-
Overall approach2/10
-
Overarching commitment on deforestation0/6
-
Deforestation as a business risk1/1
-
Target to reduce emissions in scope 1/2
-
Clients/holdings must have anti-corruption policy0.0/1
-
Collaborative finance sector initiatives1/2
-
Nature/people-positive investment
-
-
Commodity score22/90
-
Beef & Leather4/90
-
Policy Strength0/28
-
Commodity-specific deforestation financing policy0/8.8
-
Commitment detailsNo commitment0/8
-
Policy applies to all operations and financingNo0/0.2
-
Policy applies to all dealsNo0/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainNone0/0.2
-
-
Clients/holdings must be legally operated0/2.8
-
Commitment detailsNo commitment0/2
-
Policy applies to all operations and financingNo0/0.2
-
Policy applies to all dealsNo0/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainNone0/0.2
-
-
Clients/holdings must monitor operations0/3.8
-
Commitment detailsNo commitment0/3
-
Policy applies to all operations and financingNo0/0.2
-
Policy applies to all dealsNo0/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainNone0/0.2
-
-
Clients/holdings must conduct risk assessments0/3.8
-
Commitment detailsNo commitment0/3
-
Policy applies to all operations and financingNo0/0.2
-
Policy applies to all dealsNo0/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainNone0/0.2
-
-
Clients/holdings must specify a cut-off date0/3.8
-
Commitment detailsNo commitment0/3
-
Policy applies to all operations and financingNo0/0.2
-
Policy applies to all dealsNo0/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainNone0/0.2
-
-
Target date for policy implementation0/3.8
-
Commitment detailsNo commitment0/3
-
Policy applies to all operations and financingNo0/0.2
-
Policy applies to all dealsNo0/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainNone0/0.2
-
-
-
Associated Human Rights Abuses2/27
-
Clients/holdings must test Free, Prior and Informed Consent0/3.8
-
Commitment detailsNo commitment0/3
-
Policy applies to all operations and financingNo0/0.2
-
Policy applies to all dealsNo0/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainNone0/0.2
-
-
Clients/holdings must have a grievance mechanism0/3.8
-
Commitment detailsNo commitment0/3
-
Policy applies to all operations and financingNo0/0.2
-
Policy applies to all dealsNo0/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainNone0/0.2
-
-
Clients/holdings must respect labour rights2.3/3.8
-
Commitment detailsClients/holdings own operations - Required1.5/3
-
Policy applies to all operations and financingAll financing0.2/0.2
-
Policy applies to all dealsAll financing0.2/0.2
-
Policy applies to all clients/holdingsAll financing0.2/0.2
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.2/0.2
-
-
Clients/holdings must address gender equality issues0/3.8
-
Commitment detailsNo commitment0/3
-
Policy applies to all operations and financingNo0/0.2
-
Policy applies to all dealsNo0/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainNone0/0.2
-
-
Clients/holdings must encourage the inclusion of small-scale farmers0/3.8
-
Commitment detailsNo commitment0/3
-
Policy applies to all operations and financingNo0/0.2
-
Policy applies to all dealsNo0/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainNone0/0.2
-
-
Clients/holdings must respect customary rights to land, resources, and territory0/3.8
-
Commitment detailsNo commitment0/3
-
Policy applies to all operations and financingNo0/0.2
-
Policy applies to all dealsNo0/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainNone0/0.2
-
-
Zero tolerance approach to violence and threats0/3.8
-
Commitment detailsNo commitment0/3
-
Policy applies to all operations and financingNo0/0.2
-
Policy applies to all dealsNo0/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainNone0/0.2
-
-
-
Implementation and Reporting2/35
-
Assess client/holding exposure prior to onboardingNo0/5
-
Require disclosure of projects/locationsNo reporting0/4
-
Policy is reviewed and updatedNo0/2
-
Monitoring and non-compliance processNo0/5
-
Engagement with non-compliant clients/holdingsNo0/5
-
Engagement with non-compliant companies0/0
-
Reporting on implementation of the policyNo0/6
-
Green financing product with deforestation/conversion requirementsNo0/2
-
Publicly accessible grievance mechanismYes2/2
-
Remediation of environmental or social harmsNo0/4
-
-
-
Palm oil34/90
-
Policy Strength15/28
-
Commodity-specific deforestation financing policy6.7/8.8
-
Commitment detailsZero-gross deforestation6/8
-
Policy applies to all operations and financingAll financing0.2/0.2
-
Policy applies to all dealsAll financing0.2/0.2
-
Policy applies to all clients/holdingsAll financing0.2/0.2
-
Policy applies to all stages of the supply chainProducers; Processors0.1/0.2
