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Select an assessment year:

  • Overall approach
    2/10
    • Overarching commitment on deforestation
      0/6
    • Deforestation as a business risk
      0/2
    • Target to reduce emissions in scope 1/2
    • Company must have anti-corruption policy
      2/2
      Yes, both an anti-corruption policy and a policy on prohibiting abusive tax arrangements
      2/2
      [Translation] "In the LBBW Group, ethical aspects such as human rights, working conditions, environmental protection and anti-corruption are taken into account in lending and investing. Of course, we do not support illegal activities such as tax evasion or tax honesty and crime."
  • Commodity score
    13/90
    • Beef & Leather
      13/90
      • Commitment Strength
        3/31
        • Commodity-specific deforestation financing policy
          0/9.6
          • Commitment details
            No commitment
            0/8
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must be legally operated
          2.6/4.6
          • Commitment details
            Companies own operations - Encouraged
            1/3
            Commitment details
            Companies own operations - Encouraged
            1/3
            "Dealing with customers and business partners: We do not enter into business relationships with partners who obviously violate laws or international conventions, conceal their true identity or ownership structure, engage in money laundering or finance terrorism"
          • 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
            "Dealing with customers and business partners: We do not enter into business relationships with partners who obviously violate laws or international conventions, conceal their true identity or ownership structure, engage in money laundering or finance terrorism"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Dealing with customers and business partners: We do not enter into business relationships with partners who obviously violate laws or international conventions, conceal their true identity or ownership structure, engage in money laundering or finance terrorism"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Dealing with customers and business partners: We do not enter into business relationships with partners who obviously violate laws or international conventions, conceal their true identity or ownership structure, engage in money laundering or finance terrorism"
          • 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
            "Dealing with customers and business partners: We do not enter into business relationships with partners who obviously violate laws or international conventions, conceal their true identity or ownership structure, engage in money laundering or finance terrorism"
        • 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
          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 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
            [Translation] "In the case of project financing in which we can identify possible effects on indigenous peoples, we expect our corporate customers to act in accordance with the goals and requirements of IFC Performance Standard PS 7 (»Indigenous Peoples«). We assume that the voluntary, prior and informed consent (FPIC) is obtained from the affected groups and that they are actively involved in decision-making and implementation processes."
          • 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
            [Translation] "In the case of project financing in which we can identify possible effects on indigenous peoples, we expect our corporate customers to act in accordance with the goals and requirements of IFC Performance Standard PS 7 (»Indigenous Peoples«). We assume that the voluntary, prior and informed consent (FPIC) is obtained from the affected groups and that they are actively involved in decision-making and implementation processes."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            [Translation] "In the case of project financing in which we can identify possible effects on indigenous peoples, we expect our corporate customers to act in accordance with the goals and requirements of IFC Performance Standard PS 7 (»Indigenous Peoples«). We assume that the voluntary, prior and informed consent (FPIC) is obtained from the affected groups and that they are actively involved in decision-making and implementation processes."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            [Translation] "In the case of project financing in which we can identify possible effects on indigenous peoples, we expect our corporate customers to act in accordance with the goals and requirements of IFC Performance Standard PS 7 (»Indigenous Peoples«). We assume that the voluntary, prior and informed consent (FPIC) is obtained from the affected groups and that they are actively involved in decision-making and implementation processes."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            [Translation] "In the case of project financing in which we can identify possible effects on indigenous peoples, we expect our corporate customers to act in accordance with the goals and requirements of IFC Performance Standard PS 7 (»Indigenous Peoples«). We assume that the voluntary, prior and informed consent (FPIC) is obtained from the affected groups and that they are actively involved in decision-making and implementation processes."
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          3.2/5.6
          • Commitment details
            Companies own operations - Required
            2/4
            Commitment details
            Companies own operations - Required
            2/4
            Type of policy: ILO; Discrimination; Forced Labour; Child Labour; Freedom of Association
            "In 2011, sustainability criteria were defined for the investment of LBBW’s free unappropriated equity. The criteria were revised in 2016. They now apply to significantly more portfolios. New investments are categorically rejected based on exclusion criteria if they involve child labor or company violations of human and workers’ rights [...] Child labor: At a country level, that means: It is considered a violation if the employment of children is widespread in a country. At a company level, that means: see workers’ rights exclusion criteria (child labor is part of the exclusion criterion). Violation of workers’ rights: At a country level, that means: It is considered a violation if working conditions in a country are especially poor, particularly regarding minimum wages, working hours, and health and safety. At a company level, that means: It is considered a violation to flagrantly breach at least one of the four fundamental principles of the ILO Declaration on Fundamental Principles and Rights at Work (freedom of association and collective bargaining, forced or compulsory labor, child labor, and discrimination)."
