Download data

Select an assessment year:

  • Overall approach
    5/10
    • Overarching commitment on deforestation
      4/6
      Overarching commitment
      Deforestation-free commitment
      4/6
      "Commit to achieve decarbonization through financial services...Request our clients to publicly commit to NDPE (No Deforestation, No Peat and No Exploitation), or provide with action plans to accomplish this if such commitment has not yet been made"
    • Deforestation as a business risk
      0/1
    • Target to reduce emissions in scope 1/2
      Reduce emissions
      Yes
      0/0
      Type of climate target: Net-zero emissions

      What is the target date for the financial institution to achieve their climate target?: 2050

      Is the financial institution's climate target aligned with SBTi?: Yes
      "Net zero greenhouse gas (GHG) emissions from our financed portfolio*1 by 2050 [...] *Scope 3 of the GHG Protocol"
    • Clients/holdings must have anti-corruption policy
      0.0/1
    • Collaborative finance sector initiatives
      1/2
      Collaborative initiatives
      Yes, involved in a collaborative finance sector initiative focused on deforestation
      1/2
      Does the financial institution engage ESG data providers on the need for better data on deforestation?: No

      Which initiative?: CERES; FAIRR; Investor statement on deforestation and forest fires in the Amazon; TNFD

      Is a 2025 target date encouraged within the collaborative initiative(s)?: Yes

      In which location?: Global
      CERES; FAIRR; Investor statement on deforestation and forest fires in the Amazon; TNFD
    • Nature/people-positive investment
  • Commodity score
    24/90
    • Beef & Leather
      14/90
      • Policy Strength
        2/28
        • Commodity-specific deforestation financing policy
          0/8.8
          • Commitment details
            No commitment
            0/8
            Commitment details
            No commitment
            0/8
            Does the policy have specific requirements/expectations of clients/holdings in line with the policy?: No
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
            Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must be legally operated
          1.8/2.8
          • Commitment details
            Clients/holdings own operations - Required
            1/2
            Commitment details
            Clients/holdings own operations - Required
            1/2
            "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 financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "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 financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "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 clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "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
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "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"
        • Clients/holdings must monitor operations
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must conduct risk assessments
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must specify a cut-off date
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Target date for policy implementation
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
      • Associated Human Rights Abuses
        12/27
        • Clients/holdings must test Free, Prior and Informed Consent
          3.6/3.8
          • Commitment details
            Required
            3/3
            Commitment details
            Required
            3/3
            Does the financial institution require the client/holding to cease acquisition/expansion unless FPIC is given?: No
            "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
            0/0.2
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "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 clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "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
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "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"
        • Clients/holdings must have a grievance mechanism
          3.6/3.8
          • Commitment details
            Required
            3/3
            Commitment details
            Required
            3/3
            "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
            0/0.2
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "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 clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "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
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "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"
        • Clients/holdings must respect labour rights
          2.8/3.8
          • Commitment details
            Clients/holdings entire supply chain - Encouraged
            2/3
            Commitment details
            Clients/holdings entire supply chain - Encouraged
            2/3
            Does the financial institution ask the client/holding to protect the health and safety of its own operations or its supply chain workers?: No
            "The 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".
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "The 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".
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "The 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".
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "The 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".
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "The 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".
        • Clients/holdings must address gender equality issues
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must encourage the inclusion of small-scale farmers
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must respect customary rights to land, resources, and territory
          2.1/3.8
          • Commitment details
            Encouraged
            1.5/3
            Commitment details
            Encouraged
            1.5/3
            "The Fund will avoid investing in projects or companies which may involve non-resolvable land use conflicts with local communities."
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "The Fund will avoid investing in projects or companies which may involve non-resolvable land use conflicts with local communities."
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "The Fund will avoid investing in projects or companies which may involve non-resolvable land use conflicts with local communities."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "The Fund will avoid investing in projects or companies which may involve non-resolvable land use conflicts with local communities."
