCN - International Union for Conservation of Nature and UNESCO World Heritage protected areas [...] primary forests or natural forests in tropical areas, as well as other forests with a high biodiversity value"
          • 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 operations classified in the Socioenvironmental Category A whose participation of BNDES is less than 20% of the value of the enterprise, as well as in operations classified in the Socioenvironmental Category B, in addition to socioenvironmental regularity, the BNDES will require a commitment to comply with any obligations and mitigating measures." "Location in socioenvironmentally sensitive areas, such as [...] national parks and other protected areas identified by national or international law [...] sensitive sites of international importance (the Ramsar Convention sites, IUCN - International Union for Conservation of Nature and UNESCO World Heritage protected areas [...] primary forests or natural forests in tropical areas, as well as other forests with a high biodiversity value"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "In operations classified in the Socioenvironmental Category A whose participation of BNDES is less than 20% of the value of the enterprise, as well as in operations classified in the Socioenvironmental Category B, in addition to socioenvironmental regularity, the BNDES will require a commitment to comply with any obligations and mitigating measures." "Location in socioenvironmentally sensitive areas, such as [...] national parks and other protected areas identified by national or international law [...] sensitive sites of international importance (the Ramsar Convention sites, IUCN - International Union for Conservation of Nature and UNESCO World Heritage protected areas [...] primary forests or natural forests in tropical areas, as well as other forests with a high biodiversity value"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "In operations classified in the Socioenvironmental Category A whose participation of BNDES is less than 20% of the value of the enterprise, as well as in operations classified in the Socioenvironmental Category B, in addition to socioenvironmental regularity, the BNDES will require a commitment to comply with any obligations and mitigating measures." "Location in socioenvironmentally sensitive areas, such as [...] national parks and other protected areas identified by national or international law [...] sensitive sites of international importance (the Ramsar Convention sites, IUCN - International Union for Conservation of Nature and UNESCO World Heritage protected areas [...] primary forests or natural forests in tropical areas, as well as other forests with a high biodiversity value"
          • 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
            BNDES's social and environmental policy states that operations regarding "large-scale agriculture involving deforestation" that are located in sensitive areas, such as globally important areas as well as forests with high biodiversity value, require companies to submit documents to show that their operations do not adversly impact these areas.  
        • Assurance mechanism to ensure compliance
          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 deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • 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
            None
            0/0.4
      • Social Considerations
        2/22
        • 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
            None
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must address gender equality issues
          2.1/5.6
          • Commitment details
            Gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            Commitment details
            Gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            "encouraging projects and programs that contribute to gender equality and to the empowerment of women; and [...] encourage all suppliers, partners and beneficiaries of the relationship chain to adopt policies of valorization of women, promotion of gender equity and respect for diversity in their internal and external relations; [...] induce practices of beneficiaries of financial support to promote an environment free from discrimination; to stimulate projects that generate income and employment opportunities for women, directly benefiting them, or facilitating their participation in development"
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "encouraging projects and programs that contribute to gender equality and to the empowerment of women; and [...] encourage all suppliers, partners and beneficiaries of the relationship chain to adopt policies of valorization of women, promotion of gender equity and respect for diversity in their internal and external relations; [...] induce practices of beneficiaries of financial support to promote an environment free from discrimination; to stimulate projects that generate income and employment opportunities for women, directly benefiting them, or facilitating their participation in development"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "encouraging projects and programs that contribute to gender equality and to the empowerment of women; and [...] encourage all suppliers, partners and beneficiaries of the relationship chain to adopt policies of valorization of women, promotion of gender equity and respect for diversity in their internal and external relations; [...] induce practices of beneficiaries of financial support to promote an environment free from discrimination; to stimulate projects that generate income and employment opportunities for women, directly benefiting them, or facilitating their participation in development"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "encouraging projects and programs that contribute to gender equality and to the empowerment of women; and [...] encourage all suppliers, partners and beneficiaries of the relationship chain to adopt policies of valorization of women, promotion of gender equity and respect for diversity in their internal and external relations; [...] induce practices of beneficiaries of financial support to promote an environment free from discrimination; to stimulate projects that generate income and employment opportunities for women, directly benefiting them, or facilitating their participation in development"