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
            "In 2011, sustainability criteria were defined for the investment of LBBW’s free unappropriated equity. The criteria were revised in 2016. They now apply to significantly more portfolios. New investments are categorically rejected based on exclusion criteria if they involve child labor or company violations of human and workers’ rights [...] Child labor: At a country level, that means: It is considered a violation if the employment of children is widespread in a country. At a company level, that means: see workers’ rights exclusion criteria (child labor is part of the exclusion criterion). Violation of workers’ rights: At a country level, that means: It is considered a violation if working conditions in a country are especially poor, particularly regarding minimum wages, working hours, and health and safety. At a company level, that means: It is considered a violation to flagrantly breach at least one of the four fundamental principles of the ILO Declaration on Fundamental Principles and Rights at Work (freedom of association and collective bargaining, forced or compulsory labor, child labor, and discrimination)."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "In 2011, sustainability criteria were defined for the investment of LBBW’s free unappropriated equity. The criteria were revised in 2016. They now apply to significantly more portfolios. New investments are categorically rejected based on exclusion criteria if they involve child labor or company violations of human and workers’ rights [...] Child labor: At a country level, that means: It is considered a violation if the employment of children is widespread in a country. At a company level, that means: see workers’ rights exclusion criteria (child labor is part of the exclusion criterion). Violation of workers’ rights: At a country level, that means: It is considered a violation if working conditions in a country are especially poor, particularly regarding minimum wages, working hours, and health and safety. At a company level, that means: It is considered a violation to flagrantly breach at least one of the four fundamental principles of the ILO Declaration on Fundamental Principles and Rights at Work (freedom of association and collective bargaining, forced or compulsory labor, child labor, and discrimination)."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "In 2011, sustainability criteria were defined for the investment of LBBW’s free unappropriated equity. The criteria were revised in 2016. They now apply to significantly more portfolios. New investments are categorically rejected based on exclusion criteria if they involve child labor or company violations of human and workers’ rights [...] Child labor: At a country level, that means: It is considered a violation if the employment of children is widespread in a country. At a company level, that means: see workers’ rights exclusion criteria (child labor is part of the exclusion criterion). Violation of workers’ rights: At a country level, that means: It is considered a violation if working conditions in a country are especially poor, particularly regarding minimum wages, working hours, and health and safety. At a company level, that means: It is considered a violation to flagrantly breach at least one of the four fundamental principles of the ILO Declaration on Fundamental Principles and Rights at Work (freedom of association and collective bargaining, forced or compulsory labor, child labor, and discrimination)."
          • 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 2011, sustainability criteria were defined for the investment of LBBW’s free unappropriated equity. The criteria were revised in 2016. They now apply to significantly more portfolios. New investments are categorically rejected based on exclusion criteria if they involve child labor or company violations of human and workers’ rights [...] Child labor: At a country level, that means: It is considered a violation if the employment of children is widespread in a country. At a company level, that means: see workers’ rights exclusion criteria (child labor is part of the exclusion criterion). Violation of workers’ rights: At a country level, that means: It is considered a violation if working conditions in a country are especially poor, particularly regarding minimum wages, working hours, and health and safety. At a company level, that means: It is considered a violation to flagrantly breach at least one of the four fundamental principles of the ILO Declaration on Fundamental Principles and Rights at Work (freedom of association and collective bargaining, forced or compulsory labor, child labor, and discrimination)."
        • Company must address gender equality issues
          2.1/5.6
          • Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            [Translation] "LBBW attaches great importance to the fact that the companies in which it invests or which it finances integrate criteria on climate change, corruption / anti-corruption as well as human and labor rights into their procurement and operating guidelines, as well as clauses on compliance with criteria including climate change and corruption in their contracts with subcontractors and suppliers. The same applies to gender-specific, women's rights and tax criteria in the procurement and operating guidelines as well as to the inclusion of clauses on compliance with tax criteria in their contracts with subcontractors and suppliers."
          • 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
            [Translation] "LBBW attaches great importance to the fact that the companies in which it invests or which it finances integrate criteria on climate change, corruption / anti-corruption as well as human and labor rights into their procurement and operating guidelines, as well as clauses on compliance with criteria including climate change and corruption in their contracts with subcontractors and suppliers. The same applies to gender-specific, women's rights and tax criteria in the procurement and operating guidelines as well as to the inclusion of clauses on compliance with tax criteria in their contracts with subcontractors and suppliers."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            [Translation] "LBBW attaches great importance to the fact that the companies in which it invests or which it finances integrate criteria on climate change, corruption / anti-corruption as well as human and labor rights into their procurement and operating guidelines, as well as clauses on compliance with criteria including climate change and corruption in their contracts with subcontractors and suppliers. The same applies to gender-specific, women's rights and tax criteria in the procurement and operating guidelines as well as to the inclusion of clauses on compliance with tax criteria in their contracts with subcontractors and suppliers."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            [Translation] "LBBW attaches great importance to the fact that the companies in which it invests or which it finances integrate criteria on climate change, corruption / anti-corruption as well as human and labor rights into their procurement and operating guidelines, as well as clauses on compliance with criteria including climate change and corruption in their contracts with subcontractors and suppliers. The same applies to gender-specific, women's rights and tax criteria in the procurement and operating guidelines as well as to the inclusion of clauses on compliance with tax criteria in their contracts with subcontractors and suppliers."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            [Translation] "LBBW attaches great importance to the fact that the companies in which it invests or which it finances integrate criteria on climate change, corruption / anti-corruption as well as human and labor rights into their procurement and operating guidelines, as well as clauses on compliance with criteria including climate change and corruption in their contracts with subcontractors and suppliers. The same applies to gender-specific, women's rights and tax criteria in the procurement and operating guidelines as well as to the inclusion of clauses on compliance with tax criteria in their contracts with subcontractors and suppliers."
