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  • Overall approach
    10/16
    • Overarching commitment on deforestation
      10/16
      Deforestation commitment
      Zero net deforestation
      10/16
      [translation] "As member of the Banking Environment Initiative and having signed the Soft Commodities Compact, we have set ourselves the goal to reduce the deforestation of important woodlands caused by the production of palm oil, soy, beef and timber to net zero by 2020."
      Open source document
  • Commodity score
    38/64
    • Beef & Leather
      32/64
      • Commitment Strength
        24/42
        • Commodity-specific financing policy
          9.6/9.6
          • Commitment details
            Yes
            8/8
            Commitment details
            Yes
            8/8
            Type of policy: Zero net deforestation
            "We have set ourselves the goal to reduce the deforestation of important woodlands caused by the production of [...] beef [...] to net zero by 2020"
            Open source document
          • 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 have set ourselves the goal to reduce the deforestation of important woodlands caused by the production of [...] beef [...] to net zero by 2020"
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "We have set ourselves the goal to reduce the deforestation of important woodlands caused by the production of [...] beef [...] to net zero by 2020"
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "We have set ourselves the goal to reduce the deforestation of important woodlands caused by the production of [...] beef [...] to net zero by 2020"
            Open source document
          • 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 have set ourselves the goal to reduce the deforestation of important woodlands caused by the production of [...] beef [...] to net zero by 2020"
            Open source document
        • Companies must be legally operated
          3.6/5.6
          • Commitment details
            Own operations - Require
            2/4
            Commitment details
            Own operations - Require
            2/4
            [translation] “We require that our clients comply with current ES-laws and -regulations and hold all required licenses and permits”
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            [translation] “We require that our clients comply with current ES-laws and -regulations and hold all required licenses and permits”
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            [translation] “We require that our clients comply with current ES-laws and -regulations and hold all required licenses and permits”
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            [translation] “We require that our clients comply with current ES-laws and -regulations and hold all required licenses and permits”
            Open source document
          • 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
            [translation] “We require that our clients comply with current ES-laws and -regulations and hold all required licenses and permits”
            Open source document
        • Companies must protect priority forests or globally important landscapes
          7.6/9.6
          • Commitment details
            All high priority landscapes - Encourage
            6/8
            Commitment details
            All high priority landscapes - Encourage
            6/8
            [translation] “To our best knowledge, we do not finance (...) projects and activities in rain forests or forests which are related to the conversion of primary forests, areas of High Conservation Value (HCV) or peatlands with illegal deforestation or uncontrolled and/or illegal use of fire [...] or activities in world or cultural heritage sites, except in those cases where the government responsible and the UNESCO have agreed in advance that the activities in question will not have negative consequences."
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            [translation] “To our best knowledge, we do not finance (...) projects and activities in rain forests or forests which are related to the conversion of primary forests, areas of High Conservation Value (HCV) or peatlands with illegal deforestation or uncontrolled and/or illegal use of fire [...] or activities in world or cultural heritage sites, except in those cases where the government responsible and the UNESCO have agreed in advance that the activities in question will not have negative consequences."
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            [translation] “To our best knowledge, we do not finance (...) projects and activities in rain forests or forests which are related to the conversion of primary forests, areas of High Conservation Value (HCV) or peatlands with illegal deforestation or uncontrolled and/or illegal use of fire [...] or activities in world or cultural heritage sites, except in those cases where the government responsible and the UNESCO have agreed in advance that the activities in question will not have negative consequences."
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            [translation] “To our best knowledge, we do not finance (...) projects and activities in rain forests or forests which are related to the conversion of primary forests, areas of High Conservation Value (HCV) or peatlands with illegal deforestation or uncontrolled and/or illegal use of fire [...] or activities in world or cultural heritage sites, except in those cases where the government responsible and the UNESCO have agreed in advance that the activities in question will not have negative consequences."
            Open source document
          • 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
            [translation] “To our best knowledge, we do not finance (...) projects and activities in rain forests or forests which are related to the conversion of primary forests, areas of High Conservation Value (HCV) or peatlands with illegal deforestation or uncontrolled and/or illegal use of fire [...] or activities in world or cultural heritage sites, except in those cases where the government responsible and the UNESCO have agreed in advance that the activities in question will not have negative consequences."
            Open source document
        • 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
          3.6/5.6
          • Commitment details
            Yes - Encourage
            2/4
            Commitment details
            Yes - Encourage
            2/4
            "Deutsche Bank understands that our clients’ activities may impact the communities they operate in, and we expect clients to have processes in place to minimise any negative impact. In particular, during the due diligence we focus on policies and procedures that: protect the health and safety of affected communities; ensure respect for land rights and cultural heritage; and address engagement with communities, including responding to community concerns (for example through grievance mechanisms)."
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Deutsche Bank understands that our clients’ activities may impact the communities they operate in, and we expect clients to have processes in place to minimise any negative impact. In particular, during the due diligence we focus on policies and procedures that: protect the health and safety of affected communities; ensure respect for land rights and cultural heritage; and address engagement with communities, including responding to community concerns (for example through grievance mechanisms)."
