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  • Overall approach
    4/16
    • Overarching commitment on deforestation
      4/16
      Deforestation commitment
      Understanding of the risks
      4/16
      "Alongside their economic importance, forests have a high ecological importance (in particular for climate change mitigation and biodiversity conservation) and social importance (livelihoods of indigenous people, sacred sites). In a context of increasing pressure on forest resources, it appears crucial that timber harvesting and palm oil production are managed in a responsible manner in order to minimize deforestation and loss of biodiversity and to respect the rights of affected populations". 
  • Commodity score
    17/64
    • Beef & Leather
      0/64
      • Commitment Strength
        0/42
        • Commodity-specific financing policy
          0/9.6
          • Commitment details
            No
            0/8
            Commitment details
            No
            0/8
            Type of policy: No policy
          • 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
            No
            0/0.4
        • Companies must be legally operated
          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
            0
            0/0.4
        • Companies must protect priority forests or globally important landscapes
          0/9.6
          • Commitment details
            No
            0/8
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Assurance mechanism to ensure compliance
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            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
            No
            0/0.4
        • Commitments must be timebound
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
      • Social Considerations
        0/22
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
            Commitment details
            No
            0/4
            Type of policy: ILO
            Crédit Agricole state that every transaction linked to the forestry and palm oil sectors will be analyzed against to criteria including "labour rights and working conditions including compliance with International Labour Organization (ILO) core conventions."
          • 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
            No
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
    • Palm oil
      33/64
      • Commitment Strength
        31/42
        • Commodity-specific financing policy
          9.4/9.6
          • Commitment details
            Yes
            8/8
            Commitment details
            Yes
            8/8
            Type of policy: Reduce deforestation
            "In particular, the Bank will consider whether the assets of the clients are certified (FSC, national certification endorsed by PEFC, RSPO as the case may be). If the client has not committed to a plan targeting the certification of most of its assets within a reasonable period of time, the Bank will expect them to demonstrate implementing an impact assessment and management system of equivalent stringency and covering all the criteria listed above. In particular, the client shall have developed a no deforestation policy (commitment not to develop its business to the detriment of primary forests or High Conservation Value forests)". 
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "In particular, the Bank will consider whether the assets of the clients are certified (FSC, national certification endorsed by PEFC, RSPO as the case may be). If the client has not committed to a plan targeting the certification of most of its assets within a reasonable period of time, the Bank will expect them to demonstrate implementing an impact assessment and management system of equivalent stringency and covering all the criteria listed above. In particular, the client shall have developed a no deforestation policy (commitment not to develop its business to the detriment of primary forests or High Conservation Value forests)". 
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "In particular, the Bank will consider whether the assets of the clients are certified (FSC, national certification endorsed by PEFC, RSPO as the case may be). If the client has not committed to a plan targeting the certification of most of its assets within a reasonable period of time, the Bank will expect them to demonstrate implementing an impact assessment and management system of equivalent stringency and covering all the criteria listed above. In particular, the client shall have developed a no deforestation policy (commitment not to develop its business to the detriment of primary forests or High Conservation Value forests)". 
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "In particular, the Bank will consider whether the assets of the clients are certified (FSC, national certification endorsed by PEFC, RSPO as the case may be). If the client has not committed to a plan targeting the certification of most of its assets within a reasonable period of time, the Bank will expect them to demonstrate implementing an impact assessment and management system of equivalent stringency and covering all the criteria listed above. In particular, the client shall have developed a no deforestation policy (commitment not to develop its business to the detriment of primary forests or High Conservation Value forests)". 
          • 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
            "the Bank will consider whether the assets of the clients are certified (FSC, national certification endorsed by PEFC, RSPO as the case may be). If the client has not committed to a plan targeting the certification of most of its assets within a reasonable period of time, the Bank will expect them to demonstrate implementing an impact assessment and management system of equivalent stringency and covering all the criteria listed above. In particular, the client shall have developed a no deforestation policy (commitment not to develop its business to the detriment of primary forests or High Conservation Value forests)". 
        • Companies must be legally operated
          3.4/5.6
          • Commitment details
            Own operations - Require
            2/4
            Commitment details
            Own operations - Require
            2/4
            "The Bank will not participate in transactions linked to [the forestry & palm oil sector] if aware of the following characteristics[...]illegal operation". 