          • 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
            "encouraging projects and programs that contribute to gender equality and to the empowerment of women; and [...] encourage all suppliers, partners and beneficiaries of the relationship chain to adopt policies of valorization of women, promotion of gender equity and respect for diversity in their internal and external relations; [...] induce practices of beneficiaries of financial support to promote an environment free from discrimination; to stimulate projects that generate income and employment opportunities for women, directly benefiting them, or facilitating their participation in development"
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
    • Soy
      33/64
      • Commitment Strength
        31/42
        • Commodity-specific financing policy
          9.3/9.6
          • Commitment details
            Yes
            8/8
            Commitment details
            Yes
            8/8
            Type of policy: Sustainable/Responsible
            "The BNDES Social and Environmental Guides are documents that serve as a basis for the Bank's technical team to analyze projects to be financed" [translation] - "Among the main certifications for the soy sector it is possible to mention ISO 14.000, SA 8.000, OHSAS 18.000, Organic, Fair Trade, Global Gap, Rainforest Alliance Certified - sustainable agriculture network [...] The Soy Moratorium is a term of commitment assumed by the Brazilian Vegetable Oil Industry Association, by the Brazilian Association of Cereal Exporters (Anec) and by their respective associates, signed on July 24, 2006. Through it, we assume the commitment of not selling soy from areas that were deforested within the Amazon Biome as of that date"
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "The BNDES Social and Environmental Guides are documents that serve as a basis for the Bank's technical team to analyze projects to be financed" [translation] - "Among the main certifications for the soy sector it is possible to mention ISO 14.000, SA 8.000, OHSAS 18.000, Organic, Fair Trade, Global Gap, Rainforest Alliance Certified - sustainable agriculture network [...] The Soy Moratorium is a term of commitment assumed by the Brazilian Vegetable Oil Industry Association, by the Brazilian Association of Cereal Exporters (Anec) and by their respective associates, signed on July 24, 2006. Through it, we assume the commitment of not selling soy from areas that were deforested within the Amazon Biome as of that date"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "The BNDES Social and Environmental Guides are documents that serve as a basis for the Bank's technical team to analyze projects to be financed" [translation] - "Among the main certifications for the soy sector it is possible to mention ISO 14.000, SA 8.000, OHSAS 18.000, Organic, Fair Trade, Global Gap, Rainforest Alliance Certified - sustainable agriculture network [...] The Soy Moratorium is a term of commitment assumed by the Brazilian Vegetable Oil Industry Association, by the Brazilian Association of Cereal Exporters (Anec) and by their respective associates, signed on July 24, 2006. Through it, we assume the commitment of not selling soy from areas that were deforested within the Amazon Biome as of that date"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "The BNDES Social and Environmental Guides are documents that serve as a basis for the Bank's technical team to analyze projects to be financed" [translation] - "Among the main certifications for the soy sector it is possible to mention ISO 14.000, SA 8.000, OHSAS 18.000, Organic, Fair Trade, Global Gap, Rainforest Alliance Certified - sustainable agriculture network [...] The Soy Moratorium is a term of commitment assumed by the Brazilian Vegetable Oil Industry Association, by the Brazilian Association of Cereal Exporters (Anec) and by their respective associates, signed on July 24, 2006. Through it, we assume the commitment of not selling soy from areas that were deforested within the Amazon Biome as of that date"
          • Policy applies to all stages of the supply chain
            Producers
            0.1/0.4
            Policy applies to all stages of the supply chain
            Producers
            0.1/0.4
            "The BNDES Social and Environmental Guides are documents that serve as a basis for the Bank's technical team to analyze projects to be financed" [translation] - "Among the main certifications for the soy sector it is possible to mention ISO 14.000, SA 8.000, OHSAS 18.000, Organic, Fair Trade, Global Gap, Rainforest Alliance Certified - sustainable agriculture network [...] The Soy Moratorium is a term of commitment assumed by the Brazilian Vegetable Oil Industry Association, by the Brazilian Association of Cereal Exporters (Anec) and by their respective associates, signed on July 24, 2006. Through it, we assume the commitment of not selling soy from areas that were deforested within the Amazon Biome as of that date"
        • Companies must be legally operated
          3.6/5.6
          • Commitment details
            Own operations - Require
            2/4
            Commitment details
            Own operations - Require
            2/4
            BNDES states that (Translation) "In complying with its Socio-Environmental Policy BNDES understands that its financial support must reconcile its Operational Policy with compliance with applicable legislation". 
