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Select an assessment year:

  • Overall approach
    4/16
    • Overarching commitment on deforestation
      4/16
      Deforestation commitment
      Understanding of the risks
      4/16
      One of their new developments will improve "food traceability and sustainability data and thereby help to address problems such as deforestation in the region by promoting deforestation-free palm oil production, a key cause of carbon emissions in Asia-Pacific".
  • Commodity score
    20/64
    • Beef & Leather
      8/64
      • Commitment Strength
        3/42
        • 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
          2.6/5.6
          • Commitment details
            Own operations - Encourage
            1/4
            Commitment details
            Own operations - Encourage
            1/4
            "We will not knowingly finance activities or projects which we know to be in deliberate violation of local or national laws".
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "We will not knowingly finance activities or projects which we know to be in deliberate violation of local or national laws".
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "We will not knowingly finance activities or projects which we know to be in deliberate violation of local or national laws".
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "We will not knowingly finance activities or projects which we know to be in deliberate violation of local or national laws".
          • 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
            "We will not knowingly finance activities or projects which we know to be in deliberate violation of local or national laws".
        • 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
        6/22
        • 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
          5.6/5.6
          • Commitment details
            Entire supply chain - Require
            4/4
            Commitment details
            Entire supply chain - Require
            4/4
            Type of policy: ILO; UNGP; Discrimination; Forced Labour; Child Labour; Freedom of association
            DBS ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            DBS ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            DBS ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            DBS ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
          • 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
            DBS ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
        • 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
      41/64
      • Commitment Strength
        30/42
        • Commodity-specific financing policy
          9.4/9.6
          • Commitment details
            Yes
            8/8
            Commitment details
            Yes
            8/8
            Type of policy: Deforestation-free
            "For new [palm oil] lending relationships, we specifically require them to demonstrate alignment with No Deforestation, No Peat, No Exploitation (“NDPE”) policies."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "For new [palm oil] lending relationships, we specifically require them to demonstrate alignment with No Deforestation, No Peat, No Exploitation (“NDPE”) policies."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "For new [palm oil] lending relationships, we specifically require them to demonstrate alignment with No Deforestation, No Peat, No Exploitation (“NDPE”) policies."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "For new [palm oil] lending relationships, we specifically require them to demonstrate alignment with No Deforestation, No Peat, No Exploitation (“NDPE”) policies."
          • 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
            "For new [palm oil] lending relationships, we specifically require them to demonstrate alignment with No Deforestation, No Peat, No Exploitation (“NDPE”) policies."
        • Companies must be legally operated
          2.6/5.6
          • Commitment details
            Own operations - Encourage
            1/4
            Commitment details
            Own operations - Encourage
            1/4
            "We will not knowingly finance activities or projects which we know to be in deliberate violation of local or national laws".
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "We will not knowingly finance activities or projects which we know to be in deliberate violation of local or national laws".
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "We will not knowingly finance activities or projects which we know to be in deliberate violation of local or national laws".
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "We will not knowingly finance activities or projects which we know to be in deliberate violation of local or national laws".
          • 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
            "We will not knowingly finance activities or projects which we know to be in deliberate violation of local or national laws".
        • Companies must protect priority forests or globally important landscapes
          7.4/9.6
          • Commitment details
            Primary/Intact/Natural/HCV/HCS - Require
            6/8
            Commitment details
            Primary/Intact/Natural/HCV/HCS - Require
            6/8
            "DBS will provide financial services to palm oil customers who have relevant policies or public commitments in ensuring their new plantings are not involved in [...] conversion of High Conservation Value (“HCV”) and High Carbon Stock (“HCS”) 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
            "DBS will provide financial services to palm oil customers who have relevant policies or public commitments in ensuring their new plantings are not involved in [...] conversion of High Conservation Value (“HCV”) and High Carbon Stock (“HCS”) forests".
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "DBS will provide financial services to palm oil customers who have relevant policies or public commitments in ensuring their new plantings are not involved in [...] conversion of High Conservation Value (“HCV”) and High Carbon Stock (“HCS”) forests".
