China Construction Bank

Overall approach

5/10
- Overarching commitment on deforestation
  
  4/6
  
  Deforestation-free commitment
  
  4/6
  
  "All companies opening accounts or updating their registry data are subject to a reputational evaluation based on press news. The topics selected for indirect inquiries that may be unfavorable reflect the social and environmental risk usually found in the scope of the national reality, such as deforestation, embargoes, environmental processes, labor practices etc."
  
  Open source document
- 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
  
  "China Construction Bank (Malaysia) Berhad (“CCBM”) is committed to conducting its business activities in accordance with all applicable laws and regulations that prohibit bribery and corruption. This prohibition against bribery and corruption is a cornerstone of CCBM’s commitment to conducting business in an ethical manner, which is one of CCBM’s core values. In support of its commitment to conducting business with integrity, CCBM expects all its employees and business partners to abide by the anti-bribery and anti-corruption practices and standards that CCBM has put in place."
Commodity score

6/90
- Beef & Leather
  
  5/90
  - Commitment Strength
    
    0/31
    - Commodity-specific deforestation financing policy
      
      0/9.6
      - Commitment details
        No commitment
        
        0/8
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
    - Companies must be legally operated
      
      0/4.6
      - Commitment details
        No commitment
        
        0/3
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
    - Companies must monitor operations
      
      0/5.6
      - Commitment details
        No
        
        0/4
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
    - Companies must conduct risk assessments
      
      0/5.6
      - Commitment details
        No
        
        0/4
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
    - Companies must specify a cut-off date
      
      0/5.6
      - Commitment details
        No
        
        0/4
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
  - Social Considerations
    
    0/27
    - Company must ensure Free, Prior and Informed Consent
      
      0/5.6
      - Commitment details
        No
        
        0/4
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
    - Companies must have a grievance mechanism
      
      0/5.6
      - Commitment details
        No
        
        0/4
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
    - Company must respect labour rights
      
      0/5.6
      - Commitment details
        No
        
        0/4
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
    - Company must address gender equality issues
      
      0/5.6
      - Commitment details
        No
        
        0/4
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
    - Companies must encourage the inclusion of small-scale farmers
      
      0/5.6
      - Commitment details
        No
        
        0/4
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
    - Companies must resolve land conflicts
      
      0/1.6
      - Commitment details
        No
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
  - Reporting and Implementation
    
    5/31
    - Commitments must be timebound
      No
      
      0/5
    - Companies must disclose subsidiaries in commodity supply chains
      No
      
      0/4
    - Companies must disclose locations
      No
      
      0/4
    - Policy is reviewed and updated
      No
      
      0/2
    - Monitoring and non-compliance process
      Screening and monitoring process
      
      5/5
      
      Monitoring and non-compliance process
      
      Screening and monitoring process
      
      5/5
      
      "Every two years, customers are reassessed into three levels – high, medium or low risk –, according to the Bank’s social and environmental rating. The result is obtained from a cross-reference analysis of social and environmental risks inherent to the company’s activity and legal compliance through inquiries on the information available from federal and state environmental bodies"
      
      Open source document
    - Engagement with non-compliant companies
      No
      
      0/5
    - Reporting on implementation of the policy
      No
      
      0/6
    - Ethical product in portfolio
      No
- Palm oil
  
  5/90
  - Commitment Strength
    
    0/31
    - Commodity-specific deforestation financing policy
      
      0/9.6
      - Commitment details
        No commitment
        
        0/8
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
    - Companies must be legally operated
      
      0/4.6
      - Commitment details
        No commitment
        
        0/3
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
    - Companies must monitor operations
      
      0/5.6
      - Commitment details
        No
        
        0/4
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
    - Companies must conduct risk assessments
      
      0/5.6
      - Commitment details
        No
        
        0/4
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
    - Companies must specify a cut-off date
      