        • Zero tolerance approach to violence and threats
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
      • Implementation and Reporting
        0/35
        • Assess client/holding exposure prior to onboarding
          No
          0/5
        • Require disclosure of projects/locations
          No reporting
          0/4
        • Policy is reviewed and updated
          No
          0/2
        • Monitoring and non-compliance process
          No
          0/5
          Monitoring and non-compliance process
          No
          0/5
          Does the financial institution assess the severity of any non-compliance on the ground in forest-risk commodity supply chains in line with the guidance of the Accountability Framework?: No
        • Engagement with non-compliant clients/holdings
          No
          0/5
        • Engagement with non-compliant companies
          0/0
        • Reporting on implementation of the policy
          No
          0/6
        • Green financing product with deforestation/conversion requirements
          No
          0/2
        • Publicly accessible grievance mechanism
          No
          0/2
        • Remediation of environmental or social harms
          No
          0/4
    • Palm oil
      35/90
      • Policy Strength
        17/28
        • Commodity-specific deforestation financing policy
          6.8/8.8
          • Commitment details
            Zero-gross deforestation
            6/8
            Commitment details
            Zero-gross deforestation
            6/8
            Does the policy have specific requirements/expectations of clients/holdings in line with the policy?: Yes
            "Palm Oil: Request our clients to publicly commit to NDPE (No Deforestation, No Peat and No Exploitation), or provide with action plans to accomplish this if such commitment has not yet been made" [...] ""When considering financing for a palm oil plantation ownership and management business, we check the implementation status of the customer's environmental and social considerations. When providing financing for the above palm oil business, we will encourage our customers to participate in the RSPO (Roundtable on Sustainable Palm Oil), acquire RSPO certification, and strive to achieve zero deforestation and zero peat land development. , No Exploitation (NDPE: No Deforestation, No Peat and No Exploitation). Suppliers that have not yet obtained RSPO certification or have not announced that they will comply with NDPE will be requested to submit an action plan for implementation."
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "Palm Oil: Request our clients to publicly commit to NDPE (No Deforestation, No Peat and No Exploitation), or provide with action plans to accomplish this if such commitment has not yet been made" [...] ""When considering financing for a palm oil plantation ownership and management business, we check the implementation status of the customer's environmental and social considerations. When providing financing for the above palm oil business, we will encourage our customers to participate in the RSPO (Roundtable on Sustainable Palm Oil), acquire RSPO certification, and strive to achieve zero deforestation and zero peat land development. , No Exploitation (NDPE: No Deforestation, No Peat and No Exploitation). Suppliers that have not yet obtained RSPO certification or have not announced that they will comply with NDPE will be requested to submit an action plan for implementation."
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "Palm Oil: Request our clients to publicly commit to NDPE (No Deforestation, No Peat and No Exploitation), or provide with action plans to accomplish this if such commitment has not yet been made" [...] ""When considering financing for a palm oil plantation ownership and management business, we check the implementation status of the customer's environmental and social considerations. When providing financing for the above palm oil business, we will encourage our customers to participate in the RSPO (Roundtable on Sustainable Palm Oil), acquire RSPO certification, and strive to achieve zero deforestation and zero peat land development. , No Exploitation (NDPE: No Deforestation, No Peat and No Exploitation). Suppliers that have not yet obtained RSPO certification or have not announced that they will comply with NDPE will be requested to submit an action plan for implementation."