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "DBS will provide financial services to palm oil customers who have relevant policies or public commitments in ensuring their new plantings are not involved in [...] conversion of High Conservation Value (“HCV”) and High Carbon Stock (“HCS”) 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
            "DBS will provide financial services to palm oil customers who have relevant policies or public commitments in ensuring their new plantings are not involved in [...] conversion of High Conservation Value (“HCV”) and High Carbon Stock (“HCS”) forests".
        • Assurance mechanism to ensure compliance
          5.4/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Certification scheme (if applicable): RSPO
            Verification method: Certification Scheme
            "For new lending relationships, we specifically require them to demonstrate alignment with No Deforestation, No Peat, No Exploitation (“NDPE”) policies. " "We will consider new customers who have achieved RSPO certification or are able to achieve RSPO certification within a satisfactory timeframe."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "For new lending relationships, we specifically require them to demonstrate alignment with No Deforestation, No Peat, No Exploitation (“NDPE”) policies. " "We will consider new customers who have achieved RSPO certification or are able to achieve RSPO certification within a satisfactory timeframe."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "For new lending relationships, we specifically require them to demonstrate alignment with No Deforestation, No Peat, No Exploitation (“NDPE”) policies. " "We will consider new customers who have achieved RSPO certification or are able to achieve RSPO certification within a satisfactory timeframe."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "For new lending relationships, we specifically require them to demonstrate alignment with No Deforestation, No Peat, No Exploitation (“NDPE”) policies. " "We will consider new customers who have achieved RSPO certification or are able to achieve RSPO certification within a satisfactory timeframe."
          • 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
            "For new lending relationships, we specifically require them to demonstrate alignment with No Deforestation, No Peat, No Exploitation (“NDPE”) policies. " "We will consider new customers who have achieved RSPO certification or are able to achieve RSPO certification within a satisfactory timeframe."
        • 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: Compliance is prerequisite for financing
            "For new lending relationships, we specifically require them to demonstrate alignment with No Deforestation, No Peat, No Exploitation (“NDPE”) policies. DBS will provide financial services to palm oil customers who have relevant policies or public commitments in ensuring their new plantings are not involved in [...] conversion of high conservation value (HCV) and high carbon stock (HCS) 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
            "For new lending relationships, we specifically require them to demonstrate alignment with No Deforestation, No Peat, No Exploitation (“NDPE”) policies. DBS will provide financial services to palm oil customers who have relevant policies or public commitments in ensuring their new plantings are not involved in [...] conversion of high conservation value (HCV) and high carbon stock (HCS) forests".
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "For new lending relationships, we specifically require them to demonstrate alignment with No Deforestation, No Peat, No Exploitation (“NDPE”) policies. DBS will provide financial services to palm oil customers who have relevant policies or public commitments in ensuring their new plantings are not involved in [...] conversion of high conservation value (HCV) and high carbon stock (HCS) forests".
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "For new lending relationships, we specifically require them to demonstrate alignment with No Deforestation, No Peat, No Exploitation (“NDPE”) policies. DBS will provide financial services to palm oil customers who have relevant policies or public commitments in ensuring their new plantings are not involved in [...] conversion of high conservation value (HCV) and high carbon stock (HCS) 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
            "For new lending relationships, we specifically require them to demonstrate alignment with No Deforestation, No Peat, No Exploitation (“NDPE”) policies. DBS will provide financial services to palm oil customers who have relevant policies or public commitments in ensuring their new plantings are not involved in [...] conversion of high conservation value (HCV) and high carbon stock (HCS) forests".
      • Social Considerations
        11/22
        • Company must ensure Free, Prior and Informed Consent
          5.4/5.6
          • Commitment details
            Yes - Require
            4/4
            Commitment details
            Yes - Require
            4/4
            "DBS will provide financial services to palm oil customers who have relevant policies or public commitments in ensuring their new plantings are not involved in [...] planting without securing both the legal right and community support to use all the land involved. Consent can be achieved through a free, prior, informed, consent (“FPIC”) process".