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Deutsche Bank understands that our clients’ activities may impact the communities they operate in, and we expect clients to have processes in place to minimise any negative impact. In particular, during the due diligence we focus on policies and procedures that: protect the health and safety of affected communities; ensure respect for land rights and cultural heritage; and address engagement with communities, including responding to community concerns (for example through grievance mechanisms)."
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Deutsche Bank understands that our clients’ activities may impact the communities they operate in, and we expect clients to have processes in place to minimise any negative impact. In particular, during the due diligence we focus on policies and procedures that: protect the health and safety of affected communities; ensure respect for land rights and cultural heritage; and address engagement with communities, including responding to community concerns (for example through grievance mechanisms)."
            Open source document
          • 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
            "Deutsche Bank understands that our clients’ activities may impact the communities they operate in, and we expect clients to have processes in place to minimise any negative impact. In particular, during the due diligence we focus on policies and procedures that: protect the health and safety of affected communities; ensure respect for land rights and cultural heritage; and address engagement with communities, including responding to community concerns (for example through grievance mechanisms)."
            Open source document
        • 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
        8/22
        • Company must ensure Free, Prior and Informed Consent
          5.6/5.6
          • Commitment details
            Yes - Require
            4/4
            Commitment details
            Yes - Require
            4/4
            "We expect clients to obtain the Free Prior and Informed Consent of affected communities."
            Open source document
          • 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 expect clients to obtain the Free Prior and Informed Consent of affected communities."
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "We expect clients to obtain the Free Prior and Informed Consent of affected communities."
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "We expect clients to obtain the Free Prior and Informed Consent of affected communities."
            Open source document
          • 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 expect clients to obtain the Free Prior and Informed Consent of affected communities."
            Open source document
        • Company must respect labour rights
          2.4/5.6
          • Commitment details
            Own operations - Encourage
            1/4
            Commitment details
            Own operations - Encourage
            1/4
            Type of policy: Discrimination; Forced Labour; Child Labour; Freedom of association
            "In considering ESG matters of potential investments, DWS pays particular attention to the following aspects of the principles set out in the appendix:...> General human rights> Prohibition of child labor and forced labor> Imperative Non-discrimination> Freedom of association and trade unionism."
            Open source document
          • Policy applies to all operations and financing
            Subset
            0.2/0.4
            Policy applies to all operations and financing
            Subset
            0.2/0.4
            "In considering ESG matters of potential investments, DWS pays particular attention to the following aspects of the principles set out in the appendix:...> General human rights> Prohibition of child labor and forced labor> Imperative Non-discrimination> Freedom of association and trade unionism."
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "In considering ESG matters of potential investments, DWS pays particular attention to the following aspects of the principles set out in the appendix:...> General human rights> Prohibition of child labor and forced labor> Imperative Non-discrimination> Freedom of association and trade unionism."
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "In considering ESG matters of potential investments, DWS pays particular attention to the following aspects of the principles set out in the appendix:...> General human rights> Prohibition of child labor and forced labor> Imperative Non-discrimination> Freedom of association and trade unionism."
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "In considering ESG matters of potential investments, DWS pays particular attention to the following aspects of the principles set out in the appendix:...> General human rights> Prohibition of child labor and forced labor> Imperative Non-discrimination> Freedom of association and trade unionism."
            Open source document
        • 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
      45/64
      • Commitment Strength
        37/42
        • Commodity-specific financing policy
          9.4/9.6
          • Commitment details
            Yes
            8/8
            Commitment details
            Yes
            8/8
            Type of policy: Deforestation-free
            "We have set ourselves the goal to reduce the deforestation of important woodlands caused by the production of [...] palm oil [...] to net zero by 2020" "As a minimum, clients active in this sector are required to provide a certification plan for their plantation or mill in accordance with the Roundtable on Sustainable Palm Oil (RSPO) criteria."
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "As a minimum, clients active in this sector are required to provide a certification plan for their plantation or mill in accordance with the Roundtable on Sustainable Palm Oil (RSPO) criteria."
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "As a minimum, clients active in this sector are required to provide a certification plan for their plantation or mill in accordance with the Roundtable on Sustainable Palm Oil (RSPO) criteria."
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "As a minimum, clients active in this sector are required to provide a certification plan for their plantation or mill in accordance with the Roundtable on Sustainable Palm Oil (RSPO) criteria."
            Open source document
          • 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
            "As a minimum, clients active in this sector are required to provide a certification plan for their plantation or mill in accordance with the Roundtable on Sustainable Palm Oil (RSPO) criteria."
