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  • Overall approach
    6/10
    • Overarching commitment on deforestation
      4/6
      Overarching commitment
      Deforestation-free commitment
      4/6
      "In addition to the sustainable finance commitment, the Group also announced its commitments towards mitigating climate change, including net zero operational greenhouse gas (“GHG”) scope 1 and 2 emissions by 2030 and net zero overall GHG emissions by 2050, together with a No Deforestation, No Peat, No Exploitation (“NDPE”) commitment."
      Open source document
    • Deforestation as a business risk
      1/1
      Business risk
      Yes
      1/1
      Type of financial risk recognised by the financial institution: Material
      Deforestation risk defined in their 2021 Sustainability Report as "Deforestation risk is defined in the sustainability report as "The risk arising from developments and other industrial activities on forested areas, including those designated as national or state reserves and High Conservation Value/High Carbon Stock areas as assessed by a credible technical assessor"
      Open source document
    • Target to reduce emissions in scope 1/2
      Reduce emissions
      Yes
      0/0
      Type of climate target: Net-zero emissions

      Is the financial institution's climate target aligned with SBTi?: Yes

      What is the target date for the financial institution to achieve their climate target?: 2030
      "Align financed emissions arising from our clients to achieve Net Zero by 2050 [...] Support clients in “brown” or high greenhouse gas (GHG) emission sectors to implement specific transition projects required to transition towards cleaner options [...] Achieve net zero operational GHG emissions (Scope 1 & 2) by 2030 "
      Open source document
    • Clients/holdings must have anti-corruption policy
      0.5/1
      Anti-corruption
      Yes, an anti-corruption policy
      0.5/1
      "As explicitly stated in our Group Sustainability Policy, CIMB does not conduct business with entities that are directly linked (with evidence) to one or more of the following: • illegal activities • bribery and corruption [...] We adopt a zero-tolerance approach to any acts of bribery or corruption perpetrated by employees, suppliers and others with whom we do business or who act on our behalf."
      Open source document
    • Collaborative finance sector initiatives
      0/2
    • Nature/people-positive investment
  • Commodity score
    28/90
    • Beef & Leather
      8/90
      • Policy Strength
        2/28
        • Commodity-specific deforestation financing policy
          0/8.8
          • Commitment details
            No commitment
            0/8
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must be legally operated
          1.8/2.8
          • Commitment details
            Clients/holdings own operations - Required
            1/2
            Commitment details
            Clients/holdings own operations - Required
            1/2
            "All suppliers go through an onboarding process that provides an orientation on environmental, social and data privacy guidelines in the Vendor Code of Conduct (VCOC). All new suppliers are required to disclose to CIMB their non-involvement in: [...] Environmental harm including illegal logging, uncontrolled use of fire for clearing forest lands, natural resource development within UNESCO World Heritage sites. [...] CIMB will not engage with clients proven to be involved in illegal activities, bribery, illegal logging, terrorism and operating in breach of national labour laws. "
            Open source document
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "All suppliers go through an onboarding process that provides an orientation on environmental, social and data privacy guidelines in the Vendor Code of Conduct (VCOC). All new suppliers are required to disclose to CIMB their non-involvement in: [...] Environmental harm including illegal logging, uncontrolled use of fire for clearing forest lands, natural resource development within UNESCO World Heritage sites. [...] CIMB will not engage with clients proven to be involved in illegal activities, bribery, illegal logging, terrorism and operating in breach of national labour laws. "
            Open source document
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "All suppliers go through an onboarding process that provides an orientation on environmental, social and data privacy guidelines in the Vendor Code of Conduct (VCOC). All new suppliers are required to disclose to CIMB their non-involvement in: [...] Environmental harm including illegal logging, uncontrolled use of fire for clearing forest lands, natural resource development within UNESCO World Heritage sites. [...] CIMB will not engage with clients proven to be involved in illegal activities, bribery, illegal logging, terrorism and operating in breach of national labour laws. "
            Open source document
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "All suppliers go through an onboarding process that provides an orientation on environmental, social and data privacy guidelines in the Vendor Code of Conduct (VCOC). All new suppliers are required to disclose to CIMB their non-involvement in: [...] Environmental harm including illegal logging, uncontrolled use of fire for clearing forest lands, natural resource development within UNESCO World Heritage sites. [...] CIMB will not engage with clients proven to be involved in illegal activities, bribery, illegal logging, terrorism and operating in breach of national labour laws. "
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "All suppliers go through an onboarding process that provides an orientation on environmental, social and data privacy guidelines in the Vendor Code of Conduct (VCOC). All new suppliers are required to disclose to CIMB their non-involvement in: [...] Environmental harm including illegal logging, uncontrolled use of fire for clearing forest lands, natural resource development within UNESCO World Heritage sites. [...] CIMB will not engage with clients proven to be involved in illegal activities, bribery, illegal logging, terrorism and operating in breach of national labour laws. "
            Open source document
        • Clients/holdings must monitor operations
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must conduct risk assessments
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must specify a cut-off date
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Target date for policy implementation
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
      • Associated Human Rights Abuses
        2/27
        • Clients/holdings must test Free, Prior and Informed Consent
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must have a grievance mechanism
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must respect labour rights
          2.3/3.8
          • Commitment details
            Clients/holdings own operations - Required
            1.5/3
            Commitment details
            Clients/holdings own operations - Required
            1.5/3
            Does the financial institution ask the client/holding to protect the health and safety of its own operations or its supply chain workers?: No
            "We seek to ensure that our clients are not involved in egregious exploitative practices related to labour and local communities. As such, we require compliance to all legal requirements on labour including child labour, minimum wage, anti-trafficking laws, and related requirements. [...] Prohibitions: CIMB prohibits the financing of clients with proof of involvement in the following activities: - Illegal land conversion/ land use - Use of fire for land clearing - Breaches of national labour laws and human trafficking laws, including companies directly involved in child labour, human trafficking, or breaches of labour laws and related regulations"
            Open source document
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "We seek to ensure that our clients are not involved in egregious exploitative practices related to labour and local communities. As such, we require compliance to all legal requirements on labour including child labour, minimum wage, anti-trafficking laws, and related requirements. [...] Prohibitions: CIMB prohibits the financing of clients with proof of involvement in the following activities: - Illegal land conversion/ land use - Use of fire for land clearing - Breaches of national labour laws and human trafficking laws, including companies directly involved in child labour, human trafficking, or breaches of labour laws and related regulations"
            Open source document
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "We seek to ensure that our clients are not involved in egregious exploitative practices related to labour and local communities. As such, we require compliance to all legal requirements on labour including child labour, minimum wage, anti-trafficking laws, and related requirements. [...] Prohibitions: CIMB prohibits the financing of clients with proof of involvement in the following activities: - Illegal land conversion/ land use - Use of fire for land clearing - Breaches of national labour laws and human trafficking laws, including companies directly involved in child labour, human trafficking, or breaches of labour laws and related regulations"
            Open source document
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "We seek to ensure that our clients are not involved in egregious exploitative practices related to labour and local communities. As such, we require compliance to all legal requirements on labour including child labour, minimum wage, anti-trafficking laws, and related requirements. [...] Prohibitions: CIMB prohibits the financing of clients with proof of involvement in the following activities: - Illegal land conversion/ land use - Use of fire for land clearing - Breaches of national labour laws and human trafficking laws, including companies directly involved in child labour, human trafficking, or breaches of labour laws and related regulations"
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "We seek to ensure that our clients are not involved in egregious exploitative practices related to labour and local communities. As such, we require compliance to all legal requirements on labour including child labour, minimum wage, anti-trafficking laws, and related requirements. [...] Prohibitions: CIMB prohibits the financing of clients with proof of involvement in the following activities: - Illegal land conversion/ land use - Use of fire for land clearing - Breaches of national labour laws and human trafficking laws, including companies directly involved in child labour, human trafficking, or breaches of labour laws and related regulations"
            Open source document
        • Clients/holdings must address gender equality issues
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must encourage the inclusion of small-scale farmers
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must respect customary rights to land, resources, and territory
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Zero tolerance approach to violence and threats
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
      • Implementation and Reporting
        4/35
        • Assess client/holding exposure prior to onboarding
          No
          0/5
        • Require disclosure of projects/locations
          No reporting
          0/4
        • Policy is reviewed and updated
          No
          0/2
        • Monitoring and non-compliance process
          No
          0/5
        • Engagement with non-compliant clients/holdings
          No
          0/5
        • Engagement with non-compliant companies
          0/0
        • Reporting on implementation of the policy
          No
          0/6
        • Green financing product with deforestation/conversion requirements
          Yes
          2/2
          Green financing product with deforestation/conversion requirements
          Yes
          2/2
          What does green finance product cover, e.g. financially, size: Sustainable forest management