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "The set of guidelines described below guides the performance of the BNDES System within the scope of its Social and Environmental Policy: Act in line with public policies and legislation in force in Brazil, especially with the provisions of the National Environment Policy and, abroad, with the laws applicable in each country."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "The set of guidelines described below guides the performance of the BNDES System within the scope of its Social and Environmental Policy: Act in line with public policies and legislation in force in Brazil, especially with the provisions of the National Environment Policy and, abroad, with the laws applicable in each country."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "The set of guidelines described below guides the performance of the BNDES System within the scope of its Social and Environmental Policy: Act in line with public policies and legislation in force in Brazil, especially with the provisions of the National Environment Policy and, abroad, with the laws applicable in each 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
            "The set of guidelines described below guides the performance of the BNDES System within the scope of its Social and Environmental Policy: Act in line with public policies and legislation in force in Brazil, especially with the provisions of the National Environment Policy and, abroad, with the laws applicable in each country."
        • 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
            "In operations classified in the Socioenvironmental Category A whose participation of BNDES is less than 20% of the value of the enterprise, as well as in operations classified in the Socioenvironmental Category B, in addition to socioenvironmental regularity, the BNDES will require a commitment to comply with any obligations and mitigating measures." "Location in socioenvironmentally sensitive areas, such as [...] national parks and other protected areas identified by national or international law [...] sensitive sites of international importance (the Ramsar Convention sites, IUCN - International Union for Conservation of Nature and UNESCO World Heritage protected areas [...] primary forests or natural forests in tropical areas, as well as other forests with a high biodiversity value"
          • 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 operations classified in the Socioenvironmental Category A whose participation of BNDES is less than 20% of the value of the enterprise, as well as in operations classified in the Socioenvironmental Category B, in addition to socioenvironmental regularity, the BNDES will require a commitment to comply with any obligations and mitigating measures." "Location in socioenvironmentally sensitive areas, such as [...] national parks and other protected areas identified by national or international law [...] sensitive sites of international importance (the Ramsar Convention sites, IUCN - International Union for Conservation of Nature and UNESCO World Heritage protected areas [...] primary forests or natural forests in tropical areas, as well as other forests with a high biodiversity value"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "In operations classified in the Socioenvironmental Category A whose participation of BNDES is less than 20% of the value of the enterprise, as well as in operations classified in the Socioenvironmental Category B, in addition to socioenvironmental regularity, the BNDES will require a commitment to comply with any obligations and mitigating measures." "Location in socioenvironmentally sensitive areas, such as [...] national parks and other protected areas identified by national or international law [...] sensitive sites of international importance (the Ramsar Convention sites, IUCN - International Union for Conservation of Nature and UNESCO World Heritage protected areas [...] primary forests or natural forests in tropical areas, as well as other forests with a high biodiversity value"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "In operations classified in the Socioenvironmental Category A whose participation of BNDES is less than 20% of the value of the enterprise, as well as in operations classified in the Socioenvironmental Category B, in addition to socioenvironmental regularity, the BNDES will require a commitment to comply with any obligations and mitigating measures." "Location in socioenvironmentally sensitive areas, such as [...] national parks and other protected areas identified by national or international law [...] sensitive sites of international importance (the Ramsar Convention sites, IUCN - International Union for Conservation of Nature and UNESCO World Heritage protected areas [...] primary forests or natural forests in tropical areas, as well as other forests with a high biodiversity value"
          • 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
            BNDES's social and environmental policy states that operations regarding "large-scale agriculture involving deforestation" that are located in sensitive areas, such as globally important areas as well as forests with high biodiversity value, require companies to submit documents to show that their operations do not adversly impact these areas.  