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "The Bank will not participate in transactions linked to [the forestry & palm oil sector] if aware of the following characteristics[...]illegal operation". 
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "The Bank will not participate in transactions linked to [the forestry & palm oil sector] if aware of the following characteristics[...]illegal operation". 
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "The Bank will not participate in transactions linked to [the forestry & palm oil sector] if aware of the following characteristics[...]illegal operation". 
          • 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
            "The Bank will not participate in transactions linked to [the forestry & palm oil sector] if aware of the following characteristics[...]illegal operation". 
        • Companies must protect priority forests or globally important landscapes
          7.4/9.6
          • Commitment details
            All high priority landscapes - Encourage
            6/8
            Commitment details
            All high priority landscapes - Encourage
            6/8
            Credit Agricole state that "involvements of the Bank in [the forestry & palm oil sector] will be analyzed accounting for identified stakes and taking particularly into account the works and standards issued by or resulting from the following conventions, initiatives or organizations[...]the Ramsar Convention on Wetlands[...] the sites inscribed as World Heritage Sites by the United Nations Educational, Scientific and Cultural Organizations (UNESCO)[and]the International Union for Conservation of Nature (IUCN)". "The Bank will analyze every transaction linked to the Forestry and Palm Oil sector according to the following criteria[...]consideration of the ecological value of lands (in particular with respect to biodiversity, to conservation of endangered species and to carbon storage)[...and]conversion of important natural habitats". 
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            Credit Agricole state that "involvements of the Bank in [the forestry & palm oil sector] will be analyzed accounting for identified stakes and taking particularly into account the works and standards issued by or resulting from the following conventions, initiatives or organizations[...]the Ramsar Convention on Wetlands[...] the sites inscribed as World Heritage Sites by the United Nations Educational, Scientific and Cultural Organizations (UNESCO)[and]the International Union for Conservation of Nature (IUCN)". "The Bank will analyze every transaction linked to the Forestry and Palm Oil sector according to the following criteria[...]consideration of the ecological value of lands (in particular with respect to biodiversity, to conservation of endangered species and to carbon storage)[...and]conversion of important natural habitats". 
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            Credit Agricole state that "involvements of the Bank in [the forestry & palm oil sector] will be analyzed accounting for identified stakes and taking particularly into account the works and standards issued by or resulting from the following conventions, initiatives or organizations[...]the Ramsar Convention on Wetlands[...] the sites inscribed as World Heritage Sites by the United Nations Educational, Scientific and Cultural Organizations (UNESCO)[and]the International Union for Conservation of Nature (IUCN)". "The Bank will analyze every transaction linked to the Forestry and Palm Oil sector according to the following criteria[...]consideration of the ecological value of lands (in particular with respect to biodiversity, to conservation of endangered species and to carbon storage)[...and]conversion of important natural habitats". 
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            Credit Agricole state that "involvements of the Bank in [the forestry & palm oil sector] will be analyzed accounting for identified stakes and taking particularly into account the works and standards issued by or resulting from the following conventions, initiatives or organizations[...]the Ramsar Convention on Wetlands[...] the sites inscribed as World Heritage Sites by the United Nations Educational, Scientific and Cultural Organizations (UNESCO)[and]the International Union for Conservation of Nature (IUCN)". "The Bank will analyze every transaction linked to the Forestry and Palm Oil sector according to the following criteria[...]consideration of the ecological value of lands (in particular with respect to biodiversity, to conservation of endangered species and to carbon storage)[...and]conversion of important natural habitats". 
          • 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
            Credit Agricole state that "involvements of the Bank in [the forestry & palm oil sector] will be analyzed accounting for identified stakes and taking particularly into account the works and standards issued by or resulting from the following conventions, initiatives or organizations[...]the Ramsar Convention on Wetlands[...] the sites inscribed as World Heritage Sites by the United Nations Educational, Scientific and Cultural Organizations (UNESCO)[and]the International Union for Conservation of Nature (IUCN)". "The Bank will analyze every transaction linked to the Forestry and Palm Oil sector according to the following criteria[...]consideration of the ecological value of lands (in particular with respect to biodiversity, to conservation of endangered species and to carbon storage)[...and]conversion of important natural habitats". 