            Open source document
        • Companies must be legally operated
          3.6/5.6
          • Commitment details
            Own operations - Require
            2/4
            Commitment details
            Own operations - Require
            2/4
            [translation] “We require that our clients comply with current ES-laws and -regulations and hold all required licenses and permits”
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            [translation] “We require that our clients comply with current ES-laws and -regulations and hold all required licenses and permits”
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            [translation] “We require that our clients comply with current ES-laws and -regulations and hold all required licenses and permits”
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            [translation] “We require that our clients comply with current ES-laws and -regulations and hold all required licenses and permits”
            Open source document
          • 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
            [translation] “We require that our client comply with current ES-laws and -regulations and hold all required licenses and permits”
            Open source document
        • Companies must protect priority forests or globally important landscapes
          9.6/9.6
          • Commitment details
            All high priority landscapes - Require
            8/8
            Commitment details
            All high priority landscapes - Require
            8/8
            [translation] “To our best knowledge, we do not finance (...) projects and activities in rain forests or forests which are related to the conversion of primary forests, areas of High Conservation Value (HCV) or peatlands with illegal deforestation or uncontrolled and/or illegal use of fire [...] or activities in world or cultural heritage sites, except in those cases where the government responsible and the UNESCO have agreed in advance that the activities in question will not have negative consequences."
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            [translation] “To our best knowledge, we do not finance (...) projects and activities in rain forests or forests which are related to the conversion of primary forests, areas of High Conservation Value (HCV) or peatlands with illegal deforestation or uncontrolled and/or illegal use of fire [...] or activities in world or cultural heritage sites, except in those cases where the government responsible and the UNESCO have agreed in advance that the activities in question will not have negative consequences."
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            [translation] “To our best knowledge, we do not finance (...) projects and activities in rain forests or forests which are related to the conversion of primary forests, areas of High Conservation Value (HCV) or peatlands with illegal deforestation or uncontrolled and/or illegal use of fire [...] or activities in world or cultural heritage sites, except in those cases where the government responsible and the UNESCO have agreed in advance that the activities in question will not have negative consequences."
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            [translation] “To our best knowledge, we do not finance (...) projects and activities in rain forests or forests which are related to the conversion of primary forests, areas of High Conservation Value (HCV) or peatlands with illegal deforestation or uncontrolled and/or illegal use of fire [...] or activities in world or cultural heritage sites, except in those cases where the government responsible and the UNESCO have agreed in advance that the activities in question will not have negative consequences."
            Open source document
          • 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
            [translation] “To our best knowledge, we do not finance (...) projects and activities in rain forests or forests which are related to the conversion of primary forests, areas of High Conservation Value (HCV) or peatlands with illegal deforestation or uncontrolled and/or illegal use of fire [...] or activities in world or cultural heritage sites, except in those cases where the government responsible and the UNESCO have agreed in advance that the activities in question will not have negative consequences."
            Open source document
        • Assurance mechanism to ensure compliance
          5.6/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Verification method: Certification Scheme
            Certification scheme (if applicable): RSPO
            [translation] "For palm oil we require that the client is a member of RSPO. Additionally, we expect that the production sites of the client are RSPO-certified or that the client has made the temporal commitment as to when this certification must be acquired. At the latest, certification shall be acquired by 2025”
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            [translation] "For palm oil we require that the client is a member of RSPO. Additionally, we expect that the production sites of the client are RSPO-certified or that the client has made the temporal commitment as to when this certification must be acquired. At the latest, certification shall be acquired by 2025”
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            [translation] "For palm oil we require that the client is a member of RSPO. Additionally, we expect that the production sites of the client are RSPO-certified or that the client has made the temporal commitment as to when this certification must be acquired. At the latest, certification shall be acquired by 2025”
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            [translation] "For palm oil we require that the client is a member of RSPO. Additionally, we expect that the production sites of the client are RSPO-certified or that the client has made the temporal commitment as to when this certification must be acquired. At the latest, certification shall be acquired by 2025”
            Open source document
          • 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
            [translation] "For palm oil we require that the client is a member of RSPO. Additionally, we expect that the production sites of the client are RSPO-certified or that the client has made the temporal commitment as to when this certification must be acquired. At the latest, certification shall be acquired by 2025”
            Open source document
        • Companies must have a grievance mechanism
          3.6/5.6
          • Commitment details
            Yes - Encourage
            2/4
            Commitment details
            Yes - Encourage
            2/4
            "Deutsche Bank understands that our clients’ activities may impact the communities they operate in, and we expect clients to have processes in place to minimise any negative impact. In particular, during the due diligence we focus on policies and procedures that: protect the health and safety of affected communities; ensure respect for land rights and cultural heritage; and address engagement with communities, including responding to community concerns (for example through grievance mechanisms)."
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Deutsche Bank understands that our clients’ activities may impact the communities they operate in, and we expect clients to have processes in place to minimise any negative impact. In particular, during the due diligence we focus on policies and procedures that: protect the health and safety of affected communities; ensure respect for land rights and cultural heritage; and address engagement with communities, including responding to community concerns (for example through grievance mechanisms)."
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Deutsche Bank understands that our clients’ activities may impact the communities they operate in, and we expect clients to have processes in place to minimise any negative impact. In particular, during the due diligence we focus on policies and procedures that: protect the health and safety of affected communities; ensure respect for land rights and cultural heritage; and address engagement with communities, including responding to community concerns (for example through grievance mechanisms)."
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Deutsche Bank understands that our clients’ activities may impact the communities they operate in, and we expect clients to have processes in place to minimise any negative impact. In particular, during the due diligence we focus on policies and procedures that: protect the health and safety of affected communities; ensure respect for land rights and cultural heritage; and address engagement with communities, including responding to community concerns (for example through grievance mechanisms)."
