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  • Overall approach
    5/10
    • Overarching commitment on deforestation
      2/6
      Zero net deforestation commitment
      2/6
      "Industrial Agriculture and Forestry are important for the production of a diverse range of soft commodities such as palm oil, soy, beef, coffee, tea, cacao, cotton, tobacco, rubber and timber. Industrial developments in these areas are positive for economic growth in certain countries but may have adverse impacts such as deforestation, loss of biodiversity, poor labour conditions and conflicts with local communities. To address these concerns and to promote sustainable production, Deutsche Bank introduced a set of guiding principles for clients active in these areas. In 2014, Deutsche Bank has signed the New York Forest Declaration of the United Nations. The objective of the signatories is to support all endeavours to cut natural forest loss in half by 2020 and to end it by 2030. As a member of the Banking Environment Initiative and signatory to the Soft Commodities Compact10 we are committed to help achieve zero net deforestation by 2020 in the palm oil, timber, soy and beef sectors."
    • Deforestation as a business risk
      2/2
      Yes
      2/2
      "We therefore need to understand the ES risks associated with an industry, a client or a transaction, just as we do with traditional banking risks. Doing this effectively is essential to avoid any negative impacts on the environment or society, and to uphold our commitments to international standards. Failing to do this may also lead to reputational and financial risks for Deutsche Bank, and restrict our ability to benefit from potential business opportunities. ..." This document summarizes Deutsche Bank’s position on ES matters. [document contains commitment to zero deforestation]
    • Target to reduce emissions in scope 1/2
    • Company must have anti-corruption policy
      1/2
      Yes, either an anti-corruption policy or a policy on prohibiting abusive tax arrangements
      1/2
      "we have merged our units to combat fraud, bribery and corruption under the umbrella of our anti-money laundering department, which is responsible throughout the group. Tasks include strengthening our guidelines, procedures and controls as well as conveying our "zero tolerance" attitude towards bribery and corruption to all employees, customers and other interest groups "[...]"Bribery or corruption in any form is not tolerated by our bank – you and third parties associated with your business are prohibited from offering, promising, giving or authorising, any form of solicitation, agreement to receive, or accepting anything that constitutes, or could be perceived as constituting bribery or corruption."
  • Commodity score
    47/90
    • Beef & Leather
      43/90
      • Commitment Strength
        15/31
        • Commodity-specific deforestation financing policy
          6.4/9.6
          • Commitment details
            Zero-net deforestation
            5/8
            Commitment details
            Zero-net deforestation
            5/8
            "As a member of the Banking Environment Initiative and signatory to the Soft Commodities Compact10 we are committed to help achieve zero net deforestation by 2020 in the palm oil, timber, soy and beef sectors."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "As a member of the Banking Environment Initiative and signatory to the Soft Commodities Compact10 we are committed to help achieve zero net deforestation by 2020 in the palm oil, timber, soy and beef sectors."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "As a member of the Banking Environment Initiative and signatory to the Soft Commodities Compact10 we are committed to help achieve zero net deforestation by 2020 in the palm oil, timber, soy and beef sectors."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "As a member of the Banking Environment Initiative and signatory to the Soft Commodities Compact10 we are committed to help achieve zero net deforestation by 2020 in the palm oil, timber, soy and beef sectors."
          • 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 member of the Banking Environment Initiative and signatory to the Soft Commodities Compact10 we are committed to help achieve zero net deforestation by 2020 in the palm oil, timber, soy and beef sectors."
        • Companies must be legally operated
          3.1/4.6
          • Commitment details
            Companies own operations - Required
            1.5/3
            Commitment details
            Companies own operations - Required
            1.5/3
            "In our transactions with clients, we expect, as a minimum, that they meet applicable ES laws and regulations, and that they hold relevant licenses and permits. At Deutsche Bank, we also expect our clients to consider international best practice approaches."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "In our transactions with clients, we expect, as a minimum, that they meet applicable ES laws and regulations, and that they hold relevant licenses and permits. At Deutsche Bank, we also expect our clients to consider international best practice approaches."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "In our transactions with clients, we expect, as a minimum, that they meet applicable ES laws and regulations, and that they hold relevant licenses and permits. At Deutsche Bank, we also expect our clients to consider international best practice approaches."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "In our transactions with clients, we expect, as a minimum, that they meet applicable ES laws and regulations, and that they hold relevant licenses and permits. At Deutsche Bank, we also expect our clients to consider international best practice approaches."
          • 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 our transactions with clients, we expect, as a minimum, that they meet applicable ES laws and regulations, and that they hold relevant licenses and permits. At Deutsche Bank, we also expect our clients to consider international best practice approaches."