        • Assurance mechanism to ensure compliance
          5.4/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Verification method: Certification Scheme
            Certification scheme (if applicable): RSPO
            "The Bank will analyze every transaction linked to the Forestry and Palm Oil sector according to the following criteria[...]quality of the environmental and social impacts assessment[...]consideration of the ecological value of lands (in particular with respect to biodiversity, to conservation of endangered species and to carbon storage) and potential impacts[...] RSPO for palm oil will be regarded as a satisfactory evidence that the above criteria have been considered". 
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "The Bank will analyze every transaction linked to the Forestry and Palm Oil sector according to the following criteria[...]quality of the environmental and social impacts assessment[...]consideration of the ecological value of lands (in particular with respect to biodiversity, to conservation of endangered species and to carbon storage) and potential impacts[...] RSPO for palm oil will be regarded as a satisfactory evidence that the above criteria have been considered". 
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "The Bank will analyze every transaction linked to the Forestry and Palm Oil sector according to the following criteria[...]quality of the environmental and social impacts assessment[...]consideration of the ecological value of lands (in particular with respect to biodiversity, to conservation of endangered species and to carbon storage) and potential impacts[...] RSPO for palm oil will be regarded as a satisfactory evidence that the above criteria have been considered". 
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "The Bank will analyze every transaction linked to the Forestry and Palm Oil sector according to the following criteria[...]quality of the environmental and social impacts assessment[...]consideration of the ecological value of lands (in particular with respect to biodiversity, to conservation of endangered species and to carbon storage) and potential impacts[...] RSPO for palm oil will be regarded as a satisfactory evidence that the above criteria have been considered". 
          • 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
            "The Bank will analyze every transaction linked to the Forestry and Palm Oil sector according to the following criteria[...]quality of the environmental and social impacts assessment[...]consideration of the ecological value of lands (in particular with respect to biodiversity, to conservation of endangered species and to carbon storage) and potential impacts[...] RSPO for palm oil will be regarded as a satisfactory evidence that the above criteria have been considered". 
        • 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
            No
            0/0.4
        • Commitments must be timebound
          5.4/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Type of policy: FI allows specific time from onboarding to become compliant
            "In particular, the Bank will consider whether the assets of the clients are certified (FSC, national certification endorsed by PEFC, RSPO as the case may be). If the client has not committed to a plan targeting the certification of most of its assets within a reasonable period of time, the Bank will expect them to demonstrate implementing an impact assessment and management system of equivalent stringency and covering all the criteria listed above. In particular, the client shall have developed a no deforestation policy (commitment not to develop its business to the detriment of primary forests or High Conservation Value forests)". 
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "In particular, the Bank will consider whether the assets of the clients are certified (FSC, national certification endorsed by PEFC, RSPO as the case may be). If the client has not committed to a plan targeting the certification of most of its assets within a reasonable period of time, the Bank will expect them to demonstrate implementing an impact assessment and management system of equivalent stringency and covering all the criteria listed above. In particular, the client shall have developed a no deforestation policy (commitment not to develop its business to the detriment of primary forests or High Conservation Value forests)". 
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "In particular, the Bank will consider whether the assets of the clients are certified (FSC, national certification endorsed by PEFC, RSPO as the case may be). If the client has not committed to a plan targeting the certification of most of its assets within a reasonable period of time, the Bank will expect them to demonstrate implementing an impact assessment and management system of equivalent stringency and covering all the criteria listed above. In particular, the client shall have developed a no deforestation policy (commitment not to develop its business to the detriment of primary forests or High Conservation Value forests)". 
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "In particular, the Bank will consider whether the assets of the clients are certified (FSC, national certification endorsed by PEFC, RSPO as the case may be). If the client has not committed to a plan targeting the certification of most of its assets within a reasonable period of time, the Bank will expect them to demonstrate implementing an impact assessment and management system of equivalent stringency and covering all the criteria listed above. In particular, the client shall have developed a no deforestation policy (commitment not to develop its business to the detriment of primary forests or High Conservation Value forests)". 
          • 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 particular, the Bank will consider whether the assets of the clients are certified (FSC, national certification endorsed by PEFC, RSPO as the case may be). If the client has not committed to a plan targeting the certification of most of its assets within a reasonable period of time, the Bank will expect them to demonstrate implementing an impact assessment and management system of equivalent stringency and covering all the criteria listed above. In particular, the client shall have developed a no deforestation policy (commitment not to develop its business to the detriment of primary forests or High Conservation Value forests)". 