            Open source document
          • 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
            "Deutsche Bank understands that our clients’ activities may impact the communities they operate in, and we expect clients to have processes in place to minimise any negative impact. In particular, during the due diligence we focus on policies and procedures that: protect the health and safety of affected communities; ensure respect for land rights and cultural heritage; and address engagement with communities, including responding to community concerns (for example through grievance mechanisms)."
            Open source document
        • Commitments must be timebound
          5.3/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Type of policy: FI has specific deadline for all companies to comply
            [translation] "For palm oil we require that the client is a member of RSPO. Additionally, we expect that the production sites of the client are RSPO-certified or that the client has made the temporal commitment as to when this certification must be acquired. At the latest, certification shall be acquired by 2025”
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            [translation] "For palm oil we require that the client is a member of RSPO. Additionally, we expect that the production sites of the client are RSPO-certified or that the client has made the temporal commitment as to when this certification must be acquired. At the latest, certification shall be acquired by 2025”
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            [translation] "For palm oil we require that the client is a member of RSPO. Additionally, we expect that the production sites of the client are RSPO-certified or that the client has made the temporal commitment as to when this certification must be acquired. At the latest, certification shall be acquired by 2025”
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            [translation] "For palm oil we require that the client is a member of RSPO. Additionally, we expect that the production sites of the client are RSPO-certified or that the client has made the temporal commitment as to when this certification must be acquired. At the latest, certification shall be acquired by 2025”
            Open source document
          • 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
            [translation] "For palm oil we require that the client is a member of RSPO. Additionally, we expect that the production sites of the client are RSPO-certified or that the client has made the temporal commitment as to when this certification must be acquired. At the latest, certification shall be acquired by 2025”
            Open source document
      • Social Considerations
        8/22
        • Company must ensure Free, Prior and Informed Consent
          5.6/5.6
          • Commitment details
            Yes - Require
            4/4
            Commitment details
            Yes - Require
            4/4
            "We expect clients to obtain the Free Prior and Informed Consent of affected communities."
            Open source document
          • 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 expect clients to obtain the Free Prior and Informed Consent of affected communities."
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "We expect clients to obtain the Free Prior and Informed Consent of affected communities."
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "We expect clients to obtain the Free Prior and Informed Consent of affected communities."
            Open source document
          • 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 expect clients to obtain the Free Prior and Informed Consent of affected communities."
            Open source document
        • Company must respect labour rights
          2.4/5.6
          • Commitment details
            Own operations - Encourage
            1/4
            Commitment details
            Own operations - Encourage
            1/4
            Type of policy: Discrimination; Forced Labour; Child Labour; Freedom of association
            "In considering ESG matters of potential investments, DWS pays particular attention to the following aspects of the principles set out in the appendix:...> General human rights> Prohibition of child labor and forced labor> Imperative Non-discrimination> Freedom of association and trade unionism."
            Open source document
          • Policy applies to all operations and financing
            Subset
            0.2/0.4
            Policy applies to all operations and financing
            Subset
            0.2/0.4
            "In considering ESG matters of potential investments, DWS pays particular attention to the following aspects of the principles set out in the appendix:...> General human rights> Prohibition of child labor and forced labor> Imperative Non-discrimination> Freedom of association and trade unionism."
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "In considering ESG matters of potential investments, DWS pays particular attention to the following aspects of the principles set out in the appendix:...> General human rights> Prohibition of child labor and forced labor> Imperative Non-discrimination> Freedom of association and trade unionism."
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "In considering ESG matters of potential investments, DWS pays particular attention to the following aspects of the principles set out in the appendix:...> General human rights> Prohibition of child labor and forced labor> Imperative Non-discrimination> Freedom of association and trade unionism."
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "In considering ESG matters of potential investments, DWS pays particular attention to the following aspects of the principles set out in the appendix:...> General human rights> Prohibition of child labor and forced labor> Imperative Non-discrimination> Freedom of association and trade unionism."
            Open source document
        • 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
      36/64
      • Commitment Strength
        28/42
        • Commodity-specific financing policy
          9.6/9.6
          • Commitment details
            Yes
            8/8
            Commitment details
            Yes
            8/8
            Type of policy: Deforestation-free
            "We have set ourselves the goal to reduce the deforestation of important woodlands caused by the production of [...] soy [...] to net zero by 2020" "for soy we prefer clients to be either certified according to the Roundtable on Responsible Soy Association or to demonstrate commitment to the Basel Criteria for Responsible Soy Production or theSoy Moratorium."
            Open source document
          • 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 have set ourselves the goal to reduce the deforestation of important woodlands caused by the production of [...] soy [...] to net zero by 2020" "for soy we prefer clients to be either certified according to the Roundtable on Responsible Soy Association or to demonstrate commitment to the Basel Criteria for Responsible Soy Production or theSoy Moratorium."
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "We have set ourselves the goal to reduce the deforestation of important woodlands caused by the production of [...] soy [...] to net zero by 2020" "for soy we prefer clients to be either certified according to the Roundtable on Responsible Soy Association or to demonstrate commitment to the Basel Criteria for Responsible Soy Production or theSoy Moratorium."
