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  • Overall approach
    1/10
    • Overarching commitment on deforestation
      0/6
    • Deforestation as a business risk
      0/2
    • Target to reduce emissions in scope 1/2
    • Company must have anti-corruption policy
      1/2
      Yes, either an anti-corruption policy or a policy on prohibiting abusive tax arrangements
      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
    19/90
    • Beef & Leather
      22/90
      • Commitment Strength
        14/31
        • Commodity-specific deforestation financing policy
          5.4/9.6
          • Commitment details
            Protects priority forests
            4/8
            Commitment details
            Protects priority forests
            4/8
            [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".; "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 financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            [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".; "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 financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            [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".; "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 financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            [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".; "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
            [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".; "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"
        • Companies must be legally operated
          3.1/4.6
          • Commitment details
            Companies own operations - Required
            1.5/3
            Commitment details
            Companies own operations - Required
            1.5/3
            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 financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            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 deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            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 companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            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 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
            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". 
        • Companies must monitor operations
          5.4/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            Type of policy: 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 financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            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 financing
            0.4/0.4
            Policy applies to all deals
            All financing
            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 financing
            0.4/0.4
            Policy applies to all companies
            All financing
            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 conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        2/28
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must address gender equality issues
          2.1/5.6
          • Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            "Since February 2008, BNDES financing contracts have included the so-called Social Clause, which explains the fight against discrimination based on race or gender, child labor and slave labor in Brazil. [...] Respect for social clauses was already a precondition for contracting financing from the Bank. But, from then on, the ban on discriminatory practices became an explicit part of the BNDES contracts. [...] With this instrument, BNDES can act with greater speed and rigor to curb possible criminal practices in financed projects. That is, by noting disrespect for the legislation that deals with combating racial or gender discrimination, child labor, slave labor and moral or sexual harassment." ; "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 financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Since February 2008, BNDES financing contracts have included the so-called Social Clause, which explains the fight against discrimination based on race or gender, child labor and slave labor in Brazil. [...] Respect for social clauses was already a precondition for contracting financing from the Bank. But, from then on, the ban on discriminatory practices became an explicit part of the BNDES contracts. [...] With this instrument, BNDES can act with greater speed and rigor to curb possible criminal practices in financed projects. That is, by noting disrespect for the legislation that deals with combating racial or gender discrimination, child labor, slave labor and moral or sexual harassment." ; "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 financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Since February 2008, BNDES financing contracts have included the so-called Social Clause, which explains the fight against discrimination based on race or gender, child labor and slave labor in Brazil. [...] Respect for social clauses was already a precondition for contracting financing from the Bank. But, from then on, the ban on discriminatory practices became an explicit part of the BNDES contracts. [...] With this instrument, BNDES can act with greater speed and rigor to curb possible criminal practices in financed projects. That is, by noting disrespect for the legislation that deals with combating racial or gender discrimination, child labor, slave labor and moral or sexual harassment." ; "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 financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Since February 2008, BNDES financing contracts have included the so-called Social Clause, which explains the fight against discrimination based on race or gender, child labor and slave labor in Brazil. [...] Respect for social clauses was already a precondition for contracting financing from the Bank. But, from then on, the ban on discriminatory practices became an explicit part of the BNDES contracts. [...] With this instrument, BNDES can act with greater speed and rigor to curb possible criminal practices in financed projects. That is, by noting disrespect for the legislation that deals with combating racial or gender discrimination, child labor, slave labor and moral or sexual harassment." ; "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
            "Since February 2008, BNDES financing contracts have included the so-called Social Clause, which explains the fight against discrimination based on race or gender, child labor and slave labor in Brazil. [...] Respect for social clauses was already a precondition for contracting financing from the Bank. But, from then on, the ban on discriminatory practices became an explicit part of the BNDES contracts. [...] With this instrument, BNDES can act with greater speed and rigor to curb possible criminal practices in financed projects. That is, by noting disrespect for the legislation that deals with combating racial or gender discrimination, child labor, slave labor and moral or sexual harassment." ; "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
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        6/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          "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."
        • Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          Monitoring and non-compliance process
          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."; "All obligations, any indicators, social and environmental obligations and conditions defined by the BNDES in the contract are monitored throughout the project's implementation and the total term of the financing. [...] Checked are: [...] the fiscal, social security and environmental regularities of the beneficiary and the enterprise; compliance with any mitigating measures, obligations in terms of adjustment of conduct and conditions present in the contract and in the environmental licenses;  the monitoring of social and environmental indicators for monitoring and evaluating the beneficiary and the enterprise, if defined in the contract;  the presentation of the Operating License (or Operating License) of the supported enterprise, when applicable."
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          Yes
          Ethical product in portfolio
          Yes
          0/0
          "The purpose of the Amazon Fund is to raise donations for non-reimbursable investments in actions to prevent, monitor and combat deforestation, and to promote the conservation and sustainable use of the Legal Amazon. It also supports the development of deforestation monitoring and control systems in the rest of Brazil and other tropical countries."
    • Palm oil
      11/90
      • Commitment Strength
        3/31
        • Commodity-specific deforestation financing policy
          0/9.6
          • Commitment details
            No commitment
            0/8
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must be legally operated
          3.1/4.6
          • Commitment details
            Companies own operations - Required
            1.5/3
            Commitment details
            Companies own operations - Required
            1.5/3
            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 financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            BNDES states that (Translation) "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. [...] 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 deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            BNDES states that (Translation) "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. [...] 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 companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            BNDES states that (Translation) "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. [...] 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 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
            BNDES states that (Translation) "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. [...] In complying with its Socio-Environmental Policy BNDES understands that its financial support must reconcile its Operational Policy with compliance with applicable legislation". 
        • Companies must monitor operations
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        2/28
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must address gender equality issues
          2.1/5.6
          • Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            "Since February 2008, BNDES financing contracts have included the so-called Social Clause, which explains the fight against discrimination based on race or gender, child labor and slave labor in Brazil. [...] Respect for social clauses was already a precondition for contracting financing from the Bank. But, from then on, the ban on discriminatory practices became an explicit part of the BNDES contracts. [...] With this instrument, BNDES can act with greater speed and rigor to curb possible criminal practices in financed projects. That is, by noting disrespect for the legislation that deals with combating racial or gender discrimination, child labor, slave labor and moral or sexual harassment." ; "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 financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Since February 2008, BNDES financing contracts have included the so-called Social Clause, which explains the fight against discrimination based on race or gender, child labor and slave labor in Brazil. [...] Respect for social clauses was already a precondition for contracting financing from the Bank. But, from then on, the ban on discriminatory practices became an explicit part of the BNDES contracts. [...] With this instrument, BNDES can act with greater speed and rigor to curb possible criminal practices in financed projects. That is, by noting disrespect for the legislation that deals with combating racial or gender discrimination, child labor, slave labor and moral or sexual harassment." ; "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 financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Since February 2008, BNDES financing contracts have included the so-called Social Clause, which explains the fight against discrimination based on race or gender, child labor and slave labor in Brazil. [...] Respect for social clauses was already a precondition for contracting financing from the Bank. But, from then on, the ban on discriminatory practices became an explicit part of the BNDES contracts. [...] With this instrument, BNDES can act with greater speed and rigor to curb possible criminal practices in financed projects. That is, by noting disrespect for the legislation that deals with combating racial or gender discrimination, child labor, slave labor and moral or sexual harassment." ; "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 financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Since February 2008, BNDES financing contracts have included the so-called Social Clause, which explains the fight against discrimination based on race or gender, child labor and slave labor in Brazil. [...] Respect for social clauses was already a precondition for contracting financing from the Bank. But, from then on, the ban on discriminatory practices became an explicit part of the BNDES contracts. [...] With this instrument, BNDES can act with greater speed and rigor to curb possible criminal practices in financed projects. That is, by noting disrespect for the legislation that deals with combating racial or gender discrimination, child labor, slave labor and moral or sexual harassment." ; "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
            "Since February 2008, BNDES financing contracts have included the so-called Social Clause, which explains the fight against discrimination based on race or gender, child labor and slave labor in Brazil. [...] Respect for social clauses was already a precondition for contracting financing from the Bank. But, from then on, the ban on discriminatory practices became an explicit part of the BNDES contracts. [...] With this instrument, BNDES can act with greater speed and rigor to curb possible criminal practices in financed projects. That is, by noting disrespect for the legislation that deals with combating racial or gender discrimination, child labor, slave labor and moral or sexual harassment." ; "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
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        6/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          "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."
        • Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          Monitoring and non-compliance process
          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."; "All obligations, any indicators, social and environmental obligations and conditions defined by the BNDES in the contract are monitored throughout the project's implementation and the total term of the financing. [...] Checked are: [...] the fiscal, social security and environmental regularities of the beneficiary and the enterprise; compliance with any mitigating measures, obligations in terms of adjustment of conduct and conditions present in the contract and in the environmental licenses;  the monitoring of social and environmental indicators for monitoring and evaluating the beneficiary and the enterprise, if defined in the contract;  the presentation of the Operating License (or Operating License) of the supported enterprise, when applicable."
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          Yes
          Ethical product in portfolio
          Yes
          0/0
          "The purpose of the Amazon Fund is to raise donations for non-reimbursable investments in actions to prevent, monitor and combat deforestation, and to promote the conservation and sustainable use of the Legal Amazon. It also supports the development of deforestation monitoring and control systems in the rest of Brazil and other tropical countries."
    • Soy
      22/90
      • Commitment Strength
        14/31
        • Commodity-specific deforestation financing policy
          5.4/9.6
          • Commitment details
            Protects priority forests
            4/8
            Commitment details
            Protects priority forests
            4/8
            "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"; "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 financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            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"; "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 financing
            0.4/0.4
            Policy applies to all deals
            All financing
            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"; "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 financing
            0.4/0.4
            Policy applies to all companies
            All financing
            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"; "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
            "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"; "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"
        • Companies must be legally operated
          3.1/4.6
          • Commitment details
            Companies own operations - Required
            1.5/3
            Commitment details
            Companies own operations - Required
            1.5/3
            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 financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            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 deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            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 companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            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 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
            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". 
        • Companies must monitor operations
          5.4/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            Type of policy: Assurance mechanism
            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 financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            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 financing
            0.4/0.4
            Policy applies to all deals
            All financing
            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 financing
            0.4/0.4
            Policy applies to all companies
            All financing
            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 conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        2/28
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must address gender equality issues
          2.1/5.6
          • Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            "Since February 2008, BNDES financing contracts have included the so-called Social Clause, which explains the fight against discrimination based on race or gender, child labor and slave labor in Brazil. [...] Respect for social clauses was already a precondition for contracting financing from the Bank. But, from then on, the ban on discriminatory practices became an explicit part of the BNDES contracts. [...] With this instrument, BNDES can act with greater speed and rigor to curb possible criminal practices in financed projects. That is, by noting disrespect for the legislation that deals with combating racial or gender discrimination, child labor, slave labor and moral or sexual harassment." ; "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 financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Since February 2008, BNDES financing contracts have included the so-called Social Clause, which explains the fight against discrimination based on race or gender, child labor and slave labor in Brazil. [...] Respect for social clauses was already a precondition for contracting financing from the Bank. But, from then on, the ban on discriminatory practices became an explicit part of the BNDES contracts. [...] With this instrument, BNDES can act with greater speed and rigor to curb possible criminal practices in financed projects. That is, by noting disrespect for the legislation that deals with combating racial or gender discrimination, child labor, slave labor and moral or sexual harassment." ; "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 financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Since February 2008, BNDES financing contracts have included the so-called Social Clause, which explains the fight against