      • Social Considerations
        2/22
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Company must respect labour rights
          2.3/5.6
          • Commitment details
            Own operations - Encourage
            1/4
            Commitment details
            Own operations - Encourage
            1/4
            Type of policy: ILO
            Crédit Agricole state that every transaction linked to the forestry and palm oil sectors will be analyzed against to criteria including "labour rights and working conditions including compliance with International Labour Organization (ILO) core conventions."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            Crédit Agricole state that every transaction linked to the forestry and palm oil sectors will be analyzed against to criteria including "labour rights and working conditions including compliance with International Labour Organization (ILO) core conventions."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            Crédit Agricole state that every transaction linked to the forestry and palm oil sectors will be analyzed against to criteria including "labour rights and working conditions including compliance with International Labour Organization (ILO) core conventions."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            Crédit Agricole state that every transaction linked to the forestry and palm oil sectors will be analyzed against to criteria including "labour rights and working conditions including compliance with International Labour Organization (ILO) core conventions."
          • Policy applies to all stages of the supply chain
            Producers
            0.1/0.4
            Policy applies to all stages of the supply chain
            Producers
            0.1/0.4
            Crédit Agricole state that every transaction linked to the forestry and palm oil sectors will be analyzed against to criteria including "labour rights and working conditions including compliance with International Labour Organization (ILO) core conventions."
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
    • Soy
      0/64
      • Commitment Strength
        0/42
        • Commodity-specific financing policy
          0/9.6
          • Commitment details
            No
            0/8
            Commitment details
            No
            0/8
            Type of policy: No policy
          • 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
            No
            0/0.4
        • Companies must be legally operated
          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
            No
            0/0.4
        • Companies must protect priority forests or globally important landscapes
          0/9.6
          • Commitment details
            No
            0/8
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Assurance mechanism to ensure compliance
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            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
            No
            0/0.4
        • Commitments must be timebound
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
      • Social Considerations
        0/22
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
            Commitment details
            No
            0/4
            Type of policy: ILO
            Crédit Agricole state that every transaction linked to the forestry and palm oil sectors will be analyzed against to criteria including "labour rights and working conditions including compliance with International Labour Organization (ILO) core conventions."
          • 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
            No
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
    • Timber, Pulp & Paper
      33/64
      • Commitment Strength
        31/42
        • Commodity-specific financing policy
          9.4/9.6
          • Commitment details
            Yes
            8/8
            Commitment details
            Yes
            8/8
            Type of policy: Reduce deforestation
            "In particular, the Bank will consider whether the assets of the clients are certified (FSC, national certification endorsed by PEFC, RSPO as the case may be). If the client has not committed to a plan targeting the certification of most of its assets within a reasonable period of time, the Bank will expect them to demonstrate implementing an impact assessment and management system of equivalent stringency and covering all the criteria listed above. In particular, the client shall have developed a no deforestation policy (commitment not to develop its business to the detriment of primary forests or High Conservation Value forests)". 
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "In particular, the Bank will consider whether the assets of the clients are certified (FSC, national certification endorsed by PEFC, RSPO as the case may be). If the client has not committed to a plan targeting the certification of most of its assets within a reasonable period of time, the Bank will expect them to demonstrate implementing an impact assessment and management system of equivalent stringency and covering all the criteria listed above. In particular, the client shall have developed a no deforestation policy (commitment not to develop its business to the detriment of primary forests or High Conservation Value forests)". 
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "In particular, the Bank will consider whether the assets of the clients are certified (FSC, national certification endorsed by PEFC, RSPO as the case may be). If the client has not committed to a plan targeting the certification of most of its assets within a reasonable period of time, the Bank will expect them to demonstrate implementing an impact assessment and management system of equivalent stringency and covering all the criteria listed above. In particular, the client shall have developed a no deforestation policy (commitment not to develop its business to the detriment of primary forests or High Conservation Value forests)". 