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "We have set ourselves the goal to reduce the deforestation of important woodlands caused by the production of [...] soy [...] to net zero by 2020" "for soy we prefer clients to be either certified according to the Roundtable on Responsible Soy Association or to demonstrate commitment to the Basel Criteria for Responsible Soy Production or theSoy Moratorium."
            Open source document
          • 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 have set ourselves the goal to reduce the deforestation of important woodlands caused by the production of [...] soy [...] to net zero by 2020" "for soy we prefer clients to be either certified according to the Roundtable on Responsible Soy Association or to demonstrate commitment to the Basel Criteria for Responsible Soy Production or theSoy Moratorium."
            Open source document
        • Companies must be legally operated
          3.6/5.6
          • Commitment details
            Own operations - Require
            2/4
            Commitment details
            Own operations - Require
            2/4
            [translation] “We require that our clients comply with current ES-laws and -regulations and hold all required licenses and permits”
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            [translation] “We require that our clients comply with current ES-laws and -regulations and hold all required licenses and permits”
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            [translation] “We require that our clients comply with current ES-laws and -regulations and hold all required licenses and permits”
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            [translation] “We require that our clients comply with current ES-laws and -regulations and hold all required licenses and permits”
            Open source document
          • 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
            [translation] “We require that our clients comply with current ES-laws and -regulations and hold all required licenses and permits”
            Open source document
        • Companies must protect priority forests or globally important landscapes
          7.6/9.6
          • Commitment details
            All high priority landscapes - Encourage
            6/8
            Commitment details
            All high priority landscapes - Encourage
            6/8
            [translation] “To our best knowledge, we do not finance (...) projects and activities in rain forests or forests which are related to the conversion of primary forests, areas of High Conservation Value (HCV) or peatlands with illegal deforestation or uncontrolled and/or illegal use of fire [...] or activities in world or cultural heritage sites, except in those cases where the government responsible and the UNESCO have agreed in advance that the activities in question will not have negative consequences."
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            [translation] “To our best knowledge, we do not finance (...) projects and activities in rain forests or forests which are related to the conversion of primary forests, areas of High Conservation Value (HCV) or peatlands with illegal deforestation or uncontrolled and/or illegal use of fire [...] or activities in world or cultural heritage sites, except in those cases where the government responsible and the UNESCO have agreed in advance that the activities in question will not have negative consequences."
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            [translation] “To our best knowledge, we do not finance (...) projects and activities in rain forests or forests which are related to the conversion of primary forests, areas of High Conservation Value (HCV) or peatlands with illegal deforestation or uncontrolled and/or illegal use of fire [...] or activities in world or cultural heritage sites, except in those cases where the government responsible and the UNESCO have agreed in advance that the activities in question will not have negative consequences."
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            [translation] “To our best knowledge, we do not finance (...) projects and activities in rain forests or forests which are related to the conversion of primary forests, areas of High Conservation Value (HCV) or peatlands with illegal deforestation or uncontrolled and/or illegal use of fire [...] or activities in world or cultural heritage sites, except in those cases where the government responsible and the UNESCO have agreed in advance that the activities in question will not have negative consequences."
            Open source document
          • 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
            [translation] “To our best knowledge, we do not finance (...) projects and activities in rain forests or forests which are related to the conversion of primary forests, areas of High Conservation Value (HCV) or peatlands with illegal deforestation or uncontrolled and/or illegal use of fire [...] or activities in world or cultural heritage sites, except in those cases where the government responsible and the UNESCO have agreed in advance that the activities in question will not have negative consequences."
            Open source document
        • Assurance mechanism to ensure compliance
          3.6/5.6
          • Commitment details
            Encourage
            2/4
            Commitment details
            Encourage
            2/4
            Verification method: Certification Scheme
            Certification scheme (if applicable): RTRS
            "[...] for soy we prefer clients to be either certified according to the Roundtable on Responsible Soy Association or to demonstrate commitment to the Basel Criteria for Responsible Soy Production or the Soy Moratorium."
            Open source document
          • 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 soy we prefer clients to be either certified according to the Roundtable on Responsible Soy Association or to demonstrate commitment to the Basel Criteria for Responsible Soy Production or the Soy Moratorium."
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "[...] for soy we prefer clients to be either certified according to the Roundtable on Responsible Soy Association or to demonstrate commitment to the Basel Criteria for Responsible Soy Production or the Soy Moratorium."
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "[...] for soy we prefer clients to be either certified according to the Roundtable on Responsible Soy Association or to demonstrate commitment to the Basel Criteria for Responsible Soy Production or the Soy Moratorium."
            Open source document
          • 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
            "[...] for soy we prefer clients to be either certified according to the Roundtable on Responsible Soy Association or to demonstrate commitment to the Basel Criteria for Responsible Soy Production or the Soy Moratorium."