discrimination based on race or gender, child labor and slave labor in Brazil. [...] Respect for social clauses was already a precondition for contracting financing from the Bank. But, from then on, the ban on discriminatory practices became an explicit part of the BNDES contracts. [...] With this instrument, BNDES can act with greater speed and rigor to curb possible criminal practices in financed projects. That is, by noting disrespect for the legislation that deals with combating racial or gender discrimination, child labor, slave labor and moral or sexual harassment." ; "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 financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Since February 2008, BNDES financing contracts have included the so-called Social Clause, which explains the fight against discrimination based on race or gender, child labor and slave labor in Brazil. [...] Respect for social clauses was already a precondition for contracting financing from the Bank. But, from then on, the ban on discriminatory practices became an explicit part of the BNDES contracts. [...] With this instrument, BNDES can act with greater speed and rigor to curb possible criminal practices in financed projects. That is, by noting disrespect for the legislation that deals with combating racial or gender discrimination, child labor, slave labor and moral or sexual harassment." ; "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
            "Since February 2008, BNDES financing contracts have included the so-called Social Clause, which explains the fight against discrimination based on race or gender, child labor and slave labor in Brazil. [...] Respect for social clauses was already a precondition for contracting financing from the Bank. But, from then on, the ban on discriminatory practices became an explicit part of the BNDES contracts. [...] With this instrument, BNDES can act with greater speed and rigor to curb possible criminal practices in financed projects. That is, by noting disrespect for the legislation that deals with combating racial or gender discrimination, child labor, slave labor and moral or sexual harassment." ; "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
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        6/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          "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."
        • Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          Monitoring and non-compliance process
          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."; "All obligations, any indicators, social and environmental obligations and conditions defined by the BNDES in the contract are monitored throughout the project's implementation and the total term of the financing. [...] Checked are: [...] the fiscal, social security and environmental regularities of the beneficiary and the enterprise; compliance with any mitigating measures, obligations in terms of adjustment of conduct and conditions present in the contract and in the environmental licenses;  the monitoring of social and environmental indicators for monitoring and evaluating the beneficiary and the enterprise, if defined in the contract;  the presentation of the Operating License (or Operating License) of the supported enterprise, when applicable."
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          Yes
          Ethical product in portfolio
          Yes
          0/0
          "The purpose of the Amazon Fund is to raise donations for non-reimbursable investments in actions to prevent, monitor and combat deforestation, and to promote the conservation and sustainable use of the Legal Amazon. It also supports the development of deforestation monitoring and control systems in the rest of Brazil and other tropical countries."
    • Timber, Pulp & Paper
      22/90
      • Commitment Strength
        14/31
        • Commodity-specific deforestation financing policy
          5.4/9.6
          • Commitment details
            Protects priority forests
            4/8
            Commitment details
            Protects priority forests
            4/8
            "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." This includes the forestry sector, as well as cellulose and paper. [...] "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 financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            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." This includes the forestry sector, as well as cellulose and paper.; "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 financing
            0.4/0.4
            Policy applies to all deals
            All financing
            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." This includes the forestry sector, as well as cellulose and paper.; "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 financing
            0.4/0.4
            Policy applies to all companies
            All financing
            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." This includes the forestry sector, as well as cellulose and paper.; "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
            "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.; "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"
        • Companies must be legally operated
          3.1/4.6
          • Commitment details
            Companies own operations - Required
            1.5/3
            Commitment details
            Companies own operations - Required
            1.5/3
            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 financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            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 deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            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 companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            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 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
            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".