        • Companies must monitor operations
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must conduct risk assessments
          5.4/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            "Further, we expect clients to demonstrate:[...]  policies on new developments including a commitment to conduct a High Conservation Value (HCV) assessment before any new plantation development. This involves identifying and conserving land with a high ecological, cultural or social value"
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Further, we expect clients to demonstrate:[...]  policies on new developments including a commitment to conduct a High Conservation Value (HCV) assessment before any new plantation development. This involves identifying and conserving land with a high ecological, cultural or social value"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Further, we expect clients to demonstrate:[...]  policies on new developments including a commitment to conduct a High Conservation Value (HCV) assessment before any new plantation development. This involves identifying and conserving land with a high ecological, cultural or social value"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Further, we expect clients to demonstrate:[...]  policies on new developments including a commitment to conduct a High Conservation Value (HCV) assessment before any new plantation development. This involves identifying and conserving land with a high ecological, cultural or social value"
          • 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
            "Further, we expect clients to demonstrate:[...]  policies on new developments including a commitment to conduct a High Conservation Value (HCV) assessment before any new plantation development. This involves identifying and conserving land with a high ecological, cultural or social value"
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        10/27
        • Company must ensure Free, Prior and Informed Consent
          5.6/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            "We recognise the vulnerability of indigenous peoples and the connection to ancestral lands, as defined by the UN Declaration on the Rights of Indigenous Peoples. In cases where we can identify potential impacts on indigenous peoples, we expect our clients to act in alignment with the objectives and requirements of the IFC PS 7 on Indigenous People. For circumstances outlined in the IFC PS 7, we expect clients to obtain the Free Prior and Informed Consent of affected communities. "
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "We recognise the vulnerability of indigenous peoples and the connection to ancestral lands, as defined by the UN Declaration on the Rights of Indigenous Peoples. In cases where we can identify potential impacts on indigenous peoples, we expect our clients to act in alignment with the objectives and requirements of the IFC PS 7 on Indigenous People. For circumstances outlined in the IFC PS 7, we expect clients to obtain the Free Prior and Informed Consent of affected communities. "
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "We recognise the vulnerability of indigenous peoples and the connection to ancestral lands, as defined by the UN Declaration on the Rights of Indigenous Peoples. In cases where we can identify potential impacts on indigenous peoples, we expect our clients to act in alignment with the objectives and requirements of the IFC PS 7 on Indigenous People. For circumstances outlined in the IFC PS 7, we expect clients to obtain the Free Prior and Informed Consent of affected communities. "
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "We recognise the vulnerability of indigenous peoples and the connection to ancestral lands, as defined by the UN Declaration on the Rights of Indigenous Peoples. In cases where we can identify potential impacts on indigenous peoples, we expect our clients to act in alignment with the objectives and requirements of the IFC PS 7 on Indigenous People. For circumstances outlined in the IFC PS 7, we expect clients to obtain the Free Prior and Informed Consent of affected communities. "
          • 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 recognise the vulnerability of indigenous peoples and the connection to ancestral lands, as defined by the UN Declaration on the Rights of Indigenous Peoples. In cases where we can identify potential impacts on indigenous peoples, we expect our clients to act in alignment with the objectives and requirements of the IFC PS 7 on Indigenous People. For circumstances outlined in the IFC PS 7, we expect clients to obtain the Free Prior and Informed Consent of affected communities. "
        • Companies must have a grievance mechanism
          3.4/5.6
          • Commitment details
            Encouraged
            2/4
            Commitment details
            Encouraged
            2/4
             "Further, 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)."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
             "Further, 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)."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Further, 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)."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Further, 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)."
          • 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
            "Further, 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)."
        • Company must respect labour rights
          2.2/5.6
          • Commitment details
            Companies own operations - Encouraged
            1/4
            Commitment details
            Companies own operations - Encouraged
            1/4
            Type of policy: Discrimination; Forced Labour; Child Labour; Freedom of Association

            Does the financial institution ask the company to protect the health and safety of its own operations or its supply chain workers?: Yes
             "In considering ESG matters of potential investments, DWSpays particular attention to the following aspects of theprinciples set out in the appendix: [...] General human rights; Prohibition of child labor and forced labor; Imperative Non-discrimination; Freedom of association and trade unionism, Workplace health and safety"
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
             "In considering ESG matters of potential investments, DWSpays particular attention to the following aspects of theprinciples set out in the appendix: [...] General human rights; Prohibition of child labor and forced labor; Imperative Non-discrimination; Freedom of association and trade unionism, Workplace health and safety"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            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"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            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"
          • 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"
        • 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
            None
            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
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        18/31
        • Commitments must be timebound
          Required
          5/5
          Commitments must be timebound
          Required
          5/5
          "As a member of the Banking Environment Initiative and signatory to the Soft Commodities Compact10 we are committed to help achieve zero net deforestation11 by 2020 in the palm oil, timber, soy and beef sectors [...] For other commodities such as beef or cotton we expect clients to be guided by industry best practices and initiatives such as the Global Roundtable for Sustainable Beef, the Cattle Agreement or the Better Cotton Initiative."
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          Annual or more frequent review
          2/2
          Policy is reviewed and updated
          Annual or more frequent review
          2/2
          "Our ES Policy Framework is reviewed annually– or as events occur – to reflect changes in the environment in which we operate."
        • Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          "While conducting ES risk reviews for non-project finance, we assess our clients’ ES risk management systems, including governance and capacity to address ES risks. We look for policies and commitments, as well as a responsible approach to stakeholder engagement and disclosure. We also assess their track record. In this review, we rely on publicly available information such as corporate disclosure, media, and external data providers. We may also engage with clients directly and, depending on the risk profile, more intense ES due diligence may be required in accordance with our general and sector-specific ES provisions."