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "Palm Oil: Request our clients to publicly commit to NDPE (No Deforestation, No Peat and No Exploitation), or provide with action plans to accomplish this if such commitment has not yet been made" [...] ""When considering financing for a palm oil plantation ownership and management business, we check the implementation status of the customer's environmental and social considerations. When providing financing for the above palm oil business, we will encourage our customers to participate in the RSPO (Roundtable on Sustainable Palm Oil), acquire RSPO certification, and strive to achieve zero deforestation and zero peat land development. , No Exploitation (NDPE: No Deforestation, No Peat and No Exploitation). Suppliers that have not yet obtained RSPO certification or have not announced that they will comply with NDPE will be requested to submit an action plan for implementation."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "Palm Oil: Request our clients to publicly commit to NDPE (No Deforestation, No Peat and No Exploitation), or provide with action plans to accomplish this if such commitment has not yet been made" [...] ""When considering financing for a palm oil plantation ownership and management business, we check the implementation status of the customer's environmental and social considerations. When providing financing for the above palm oil business, we will encourage our customers to participate in the RSPO (Roundtable on Sustainable Palm Oil), acquire RSPO certification, and strive to achieve zero deforestation and zero peat land development. , No Exploitation (NDPE: No Deforestation, No Peat and No Exploitation). Suppliers that have not yet obtained RSPO certification or have not announced that they will comply with NDPE will be requested to submit an action plan for implementation."
        • Clients/holdings must be legally operated
          1.8/2.8
          • Commitment details
            Clients/holdings own operations - Required
            1/2
            Commitment details
            Clients/holdings own operations - Required
            1/2
            "MUFG and its Subsidiaries are committed to fostering a corporate culture of ethical business practices and compliance with both the letter and spirit of the law everywhere we do business." [...] ""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 financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "MUFG and its Subsidiaries are committed to fostering a corporate culture of ethical business practices and compliance with both the letter and spirit of the law everywhere we do business." [...] ""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 financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "MUFG and its Subsidiaries are committed to fostering a corporate culture of ethical business practices and compliance with both the letter and spirit of the law everywhere we do business." [...] ""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 clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "MUFG and its Subsidiaries are committed to fostering a corporate culture of ethical business practices and compliance with both the letter and spirit of the law everywhere we do business." [...] ""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
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "MUFG and its Subsidiaries are committed to fostering a corporate culture of ethical business practices and compliance with both the letter and spirit of the law everywhere we do business." [...] ""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""
        • Clients/holdings must monitor operations
          2.3/3.8
          • Commitment details
            Yes, a mechanism to monitor compliance - Require
            1.5/3
            Commitment details
            Yes, a mechanism to monitor compliance - Require
            1.5/3
            What type of assurance mechanism is used?: Assurance mechanism
            "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 as well as to publicly commit to No Deforestation, No Peat and No Exploitation (“NDPE”), when providing finance to the subject business activities mentioned above. When relevant operations are not certified by organizations such as RSPO or clients have not made their commitment to NDPE public, we will request clients to submit action plans to satisfy the conditions."
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "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 as well as to publicly commit to No Deforestation, No Peat and No Exploitation (“NDPE”), when providing finance to the subject business activities mentioned above. When relevant operations are not certified by organizations such as RSPO or clients have not made their commitment to NDPE public, we will request clients to submit action plans to satisfy the conditions."
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "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 as well as to publicly commit to No Deforestation, No Peat and No Exploitation (“NDPE”), when providing finance to the subject business activities mentioned above. When relevant operations are not certified by organizations such as RSPO or clients have not made their commitment to NDPE public, we will request clients to submit action plans to satisfy the conditions."
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "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 as well as to publicly commit to No Deforestation, No Peat and No Exploitation (“NDPE”), when providing finance to the subject business activities mentioned above. When relevant operations are not certified by organizations such as RSPO or clients have not made their commitment to NDPE public, we will request clients to submit action plans to satisfy the conditions."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "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 as well as to publicly commit to No Deforestation, No Peat and No Exploitation (“NDPE”), when providing finance to the subject business activities mentioned above. When relevant operations are not certified by organizations such as RSPO or clients have not made their commitment to NDPE public, we will request clients to submit action plans to satisfy the conditions."
        • Clients/holdings must conduct risk assessments
          3.8/3.8
          • Commitment details
            Required
            3/3
            Commitment details
            Required
            3/3
            "MUFG Bank will require a client with a BL [bank loan] classified as Category A or B under "3.3.1 Principle 1" below to confirm that it will undertake an Environmental and Social Impact Assessment (ESIA) during the investigation phase to confirm that the project will not have undesirable environmental and social effects during the loan period."
