-
Overall approach12/16
-
Overarching commitment on deforestation12/16
-
-
Commodity score32/64
-
Beef & Leather28/64
-
Commitment Strength23/42
-
Commodity-specific financing policy9/9.6
-
Commitment detailsYes8/8
-
Policy applies to all operations and financingSubset0.2/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesSubset0.2/0.4
-
Policy applies to all stages of the supply chainProducers; Processors0.2/0.4
-
-
Companies must be legally operated5/5.6
-
Commitment detailsEntire supply chain - Require4/4
-
Policy applies to all operations and financingSubset0.2/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesSubset0.2/0.4
-
Policy applies to all stages of the supply chainProducers; Processors0.2/0.4
-
-
Companies must protect priority forests or globally important landscapes9/9.6
-
Commitment detailsAll high priority landscapes - Require8/8
-
Policy applies to all operations and financingSubset0.2/0.4
-
Policy applies to all dealsSubset0.2/0.4
-
Policy applies to all companiesSubset0.2/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Assurance mechanism to ensure compliance0/5.6
-
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 chainNo0/0.4
-
-
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 chainNo0/0.4
-
-
Commitments must be timebound0/5.6
-
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 chainNo0/0.4
-
-
-
Social Considerations5/22
-
Company must ensure Free, Prior and Informed Consent5/5.6
-
Commitment detailsYes - Require4/4
-
Policy applies to all operations and financingSubset0.2/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesSubset0.2/0.4
-
Policy applies to all stages of the supply chainProducers; Processors0.2/0.4
-
-
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 chainNo0/0.4
-
-
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 chainNo0/0.4
-
-
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 chainNo0/0.4
-
-
-
-
Palm oil40/64
-
Commitment Strength34/42
-
Commodity-specific financing policy9.2/9.6
-
Commitment detailsYes8/8
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesSubset0.2/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders0.2/0.4
-
-
Companies must be legally operated5.2/5.6
-
Commitment detailsEntire supply chain - Require4/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesSubset0.2/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders0.2/0.4
-
-
Companies must protect priority forests or globally important landscapes9.4/9.6
-
Commitment detailsAll high priority landscapes - Require8/8
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsSubset0.2/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Assurance mechanism to ensure compliance5.2/5.6
-
Commitment detailsRequire4/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesSubset0.2/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders0.2/0.4
-
-
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 chainNo0/0.4
-
-
Commitments must be timebound5.2/5.6
-
Commitment detailsRequire4/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesSubset0.2/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders0.2/0.4
-
-
-
Social Considerations5/22
-
Company must ensure Free, Prior and Informed Consent5.2/5.6
-
Commitment detailsYes - Require4/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesSubset0.2/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders0.2/0.4
-
-
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 chainNo0/0.4
-
-
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 chainNo0/0.4
-
-
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 chainNo0/0.4
-
-
-
-
Soy28/64
-
Commitment Strength23/42
-
Commodity-specific financing policy9/9.6
-
Commitment detailsYes8/8
-
Policy applies to all operations and financingSubset0.2/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesSubset0.2/0.4
-
Policy applies to all stages of the supply chainProducers; Processors0.2/0.4
-
-
Companies must be legally operated5/5.6
-
Commitment detailsEntire supply chain - Require4/4
-
Policy applies to all operations and financingSubset0.2/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesSubset0.2/0.4
-
Policy applies to all stages of the supply chainProducers; Processors0.2/0.4
-
-
Companies must protect priority forests or globally important landscapes8.8/9.6
-
Commitment detailsAll high priority landscapes - Require8/8
-
Policy applies to all operations and financingSubset0.2/0.4
-
Policy applies to all dealsSubset0.2/0.4
-
Policy applies to all companiesSubset0.2/0.4
-
Policy applies to all stages of the supply chainProducers; Processors0.2/0.4
-
-
Assurance mechanism to ensure compliance0/5.6
-
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 chainNo0/0.4
-
-
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 chainNo0/0.4
-
-
Commitments must be timebound0/5.6
-
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 chainNo0/0.4
-
-
-
Social Considerations5/22
-
Company must ensure Free, Prior and Informed Consent5/5.6
-
Commitment detailsYes - Require4/4
-
Policy applies to all operations and financingSubset0.2/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesSubset0.2/0.4
-
Policy applies to all stages of the supply chainProducers; Processors0.2/0.4
-
-
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 chainNo0/0.4
-
-
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 chainNo0/0.4
-
-
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 chainNo0/0.4
-
-
-
-
Timber, Pulp & Paper33/64
-
Commitment Strength33/42
-
Commodity-specific financing policy9.5/9.6
-
Commitment detailsYes8/8
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers0.3/0.4
-
-
Companies must be legally operated5.5/5.6
-
Commitment detailsEntire supply chain - Require4/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers0.3/0.4
-
-
Companies must protect priority forests or globally important landscapes7.4/9.6
-
Commitment detailsAll high priority landscapes - Encourage6/8
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsSubset0.2/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Assurance mechanism to ensure compliance5.5/5.6
-
Commitment detailsRequire4/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers0.3/0.4
-
-
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 chainNo0/0.4
-
-
Commitments must be timebound5.5/5.6
-
Commitment detailsRequire4/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers0.3/0.4
-
-
-
Social Considerations0/22
-
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 chain00/0.4
-
-
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 chainNo0/0.4
-
-
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 chainNo0/0.4
-
-
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 chainNo0/0.4
-
-
-
-
-
Reporting & Implementation10/20
-
Policy is reviewed and updated3/5
-
Companies must disclose subsidiaries in commodity supply chains0/5
-
Monitoring and non-compliance process5/5
-
Reporting on implementation of the policy3/5
-
-
Commitment strength28/42
-
Social considerations4/22
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 10 lenders to Forest 500 companies, with loans amounting to more than 68 billion USD across a broad range of forest risk sectors. They are also among the top 80 shareholders for Forest 500 companies, with more than 4 billion USD worth of shares.
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.