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          Reports number/proportion of portfolio companies covered by the deforestation policy; Reports number/proportion/outcome of portfolio companies which have been engaged with on deforestation-risk or compliance with the policy/time-bound plans; Reports number/proportion of portfolio companies compliant with the deforestation policy or their own timebound plans
          6/6
          Reporting on implementation of the policy
          Reports number/proportion of portfolio companies covered by the deforestation policy; Reports number/proportion/outcome of portfolio companies which have been engaged with on deforestation-risk or compliance with the policy/time-bound plans; Reports number/proportion of portfolio companies compliant with the deforestation policy or their own timebound plans
          6/6
          "The following charts illustrate the latest publicly available certification status of Deutsche Bank´s clients operating in the palm oil, soy and timber sectors. We also highlight data access limitations, as well as the steps that Deutsche Bank has taken in line with its commitments."
        • Ethical product in portfolio
          No
    • Palm oil
      49/90
      • Commitment Strength
        20/31
        • Commodity-specific deforestation financing policy
          6.4/9.6
          • Commitment details
            Zero-net deforestation
            5/8
            Commitment details
            Zero-net deforestation
            5/8
            "As a member of the Banking Environment Initiative and signatory to the Soft Commodities Compact10 we are committed to help achieve zero net deforestation by 2020 in the palm oil sector [...] for palm oil, we require as a minimum, that the client is a member of RSPO. Furthermore we would expect the client’s operations to be certified in accordance with RSPO or the client’s time-bound commitment to achieve RSPO certification in a reasonable timeframe but not later than 2025"
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "As a member of the Banking Environment Initiative and signatory to the Soft Commodities Compact10 we are committed to help achieve zero net deforestation by 2020 in the palm oil sector [...] for palm oil, we require as a minimum, that the client is a member of RSPO. Furthermore we would expect the client’s operations to be certified in accordance with RSPO or the client’s time-bound commitment to achieve RSPO certification in a reasonable timeframe but not later than 2025"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "As a member of the Banking Environment Initiative and signatory to the Soft Commodities Compact10 we are committed to help achieve zero net deforestation by 2020 in the palm oil sector [...] for palm oil, we require as a minimum, that the client is a member of RSPO. Furthermore we would expect the client’s operations to be certified in accordance with RSPO or the client’s time-bound commitment to achieve RSPO certification in a reasonable timeframe but not later than 2025"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "As a member of the Banking Environment Initiative and signatory to the Soft Commodities Compact10 we are committed to help achieve zero net deforestation by 2020 in the palm oil sector [...] for palm oil, we require as a minimum, that the client is a member of RSPO. Furthermore we would expect the client’s operations to be certified in accordance with RSPO or the client’s time-bound commitment to achieve RSPO certification in a reasonable timeframe but not later than 2025"
          • 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
            "Any transaction involving financing for companies active in the upstream production and primary processing of the outlined soft commodities (for example growers or operator of mills) in non-OECD countries requires enhanced ES review. In addition to compliance with national legislation and the presence of all applicable permits we will look at a number of sector-specific factors including the client�s management systems and track record. [...] for palm oil, we require as a minimum, that the client is a member of RSPO. Furthermore we would expect the client’s operations to be certified in accordance with RSPO or the client’s time-bound commitment to achieve RSPO certification in a reasonable timeframe but not later than 2025" "; (All supply chain stages) "Deutsche Bank will not engage in any activities or relationships where there is clear evidence of severe human rights violations and/or damage to the environment. To this end, we will not knowingly finance: - activities within or in close proximity to a World Heritage Site unless there is a prior consensus with both Government and UNESCO that such operations will not adversely affect the Outstanding Universal Value of the Site; — projects or activities located in or involving the clearing of primary forests, areas of High Conservation Value (HCV) or peatlands, illegal logging or uncontrolled and/or illegal use of fire"
        • Companies must be legally operated
          3.1/4.6
          • Commitment details
            Companies own operations - Required
            1.5/3
            Commitment details
            Companies own operations - Required
            1.5/3
            "In our transactions with clients, we expect, as a minimum, that they meet applicable ES laws and regulations, and that they hold relevant licenses and permits. At Deutsche Bank, we also expect our clients to consider international best practice approaches."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "In our transactions with clients, we expect, as a minimum, that they meet applicable ES laws and regulations, and that they hold relevant licenses and permits. At Deutsche Bank, we also expect our clients to consider international best practice approaches."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "In our transactions with clients, we expect, as a minimum, that they meet applicable ES laws and regulations, and that they hold relevant licenses and permits. At Deutsche Bank, we also expect our clients to consider international best practice approaches."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "In our transactions with clients, we expect, as a minimum, that they meet applicable ES laws and regulations, and that they hold relevant licenses and permits. At Deutsche Bank, we also expect our clients to consider international best practice approaches."
          • 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 our transactions with clients, we expect, as a minimum, that they meet applicable ES laws and regulations, and that they hold relevant licenses and permits. At Deutsche Bank, we also expect our clients to consider international best practice approaches."