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "MUFG Bank will require a client with a BL [bank loan] classified as Category A or B under "3.3.1 Principle 1" below to confirm that it will undertake an Environmental and Social Impact Assessment (ESIA) during the investigation phase to confirm that the project will not have undesirable environmental and social effects during the loan period."
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "MUFG Bank will require a client with a BL [bank loan] classified as Category A or B under "3.3.1 Principle 1" below to confirm that it will undertake an Environmental and Social Impact Assessment (ESIA) during the investigation phase to confirm that the project will not have undesirable environmental and social effects during the loan period."
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "MUFG Bank will require a client with a BL [bank loan] classified as Category A or B under "3.3.1 Principle 1" below to confirm that it will undertake an Environmental and Social Impact Assessment (ESIA) during the investigation phase to confirm that the project will not have undesirable environmental and social effects during the loan period."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "MUFG Bank will require a client with a BL [bank loan] classified as Category A or B under "3.3.1 Principle 1" below to confirm that it will undertake an Environmental and Social Impact Assessment (ESIA) during the investigation phase to confirm that the project will not have undesirable environmental and social effects during the loan period."
        • Clients/holdings must specify a cut-off date
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Target date for policy implementation
          2.2/3.8
          • Commitment details
            Encouraged
            1.5/3
            Commitment details
            Encouraged
            1.5/3
            What is the deadline for the portfolio companies to become compliant with the policy?: NA

            What is the length of time the portfolio companies are given to meet their time-bound plans?: NA

            What is the target date for the full implementation of the financial institution's policy?: NA
            "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 as well as to publicly commit to No Deforestation, No Peat and No Exploitation (“NDPE”), when providing finance to the subject business activities mentioned above. When relevant operations are not certified by organizations such as RSPO or clients have not made their commitment to NDPE public, we will request clients to submit action plans to satisfy the conditions."
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "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 as well as to publicly commit to No Deforestation, No Peat and No Exploitation (“NDPE”), when providing finance to the subject business activities mentioned above. When relevant operations are not certified by organizations such as RSPO or clients have not made their commitment to NDPE public, we will request clients to submit action plans to satisfy the conditions."
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "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 as well as to publicly commit to No Deforestation, No Peat and No Exploitation (“NDPE”), when providing finance to the subject business activities mentioned above. When relevant operations are not certified by organizations such as RSPO or clients have not made their commitment to NDPE public, we will request clients to submit action plans to satisfy the conditions."
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "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 as well as to publicly commit to No Deforestation, No Peat and No Exploitation (“NDPE”), when providing finance to the subject business activities mentioned above. When relevant operations are not certified by organizations such as RSPO or clients have not made their commitment to NDPE public, we will request clients to submit action plans to satisfy the conditions."
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.1/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.1/0.2
            "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 as well as to publicly commit to No Deforestation, No Peat and No Exploitation (“NDPE”), when providing finance to the subject business activities mentioned above. When relevant operations are not certified by organizations such as RSPO or clients have not made their commitment to NDPE public, we will request clients to submit action plans to satisfy the conditions."
      • Associated Human Rights Abuses
        12/27
        • Clients/holdings must test Free, Prior and Informed Consent
          3.6/3.8
          • Commitment details
            Required
            3/3
            Commitment details
            Required
            3/3
            Does the financial institution require the client/holding to cease acquisition/expansion unless FPIC is given?: No
            "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
            0/0.2
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "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 clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "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
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "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"
        • Clients/holdings must have a grievance mechanism
          3.6/3.8
          • Commitment details
            Required
            3/3
            Commitment details
            Required
            3/3
            "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
            0/0.2
            Policy applies to all operations and financing
            No
            0/0.2
            "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 deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "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 clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "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
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "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"
        • Clients/holdings must respect labour rights
          2.6/3.8
          • Commitment details
            Clients/holdings entire supply chain - Encouraged
            2/3
            Commitment details
            Clients/holdings entire supply chain - Encouraged
            2/3
            Does the financial institution ask the client/holding to protect the health and safety of its own operations or its supply chain workers?: No
            "The 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".
