Download data

Select an assessment year:

  • Overall approach
    8/16
    • Overarching commitment on deforestation
      8/14
      Deforestation commitment
      Reduce deforestation
      8/14
      "Forests provide habitats for various wildlife species. Therefore, they have significant value for biodiversity conservation and protection, as well as serving as important sources of timber for paper, pulp, and other products that support regional economies. Forests additionally play a significant role in mitigating climate change by absorbing and storing carbon dioxide. MUFG recognizes that uncontrolled, large-scale deforestation has severe and negative impacts on the global environment. When we consider providing financing for logging businesses, including the development and management of forest plantations, we assess the status of such client’s consideration for environmental and social impacts. When we consider providing financing for logging businesses, including the development and management of forest plantations, we assess the status of such client’s consideration for environmental and social impacts"
    • Company must have anti-corruption policy
      0/2
  • Commodity score
    36/64
    • Beef & Leather
      27/64
      • Commitment Strength
        18/42
        • Commodity-specific financing policy
          0/9.6
          • Commitment details
            No
            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
          3.6/5.6
          • Commitment details
            Own operations - Require
            2/4
            Commitment details
            Own operations - Require
            2/4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes"
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes"
          • 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
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes"
        • Companies must protect priority forests or globally important landscapes
          9.6/9.6
          • Commitment details
            All high priority landscapes - Required
            8/8
            Commitment details
            All high priority landscapes - Required
            8/8
            "Prohibited TransactionsThe transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. [...] C) Transactions that negatively impact wetlands designated under the Ramsar ConventionD) Transactions that negatively impact UNESCO designated World Heritage SitesE) Transactions violating the Convention on International Trade in Endangered Species of Wild Fauna and Flora (Washington Convention) [...] C) Impact on High Conservation Value areas"
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Prohibited TransactionsThe transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. [...] C) Transactions that negatively impact wetlands designated under the Ramsar ConventionD) Transactions that negatively impact UNESCO designated World Heritage SitesE) Transactions violating the Convention on International Trade in Endangered Species of Wild Fauna and Flora (Washington Convention) [...] C) Impact on High Conservation Value areas"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Prohibited TransactionsThe transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. [...] C) Transactions that negatively impact wetlands designated under the Ramsar ConventionD) Transactions that negatively impact UNESCO designated World Heritage SitesE) Transactions violating the Convention on International Trade in Endangered Species of Wild Fauna and Flora (Washington Convention) [...] C) Impact on High Conservation Value areas"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Prohibited TransactionsThe transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. [...] C) Transactions that negatively impact wetlands designated under the Ramsar ConventionD) Transactions that negatively impact UNESCO designated World Heritage SitesE) Transactions violating the Convention on International Trade in Endangered Species of Wild Fauna and Flora (Washington Convention) [...] C) Impact on High Conservation Value areas"
          • 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
            "Prohibited TransactionsThe transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. [...] C) Transactions that negatively impact wetlands designated under the Ramsar ConventionD) Transactions that negatively impact UNESCO designated World Heritage SitesE) Transactions violating the Convention on International Trade in Endangered Species of Wild Fauna and Flora (Washington Convention) [...] C) Impact on High Conservation Value areas"
        • Assurance mechanism to ensure compliance
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          5.2/5.6
          • Commitment details
            Yes - Require
            4/4
            Commitment details
            Yes - Require
            4/4
            The Arboro Fund states that "As a minimum requirement, following roles shall be fulfilled in every Portfolio Company [...]Managing social risks related to relevant stakeholders, particularly local communities living in or adjacent to the forest production area or depending on its resources. This includes stakeholder engagement, communication, grievance mechanisms and disclosure".
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            The Arboro Fund states that "As a minimum requirement, following roles shall be fulfilled in every Portfolio Company [...]Managing social risks related to relevant stakeholders, particularly local communities living in or adjacent to the forest production area or depending on its resources. This includes stakeholder engagement, communication, grievance mechanisms and disclosure".
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            The Arboro Fund states that "As a minimum requirement, following roles shall be fulfilled in every Portfolio Company [...]Managing social risks related to relevant stakeholders, particularly local communities living in or adjacent to the forest production area or depending on its resources. This includes stakeholder engagement, communication, grievance mechanisms and disclosure".
          • 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
            The Arboro Fund states that "As a minimum requirement, following roles shall be fulfilled in every Portfolio Company [...]Managing social risks related to relevant stakeholders, particularly local communities living in or adjacent to the forest production area or depending on its resources. This includes stakeholder engagement, communication, grievance mechanisms and disclosure".
        • Commitments must be timebound
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        9/22
        • Company must ensure Free, Prior and Informed Consent
          4.8/5.6
          • Commitment details
            Yes - Require
            4/4
            Commitment details
            Yes - Require
            4/4
            The Arboro Fund states that "Where a project may have impacts on indigenous peoples, the Portfolio Company will undertake the following measures [...] Undertake the process of free, prior and informed consent (FPIC) following the requirements of the IFC Performance Standards, the GCF Indigenous Peoples Policy, and the relevant national laws and policies."
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            The Arboro Fund states that "Where a project may have impacts on indigenous peoples, the Portfolio Company will undertake the following measures [...] Undertake the process of free, prior and informed consent (FPIC) following the requirements of the IFC Performance Standards, the GCF Indigenous Peoples Policy, and the relevant national laws and policies."