            Open source document
        • Companies must have a grievance mechanism
          3.6/5.6
          • Commitment details
            Yes - Encourage
            2/4
            Commitment details
            Yes - Encourage
            2/4
            "Deutsche Bank understands that our clients’ activities may impact the communities they operate in, and we expect clients to have processes in place to minimise any negative impact. In particular, during the due diligence we focus on policies and procedures that: protect the health and safety of affected communities; ensure respect for land rights and cultural heritage; and address engagement with communities, including responding to community concerns (for example through grievance mechanisms)."
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Deutsche Bank understands that our clients’ activities may impact the communities they operate in, and we expect clients to have processes in place to minimise any negative impact. In particular, during the due diligence we focus on policies and procedures that: protect the health and safety of affected communities; ensure respect for land rights and cultural heritage; and address engagement with communities, including responding to community concerns (for example through grievance mechanisms)."
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Deutsche Bank understands that our clients’ activities may impact the communities they operate in, and we expect clients to have processes in place to minimise any negative impact. In particular, during the due diligence we focus on policies and procedures that: protect the health and safety of affected communities; ensure respect for land rights and cultural heritage; and address engagement with communities, including responding to community concerns (for example through grievance mechanisms)."
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Deutsche Bank understands that our clients’ activities may impact the communities they operate in, and we expect clients to have processes in place to minimise any negative impact. In particular, during the due diligence we focus on policies and procedures that: protect the health and safety of affected communities; ensure respect for land rights and cultural heritage; and address engagement with communities, including responding to community concerns (for example through grievance mechanisms)."
            Open source document
          • 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
            "Deutsche Bank understands that our clients’ activities may impact the communities they operate in, and we expect clients to have processes in place to minimise any negative impact. In particular, during the due diligence we focus on policies and procedures that: protect the health and safety of affected communities; ensure respect for land rights and cultural heritage; and address engagement with communities, including responding to community concerns (for example through grievance mechanisms)."
            Open source document
        • 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
        8/22
        • Company must ensure Free, Prior and Informed Consent
          5.6/5.6
          • Commitment details
            Yes - Require
            4/4
            Commitment details
            Yes - Require
            4/4
            "We expect clients to obtain the Free Prior and Informed Consent of affected communities."
            Open source document
          • 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 expect clients to obtain the Free Prior and Informed Consent of affected communities."
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "We expect clients to obtain the Free Prior and Informed Consent of affected communities."
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "We expect clients to obtain the Free Prior and Informed Consent of affected communities."
            Open source document
          • 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 expect clients to obtain the Free Prior and Informed Consent of affected communities."
            Open source document
        • Company must respect labour rights
          2.4/5.6
          • Commitment details
            Own operations - Encourage
            1/4
            Commitment details
            Own operations - Encourage
            1/4
            Type of policy: Discrimination; Forced Labour; Child Labour; Freedom of association
            "In considering ESG matters of potential investments, DWS pays particular attention to the following aspects of the principles set out in the appendix:...> General human rights> Prohibition of child labor and forced labor> Imperative Non-discrimination> Freedom of association and trade unionism."
            Open source document
          • Policy applies to all operations and financing
            Subset
            0.2/0.4
            Policy applies to all operations and financing
            Subset
            0.2/0.4
            "In considering ESG matters of potential investments, DWS pays particular attention to the following aspects of the principles set out in the appendix:...> General human rights> Prohibition of child labor and forced labor> Imperative Non-discrimination> Freedom of association and trade unionism."
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "In considering ESG matters of potential investments, DWS pays particular attention to the following aspects of the principles set out in the appendix:...> General human rights> Prohibition of child labor and forced labor> Imperative Non-discrimination> Freedom of association and trade unionism."
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "In considering ESG matters of potential investments, DWS pays particular attention to the following aspects of the principles set out in the appendix:...> General human rights> Prohibition of child labor and forced labor> Imperative Non-discrimination> Freedom of association and trade unionism."
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "In considering ESG matters of potential investments, DWS pays particular attention to the following aspects of the principles set out in the appendix:...> General human rights> Prohibition of child labor and forced labor> Imperative Non-discrimination> Freedom of association and trade unionism."
            Open source document
        • 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
      38/64
      • Commitment Strength
        30/42
        • Commodity-specific financing policy
          9.6/9.6
          • Commitment details
            Yes
            8/8
            Commitment details
            Yes
            8/8
            Type of policy: Zero net deforestation
            "We have set ourselves the goal to reduce the deforestation of important woodlands caused by the production of [...] timber [...] to net zero by 2020" "for timber, we expect clients to be certified according to the Forest Stewardship Council (FSC) (preferred) or the Programme for the Endorsement of Forest Certification (PEFC)."
            Open source document
          • 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 have set ourselves the goal to reduce the deforestation of important woodlands caused by the production of [...] timber [...] to net zero by 2020" "for timber, we expect clients to be certified according to the Forest Stewardship Council (FSC) (preferred) or the Programme for the Endorsement of Forest Certification (PEFC)."
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "We have set ourselves the goal to reduce the deforestation of important woodlands caused by the production of [...] timber [...] to net zero by 2020" "for timber, we expect clients to be certified according to the Forest Stewardship Council (FSC) (preferred) or the Programme for the Endorsement of Forest Certification (PEFC)."