          Is this a clear part of the transition to fully DCAF financing?: No
          The SDG bond framework states that its eligible assets include "Financing for : Sustainable forest management and avoided deforestation (i.e. with certification from the FSC, PEFC, MTCC)"
          Open source document
        • Publicly accessible grievance mechanism
          Yes
          2/2
          Publicly accessible grievance mechanism
          Yes
          2/2
          Does the financial institution report/publish any of the grievances made against it and/or its clients/holdings in the past 12 months?: No

          What does the grievance mechanism cover?: Associated human rights
          "GRIEVANCE MECHANISMS We have in place effective and transparent supplier grievance mechanisms. The CIMB Group Whistleblowing Policy provides a confidential avenue for suppliers to report suspected unethical, illegal or improper behaviour in a confidential manner. We increased awareness of the Group Whistleblowing channel and encourage reporting of any suspicious activities. We have made the Whistleblowing Policy visible and easily accessible to all stakeholders via various channels, including the recently refreshed CIMB Group website, the GEPS homepage, and in the VCOC. We continuously seek opportunities to communicate and reinforce our sustainability vision and aspirations with our suppliers. OUR WHISTLEBLOWING PLATFORMS: Email: whistleblowing@cimb.com Website: https://www.cimb.com/en/ who-we-are/corporategovernance/ code-of-conduct/ whistle-blowing.html "
          Open source document
        • Remediation of environmental or social harms
          No
          0/4
    • Palm oil
      50/90
      • Policy Strength
        19/28
        • Commodity-specific deforestation financing policy
          6.8/8.8
          • Commitment details
            Zero-gross deforestation
            6/8
            Commitment details
            Zero-gross deforestation
            6/8
            Does the policy have specific requirements/expectations of clients/holdings in line with the policy?: Yes
            "Key to ensuring sustainability in the palm oil sector is the adoption of No Deforestation, No Peat and No Exploitation (NDPE) commitments across the palm oil supply chain [...] Requirements: CIMB requires clients to have in place the following: - A No Deforestation, No Peat, and No Exploitation (NDPE) policy - Planted areas certified under the MSPO, ISPO, RSPO or ISCC certification schemes"
            Open source document
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "Key to ensuring sustainability in the palm oil sector is the adoption of No Deforestation, No Peat and No Exploitation (NDPE) commitments across the palm oil supply chain [...] CIMB’s Palm Oil Sector Guide applies to clients involved in palm plantations, as well as the manufacture of palm oil and its product [...] Requirements: CIMB requires clients to have in place the following: - A No Deforestation, No Peat, and No Exploitation (NDPE) policy - Planted areas certified under the MSPO, ISPO, RSPO or ISCC certification schemes"
            Open source document
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "Key to ensuring sustainability in the palm oil sector is the adoption of No Deforestation, No Peat and No Exploitation (NDPE) commitments across the palm oil supply chain [...] CIMB’s Palm Oil Sector Guide applies to clients involved in palm plantations, as well as the manufacture of palm oil and its product[...] Requirements: CIMB requires clients to have in place the following: - A No Deforestation, No Peat, and No Exploitation (NDPE) policy - Planted areas certified under the MSPO, ISPO, RSPO or ISCC certification schemes"
            Open source document
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "Key to ensuring sustainability in the palm oil sector is the adoption of No Deforestation, No Peat and No Exploitation (NDPE) commitments across the palm oil supply chain [...] CIMB’s Palm Oil Sector Guide applies to clients involved in palm plantations, as well as the manufacture of palm oil and its product[...] Requirements: CIMB requires clients to have in place the following: - A No Deforestation, No Peat, and No Exploitation (NDPE) policy - Planted areas certified under the MSPO, ISPO, RSPO or ISCC certification schemes"
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers; Financiers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers; Financiers
            0.2/0.2
            "Key to ensuring sustainability in the palm oil sector is the adoption of No Deforestation, No Peat and No Exploitation (NDPE) commitments across the palm oil supply chain [...] CIMB’s Palm Oil Sector Guide applies to clients involved in palm plantations, as well as the manufacture of palm oil and its product [...]Requirements: CIMB requires clients to have in place the following: - A No Deforestation, No Peat, and No Exploitation (NDPE) policy - Planted areas certified under the MSPO, ISPO, RSPO or ISCC certification schemes"
            Open source document
        • Clients/holdings must be legally operated
          1.8/2.8
          • Commitment details
            Clients/holdings own operations - Required
            1/2
            Commitment details
            Clients/holdings own operations - Required
            1/2
            "Prohibitions: CIMB prohibits the financing of clients with proof of involvement in the following activities: - Illegal land conversion/ land use - Use of fire for land clearing - Breaches of national labour laws and human trafficking laws, including companies directly involved in child labour, human trafficking, or breaches of labour laws and related regulations - Any activities as described in the CIMB Exclusion List"
            Open source document
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "Prohibitions: CIMB prohibits the financing of clients with proof of involvement in the following activities: - Illegal land conversion/ land use - Use of fire for land clearing - Breaches of national labour laws and human trafficking laws, including companies directly involved in child labour, human trafficking, or breaches of labour laws and related regulations - Any activities as described in the CIMB Exclusion List"
            Open source document
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "Prohibitions: CIMB prohibits the financing of clients with proof of involvement in the following activities: - Illegal land conversion/ land use - Use of fire for land clearing - Breaches of national labour laws and human trafficking laws, including companies directly involved in child labour, human trafficking, or breaches of labour laws and related regulations - Any activities as described in the CIMB Exclusion List"
            Open source document
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "Prohibitions: CIMB prohibits the financing of clients with proof of involvement in the following activities: - Illegal land conversion/ land use - Use of fire for land clearing - Breaches of national labour laws and human trafficking laws, including companies directly involved in child labour, human trafficking, or breaches of labour laws and related regulations - Any activities as described in the CIMB Exclusion List"
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "Prohibitions: CIMB prohibits the financing of clients with proof of involvement in the following activities: - Illegal land conversion/ land use - Use of fire for land clearing - Breaches of national labour laws and human trafficking laws, including companies directly involved in child labour, human trafficking, or breaches of labour laws and related regulations - Any activities as described in the CIMB Exclusion List"
            Open source document
        • Clients/holdings must monitor operations
          2.3/3.8
          • Commitment details
            Yes, a mechanism to monitor compliance - Require; Yes, a traceability system - Encourage
            2.3/3
            Commitment details
            Yes, a mechanism to monitor compliance - Require; Yes, a traceability system - Encourage
            2.3/3
            What type of assurance mechanism is used?: Assurance mechanism; Traceability system
            "Key to ensuring sustainability in the palm oil sector is the adoption of No Deforestation, No Peat and NoExploitation (NDPE) commitments across the palm oil supply chain [...] Requirements:CIMB requires clients to have in place the following:- A No Deforestation, No Peat, and No Exploitation (NDPE) policy- Planted areas certified under the MSPO, ISPO, RSPO or ISCC certification schemes" [...] "Encouragement: CIMB seeks to encourage clients to adopt better sustainability practices. These are highlighted below: - On governance: • Establish traceability for external crop suppliers • Develop an assurance mechanisms to ensure that the crop is sourced legally" [...] "Processors, including palm oil mills, are strongly encouraged to establish traceability systems for external crop suppliers, develop an assurance mechanism to ensure crops are sourced legally, and engage with external suppliers on their own NDPE requirements."
            Open source document Open source document
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must conduct risk assessments
          3.8/3.8
          • Commitment details
            Required
            3/3
            Commitment details
            Required
            3/3
            "CIMB requires the following of clients in this sector: - For logging in natural forests • Forest Managers to have a Forest Management Plan (FMP) or equivalent (as required by national law) within the Forest Management Unit (FMU) where the logging takes place • Forestry companies to operate by the FMP or equivalent • Forestry companies to conduct High Conservation Value (HCV) assessment and ensure that HCV are maintained or enhanced"
            Open source document
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "CIMB requires the following of clients in this sector: - For logging in natural forests • Forest Managers to have a Forest Management Plan (FMP) or equivalent (as required by national law) within the Forest Management Unit (FMU) where the logging takes place • Forestry companies to operate by the FMP or equivalent • Forestry companies to conduct High Conservation Value (HCV) assessment and ensure that HCV are maintained or enhanced"
            Open source document
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "CIMB requires the following of clients in this sector: - For logging in natural forests • Forest Managers to have a Forest Management Plan (FMP) or equivalent (as required by national law) within the Forest Management Unit (FMU) where the logging takes place • Forestry companies to operate by the FMP or equivalent • Forestry companies to conduct High Conservation Value (HCV) assessment and ensure that HCV are maintained or enhanced"
            Open source document
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "CIMB requires the following of clients in this sector: - For logging in natural forests • Forest Managers to have a Forest Management Plan (FMP) or equivalent (as required by national law) within the Forest Management Unit (FMU) where the logging takes place • Forestry companies to operate by the FMP or equivalent • Forestry companies to conduct High Conservation Value (HCV) assessment and ensure that HCV are maintained or enhanced"
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "CIMB requires the following of clients in this sector: - For logging in natural forests • Forest Managers to have a Forest Management Plan (FMP) or equivalent (as required by national law) within the Forest Management Unit (FMU) where the logging takes place • Forestry companies to operate by the FMP or equivalent • Forestry companies to conduct High Conservation Value (HCV) assessment and ensure that HCV are maintained or enhanced"
            Open source document
        • Clients/holdings must specify a cut-off date
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Target date for policy implementation
          3.8/3.8
          • Commitment details
            Required
            3/3
            Commitment details
            Required
            3/3
            What is the length of time the portfolio companies are given to meet their time-bound plans?: NA

