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Select an assessment year:

  • Overall approach
    6/10
    • Overarching commitment on deforestation
      4/6
      Deforestation-free commitment
      4/6
      "Commit to action is a platform of the non-governmental organisations CDP and „We mean Business“ to coordinate various climate change initiatives. Commerzbank participates in three of them: [...] Commit to remove commodity-driven deforestation from all supply chains by 2020."
    • Deforestation as a business risk
      0/2
    • Target to reduce emissions in scope 1/2
      Yes
      0/0
      "The aim is to reduce the CO2 balance sheet of its entire lending and investment portfolio to net zero by 2050 at the latest. For its own banking operations, the Bank aims to reduce CO2 emissions to zero by 2040."
    • Company must have anti-corruption policy
      2/2
      Yes, both an anti-corruption policy and a policy on prohibiting abusive tax arrangements
      2/2
      "Under no circumstances is the following permitted: [...]  To use money of the Commerzbank Group for purposes that are not fully and properly documented. [...] To work with consultants or third parties who have not pledged to reject bribery and corruption."; "It is our legal obligation and part of our social responsibility to use our taxes to help finance public budgets. For this reason alone, we reject any form of tax evasion (regardless of the violation of the law), be it with our customers, with ourselves as a company or with our business partners. This includes that we do not tolerate incitement to / aiding and abetting tax evasion. It is illegal to use our products, services or any other service - whether internal or external - to support or encourage tax evasion by another person. Compliance with the applicable laws to combat tax evasion and other tax crimes in the markets and legal systems in which we operate is our top priority. We expect the same from our employees, customers and business partners. We also gear our behavior towards avoiding tax offenses. In addition, we do not support customers with “tax avoidance”, the result of which runs counter to the intention of the respective law. We also pay attention to this when it comes to product innovations. As a bank, we design these in a tax-compliant manner."; 
  • Commodity score
    18/90
    • Beef & Leather
      18/90
      • Commitment Strength
        8/31
        • Commodity-specific deforestation financing policy
          5.4/9.6
          • Commitment details
            Protects priority forests
            4/8
            Commitment details
            Protects priority forests
            4/8
            "In case of proposed business activities connected toagriculture or forestry, Commerzbank investigates: [...] protection of High Conservation Value Areas(HCVAs) and UNESCO World Heritage sites orsimilar protected areas (if applicable, with the involvement of local specialists or NGOs)"
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "In case of proposed business activities connected toagriculture or forestry, Commerzbank investigates: [...] protection of High Conservation Value Areas(HCVAs) and UNESCO World Heritage sites orsimilar protected areas (if applicable, with the involvement of local specialists or NGOs)"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates: [...] protection of High Conservation Value Areas(HCVAs) and UNESCO World Heritage sites orsimilar protected areas (if applicable, with the involvement of local specialists or NGOs)"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "In case of proposed business activities connected toagriculture or forestry, Commerzbank investigates: [...] protection of High Conservation Value Areas(HCVAs) and UNESCO World Heritage sites orsimilar protected areas (if applicable, with the involvement of local specialists or NGOs)"
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "In case of proposed business activities connected toagriculture or forestry, Commerzbank investigates: [...] protection of High Conservation Value Areas(HCVAs) and UNESCO World Heritage sites orsimilar protected areas (if applicable, with the involvement of local specialists or NGOs)"
        • Companies must be legally operated
          3.1/4.6
          • Commitment details
            Companies own operations - Required
            1.5/3
            Commitment details
            Companies own operations - Required
            1.5/3
            "The Bank's employees, and in particular the Compliance department, monitor compliance with all national and international laws and policies by the Bank and its business partners. [...] Commerzbank requires its business partners to comply with all applicable laws, embargoes, and regulations and performs any checks that it requires itself. [...] In case of proposed business activities connected toagriculture or forestry, Commerzbank investigates [...] illegal or uncontrolled burning of forests by companies."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "The Bank's employees, and in particular the Compliance department, monitor compliance with all national and international laws and policies by the Bank and its business partners. [...] Commerzbank requires its business partners to comply with all applicable laws, embargoes, and regulations and performs any checks that it requires itself. [...] In case of proposed business activities connected toagriculture or forestry, Commerzbank investigates [...] illegal or uncontrolled burning of forests by companies."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "The Bank's employees, and in particular the Compliance department, monitor compliance with all national and international laws and policies by the Bank and its business partners. [...] Commerzbank requires its business partners to comply with all applicable laws, embargoes, and regulations and performs any checks that it requires itself. [...] In case of proposed business activities connected toagriculture or forestry, Commerzbank investigates [...] illegal or uncontrolled burning of forests by companies."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "The Bank's employees, and in particular the Compliance department, monitor compliance with all national and international laws and policies by the Bank and its business partners. [...] Commerzbank requires its business partners to comply with all applicable laws, embargoes, and regulations and performs any checks that it requires itself. [...] In case of proposed business activities connected toagriculture or forestry, Commerzbank investigates [...] illegal or uncontrolled burning of forests by companies."