        • Companies must monitor operations
          5.6/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            Type of policy: Assurance mechanism

            Certification scheme (if applicable): RSPO
             "As a member of the Banking Environment Initiative and signatory to the Soft Commodities Compact10 we are committed to help achieve zero net deforestation by 2020 in the palm oil sector [...] for palm oil, we require as a minimum, that the client is a member of RSPO. Furthermore we would expect the client’s operations to be certified in accordance with RSPO or the client’s time-bound commitment to achieve RSPO certification in a reasonable timeframe but not later than 2025"
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
             "As a member of the Banking Environment Initiative and signatory to the Soft Commodities Compact10 we are committed to help achieve zero net deforestation by 2020 in the palm oil sector [...] for palm oil, we require as a minimum, that the client is a member of RSPO. Furthermore we would expect the client’s operations to be certified in accordance with RSPO or the client’s time-bound commitment to achieve RSPO certification in a reasonable timeframe but not later than 2025"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
             "As a member of the Banking Environment Initiative and signatory to the Soft Commodities Compact10 we are committed to help achieve zero net deforestation by 2020 in the palm oil sector [...] for palm oil, we require as a minimum, that the client is a member of RSPO. Furthermore we would expect the client’s operations to be certified in accordance with RSPO or the client’s time-bound commitment to achieve RSPO certification in a reasonable timeframe but not later than 2025"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
             "As a member of the Banking Environment Initiative and signatory to the Soft Commodities Compact10 we are committed to help achieve zero net deforestation by 2020 in the palm oil sector [...] for palm oil, we require as a minimum, that the client is a member of RSPO. Furthermore we would expect the client’s operations to be certified in accordance with RSPO or the client’s time-bound commitment to achieve RSPO certification in a reasonable timeframe but not later than 2025"
          • 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
             "As a member of the Banking Environment Initiative and signatory to the Soft Commodities Compact10 we are committed to help achieve zero net deforestation by 2020 in the palm oil sector [...] for palm oil, we require as a minimum, that the client is a member of RSPO. Furthermore we would expect the client’s operations to be certified in accordance with RSPO or the client’s time-bound commitment to achieve RSPO certification in a reasonable timeframe but not later than 2025"
        • Companies must conduct risk assessments
          5.4/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            "Further, we expect clients to demonstrate:[...]  policies on new developments including a commitment to conduct a High Conservation Value (HCV) assessment before any new plantation development. This involves identifying and conserving land with a high ecological, cultural or social value"
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Further, we expect clients to demonstrate:[...]  policies on new developments including a commitment to conduct a High Conservation Value (HCV) assessment before any new plantation development. This involves identifying and conserving land with a high ecological, cultural or social value"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Further, we expect clients to demonstrate:[...]  policies on new developments including a commitment to conduct a High Conservation Value (HCV) assessment before any new plantation development. This involves identifying and conserving land with a high ecological, cultural or social value"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Further, we expect clients to demonstrate:[...]  policies on new developments including a commitment to conduct a High Conservation Value (HCV) assessment before any new plantation development. This involves identifying and conserving land with a high ecological, cultural or social value"
          • 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
            "Further, we expect clients to demonstrate:[...]  policies on new developments including a commitment to conduct a High Conservation Value (HCV) assessment before any new plantation development. This involves identifying and conserving land with a high ecological, cultural or social value"
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        10/27
        • Company must ensure Free, Prior and Informed Consent
          5.6/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            "We recognise the vulnerability of indigenous peoples and the connection to ancestral lands, as defined by the UN Declaration on the Rights of Indigenous Peoples. In cases where we can identify potential impacts on indigenous peoples, we expect our clients to act in alignment with the objectives and requirements of the IFC PS 7 on Indigenous People. For circumstances outlined in the IFC PS 7, we expect clients to obtain the Free Prior and Informed Consent of affected communities. "
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "We recognise the vulnerability of indigenous peoples and the connection to ancestral lands, as defined by the UN Declaration on the Rights of Indigenous Peoples. In cases where we can identify potential impacts on indigenous peoples, we expect our clients to act in alignment with the objectives and requirements of the IFC PS 7 on Indigenous People. For circumstances outlined in the IFC PS 7, we expect clients to obtain the Free Prior and Informed Consent of affected communities. "
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "We recognise the vulnerability of indigenous peoples and the connection to ancestral lands, as defined by the UN Declaration on the Rights of Indigenous Peoples. In cases where we can identify potential impacts on indigenous peoples, we expect our clients to act in alignment with the objectives and requirements of the IFC PS 7 on Indigenous People. For circumstances outlined in the IFC PS 7, we expect clients to obtain the Free Prior and Informed Consent of affected communities. "
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "We recognise the vulnerability of indigenous peoples and the connection to ancestral lands, as defined by the UN Declaration on the Rights of Indigenous Peoples. In cases where we can identify potential impacts on indigenous peoples, we expect our clients to act in alignment with the objectives and requirements of the IFC PS 7 on Indigenous People. For circumstances outlined in the IFC PS 7, we expect clients to obtain the Free Prior and Informed Consent of affected communities. "
          • 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 recognise the vulnerability of indigenous peoples and the connection to ancestral lands, as defined by the UN Declaration on the Rights of Indigenous Peoples. In cases where we can identify potential impacts on indigenous peoples, we expect our clients to act in alignment with the objectives and requirements of the IFC PS 7 on Indigenous People. For circumstances outlined in the IFC PS 7, we expect clients to obtain the Free Prior and Informed Consent of affected communities. "
        • Companies must have a grievance mechanism
          3.4/5.6
          • Commitment details
            Encouraged
            2/4
            Commitment details
            Encouraged
            2/4
            "Further, 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)."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Further, 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)."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Further, 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)."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Further, 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)."