          • Policy applies to all companies
            No
            0/0.4
            Policy applies to all companies
            No
            0/0.4
            The Arboro Fund states that "Where a project may have impacts on indigenous peoples, the Portfolio Company will undertake the following measures [...] Undertake the process of free, prior and informed consent (FPIC) following the requirements of the IFC Performance Standards, the GCF Indigenous Peoples Policy, and the relevant national laws and policies."
          • 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
            The Arboro Fund states that "Where a project may have impacts on indigenous peoples, the Portfolio Company will undertake the following measures [...] Undertake the process of free, prior and informed consent (FPIC) following the requirements of the IFC Performance Standards, the GCF Indigenous Peoples Policy, and the relevant national laws and policies."
        • Company must respect labour rights
          4.2/5.6
          • Commitment details
            Entire supply chain - Encourage
            3/4
            Commitment details
            Entire supply chain - Encourage
            3/4
            Type of policy: ILO; Discrimination; Forced Labour; Child Labour; Freedom of association
            "The [Arboro] Fund seeks to apply the principles of fair treatment, non-discrimination and equal opportunity for employees and contractors on Fund and Portfolio Company level by complying with the International Labour Organisation Fundamental Conventions" including freedom of association, child labour, forced labour, and discrimination.
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "The [Arboro] Fund seeks to apply the principles of fair treatment, non-discrimination and equal opportunity for employees and contractors on Fund and Portfolio Company level by complying with the International Labour Organisation Fundamental Conventions" including freedom of association, child labour, forced labour, and discrimination.
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "The [Arboro] Fund seeks to apply the principles of fair treatment, non-discrimination and equal opportunity for employees and contractors on Fund and Portfolio Company level by complying with the International Labour Organisation Fundamental Conventions" including freedom of association, child labour, forced labour, 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
            "The [Arboro] Fund seeks to apply the principles of fair treatment, non-discrimination and equal opportunity for employees and contractors on Fund and Portfolio Company level by complying with the International Labour Organisation Fundamental Conventions" including freedom of association, child labour, forced labour, and discrimination.
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
    • Palm oil
      43/64
      • Commitment Strength
        34/42
        • Commodity-specific financing policy
          9.4/9.6
          • Commitment details
            Yes
            8/8
            Commitment details
            Yes
            8/8
            Type of policy: Deforestation-free
            "When considering transactions which fund business activities developing and managing palm oil plantations, we assess the status of such client’s consideration for environmental and social impacts. We encourage clients to become members of the Roundtable on Sustainable Palm Oil (“RSPO”) and request them to certify relevant operations according to recognized certification organizations such as RSPO, when providing finance to the subject business activities mentioned above. We will request clients to submit action plans to achieve certification when relevant operations are not certified."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "When considering transactions which fund business activities developing and managing palm oil plantations, we assess the status of such client’s consideration for environmental and social impacts. We encourage clients to become members of the Roundtable on Sustainable Palm Oil (“RSPO”) and request them to certify relevant operations according to recognized certification organizations such as RSPO, when providing finance to the subject business activities mentioned above. We will request clients to submit action plans to achieve certification when relevant operations are not certified."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "When considering transactions which fund business activities developing and managing palm oil plantations, we assess the status of such client’s consideration for environmental and social impacts. We encourage clients to become members of the Roundtable on Sustainable Palm Oil (“RSPO”) and request them to certify relevant operations according to recognized certification organizations such as RSPO, when providing finance to the subject business activities mentioned above. We will request clients to submit action plans to achieve certification when relevant operations are not certified."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "When considering transactions which fund business activities developing and managing palm oil plantations, we assess the status of such client’s consideration for environmental and social impacts. We encourage clients to become members of the Roundtable on Sustainable Palm Oil (“RSPO”) and request them to certify relevant operations according to recognized certification organizations such as RSPO, when providing finance to the subject business activities mentioned above. We will request clients to submit action plans to achieve certification when relevant operations are not certified."
          • 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
            "When considering transactions which fund business activities developing and managing palm oil plantations, we assess the status of such client’s consideration for environmental and social impacts. We encourage clients to become members of the Roundtable on Sustainable Palm Oil (“RSPO”) and request them to certify relevant operations according to recognized certification organizations such as RSPO, when providing finance to the subject business activities mentioned above. We will request clients to submit action plans to achieve certification when relevant operations are not certified."