            What is the target date for the full implementation of the financial institution's policy?: NA

            What is the deadline for the portfolio companies to become compliant with the policy?: NA
            "CIMB has developed internal sector guides on E&S risks for the following industries: Palm Oil [...] In each sector guide, CIMB has specified industry specific minimum requirements for financing clients. In the event that clients are not meeting these requirements at the point of new financing approval or review, a time-bound action plan with reasonable targets for completion would be agreed with the client. The sector guides also specify certain prohibited activities that would cause CIMB to cease business with a client, in addition to those listed in the Exclusion List."
            Open source document
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "CIMB has developed internal sector guides on E&S risks for the following industries: Palm Oil [...] In each sector guide, CIMB has specified industry specific minimum requirements for financing clients. In the event that clients are not meeting these requirements at the point of new financing approval or review, a time-bound action plan with reasonable targetNotes/commentsIs this strong enough?Link to documents (separate multiple links with semi-colon and s for completion would be agreed with the client. The sector guides also specify certain prohibited activities that would cause CIMB to cease business with a client, in addition to those listed in the Exclusion List."
            Open source document
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "CIMB has developed internal sector guides on E&S risks for the following industries: Palm Oil [...] In each sector guide, CIMB has specified industry specific minimum requirements for financing clients. In the event that clients are not meeting these requirements at the point of new financing approval or review, a time-bound action plan with reasonable targetNotes/commentsIs this strong enough?Link to documents (separate multiple links with semi-colon and s for completion would be agreed with the client. The sector guides also specify certain prohibited activities that would cause CIMB to cease business with a client, in addition to those listed in the Exclusion List."
            Open source document
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "CIMB has developed internal sector guides on E&S risks for the following industries: Palm Oil [...] In each sector guide, CIMB has specified industry specific minimum requirements for financing clients. In the event that clients are not meeting these requirements at the point of new financing approval or review, a time-bound action plan with reasonable targetNotes/commentsIs this strong enough?Link to documents (separate multiple links with semi-colon and s for completion would be agreed with the client. The sector guides also specify certain prohibited activities that would cause CIMB to cease business with a client, in addition to those listed in the Exclusion List."
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "CIMB has developed internal sector guides on E&S risks for the following industries: Palm Oil [...] In each sector guide, CIMB has specified industry specific minimum requirements for financing clients. In the event that clients are not meeting these requirements at the point of new financing approval or review, a time-bound action plan with reasonable targetNotes/commentsIs this strong enough?Link to documents (separate multiple links with semi-colon and s for completion would be agreed with the client. The sector guides also specify certain prohibited activities that would cause CIMB to cease business with a client, in addition to those listed in the Exclusion List."
            Open source document
      • Associated Human Rights Abuses
        11/27
        • Clients/holdings must test Free, Prior and Informed Consent
          2/3.8
          • Commitment details
            Encouraged
            1.5/3
            Commitment details
            Encouraged
            1.5/3
            Does the financial institution require the client/holding to cease acquisition/expansion unless FPIC is given?: No
            "Through the implementation of our Forestry Sector Guide, we strive to ensure that clients in the sector are implementing the required steps towards achieving forest certification. Of particular interest is community engagement efforts with local and indigenous communities, who are reliant on forest resources, in line with Free, Prior and Informed Consent (FPIC) principles." ; "Highlights of Environmental and Social Risks Identified and Mitigated in the Palm Oil Sector based on the 37 ESDDs conducted in 2020 - Respect for indigenous and customary land use rights including ensuring FPIC: no violations detected"
            Open source document
          • Policy applies to all operations and financing
            No
            0/0.2
            Policy applies to all operations and financing
            No
            0/0.2
            "In general, forestry clients conduct operations in forested areas through concessions provided by state governments to conduct logging and tree planting activities. Through the implementation of our Forestry Sector Guide, we strive to ensure that clients in the sector are implementing the required steps towards achieving forest certification. Of particular interest is community engagement efforts with local and indigenous communities, who are reliant on forest resources, in line with Free, Prior and Informed Consent (FPIC) principles." [...] "Highlights of Environmental and Social Risks Identified and Mitigated in the Palm Oil Sector based on the 37 ESDDs conducted in 2020 - Respect for indigenous and customary land use rights including ensuring FPIC: no violations detected"
            Open source document
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "Through the implementation of our Forestry Sector Guide, we strive to ensure that clients in the sector are implementing the required steps towards achieving forest certification. Of particular interest is community engagement efforts with local and indigenous communities, who are reliant on forest resources, in line with Free, Prior and Informed Consent (FPIC) principles." [...] "Highlights of Environmental and Social Risks Identified and Mitigated in the Palm Oil Sector based on the 37 ESDDs conducted in 2020 - Respect for indigenous and customary land use rights including ensuring FPIC: no violations detected"
            Open source document
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "Through the implementation of our Forestry Sector Guide, we strive to ensure that clients in the sector are implementing the required steps towards achieving forest certification. Of particular interest is community engagement efforts with local and indigenous communities, who are reliant on forest resources, in line with Free, Prior and Informed Consent (FPIC) principles." [...] "Highlights of Environmental and Social Risks Identified and Mitigated in the Palm Oil Sector based on the 37 ESDDs conducted in 2020 - Respect for indigenous and customary land use rights including ensuring FPIC: no violations detected"
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.1/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.1/0.2
            "Through the implementation of our Forestry Sector Guide, we strive to ensure that clients in the sector are implementing the required steps towards achieving forest certification. Of particular interest is community engagement efforts with local and indigenous communities, who are reliant on forest resources, in line with Free, Prior and Informed Consent (FPIC) principles." [...] "Highlights of Environmental and Social Risks Identified and Mitigated in the Palm Oil Sector based on the 37 ESDDs conducted in 2020 - Respect for indigenous and customary land use rights including ensuring FPIC: no violations detected"
            Open source document
        • Clients/holdings must have a grievance mechanism
          3.8/3.8
          • Commitment details
            Required
            3/3
            Commitment details
            Required
            3/3
