-
Overall approach7/10
-
Overarching commitment on deforestation4/6
-
Deforestation as a business risk2/2
-
Target to reduce emissions in scope 1/2
-
Company must have anti-corruption policy1/2
-
-
Commodity score34/90
-
Beef & Leather31/90
-
Commitment Strength12/31
-
Commodity-specific deforestation financing policy7.2/9.6
-
Commitment detailsZero-gross deforestation6/8
-
Policy applies to all operations and financingAll financing0.4/0.4
-
Policy applies to all dealsAll financing0.4/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must be legally operated0/4.6
-
Commitment detailsNo commitment0/3
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must monitor operations0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must conduct risk assessments0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must specify a cut-off date5.2/5.6
-
Commitment detailsRequired4/4
-
Policy applies to all operations and financingAll financing0.4/0.4
-
Policy applies to all dealsAll financing0.4/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
-
Social Considerations5/28
-
Company must ensure Free, Prior and Informed Consent5.2/5.6
-
Commitment detailsRequired4/4
-
Policy applies to all operations and financingAll financing0.4/0.4
-
Policy applies to all dealsAll financing0.4/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must have a grievance mechanism0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Company must respect labour rights0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Company must address gender equality issues0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must encourage the inclusion of small-scale farmers0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must resolve land conflicts0/1.6
-
Commitment detailsNo
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
-
Reporting and Implementation14/31
-
Commitments must be timeboundEncouraged2.5/5
-
Companies must disclose subsidiaries in commodity supply chainsNo0/4
-
Companies must disclose locationsNo0/4
-
Policy is reviewed and updatedTimeline for review unclear or review conducted less frequently than annually1/2
-
Monitoring and non-compliance processScreening and monitoring process5/5
-
Engagement with non-compliant companiesEngage with non-compliant companies with a time-bound threat of divestment5/5
-
Reporting on implementation of the policyNo0/6
-
Ethical product in portfolioNo
-
-
-
Palm oil38/90
-
Commitment Strength16/31
-
Commodity-specific deforestation financing policy7.2/9.6
-
Commitment detailsZero-gross deforestation6/8
-
Policy applies to all operations and financingAll financing0.4/0.4
-
Policy applies to all dealsAll financing0.4/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must be legally operated4.2/4.6
-
Commitment detailsCompanies entire supply chain - Required3/3
-
Policy applies to all operations and financingAll financing0.4/0.4
-
Policy applies to all dealsAll financing0.4/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must monitor operations5/5.6
-
Commitment detailsRequired4/4
-
Policy applies to all operations and financingAll financing0.4/0.4
-
Policy applies to all dealsAll financing0.4/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders0.2/0.4
-
-
Companies must conduct risk assessments0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must specify a cut-off date0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
-
Social Considerations5/28
-
Company must ensure Free, Prior and Informed Consent5.2/5.6
-
Commitment detailsRequired4/4
-
Policy applies to all operations and financingAll financing0.4/0.4
-
Policy applies to all dealsAll financing0.4/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must have a grievance mechanism0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Company must respect labour rights0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Company must address gender equality issues0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must encourage the inclusion of small-scale farmers0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must resolve land conflicts0/1.6
-
Commitment detailsNo
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
-
Reporting and Implementation16/31
-
Commitments must be timeboundRequired5/5
-
Companies must disclose subsidiaries in commodity supply chainsNo0/4
-
Companies must disclose locationsNo0/4
-
Policy is reviewed and updatedTimeline for review unclear or review conducted less frequently than annually1/2
-
Monitoring and non-compliance processScreening and monitoring process5/5
-
Engagement with non-compliant companiesEngage with non-compliant companies with a time-bound threat of divestment5/5
-
Reporting on implementation of the policyNo0/6
-
Ethical product in portfolioNo
-
-
-
Soy34/90
-
Commitment Strength15/31
-
Commodity-specific deforestation financing policy7.2/9.6
-
Commitment detailsZero-gross deforestation6/8
-
Policy applies to all operations and financingAll financing0.4/0.4
-
Policy applies to all dealsAll financing0.4/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must be legally operated0/4.6
-
Commitment detailsNo commitment0/3
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must monitor operations2.8/5.6
-