          • 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
            "Further, 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)."
        • Company must respect labour rights
          2.2/5.6
          • Commitment details
            Companies own operations - Encouraged
            1/4
            Commitment details
            Companies own operations - Encouraged
            1/4
            Type of policy: Discrimination; Forced Labour; Child Labour; Freedom of Association

            Does the financial institution ask the company to protect the health and safety of its own operations or its supply chain workers?: Yes
            "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; Workplace health and safety"
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
            "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"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            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"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            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"
          • 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"
        • 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
            None
            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
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        18/31
        • Commitments must be timebound
          Required
          5/5
          Commitments must be timebound
          Required
          5/5
          "As a member of the Banking Environment Initiative and signatory to the Soft Commodities Compact10 we are committed to help achieve zero net deforestation by 2020 in the palm oil sector [...] for palm oil, we require as a minimum, that the client is a member of RSPO. Furthermore we would expect the client’s operations to be certified in accordance with RSPO or the client’s time-bound commitment to achieve RSPO certification in a reasonable timeframe but not later than 2025"
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          Annual or more frequent review
          2/2
          Policy is reviewed and updated
          Annual or more frequent review
          2/2
          "Our ES Policy Framework is reviewed annually– or as events occur – to reflect changes in the environment in which we operate."
        • Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          Monitoring and non-compliance process
          Screening and monitoring process
          5/5
           "While conducting ES risk reviews for non-project finance, we assess our clients’ ES risk management systems, including governance and capacity to address ES risks. We look for policies and commitments, as well as a responsible approach to stakeholder engagement and disclosure. We also assess their track record. In this review, we rely on publicly available information such as corporate disclosure, media, and external data providers. We may also engage with clients directly and, depending on the risk profile, more intense ES due diligence may be required in accordance with our general and sector-specific ES provisions."
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          Reports number/proportion of portfolio companies covered by the deforestation policy; Reports number/proportion/outcome of portfolio companies which have been engaged with on deforestation-risk or compliance with the policy/time-bound plans; Reports number/proportion of portfolio companies compliant with the deforestation policy or their own timebound plans
          6/6
          Reporting on implementation of the policy
          Reports number/proportion of portfolio companies covered by the deforestation policy; Reports number/proportion/outcome of portfolio companies which have been engaged with on deforestation-risk or compliance with the policy/time-bound plans; Reports number/proportion of portfolio companies compliant with the deforestation policy or their own timebound plans
          6/6
          "The following charts illustrate the latest publicly available certification status of Deutsche Bank´s clients operating in the palm oil, soy and timber sectors. We also highlight data access limitations, as well as the steps that Deutsche Bank has taken in line with its commitments."
        • Ethical product in portfolio
          No
    • Soy
      47/90
      • Commitment Strength
        18/31
        • Commodity-specific deforestation financing policy
          6.4/9.6
          • Commitment details
            Zero-net deforestation
            5/8
            Commitment details
            Zero-net deforestation
            5/8
            "As a member of the Banking Environment Initiative and signatory to the Soft Commodities Compact10 we are committed to help achieve zero net deforestation by 2020 in the palm oil, timber, soy and beef sectors."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "As a member of the Banking Environment Initiative and signatory to the Soft Commodities Compact10 we are committed to help achieve zero net deforestation by 2020 in the palm oil, timber, soy and beef sectors."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "As a member of the Banking Environment Initiative and signatory to the Soft Commodities Compact10 we are committed to help achieve zero net deforestation by 2020 in the palm oil, timber, soy and beef sectors."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "As a member of the Banking Environment Initiative and signatory to the Soft Commodities Compact10 we are committed to help achieve zero net deforestation by 2020 in the palm oil, timber, soy and beef sectors."
          • 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 member of the Banking Environment Initiative and signatory to the Soft Commodities Compact10 we are committed to help achieve zero net deforestation by 2020 in the palm oil, timber, soy and beef sectors."
        • Companies must be legally operated
          3.1/4.6
          • Commitment details
            Companies own operations - Required
            1.5/3
            Commitment details
            Companies own operations - Required
            1.5/3
            "In our transactions with clients, we expect, as a minimum, that they meet applicable ES laws and regulations, and that they hold relevant licenses and permits. At Deutsche Bank, we also expect our clients to consider international best practice approaches."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "In our transactions with clients, we expect, as a minimum, that they meet applicable ES laws and regulations, and that they hold relevant licenses and permits. At Deutsche Bank, we also expect our clients to consider international best practice approaches."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "In our transactions with clients, we expect, as a minimum, that they meet applicable ES laws and regulations, and that they hold relevant licenses and permits. At Deutsche Bank, we also expect our clients to consider international best practice approaches."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "In our transactions with clients, we expect, as a minimum, that they meet applicable ES laws and regulations, and that they hold relevant licenses and permits. At Deutsche Bank, we also expect our clients to consider international best practice approaches."