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "DBS will provide financial services to palm oil customers who have relevant policies or public commitments in ensuring their new plantings are not involved in [...] planting without securing both the legal right and community support to use all the land involved. Consent can be achieved through a free, prior, informed, consent (“FPIC”) process".
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "DBS will provide financial services to palm oil customers who have relevant policies or public commitments in ensuring their new plantings are not involved in [...] planting without securing both the legal right and community support to use all the land involved. Consent can be achieved through a free, prior, informed, consent (“FPIC”) process".
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "DBS will provide financial services to palm oil customers who have relevant policies or public commitments in ensuring their new plantings are not involved in [...] planting without securing both the legal right and community support to use all the land involved. Consent can be achieved through a free, prior, informed, consent (“FPIC”) process".
          • 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
            "DBS will provide financial services to palm oil customers who have relevant policies or public commitments in ensuring their new plantings are not involved in [...] planting without securing both the legal right and community support to use all the land involved. Consent can be achieved through a free, prior, informed, consent (“FPIC”) process".
        • Company must respect labour rights
          5.6/5.6
          • Commitment details
            Entire supply chain - Require
            4/4
            Commitment details
            Entire supply chain - Require
            4/4
            Type of policy: ILO; UNGP; Discrimination; Forced Labour; Child Labour; Freedom of association
            DBS ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            DBS ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            DBS ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            DBS ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
          • 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
            DBS ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
        • 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
      22/64
      • Commitment Strength
        13/42
        • 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
          2.6/5.6
          • Commitment details
            Own operations - Encourage
            1/4
            Commitment details
            Own operations - Encourage
            1/4
            "We will not knowingly finance activities or projects which we know to be in deliberate violation of local or national laws".
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "We will not knowingly finance activities or projects which we know to be in deliberate violation of local or national laws".
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "We will not knowingly finance activities or projects which we know to be in deliberate violation of local or national laws".
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "We will not knowingly finance activities or projects which we know to be in deliberate violation of local or national laws".
          • 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
            "We will not knowingly finance activities or projects which we know to be in deliberate violation of local or national laws".
        • 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
            "We will not knowingly finance [...] operation which [...] adversely affect UNESCO World heritage Sites or national and/or international protected areas; or [...] convert HCV or HCS forests for development".
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "We will not knowingly finance [...] operation which [...] adversely affect UNESCO World heritage Sites or national and/or international protected areas; or [...] convert HCV or HCS forests for development".
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "We will not knowingly finance [...] operation which [...] adversely affect UNESCO World heritage Sites or national and/or international protected areas; or [...] convert HCV or HCS forests for development".
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "We will not knowingly finance [...] operation which [...] adversely affect UNESCO World heritage Sites or national and/or international protected areas; or [...] convert HCV or HCS forests for development".
          • 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
            "We will not knowingly finance [...] operation which [...] adversely affect UNESCO World heritage Sites or national and/or international protected areas; or [...] convert HCV or HCS forests for development".
        • 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
          3.4/5.6
          • Commitment details
            Encourage
            2/4
            Commitment details
            Encourage
            2/4
            Type of policy: Compliance is prerequisite for financing
            "We will not knowingly finance activities or projects we know to be in deliberate violation of local and national laws, or operations which [...] adversely affect UNESCO World Heritage Sites or national and/or international protected areas; or [...] convert HCV or HSC forests for development".
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "We will not knowingly finance activities or projects we know to be in deliberate violation of local and national laws, or operations which [...] adversely affect UNESCO World Heritage Sites or national and/or international protected areas; or [...] convert HCV or HSC forests for development".
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "We will not knowingly finance activities or projects we know to be in deliberate violation of local and national laws, or operations which [...] adversely affect UNESCO World Heritage Sites or national and/or international protected areas; or [...] convert HCV or HSC forests for development".
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "We will not knowingly finance activities or projects we know to be in deliberate violation of local and national laws, or operations which [...] adversely affect UNESCO World Heritage Sites or national and/or international protected areas; or [...] convert HCV or HSC forests for development".