Commitment detailsEncouraged2/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsAll financing0.4/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must conduct risk assessments0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must specify a cut-off date5.2/5.6
-
Commitment detailsRequired4/4
-
Policy applies to all operations and financingAll financing0.4/0.4
-
Policy applies to all dealsAll financing0.4/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
-
Social Considerations5/28
-
Company must ensure Free, Prior and Informed Consent5.2/5.6
-
Commitment detailsRequired4/4
-
Policy applies to all operations and financingAll financing0.4/0.4
-
Policy applies to all dealsAll financing0.4/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must have a grievance mechanism0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Company must respect labour rights0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Company must address gender equality issues0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must encourage the inclusion of small-scale farmers0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must resolve land conflicts0/1.6
-
Commitment detailsNo
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
-
Reporting and Implementation14/31
-
Commitments must be timeboundEncouraged2.5/5
-
Companies must disclose subsidiaries in commodity supply chainsNo0/4
-
Companies must disclose locationsNo0/4
-
Policy is reviewed and updatedTimeline for review unclear or review conducted less frequently than annually1/2
-
Monitoring and non-compliance processScreening and monitoring process5/5
-
Engagement with non-compliant companiesEngage with non-compliant companies with a time-bound threat of divestment5/5
-
Reporting on implementation of the policyNo0/6
-
Ethical product in portfolioNo
-
-
-
Timber, Pulp & Paper33/90
-
Commitment Strength17/31
-
Commodity-specific deforestation financing policy7.1/9.6
-
Commitment detailsZero-gross deforestation6/8
-
Policy applies to all operations and financingAll financing0.4/0.4
-
Policy applies to all dealsAll financing0.4/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers0.3/0.4
-
-
Companies must be legally operated4.6/4.6
-
Commitment detailsCompanies entire supply chain - Required3/3
-
Policy applies to all operations and financingAll financing0.4/0.4
-
Policy applies to all dealsAll financing0.4/0.4
-
Policy applies to all companiesAll financing0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must monitor operations5.1/5.6
-
Commitment detailsRequired4/4
-
Policy applies to all operations and financingAll financing0.4/0.4
-
Policy applies to all dealsAll financing0.4/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers0.3/0.4
-
-
Companies must conduct risk assessments0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must specify a cut-off date0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
-
Social Considerations0/28
-
Company must ensure Free, Prior and Informed Consent0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must have a grievance mechanism0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Company must respect labour rights0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Company must address gender equality issues0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must encourage the inclusion of small-scale farmers0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must resolve land conflicts0/1.6
-
Commitment detailsNo
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
-
Reporting and Implementation16/31
-
Commitments must be timeboundRequired5/5
-
Companies must disclose subsidiaries in commodity supply chainsNo0/4
-
Companies must disclose locationsNo0/4
-
Policy is reviewed and updatedTimeline for review unclear or review conducted less frequently than annually1/2
-
Monitoring and non-compliance processScreening and monitoring process5/5
-
Engagement with non-compliant companiesEngage with non-compliant companies with a time-bound threat of divestment5/5
-
Reporting on implementation of the policyNo0/6
-
Ethical product in portfolioNo
-
-
-
-
Commitment strength15/31
-
Reporting and Implementation15/31
-
Social considerations4/28
Profile
HSBC are an international banking group headquartered in London serving private and commercial clients. Their services include corporate finance, insurance, and investments, securities, wealth management and retail banking services. As of 2017, HSBC's total assets amount to more than 2.4 trillion USD, with approximately 1 trillion USD in loans. HSBC are among the top lenders and shareholders to Forest 500 companies, across a broad range of forest risk sectors.
Disclaimer
This assessment has been carried out following the methodology developed for the Forest 500 project, available here. Please see our disclaimer applicable to all information contained within this site and our terms and conditions for use of data presented on this site.
All assessments use policies published on company and financial institution websites, and while we endeavor to keep them updated some links may have changed or been removed since the time of assessment.
Please contact us with any concerns or feedback about this or other assessments included in the Forest 500.