-
-
Clients/holdings must be legally operated1.6/2.8
-
Commitment detailsClients/holdings own operations - Required1/2
-
Policy applies to all operations and financingAll financing0.2/0.2
-
Policy applies to all dealsAll financing0.2/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.2/0.2
-
-
Clients/holdings must monitor operations2.2/3.8
-
Commitment detailsYes, a mechanism to monitor compliance - Require1.5/3
-
Policy applies to all operations and financingAll financing0.2/0.2
-
Policy applies to all dealsAll financing0.2/0.2
-
Policy applies to all clients/holdingsAll financing0.2/0.2
-
Policy applies to all stages of the supply chainProducers; Processors0.1/0.2
-
-
Clients/holdings must conduct risk assessments0/3.8
-
Commitment detailsNo commitment0/3
-
Policy applies to all operations and financingNo0/0.2
-
Policy applies to all dealsNo0/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainNone0/0.2
-
-
Clients/holdings must specify a cut-off date0/3.8
-
Commitment detailsNo commitment0/3
-
Policy applies to all operations and financingNo0/0.2
-
Policy applies to all dealsNo0/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainNone0/0.2
-
-
Target date for policy implementation3.7/3.8
-
Commitment detailsRequired3/3
-
Policy applies to all operations and financingAll financing0.2/0.2
-
Policy applies to all dealsAll financing0.2/0.2
-
Policy applies to all clients/holdingsAll financing0.2/0.2
-
Policy applies to all stages of the supply chainProducers; Processors0.1/0.2
-
-
-
Associated Human Rights Abuses6/27
-
Clients/holdings must test Free, Prior and Informed Consent3.8/3.8
-
Commitment detailsRequired3/3
-
Policy applies to all operations and financingAll financing0.2/0.2
-
Policy applies to all dealsAll financing0.2/0.2
-
Policy applies to all clients/holdingsAll financing0.2/0.2
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.2/0.2
-
-
Clients/holdings must have a grievance mechanism0/3.8
-
Commitment detailsNo commitment0/3
-
Policy applies to all operations and financingNo0/0.2
-
Policy applies to all dealsNo0/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainNone0/0.2
-
-
Clients/holdings must respect labour rights2.3/3.8
-
Commitment detailsClients/holdings own operations - Required1.5/3
-
Policy applies to all operations and financingAll financing0.2/0.2
-
Policy applies to all dealsAll financing0.2/0.2
-
Policy applies to all clients/holdingsAll financing0.2/0.2
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.2/0.2
-
-
Clients/holdings must address gender equality issues0/3.8
-
Commitment detailsNo commitment0/3
-
Policy applies to all operations and financingNo0/0.2
-
Policy applies to all dealsNo0/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainNone0/0.2
-
-
Clients/holdings must encourage the inclusion of small-scale farmers0/3.8
-
Commitment detailsNo commitment0/3
-
Policy applies to all operations and financingNo0/0.2
-
Policy applies to all dealsNo0/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainNone0/0.2
-
-
Clients/holdings must respect customary rights to land, resources, and territory0/3.8
-
Commitment detailsNo commitment0/3
-
Policy applies to all operations and financingNo0/0.2
-
Policy applies to all dealsNo0/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainNone0/0.2
-
-
Zero tolerance approach to violence and threats0/3.8
-
Commitment detailsNo commitment0/3
-
Policy applies to all operations and financingNo0/0.2
-
Policy applies to all dealsNo0/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainNone0/0.2
-
-
-
Implementation and Reporting13/35
-
Assess client/holding exposure prior to onboardingYes, for deforestation/conversion risk2.5/5
-
Require disclosure of projects/locationsNo reporting0/4
-
Policy is reviewed and updatedTimeline for review unclear or review conducted less frequently than annually1/2
-
Monitoring and non-compliance processScreening and monitoring process5/5
-
Engagement with non-compliant clients/holdingsEngage with non-compliant companies, without a time-bound threat of redirection of finance2.5/5
-
Engagement with non-compliant companies0/0
-
Reporting on implementation of the policyNo0/6
-
Green financing product with deforestation/conversion requirementsNo0/2
-
Publicly accessible grievance mechanismYes2/2
-
Remediation of environmental or social harmsNo0/4
-
-
-
Soy10/90
-
Policy Strength2/28
-
Commodity-specific deforestation financing policy0/8.8
-
Commitment detailsNo commitment0/8
-
Policy applies to all operations and financingNo0/0.2
-
Policy applies to all dealsNo0/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainNone0/0.2
-
-
Clients/holdings must be legally operated1.6/2.8