            "CIMB’s Palm Oil Sector Guide applies to clients involved in palm plantations, as well as the manufacture of palm oil and its products. CIMB requires clients to have in place the following:• Developing a grievance mechanism which respects anonymity and prohibits reprisals"
            Open source document
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "CIMB’s Palm Oil Sector Guide applies to clients involved in palm plantations, as well as the manufacture of palm oil and its products. CIMB requires clients to have in place the following:• Developing a grievance mechanism which respects anonymity and prohibits reprisals"
            Open source document
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "CIMB’s Palm Oil Sector Guide applies to clients involved in palm plantations, as well as the manufacture of palm oil and its products. CIMB requires clients to have in place the following:• Developing a grievance mechanism which respects anonymity and prohibits reprisals"
            Open source document
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "CIMB’s Palm Oil Sector Guide applies to clients involved in palm plantations, as well as the manufacture of palm oil and its products. CIMB requires clients to have in place the following:• Developing a grievance mechanism which respects anonymity and prohibits reprisals"
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers; Financiers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers; Financiers
            0.2/0.2
            "CIMB’s Palm Oil Sector Guide applies to clients involved in palm plantations, as well as the manufacture of palm oil and its products. CIMB requires clients to have in place the following:• Developing a grievance mechanism which respects anonymity and prohibits reprisals"
            Open source document
        • Clients/holdings must respect labour rights
          2.3/3.8
          • Commitment details
            Clients/holdings own operations - Required
            1.5/3
            Commitment details
            Clients/holdings own operations - Required
            1.5/3
            Does the financial institution ask the client/holding to protect the health and safety of its own operations or its supply chain workers?: No
            "We seek to ensure that our clients are not involved in egregious exploitative practices related to labour and local communities. As such, we require compliance to all legal requirements on labour including child labour, minimum wage, anti-trafficking laws, and related requirements. [...] Prohibitions: CIMB prohibits the financing of clients with proof of involvement in the following activities: - Illegal land conversion/ land use - Use of fire for land clearing - Breaches of national labour laws and human trafficking laws, including companies directly involved in child labour, human trafficking, or breaches of labour laws and related regulations"
            Open source document
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "We seek to ensure that our clients are not involved in egregious exploitative practices related to labour and local communities. As such, we require compliance to all legal requirements on labour including child labour, minimum wage, anti-trafficking laws, and related requirements. [...] Prohibitions: CIMB prohibits the financing of clients with proof of involvement in the following activities: - Illegal land conversion/ land use - Use of fire for land clearing - Breaches of national labour laws and human trafficking laws, including companies directly involved in child labour, human trafficking, or breaches of labour laws and related regulations"
            Open source document
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "We seek to ensure that our clients are not involved in egregious exploitative practices related to labour and local communities. As such, we require compliance to all legal requirements on labour including child labour, minimum wage, anti-trafficking laws, and related requirements. [...] Prohibitions: CIMB prohibits the financing of clients with proof of involvement in the following activities: - Illegal land conversion/ land use - Use of fire for land clearing - Breaches of national labour laws and human trafficking laws, including companies directly involved in child labour, human trafficking, or breaches of labour laws and related regulations"
            Open source document
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "We seek to ensure that our clients are not involved in egregious exploitative practices related to labour and local communities. As such, we require compliance to all legal requirements on labour including child labour, minimum wage, anti-trafficking laws, and related requirements. [...] Prohibitions: CIMB prohibits the financing of clients with proof of involvement in the following activities: - Illegal land conversion/ land use - Use of fire for land clearing - Breaches of national labour laws and human trafficking laws, including companies directly involved in child labour, human trafficking, or breaches of labour laws and related regulations"
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers; Financiers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers; Financiers
            0.2/0.2
            "We seek to ensure that our clients are not involved in egregious exploitative practices related to labour and local communities. As such, we require compliance to all legal requirements on labour including child labour, minimum wage, anti-trafficking laws, and related requirements. [...] Prohibitions: CIMB prohibits the financing of clients with proof of involvement in the following activities: - Illegal land conversion/ land use - Use of fire for land clearing - Breaches of national labour laws and human trafficking laws, including companies directly involved in child labour, human trafficking, or breaches of labour laws and related regulations"
            Open source document
        • Clients/holdings must address gender equality issues
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must encourage the inclusion of small-scale farmers
          2.3/3.8
          • Commitment details
            Encouraged
            1.5/3
            Commitment details
            Encouraged
            1.5/3
            "Encouragement: CIMB seeks to encourage clients to adopt better sustainability practices. These are highlighted below: [...] On social risk: [...] Encourage smallholder participation in palm oil supply chains"
            Open source document
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "Encouragement: CIMB seeks to encourage clients to adopt better sustainability practices. These are highlighted below: [...] On social risk: [...] Encourage smallholder participation in palm oil supply chains"
            Open source document
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "Encouragement: CIMB seeks to encourage clients to adopt better sustainability practices. These are highlighted below: [...] On social risk: [...] Encourage smallholder participation in palm oil supply chains"
            Open source document
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "Encouragement: CIMB seeks to encourage clients to adopt better sustainability practices. These are highlighted below: [...] On social risk: [...] Encourage smallholder participation in palm oil supply chains"
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers; Financiers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers; Financiers
            0.2/0.2
            "Encouragement: CIMB seeks to encourage clients to adopt better sustainability practices. These are highlighted below: [...] On social risk: [...] Encourage smallholder participation in palm oil supply chains"
            Open source document
        • Clients/holdings must respect customary rights to land, resources, and territory
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Zero tolerance approach to violence and threats
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
      • Implementation and Reporting
        21/35
        • Assess client/holding exposure prior to onboarding
          Yes, for human rights abuse risk; Yes, for deforestation/conversion risk
          5/5
          Assess client/holding exposure prior to onboarding
          Yes, for human rights abuse risk; Yes, for deforestation/conversion risk
          5/5
          Does the financial institution publish the outcome of the risk assessment?: No