          • 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
            "We will not knowingly finance activities or projects we know to be in deliberate violation of local and national laws, or operations which [...] adversely affect UNESCO World Heritage Sites or national and/or international protected areas; or [...] convert HCV or HSC forests for development".
      • Social Considerations
        9/22
        • Company must ensure Free, Prior and Informed Consent
          3.4/5.6
          • Commitment details
            Yes - Encourage
            2/4
            Commitment details
            Yes - Encourage
            2/4
            "We will not knowingly finance [...] operations which [...] fail to secure both the legal right and community support to use all the land involved. Consent can be achieved through the FPIC process".
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "We will not knowingly finance [...] operations which [...] fail to secure both the legal right and community support to use all the land involved. Consent can be achieved through the FPIC process".
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "We will not knowingly finance [...] operations which [...] fail to secure both the legal right and community support to use all the land involved. Consent can be achieved through the FPIC process".
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "We will not knowingly finance [...] operations which [...] fail to secure both the legal right and community support to use all the land involved. Consent can be achieved through the FPIC process".
          • 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
            "We will not knowingly finance [...] operations which [...] fail to secure both the legal right and community support to use all the land involved. Consent can be achieved through the FPIC process".
        • Company must respect labour rights
          5.6/5.6
          • Commitment details
            Entire supply chain - Require
            4/4
            Commitment details
            Entire supply chain - Require
            4/4
            Type of policy: ILO; UNGP; Discrimination; Forced Labour; Child Labour; Freedom of association
            DBS ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            DBS ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            DBS ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            DBS ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
          • 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
            DBS ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
        • 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
      8/64
      • Commitment Strength
        3/42
        • 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
          2.6/5.6
          • Commitment details
            Own operations - Encourage
            1/4
            Commitment details
            Own operations - Encourage
            1/4
            "We will not knowingly finance activities or projects which we know to be in deliberate violation of local or national laws".
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "We will not knowingly finance activities or projects which we know to be in deliberate violation of local or national laws".
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "We will not knowingly finance activities or projects which we know to be in deliberate violation of local or national laws".
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "We will not knowingly finance activities or projects which we know to be in deliberate violation of local or national laws".
          • 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
            "We will not knowingly finance activities or projects which we know to be in deliberate violation of local or national laws".
        • 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
        6/22
        • 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
          5.6/5.6
          • Commitment details
            Entire supply chain - Require
            4/4
            Commitment details
            Entire supply chain - Require
            4/4
            Type of policy: ILO; UNGP; Discrimination; Forced Labour; Child Labour; Freedom of association
            DBS ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            DBS ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            DBS ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            DBS ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
          • 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
            DBS ensures that their clients' suppliers guarantee their workers' rights to freedom of association, and to be free from discrimination, forced labour and child labour.
        • 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
      5/5
      Policy review
      Commit to update policy - Annually or more frequent
      5/5
      "The Standard was first rolled out in January 2017 and is reviewed on an annual basis."
    • Companies must disclose subsidiaries in commodity supply chains
      0/5
    • Monitoring and non-compliance process
      3/5
      Monitoring compliance
      Yes - General non-compliance statement
      3/5
      "Attention is paid to areas highlighted in the relevant ESG risk assessment such as: Customer’s compliance with agreed action plans and if there were any fines or penalties related to non-compliance with environmental and social regulations". 
    • Reporting on implementation of the policy
      0/5
  • Commitment strength
    12/42
    Avg. score
  • Social considerations
    8/22
    Avg. score

Profile

DBS are a financial services group headquartered in Singapore serving private and commercial clients. Their services include wealth management, corporate finance, institutional investment, insurance, and retail banking services. As of 2017, the group’s total assets amount to more than 480 billion SGD, with over 300 billion SGD in customer loans. DBS are among the top 35 lenders to Forest 500 companies, with loans amounting to more than 8 billion USD across the agriculture, agricultural commodities and consumer goods sectors.

HQ
HQ 
Singapore
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.