        • Companies must be legally operated
          3.6/5.6
          • Commitment details
            Own operations - Require
            2/4
            Commitment details
            Own operations - Require
            2/4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes"
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes"
          • 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
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes"
        • Companies must protect priority forests or globally important landscapes
          9.6/9.6
          • Commitment details
            All high priority landscapes - Required
            8/8
            Commitment details
            All high priority landscapes - Required
            8/8
            "Prohibited TransactionsThe transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. [...] C) Transactions that negatively impact wetlands designated under the Ramsar ConventionD) Transactions that negatively impact UNESCO designated World Heritage SitesE) Transactions violating the Convention on International Trade in Endangered Species of Wild Fauna and Flora (Washington Convention) [...] C) Impact on High Conservation Value areas"
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Prohibited TransactionsThe transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. [...] C) Transactions that negatively impact wetlands designated under the Ramsar ConventionD) Transactions that negatively impact UNESCO designated World Heritage SitesE) Transactions violating the Convention on International Trade in Endangered Species of Wild Fauna and Flora (Washington Convention) [...] C) Impact on High Conservation Value areas"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Prohibited TransactionsThe transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. [...] C) Transactions that negatively impact wetlands designated under the Ramsar ConventionD) Transactions that negatively impact UNESCO designated World Heritage SitesE) Transactions violating the Convention on International Trade in Endangered Species of Wild Fauna and Flora (Washington Convention) [...] C) Impact on High Conservation Value areas"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Prohibited TransactionsThe transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. [...] C) Transactions that negatively impact wetlands designated under the Ramsar ConventionD) Transactions that negatively impact UNESCO designated World Heritage SitesE) Transactions violating the Convention on International Trade in Endangered Species of Wild Fauna and Flora (Washington Convention) [...] C) Impact on High Conservation Value areas"
          • 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
            "Prohibited TransactionsThe transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. [...] C) Transactions that negatively impact wetlands designated under the Ramsar ConventionD) Transactions that negatively impact UNESCO designated World Heritage SitesE) Transactions violating the Convention on International Trade in Endangered Species of Wild Fauna and Flora (Washington Convention) [...] C) Impact on High Conservation Value areas"
        • Assurance mechanism to ensure compliance
          3.4/5.6
          • Commitment details
            Encourage
            2/4
            Commitment details
            Encourage
            2/4
            Certification scheme (if applicable): RSPO

            Verification method: Certification Scheme
            "When considering transactions which fund business activities developing and managing palm oil plantations, we assess the status of such client’s consideration for environmental and social impacts. We encourage clients to become members of the Roundtable on Sustainable Palm Oil (“RSPO”) and request them to certify relevant operations according to recognized certification organizations such as RSPO, when providing finance to the subject business activities mentioned above. We will request clients to submit action plans to achieve certification when relevant operations are not certified."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "When considering transactions which fund business activities developing and managing palm oil plantations, we assess the status of such client’s consideration for environmental and social impacts. We encourage clients to become members of the Roundtable on Sustainable Palm Oil (“RSPO”) and request them to certify relevant operations according to recognized certification organizations such as RSPO, when providing finance to the subject business activities mentioned above. We will request clients to submit action plans to achieve certification when relevant operations are not certified."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "When considering transactions which fund business activities developing and managing palm oil plantations, we assess the status of such client’s consideration for environmental and social impacts. We encourage clients to become members of the Roundtable on Sustainable Palm Oil (“RSPO”) and request them to certify relevant operations according to recognized certification organizations such as RSPO, when providing finance to the subject business activities mentioned above. We will request clients to submit action plans to achieve certification when relevant operations are not certified."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "When considering transactions which fund business activities developing and managing palm oil plantations, we assess the status of such client’s consideration for environmental and social impacts. We encourage clients to become members of the Roundtable on Sustainable Palm Oil (“RSPO”) and request them to certify relevant operations according to recognized certification organizations such as RSPO, when providing finance to the subject business activities mentioned above. We will request clients to submit action plans to achieve certification when relevant operations are not certified."
          • 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
            "When considering transactions which fund business activities developing and managing palm oil plantations, we assess the status of such client’s consideration for environmental and social impacts. We encourage clients to become members of the Roundtable on Sustainable Palm Oil (“RSPO”) and request them to certify relevant operations according to recognized certification organizations such as RSPO, when providing finance to the subject business activities mentioned above. We will request clients to submit action plans to achieve certification when relevant operations are not certified."
        • Companies must have a grievance mechanism
          5.2/5.6
          • Commitment details
            Yes - Require
            4/4
            Commitment details
            Yes - Require
            4/4
            The Arboro Fund states that "As a minimum requirement, following roles shall be fulfilled in every Portfolio Company [...]Managing social risks related to relevant stakeholders, particularly local communities living in or adjacent to the forest production area or depending on its resources. This includes stakeholder engagement, communication, grievance mechanisms and disclosure".
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            The Arboro Fund states that "As a minimum requirement, following roles shall be fulfilled in every Portfolio Company [...]Managing social risks related to relevant stakeholders, particularly local communities living in or adjacent to the forest production area or depending on its resources. This includes stakeholder engagement, communication, grievance mechanisms and disclosure".
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            The Arboro Fund states that "As a minimum requirement, following roles shall be fulfilled in every Portfolio Company [...]Managing social risks related to relevant stakeholders, particularly local communities living in or adjacent to the forest production area or depending on its resources. This includes stakeholder engagement, communication, grievance mechanisms and disclosure".
          • 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
            The Arboro Fund states that "As a minimum requirement, following roles shall be fulfilled in every Portfolio Company [...]Managing social risks related to relevant stakeholders, particularly local communities living in or adjacent to the forest production area or depending on its resources. This includes stakeholder engagement, communication, grievance mechanisms and disclosure".