          Does the financial institution publish the risk assessment framework/tool used?: No
          "Basic Sustainability Due Diligence All companies that CIMB does business with are subjected to basic sustainability due diligence. The purpose of this first step is to ensure that we are aware of any potential adverse environmental and social risks that a client is engaged in. This step is undertaken by CIMB’s relationship managers. The Basic Sustainability Due Diligence (BSDD) encompasses basic checks on key environmental and social risks that a client may be exposed to, and whether a client has been linked to negative social and environmental impacts in the past three years. This includes checking if a client has been cited in news reports, or linked through credible sources to negative social and environmental impacts. [...] Enhanced Sustainability Due DiligenceClients that are in high-risk sectors or are facing escalated risks as indicated via the BSDD are subjected toan enhanced sustainability due diligence (ESDD) process. The enhanced due diligence involves an internalanalysis conducted by CIMB’s Sustainability team, supplemented by external subject matter expertisewhere necessary. [...] Deforestation: The risk arising from developments and other industrial activities on forested areas, including those designated as national or state reserves and High Conservation Value/ High Carbon Stock areas as assessed by a credible technical assessor."
          Open source document
        • Require disclosure of projects/locations
          No reporting
          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
          "The GSFP has been operationalised through the training of client relationship managers and personnel from relevant departments including risk, compliance, and other support functions. The GSFP is approved by the Board, and along with its related reference documents including exclusions lists, high-risk sector lists and guides, undergo a review process at least once every two years. "
          Open source document
        • Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          Does the financial institution prioritise clients/holdings for engagement based on their compliance monitoring? If yes, do they use thresholds/cut offs to identify these clients/holdings?: yes

          Does the financial institution assess the severity of any non-compliance on the ground in forest-risk commodity supply chains in line with the guidance of the Accountability Framework?: No
          "We also restrict financing to customers who are found to be engaging in activities which we have set out as prohibitions as per our Exclusion List. [...] Under the GSFP, sustainability risk in specific financing decisions is assessed and managed through a structured, risk-based due diligence process."
          Open source document
        • Engagement with non-compliant clients/holdings
          Engage with non-compliant companies, without a time-bound threat of redirection of finance
          2.5/5
          Engagement with non-compliant clients/holdings
          Engage with non-compliant companies, without a time-bound threat of redirection of finance
          2.5/5
          Does the financial institutions have clear thresholds of non-compliance or thresholds of exposure to deforestation risk that trigger engagement processes for clients/holdings?: Yes

          Does the financial institution engage with the client/holding to support the remediation of any social or environmental non-compliance on the ground?: Yes

          Does the financial institution commit to actively monitor clients/holdings' progress towards their time-bound plans and remediation activities?: Yes

          Does the financial instution engage with the company to develop a time-bound plan for compliance with the policy?: Yes
          "If the clients do not meet these minimum criteria at the point of new financing approval or review, a time-bound action plan with reasonable targets for completion are agreed with the client. We also include a list of best practices in our sector guides for selected high sustainability risk sectors to encourage and support clients in their journey to improve their sustainability performance." [...] "s, CIMB may request that a client implements a time-bound action plan. The time-bound action plan is reviewed on an annual basis to check for adherence and progress on resolution. Extension request of time-bound action plan is permitted with sufficient justification."
          Open source document Open source document
        • Engagement with non-compliant companies
          0/0
          Engagement with non-compliant companies
          0/0
          Does the financial institution engage with NGOs/CSOs/IPLCs/rightsholders on the ground as part of their engagement?: No
        • Reporting on implementation of the policy
          Reports number/proportion/outcome of portfolio companies which have been engaged with on deforestation-risk or compliance with the policy/time-bound plans
          2/6
          Reporting on implementation of the policy
          Reports number/proportion/outcome of portfolio companies which have been engaged with on deforestation-risk or compliance with the policy/time-bound plans
          2/6
          Type of reporting: Enhanced Sustainability Due Diligence assessment
          FI reports on the total number of high risk clients screened "Conducted 417 Enhanced Sustainability Due Diligence assessments"
          Open source document
        • Green financing product with deforestation/conversion requirements
          Yes
          2/2
          Green financing product with deforestation/conversion requirements
          Yes
          2/2
          What does green finance product cover, e.g. financially, size: Sustainable forest management

          Is this a clear part of the transition to fully DCAF financing?: No
          The SDG bond framework states that its eligible assets include "Financing for : Sustainable forest management and avoided deforestation (i.e. with certification from the FSC, PEFC, MTCC)"
          Open source document
        • Publicly accessible grievance mechanism
          Yes
          2/2
          Publicly accessible grievance mechanism
          Yes
          2/2
          What does the grievance mechanism cover?: Associated human rights