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "We have set ourselves the goal to reduce the deforestation of important woodlands caused by the production of [...] timber [...] to net zero by 2020" "for timber, we expect clients to be certified according to the Forest Stewardship Council (FSC) (preferred) or the Programme for the Endorsement of Forest Certification (PEFC)."
            Open source document
          • 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 have set ourselves the goal to reduce the deforestation of important woodlands caused by the production of [...] timber [...] to net zero by 2020" "for timber, we expect clients to be certified according to the Forest Stewardship Council (FSC) (preferred) or the Programme for the Endorsement of Forest Certification (PEFC)."
            Open source document
        • Companies must be legally operated
          3.6/5.6
          • Commitment details
            Own operations - Require
            2/4
            Commitment details
            Own operations - Require
            2/4
            [translation] “We require that our clients comply with current ES-laws and -regulations and hold all required licenses and permits”
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            [translation] “We require that our clients comply with current ES-laws and -regulations and hold all required licenses and permits”
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            [translation] “We require that our clients comply with current ES-laws and -regulations and hold all required licenses and permits”
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            [translation] “We require that our clients comply with current ES-laws and -regulations and hold all required licenses and permits”
            Open source document
          • 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
            [translation] “We require that our clients comply with current ES-laws and -regulations and hold all required licenses and permits”
            Open source document
        • Companies must protect priority forests or globally important landscapes
          7.6/9.6
          • Commitment details
            All high priority landscapes - Encourage
            6/8
            Commitment details
            All high priority landscapes - Encourage
            6/8
            [translation] “To our best knowledge, we do not finance (...) projects and activities in rain forests or forests which are related to the conversion of primary forests, areas of High Conservation Value (HCV) or peatlands with illegal deforestation or uncontrolled and/or illegal use of fire [...] or activities in world or cultural heritage sites, except in those cases where the government responsible and the UNESCO have agreed in advance that the activities in question will not have negative consequences."
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            [translation] “To our best knowledge, we do not finance (...) projects and activities in rain forests or forests which are related to the conversion of primary forests, areas of High Conservation Value (HCV) or peatlands with illegal deforestation or uncontrolled and/or illegal use of fire [...] or activities in world or cultural heritage sites, except in those cases where the government responsible and the UNESCO have agreed in advance that the activities in question will not have negative consequences."
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            [translation] “To our best knowledge, we do not finance (...) projects and activities in rain forests or forests which are related to the conversion of primary forests, areas of High Conservation Value (HCV) or peatlands with illegal deforestation or uncontrolled and/or illegal use of fire [...] or activities in world or cultural heritage sites, except in those cases where the government responsible and the UNESCO have agreed in advance that the activities in question will not have negative consequences."
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            [translation] “To our best knowledge, we do not finance (...) projects and activities in rain forests or forests which are related to the conversion of primary forests, areas of High Conservation Value (HCV) or peatlands with illegal deforestation or uncontrolled and/or illegal use of fire [...] or activities in world or cultural heritage sites, except in those cases where the government responsible and the UNESCO have agreed in advance that the activities in question will not have negative consequences."
            Open source document
          • 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
            [translation] “To our best knowledge, we do not finance (...) projects and activities in rain forests or forests which are related to the conversion of primary forests, areas of High Conservation Value (HCV) or peatlands with illegal deforestation or uncontrolled and/or illegal use of fire [...] or activities in world or cultural heritage sites, except in those cases where the government responsible and the UNESCO have agreed in advance that the activities in question will not have negative consequences."
            Open source document
        • Assurance mechanism to ensure compliance
          5.6/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Verification method: Certification Scheme
            Certification scheme (if applicable): FSC
            "for timber, we expect clients to be certified according to the Forest Stewardship Council (FSC) (preferred) or the Programme for the Endorsement of Forest Certification (PEFC)." 
            Open source document
          • 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 timber, we expect clients to be certified according to the Forest Stewardship Council (FSC) (preferred) or the Programme for the Endorsement of Forest Certification (PEFC)." 
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "for timber, we expect clients to be certified according to the Forest Stewardship Council (FSC) (preferred) or the Programme for the Endorsement of Forest Certification (PEFC)." 
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "for timber, we expect clients to be certified according to the Forest Stewardship Council (FSC) (preferred) or the Programme for the Endorsement of Forest Certification (PEFC)." 
            Open source document
          • 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
            "for timber, we expect clients to be certified according to the Forest Stewardship Council (FSC) (preferred) or the Programme for the Endorsement of Forest Certification (PEFC)." 
            Open source document
        • Companies must have a grievance mechanism
          3.6/5.6
          • Commitment details
            Yes - Encourage
            2/4
            Commitment details
            Yes - Encourage
            2/4
            "Deutsche Bank understands that our clients’ activities may impact the communities they operate in, and we expect clients to have processes in place to minimise any negative impact. In particular, during the due diligence we focus on policies and procedures that: protect the health and safety of affected communities; ensure respect for land rights and cultural heritage; and address engagement with communities, including responding to community concerns (for example through grievance mechanisms)."
