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Select an assessment year:

  • Overall approach
    9/16
    • Overarching commitment on deforestation
      8/14
      Deforestation commitment
      Reduce deforestation
      8/14
      As part of the GSFP, we developed specific Sector Guides detailing our expectations of clients in the Palm Oil [...] and Forestry sectors. With the GSFP and Sector Guides, we intend to promote and encourage sustainable practices beyond compliance across our clientele. [...] We are committed to encouraging our clients to adopt sustainable practices and identify, monitor, and mitigate negative impacts that may arise from our financing activities. Among the issues that raise material concerns for CIMB include industries with significant exposure to the following risks: deforestation [...] biodiversity loss [...] In cases where clients are identified to be potentially linked to these issues, we may recommend time-bound environmental and social action plans to mitigate the risk of negative impacts if safeguards have not already been put in place. We have processes in place to periodically follow-up on and monitor the completion of agreed action plans, as well as address cases of non-compliance to the agreed plan"
    • Company must have anti-corruption policy
      1/2
      Anti-corruption
      Anti-corruption policy
      1/2
      "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."
  • Commodity score
    17/64
    • Beef & Leather
      9/64
      • Commitment Strength
        9/42
        • Commodity-specific financing policy
          0/9.6
          • Commitment details
            No
            0/8
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must be legally operated
          3.6/5.6
          • Commitment details
            Own operations - Require
            2/4
            Commitment details
            Own operations - Require
            2/4
            "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 [...] • illegal logging or uncontrolled fire"
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "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 [...] • illegal logging or uncontrolled fire"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "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 [...] • illegal logging or uncontrolled fire"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "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 [...] • illegal logging or uncontrolled fire"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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 [...] • illegal logging or uncontrolled fire"
        • Companies must protect priority forests or globally important landscapes
          5.6/9.6
          • Commitment details
            Globally important - Required
            4/8
            Commitment details
            Globally important - Required
            4/8
            "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: [...] activities impacting UNESCO World Heritage Sites"
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "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: [...] activities impacting UNESCO World Heritage Sites"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "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: [...] activities impacting UNESCO World Heritage Sites"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "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: [...] activities impacting UNESCO World Heritage Sites"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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: [...] activities impacting UNESCO World Heritage Sites"
        • Assurance mechanism to ensure compliance
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Commitments must be timebound
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        0/22
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
    • Palm oil
      24/64
      • Commitment Strength
        24/42
        • Commodity-specific financing policy
          9.6/9.6
          • Commitment details
            Yes
            8/8
            Commitment details
            Yes
            8/8
            Type of policy: Sustainable/Responsible
            "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."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "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."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "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."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "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."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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."
        • Companies must be legally operated
          3.6/5.6
          • Commitment details
            Own operations - Require
            2/4
            Commitment details
            Own operations - Require
            2/4
            "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 [...] • illegal logging or uncontrolled fire"
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "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 [...] • illegal logging or uncontrolled fire"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "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 [...] • illegal logging or uncontrolled fire"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "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 [...] • illegal logging or uncontrolled fire"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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 [...] • illegal logging or uncontrolled fire"
        • Companies must protect priority forests or globally important landscapes
          5.6/9.6
          • Commitment details
            Globally important - Required
            4/8
            Commitment details
            Globally important - Required
            4/8
            "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: [...] activities impacting UNESCO World Heritage Sites"
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "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: [...] activities impacting UNESCO World Heritage Sites"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "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: [...] activities impacting UNESCO World Heritage Sites"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "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: [...] activities impacting UNESCO World Heritage Sites"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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: [...] activities impacting UNESCO World Heritage Sites"
        • Assurance mechanism to ensure compliance
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Commitments must be timebound
          5.6/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Type of policy: Companies set own deadline but must be timebound
            "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."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "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."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "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."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "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."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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."
      • Social Considerations
        0/22
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
    • Soy
      9/64
      • Commitment Strength
        9/42
        • Commodity-specific financing policy
          0/9.6
          • Commitment details
            No
            0/8
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must be legally operated
          3.6/5.6
          • Commitment details
            Own operations - Require
            2/4
            Commitment details
            Own operations - Require
            2/4
            "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 [...] • illegal logging or uncontrolled fire"