-
Commitment detailsClients/holdings own operations - Required1/2
-
Policy applies to all operations and financingAll financing0.2/0.2
-
Policy applies to all dealsAll financing0.2/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.2/0.2
-
-
Clients/holdings must monitor operations0/3.8
-
Commitment detailsNo commitment0/3
-
Policy applies to all operations and financingNo0/0.2
-
Policy applies to all dealsNo0/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainNone0/0.2
-
-
Clients/holdings must conduct risk assessments0/3.8
-
Commitment detailsNo commitment0/3
-
Policy applies to all operations and financingNo0/0.2
-
Policy applies to all dealsNo0/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainNone0/0.2
-
-
Clients/holdings must specify a cut-off date0/3.8
-
Commitment detailsNo commitment0/3
-
Policy applies to all operations and financingNo0/0.2
-
Policy applies to all dealsNo0/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainNone0/0.2
-
-
Target date for policy implementation0/3.8
-
Commitment detailsNo commitment0/3
-
Policy applies to all operations and financingNo0/0.2
-
Policy applies to all dealsNo0/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainNone0/0.2
-
-
-
Associated Human Rights Abuses6/27
-
Clients/holdings must test Free, Prior and Informed Consent3.8/3.8
-
Commitment detailsRequired3/3
-
Policy applies to all operations and financingAll financing0.2/0.2
-
Policy applies to all dealsAll financing0.2/0.2
-
Policy applies to all clients/holdingsAll financing0.2/0.2
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.2/0.2
-
-
Clients/holdings must have a grievance mechanism0/3.8
-
Commitment detailsNo commitment0/3
-
Policy applies to all operations and financingNo0/0.2
-
Policy applies to all dealsNo0/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainNone0/0.2
-
-
Clients/holdings must respect labour rights2.3/3.8
-
Commitment detailsClients/holdings own operations - Required1.5/3
-
Policy applies to all operations and financingAll financing0.2/0.2
-
Policy applies to all dealsAll financing0.2/0.2
-
Policy applies to all clients/holdingsAll financing0.2/0.2
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.2/0.2
-
-
Clients/holdings must address gender equality issues0/3.8
-
Commitment detailsNo commitment0/3
-
Policy applies to all operations and financingNo0/0.2
-
Policy applies to all dealsNo0/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainNone0/0.2
-
-
Clients/holdings must encourage the inclusion of small-scale farmers0/3.8
-
Commitment detailsNo commitment0/3
-
Policy applies to all operations and financingNo0/0.2
-
Policy applies to all dealsNo0/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainNone0/0.2
-
-
Clients/holdings must respect customary rights to land, resources, and territory0/3.8
-
Commitment detailsNo commitment0/3
-
Policy applies to all operations and financingNo0/0.2
-
Policy applies to all dealsNo0/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainNone0/0.2
-
-
Zero tolerance approach to violence and threats0/3.8
-
Commitment detailsNo commitment0/3
-
Policy applies to all operations and financingNo0/0.2
-
Policy applies to all dealsNo0/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainNone0/0.2
-
-
-
Implementation and Reporting2/35
-
Assess client/holding exposure prior to onboardingNo0/5
-
Require disclosure of projects/locationsNo reporting0/4
-
Policy is reviewed and updatedNo0/2
-
Monitoring and non-compliance processNo0/5
-
Engagement with non-compliant companies0/0
-
Engagement with non-compliant clients/holdingsNo0/5
-
Reporting on implementation of the policyNo0/6
-
Green financing product with deforestation/conversion requirementsNo0/2
-
Publicly accessible grievance mechanismYes2/2
-
Remediation of environmental or social harmsNo0/4
-
-
-
Timber, Pulp & Paper38/90
-
Policy Strength18/28
-
Commodity-specific deforestation financing policy6.7/8.8
-
Commitment detailsZero-gross deforestation6/8
-
Policy applies to all operations and financingAll financing0.2/0.2
-
Policy applies to all dealsAll financing0.2/0.2
-
Policy applies to all clients/holdingsAll financing0.2/0.2
-
Policy applies to all stages of the supply chainProducers; Processors0.1/0.2
-
-
Clients/holdings must be legally operated1.6/2.8
-
Commitment detailsClients/holdings own operations - Required1/2
-
Policy applies to all operations and financingAll financing0.2/0.2
-
Policy applies to all dealsAll financing0.2/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.2/0.2
-
-
Clients/holdings must monitor operations2.2/3.8
-
Commitment detailsYes, a mechanism to monitor compliance - Require1.5/3
-
Policy applies to all operations and financingAll financing0.2/0.2