        • Assurance mechanism to ensure compliance
          5.4/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            BNDES's social and environmental policy states that operations regarding "large-scale agriculture involving deforestation" that are located in sensitive areas, such as globally important areas as well as forests with high biodiversity value, require companies to submit documents to show that their operations do not adversely impact these areas.  
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            BNDES provides guidelines to apply better practices when financing the soy sector,[Translation] - "It is good practice to implement certifications by companies to differentiate and differentiate their products on the market. The scope of the certifications must be well known in order to avoid misunderstandings regarding the socio-environmental aspects effectively taken into account by the certifier. Some are more appropriate for the agricultural stage, while others for the industrial stage of soy production. Among the main certifications for the soy sector it is possible to mention ISO 14.000, SA 8.000, OHSAS 18.000, Organic, Fair Trade, Global Gap, Rainforest Alliance Certified - sustainable agriculture network"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            BNDES provides guidelines to apply better practices when financing the soy sector,[Translation] - "It is good practice to implement certifications by companies to differentiate and differentiate their products on the market. The scope of the certifications must be well known in order to avoid misunderstandings regarding the socio-environmental aspects effectively taken into account by the certifier. Some are more appropriate for the agricultural stage, while others for the industrial stage of soy production. Among the main certifications for the soy sector it is possible to mention ISO 14.000, SA 8.000, OHSAS 18.000, Organic, Fair Trade, Global Gap, Rainforest Alliance Certified - sustainable agriculture network"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            BNDES provides guidelines to apply better practices when financing the soy sector,[Translation] - "It is good practice to implement certifications by companies to differentiate and differentiate their products on the market. The scope of the certifications must be well known in order to avoid misunderstandings regarding the socio-environmental aspects effectively taken into account by the certifier. Some are more appropriate for the agricultural stage, while others for the industrial stage of soy production. Among the main certifications for the soy sector it is possible to mention ISO 14.000, SA 8.000, OHSAS 18.000, Organic, Fair Trade, Global Gap, Rainforest Alliance Certified - sustainable agriculture network"
          • 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
            BNDES provides guidelines to apply better practices when financing the soy sector,[Translation] - "It is good practice to implement certifications by companies to differentiate and differentiate their products on the market. The scope of the certifications must be well known in order to avoid misunderstandings regarding the socio-environmental aspects effectively taken into account by the certifier. Some are more appropriate for the agricultural stage, while others for the industrial stage of soy production. Among the main certifications for the soy sector it is possible to mention ISO 14.000, SA 8.000, OHSAS 18.000, Organic, Fair Trade, Global Gap, Rainforest Alliance Certified - sustainable agriculture network"
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Commitments must be timebound
          5.6/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Type of policy: Compliance is prerequisite for financing
            "During the operational analysis of Socioenvironmental Category A or B, the documents listed below must be submitted to BNDES: Environmental impact studies and related documentation, with a description of the enterprise�s risks and impacts; proposal for measures aimed at preventing, minimizing, mitigating, eliminating or compensating for adverse impacts; legal certification proving that the enterprise is in line with the local legislation; studies, documents and proposals submitted to other financiers, if the enterprise is supported by some other export credit agency and/or multilateral body; other documents, in accordance with BNDES�s criteria"
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "During the operational analysis of Socioenvironmental Category A or B, the documents listed below must be submitted to BNDES: Environmental impact studies and related documentation, with a description of the enterprise�s risks and impacts; proposal for measures aimed at preventing, minimizing, mitigating, eliminating or compensating for adverse impacts; legal certification proving that the enterprise is in line with the local legislation; studies, documents and proposals submitted to other financiers, if the enterprise is supported by some other export credit agency and/or multilateral body; other documents, in accordance with BNDES�s criteria"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "During the operational analysis of Socioenvironmental Category A or B, the documents listed below must be submitted to BNDES: Environmental impact studies and related documentation, with a description of the enterprise�s risks and impacts; proposal for measures aimed at preventing, minimizing, mitigating, eliminating or compensating for adverse impacts; legal certification proving that the enterprise is in line with the local legislation; studies, documents and proposals submitted to other financiers, if the enterprise is supported by some other export credit agency and/or multilateral body; other documents, in accordance with BNDES�s criteria"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "During the operational analysis of Socioenvironmental Category A or B, the documents listed below must be submitted to BNDES: Environmental impact studies and related documentation, with a description of the enterprise�s risks and impacts; proposal for measures aimed at preventing, minimizing, mitigating, eliminating or compensating for adverse impacts; legal certification proving that the enterprise is in line with the local legislation; studies, documents and proposals submitted to other financiers, if the enterprise is supported by some other export credit agency and/or multilateral body; other documents, in accordance with BNDES�s criteria"