          • 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 our transactions with clients, we expect, as a minimum, that they meet applicable ES laws and regulations, and that they hold relevant licenses and permits. At Deutsche Bank, we also expect our clients to consider international best practice approaches."
        • Companies must monitor operations
          3.6/5.6
          • Commitment details
            Encouraged
            2/4
            Commitment details
            Encouraged
            2/4
            Certification scheme (if applicable): RTRS

            Type of policy: Assurance mechanism
            "As a member of the Banking Environment Initiative and signatory to the Soft Commodities Compact10 we are committed to help achieve zero net deforestation by 2020 in the palm oil, timber, soy and beef sectors [...] 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"
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "As a member of the Banking Environment Initiative and signatory to the Soft Commodities Compact10 we are committed to help achieve zero net deforestation by 2020 in the palm oil, timber, soy and beef sectors [...] 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"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "As a member of the Banking Environment Initiative and signatory to the Soft Commodities Compact10 we are committed to help achieve zero net deforestation by 2020 in the palm oil, timber, soy and beef sectors [...] 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"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "As a member of the Banking Environment Initiative and signatory to the Soft Commodities Compact10 we are committed to help achieve zero net deforestation by 2020 in the palm oil, timber, soy and beef sectors [...] 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"
          • 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
            "As a member of the Banking Environment Initiative and signatory to the Soft Commodities Compact10 we are committed to help achieve zero net deforestation by 2020 in the palm oil, timber, soy and beef sectors [...] 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"
        • Companies must conduct risk assessments
          5.4/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            "Further, we expect clients to demonstrate:[...]  policies on new developments including a commitment to conduct a High Conservation Value (HCV) assessment before any new plantation development. This involves identifying and conserving land with a high ecological, cultural or social value"
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Further, we expect clients to demonstrate:[...]  policies on new developments including a commitment to conduct a High Conservation Value (HCV) assessment before any new plantation development. This involves identifying and conserving land with a high ecological, cultural or social value"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Further, we expect clients to demonstrate:[...]  policies on new developments including a commitment to conduct a High Conservation Value (HCV) assessment before any new plantation development. This involves identifying and conserving land with a high ecological, cultural or social value"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Further, we expect clients to demonstrate:[...]  policies on new developments including a commitment to conduct a High Conservation Value (HCV) assessment before any new plantation development. This involves identifying and conserving land with a high ecological, cultural or social value"
          • 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
            "Further, we expect clients to demonstrate:[...]  policies on new developments including a commitment to conduct a High Conservation Value (HCV) assessment before any new plantation development. This involves identifying and conserving land with a high ecological, cultural or social value"
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        10/27
        • Company must ensure Free, Prior and Informed Consent
          5.6/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            "We recognise the vulnerability of indigenous peoples and the connection to ancestral lands, as defined by the UN Declaration on the Rights of Indigenous Peoples. In cases where we can identify potential impacts on indigenous peoples, we expect our clients to act in alignment with the objectives and requirements of the IFC PS 7 on Indigenous People. For circumstances outlined in the IFC PS 7, we expect clients to obtain the Free Prior and Informed Consent of affected communities. "
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "We recognise the vulnerability of indigenous peoples and the connection to ancestral lands, as defined by the UN Declaration on the Rights of Indigenous Peoples. In cases where we can identify potential impacts on indigenous peoples, we expect our clients to act in alignment with the objectives and requirements of the IFC PS 7 on Indigenous People. For circumstances outlined in the IFC PS 7, we expect clients to obtain the Free Prior and Informed Consent of affected communities. "
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "We recognise the vulnerability of indigenous peoples and the connection to ancestral lands, as defined by the UN Declaration on the Rights of Indigenous Peoples. In cases where we can identify potential impacts on indigenous peoples, we expect our clients to act in alignment with the objectives and requirements of the IFC PS 7 on Indigenous People. For circumstances outlined in the IFC PS 7, we expect clients to obtain the Free Prior and Informed Consent of affected communities. "
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "We recognise the vulnerability of indigenous peoples and the connection to ancestral lands, as defined by the UN Declaration on the Rights of Indigenous Peoples. In cases where we can identify potential impacts on indigenous peoples, we expect our clients to act in alignment with the objectives and requirements of the IFC PS 7 on Indigenous People. For circumstances outlined in the IFC PS 7, we expect clients to obtain the Free Prior and Informed Consent of affected communities. "
          • 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 recognise the vulnerability of indigenous peoples and the connection to ancestral lands, as defined by the UN Declaration on the Rights of Indigenous Peoples. In cases where we can identify potential impacts on indigenous peoples, we expect our clients to act in alignment with the objectives and requirements of the IFC PS 7 on Indigenous People. For circumstances outlined in the IFC PS 7, we expect clients to obtain the Free Prior and Informed Consent of affected communities. "
        • Companies must have a grievance mechanism
          3.4/5.6
          • Commitment details
            Encouraged
            2/4
            Commitment details
            Encouraged
            2/4
             "Further, 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)."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Further, 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)."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Further, 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)."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Further, 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)."