        • Commitments must be timebound
          3.4/5.6
          • Commitment details
            Encourage
            2/4
            Commitment details
            Encourage
            2/4
            Type of policy: Companies set own deadline but must be timebound
            "When considering transactions which fund business activities developing and managing palm oil plantations, we assess the status of such client’s consideration for environmental and social impacts. We encourage clients to become members of the Roundtable on Sustainable Palm Oil (“RSPO”) and request them to certify relevant operations according to recognized certification organizations such as RSPO, when providing finance to the subject business activities mentioned above. We will request clients to submit action plans to achieve certification when relevant operations are not certified."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "When considering transactions which fund business activities developing and managing palm oil plantations, we assess the status of such client’s consideration for environmental and social impacts. We encourage clients to become members of the Roundtable on Sustainable Palm Oil (“RSPO”) and request them to certify relevant operations according to recognized certification organizations such as RSPO, when providing finance to the subject business activities mentioned above. We will request clients to submit action plans to achieve certification when relevant operations are not certified."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "When considering transactions which fund business activities developing and managing palm oil plantations, we assess the status of such client’s consideration for environmental and social impacts. We encourage clients to become members of the Roundtable on Sustainable Palm Oil (“RSPO”) and request them to certify relevant operations according to recognized certification organizations such as RSPO, when providing finance to the subject business activities mentioned above. We will request clients to submit action plans to achieve certification when relevant operations are not certified."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "When considering transactions which fund business activities developing and managing palm oil plantations, we assess the status of such client’s consideration for environmental and social impacts. We encourage clients to become members of the Roundtable on Sustainable Palm Oil (“RSPO”) and request them to certify relevant operations according to recognized certification organizations such as RSPO, when providing finance to the subject business activities mentioned above. We will request clients to submit action plans to achieve certification when relevant operations are not certified."
          • 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
            "When considering transactions which fund business activities developing and managing palm oil plantations, we assess the status of such client’s consideration for environmental and social impacts. We encourage clients to become members of the Roundtable on Sustainable Palm Oil (“RSPO”) and request them to certify relevant operations according to recognized certification organizations such as RSPO, when providing finance to the subject business activities mentioned above. We will request clients to submit action plans to achieve certification when relevant operations are not certified."
      • Social Considerations
        9/22
        • Company must ensure Free, Prior and Informed Consent
          4.8/5.6
          • Commitment details
            Yes - Require
            4/4
            Commitment details
            Yes - Require
            4/4
            The Arboro Fund states that "Where a project may have impacts on indigenous peoples, the Portfolio Company will undertake the following measures [...] Undertake the process of free, prior and informed consent (FPIC) following the requirements of the IFC Performance Standards, the GCF Indigenous Peoples Policy, and the relevant national laws and policies."
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            The Arboro Fund states that "Where a project may have impacts on indigenous peoples, the Portfolio Company will undertake the following measures [...] Undertake the process of free, prior and informed consent (FPIC) following the requirements of the IFC Performance Standards, the GCF Indigenous Peoples Policy, and the relevant national laws and policies."
          • Policy applies to all companies
            No
            0/0.4
            Policy applies to all companies
            No
            0/0.4
            The Arboro Fund states that "Where a project may have impacts on indigenous peoples, the Portfolio Company will undertake the following measures [...] Undertake the process of free, prior and informed consent (FPIC) following the requirements of the IFC Performance Standards, the GCF Indigenous Peoples Policy, and the relevant national laws and policies."
          • 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
            The Arboro Fund states that "Where a project may have impacts on indigenous peoples, the Portfolio Company will undertake the following measures [...] Undertake the process of free, prior and informed consent (FPIC) following the requirements of the IFC Performance Standards, the GCF Indigenous Peoples Policy, and the relevant national laws and policies."
        • Company must respect labour rights
          4.2/5.6
          • Commitment details
            Entire supply chain - Encourage
            3/4
            Commitment details
            Entire supply chain - Encourage
            3/4
            Type of policy: ILO; Discrimination; Forced Labour; Child Labour; Freedom of association
            "The [Arboro] Fund seeks to apply the principles of fair treatment, non-discrimination and equal opportunity for employees and contractors on Fund and Portfolio Company level by complying with the International Labour Organisation Fundamental Conventions" including freedom of association, child labour, forced labour, and discrimination.
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "The [Arboro] Fund seeks to apply the principles of fair treatment, non-discrimination and equal opportunity for employees and contractors on Fund and Portfolio Company level by complying with the International Labour Organisation Fundamental Conventions" including freedom of association, child labour, forced labour, and discrimination.
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "The [Arboro] Fund seeks to apply the principles of fair treatment, non-discrimination and equal opportunity for employees and contractors on Fund and Portfolio Company level by complying with the International Labour Organisation Fundamental Conventions" including freedom of association, child labour, forced labour, 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
            "The [Arboro] Fund seeks to apply the principles of fair treatment, non-discrimination and equal opportunity for employees and contractors on Fund and Portfolio Company level by complying with the International Labour Organisation Fundamental Conventions" including freedom of association, child labour, forced labour, and discrimination.