          • 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
            "During the operational analysis of Socioenvironmental Category A or B, the documents listed below must be submitted to BNDES: Environmental impact studies and related documentation, with a description of the enterprise�s risks and impacts; proposal for measures aimed at preventing, minimizing, mitigating, eliminating or compensating for adverse impacts; legal certification proving that the enterprise is in line with the local legislation; studies, documents and proposals submitted to other financiers, if the enterprise is supported by some other export credit agency and/or multilateral body; other documents, in accordance with BNDES�s criteria"
      • Social Considerations
        2/22
        • 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
            None
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must address gender equality issues
          2.1/5.6
          • Commitment details
            Gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            Commitment details
            Gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            "encouraging projects and programs that contribute to gender equality and to the empowerment of women; and [...] encourage all suppliers, partners and beneficiaries of the relationship chain to adopt policies of valorization of women, promotion of gender equity and respect for diversity in their internal and external relations; [...] induce practices of beneficiaries of financial support to promote an environment free from discrimination; to stimulate projects that generate income and employment opportunities for women, directly benefiting them, or facilitating their participation in development"
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "encouraging projects and programs that contribute to gender equality and to the empowerment of women; and [...] encourage all suppliers, partners and beneficiaries of the relationship chain to adopt policies of valorization of women, promotion of gender equity and respect for diversity in their internal and external relations; [...] induce practices of beneficiaries of financial support to promote an environment free from discrimination; to stimulate projects that generate income and employment opportunities for women, directly benefiting them, or facilitating their participation in development"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "encouraging projects and programs that contribute to gender equality and to the empowerment of women; and [...] encourage all suppliers, partners and beneficiaries of the relationship chain to adopt policies of valorization of women, promotion of gender equity and respect for diversity in their internal and external relations; [...] induce practices of beneficiaries of financial support to promote an environment free from discrimination; to stimulate projects that generate income and employment opportunities for women, directly benefiting them, or facilitating their participation in development"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "encouraging projects and programs that contribute to gender equality and to the empowerment of women; and [...] encourage all suppliers, partners and beneficiaries of the relationship chain to adopt policies of valorization of women, promotion of gender equity and respect for diversity in their internal and external relations; [...] induce practices of beneficiaries of financial support to promote an environment free from discrimination; to stimulate projects that generate income and employment opportunities for women, directly benefiting them, or facilitating their participation in development"
          • 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
            "encouraging projects and programs that contribute to gender equality and to the empowerment of women; and [...] encourage all suppliers, partners and beneficiaries of the relationship chain to adopt policies of valorization of women, promotion of gender equity and respect for diversity in their internal and external relations; [...] induce practices of beneficiaries of financial support to promote an environment free from discrimination; to stimulate projects that generate income and employment opportunities for women, directly benefiting them, or facilitating their participation in development"
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
    • Timber, Pulp & Paper
      32/64
      • Commitment Strength
        30/42
        • Commodity-specific financing policy
          9.4/9.6
          • Commitment details
            Yes
            8/8
            Commitment details
            Yes
            8/8
            Type of policy: Sustainable/Responsible
            "In operations classified in the Socioenvironmental Category A whose participation of BNDES is less than 20% of the value of the enterprise, as well as in operations classified in the Socioenvironmental Category B, in addition to socioenvironmental regularity, the BNDES will require a commitment to comply with any obligations and mitigating measures." This includes the forestry sector, as well as cellulose and paper.