          • 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
            "Further, 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)."
        • Company must respect labour rights
          2.2/5.6
          • Commitment details
            Companies own operations - Encouraged
            1/4
            Commitment details
            Companies own operations - Encouraged
            1/4
            Type of policy: Discrimination; Forced Labour; Child Labour; Freedom of Association

            Does the financial institution ask the company to protect the health and safety of its own operations or its supply chain workers?: Yes
            "In considering ESG matters of potential investments, DWSpays particular attention to the following aspects of theprinciples set out in the appendix: [...] General human rights; Prohibition of child labor and forced labor; Imperative Non-discrimination; Freedom of association and trade unionism; Workplace health and safety"
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
            "In considering ESG matters of potential investments, DWSpays particular attention to the following aspects of theprinciples set out in the appendix: [...] General human rights; Prohibition of child labor and forced labor; Imperative Non-discrimination; Freedom of association and trade unionism; Workplace health and safety"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "In considering ESG matters of potential investments, DWSpays particular attention to the following aspects of theprinciples set out in the appendix: [...] General human rights; Prohibition of child labor and forced labor; Imperative Non-discrimination; Freedom of association and trade unionism; Workplace health and safety"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "In considering ESG matters of potential investments, DWSpays particular attention to the following aspects of theprinciples set out in the appendix: [...] General human rights; Prohibition of child labor and forced labor; Imperative Non-discrimination; Freedom of association and trade unionism; Workplace health and safety"
          • 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, DWSpays particular attention to the following aspects of theprinciples set out in the appendix: [...] General human rights; Prohibition of child labor and forced labor; Imperative Non-discrimination; Freedom of association and trade unionism; Workplace health and safety"
        • 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
            None
            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
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        18/31
        • Commitments must be timebound
          Required
          5/5
          Commitments must be timebound
          Required
          5/5
          "As a member of the Banking Environment Initiative and signatory to the Soft Commodities Compact10 we are committed to help achieve zero net deforestation by 2020 in the palm oil, timber, soy and beef sectors [...] 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"
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          Annual or more frequent review
          2/2
          Policy is reviewed and updated
          Annual or more frequent review
          2/2
          "Our ES Policy Framework is reviewed annually– or as events occur – to reflect changes in the environment in which we operate."
        • Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          "While conducting ES risk reviews for non-project finance, we assess our clients’ ES risk management systems, including governance and capacity to address ES risks. We look for policies and commitments, as well as a responsible approach to stakeholder engagement and disclosure. We also assess their track record. In this review, we rely on publicly available information such as corporate disclosure, media, and external data providers. We may also engage with clients directly and, depending on the risk profile, more intense ES due diligence may be required in accordance with our general and sector-specific ES provisions."
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          Reports number/proportion of portfolio companies covered by the deforestation policy; Reports number/proportion/outcome of portfolio companies which have been engaged with on deforestation-risk or compliance with the policy/time-bound plans; Reports number/proportion of portfolio companies compliant with the deforestation policy or their own timebound plans
          6/6
          Reporting on implementation of the policy
          Reports number/proportion of portfolio companies covered by the deforestation policy; Reports number/proportion/outcome of portfolio companies which have been engaged with on deforestation-risk or compliance with the policy/time-bound plans; Reports number/proportion of portfolio companies compliant with the deforestation policy or their own timebound plans
          6/6
          "The following charts illustrate the latest publicly available certification status of Deutsche Bank´s clients operating in the palm oil, soy and timber sectors. We also highlight data access limitations, as well as the steps that Deutsche Bank has taken in line with its commitments."
        • Ethical product in portfolio
          No
    • Timber, Pulp & Paper
      48/90
      • Commitment Strength
        20/31
        • Commodity-specific deforestation financing policy
          6.4/9.6
          • Commitment details
            Zero-net deforestation
            5/8
            Commitment details
            Zero-net deforestation
            5/8
            "As a member of the Banking Environment Initiative and signatory to the Soft Commodities Compact10 we are committed to help achieve zero net deforestation by 2020 in the palm oil, timber, soy and beef sectors."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "As a member of the Banking Environment Initiative and signatory to the Soft Commodities Compact10 we are committed to help achieve zero net deforestation by 2020 in the palm oil, timber, soy and beef sectors."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "As a member of the Banking Environment Initiative and signatory to the Soft Commodities Compact10 we are committed to help achieve zero net deforestation by 2020 in the palm oil, timber, soy and beef sectors."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "As a member of the Banking Environment Initiative and signatory to the Soft Commodities Compact10 we are committed to help achieve zero net deforestation by 2020 in the palm oil, timber, soy and beef sectors."
          • 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 member of the Banking Environment Initiative and signatory to the Soft Commodities Compact10 we are committed to help achieve zero net deforestation by 2020 in the palm oil, timber, soy and beef sectors."