        • 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
        0/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          No
          0/2
        • Monitoring and non-compliance process
          No
          0/5
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
    • Palm oil
      13/90
      • Commitment Strength
        3/31
        • Commodity-specific deforestation financing policy
          0/9.6
          • Commitment details
            No commitment
            0/8
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must be legally operated
          2.6/4.6
          • Commitment details
            Companies own operations - Encouraged
            1/3
            Commitment details
            Companies own operations - Encouraged
            1/3
            "Dealing with customers and business partners: We do not enter into business relationships with partners who obviously violate laws or international conventions, conceal their true identity or ownership structure, engage in money laundering or finance terrorism"
          • 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
            "Dealing with customers and business partners: We do not enter into business relationships with partners who obviously violate laws or international conventions, conceal their true identity or ownership structure, engage in money laundering or finance terrorism"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Dealing with customers and business partners: We do not enter into business relationships with partners who obviously violate laws or international conventions, conceal their true identity or ownership structure, engage in money laundering or finance terrorism"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Dealing with customers and business partners: We do not enter into business relationships with partners who obviously violate laws or international conventions, conceal their true identity or ownership structure, engage in money laundering or finance terrorism"
          • 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
            "Dealing with customers and business partners: We do not enter into business relationships with partners who obviously violate laws or international conventions, conceal their true identity or ownership structure, engage in money laundering or finance terrorism"
        • 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
          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 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
            [Translation] "In the case of project financing in which we can identify possible effects on indigenous peoples, we expect our corporate customers to act in accordance with the goals and requirements of IFC Performance Standard PS 7 (»Indigenous Peoples«). We assume that the voluntary, prior and informed consent (FPIC) is obtained from the affected groups and that they are actively involved in decision-making and implementation processes."
          • 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
            [Translation] "In the case of project financing in which we can identify possible effects on indigenous peoples, we expect our corporate customers to act in accordance with the goals and requirements of IFC Performance Standard PS 7 (»Indigenous Peoples«). We assume that the voluntary, prior and informed consent (FPIC) is obtained from the affected groups and that they are actively involved in decision-making and implementation processes."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            [Translation] "In the case of project financing in which we can identify possible effects on indigenous peoples, we expect our corporate customers to act in accordance with the goals and requirements of IFC Performance Standard PS 7 (»Indigenous Peoples«). We assume that the voluntary, prior and informed consent (FPIC) is obtained from the affected groups and that they are actively involved in decision-making and implementation processes."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            [Translation] "In the case of project financing in which we can identify possible effects on indigenous peoples, we expect our corporate customers to act in accordance with the goals and requirements of IFC Performance Standard PS 7 (»Indigenous Peoples«). We assume that the voluntary, prior and informed consent (FPIC) is obtained from the affected groups and that they are actively involved in decision-making and implementation processes."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            [Translation] "In the case of project financing in which we can identify possible effects on indigenous peoples, we expect our corporate customers to act in accordance with the goals and requirements of IFC Performance Standard PS 7 (»Indigenous Peoples«). We assume that the voluntary, prior and informed consent (FPIC) is obtained from the affected groups and that they are actively involved in decision-making and implementation processes."
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          3.2/5.6
          • Commitment details
            Companies own operations - Required
            2/4
            Commitment details
            Companies own operations - Required
            2/4
            Type of policy: ILO; Discrimination; Forced Labour; Child Labour; Freedom of Association
            "In 2011, sustainability criteria were defined for the investment of LBBW’s free unappropriated equity. The criteria were revised in 2016. They now apply to significantly more portfolios. New investments are categorically rejected based on exclusion criteria if they involve child labor or company violations of human and workers’ rights [...] Child labor: At a country level, that means: It is considered a violation if the employment of children is widespread in a country. At a company level, that means: see workers’ rights exclusion criteria (child labor is part of the exclusion criterion). Violation of workers’ rights: At a country level, that means: It is considered a violation if working conditions in a country are especially poor, particularly regarding minimum wages, working hours, and health and safety. At a company level, that means: It is considered a violation to flagrantly breach at least one of the four fundamental principles of the ILO Declaration on Fundamental Principles and Rights at Work (freedom of association and collective bargaining, forced or compulsory labor, child labor, and discrimination)."