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "The 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".
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "The 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".
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "The 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".
        • Clients/holdings must address gender equality issues
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must encourage the inclusion of small-scale farmers
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must respect customary rights to land, resources, and territory
          2.1/3.8
          • Commitment details
            Encouraged
            1.5/3
            Commitment details
            Encouraged
            1.5/3
            "The Fund will avoid investing in projects or companies which may involve non-resolvable land use conflicts with local communities."
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "The Fund will avoid investing in projects or companies which may involve non-resolvable land use conflicts with local communities."
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "The Fund will avoid investing in projects or companies which may involve non-resolvable land use conflicts with local communities."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "The Fund will avoid investing in projects or companies which may involve non-resolvable land use conflicts with local communities."
        • Zero tolerance approach to violence and threats
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
      • Implementation and Reporting
        6/35
        • Assess client/holding exposure prior to onboarding
          No
          0/5
        • Require disclosure of projects/locations
          No reporting
          0/4
        • Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          "we have now revised the “MUFG Environmental and Social Policy Framework (“Framework”)”. Together with our stakeholders, MUFG will further enhance its engagement to provide solutions for environmental and social issues".
        • Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          Does the financial institution assess the severity of any non-compliance on the ground in forest-risk commodity supply chains in line with the guidance of the Accountability Framework?: No

          Does the financial institution prioritise clients/holdings for engagement based on their compliance monitoring? If yes, do they use thresholds/cut offs to identify these clients/holdings?: NA
          "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...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."
        • Engagement with non-compliant clients/holdings
          No
          0/5
        • Engagement with non-compliant companies
          0/0
        • Reporting on implementation of the policy
          No
          0/6
        • Green financing product with deforestation/conversion requirements
          No
          0/2
        • Publicly accessible grievance mechanism
          No
          0/2
        • Remediation of environmental or social harms
          No
          0/4
    • Soy
      14/90
      • Policy Strength
        2/28
        • Commodity-specific deforestation financing policy
          0/8.8
          • Commitment details
            No commitment
            0/8
            Commitment details
            No commitment
            0/8
            Does the policy have specific requirements/expectations of clients/holdings in line with the policy?: No
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must be legally operated
          1.8/2.8
          • Commitment details
            Clients/holdings own operations - Required
            1/2
            Commitment details
            Clients/holdings own operations - Required
            1/2
            "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 financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "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 financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "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 clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "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; Financiers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers; Financiers
            0.2/0.2
            "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"
        • Clients/holdings must monitor operations
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must conduct risk assessments
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must specify a cut-off date
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Target date for policy implementation
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
      • Associated Human Rights Abuses
        12/27
        • Clients/holdings must test Free, Prior and Informed Consent
          3.4/3.8
          • Commitment details
            Required
            3/3
            Commitment details
            Required
            3/3
            Does the financial institution require the client/holding to cease acquisition/expansion unless FPIC is given?: No
            "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
            0/0.2
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "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 clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "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"
        • Clients/holdings must have a grievance mechanism
          3.6/3.8
          • Commitment details
            Required
            3/3
            Commitment details
            Required
            3/3
            "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
            0/0.2
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "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 clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "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; Financiers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers; Financiers
            0.2/0.2
            "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"
        • Clients/holdings must respect labour rights
          2.6/3.8
          • Commitment details
            Clients/holdings entire supply chain - Encouraged
            2/3
            Commitment details
            Clients/holdings entire supply chain - Encouraged
            2/3
            Does the financial institution ask the client/holding to protect the health and safety of its own operations or its supply chain workers?: No
            "The 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".
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "The 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".
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "The 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".
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "The 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".