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Deutsche Bank understands that our clients’ activities may impact the communities they operate in, and we expect clients to have processes in place to minimise any negative impact. In particular, during the due diligence we focus on policies and procedures that: protect the health and safety of affected communities; ensure respect for land rights and cultural heritage; and address engagement with communities, including responding to community concerns (for example through grievance mechanisms)."
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Deutsche Bank understands that our clients’ activities may impact the communities they operate in, and we expect clients to have processes in place to minimise any negative impact. In particular, during the due diligence we focus on policies and procedures that: protect the health and safety of affected communities; ensure respect for land rights and cultural heritage; and address engagement with communities, including responding to community concerns (for example through grievance mechanisms)."
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Deutsche Bank understands that our clients’ activities may impact the communities they operate in, and we expect clients to have processes in place to minimise any negative impact. In particular, during the due diligence we focus on policies and procedures that: protect the health and safety of affected communities; ensure respect for land rights and cultural heritage; and address engagement with communities, including responding to community concerns (for example through grievance mechanisms)."
            Open source document
          • 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
            "Deutsche Bank understands that our clients’ activities may impact the communities they operate in, and we expect clients to have processes in place to minimise any negative impact. In particular, during the due diligence we focus on policies and procedures that: protect the health and safety of affected communities; ensure respect for land rights and cultural heritage; and address engagement with communities, including responding to community concerns (for example through grievance mechanisms)."
            Open source document
        • 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
        8/22
        • Company must ensure Free, Prior and Informed Consent
          5.6/5.6
          • Commitment details
            Yes - Require
            4/4
            Commitment details
            Yes - Require
            4/4
            "We expect clients to obtain the Free Prior and Informed Consent of affected communities."
            Open source document
          • 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 expect clients to obtain the Free Prior and Informed Consent of affected communities."
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "We expect clients to obtain the Free Prior and Informed Consent of affected communities."
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "We expect clients to obtain the Free Prior and Informed Consent of affected communities."
            Open source document
          • 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 expect clients to obtain the Free Prior and Informed Consent of affected communities."
            Open source document
        • Company must respect labour rights
          2.4/5.6
          • Commitment details
            Own operations - Encourage
            1/4
            Commitment details
            Own operations - Encourage
            1/4
            Type of policy: Discrimination; Forced Labour; Child Labour; Freedom of association
            "In considering ESG matters of potential investments, DWS pays particular attention to the following aspects of the principles set out in the appendix:...> General human rights> Prohibition of child labor and forced labor> Imperative Non-discrimination> Freedom of association and trade unionism."
            Open source document
          • Policy applies to all operations and financing
            Subset
            0.2/0.4
            Policy applies to all operations and financing
            Subset
            0.2/0.4
            "In considering ESG matters of potential investments, DWS pays particular attention to the following aspects of the principles set out in the appendix:...> General human rights> Prohibition of child labor and forced labor> Imperative Non-discrimination> Freedom of association and trade unionism."
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "In considering ESG matters of potential investments, DWS pays particular attention to the following aspects of the principles set out in the appendix:...> General human rights> Prohibition of child labor and forced labor> Imperative Non-discrimination> Freedom of association and trade unionism."
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "In considering ESG matters of potential investments, DWS pays particular attention to the following aspects of the principles set out in the appendix:...> General human rights> Prohibition of child labor and forced labor> Imperative Non-discrimination> Freedom of association and trade unionism."
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "In considering ESG matters of potential investments, DWS pays particular attention to the following aspects of the principles set out in the appendix:...> General human rights> Prohibition of child labor and forced labor> Imperative Non-discrimination> Freedom of association and trade unionism."
            Open source document
        • 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
    10/20
    • Policy is reviewed and updated
      5/5
      Policy review
      Commit to update policy - Annually or more frequent
      5/5
      "Our ES Policy Framework is reviewed annually – or as events occur – to reflect changes in the environment in which we operate."
      Open source document
    • Companies must disclose subsidiaries in commodity supply chains
      0/5
    • Monitoring and non-compliance process
      5/5
      Monitoring compliance
      Yes - Screening and monitoring process
      5/5
      "While conducting ES risk reviews, we assess our clients’ ES risk management systems including governance and capacity to address ES risks [...] We may also engage with clients directly and, depending on the risk profile, more intense ES due diligencemay be required in accordance with our general and sector-specific ES provisions."
      Open source document
    • Reporting on implementation of the policy
      0/5
  • Commitment strength
    30/42
    Avg. score
  • Social considerations
    8/22
    Avg. score

Profile

Deutsche Bank are a major bank based in Germany serving private, corporate and institutional clients. Their services include corporate finance, investment banking, securities, wealth management, asset management, and retail banking services. As of 2017, the bank’s total assets amount to more than 1.5 trillion EUR, with approximately 400 billion EUR in net loans. Deutsche Bank is among the top 10 lenders to Forest 500 companies, with loans amounting to more than 41 billion USD across a broad range of forest risk sectors. They are also among the top 25 shareholders for Forest 500 companies, with more than 17 billion USD worth of shares.

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

How we assess the Forest 500

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

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

Full finance sector performance data Forest 500 assessment methodology

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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.