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
            "In 2011, sustainability criteria were defined for the investment of LBBW’s free unappropriated equity. The criteria were revised in 2016. They now apply to significantly more portfolios. New investments are categorically rejected based on exclusion criteria if they involve child labor or company violations of human and workers’ rights [...] Child labor: At a country level, that means: It is considered a violation if the employment of children is widespread in a country. At a company level, that means: see workers’ rights exclusion criteria (child labor is part of the exclusion criterion). Violation of workers’ rights: At a country level, that means: It is considered a violation if working conditions in a country are especially poor, particularly regarding minimum wages, working hours, and health and safety. At a company level, that means: It is considered a violation to flagrantly breach at least one of the four fundamental principles of the ILO Declaration on Fundamental Principles and Rights at Work (freedom of association and collective bargaining, forced or compulsory labor, child labor, and discrimination)."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "In 2011, sustainability criteria were defined for the investment of LBBW’s free unappropriated equity. The criteria were revised in 2016. They now apply to significantly more portfolios. New investments are categorically rejected based on exclusion criteria if they involve child labor or company violations of human and workers’ rights [...] Child labor: At a country level, that means: It is considered a violation if the employment of children is widespread in a country. At a company level, that means: see workers’ rights exclusion criteria (child labor is part of the exclusion criterion). Violation of workers’ rights: At a country level, that means: It is considered a violation if working conditions in a country are especially poor, particularly regarding minimum wages, working hours, and health and safety. At a company level, that means: It is considered a violation to flagrantly breach at least one of the four fundamental principles of the ILO Declaration on Fundamental Principles and Rights at Work (freedom of association and collective bargaining, forced or compulsory labor, child labor, and discrimination)."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "In 2011, sustainability criteria were defined for the investment of LBBW’s free unappropriated equity. The criteria were revised in 2016. They now apply to significantly more portfolios. New investments are categorically rejected based on exclusion criteria if they involve child labor or company violations of human and workers’ rights [...] Child labor: At a country level, that means: It is considered a violation if the employment of children is widespread in a country. At a company level, that means: see workers’ rights exclusion criteria (child labor is part of the exclusion criterion). Violation of workers’ rights: At a country level, that means: It is considered a violation if working conditions in a country are especially poor, particularly regarding minimum wages, working hours, and health and safety. At a company level, that means: It is considered a violation to flagrantly breach at least one of the four fundamental principles of the ILO Declaration on Fundamental Principles and Rights at Work (freedom of association and collective bargaining, forced or compulsory labor, child labor, and discrimination)."
          • 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 2011, sustainability criteria were defined for the investment of LBBW’s free unappropriated equity. The criteria were revised in 2016. They now apply to significantly more portfolios. New investments are categorically rejected based on exclusion criteria if they involve child labor or company violations of human and workers’ rights [...] Child labor: At a country level, that means: It is considered a violation if the employment of children is widespread in a country. At a company level, that means: see workers’ rights exclusion criteria (child labor is part of the exclusion criterion). Violation of workers’ rights: At a country level, that means: It is considered a violation if working conditions in a country are especially poor, particularly regarding minimum wages, working hours, and health and safety. At a company level, that means: It is considered a violation to flagrantly breach at least one of the four fundamental principles of the ILO Declaration on Fundamental Principles and Rights at Work (freedom of association and collective bargaining, forced or compulsory labor, child labor, and discrimination)."
        • Company must address gender equality issues
          2.1/5.6
          • Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            [Translation] "LBBW attaches great importance to the fact that the companies in which it invests or which it finances integrate criteria on climate change, corruption / anti-corruption as well as human and labor rights into their procurement and operating guidelines, as well as clauses on compliance with criteria including climate change and corruption in their contracts with subcontractors and suppliers. The same applies to gender-specific, women's rights and tax criteria in the procurement and operating guidelines as well as to the inclusion of clauses on compliance with tax criteria in their contracts with subcontractors and suppliers."
          • 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
            [Translation] "LBBW attaches great importance to the fact that the companies in which it invests or which it finances integrate criteria on climate change, corruption / anti-corruption as well as human and labor rights into their procurement and operating guidelines, as well as clauses on compliance with criteria including climate change and corruption in their contracts with subcontractors and suppliers. The same applies to gender-specific, women's rights and tax criteria in the procurement and operating guidelines as well as to the inclusion of clauses on compliance with tax criteria in their contracts with subcontractors and suppliers."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            [Translation] "LBBW attaches great importance to the fact that the companies in which it invests or which it finances integrate criteria on climate change, corruption / anti-corruption as well as human and labor rights into their procurement and operating guidelines, as well as clauses on compliance with criteria including climate change and corruption in their contracts with subcontractors and suppliers. The same applies to gender-specific, women's rights and tax criteria in the procurement and operating guidelines as well as to the inclusion of clauses on compliance with tax criteria in their contracts with subcontractors and suppliers."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            [Translation] "LBBW attaches great importance to the fact that the companies in which it invests or which it finances integrate criteria on climate change, corruption / anti-corruption as well as human and labor rights into their procurement and operating guidelines, as well as clauses on compliance with criteria including climate change and corruption in their contracts with subcontractors and suppliers. The same applies to gender-specific, women's rights and tax criteria in the procurement and operating guidelines as well as to the inclusion of clauses on compliance with tax criteria in their contracts with subcontractors and suppliers."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            [Translation] "LBBW attaches great importance to the fact that the companies in which it invests or which it finances integrate criteria on climate change, corruption / anti-corruption as well as human and labor rights into their procurement and operating guidelines, as well as clauses on compliance with criteria including climate change and corruption in their contracts with subcontractors and suppliers. The same applies to gender-specific, women's rights and tax criteria in the procurement and operating guidelines as well as to the inclusion of clauses on compliance with tax criteria in their contracts with subcontractors and suppliers."