          Does the financial institution report/publish any of the grievances made against it and/or its clients/holdings in the past 12 months?: No
          "GRIEVANCE MECHANISMS We have in place effective and transparent supplier grievance mechanisms. The CIMB Group Whistleblowing Policy provides a confidential avenue for suppliers to report suspected unethical, illegal or improper behaviour in a confidential manner. We increased awareness of the Group Whistleblowing channel and encourage reporting of any suspicious activities. We have made the Whistleblowing Policy visible and easily accessible to all stakeholders via various channels, including the recently refreshed CIMB Group website, the GEPS homepage, and in the VCOC. We continuously seek opportunities to communicate and reinforce our sustainability vision and aspirations with our suppliers. OUR WHISTLEBLOWING PLATFORMS: Email: whistleblowing@cimb.com Website: https://www.cimb.com/en/ who-we-are/corporategovernance/ code-of-conduct/ whistle-blowing.html "
          Open source document
        • Remediation of environmental or social harms
          Yes, encourage
          1/4
          Remediation of environmental or social harms
          Yes, encourage
          1/4
          As a result of Enhanced Sustainability Due Diligence reports there are "Clients with Action Plans Due in 2021 [...] NDPE and remediation of deforested area"
          Open source document
    • Soy
      8/90
      • Policy Strength
        2/28
        • Commodity-specific deforestation financing policy
          0/8.8
          • Commitment details
            No commitment
            0/8
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must be legally operated
          1.8/2.8
          • Commitment details
            Clients/holdings own operations - Required
            1/2
            Commitment details
            Clients/holdings own operations - Required
            1/2
            "All suppliers go through an onboarding process that provides an orientation on environmental, social and data privacy guidelines in the Vendor Code of Conduct (VCOC). All new suppliers are required to disclose to CIMB their non-involvement in: [...] Environmental harm including illegal logging, uncontrolled use of fire for clearing forest lands, natural resource development within UNESCO World Heritage sites. [...] CIMB will not engage with clients proven to be involved in illegal activities, bribery, illegal logging, terrorism and operating in breach of national labour laws. "
            Open source document
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "All suppliers go through an onboarding process that provides an orientation on environmental, social and data privacy guidelines in the Vendor Code of Conduct (VCOC). All new suppliers are required to disclose to CIMB their non-involvement in: [...] Environmental harm including illegal logging, uncontrolled use of fire for clearing forest lands, natural resource development within UNESCO World Heritage sites. [...] CIMB will not engage with clients proven to be involved in illegal activities, bribery, illegal logging, terrorism and operating in breach of national labour laws. "
            Open source document
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "All suppliers go through an onboarding process that provides an orientation on environmental, social and data privacy guidelines in the Vendor Code of Conduct (VCOC). All new suppliers are required to disclose to CIMB their non-involvement in: [...] Environmental harm including illegal logging, uncontrolled use of fire for clearing forest lands, natural resource development within UNESCO World Heritage sites. [...] CIMB will not engage with clients proven to be involved in illegal activities, bribery, illegal logging, terrorism and operating in breach of national labour laws. "
            Open source document
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "All suppliers go through an onboarding process that provides an orientation on environmental, social and data privacy guidelines in the Vendor Code of Conduct (VCOC). All new suppliers are required to disclose to CIMB their non-involvement in: [...] Environmental harm including illegal logging, uncontrolled use of fire for clearing forest lands, natural resource development within UNESCO World Heritage sites. [...] CIMB will not engage with clients proven to be involved in illegal activities, bribery, illegal logging, terrorism and operating in breach of national labour laws. "
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "All suppliers go through an onboarding process that provides an orientation on environmental, social and data privacy guidelines in the Vendor Code of Conduct (VCOC). All new suppliers are required to disclose to CIMB their non-involvement in: [...] Environmental harm including illegal logging, uncontrolled use of fire for clearing forest lands, natural resource development within UNESCO World Heritage sites. [...] CIMB will not engage with clients proven to be involved in illegal activities, bribery, illegal logging, terrorism and operating in breach of national labour laws. "
            Open source document
        • Clients/holdings must monitor operations
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must conduct risk assessments
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must specify a cut-off date
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Target date for policy implementation
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
      • Associated Human Rights Abuses
        2/27
        • Clients/holdings must test Free, Prior and Informed Consent
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must have a grievance mechanism
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must respect labour rights
          2.3/3.8
          • Commitment details
            Clients/holdings own operations - Required
            1.5/3
            Commitment details
            Clients/holdings own operations - Required
            1.5/3
            Does the financial institution ask the client/holding to protect the health and safety of its own operations or its supply chain workers?: No
            "We seek to ensure that our clients are not involved in egregious exploitative practices related to labour and local communities. As such, we require compliance to all legal requirements on labour including child labour, minimum wage, anti-trafficking laws, and related requirements. [...] Prohibitions: CIMB prohibits the financing of clients with proof of involvement in the following activities: - Illegal land conversion/ land use - Use of fire for land clearing - Breaches of national labour laws and human trafficking laws, including companies directly involved in child labour, human trafficking, or breaches of labour laws and related regulations"
            Open source document
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "We seek to ensure that our clients are not involved in egregious exploitative practices related to labour and local communities. As such, we require compliance to all legal requirements on labour including child labour, minimum wage, anti-trafficking laws, and related requirements. [...] Prohibitions: CIMB prohibits the financing of clients with proof of involvement in the following activities: - Illegal land conversion/ land use - Use of fire for land clearing - Breaches of national labour laws and human trafficking laws, including companies directly involved in child labour, human trafficking, or breaches of labour laws and related regulations"
            Open source document
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "We seek to ensure that our clients are not involved in egregious exploitative practices related to labour and local communities. As such, we require compliance to all legal requirements on labour including child labour, minimum wage, anti-trafficking laws, and related requirements. [...] Prohibitions: CIMB prohibits the financing of clients with proof of involvement in the following activities: - Illegal land conversion/ land use - Use of fire for land clearing - Breaches of national labour laws and human trafficking laws, including companies directly involved in child labour, human trafficking, or breaches of labour laws and related regulations"
            Open source document
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "We seek to ensure that our clients are not involved in egregious exploitative practices related to labour and local communities. As such, we require compliance to all legal requirements on labour including child labour, minimum wage, anti-trafficking laws, and related requirements. [...] Prohibitions: CIMB prohibits the financing of clients with proof of involvement in the following activities: - Illegal land conversion/ land use - Use of fire for land clearing - Breaches of national labour laws and human trafficking laws, including companies directly involved in child labour, human trafficking, or breaches of labour laws and related regulations"
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "We seek to ensure that our clients are not involved in egregious exploitative practices related to labour and local communities. As such, we require compliance to all legal requirements on labour including child labour, minimum wage, anti-trafficking laws, and related requirements. [...] Prohibitions: CIMB prohibits the financing of clients with proof of involvement in the following activities: - Illegal land conversion/ land use - Use of fire for land clearing - Breaches of national labour laws and human trafficking laws, including companies directly involved in child labour, human trafficking, or breaches of labour laws and related regulations"
            Open source document
        • Clients/holdings must address gender equality issues
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must encourage the inclusion of small-scale farmers
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must respect customary rights to land, resources, and territory
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Zero tolerance approach to violence and threats
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
      • Implementation and Reporting
        4/35
        • Assess client/holding exposure prior to onboarding
          No
          0/5
        • Require disclosure of projects/locations
          No reporting
          0/4
        • Policy is reviewed and updated
          No
          0/2
        • Monitoring and non-compliance process
          No
          0/5
        • Engagement with non-compliant clients/holdings
          No
          0/5
        • Engagement with non-compliant companies
          0/0
        • Reporting on implementation of the policy
          No
          0/6
        • Green financing product with deforestation/conversion requirements
          Yes
          2/2
          Green financing product with deforestation/conversion requirements
          Yes
          2/2
          Is this a clear part of the transition to fully DCAF financing?: No

          What does green finance product cover, e.g. financially, size: Sustainable forest management
          The SDG bond framework states that its eligible assets include "Financing for : Sustainable forest management and avoided deforestation (i.e. with certification from the FSC, PEFC, MTCC)"
          Open source document
        • Publicly accessible grievance mechanism
          Yes
          2/2
          Publicly accessible grievance mechanism
          Yes
          2/2
          What does the grievance mechanism cover?: Associated human rights