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "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 [...] • illegal logging or uncontrolled fire"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "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 [...] • illegal logging or uncontrolled fire"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "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 [...] • illegal logging or uncontrolled fire"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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 [...] • illegal logging or uncontrolled fire"
        • Companies must protect priority forests or globally important landscapes
          5.6/9.6
          • Commitment details
            Globally important - Required
            4/8
            Commitment details
            Globally important - Required
            4/8
            "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: [...] activities impacting UNESCO World Heritage Sites"
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "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: [...] activities impacting UNESCO World Heritage Sites"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "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: [...] activities impacting UNESCO World Heritage Sites"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "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: [...] activities impacting UNESCO World Heritage Sites"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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: [...] activities impacting UNESCO World Heritage Sites"
        • Assurance mechanism to ensure compliance
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Commitments must be timebound
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        0/22
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
    • Timber, Pulp & Paper
      24/64
      • Commitment Strength
        24/42
        • Commodity-specific financing policy
          9.6/9.6
          • Commitment details
            Yes
            8/8
            Commitment details
            Yes
            8/8
            Type of policy: Sustainable/Responsible
            "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"
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "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"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "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"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "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"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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"
        • Companies must be legally operated
          3.6/5.6
          • Commitment details
            Own operations - Require
            2/4
            Commitment details
            Own operations - Require
            2/4
            "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 [...] • illegal logging or uncontrolled fire"
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "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 [...] • illegal logging or uncontrolled fire"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "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 [...] • illegal logging or uncontrolled fire"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "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 [...] • illegal logging or uncontrolled fire"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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 [...] • illegal logging or uncontrolled fire"
        • Companies must protect priority forests or globally important landscapes
          5.6/9.6
          • Commitment details
            Globally important - Required
            4/8
            Commitment details
            Globally important - Required
            4/8
            "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: [...] activities impacting UNESCO World Heritage Sites"
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "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: [...] activities impacting UNESCO World Heritage Sites"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "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: [...] activities impacting UNESCO World Heritage Sites"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "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: [...] activities impacting UNESCO World Heritage Sites"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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: [...] activities impacting UNESCO World Heritage Sites"
        • Assurance mechanism to ensure compliance
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Commitments must be timebound
          5.6/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Type of policy: Companies set own deadline but must be timebound
            "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"
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "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"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "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"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "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"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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"
      • Social Considerations
        0/22
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
  • Reporting & Implementation
    10/20
    • Policy is reviewed and updated
      3/5
      Policy review
      Commit to update policy - Timeline unclear
      3/5
      "In 2020, our Group Sustainable Financing Policy and related Sector Guides will be rolled-out to all other key markets outside Malaysia and will be reviewed to strengthen our alignment with global sustainability drivers and our international commitments. [...] As part of the Group Sustainable Financing Policy (GSFP), we are required to carry out self-control testing every 6 months to review samples of facilities and ensure compliance to the policy. In addition, The Board will periodically review the adequacy and effectiveness of the GSFP"
    • Companies must disclose subsidiaries in commodity supply chains
      0/5
    • Monitoring and non-compliance process
      5/5
      Monitoring compliance
      Yes - Timebound non-compliance statement
      5/5
      "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."
    • Reporting on implementation of the policy
      3/5
      Reporting
      Yes - Less than Annually or ad hoc
      3/5
      Numbers: 44

      Type of Reporting: reported within annual report
      FI reports on the total number of high risk clients screened "Enhanced Sustainability Due Diligence 2019 - Total high risk clients screened 44"
  • Commitment strength
    17/42
    Avg. score
  • Social considerations
    0/22
    Avg. score

Profile

CIMB Group is a Southeast Asian banking group headquartered in Malaysia serving private and commercial clients. Its services include corporate finance, treasury markets, investment banking, insurance, wealth management and retail banking. CIMB Group is one of the top lenders to Forest 500 companies, predominantly in the agriculture and agricultural commodity sectors.

HQ
HQ 
Malaysia
Financial institution type
Financial institution type 
Asset management, Bank

How we assess the Forest 500

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

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

Disclaimer

This assessment has been carried out following the methodology developed for the Forest 500 project, available here. Please see our disclaimer applicable to all information contained within this site and our terms and conditions for use of data presented on this site.

All assessments use policies published on company and financial institution websites, and while we endeavor to keep them updated some links may have changed or been removed since the time of assessment.

Please contact us with any concerns or feedback about this or other assessments included in the Forest 500.