        • 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
        0/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          No
          0/2
        • Monitoring and non-compliance process
          No
          0/5
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
    • Soy
      13/90
      • Commitment Strength
        3/31
        • Commodity-specific deforestation financing policy
          0/9.6
          • Commitment details
            No commitment
            0/8
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must be legally operated
          2.6/4.6
          • Commitment details
            Companies own operations - Encouraged
            1/3
            Commitment details
            Companies own operations - Encouraged
            1/3
            "Dealing with customers and business partners: We do not enter into business relationships with partners who obviously violate laws or international conventions, conceal their true identity or ownership structure, engage in money laundering or finance terrorism"
          • 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
            "Dealing with customers and business partners: We do not enter into business relationships with partners who obviously violate laws or international conventions, conceal their true identity or ownership structure, engage in money laundering or finance terrorism"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Dealing with customers and business partners: We do not enter into business relationships with partners who obviously violate laws or international conventions, conceal their true identity or ownership structure, engage in money laundering or finance terrorism"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Dealing with customers and business partners: We do not enter into business relationships with partners who obviously violate laws or international conventions, conceal their true identity or ownership structure, engage in money laundering or finance terrorism"
          • 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
            "Dealing with customers and business partners: We do not enter into business relationships with partners who obviously violate laws or international conventions, conceal their true identity or ownership structure, engage in money laundering or finance terrorism"
        • 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
          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 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
          5.4/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            [Translation] "In the case of project financing in which we can identify possible effects on indigenous peoples, we expect our corporate customers to act in accordance with the goals and requirements of IFC Performance Standard PS 7 (»Indigenous Peoples«). We assume that the voluntary, prior and informed consent (FPIC) is obtained from the affected groups and that they are actively involved in decision-making and implementation processes."
          • 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
            [Translation] "In the case of project financing in which we can identify possible effects on indigenous peoples, we expect our corporate customers to act in accordance with the goals and requirements of IFC Performance Standard PS 7 (»Indigenous Peoples«). We assume that the voluntary, prior and informed consent (FPIC) is obtained from the affected groups and that they are actively involved in decision-making and implementation processes."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            [Translation] "In the case of project financing in which we can identify possible effects on indigenous peoples, we expect our corporate customers to act in accordance with the goals and requirements of IFC Performance Standard PS 7 (»Indigenous Peoples«). We assume that the voluntary, prior and informed consent (FPIC) is obtained from the affected groups and that they are actively involved in decision-making and implementation processes."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            [Translation] "In the case of project financing in which we can identify possible effects on indigenous peoples, we expect our corporate customers to act in accordance with the goals and requirements of IFC Performance Standard PS 7 (»Indigenous Peoples«). We assume that the voluntary, prior and informed consent (FPIC) is obtained from the affected groups and that they are actively involved in decision-making and implementation processes."
          • 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
            [Translation] "In the case of project financing in which we can identify possible effects on indigenous peoples, we expect our corporate customers to act in accordance with the goals and requirements of IFC Performance Standard PS 7 (»Indigenous Peoples«). We assume that the voluntary, prior and informed consent (FPIC) is obtained from the affected groups and that they are actively involved in decision-making and implementation processes."
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          3.2/5.6
          • Commitment details
            Companies own operations - Required
            2/4
            Commitment details
            Companies own operations - Required
            2/4
            Type of policy: ILO; Discrimination; Forced Labour; Child Labour; Freedom of Association
            "In 2011, sustainability criteria were defined for the investment of LBBW’s free unappropriated equity. The criteria were revised in 2016. They now apply to significantly more portfolios. New investments are categorically rejected based on exclusion criteria if they involve child labor or company violations of human and workers’ rights [...] Child labor: At a country level, that means: It is considered a violation if the employment of children is widespread in a country. At a company level, that means: see workers’ rights exclusion criteria (child labor is part of the exclusion criterion). Violation of workers’ rights: At a country level, that means: It is considered a violation if working conditions in a country are especially poor, particularly regarding minimum wages, working hours, and health and safety. At a company level, that means: It is considered a violation to flagrantly breach at least one of the four fundamental principles of the ILO Declaration on Fundamental Principles and Rights at Work (freedom of association and collective bargaining, forced or compulsory labor, child labor, and discrimination)."