          • 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
            "The Bank's employees, and in particular the Compliance department, monitor compliance with all national and international laws and policies by the Bank and its business partners. [...] Commerzbank requires its business partners to comply with all applicable laws, embargoes, and regulations and performs any checks that it requires itself. [...] In case of proposed business activities connected toagriculture or forestry, Commerzbank investigates [...] illegal or uncontrolled burning of forests by companies."
        • Companies must monitor operations
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        4/27
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          2.6/5.6
          • Commitment details
            Companies own operations - Encouraged
            1/4
            Commitment details
            Companies own operations - Encouraged
            1/4
            Type of policy: ILO
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates...compliance with International Labour Organization (ILO) standards on working conditions."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates...compliance with International Labour Organization (ILO) standards on working conditions."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates...compliance with International Labour Organization (ILO) standards on working conditions."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates...compliance with International Labour Organization (ILO) standards on working conditions."
          • 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
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates...compliance with International Labour Organization (ILO) standards on working conditions."
        • Company must address gender equality issues
          2.1/5.6
          • Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates human rights compliance (especially the rights of local communities and indigenous peoples) and the adoption of measures aimed at combating discrimination against women"
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates human rights compliance (especially the rights of local communities and indigenous peoples) and the adoption of measures aimed at combating discrimination against women"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates human rights compliance (especially the rights of local communities and indigenous peoples) and the adoption of measures aimed at combating discrimination against women"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates human rights compliance (especially the rights of local communities and indigenous peoples) and the adoption of measures aimed at combating discrimination against women"
          • 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
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates human rights compliance (especially the rights of local communities and indigenous peoples) and the adoption of measures aimed at combating discrimination against women"
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        5/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          No
          0/2
        • Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          "The front office checks whether one of the sensitive areas defined by Commerzbank is involved. If that is the case, the product, transaction or business relationship in question must be Group Communications February 2020 | Page 3 presented to the Reputational Risk Management department. It conducts an intensive investigation of potential environmental and social risks that may be associated with potential or existing business partners or the business activity, drawing on information and reports from NGOs and analysts as well as media reports and company publications. This is followed by a comprehensive analysis that concludes with a differentiated assessment. Environmental and social risks are evaluated on a five-point scale (no, low, average, significant, high), potentially resulting in the product, transaction or business relationship being rejected outright. Whenever the department identifies a significant reputational risk in its assessment, the respective Member of the Divisional Board is informed. In cases of high reputational risks, the matter may be escalated to the Group Board of Managing Directors."