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
    • Soy
      27/64
      • Commitment Strength
        18/42
        • Commodity-specific financing policy
          0/9.6
          • Commitment details
            No
            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
          3.6/5.6
          • Commitment details
            Own operations - Require
            2/4
            Commitment details
            Own operations - Require
            2/4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes"
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes"
          • 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
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes"
        • Companies must protect priority forests or globally important landscapes
          9.6/9.6
          • Commitment details
            All high priority landscapes - Required
            8/8
            Commitment details
            All high priority landscapes - Required
            8/8
            "Prohibited TransactionsThe transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. [...] C) Transactions that negatively impact wetlands designated under the Ramsar ConventionD) Transactions that negatively impact UNESCO designated World Heritage SitesE) Transactions violating the Convention on International Trade in Endangered Species of Wild Fauna and Flora (Washington Convention) [...] C) Impact on High Conservation Value areas"
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Prohibited TransactionsThe transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. [...] C) Transactions that negatively impact wetlands designated under the Ramsar ConventionD) Transactions that negatively impact UNESCO designated World Heritage SitesE) Transactions violating the Convention on International Trade in Endangered Species of Wild Fauna and Flora (Washington Convention) [...] C) Impact on High Conservation Value areas"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Prohibited TransactionsThe transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. [...] C) Transactions that negatively impact wetlands designated under the Ramsar ConventionD) Transactions that negatively impact UNESCO designated World Heritage SitesE) Transactions violating the Convention on International Trade in Endangered Species of Wild Fauna and Flora (Washington Convention) [...] C) Impact on High Conservation Value areas"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Prohibited TransactionsThe transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. [...] C) Transactions that negatively impact wetlands designated under the Ramsar ConventionD) Transactions that negatively impact UNESCO designated World Heritage SitesE) Transactions violating the Convention on International Trade in Endangered Species of Wild Fauna and Flora (Washington Convention) [...] C) Impact on High Conservation Value areas"
          • 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
            "Prohibited TransactionsThe transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. [...] C) Transactions that negatively impact wetlands designated under the Ramsar ConventionD) Transactions that negatively impact UNESCO designated World Heritage SitesE) Transactions violating the Convention on International Trade in Endangered Species of Wild Fauna and Flora (Washington Convention) [...] C) Impact on High Conservation Value areas"
        • Assurance mechanism to ensure compliance
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          5.2/5.6
          • Commitment details
            Yes - Require
            4/4
            Commitment details
            Yes - Require
            4/4
            The Arboro Fund states that "As a minimum requirement, following roles shall be fulfilled in every Portfolio Company [...]Managing social risks related to relevant stakeholders, particularly local communities living in or adjacent to the forest production area or depending on its resources. This includes stakeholder engagement, communication, grievance mechanisms and disclosure".
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            The Arboro Fund states that "As a minimum requirement, following roles shall be fulfilled in every Portfolio Company [...]Managing social risks related to relevant stakeholders, particularly local communities living in or adjacent to the forest production area or depending on its resources. This includes stakeholder engagement, communication, grievance mechanisms and disclosure".
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            The Arboro Fund states that "As a minimum requirement, following roles shall be fulfilled in every Portfolio Company [...]Managing social risks related to relevant stakeholders, particularly local communities living in or adjacent to the forest production area or depending on its resources. This includes stakeholder engagement, communication, grievance mechanisms and disclosure".
          • 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
            The Arboro Fund states that "As a minimum requirement, following roles shall be fulfilled in every Portfolio Company [...]Managing social risks related to relevant stakeholders, particularly local communities living in or adjacent to the forest production area or depending on its resources. This includes stakeholder engagement, communication, grievance mechanisms and disclosure".
        • Commitments must be timebound
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        9/22
        • Company must ensure Free, Prior and Informed Consent
          4.8/5.6
          • Commitment details
            Yes - Require
            4/4
            Commitment details
            Yes - Require
            4/4
            The Arboro Fund states that "Where a project may have impacts on indigenous peoples, the Portfolio Company will undertake the following measures [...] Undertake the process of free, prior and informed consent (FPIC) following the requirements of the IFC Performance Standards, the GCF Indigenous Peoples Policy, and the relevant national laws and policies."
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            The Arboro Fund states that "Where a project may have impacts on indigenous peoples, the Portfolio Company will undertake the following measures [...] Undertake the process of free, prior and informed consent (FPIC) following the requirements of the IFC Performance Standards, the GCF Indigenous Peoples Policy, and the relevant national laws and policies."
          • Policy applies to all companies
            No
            0/0.4
            Policy applies to all companies
            No
            0/0.4
            The Arboro Fund states that "Where a project may have impacts on indigenous peoples, the Portfolio Company will undertake the following measures [...] Undertake the process of free, prior and informed consent (FPIC) following the requirements of the IFC Performance Standards, the GCF Indigenous Peoples Policy, and the relevant national laws and policies."
          • 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
            The Arboro Fund states that "Where a project may have impacts on indigenous peoples, the Portfolio Company will undertake the following measures [...] Undertake the process of free, prior and informed consent (FPIC) following the requirements of the IFC Performance Standards, the GCF Indigenous Peoples Policy, and the relevant national laws and policies."
        • Company must respect labour rights
          4.2/5.6
          • Commitment details
            Entire supply chain - Encourage
            3/4
            Commitment details
            Entire supply chain - Encourage
            3/4
            Type of policy: ILO; Discrimination; Forced Labour; Child Labour; Freedom of association
            "The [Arboro] Fund seeks to apply the principles of fair treatment, non-discrimination and equal opportunity for employees and contractors on Fund and Portfolio Company level by complying with the International Labour Organisation Fundamental Conventions" including freedom of association, child labour, forced labour, and discrimination.
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "The [Arboro] Fund seeks to apply the principles of fair treatment, non-discrimination and equal opportunity for employees and contractors on Fund and Portfolio Company level by complying with the International Labour Organisation Fundamental Conventions" including freedom of association, child labour, forced labour, and discrimination.
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "The [Arboro] Fund seeks to apply the principles of fair treatment, non-discrimination and equal opportunity for employees and contractors on Fund and Portfolio Company level by complying with the International Labour Organisation Fundamental Conventions" including freedom of association, child labour, forced labour, 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
            "The [Arboro] Fund seeks to apply the principles of fair treatment, non-discrimination and equal opportunity for employees and contractors on Fund and Portfolio Company level by complying with the International Labour Organisation Fundamental Conventions" including freedom of association, child labour, forced labour, and discrimination.