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "During the operational analysis of Socioenvironmental Category A or B, the documents listed below must be submitted to BNDES: Environmental impact studies and related documentation, with a description of the enterprise?s risks and impacts; proposal for measures aimed at preventing, minimizing, mitigating, eliminating or compensating for adverse impacts; legal certification proving that the enterprise is in line with the local legislation; studies, documents and proposals submitted to other financiers, if the enterprise is supported by some other export credit agency and/or multilateral body; other documents, in accordance with BNDES?s criteria"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "During the operational analysis of Socioenvironmental Category A or B, the documents listed below must be submitted to BNDES: Environmental impact studies and related documentation, with a description of the enterprise?s risks and impacts; proposal for measures aimed at preventing, minimizing, mitigating, eliminating or compensating for adverse impacts; legal certification proving that the enterprise is in line with the local legislation; studies, documents and proposals submitted to other financiers, if the enterprise is supported by some other export credit agency and/or multilateral body; other documents, in accordance with BNDES?s criteria"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "During the operational analysis of Socioenvironmental Category A or B, the documents listed below must be submitted to BNDES: Environmental impact studies and related documentation, with a description of the enterprise?s risks and impacts; proposal for measures aimed at preventing, minimizing, mitigating, eliminating or compensating for adverse impacts; legal certification proving that the enterprise is in line with the local legislation; studies, documents and proposals submitted to other financiers, if the enterprise is supported by some other export credit agency and/or multilateral body; other documents, in accordance with BNDES?s criteria"
          • 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
            "During the operational analysis of Socioenvironmental Category A or B, the documents listed below must be submitted to BNDES: Environmental impact studies and related documentation, with a description of the enterprise?s risks and impacts; proposal for measures aimed at preventing, minimizing, mitigating, eliminating or compensating for adverse impacts; legal certification proving that the enterprise is in line with the local legislation; studies, documents and proposals submitted to other financiers, if the enterprise is supported by some other export credit agency and/or multilateral body; other documents, in accordance with BNDES?s criteria"
        • Companies must be legally operated
          3.6/5.6
          • Commitment details
            Own operations - Require
            2/4
            Commitment details
            Own operations - Require
            2/4
            BNDES states that (Translation) "In complying with its Socio-Environmental Policy BNDES understands that its financial support must reconcile its Operational Policy with compliance with applicable legislation". 
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "The set of guidelines described below guides the performance of the BNDES System within the scope of its Social and Environmental Policy: Act in line with public policies and legislation in force in Brazil, especially with the provisions of the National Environment Policy and, abroad, with the laws applicable in each country."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "The set of guidelines described below guides the performance of the BNDES System within the scope of its Social and Environmental Policy: Act in line with public policies and legislation in force in Brazil, especially with the provisions of the National Environment Policy and, abroad, with the laws applicable in each country."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "The set of guidelines described below guides the performance of the BNDES System within the scope of its Social and Environmental Policy: Act in line with public policies and legislation in force in Brazil, especially with the provisions of the National Environment Policy and, abroad, with the laws applicable in each 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
            "The set of guidelines described below guides the performance of the BNDES System within the scope of its Social and Environmental Policy: Act in line with public policies and legislation in force in Brazil, especially with the provisions of the National Environment Policy and, abroad, with the laws applicable in each country."