        • Companies must be legally operated
          3.1/4.6
          • Commitment details
            Companies own operations - Required
            1.5/3
            Commitment details
            Companies own operations - Required
            1.5/3
            "In our transactions with clients, we expect, as a minimum, that they meet applicable ES laws and regulations, and that they hold relevant licenses and permits. At Deutsche Bank, we also expect our clients to consider international best practice approaches."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "In our transactions with clients, we expect, as a minimum, that they meet applicable ES laws and regulations, and that they hold relevant licenses and permits. At Deutsche Bank, we also expect our clients to consider international best practice approaches."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "In our transactions with clients, we expect, as a minimum, that they meet applicable ES laws and regulations, and that they hold relevant licenses and permits. At Deutsche Bank, we also expect our clients to consider international best practice approaches."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "In our transactions with clients, we expect, as a minimum, that they meet applicable ES laws and regulations, and that they hold relevant licenses and permits. At Deutsche Bank, we also expect our clients to consider international best practice approaches."
          • 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 our transactions with clients, we expect, as a minimum, that they meet applicable ES laws and regulations, and that they hold relevant licenses and permits. At Deutsche Bank, we also expect our clients to consider international best practice approaches."
        • Companies must monitor operations
          5.4/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            Certification scheme (if applicable): FSC

            Type of policy: Assurance mechanism
            "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)"
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "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)"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            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)"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            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)"
          • 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 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)"
        • Companies must conduct risk assessments
          5.4/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            "Further, we expect clients to demonstrate:[...]  policies on new developments including a commitment to conduct a High Conservation Value (HCV) assessment before any new plantation development. This involves identifying and conserving land with a high ecological, cultural or social value"
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Further, we expect clients to demonstrate:[...]  policies on new developments including a commitment to conduct a High Conservation Value (HCV) assessment before any new plantation development. This involves identifying and conserving land with a high ecological, cultural or social value"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Further, we expect clients to demonstrate:[...]  policies on new developments including a commitment to conduct a High Conservation Value (HCV) assessment before any new plantation development. This involves identifying and conserving land with a high ecological, cultural or social value"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Further, we expect clients to demonstrate:[...]  policies on new developments including a commitment to conduct a High Conservation Value (HCV) assessment before any new plantation development. This involves identifying and conserving land with a high ecological, cultural or social value"
          • 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
            "Further, we expect clients to demonstrate:[...]  policies on new developments including a commitment to conduct a High Conservation Value (HCV) assessment before any new plantation development. This involves identifying and conserving land with a high ecological, cultural or social value"
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        10/27
        • Company must ensure Free, Prior and Informed Consent
          5.6/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            "We recognise the vulnerability of indigenous peoples and the connection to ancestral lands, as defined by the UN Declaration on the Rights of Indigenous Peoples. In cases where we can identify potential impacts on indigenous peoples, we expect our clients to act in alignment with the objectives and requirements of the IFC PS 7 on Indigenous People. For circumstances outlined in the IFC PS 7, we expect clients to obtain the Free Prior and Informed Consent of affected communities. "
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "We recognise the vulnerability of indigenous peoples and the connection to ancestral lands, as defined by the UN Declaration on the Rights of Indigenous Peoples. In cases where we can identify potential impacts on indigenous peoples, we expect our clients to act in alignment with the objectives and requirements of the IFC PS 7 on Indigenous People. For circumstances outlined in the IFC PS 7, we expect clients to obtain the Free Prior and Informed Consent of affected communities. "
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "We recognise the vulnerability of indigenous peoples and the connection to ancestral lands, as defined by the UN Declaration on the Rights of Indigenous Peoples. In cases where we can identify potential impacts on indigenous peoples, we expect our clients to act in alignment with the objectives and requirements of the IFC PS 7 on Indigenous People. For circumstances outlined in the IFC PS 7, we expect clients to obtain the Free Prior and Informed Consent of affected communities. "
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "We recognise the vulnerability of indigenous peoples and the connection to ancestral lands, as defined by the UN Declaration on the Rights of Indigenous Peoples. In cases where we can identify potential impacts on indigenous peoples, we expect our clients to act in alignment with the objectives and requirements of the IFC PS 7 on Indigenous People. For circumstances outlined in the IFC PS 7, we expect clients to obtain the Free Prior and Informed Consent of affected communities. "
          • 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 recognise the vulnerability of indigenous peoples and the connection to ancestral lands, as defined by the UN Declaration on the Rights of Indigenous Peoples. In cases where we can identify potential impacts on indigenous peoples, we expect our clients to act in alignment with the objectives and requirements of the IFC PS 7 on Indigenous People. For circumstances outlined in the IFC PS 7, we expect clients to obtain the Free Prior and Informed Consent of affected communities. "
        • Companies must have a grievance mechanism
          3.4/5.6
          • Commitment details
            Encouraged
            2/4
            Commitment details
            Encouraged
            2/4
            "Further, 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)."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Further, 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)."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Further, 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)."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Further, 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)."
          • 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
            "Further, 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)."
        • Company must respect labour rights
          2.2/5.6
          • Commitment details
            Companies own operations - Encouraged
            1/4
            Commitment details
            Companies own operations - Encouraged
            1/4
            Type of policy: Discrimination; Forced Labour; Child Labour; Freedom of Association

            Does the financial institution ask the company to protect the health and safety of its own operations or its supply chain workers?: Yes