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
    • Timber, Pulp & Paper
      47/64
      • Commitment Strength
        38/42
        • Commodity-specific financing policy
          9.4/9.6
          • Commitment details
            Yes
            8/8
            Commitment details
            Yes
            8/8
            Type of policy: Zero net deforestation
            "When we consider providing financing for logging businesses, including the development and management of forest plantations, we assess the status of such client’s consideration for environmental and social impacts. We request our clients to certify the relevant operations according to internationally recognized certification organizations such as Forest Stewardship Council (“FSC”) and Programme for the Endorsement of Forest Certification Schemes (“PEFC”), when providing finance to the subject business activities mentioned above, in countries other than High Income OECD countries. We will request our clients to submit action plans to achieve certification when relevant operations are not certified"
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "When we consider providing financing for logging businesses, including the development and management of forest plantations, we assess the status of such client’s consideration for environmental and social impacts. We request our clients to certify the relevant operations according to internationally recognized certification organizations such as Forest Stewardship Council (“FSC”) and Programme for the Endorsement of Forest Certification Schemes (“PEFC”), when providing finance to the subject business activities mentioned above, in countries other than High Income OECD countries. We will request our clients to submit action plans to achieve certification when relevant operations are not certified"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "When we consider providing financing for logging businesses, including the development and management of forest plantations, we assess the status of such client’s consideration for environmental and social impacts. We request our clients to certify the relevant operations according to internationally recognized certification organizations such as Forest Stewardship Council (“FSC”) and Programme for the Endorsement of Forest Certification Schemes (“PEFC”), when providing finance to the subject business activities mentioned above, in countries other than High Income OECD countries. We will request our clients to submit action plans to achieve certification when relevant operations are not certified"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "When we consider providing financing for logging businesses, including the development and management of forest plantations, we assess the status of such client’s consideration for environmental and social impacts. We request our clients to certify the relevant operations according to internationally recognized certification organizations such as Forest Stewardship Council (“FSC”) and Programme for the Endorsement of Forest Certification Schemes (“PEFC”), when providing finance to the subject business activities mentioned above, in countries other than High Income OECD countries. We will request our clients to submit action plans to achieve certification when relevant operations are not certified"
          • 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
            "When we consider providing financing for logging businesses, including the development and management of forest plantations, we assess the status of such client’s consideration for environmental and social impacts. We request our clients to certify the relevant operations according to internationally recognized certification organizations such as Forest Stewardship Council (“FSC”) and Programme for the Endorsement of Forest Certification Schemes (“PEFC”), when providing finance to the subject business activities mentioned above, in countries other than High Income OECD countries. We will request our clients to submit action plans to achieve certification when relevant operations are not certified"
        • Companies must be legally operated
          3.6/5.6
          • Commitment details
            Own operations - Require
            2/4
            Commitment details
            Own operations - Require
            2/4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes"
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes"
          • 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
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes"
        • Companies must protect priority forests or globally important landscapes
          9.6/9.6
          • Commitment details
            All high priority landscapes - Required
            8/8
            Commitment details
            All high priority landscapes - Required
            8/8
            "Prohibited TransactionsThe transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. [...] C) Transactions that negatively impact wetlands designated under the Ramsar ConventionD) Transactions that negatively impact UNESCO designated World Heritage SitesE) Transactions violating the Convention on International Trade in Endangered Species of Wild Fauna and Flora (Washington Convention) [...] C) Impact on High Conservation Value areas"
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Prohibited TransactionsThe transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. [...] C) Transactions that negatively impact wetlands designated under the Ramsar ConventionD) Transactions that negatively impact UNESCO designated World Heritage SitesE) Transactions violating the Convention on International Trade in Endangered Species of Wild Fauna and Flora (Washington Convention) [...] C) Impact on High Conservation Value areas"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Prohibited TransactionsThe transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. [...] C) Transactions that negatively impact wetlands designated under the Ramsar ConventionD) Transactions that negatively impact UNESCO designated World Heritage SitesE) Transactions violating the Convention on International Trade in Endangered Species of Wild Fauna and Flora (Washington Convention) [...] C) Impact on High Conservation Value areas"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Prohibited TransactionsThe transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. [...] C) Transactions that negatively impact wetlands designated under the Ramsar ConventionD) Transactions that negatively impact UNESCO designated World Heritage SitesE) Transactions violating the Convention on International Trade in Endangered Species of Wild Fauna and Flora (Washington Convention) [...] C) Impact on High Conservation Value areas"
          • 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
            "Prohibited TransactionsThe transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. [...] C) Transactions that negatively impact wetlands designated under the Ramsar ConventionD) Transactions that negatively impact UNESCO designated World Heritage SitesE) Transactions violating the Convention on International Trade in Endangered Species of Wild Fauna and Flora (Washington Convention) [...] C) Impact on High Conservation Value areas"
        • Assurance mechanism to ensure compliance
          5.4/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Verification method: Certification Scheme

            Certification scheme (if applicable): FSC
            "When we consider providing financing for logging businesses, including the development and management of forest plantations, we assess the status of such client’s consideration for environmental and social impacts. We request our clients to certify the relevant operations according to internationally recognized certification organizations such as Forest Stewardship Council (“FSC”) and Programme for the Endorsement of Forest Certification Schemes (“PEFC”), when providing finance to the subject business activities mentioned above, in countries other than High Income OECD countries. We will request our clients to submit action plans to achieve certification when relevant operations are not certified"