        • 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
            "In operations classified in the Socioenvironmental Category A whose participation of BNDES is less than 20% of the value of the enterprise, as well as in operations classified in the Socioenvironmental Category B, in addition to socioenvironmental regularity, the BNDES will require a commitment to comply with any obligations and mitigating measures." "Location in socioenvironmentally sensitive areas, such as [...] national parks and other protected areas identified by national or international law [...] sensitive sites of international importance (the Ramsar Convention sites, IUCN - International Union for Conservation of Nature and UNESCO World Heritage protected areas [...] primary forests or natural forests in tropical areas, as well as other forests with a high biodiversity value"
          • 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 operations classified in the Socioenvironmental Category A whose participation of BNDES is less than 20% of the value of the enterprise, as well as in operations classified in the Socioenvironmental Category B, in addition to socioenvironmental regularity, the BNDES will require a commitment to comply with any obligations and mitigating measures." "Location in socioenvironmentally sensitive areas, such as [...] national parks and other protected areas identified by national or international law [...] sensitive sites of international importance (the Ramsar Convention sites, IUCN - International Union for Conservation of Nature and UNESCO World Heritage protected areas [...] primary forests or natural forests in tropical areas, as well as other forests with a high biodiversity value"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "In operations classified in the Socioenvironmental Category A whose participation of BNDES is less than 20% of the value of the enterprise, as well as in operations classified in the Socioenvironmental Category B, in addition to socioenvironmental regularity, the BNDES will require a commitment to comply with any obligations and mitigating measures." "Location in socioenvironmentally sensitive areas, such as [...] national parks and other protected areas identified by national or international law [...] sensitive sites of international importance (the Ramsar Convention sites, IUCN - International Union for Conservation of Nature and UNESCO World Heritage protected areas [...] primary forests or natural forests in tropical areas, as well as other forests with a high biodiversity value"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "In operations classified in the Socioenvironmental Category A whose participation of BNDES is less than 20% of the value of the enterprise, as well as in operations classified in the Socioenvironmental Category B, in addition to socioenvironmental regularity, the BNDES will require a commitment to comply with any obligations and mitigating measures." "Location in socioenvironmentally sensitive areas, such as [...] national parks and other protected areas identified by national or international law [...] sensitive sites of international importance (the Ramsar Convention sites, IUCN - International Union for Conservation of Nature and UNESCO World Heritage protected areas [...] primary forests or natural forests in tropical areas, as well as other forests with a high biodiversity value"
          • 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
            BNDES's social and environmental policy states that operations regarding "large-scale agriculture involving deforestation" that are located in sensitive areas, such as globally important areas as well as forests with high biodiversity value, require companies to submit documents to show that their operations do not adversly impact these areas.  
        • Assurance mechanism to ensure compliance
          5.4/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            BNDES's social and environmental policy states that operations regarding "large-scale agriculture involving deforestation" that are located in sensitive areas, such as globally important areas as well as forests with high biodiversity value, require companies to submit documents to show that their operations do not adversely impact these areas.  
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            BNDES's social and environmental policy states that operations regarding "large-scale agriculture involving deforestation" that are located in sensitive areas, such as globally important areas as well as forests with high biodiversity value, require companies to submit documents to show that their operations do not adversely impact these areas.
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            BNDES's social and environmental policy states that operations regarding "large-scale agriculture involving deforestation" that are located in sensitive areas, such as globally important areas as well as forests with high biodiversity value, require companies to submit documents to show that their operations do not adversely impact these areas.
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            BNDES's social and environmental policy states that operations regarding "large-scale agriculture involving deforestation" that are located in sensitive areas, such as globally important areas as well as forests with high biodiversity value, require companies to submit documents to show that their operations do not adversely impact these areas.
          • 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
            BNDES's social and environmental policy states that operations regarding "large-scale agriculture involving deforestation" that are located in sensitive areas, such as globally important areas as well as forests with high biodiversity value, require companies to submit documents to show that their operations do not adversely impact these areas.