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "In particular, the Bank will consider whether the assets of the clients are certified (FSC, national certification endorsed by PEFC, RSPO as the case may be). If the client has not committed to a plan targeting the certification of most of its assets within a reasonable period of time, the Bank will expect them to demonstrate implementing an impact assessment and management system of equivalent stringency and covering all the criteria listed above. In particular, the client shall have developed a no deforestation policy (commitment not to develop its business to the detriment of primary forests or High Conservation Value forests)". 
          • 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 particular, the Bank will consider whether the assets of the clients are certified (FSC, national certification endorsed by PEFC, RSPO as the case may be). If the client has not committed to a plan targeting the certification of most of its assets within a reasonable period of time, the Bank will expect them to demonstrate implementing an impact assessment and management system of equivalent stringency and covering all the criteria listed above. In particular, the client shall have developed a no deforestation policy (commitment not to develop its business to the detriment of primary forests or High Conservation Value forests)". 
        • Companies must be legally operated
          3.4/5.6
          • Commitment details
            Own operations - Require
            2/4
            Commitment details
            Own operations - Require
            2/4
            "The Bank will not participate in transactions linked to [the forestry & palm oil sector] if aware of the following characteristics[...]illegal operation". 
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "The Bank will not participate in transactions linked to [the forestry & palm oil sector] if aware of the following characteristics[...]illegal operation". 
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "The Bank will not participate in transactions linked to [the forestry & palm oil sector] if aware of the following characteristics[...]illegal operation". 
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "The Bank will not participate in transactions linked to [the forestry & palm oil sector] if aware of the following characteristics[...]illegal operation". 
          • 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
            "The Bank will not participate in transactions linked to [the forestry & palm oil sector] if aware of the following characteristics[...]illegal operation". 
        • Companies must protect priority forests or globally important landscapes
          7.4/9.6
          • Commitment details
            All high priority landscapes - Encourage
            6/8
            Commitment details
            All high priority landscapes - Encourage
            6/8
            Credit Agricole state that "involvements of the Bank in [the forestry & palm oil sector] will be analyzed accounting for identified stakes and taking particularly into account the works and standards issued by or resulting from the following conventions, initiatives or organizations[...]the Ramsar Convention on Wetlands[...] the sites inscribed as World Heritage Sites by the United Nations Educational, Scientific and Cultural Organizations (UNESCO)[and]the International Union for Conservation of Nature (IUCN)". "The Bank will analyze every transaction linked to the Forestry and Palm Oil sector according to the following criteria[...]consideration of the ecological value of lands (in particular with respect to biodiversity, to conservation of endangered species and to carbon storage)[...and]conversion of important natural habitats". 
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            Credit Agricole state that "involvements of the Bank in [the forestry & palm oil sector] will be analyzed accounting for identified stakes and taking particularly into account the works and standards issued by or resulting from the following conventions, initiatives or organizations[...]the Ramsar Convention on Wetlands[...] the sites inscribed as World Heritage Sites by the United Nations Educational, Scientific and Cultural Organizations (UNESCO)[and]the International Union for Conservation of Nature (IUCN)". "The Bank will analyze every transaction linked to the Forestry and Palm Oil sector according to the following criteria[...]consideration of the ecological value of lands (in particular with respect to biodiversity, to conservation of endangered species and to carbon storage)[...and]conversion of important natural habitats". 
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            Credit Agricole state that "involvements of the Bank in [the forestry & palm oil sector] will be analyzed accounting for identified stakes and taking particularly into account the works and standards issued by or resulting from the following conventions, initiatives or organizations[...]the Ramsar Convention on Wetlands[...] the sites inscribed as World Heritage Sites by the United Nations Educational, Scientific and Cultural Organizations (UNESCO)[and]the International Union for Conservation of Nature (IUCN)". "The Bank will analyze every transaction linked to the Forestry and Palm Oil sector according to the following criteria[...]consideration of the ecological value of lands (in particular with respect to biodiversity, to conservation of endangered species and to carbon storage)[...and]conversion of important natural habitats". 
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            Credit Agricole state that "involvements of the Bank in [the forestry & palm oil sector] will be analyzed accounting for identified stakes and taking particularly into account the works and standards issued by or resulting from the following conventions, initiatives or organizations[...]the Ramsar Convention on Wetlands[...] the sites inscribed as World Heritage Sites by the United Nations Educational, Scientific and Cultural Organizations (UNESCO)[and]the International Union for Conservation of Nature (IUCN)". "The Bank will analyze every transaction linked to the Forestry and Palm Oil sector according to the following criteria[...]consideration of the ecological value of lands (in particular with respect to biodiversity, to conservation of endangered species and to carbon storage)[...and]conversion of important natural habitats". 