          Does the financial institution report/publish any of the grievances made against it and/or its clients/holdings in the past 12 months?: No
          "GRIEVANCE MECHANISMS We have in place effective and transparent supplier grievance mechanisms. The CIMB Group Whistleblowing Policy provides a confidential avenue for suppliers to report suspected unethical, illegal or improper behaviour in a confidential manner. We increased awareness of the Group Whistleblowing channel and encourage reporting of any suspicious activities. We have made the Whistleblowing Policy visible and easily accessible to all stakeholders via various channels, including the recently refreshed CIMB Group website, the GEPS homepage, and in the VCOC. We continuously seek opportunities to communicate and reinforce our sustainability vision and aspirations with our suppliers. OUR WHISTLEBLOWING PLATFORMS: Email: whistleblowing@cimb.com Website: https://www.cimb.com/en/ who-we-are/corporategovernance/ code-of-conduct/ whistle-blowing.html "
          Open source document
        • Remediation of environmental or social harms
          No
          0/4
    • Timber, Pulp & Paper
      45/90
      • Policy Strength
        17/28
        • Commodity-specific deforestation financing policy
          6.8/8.8
          • Commitment details
            Zero-gross deforestation
            6/8
            Commitment details
            Zero-gross deforestation
            6/8
            Does the policy have specific requirements/expectations of clients/holdings in line with the policy?: No
            "Clients with timber plantations must meet our No Deforestation, No Peat, and No Exploitation requirements." ; "Regionally, four clients were assessed, all for general corporate financing. One client was requested to commit to an action plan to obtain sustainable forest management certification."
            Open source document
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "Clients with timber plantations must meet our No Deforestation, No Peat, and No Exploitation requirements." ; "Regionally, four clients were assessed, all for general corporate financing. One client was requested to commit to an action plan to obtain sustainable forest management certification."
            Open source document
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "Clients with timber plantations must meet our No Deforestation, No Peat, and No Exploitation requirements." ; "Regionally, four clients were assessed, all for general corporate financing. One client was requested to commit to an action plan to obtain sustainable forest management certification."
            Open source document
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "Clients with timber plantations must meet our No Deforestation, No Peat, and No Exploitation requirements." ; "Regionally, four clients were assessed, all for general corporate financing. One client was requested to commit to an action plan to obtain sustainable forest management certification."
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "Clients with timber plantations must meet our No Deforestation, No Peat, and No Exploitation requirements." ; "Regionally, four clients were assessed, all for general corporate financing. One client was requested to commit to an action plan to obtain sustainable forest management certification."
            Open source document
        • Clients/holdings must be legally operated
          1.8/2.8
          • Commitment details
            Clients/holdings own operations - Required
            1/2
            Commitment details
            Clients/holdings own operations - Required
            1/2
            "Clients with logging concessions must demonstrate compliance to sustainable logging principles, as well as no exploitation of impacted stakeholders including respecting FPIC principles. Clients with timber plantations must meet our No Deforestation, No Peat, and No Exploitation requirements." [...] ""CIMB seeks to encourage clients to adopt better sustainability practices. These are highlighted below: Implementation of Forest Management Certifications through either the Forest Stewardship Council (FSC) or the Malaysian Timber Certification Scheme (MTCS) or equivalent; Publish evidence that operations and business practices comply with all applicable local and international laws and regulations (e.g. Forest Management Plan, EIA/SIA report)""
            Open source document Open source document
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "Clients with logging concessions must demonstrate compliance to sustainable logging principles, as well as no exploitation of impacted stakeholders including respecting FPIC principles. Clients with timber plantations must meet our No Deforestation, No Peat, and No Exploitation requirements."
            Open source document
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "Clients with logging concessions must demonstrate compliance to sustainable logging principles, as well as no exploitation of impacted stakeholders including respecting FPIC principles. Clients with timber plantations must meet our No Deforestation, No Peat, and No Exploitation requirements."
            Open source document
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "Clients with logging concessions must demonstrate compliance to sustainable logging principles, as well as no exploitation of impacted stakeholders including respecting FPIC principles. Clients with timber plantations must meet our No Deforestation, No Peat, and No Exploitation requirements."
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "Clients with logging concessions must demonstrate compliance to sustainable logging principles, as well as no exploitation of impacted stakeholders including respecting FPIC principles. Clients with timber plantations must meet our No Deforestation, No Peat, and No Exploitation requirements."
            Open source document
        • Clients/holdings must monitor operations
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must conduct risk assessments
          3.8/3.8
          • Commitment details
            Required
            3/3
            Commitment details
            Required
            3/3
            "CIMB requires the following of clients in this sector: - For logging in natural forests • Forest Managers to have a Forest Management Plan (FMP) or equivalent (as required by national law) within the Forest Management Unit (FMU) where the logging takes place • Forestry companies to operate by the FMP or equivalent • Forestry companies to conduct High Conservation Value (HCV) assessment and ensure that HCV are maintained or enhanced"
            Open source document
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "CIMB requires the following of clients in this sector: - For logging in natural forests • Forest Managers to have a Forest Management Plan (FMP) or equivalent (as required by national law) within the Forest Management Unit (FMU) where the logging takes place • Forestry companies to operate by the FMP or equivalent • Forestry companies to conduct High Conservation Value (HCV) assessment and ensure that HCV are maintained or enhanced"
            Open source document
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "CIMB requires the following of clients in this sector: - For logging in natural forests • Forest Managers to have a Forest Management Plan (FMP) or equivalent (as required by national law) within the Forest Management Unit (FMU) where the logging takes place • Forestry companies to operate by the FMP or equivalent • Forestry companies to conduct High Conservation Value (HCV) assessment and ensure that HCV are maintained or enhanced"
            Open source document
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "CIMB requires the following of clients in this sector: - For logging in natural forests • Forest Managers to have a Forest Management Plan (FMP) or equivalent (as required by national law) within the Forest Management Unit (FMU) where the logging takes place • Forestry companies to operate by the FMP or equivalent • Forestry companies to conduct High Conservation Value (HCV) assessment and ensure that HCV are maintained or enhanced"
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "CIMB requires the following of clients in this sector: - For logging in natural forests • Forest Managers to have a Forest Management Plan (FMP) or equivalent (as required by national law) within the Forest Management Unit (FMU) where the logging takes place • Forestry companies to operate by the FMP or equivalent • Forestry companies to conduct High Conservation Value (HCV) assessment and ensure that HCV are maintained or enhanced"
            Open source document
        • Clients/holdings must specify a cut-off date
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Target date for policy implementation
          3.8/3.8
          • Commitment details
            Required
            3/3
            Commitment details
            Required
            3/3
            What is the target date for the full implementation of the financial institution's policy?: NA

            What is the length of time the portfolio companies are given to meet their time-bound plans?: NA