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
    • Palm oil
      18/90
      • Commitment Strength
        8/31
        • Commodity-specific deforestation financing policy
          5.4/9.6
          • Commitment details
            Protects priority forests
            4/8
            Commitment details
            Protects priority forests
            4/8
            "Palm oil: No transactions or business relationships with companies with dealings in palm oil that are not members of the Roundtable on Sustainable Palm Oil (RSPO)"; (Landscape protection) "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates: [...] protection of High Conservation Value Areas(HCVAs) and UNESCO World Heritage sites or similar protected areas (if applicable, with the involvement of local specialists or NGOs)"
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Palm oil: No transactions or business relationships with companies with dealings in palm oil that are not members of the Roundtable on Sustainable Palm Oil (RSPO)"; (Landscape protection) "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates: [...] protection of High Conservation Value Areas(HCVAs) and UNESCO World Heritage sites or similar protected areas (if applicable, with the involvement of local specialists or NGOs); illegal or uncontrolled burning of forests by companies."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Palm oil: No transactions or business relationships with companies with dealings in palm oil that are not members of the Roundtable on Sustainable Palm Oil (RSPO)"; (Landscape protection) "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates: [...] protection of High Conservation Value Areas(HCVAs) and UNESCO World Heritage sites or similar protected areas (if applicable, with the involvement of local specialists or NGOs); illegal or uncontrolled burning of forests by companies."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Palm oil: No transactions or business relationships with companies with dealings in palm oil that are not members of the Roundtable on Sustainable Palm Oil (RSPO)"; (Landscape protection) "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates: [...] protection of High Conservation Value Areas(HCVAs) and UNESCO World Heritage sites or similar protected areas (if applicable, with the involvement of local specialists or NGOs); illegal or uncontrolled burning of forests by companies."
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "Palm oil: No transactions or business relationships with companies with dealings in palm oil that are not members of the Roundtable on Sustainable Palm Oil (RSPO)"; (Landscape protection) "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates: [...] protection of High Conservation Value Areas(HCVAs) and UNESCO World Heritage sites or similar protected areas (if applicable, with the involvement of local specialists or NGOs); illegal or uncontrolled burning of forests by companies."
        • Companies must be legally operated
          3.1/4.6
          • Commitment details
            Companies own operations - Required
            1.5/3
            Commitment details
            Companies own operations - Required
            1.5/3
            "The Bank's employees, and in particular the Compliance department, monitor compliance with all national and international laws and policies by the Bank and its business partners. [...] Commerzbank requires its business partners to comply with all applicable laws, embargoes, and regulations and performs any checks that it requires itself. [...] In case of proposed business activities connected toagriculture or forestry, Commerzbank investigates [...] illegal or uncontrolled burning of forests by companies."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "The Bank's employees, and in particular the Compliance department, monitor compliance with all national and international laws and policies by the Bank and its business partners. [...] Commerzbank requires its business partners to comply with all applicable laws, embargoes, and regulations and performs any checks that it requires itself. [...] In case of proposed business activities connected toagriculture or forestry, Commerzbank investigates [...] illegal or uncontrolled burning of forests by companies."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "The Bank's employees, and in particular the Compliance department, monitor compliance with all national and international laws and policies by the Bank and its business partners. [...] Commerzbank requires its business partners to comply with all applicable laws, embargoes, and regulations and performs any checks that it requires itself. [...] In case of proposed business activities connected toagriculture or forestry, Commerzbank investigates [...] illegal or uncontrolled burning of forests by companies."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "The Bank's employees, and in particular the Compliance department, monitor compliance with all national and international laws and policies by the Bank and its business partners. [...] Commerzbank requires its business partners to comply with all applicable laws, embargoes, and regulations and performs any checks that it requires itself. [...] In case of proposed business activities connected toagriculture or forestry, Commerzbank investigates [...] illegal or uncontrolled burning of forests by companies."
          • 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
            "The Bank's employees, and in particular the Compliance department, monitor compliance with all national and international laws and policies by the Bank and its business partners. [...] Commerzbank requires its business partners to comply with all applicable laws, embargoes, and regulations and performs any checks that it requires itself. [...] In case of proposed business activities connected toagriculture or forestry, Commerzbank investigates [...] illegal or uncontrolled burning of forests by companies."