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
            "In 2011, sustainability criteria were defined for the investment of LBBW’s free unappropriated equity. The criteria were revised in 2016. They now apply to significantly more portfolios. New investments are categorically rejected based on exclusion criteria if they involve child labor or company violations of human and workers’ rights [...] Child labor: At a country level, that means: It is considered a violation if the employment of children is widespread in a country. At a company level, that means: see workers’ rights exclusion criteria (child labor is part of the exclusion criterion). Violation of workers’ rights: At a country level, that means: It is considered a violation if working conditions in a country are especially poor, particularly regarding minimum wages, working hours, and health and safety. At a company level, that means: It is considered a violation to flagrantly breach at least one of the four fundamental principles of the ILO Declaration on Fundamental Principles and Rights at Work (freedom of association and collective bargaining, forced or compulsory labor, child labor, and discrimination)."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "In 2011, sustainability criteria were defined for the investment of LBBW’s free unappropriated equity. The criteria were revised in 2016. They now apply to significantly more portfolios. New investments are categorically rejected based on exclusion criteria if they involve child labor or company violations of human and workers’ rights [...] Child labor: At a country level, that means: It is considered a violation if the employment of children is widespread in a country. At a company level, that means: see workers’ rights exclusion criteria (child labor is part of the exclusion criterion). Violation of workers’ rights: At a country level, that means: It is considered a violation if working conditions in a country are especially poor, particularly regarding minimum wages, working hours, and health and safety. At a company level, that means: It is considered a violation to flagrantly breach at least one of the four fundamental principles of the ILO Declaration on Fundamental Principles and Rights at Work (freedom of association and collective bargaining, forced or compulsory labor, child labor, and discrimination)."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "In 2011, sustainability criteria were defined for the investment of LBBW’s free unappropriated equity. The criteria were revised in 2016. They now apply to significantly more portfolios. New investments are categorically rejected based on exclusion criteria if they involve child labor or company violations of human and workers’ rights [...] Child labor: At a country level, that means: It is considered a violation if the employment of children is widespread in a country. At a company level, that means: see workers’ rights exclusion criteria (child labor is part of the exclusion criterion). Violation of workers’ rights: At a country level, that means: It is considered a violation if working conditions in a country are especially poor, particularly regarding minimum wages, working hours, and health and safety. At a company level, that means: It is considered a violation to flagrantly breach at least one of the four fundamental principles of the ILO Declaration on Fundamental Principles and Rights at Work (freedom of association and collective bargaining, forced or compulsory labor, child labor, and discrimination)."
          • 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 2011, sustainability criteria were defined for the investment of LBBW’s free unappropriated equity. The criteria were revised in 2016. They now apply to significantly more portfolios. New investments are categorically rejected based on exclusion criteria if they involve child labor or company violations of human and workers’ rights [...] Child labor: At a country level, that means: It is considered a violation if the employment of children is widespread in a country. At a company level, that means: see workers’ rights exclusion criteria (child labor is part of the exclusion criterion). Violation of workers’ rights: At a country level, that means: It is considered a violation if working conditions in a country are especially poor, particularly regarding minimum wages, working hours, and health and safety. At a company level, that means: It is considered a violation to flagrantly breach at least one of the four fundamental principles of the ILO Declaration on Fundamental Principles and Rights at Work (freedom of association and collective bargaining, forced or compulsory labor, child labor, and discrimination)."
        • Company must address gender equality issues
          2.1/5.6
          • Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            [Translation] "LBBW attaches great importance to the fact that the companies in which it invests or which it finances integrate criteria on climate change, corruption / anti-corruption as well as human and labor rights into their procurement and operating guidelines, as well as clauses on compliance with criteria including climate change and corruption in their contracts with subcontractors and suppliers. The same applies to gender-specific, women's rights and tax criteria in the procurement and operating guidelines as well as to the inclusion of clauses on compliance with tax criteria in their contracts with subcontractors and suppliers."
          • 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
            [Translation] "LBBW attaches great importance to the fact that the companies in which it invests or which it finances integrate criteria on climate change, corruption / anti-corruption as well as human and labor rights into their procurement and operating guidelines, as well as clauses on compliance with criteria including climate change and corruption in their contracts with subcontractors and suppliers. The same applies to gender-specific, women's rights and tax criteria in the procurement and operating guidelines as well as to the inclusion of clauses on compliance with tax criteria in their contracts with subcontractors and suppliers."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            [Translation] "LBBW attaches great importance to the fact that the companies in which it invests or which it finances integrate criteria on climate change, corruption / anti-corruption as well as human and labor rights into their procurement and operating guidelines, as well as clauses on compliance with criteria including climate change and corruption in their contracts with subcontractors and suppliers. The same applies to gender-specific, women's rights and tax criteria in the procurement and operating guidelines as well as to the inclusion of clauses on compliance with tax criteria in their contracts with subcontractors and suppliers."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            [Translation] "LBBW attaches great importance to the fact that the companies in which it invests or which it finances integrate criteria on climate change, corruption / anti-corruption as well as human and labor rights into their procurement and operating guidelines, as well as clauses on compliance with criteria including climate change and corruption in their contracts with subcontractors and suppliers. The same applies to gender-specific, women's rights and tax criteria in the procurement and operating guidelines as well as to the inclusion of clauses on compliance with tax criteria in their contracts with subcontractors and suppliers."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            [Translation] "LBBW attaches great importance to the fact that the companies in which it invests or which it finances integrate criteria on climate change, corruption / anti-corruption as well as human and labor rights into their procurement and operating guidelines, as well as clauses on compliance with criteria including climate change and corruption in their contracts with subcontractors and suppliers. The same applies to gender-specific, women's rights and tax criteria in the procurement and operating guidelines as well as to the inclusion of clauses on compliance with tax criteria in their contracts with subcontractors and suppliers."