          • 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
            Credit Agricole state that "involvements of the Bank in [the forestry & palm oil sector] will be analyzed accounting for identified stakes and taking particularly into account the works and standards issued by or resulting from the following conventions, initiatives or organizations[...]the Ramsar Convention on Wetlands[...] the sites inscribed as World Heritage Sites by the United Nations Educational, Scientific and Cultural Organizations (UNESCO)[and]the International Union for Conservation of Nature (IUCN)". "The Bank will analyze every transaction linked to the Forestry and Palm Oil sector according to the following criteria[...]consideration of the ecological value of lands (in particular with respect to biodiversity, to conservation of endangered species and to carbon storage)[...and]conversion of important natural habitats". 
        • Assurance mechanism to ensure compliance
          5.4/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Verification method: Certification Scheme
            Certification scheme (if applicable): FSC
            "The Bank will analyze every transaction linked to the Forestry and Palm Oil sector according to the following criteria[...]quality of the environmental and social impacts assessment[...]consideration of the ecological value of lands (in particular with respect to biodiversity, to conservation of endangered species and to carbon storage) and potential impacts[...]  FSC or PEFC for a forestry operation[...]will be regarded as a satisfactory evidence that the above criteria have been considered". 
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "The Bank will analyze every transaction linked to the Forestry and Palm Oil sector according to the following criteria[...]quality of the environmental and social impacts assessment[...]consideration of the ecological value of lands (in particular with respect to biodiversity, to conservation of endangered species and to carbon storage) and potential impacts[...]  FSC or PEFC for a forestry operation[...]will be regarded as a satisfactory evidence that the above criteria have been considered". 
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "The Bank will analyze every transaction linked to the Forestry and Palm Oil sector according to the following criteria[...]quality of the environmental and social impacts assessment[...]consideration of the ecological value of lands (in particular with respect to biodiversity, to conservation of endangered species and to carbon storage) and potential impacts[...]  FSC or PEFC for a forestry operation[...]will be regarded as a satisfactory evidence that the above criteria have been considered". 
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "The Bank will analyze every transaction linked to the Forestry and Palm Oil sector according to the following criteria[...]quality of the environmental and social impacts assessment[...]consideration of the ecological value of lands (in particular with respect to biodiversity, to conservation of endangered species and to carbon storage) and potential impacts[...]  FSC or PEFC for a forestry operation[...]will be regarded as a satisfactory evidence that the above criteria have been considered". 
          • 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
            "The Bank will analyze every transaction linked to the Forestry and Palm Oil sector according to the following criteria[...]quality of the environmental and social impacts assessment[...]consideration of the ecological value of lands (in particular with respect to biodiversity, to conservation of endangered species and to carbon storage) and potential impacts[...]  FSC or PEFC for a forestry operation[...]will be regarded as a satisfactory evidence that the above criteria have been considered". 
        • 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
            No
            0/0.4
        • Commitments must be timebound
          5.4/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Type of policy: FI allows specific time from onboarding to become compliant
            "In particular, the Bank will consider whether the assets of the clients are certified (FSC, national certification endorsed by PEFC, RSPO as the case may be). If the client has not committed to a plan targeting the certification of most of its assets within a reasonable period of time, the Bank will expect them to demonstrate implementing an impact assessment and management system of equivalent stringency and covering all the criteria listed above. In particular, the client shall have developed a no deforestation policy (commitment not to develop its business to the detriment of primary forests or High Conservation Value forests)". 
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "In particular, the Bank will consider whether the assets of the clients are certified (FSC, national certification endorsed by PEFC, RSPO as the case may be). If the client has not committed to a plan targeting the certification of most of its assets within a reasonable period of time, the Bank will expect them to demonstrate implementing an impact assessment and management system of equivalent stringency and covering all the criteria listed above. In particular, the client shall have developed a no deforestation policy (commitment not to develop its business to the detriment of primary forests or High Conservation Value forests)". 