      0/5.6
      - Commitment details
        No
        
        0/4
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
  - Social Considerations
    
    0/27
    - Company must ensure Free, Prior and Informed Consent
      
      0/5.6
      - Commitment details
        No
        
        0/4
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
    - Companies must have a grievance mechanism
      
      0/5.6
      - Commitment details
        No
        
        0/4
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
    - Company must respect labour rights
      
      0/5.6
      - Commitment details
        No
        
        0/4
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
    - Company must address gender equality issues
      
      0/5.6
      - Commitment details
        No
        
        0/4
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
    - Companies must encourage the inclusion of small-scale farmers
      
      0/5.6
      - Commitment details
        No
        
        0/4
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
    - Companies must resolve land conflicts
      
      0/1.6
      - Commitment details
        No
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
  - Reporting and Implementation
    
    5/31
    - Commitments must be timebound
      No
      
      0/5
    - Companies must disclose subsidiaries in commodity supply chains
      No
      
      0/4
    - Companies must disclose locations
      No
      
      0/4
    - Policy is reviewed and updated
      No
      
      0/2
    - Monitoring and non-compliance process
      Screening and monitoring process
      
      5/5
      
      Monitoring and non-compliance process
      
      Screening and monitoring process
      
      5/5
      
      "Every two years, customers are reassessed into three levels – high, medium or low risk –, according to the Bank’s social and environmental rating. The result is obtained from a cross-reference analysis of social and environmental risks inherent to the company’s activity and legal compliance through inquiries on the information available from federal and state environmental bodies"
      
      Open source document
    - Engagement with non-compliant companies
      No
      
      0/5
    - Reporting on implementation of the policy
      No
      
      0/6
    - Ethical product in portfolio
      No
- Soy
  
  5/90
  - Commitment Strength
    
    0/31
    - Commodity-specific deforestation financing policy
      
      0/9.6
      - Commitment details
        No commitment
        
        0/8
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
    - Companies must be legally operated
      
      0/4.6
      - Commitment details
        No commitment
        
        0/3
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
    - Companies must monitor operations
      
      0/5.6
      - Commitment details
        No
        
        0/4
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
    - Companies must conduct risk assessments
      
      0/5.6
      - Commitment details
        No
        
        0/4
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
    - Companies must specify a cut-off date
      
      0/5.6
      - Commitment details
        No
        
        0/4
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
  - Social Considerations
    
    0/27
    - Company must ensure Free, Prior and Informed Consent
      
      0/5.6
      - Commitment details
        No
        
        0/4
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
    - Companies must have a grievance mechanism
      
      0/5.6
      - Commitment details
        No
        
        0/4
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
    - Company must respect labour rights
      
      0/5.6
      - Commitment details
        No
        
        0/4
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
    - Company must address gender equality issues
      
      0/5.6
      - Commitment details
        No
        
        0/4
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
    - Companies must encourage the inclusion of small-scale farmers
      
      0/5.6
      - Commitment details
        No
        
        0/4
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
    - Companies must resolve land conflicts
      
      0/1.6
      - Commitment details
        No
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
  - Reporting and Implementation
    
    5/31
    - Commitments must be timebound
      No
      
      0/5
    - Companies must disclose subsidiaries in commodity supply chains
      No
      
      0/4
    - Companies must disclose locations
      No
      
      0/4
    - Policy is reviewed and updated
      No
      
      0/2
    - Monitoring and non-compliance process
      Screening and monitoring process
      
      5/5
      
      Monitoring and non-compliance process
      
      Screening and monitoring process
      
      5/5
      
      "Every two years, customers are reassessed into three levels – high, medium or low risk –, according to the Bank’s social and environmental rating. The result is obtained from a cross-reference analysis of social and environmental risks inherent to the company’s activity and legal compliance through inquiries on the information available from federal and state environmental bodies"
      