        • 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
        0/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          No
          0/2
        • Monitoring and non-compliance process
          No
          0/5
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
    • Timber, Pulp & Paper
      13/90
      • Commitment Strength
        3/31
        • Commodity-specific deforestation financing policy
          0/9.6
          • Commitment details
            No commitment
            0/8
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must be legally operated
          2.6/4.6
          • Commitment details
            Companies own operations - Encouraged
            1/3
            Commitment details
            Companies own operations - Encouraged
            1/3
            "Dealing with customers and business partners: We do not enter into business relationships with partners who obviously violate laws or international conventions, conceal their true identity or ownership structure, engage in money laundering or finance terrorism"
          • 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
            "Dealing with customers and business partners: We do not enter into business relationships with partners who obviously violate laws or international conventions, conceal their true identity or ownership structure, engage in money laundering or finance terrorism"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Dealing with customers and business partners: We do not enter into business relationships with partners who obviously violate laws or international conventions, conceal their true identity or ownership structure, engage in money laundering or finance terrorism"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Dealing with customers and business partners: We do not enter into business relationships with partners who obviously violate laws or international conventions, conceal their true identity or ownership structure, engage in money laundering or finance terrorism"
          • 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
            "Dealing with customers and business partners: We do not enter into business relationships with partners who obviously violate laws or international conventions, conceal their true identity or ownership structure, engage in money laundering or finance terrorism"
        • 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
          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 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
            [Translation] "In the case of project financing in which we can identify possible effects on indigenous peoples, we expect our corporate customers to act in accordance with the goals and requirements of IFC Performance Standard PS 7 (»Indigenous Peoples«). We assume that the voluntary, prior and informed consent (FPIC) is obtained from the affected groups and that they are actively involved in decision-making and implementation processes."
          • 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
            [Translation] "In the case of project financing in which we can identify possible effects on indigenous peoples, we expect our corporate customers to act in accordance with the goals and requirements of IFC Performance Standard PS 7 (»Indigenous Peoples«). We assume that the voluntary, prior and informed consent (FPIC) is obtained from the affected groups and that they are actively involved in decision-making and implementation processes."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            [Translation] "In the case of project financing in which we can identify possible effects on indigenous peoples, we expect our corporate customers to act in accordance with the goals and requirements of IFC Performance Standard PS 7 (»Indigenous Peoples«). We assume that the voluntary, prior and informed consent (FPIC) is obtained from the affected groups and that they are actively involved in decision-making and implementation processes."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            [Translation] "In the case of project financing in which we can identify possible effects on indigenous peoples, we expect our corporate customers to act in accordance with the goals and requirements of IFC Performance Standard PS 7 (»Indigenous Peoples«). We assume that the voluntary, prior and informed consent (FPIC) is obtained from the affected groups and that they are actively involved in decision-making and implementation processes."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            [Translation] "In the case of project financing in which we can identify possible effects on indigenous peoples, we expect our corporate customers to act in accordance with the goals and requirements of IFC Performance Standard PS 7 (»Indigenous Peoples«). We assume that the voluntary, prior and informed consent (FPIC) is obtained from the affected groups and that they are actively involved in decision-making and implementation processes."
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          3.2/5.6
          • Commitment details
            Companies own operations - Required
            2/4
            Commitment details
            Companies own operations - Required
            2/4
            Type of policy: ILO; Discrimination; Forced Labour; Child Labour; Freedom of Association
            "In 2011, sustainability criteria were defined for the investment of LBBW’s free unappropriated equity. The criteria were revised in 2016. They now apply to significantly more portfolios. New investments are categorically rejected based on exclusion criteria if they involve child labor or company violations of human and workers’ rights [...] Child labor: At a country level, that means: It is considered a violation if the employment of children is widespread in a country. At a company level, that means: see workers’ rights exclusion criteria (child labor is part of the exclusion criterion). Violation of workers’ rights: At a country level, that means: It is considered a violation if working conditions in a country are especially poor, particularly regarding minimum wages, working hours, and health and safety. At a company level, that means: It is considered a violation to flagrantly breach at least one of the four fundamental principles of the ILO Declaration on Fundamental Principles and Rights at Work (freedom of association and collective bargaining, forced or compulsory labor, child labor, and discrimination)."
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
            "In 2011, sustainability criteria were defined for the investment of LBBW’s free unappropriated equity. The criteria were revised in 2016. They now apply to significantly more portfolios. New investments are categorically rejected based on exclusion criteria if they involve child labor or company violations of human and workers’ rights [...] Child labor: At a country level, that means: It is considered a violation if the employment of children is widespread in a country. At a company level, that means: see workers’ rights exclusion criteria (child labor is part of the exclusion criterion). Violation of workers’ rights: At a country level, that means: It is considered a violation if working conditions in a country are especially poor, particularly regarding minimum wages, working hours, and health and safety. At a company level, that means: It is considered a violation to flagrantly breach at least one of the four fundamental principles of the ILO Declaration on Fundamental Principles and Rights at Work (freedom of association and collective bargaining, forced or compulsory labor, child labor, and discrimination)."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "In 2011, sustainability criteria were defined for the investment of LBBW’s free unappropriated equity. The criteria were revised in 2016. They now apply to significantly more portfolios. New investments are categorically rejected based on exclusion criteria if they involve child labor or company violations of human and workers’ rights [...] Child labor: At a country level, that means: It is considered a violation if the employment of children is widespread in a country. At a company level, that means: see workers’ rights exclusion criteria (child labor is part of the exclusion criterion). Violation of workers’ rights: At a country level, that means: It is considered a violation if working conditions in a country are especially poor, particularly regarding minimum wages, working hours, and health and safety. At a company level, that means: It is considered a violation to flagrantly breach at least one of the four fundamental principles of the ILO Declaration on Fundamental Principles and Rights at Work (freedom of association and collective bargaining, forced or compulsory labor, child labor, and discrimination)."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "In 2011, sustainability criteria were defined for the investment of LBBW’s free unappropriated equity. The criteria were revised in 2016. They now apply to significantly more portfolios. New investments are categorically rejected based on exclusion criteria if they involve child labor or company violations of human and workers’ rights [...] Child labor: At a country level, that means: It is considered a violation if the employment of children is widespread in a country. At a company level, that means: see workers’ rights exclusion criteria (child labor is part of the exclusion criterion). Violation of workers’ rights: At a country level, that means: It is considered a violation if working conditions in a country are especially poor, particularly regarding minimum wages, working hours, and health and safety. At a company level, that means: It is considered a violation to flagrantly breach at least one of the four fundamental principles of the ILO Declaration on Fundamental Principles and Rights at Work (freedom of association and collective bargaining, forced or compulsory labor, child labor, and discrimination)."