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "When we consider providing financing for logging businesses, including the development and management of forest plantations, we assess the status of such client’s consideration for environmental and social impacts. We request our clients to certify the relevant operations according to internationally recognized certification organizations such as Forest Stewardship Council (“FSC”) and Programme for the Endorsement of Forest Certification Schemes (“PEFC”), when providing finance to the subject business activities mentioned above, in countries other than High Income OECD countries. We will request our clients to submit action plans to achieve certification when relevant operations are not certified"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "When we consider providing financing for logging businesses, including the development and management of forest plantations, we assess the status of such client’s consideration for environmental and social impacts. We request our clients to certify the relevant operations according to internationally recognized certification organizations such as Forest Stewardship Council (“FSC”) and Programme for the Endorsement of Forest Certification Schemes (“PEFC”), when providing finance to the subject business activities mentioned above, in countries other than High Income OECD countries. We will request our clients to submit action plans to achieve certification when relevant operations are not certified"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "When we consider providing financing for logging businesses, including the development and management of forest plantations, we assess the status of such client’s consideration for environmental and social impacts. We request our clients to certify the relevant operations according to internationally recognized certification organizations such as Forest Stewardship Council (“FSC”) and Programme for the Endorsement of Forest Certification Schemes (“PEFC”), when providing finance to the subject business activities mentioned above, in countries other than High Income OECD countries. We will request our clients to submit action plans to achieve certification when relevant operations are not certified"
          • 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
            "When we consider providing financing for logging businesses, including the development and management of forest plantations, we assess the status of such client’s consideration for environmental and social impacts. We request our clients to certify the relevant operations according to internationally recognized certification organizations such as Forest Stewardship Council (“FSC”) and Programme for the Endorsement of Forest Certification Schemes (“PEFC”), when providing finance to the subject business activities mentioned above, in countries other than High Income OECD countries. We will request our clients to submit action plans to achieve certification when relevant operations are not certified"
        • Companies must have a grievance mechanism
          5.2/5.6
          • Commitment details
            Yes - Require
            4/4
            Commitment details
            Yes - Require
            4/4
            The Arboro Fund states that "As a minimum requirement, following roles shall be fulfilled in every Portfolio Company [...]Managing social risks related to relevant stakeholders, particularly local communities living in or adjacent to the forest production area or depending on its resources. This includes stakeholder engagement, communication, grievance mechanisms and disclosure".
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            The Arboro Fund states that "As a minimum requirement, following roles shall be fulfilled in every Portfolio Company [...]Managing social risks related to relevant stakeholders, particularly local communities living in or adjacent to the forest production area or depending on its resources. This includes stakeholder engagement, communication, grievance mechanisms and disclosure".
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            The Arboro Fund states that "As a minimum requirement, following roles shall be fulfilled in every Portfolio Company [...]Managing social risks related to relevant stakeholders, particularly local communities living in or adjacent to the forest production area or depending on its resources. This includes stakeholder engagement, communication, grievance mechanisms and disclosure".
          • 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
            The Arboro Fund states that "As a minimum requirement, following roles shall be fulfilled in every Portfolio Company [...]Managing social risks related to relevant stakeholders, particularly local communities living in or adjacent to the forest production area or depending on its resources. This includes stakeholder engagement, communication, grievance mechanisms and disclosure".
        • Commitments must be timebound
          5.4/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Type of policy: Companies set own deadline but must be timebound
            "When we consider providing financing for logging businesses, including the development and management of forest plantations, we assess the status of such client’s consideration for environmental and social impacts. We request our clients to certify the relevant operations according to internationally recognized certification organizations such as Forest Stewardship Council (“FSC”) and Programme for the Endorsement of Forest Certification Schemes (“PEFC”), when providing finance to the subject business activities mentioned above, in countries other than High Income OECD countries. We will request our clients to submit action plans to achieve certification when relevant operations are not certified"
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "When we consider providing financing for logging businesses, including the development and management of forest plantations, we assess the status of such client’s consideration for environmental and social impacts. We request our clients to certify the relevant operations according to internationally recognized certification organizations such as Forest Stewardship Council (“FSC”) and Programme for the Endorsement of Forest Certification Schemes (“PEFC”), when providing finance to the subject business activities mentioned above, in countries other than High Income OECD countries. We will request our clients to submit action plans to achieve certification when relevant operations are not certified"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "When we consider providing financing for logging businesses, including the development and management of forest plantations, we assess the status of such client’s consideration for environmental and social impacts. We request our clients to certify the relevant operations according to internationally recognized certification organizations such as Forest Stewardship Council (“FSC”) and Programme for the Endorsement of Forest Certification Schemes (“PEFC”), when providing finance to the subject business activities mentioned above, in countries other than High Income OECD countries. We will request our clients to submit action plans to achieve certification when relevant operations are not certified"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "When we consider providing financing for logging businesses, including the development and management of forest plantations, we assess the status of such client’s consideration for environmental and social impacts. We request our clients to certify the relevant operations according to internationally recognized certification organizations such as Forest Stewardship Council (“FSC”) and Programme for the Endorsement of Forest Certification Schemes (“PEFC”), when providing finance to the subject business activities mentioned above, in countries other than High Income OECD countries. We will request our clients to submit action plans to achieve certification when relevant operations are not certified"
          • 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
            "When we consider providing financing for logging businesses, including the development and management of forest plantations, we assess the status of such client’s consideration for environmental and social impacts. We request our clients to certify the relevant operations according to internationally recognized certification organizations such as Forest Stewardship Council (“FSC”) and Programme for the Endorsement of Forest Certification Schemes (“PEFC”), when providing finance to the subject business activities mentioned above, in countries other than High Income OECD countries. We will request our clients to submit action plans to achieve certification when relevant operations are not certified"
      • Social Considerations
        9/22
        • Company must ensure Free, Prior and Informed Consent
          4.8/5.6
          • Commitment details
            Yes - Require
            4/4
            Commitment details
            Yes - Require
            4/4
            The Arboro Fund states that "Where a project may have impacts on indigenous peoples, the Portfolio Company will undertake the following measures [...] Undertake the process of free, prior and informed consent (FPIC) following the requirements of the IFC Performance Standards, the GCF Indigenous Peoples Policy, and the relevant national laws and policies."