        • Companies must monitor operations
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        4/27
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          2.6/5.6
          • Commitment details
            Companies own operations - Encouraged
            1/4
            Commitment details
            Companies own operations - Encouraged
            1/4
            Type of policy: ILO
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates [...] compliance with International Labour Organization (ILO) standards on working conditions"
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates [...] compliance with International Labour Organization (ILO) standards on working conditions"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates [...] compliance with International Labour Organization (ILO) standards on working conditions"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates [...] compliance with International Labour Organization (ILO) standards on working conditions"
          • 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
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates [...] compliance with International Labour Organization (ILO) standards on working conditions"
        • Company must address gender equality issues
          2.1/5.6
          • Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates human rights compliance (especially the rights of local communities and indigenous peoples) and the adoption of measures aimed at combating discrimination against women"
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates human rights compliance (especially the rights of local communities and indigenous peoples) and the adoption of measures aimed at combating discrimination against women"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates human rights compliance (especially the rights of local communities and indigenous peoples) and the adoption of measures aimed at combating discrimination against women"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates human rights compliance (especially the rights of local communities and indigenous peoples) and the adoption of measures aimed at combating discrimination against women"
          • 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
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates human rights compliance (especially the rights of local communities and indigenous peoples) and the adoption of measures aimed at combating discrimination against women"
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        5/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          No
          0/2
        • Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          "The front office checks whether one of the sensitive areas defined by Commerzbank is involved. If that is the case, the product, transaction or business relationship in question must be Group Communications February 2020 | Page 3 presented to the Reputational Risk Management department. It conducts an intensive investigation of potential environmental and social risks that may be associated with potential or existing business partners or the business activity, drawing on information and reports from NGOs and analysts as well as media reports and company publications. This is followed by a comprehensive analysis that concludes with a differentiated assessment. Environmental and social risks are evaluated on a five-point scale (no, low, average, significant, high), potentially resulting in the product, transaction or business relationship being rejected outright. Whenever the department identifies a significant reputational risk in its assessment, the respective Member of the Divisional Board is informed. In cases of high reputational risks, the matter may be escalated to the Group Board of Managing Directors."
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
    • Soy
      18/90
      • Commitment Strength
        8/31
        • Commodity-specific deforestation financing policy
          5.4/9.6
          • Commitment details
            Protects priority forests
            4/8
            Commitment details
            Protects priority forests
            4/8
            (Landscape protection) "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates: [...] protection of High Conservation Value Areas(HCVAs) and UNESCO World Heritage sites or similar protected areas (if applicable, with the involvement of local specialists or NGOs)"
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            (Landscape protection) "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates: [...] protection of High Conservation Value Areas(HCVAs) and UNESCO World Heritage sites or similar protected areas (if applicable, with the involvement of local specialists or NGOs); illegal or uncontrolled burning of forests by companies."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            (Landscape protection) "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates: [...] protection of High Conservation Value Areas(HCVAs) and UNESCO World Heritage sites or similar protected areas (if applicable, with the involvement of local specialists or NGOs); illegal or uncontrolled burning of forests by companies."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            (Landscape protection) "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates: [...] protection of High Conservation Value Areas(HCVAs) and UNESCO World Heritage sites or similar protected areas (if applicable, with the involvement of local specialists or NGOs); illegal or uncontrolled burning of forests by companies."
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            (Landscape protection) "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates: [...] protection of High Conservation Value Areas(HCVAs) and UNESCO World Heritage sites or similar protected areas (if applicable, with the involvement of local specialists or NGOs); illegal or uncontrolled burning of forests by companies."