        • Clients/holdings must address gender equality issues
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must encourage the inclusion of small-scale farmers
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must respect customary rights to land, resources, and territory
          2.1/3.8
          • Commitment details
            Encouraged
            1.5/3
            Commitment details
            Encouraged
            1.5/3
            "The Fund will avoid investing in projects or companies which may involve non-resolvable land use conflicts with local communities."
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "The Fund will avoid investing in projects or companies which may involve non-resolvable land use conflicts with local communities."
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "The Fund will avoid investing in projects or companies which may involve non-resolvable land use conflicts with local communities."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "The Fund will avoid investing in projects or companies which may involve non-resolvable land use conflicts with local communities."
        • Zero tolerance approach to violence and threats
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
      • Implementation and Reporting
        0/35
        • Assess client/holding exposure prior to onboarding
          No
          0/5
        • Require disclosure of projects/locations
          No reporting
          0/4
        • Policy is reviewed and updated
          No
          0/2
        • Monitoring and non-compliance process
          No
          0/5
          Monitoring and non-compliance process
          No
          0/5
          Does the financial institution assess the severity of any non-compliance on the ground in forest-risk commodity supply chains in line with the guidance of the Accountability Framework?: No
        • Engagement with non-compliant clients/holdings
          No
          0/5
        • Engagement with non-compliant companies
          0/0
        • Reporting on implementation of the policy
          No
          0/6
        • Green financing product with deforestation/conversion requirements
          No
          0/2
        • Publicly accessible grievance mechanism
          No
          0/2
        • Remediation of environmental or social harms
          No
          0/4
    • Timber, Pulp & Paper
      34/90
      • Policy Strength
        16/28
        • Commodity-specific deforestation financing policy
          4.8/8.8
          • Commitment details
            Protects priority forests
            4/8
            Commitment details
            Protects priority forests
            4/8
            Does the policy have specific requirements/expectations of clients/holdings in line with the policy?: Yes
            "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. In addition to confirming that illegal logging and deforestation in high conservation value areas are not involved, 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...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...Transactions that negatively impact wetlands designated under the Ramsar Convention D) Transactions that negatively impact UNESCO designated World Heritage Sites E) Transactions violating the Convention on International Trade in Endangered Species of Wild Fauna and Flora (Washington Convention)".
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "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. In addition to confirming that illegal logging and deforestation in high conservation value areas are not involved, 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...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...Transactions that negatively impact wetlands designated under the Ramsar Convention D) Transactions that negatively impact UNESCO designated World Heritage Sites E) Transactions violating the Convention on International Trade in Endangered Species of Wild Fauna and Flora (Washington Convention)".
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "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. In addition to confirming that illegal logging and deforestation in high conservation value areas are not involved, 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...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...Transactions that negatively impact wetlands designated under the Ramsar Convention D) Transactions that negatively impact UNESCO designated World Heritage Sites E) Transactions violating the Convention on International Trade in Endangered Species of Wild Fauna and Flora (Washington Convention)".
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "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. In addition to confirming that illegal logging and deforestation in high conservation value areas are not involved, 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...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...Transactions that negatively impact wetlands designated under the Ramsar Convention D) Transactions that negatively impact UNESCO designated World Heritage Sites E) Transactions violating the Convention on International Trade in Endangered Species of Wild Fauna and Flora (Washington Convention)".
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "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. In addition to confirming that illegal logging and deforestation in high conservation value areas are not involved, 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...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...Transactions that negatively impact wetlands designated under the Ramsar Convention D) Transactions that negatively impact UNESCO designated World Heritage Sites E) Transactions violating the Convention on International Trade in Endangered Species of Wild Fauna and Flora (Washington Convention)".