-
Policy applies to all dealsAll financing0.2/0.2
-
Policy applies to all clients/holdingsAll financing0.2/0.2
-
Policy applies to all stages of the supply chainProducers; Processors0.1/0.2
-
-
Clients/holdings must conduct risk assessments3.7/3.8
-
Commitment detailsRequired3/3
-
Policy applies to all operations and financingAll financing0.2/0.2
-
Policy applies to all dealsAll financing0.2/0.2
-
Policy applies to all clients/holdingsAll financing0.2/0.2
-
Policy applies to all stages of the supply chainProducers; Processors0.1/0.2
-
-
Clients/holdings must specify a cut-off date0/3.8
-
Commitment detailsNo commitment0/3
-
Policy applies to all operations and financingNo0/0.2
-
Policy applies to all dealsNo0/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainNone0/0.2
-
-
Target date for policy implementation3.7/3.8
-
Commitment detailsRequired3/3
-
Policy applies to all operations and financingAll financing0.2/0.2
-
Policy applies to all dealsAll financing0.2/0.2
-
Policy applies to all clients/holdingsAll financing0.2/0.2
-
Policy applies to all stages of the supply chainProducers; Processors0.1/0.2
-
-
-
Associated Human Rights Abuses6/27
-
Clients/holdings must test Free, Prior and Informed Consent3.8/3.8
-
Commitment detailsRequired3/3
-
Policy applies to all operations and financingAll financing0.2/0.2
-
Policy applies to all dealsAll financing0.2/0.2
-
Policy applies to all clients/holdingsAll financing0.2/0.2
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.2/0.2
-
-
Clients/holdings must have a grievance mechanism0/3.8
-
Commitment detailsNo commitment0/3
-
Policy applies to all operations and financingNo0/0.2
-
Policy applies to all dealsNo0/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainNone0/0.2
-
-
Clients/holdings must respect labour rights2.3/3.8
-
Commitment detailsClients/holdings own operations - Required1.5/3
-
Policy applies to all operations and financingAll financing0.2/0.2
-
Policy applies to all dealsAll financing0.2/0.2
-
Policy applies to all clients/holdingsAll financing0.2/0.2
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.2/0.2
-
-
Clients/holdings must address gender equality issues0/3.8
-
Commitment detailsNo commitment0/3
-
Policy applies to all operations and financingNo0/0.2
-
Policy applies to all dealsNo0/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainNone0/0.2
-
-
Clients/holdings must encourage the inclusion of small-scale farmers0/3.8
-
Commitment detailsNo commitment0/3
-
Policy applies to all operations and financingNo0/0.2
-
Policy applies to all dealsNo0/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainNone0/0.2
-
-
Clients/holdings must respect customary rights to land, resources, and territory0/3.8
-
Commitment detailsNo commitment0/3
-
Policy applies to all operations and financingNo0/0.2
-
Policy applies to all dealsNo0/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainNone0/0.2
-
-
Zero tolerance approach to violence and threats0/3.8
-
Commitment detailsNo commitment0/3
-
Policy applies to all operations and financingNo0/0.2
-
Policy applies to all dealsNo0/0.2
-
Policy applies to all clients/holdingsNo0/0.2
-
Policy applies to all stages of the supply chainNone0/0.2
-
-
-
Implementation and Reporting13/35
-
Assess client/holding exposure prior to onboardingYes, for deforestation/conversion risk2.5/5
-
Require disclosure of projects/locationsNo reporting0/4
-
Policy is reviewed and updatedTimeline for review unclear or review conducted less frequently than annually1/2
-
Monitoring and non-compliance processScreening and monitoring process5/5
-
Engagement with non-compliant clients/holdingsEngage with non-compliant companies, without a time-bound threat of redirection of finance2.5/5
-
Engagement with non-compliant companies0/0
-
Reporting on implementation of the policyNo0/6
-
Green financing product with deforestation/conversion requirementsNo0/2
-
Publicly accessible grievance mechanismYes2/2
-
Remediation of environmental or social harmsNo0/4
-
-
-
-
Commitment strength9/28
-
Implementation and Reporting8/35
-
Associated Human Rights Abuses5/27
Profile
Citigroup are a global banking group headquartered in the US serving private, corporate, government and institutional clients. Their services include corporate finance, capital markets, securities, wealth management and retail banking services. As of 2021, Citigroup's total assets amount to more than 2 trillion USD. Citigroup are among the top lenders to Forest 500 companies, with loans across a broad range of forest risk sectors. In the 2022 selection, Citigroup was providing 131 billion USD to the Forest 500 companies.
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.