        • Companies must be legally operated
          3.1/4.6
          • Commitment details
            Companies own operations - Required
            1.5/3
            Commitment details
            Companies own operations - Required
            1.5/3
            "The Bank's employees, and in particular the Compliance department, monitor compliance with all national and international laws and policies by the Bank and its business partners. [...] Commerzbank requires its business partners to comply with all applicable laws, embargoes, and regulations and performs any checks that it requires itself. [...] In case of proposed business activities connected toagriculture or forestry, Commerzbank investigates [...] illegal or uncontrolled burning of forests by companies."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "The Bank's employees, and in particular the Compliance department, monitor compliance with all national and international laws and policies by the Bank and its business partners. [...] Commerzbank requires its business partners to comply with all applicable laws, embargoes, and regulations and performs any checks that it requires itself. [...] In case of proposed business activities connected toagriculture or forestry, Commerzbank investigates [...] illegal or uncontrolled burning of forests by companies."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "The Bank's employees, and in particular the Compliance department, monitor compliance with all national and international laws and policies by the Bank and its business partners. [...] Commerzbank requires its business partners to comply with all applicable laws, embargoes, and regulations and performs any checks that it requires itself. [...] In case of proposed business activities connected toagriculture or forestry, Commerzbank investigates [...] illegal or uncontrolled burning of forests by companies."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "The Bank's employees, and in particular the Compliance department, monitor compliance with all national and international laws and policies by the Bank and its business partners. [...] Commerzbank requires its business partners to comply with all applicable laws, embargoes, and regulations and performs any checks that it requires itself. [...] In case of proposed business activities connected toagriculture or forestry, Commerzbank investigates [...] illegal or uncontrolled burning of forests by companies."
          • 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
            "The Bank's employees, and in particular the Compliance department, monitor compliance with all national and international laws and policies by the Bank and its business partners. [...] Commerzbank requires its business partners to comply with all applicable laws, embargoes, and regulations and performs any checks that it requires itself. [...] In case of proposed business activities connected toagriculture or forestry, Commerzbank investigates [...] illegal or uncontrolled burning of forests by companies."
        • Companies must monitor operations
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        4/27
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          2.6/5.6
          • Commitment details
            Companies own operations - Encouraged
            1/4
            Commitment details
            Companies own operations - Encouraged
            1/4
            Type of policy: ILO
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates [...] compliance with International Labour Organization (ILO) standards on working conditions"
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates [...] compliance with International Labour Organization (ILO) standards on working conditions"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates [...] compliance with International Labour Organization (ILO) standards on working conditions"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates [...] compliance with International Labour Organization (ILO) standards on working conditions"
          • 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
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates [...] compliance with International Labour Organization (ILO) standards on working conditions"
        • Company must address gender equality issues
          2.1/5.6
          • Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates human rights compliance (especially the rights of local communities and indigenous peoples) and the adoption of measures aimed at combating discrimination against women"
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates human rights compliance (especially the rights of local communities and indigenous peoples) and the adoption of measures aimed at combating discrimination against women"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates human rights compliance (especially the rights of local communities and indigenous peoples) and the adoption of measures aimed at combating discrimination against women"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates human rights compliance (especially the rights of local communities and indigenous peoples) and the adoption of measures aimed at combating discrimination against women"
          • 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
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates human rights compliance (especially the rights of local communities and indigenous peoples) and the adoption of measures aimed at combating discrimination against women"
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        5/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          No
          0/2
        • Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          "The front office checks whether one of the sensitive areas defined by Commerzbank is involved. If that is the case, the product, transaction or business relationship in question must be Group Communications February 2020 | Page 3 presented to the Reputational Risk Management department. It conducts an intensive investigation of potential environmental and social risks that may be associated with potential or existing business partners or the business activity, drawing on information and reports from NGOs and analysts as well as media reports and company publications. This is followed by a comprehensive analysis that concludes with a differentiated assessment. Environmental and social risks are evaluated on a five-point scale (no, low, average, significant, high), potentially resulting in the product, transaction or business relationship being rejected outright. Whenever the department identifies a significant reputational risk in its assessment, the respective Member of the Divisional Board is informed. In cases of high reputational risks, the matter may be escalated to the Group Board of Managing Directors."