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            The Arboro Fund states that "Where a project may have impacts on indigenous peoples, the Portfolio Company will undertake the following measures [...] Undertake the process of free, prior and informed consent (FPIC) following the requirements of the IFC Performance Standards, the GCF Indigenous Peoples Policy, and the relevant national laws and policies."
          • Policy applies to all companies
            No
            0/0.4
            Policy applies to all companies
            No
            0/0.4
            The Arboro Fund states that "Where a project may have impacts on indigenous peoples, the Portfolio Company will undertake the following measures [...] Undertake the process of free, prior and informed consent (FPIC) following the requirements of the IFC Performance Standards, the GCF Indigenous Peoples Policy, and the relevant national laws and policies."
          • 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
            The Arboro Fund states that "Where a project may have impacts on indigenous peoples, the Portfolio Company will undertake the following measures [...] Undertake the process of free, prior and informed consent (FPIC) following the requirements of the IFC Performance Standards, the GCF Indigenous Peoples Policy, and the relevant national laws and policies."
        • Company must respect labour rights
          4.2/5.6
          • Commitment details
            Entire supply chain - Encourage
            3/4
            Commitment details
            Entire supply chain - Encourage
            3/4
            Type of policy: ILO; Discrimination; Forced Labour; Child Labour; Freedom of association
            "The [Arboro] Fund seeks to apply the principles of fair treatment, non-discrimination and equal opportunity for employees and contractors on Fund and Portfolio Company level by complying with the International Labour Organisation Fundamental Conventions" including freedom of association, child labour, forced labour, and discrimination.
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "The [Arboro] Fund seeks to apply the principles of fair treatment, non-discrimination and equal opportunity for employees and contractors on Fund and Portfolio Company level by complying with the International Labour Organisation Fundamental Conventions" including freedom of association, child labour, forced labour, and discrimination.
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "The [Arboro] Fund seeks to apply the principles of fair treatment, non-discrimination and equal opportunity for employees and contractors on Fund and Portfolio Company level by complying with the International Labour Organisation Fundamental Conventions" including freedom of association, child labour, forced labour, 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
            "The [Arboro] Fund seeks to apply the principles of fair treatment, non-discrimination and equal opportunity for employees and contractors on Fund and Portfolio Company level by complying with the International Labour Organisation Fundamental Conventions" including freedom of association, child labour, forced labour, and discrimination.
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
  • Reporting & Implementation
    8/20
    • Policy is reviewed and updated
      3/5
      Policy review
      Commit to update policy - Timeline unclear
      3/5
      "MUFG has revised this Framework with the aim of reclarifying our initiatives to clients and stakeholders in order to promote continued efforts together with our clients to realize a sustainable environment and society [...] The Framework was discussed by the CSR Committee and approved by the Executive Committee. The CSR Committee regularly reviews the need to update the Framework and makes amendments as necessary to reflect changes in our business activities and the business environment."
    • Companies must disclose subsidiaries in commodity supply chains
      0/5
    • Monitoring and non-compliance process
      5/5
      Monitoring compliance
      Yes - Screening and monitoring process
      5/5
      "A due diligence process to identify and assess the environmental and social risks or impacts associated with transactions has been introduced [...] Standard due diligence is implemented by the department in the relevant business division of each Core Subsidiary responsible for communications with the client. The decision regarding categorization of the transaction as a “Prohibited Transaction” or “Restricted Transaction” is made based on available public information and information provided by the client[...]Enhanced Due Diligence[...]Transactions categorized as “Restricted Transactions” are subject to enhanced due diligence in addition to standard due diligence, if necessary. This is implemented by the department responsible for management of environmental and social risks in each Core Subsidiary. Decisions on financing are made following assessment of the findings of the enhanced due diligence".
    • Reporting on implementation of the policy
      0/5
  • Commitment strength
    27/42
    Avg. score
  • Social considerations
    9/22
    Avg. score

Profile

Mitsubishi UFJ Financial Group are a financial services group headquartered in Japan serving individuals and companies. Their services include banking, trust banking, securities, credit cards, and leasing. As of 2017, Mitsubishi UFJ Financial Group's total assets amount to over 300 trillion Yen with over 100 trillion Yen in loans. They are among the top 10 lenders to Forest 500 companies, with loans amounting to more than 51 billion USD across a broad range of forest risk sectors. Mitsubishi UFJ Financial Group are also an important shareholder in Forest 500 companies, ranking among the top 30 with shares worth more than 13 billion USD.

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

How we assess the Forest 500

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

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

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.