          • 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 2011, sustainability criteria were defined for the investment of LBBW’s free unappropriated equity. The criteria were revised in 2016. They now apply to significantly more portfolios. New investments are categorically rejected based on exclusion criteria if they involve child labor or company violations of human and workers’ rights [...] Child labor: At a country level, that means: It is considered a violation if the employment of children is widespread in a country. At a company level, that means: see workers’ rights exclusion criteria (child labor is part of the exclusion criterion). Violation of workers’ rights: At a country level, that means: It is considered a violation if working conditions in a country are especially poor, particularly regarding minimum wages, working hours, and health and safety. At a company level, that means: It is considered a violation to flagrantly breach at least one of the four fundamental principles of the ILO Declaration on Fundamental Principles and Rights at Work (freedom of association and collective bargaining, forced or compulsory labor, child labor, and discrimination)."
        • Company must address gender equality issues
          2.1/5.6
          • Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            [Translation] "LBBW attaches great importance to the fact that the companies in which it invests or which it finances integrate criteria on climate change, corruption / anti-corruption as well as human and labor rights into their procurement and operating guidelines, as well as clauses on compliance with criteria including climate change and corruption in their contracts with subcontractors and suppliers. The same applies to gender-specific, women's rights and tax criteria in the procurement and operating guidelines as well as to the inclusion of clauses on compliance with tax criteria in their contracts with subcontractors and suppliers."
          • 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
            [Translation] "LBBW attaches great importance to the fact that the companies in which it invests or which it finances integrate criteria on climate change, corruption / anti-corruption as well as human and labor rights into their procurement and operating guidelines, as well as clauses on compliance with criteria including climate change and corruption in their contracts with subcontractors and suppliers. The same applies to gender-specific, women's rights and tax criteria in the procurement and operating guidelines as well as to the inclusion of clauses on compliance with tax criteria in their contracts with subcontractors and suppliers."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            [Translation] "LBBW attaches great importance to the fact that the companies in which it invests or which it finances integrate criteria on climate change, corruption / anti-corruption as well as human and labor rights into their procurement and operating guidelines, as well as clauses on compliance with criteria including climate change and corruption in their contracts with subcontractors and suppliers. The same applies to gender-specific, women's rights and tax criteria in the procurement and operating guidelines as well as to the inclusion of clauses on compliance with tax criteria in their contracts with subcontractors and suppliers."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            [Translation] "LBBW attaches great importance to the fact that the companies in which it invests or which it finances integrate criteria on climate change, corruption / anti-corruption as well as human and labor rights into their procurement and operating guidelines, as well as clauses on compliance with criteria including climate change and corruption in their contracts with subcontractors and suppliers. The same applies to gender-specific, women's rights and tax criteria in the procurement and operating guidelines as well as to the inclusion of clauses on compliance with tax criteria in their contracts with subcontractors and suppliers."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            [Translation] "LBBW attaches great importance to the fact that the companies in which it invests or which it finances integrate criteria on climate change, corruption / anti-corruption as well as human and labor rights into their procurement and operating guidelines, as well as clauses on compliance with criteria including climate change and corruption in their contracts with subcontractors and suppliers. The same applies to gender-specific, women's rights and tax criteria in the procurement and operating guidelines as well as to the inclusion of clauses on compliance with tax criteria in their contracts with subcontractors and suppliers."
        • 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
        0/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          No
          0/2
        • Monitoring and non-compliance process
          No
          0/5
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
  • Commitment strength
    3/31
    Avg. score
  • Reporting and Implementation
    0/31
    Avg. score
  • Social considerations
    10/28
    Avg. score

Profile

LBBW is a commerical and central bank, headquartered in Germany. It is among the largest lenders to Forest 500 companies, predominantly manufacturers and retailers that are exposed to several forest risk commodities.

HQ
HQ 
Germany
Financial institution type
Financial institution type 
Bank

How we assess the Forest 500

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

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

Disclaimer

This assessment has been carried out following the methodology developed for the Forest 500 project, available here. Please see our disclaimer applicable to all information contained within this site and our terms and conditions for use of data presented on this site.

All assessments use policies published on company and financial institution websites, and while we endeavor to keep them updated some links may have changed or been removed since the time of assessment.

Please contact us with any concerns or feedback about this or other assessments included in the Forest 500.