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
    • Timber, Pulp & Paper
      18/90
      • Commitment Strength
        8/31
        • Commodity-specific deforestation financing policy
          5.4/9.6
          • Commitment details
            Protects priority forests
            4/8
            Commitment details
            Protects priority forests
            4/8
            "In case of proposed business activities connected toagriculture or forestry, Commerzbank investigates: [...] protection of High Conservation Value Areas(HCVAs) and UNESCO World Heritage sites orsimilar protected areas (if applicable, with the involvement of local specialists or NGOs) [...] Regarding financial transactions and business relationships with companies operating in the wood industry as well as the pulp and paper industry, Commerzbank therefore takes into account [...] compliance with requirements in the wood industry, e.g. the Forest Stewardship Council (FSC) and the Programme for the Endorsement of Forest Certification Schemes (PEFC)"
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "In case of proposed business activities connected toagriculture or forestry, Commerzbank investigates: [...] protection of High Conservation Value Areas(HCVAs) and UNESCO World Heritage sites orsimilar protected areas (if applicable, with the involvement of local specialists or NGOs) [...] Regarding financial transactions and business relationships with companies operating in the wood industry as well as the pulp and paper industry, Commerzbank therefore takes into account [...] compliance with requirements in the wood industry, e.g. the Forest Stewardship Council (FSC) and the Programme for the Endorsement of Forest Certification Schemes (PEFC)"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "In case of proposed business activities connected toagriculture or forestry, Commerzbank investigates: [...] protection of High Conservation Value Areas(HCVAs) and UNESCO World Heritage sites orsimilar protected areas (if applicable, with the involvement of local specialists or NGOs) [...] Regarding financial transactions and business relationships with companies operating in the wood industry as well as the pulp and paper industry, Commerzbank therefore takes into account [...] compliance with requirements in the wood industry, e.g. the Forest Stewardship Council (FSC) and the Programme for the Endorsement of Forest Certification Schemes (PEFC)"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "In case of proposed business activities connected toagriculture or forestry, Commerzbank investigates: [...] protection of High Conservation Value Areas(HCVAs) and UNESCO World Heritage sites orsimilar protected areas (if applicable, with the involvement of local specialists or NGOs) [...] Regarding financial transactions and business relationships with companies operating in the wood industry as well as the pulp and paper industry, Commerzbank therefore takes into account [...] compliance with requirements in the wood industry, e.g. the Forest Stewardship Council (FSC) and the Programme for the Endorsement of Forest Certification Schemes (PEFC)"
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "In case of proposed business activities connected toagriculture or forestry, Commerzbank investigates: [...] protection of High Conservation Value Areas(HCVAs) and UNESCO World Heritage sites orsimilar protected areas (if applicable, with the involvement of local specialists or NGOs) [...] Regarding financial transactions and business relationships with companies operating in the wood industry as well as the pulp and paper industry, Commerzbank therefore takes into account [...] compliance with requirements in the wood industry, e.g. the Forest Stewardship Council (FSC) and the Programme for the Endorsement of Forest Certification Schemes (PEFC)"
        • Companies must be legally operated
          3.1/4.6
          • Commitment details
            Companies own operations - Required
            1.5/3
            Commitment details
            Companies own operations - Required
            1.5/3
            "The Bank's employees, and in particular the Compliance department, monitor compliance with all national and international laws and policies by the Bank and its business partners. [...] Commerzbank requires its business partners to comply with all applicable laws, embargoes, and regulations and performs any checks that it requires itself. [...] In case of proposed business activities connected toagriculture or forestry, Commerzbank investigates [...] illegal or uncontrolled burning of forests by companies."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "The Bank's employees, and in particular the Compliance department, monitor compliance with all national and international laws and policies by the Bank and its business partners. [...] Commerzbank requires its business partners to comply with all applicable laws, embargoes, and regulations and performs any checks that it requires itself. [...] In case of proposed business activities connected toagriculture or forestry, Commerzbank investigates [...] illegal or uncontrolled burning of forests by companies."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "The Bank's employees, and in particular the Compliance department, monitor compliance with all national and international laws and policies by the Bank and its business partners. [...] Commerzbank requires its business partners to comply with all applicable laws, embargoes, and regulations and performs any checks that it requires itself. [...] In case of proposed business activities connected toagriculture or forestry, Commerzbank investigates [...] illegal or uncontrolled burning of forests by companies."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "The Bank's employees, and in particular the Compliance department, monitor compliance with all national and international laws and policies by the Bank and its business partners. [...] Commerzbank requires its business partners to comply with all applicable laws, embargoes, and regulations and performs any checks that it requires itself. [...] In case of proposed business activities connected toagriculture or forestry, Commerzbank investigates [...] illegal or uncontrolled burning of forests by companies."