        • Clients/holdings must be legally operated
          1.8/2.8
          • Commitment details
            Clients/holdings own operations - Required
            1/2
            Commitment details
            Clients/holdings own operations - Required
            1/2
            "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 financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "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 financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "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 clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "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
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "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"
        • Clients/holdings must monitor operations
          2.2/3.8
          • Commitment details
            Yes, a mechanism to monitor compliance - Require
            1.5/3
            Commitment details
            Yes, a mechanism to monitor compliance - Require
            1.5/3
            What type of assurance mechanism is used?: Assurance mechanism
            "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. In addition to confirming that illegal logging and deforestation in high conservation value areas are not involved, 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 financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "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. In addition to confirming that illegal logging and deforestation in high conservation value areas are not involved, 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 financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "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. In addition to confirming that illegal logging and deforestation in high conservation value areas are not involved, 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 clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "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. In addition to confirming that illegal logging and deforestation in high conservation value areas are not involved, 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
            0.1/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.1/0.2
            "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. In addition to confirming that illegal logging and deforestation in high conservation value areas are not involved, 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".
        • Clients/holdings must conduct risk assessments
          3.8/3.8
          • Commitment details
            Required
            3/3
            Commitment details
            Required
            3/3
            "MUFG Bank will require a client with a BL [bank loan] classified as Category A or B under "3.3.1 Principle 1" below to confirm that it will undertake an Environmental and Social Impact Assessment (ESIA) during the investigation phase to confirm that the project will not have undesirable environmental and social effects during the loan period."
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "MUFG Bank will require a client with a BL [bank loan] classified as Category A or B under "3.3.1 Principle 1" below to confirm that it will undertake an Environmental and Social Impact Assessment (ESIA) during the investigation phase to confirm that the project will not have undesirable environmental and social effects during the loan period."
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "MUFG Bank will require a client with a BL [bank loan] classified as Category A or B under "3.3.1 Principle 1" below to confirm that it will undertake an Environmental and Social Impact Assessment (ESIA) during the investigation phase to confirm that the project will not have undesirable environmental and social effects during the loan period."
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "MUFG Bank will require a client with a BL [bank loan] classified as Category A or B under "3.3.1 Principle 1" below to confirm that it will undertake an Environmental and Social Impact Assessment (ESIA) during the investigation phase to confirm that the project will not have undesirable environmental and social effects during the loan period."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "MUFG Bank will require a client with a BL [bank loan] classified as Category A or B under "3.3.1 Principle 1" below to confirm that it will undertake an Environmental and Social Impact Assessment (ESIA) during the investigation phase to confirm that the project will not have undesirable environmental and social effects during the loan period."
        • Clients/holdings must specify a cut-off date
          0/3.8
          • Commitment details
            No commitment
            0/3
            Commitment details
            No commitment
            0/3
            Is the cut-off date set by the financial institution?: No
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Target date for policy implementation
          3/3.8
          • Commitment details
            Required
            3/3
            Commitment details
            Required
            3/3
            What is the length of time the portfolio companies are given to meet their time-bound plans?: NA

            What is the target date for the full implementation of the financial institution's policy?: NA

            What is the deadline for the portfolio companies to become compliant with the policy?: NA
            "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. In addition to confirming that illegal logging and deforestation in high conservation value areas are not involved, 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
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
      • Associated Human Rights Abuses
        12/27
        • Clients/holdings must test Free, Prior and Informed Consent
          3.6/3.8
          • Commitment details
            Required
            3/3
            Commitment details
            Required
            3/3
            Does the financial institution require the client/holding to cease acquisition/expansion unless FPIC is given?: No
            "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
            0/0.2
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "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 clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "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
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "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"
        • Clients/holdings must have a grievance mechanism
          3.6/3.8
          • Commitment details
            Required
            3/3
            Commitment details
            Required
            3/3
            "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
            0/0.2
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "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 clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "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
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "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"
        • Clients/holdings must respect labour rights
          2.6/3.8
          • Commitment details
            Clients/holdings entire supply chain - Encouraged
            2/3
            Commitment details
            Clients/holdings entire supply chain - Encouraged
            2/3
            Does the financial institution ask the client/holding to protect the health and safety of its own operations or its supply chain workers?: No
            "The 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".
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "The 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".
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "The 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".
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "The 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".
        • Clients/holdings must address gender equality issues
          0/3.8