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Commitments must be timebound
          4/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Type of policy: Compliance is prerequisite for financing
            "During the operational analysis of Socioenvironmental Category A or B, the documents listed below must be submitted to BNDES: Environmental impact studies and related documentation, with a description of the enterprise�s risks and impacts; proposal for measures aimed at preventing, minimizing, mitigating, eliminating or compensating for adverse impacts; legal certification proving that the enterprise is in line with the local legislation; studies, documents and proposals submitted to other financiers, if the enterprise is supported by some other export credit agency and/or multilateral body; other documents, in accordance with BNDES�s criteria"
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        2/22
        • 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
            None
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must address gender equality issues
          2.1/5.6
          • Commitment details
            Gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            Commitment details
            Gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            "encouraging projects and programs that contribute to gender equality and to the empowerment of women; and [...] encourage all suppliers, partners and beneficiaries of the relationship chain to adopt policies of valorization of women, promotion of gender equity and respect for diversity in their internal and external relations; [...] induce practices of beneficiaries of financial support to promote an environment free from discrimination; to stimulate projects that generate income and employment opportunities for women, directly benefiting them, or facilitating their participation in development"
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "encouraging projects and programs that contribute to gender equality and to the empowerment of women; and [...] encourage all suppliers, partners and beneficiaries of the relationship chain to adopt policies of valorization of women, promotion of gender equity and respect for diversity in their internal and external relations; [...] induce practices of beneficiaries of financial support to promote an environment free from discrimination; to stimulate projects that generate income and employment opportunities for women, directly benefiting them, or facilitating their participation in development"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "encouraging projects and programs that contribute to gender equality and to the empowerment of women; and [...] encourage all suppliers, partners and beneficiaries of the relationship chain to adopt policies of valorization of women, promotion of gender equity and respect for diversity in their internal and external relations; [...] induce practices of beneficiaries of financial support to promote an environment free from discrimination; to stimulate projects that generate income and employment opportunities for women, directly benefiting them, or facilitating their participation in development"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "encouraging projects and programs that contribute to gender equality and to the empowerment of women; and [...] encourage all suppliers, partners and beneficiaries of the relationship chain to adopt policies of valorization of women, promotion of gender equity and respect for diversity in their internal and external relations; [...] induce practices of beneficiaries of financial support to promote an environment free from discrimination; to stimulate projects that generate income and employment opportunities for women, directly benefiting them, or facilitating their participation in development"
          • 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
            "encouraging projects and programs that contribute to gender equality and to the empowerment of women; and [...] encourage all suppliers, partners and beneficiaries of the relationship chain to adopt policies of valorization of women, promotion of gender equity and respect for diversity in their internal and external relations; [...] induce practices of beneficiaries of financial support to promote an environment free from discrimination; to stimulate projects that generate income and employment opportunities for women, directly benefiting them, or facilitating their participation in development"
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
  • Reporting & Implementation
    8/20
    • Policy is reviewed and updated
      3/5
      Policy review
      Commit to update policy - Timeline unclear
      3/5
      "BNDES uses the following instruments to implement, monitor, evaluate and update its Socio-Environmental Policy at the operational level [...] repayable and non-repayable products, lines, programs and funds for financial support [...] sectoral resolutions, specific policies and other regulations [...] internal risk assessment and social and environmental analysis procedures for beneficiaries and enterprises [...] methodologies for assessing beneficiaries, assessing credit risk, and monitoring and assessing the impact of supported projects."
    • 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
      "For Socio-Environmental Category A, the socio-environmental consulting company mentioned in the previous item must be contracted by the Exporter / Debtor for the entire monitoring period. Such company must verify the socio-environmental regularity of the enterprise, the fulfillment of any social and environmental obligations defined at the discretion of the BNDES and the fulfillment of any mitigating and conditioning measures present in the Financing Agreement and in the Environmental Licenses."
    • Reporting on implementation of the policy
      0/5
  • Commitment strength
    25/42
    Avg. score
  • Social considerations
    2/22
    Avg. score

Profile

The Brazilian Development Bank (BNDES) offers financial services to Brazilian companies and financial institutions with the aim of stimulating industry and infrastructure growth in Brazil. Their services include corporate financing, non-reimbursable investments, and securities. As of 2017, the bank's total assets amount to more than 870 billion BRL, with loans of more than 590 billion BRL. BNDES are a top financier in Brazil, an important forest jurisdiction in terms of tropical forest cover and agricultural commodity production and trading.

HQ
HQ 
Brazil
Financial institution type
Financial institution type 
National Development 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.