            What is the deadline for the portfolio companies to become compliant with the policy?: NA
            "CIMB has developed internal sector guides on E&S risks for the following industries: [...] Forestry Sector [...] In each sector guide, CIMB has specified industry specific minimum requirements for financing clients. In the event that clients are not meeting these requirements at the point of new financing approval or review, a time-bound action plan with reasonable targets for completion would be agreed with the client. The sector guides also specify certain prohibited activities that would cause CIMB to cease business with a client, in addition to those listed in the Exclusion List. [...] illegal logging"
            Open source document
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "CIMB has developed internal sector guides on E&S risks for the following industries: [...] Forestry Sector [...] In each sector guide, CIMB has specified industry specific minimum requirements for financing clients. In the event that clients are not meeting these requirements at the point of new financing approval or review, a time-bound action plan with reasonable targets for completion would be agreed with the client. The sector guides also specify certain prohibited activities that would cause CIMB to cease business with a client, in addition to those listed in the Exclusion List. [...] illegal logging"
            Open source document
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "CIMB has developed internal sector guides on E&S risks for the following industries: [...] Forestry Sector [...] In each sector guide, CIMB has specified industry specific minimum requirements for financing clients. In the event that clients are not meeting these requirements at the point of new financing approval or review, a time-bound action plan with reasonable targets for completion would be agreed with the client. The sector guides also specify certain prohibited activities that would cause CIMB to cease business with a client, in addition to those listed in the Exclusion List. [...] illegal logging"
            Open source document
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "CIMB has developed internal sector guides on E&S risks for the following industries: [...] Forestry Sector [...] In each sector guide, CIMB has specified industry specific minimum requirements for financing clients. In the event that clients are not meeting these requirements at the point of new financing approval or review, a time-bound action plan with reasonable targets for completion would be agreed with the client. The sector guides also specify certain prohibited activities that would cause CIMB to cease business with a client, in addition to those listed in the Exclusion List. [...] illegal logging"
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "CIMB has developed internal sector guides on E&S risks for the following industries: [...] Forestry Sector [...] In each sector guide, CIMB has specified industry specific minimum requirements for financing clients. In the event that clients are not meeting these requirements at the point of new financing approval or review, a time-bound action plan with reasonable targets for completion would be agreed with the client. The sector guides also specify certain prohibited activities that would cause CIMB to cease business with a client, in addition to those listed in the Exclusion List. [...] illegal logging"
            Open source document
      • Associated Human Rights Abuses
        9/27
        • Clients/holdings must test Free, Prior and Informed Consent
          2.3/3.8
          • Commitment details
            Encouraged
            1.5/3
            Commitment details
            Encouraged
            1.5/3
            Does the financial institution require the client/holding to cease acquisition/expansion unless FPIC is given?: No
            "Through the implementation of our Forestry Sector Guide, we strive to ensure that clients in the sector are implementing the required steps towards achieving forest certification. Of particular interest is community engagement efforts with local and indigenous communities, who are reliant on forest resources, in line with Free, Prior and Informed Consent (FPIC) principles."
            Open source document
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "Through the implementation of our Forestry Sector Guide, we strive to ensure that clients in the sector are implementing the required steps towards achieving forest certification. Of particular interest is community engagement efforts with local and indigenous communities, who are reliant on forest resources, in line with Free, Prior and Informed Consent (FPIC) principles."
            Open source document
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "Through the implementation of our Forestry Sector Guide, we strive to ensure that clients in the sector are implementing the required steps towards achieving forest certification. Of particular interest is community engagement efforts with local and indigenous communities, who are reliant on forest resources, in line with Free, Prior and Informed Consent (FPIC) principles."
            Open source document
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "Through the implementation of our Forestry Sector Guide, we strive to ensure that clients in the sector are implementing the required steps towards achieving forest certification. Of particular interest is community engagement efforts with local and indigenous communities, who are reliant on forest resources, in line with Free, Prior and Informed Consent (FPIC) principles."
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "Through the implementation of our Forestry Sector Guide, we strive to ensure that clients in the sector are implementing the required steps towards achieving forest certification. Of particular interest is community engagement efforts with local and indigenous communities, who are reliant on forest resources, in line with Free, Prior and Informed Consent (FPIC) principles."
            Open source document
        • Clients/holdings must have a grievance mechanism
          3.8/3.8
          • Commitment details
            Required
            3/3
            Commitment details
            Required
            3/3
            "CIMB’s Forestry Sector Guide applies to clients involved in logging in natural forests and silviculture (forest plantations), including rubber plantations. [...] All companies must be able to demonstrate respect for human rights, including: • Establishing a human rights policy and publicly committing to respect human rights • Conducting human rights due diligence to identify and mitigate human rights risks • Developing a grievance mechanism which respects anonymity and prohibits reprisals"
            Open source document
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "CIMB’s Forestry Sector Guide applies to clients involved in logging in natural forests and silviculture (forest plantations), including rubber plantations. [...] All companies must be able to demonstrate respect for human rights, including: • Establishing a human rights policy and publicly committing to respect human rights • Conducting human rights due diligence to identify and mitigate human rights risks • Developing a grievance mechanism which respects anonymity and prohibits reprisals"
            Open source document
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "CIMB’s Forestry Sector Guide applies to clients involved in logging in natural forests and silviculture (forest plantations), including rubber plantations. [...] All companies must be able to demonstrate respect for human rights, including: • Establishing a human rights policy and publicly committing to respect human rights • Conducting human rights due diligence to identify and mitigate human rights risks • Developing a grievance mechanism which respects anonymity and prohibits reprisals"
            Open source document
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "CIMB’s Forestry Sector Guide applies to clients involved in logging in natural forests and silviculture (forest plantations), including rubber plantations. [...] All companies must be able to demonstrate respect for human rights, including: • Establishing a human rights policy and publicly committing to respect human rights • Conducting human rights due diligence to identify and mitigate human rights risks • Developing a grievance mechanism which respects anonymity and prohibits reprisals"
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "CIMB’s Forestry Sector Guide applies to clients involved in logging in natural forests and silviculture (forest plantations), including rubber plantations. [...] All companies must be able to demonstrate respect for human rights, including: • Establishing a human rights policy and publicly committing to respect human rights • Conducting human rights due diligence to identify and mitigate human rights risks • Developing a grievance mechanism which respects anonymity and prohibits reprisals"
            Open source document
        • Clients/holdings must respect labour rights
          2.3/3.8
          • Commitment details
            Clients/holdings own operations - Required
            1.5/3
            Commitment details
            Clients/holdings own operations - Required
            1.5/3
            Does the financial institution ask the client/holding to protect the health and safety of its own operations or its supply chain workers?: No
            "We seek to ensure that our clients are not involved in egregious exploitative practices related to labour and local communities. As such, we require compliance to all legal requirements on labour including child labour, minimum wage, anti-trafficking laws, and related requirements. [...] Prohibitions: CIMB prohibits the financing of clients with proof of involvement in the following activities: - Illegal land conversion/ land use - Use of fire for land clearing - Breaches of national labour laws and human trafficking laws, including companies directly involved in child labour, human trafficking, or breaches of labour laws and related regulations"
            Open source document
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "We seek to ensure that our clients are not involved in egregious exploitative practices related to labour and local communities. As such, we require compliance to all legal requirements on labour including child labour, minimum wage, anti-trafficking laws, and related requirements. [...] Prohibitions: CIMB prohibits the financing of clients with proof of involvement in the following activities: - Illegal land conversion/ land use - Use of fire for land clearing - Breaches of national labour laws and human trafficking laws, including companies directly involved in child labour, human trafficking, or breaches of labour laws and related regulations"
            Open source document
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "We seek to ensure that our clients are not involved in egregious exploitative practices related to labour and local communities. As such, we require compliance to all legal requirements on labour including child labour, minimum wage, anti-trafficking laws, and related requirements. [...] Prohibitions: CIMB prohibits the financing of clients with proof of involvement in the following activities: - Illegal land conversion/ land use - Use of fire for land clearing - Breaches of national labour laws and human trafficking laws, including companies directly involved in child labour, human trafficking, or breaches of labour laws and related regulations"
            Open source document
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "We seek to ensure that our clients are not involved in egregious exploitative practices related to labour and local communities. As such, we require compliance to all legal requirements on labour including child labour, minimum wage, anti-trafficking laws, and related requirements. [...] Prohibitions: CIMB prohibits the financing of clients with proof of involvement in the following activities: - Illegal land conversion/ land use - Use of fire for land clearing - Breaches of national labour laws and human trafficking laws, including companies directly involved in child labour, human trafficking, or breaches of labour laws and related regulations"
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "We seek to ensure that our clients are not involved in egregious exploitative practices related to labour and local communities. As such, we require compliance to all legal requirements on labour including child labour, minimum wage, anti-trafficking laws, and related requirements. [...] Prohibitions: CIMB prohibits the financing of clients with proof of involvement in the following activities: - Illegal land conversion/ land use - Use of fire for land clearing - Breaches of national labour laws and human trafficking laws, including companies directly involved in child labour, human trafficking, or breaches of labour laws and related regulations"
            Open source document
        • Clients/holdings must address gender equality issues
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must encourage the inclusion of small-scale farmers
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must respect customary rights to land, resources, and territory
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Zero tolerance approach to violence and threats
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
      • Implementation and Reporting
        20/35
        • Assess client/holding exposure prior to onboarding
          Yes, for human rights abuse risk; Yes, for deforestation/conversion risk
          5/5
          Assess client/holding exposure prior to onboarding
          Yes, for human rights abuse risk; Yes, for deforestation/conversion risk