      Open source document
    - Engagement with non-compliant companies
      No
      
      0/5
    - Reporting on implementation of the policy
      No
      
      0/6
    - Ethical product in portfolio
      No
- Timber, Pulp & Paper
  
  7/90
  - Commitment Strength
    
    2/31
    - Commodity-specific deforestation financing policy
      
      2/9.6
      - Commitment details
        Sustainability commitment
        
        2/8
        
        Commitment details
        
        Sustainability commitment
        
        2/8
        
        "Adoption of restrictions in the approval of volumes and more rigorous inspections for transactions with clients involved in the manufacturing, trading or use of certain products, substances or activities mentioned in the list of social and environmental restrictions. Examples include sectors such as arms and ammunition, tobacco, radioactive materials, asbestos, alcoholic beverages (except wine and beer) and wood."
        
        Open source document
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
    - Companies must be legally operated
      
      0/4.6
      - Commitment details
        No commitment
        
        0/3
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
    - Companies must monitor operations
      
      0/5.6
      - Commitment details
        No
        
        0/4
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
    - Companies must conduct risk assessments
      
      0/5.6
      - Commitment details
        No
        
        0/4
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
    - Companies must specify a cut-off date
      
      0/5.6
      - Commitment details
        No
        
        0/4
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
  - Social Considerations
    
    0/27
    - Company must ensure Free, Prior and Informed Consent
      
      0/5.6
      - Commitment details
        No
        
        0/4
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
    - Companies must have a grievance mechanism
      
      0/5.6
      - Commitment details
        No
        
        0/4
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
    - Company must respect labour rights
      
      0/5.6
      - Commitment details
        No
        
        0/4
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
    - Company must address gender equality issues
      
      0/5.6
      - Commitment details
        No
        
        0/4
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
    - Companies must encourage the inclusion of small-scale farmers
      
      0/5.6
      - Commitment details
        No
        
        0/4
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
    - Companies must resolve land conflicts
      
      0/1.6
      - Commitment details
        No
      - Policy applies to all operations and financing
        No
        
        0/0.4
      - Policy applies to all deals
        No
        
        0/0.4
      - Policy applies to all companies
        No
        
        0/0.4
      - Policy applies to all stages of the supply chain
        None
        
        0/0.4
  - Reporting and Implementation
    
    5/31
    - Commitments must be timebound
      No
      
      0/5
    - Companies must disclose subsidiaries in commodity supply chains
      No
      
      0/4
    - Companies must disclose locations
      No
      
      0/4
    - Policy is reviewed and updated
      No
      
      0/2
    - Monitoring and non-compliance process
      Screening and monitoring process
      
      5/5
      
      Monitoring and non-compliance process
      
      Screening and monitoring process
      
      5/5
      
      "Every two years, customers are reassessed into three levels – high, medium or low risk –, according to the Bank’s social and environmental rating. The result is obtained from a cross-reference analysis of social and environmental risks inherent to the company’s activity and legal compliance through inquiries on the information available from federal and state environmental bodies"
      
      Open source document
    - Engagement with non-compliant companies
      No
      
      0/5
    - Reporting on implementation of the policy
      No
      
      0/6
    - Ethical product in portfolio
      No
Commitment strength

1/31

Avg. score
Reporting and Implementation

5/31

Avg. score
Social considerations

0/28

Avg. score

Profile

China Construction Bank Corp. are a financial services provider headquartered in China, which serves private and corporate clients. Their services include personal wealth management, corporate treasury management, asset management, financial leasing, trust, insurance, investment banking, futures and pensions, mortgages, and wholesale, personal and retail banking. As of 2017, their total assets amount to over 22 trillion RMB, including over 12 trillion RMB in loans. China Construction Bank Corp. are among the top lenders to Forest 500 companies, across a broad range of forest risk sectors.

China

Financial institution type

Bank

How we assess the Forest 500

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

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

Full finance sector performance data Forest 500 assessment methodology

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Lincoln National Corp.

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.

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