          • 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
            "The Bank's employees, and in particular the Compliance department, monitor compliance with all national and international laws and policies by the Bank and its business partners. [...] Commerzbank requires its business partners to comply with all applicable laws, embargoes, and regulations and performs any checks that it requires itself. [...] In case of proposed business activities connected toagriculture or forestry, Commerzbank investigates [...] illegal or uncontrolled burning of forests by companies."
        • Companies must monitor operations
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        4/27
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          2.6/5.6
          • Commitment details
            Companies own operations - Encouraged
            1/4
            Commitment details
            Companies own operations - Encouraged
            1/4
            Type of policy: ILO
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates...compliance with International Labour Organization (ILO) standards on working conditions."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates...compliance with International Labour Organization (ILO) standards on working conditions."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates...compliance with International Labour Organization (ILO) standards on working conditions."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates...compliance with International Labour Organization (ILO) standards on working conditions."
          • 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
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates...compliance with International Labour Organization (ILO) standards on working conditions."
        • Company must address gender equality issues
          2.1/5.6
          • Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates human rights compliance (especially the rights of local communities and indigenous peoples) and the adoption of measures aimed at combating discrimination against women"
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates human rights compliance (especially the rights of local communities and indigenous peoples) and the adoption of measures aimed at combating discrimination against women"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates human rights compliance (especially the rights of local communities and indigenous peoples) and the adoption of measures aimed at combating discrimination against women"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates human rights compliance (especially the rights of local communities and indigenous peoples) and the adoption of measures aimed at combating discrimination against women"
          • 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
            "In case of proposed business activities connected to agriculture or forestry, Commerzbank investigates human rights compliance (especially the rights of local communities and indigenous peoples) and the adoption of measures aimed at combating discrimination against women"
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        5/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          No
          0/2
        • Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          "The front office checks whether one of the sensitive areas defined by Commerzbank is involved. If that is the case, the product, transaction or business relationship in question must be Group Communications February 2020 | Page 3 presented to the Reputational Risk Management department. It conducts an intensive investigation of potential environmental and social risks that may be associated with potential or existing business partners or the business activity, drawing on information and reports from NGOs and analysts as well as media reports and company publications. This is followed by a comprehensive analysis that concludes with a differentiated assessment. Environmental and social risks are evaluated on a five-point scale (no, low, average, significant, high), potentially resulting in the product, transaction or business relationship being rejected outright. Whenever the department identifies a significant reputational risk in its assessment, the respective Member of the Divisional Board is informed. In cases of high reputational risks, the matter may be escalated to the Group Board of Managing Directors."
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
  • Commitment strength
    8/31
    Avg. score
  • Reporting and Implementation
    5/31
    Avg. score
  • Social considerations
    4/28
    Avg. score

Profile

Commerzbank are a German retail, commercial and investment banking group, offering services to private and corporate customers. Their services include wealth management, investment banking, insurance, pensions, corporate finance and retail banking services. As of 2017, Commerzbank has more than 480 billion EUR in total assets, including over 215 billion EUR in claims on customers. Commerzbank are among the top lenders to Forest 500 companies, with loans across a broad range of forest risk sectors.

HQ
HQ 
Germany
Financial institution type
Financial institution type 
Bank

How we assess the Forest 500

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

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

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.