        • Companies must monitor operations
          5.4/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            Type of policy: Assurance mechanism
            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 financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            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 financing
            0.4/0.4
            Policy applies to all deals
            All financing
            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 financing
            0.4/0.4
            Policy applies to all companies
            All financing
            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 conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        2/28
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must address gender equality issues
          2.1/5.6
          • Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            "Since February 2008, BNDES financing contracts have included the so-called Social Clause, which explains the fight against discrimination based on race or gender, child labor and slave labor in Brazil. [...] Respect for social clauses was already a precondition for contracting financing from the Bank. But, from then on, the ban on discriminatory practices became an explicit part of the BNDES contracts. [...] With this instrument, BNDES can act with greater speed and rigor to curb possible criminal practices in financed projects. That is, by noting disrespect for the legislation that deals with combating racial or gender discrimination, child labor, slave labor and moral or sexual harassment." ; "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 financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Since February 2008, BNDES financing contracts have included the so-called Social Clause, which explains the fight against discrimination based on race or gender, child labor and slave labor in Brazil. [...] Respect for social clauses was already a precondition for contracting financing from the Bank. But, from then on, the ban on discriminatory practices became an explicit part of the BNDES contracts. [...] With this instrument, BNDES can act with greater speed and rigor to curb possible criminal practices in financed projects. That is, by noting disrespect for the legislation that deals with combating racial or gender discrimination, child labor, slave labor and moral or sexual harassment." ; "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 financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Since February 2008, BNDES financing contracts have included the so-called Social Clause, which explains the fight against discrimination based on race or gender, child labor and slave labor in Brazil. [...] Respect for social clauses was already a precondition for contracting financing from the Bank. But, from then on, the ban on discriminatory practices became an explicit part of the BNDES contracts. [...] With this instrument, BNDES can act with greater speed and rigor to curb possible criminal practices in financed projects. That is, by noting disrespect for the legislation that deals with combating racial or gender discrimination, child labor, slave labor and moral or sexual harassment." ; "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 financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Since February 2008, BNDES financing contracts have included the so-called Social Clause, which explains the fight against discrimination based on race or gender, child labor and slave labor in Brazil. [...] Respect for social clauses was already a precondition for contracting financing from the Bank. But, from then on, the ban on discriminatory practices became an explicit part of the BNDES contracts. [...] With this instrument, BNDES can act with greater speed and rigor to curb possible criminal practices in financed projects. That is, by noting disrespect for the legislation that deals with combating racial or gender discrimination, child labor, slave labor and moral or sexual harassment." ; "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
            "Since February 2008, BNDES financing contracts have included the so-called Social Clause, which explains the fight against discrimination based on race or gender, child labor and slave labor in Brazil. [...] Respect for social clauses was already a precondition for contracting financing from the Bank. But, from then on, the ban on discriminatory practices became an explicit part of the BNDES contracts. [...] With this instrument, BNDES can act with greater speed and rigor to curb possible criminal practices in financed projects. That is, by noting disrespect for the legislation that deals with combating racial or gender discrimination, child labor, slave labor and moral or sexual harassment." ; "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
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        6/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          "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."
        • Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          Monitoring and non-compliance process
          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."; "All obligations, any indicators, social and environmental obligations and conditions defined by the BNDES in the contract are monitored throughout the project's implementation and the total term of the financing. [...] Checked are: [...] the fiscal, social security and environmental regularities of the beneficiary and the enterprise; compliance with any mitigating measures, obligations in terms of adjustment of conduct and conditions present in the contract and in the environmental licenses;  the monitoring of social and environmental indicators for monitoring and evaluating the beneficiary and the enterprise, if defined in the contract;  the presentation of the Operating License (or Operating License) of the supported enterprise, when applicable."
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          Yes
          Ethical product in portfolio
          Yes
          0/0
          "The purpose of the Amazon Fund is to raise donations for non-reimbursable investments in actions to prevent, monitor and combat deforestation, and to promote the conservation and sustainable use of the Legal Amazon. It also supports the development of deforestation monitoring and control systems in the rest of Brazil and other tropical countries."
  • Commitment strength
    11/31
    Avg. score
  • Reporting and Implementation
    6/31
    Avg. score
  • Social considerations
    2/28
    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.