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "In particular, the Bank will consider whether the assets of the clients are certified (FSC, national certification endorsed by PEFC, RSPO as the case may be). If the client has not committed to a plan targeting the certification of most of its assets within a reasonable period of time, the Bank will expect them to demonstrate implementing an impact assessment and management system of equivalent stringency and covering all the criteria listed above. In particular, the client shall have developed a no deforestation policy (commitment not to develop its business to the detriment of primary forests or High Conservation Value forests)". 
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "In particular, the Bank will consider whether the assets of the clients are certified (FSC, national certification endorsed by PEFC, RSPO as the case may be). If the client has not committed to a plan targeting the certification of most of its assets within a reasonable period of time, the Bank will expect them to demonstrate implementing an impact assessment and management system of equivalent stringency and covering all the criteria listed above. In particular, the client shall have developed a no deforestation policy (commitment not to develop its business to the detriment of primary forests or High Conservation Value forests)". 
          • 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 particular, the Bank will consider whether the assets of the clients are certified (FSC, national certification endorsed by PEFC, RSPO as the case may be). If the client has not committed to a plan targeting the certification of most of its assets within a reasonable period of time, the Bank will expect them to demonstrate implementing an impact assessment and management system of equivalent stringency and covering all the criteria listed above. In particular, the client shall have developed a no deforestation policy (commitment not to develop its business to the detriment of primary forests or High Conservation Value forests)". 
      • Social Considerations
        2/22
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Company must respect labour rights
          2.3/5.6
          • Commitment details
            Own operations - Encourage
            1/4
            Commitment details
            Own operations - Encourage
            1/4
            Type of policy: ILO
            Crédit Agricole state that every transaction linked to the forestry and palm oil sectors will be analyzed against to criteria including "labour rights and working conditions including compliance with International Labour Organization (ILO) core conventions."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            Crédit Agricole state that every transaction linked to the forestry and palm oil sectors will be analyzed against to criteria including "labour rights and working conditions including compliance with International Labour Organization (ILO) core conventions."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            Crédit Agricole state that every transaction linked to the forestry and palm oil sectors will be analyzed against to criteria including "labour rights and working conditions including compliance with International Labour Organization (ILO) core conventions."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            Crédit Agricole state that every transaction linked to the forestry and palm oil sectors will be analyzed against to criteria including "labour rights and working conditions including compliance with International Labour Organization (ILO) core conventions."
          • Policy applies to all stages of the supply chain
            Producers
            0.1/0.4
            Policy applies to all stages of the supply chain
            Producers
            0.1/0.4
            Crédit Agricole state that every transaction linked to the forestry and palm oil sectors will be analyzed against to criteria including "labour rights and working conditions including compliance with International Labour Organization (ILO) core conventions."
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
  • Reporting & Implementation
    8/20
    • Policy is reviewed and updated
      3/5
      Policy review
      Commit to update policy - Timeline unclear
      3/5
      Credit Agricole have stated with regards to their Forestry & Palm Oil policy that this "will be reviewed from time to time". 
    • Companies must disclose subsidiaries in commodity supply chains
      0/5
    • Monitoring and non-compliance process
      5/5
      Monitoring compliance
      Yes - Timebound non-compliance statement
      5/5
      "Where the transaction is directly linked to the development, expansion, operation and/or the acquisition of an asset covered by the Policy, the project will be assessed against all the analysis criteria above and the Bank will seek to determine if an exclusion criterion exists[...]If an exclusion situation is identified or if the outcome of the general assessment is negative, the Bank will not participate in the transaction". 
    • Reporting on implementation of the policy
      0/5
  • Commitment strength
    15/42
    Avg. score
  • Social considerations
    1/22
    Avg. score

Profile

Crédit Agricole are a European banking group headquartered in France serving private and corporate clients. Their services include corporate finance, capital markets, investment banking, insurance, asset management, wealth management and retail banking services. As of 2017, the group’s total assets amount to more than 1.7 trillion EUR, with more than 790 billion EUR of loans and advances. Crédit Agricole are among the top 25 lenders to Forest 500 companies, with loans amounting to more than 20 billion USD across a broad range of forest risk sectors. They are also among the top 60 shareholders for Forest 500 companies, with more than 6 billion USD worth of shares.

HQ
HQ 
France
Financial institution type
Financial institution type 
Bank, Insurance Company

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.