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Select an assessment year:

  • Overall approach
    4/10
    • Overarching commitment on deforestation
      4/6
      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
      0/2
    • Target to reduce emissions in scope 1/2
    • Company must have anti-corruption policy
      0/2
  • Commodity score
    38/90
    • Beef & Leather
      34/90
      • Commitment Strength
        12/31
        • Commodity-specific deforestation financing policy
          3.6/9.6
          • Commitment details
            Protects globally important landscapes (including UNESCO World Heritage Sites RAMSAR wetlands IUCN category 1-4 areas protected areas)
            2/8
            Commitment details
            Protects globally important landscapes (including UNESCO World Heritage Sites RAMSAR wetlands IUCN category 1-4 areas protected areas)
            2/8
            "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 B) Transactions which violate public order and good morals C) 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
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes B) Transactions which violate public order and good morals C) 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
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes B) Transactions which violate public order and good morals C) 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 companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes B) Transactions which violate public order and good morals C) 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
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes B) Transactions which violate public order and good morals C) 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)". 
        • Companies must be legally operated
          3.1/4.6
          • Commitment details
            Companies own operations - Required
            1.5/3
            Commitment details
            Companies own operations - Required
            1.5/3
            "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
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes"
        • Companies must monitor operations
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must conduct risk assessments
          5.6/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            "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
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "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
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "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 companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "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
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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."
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        14/27
        • Company must ensure Free, Prior and Informed Consent
          4.8/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            "Where a project may have impacts on indigenous peoples, the Portfolio Company will undertake the following measures...Undertake the process of free, prior and informed consent (FPIC) following the requirements of the IFC Performance Standards, the GCF Indigenous Peoples Policy, and the relevant national laws and policies"
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Where a project may have impacts on indigenous peoples, the Portfolio Company will undertake the following measures...Undertake the process of free, prior and informed consent (FPIC) following the requirements of the IFC Performance Standards, the GCF Indigenous Peoples Policy, and the relevant national laws and policies"
          • Policy applies to all companies
            No
            0/0.4
            Policy applies to all companies
            No
            0/0.4
            "Where a project may have impacts on indigenous peoples, the Portfolio Company will undertake the following measures...Undertake the process of free, prior and informed consent (FPIC) following the requirements of the IFC Performance Standards, the GCF Indigenous Peoples Policy, and the relevant national laws and policies"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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"
        • Companies must have a grievance mechanism
          5.2/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            "As a minimum requirement, following roles shall be fulfilled in every Portfolio Company...Managing social risks related to relevant stakeholders, particularly local communities living in or adjacent to the forest production area or depending on its resources. This includes stakeholder engagement, communication, grievance mechanisms and disclosure"
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "As a minimum requirement, following roles shall be fulfilled in every Portfolio Company...Managing social risks related to relevant stakeholders, particularly local communities living in or adjacent to the forest production area or depending on its resources. This includes stakeholder engagement, communication, grievance mechanisms and disclosure"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "As a minimum requirement, following roles shall be fulfilled in every Portfolio Company...Managing social risks related to relevant stakeholders, particularly local communities living in or adjacent to the forest production area or depending on its resources. This includes stakeholder engagement, communication, grievance mechanisms and disclosure"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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"
        • Company must respect labour rights
          4.2/5.6
          • Commitment details
            Companies entire supply chain - Encouraged
            3/4
            Commitment details
            Companies entire supply chain - Encouraged
            3/4
            Type of policy: ILO; Discrimination; Forced Labour; Child Labour; Freedom of Association
            "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
            0/0.4
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "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 companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "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
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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".
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            Encouraged
            Commitment details
            Encouraged
            0/0
            "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
            0/0.4
          • Policy applies to all deals
            0/0.4
            Policy applies to all deals
            0/0.4
            "The Fund will avoid investing in projects or companies which may involve non-resolvable land use conflicts with local communities."  
          • Policy applies to all companies
            0/0.4
            Policy applies to all companies
            0/0.4
            "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
            0/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0/0.4
            "The Fund will avoid investing in projects or companies which may involve non-resolvable land use conflicts with local communities."  
      • Reporting and Implementation
        9/31
        • Commitments must be timebound
          Encouraged
          2.5/5
          Commitments must be timebound
          Encouraged
          2.5/5
          "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."
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          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
          "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 companies
          No
          0/5
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
    • Palm oil
      42/90
      • Commitment Strength
        20/31
        • Commodity-specific deforestation financing policy
          7.6/9.6
          • Commitment details
            Zero-gross deforestation
            6/8
            Commitment details
            Zero-gross deforestation
            6/8
            "It is newly added that we will 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".
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "It is newly added that we will 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".
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "It is newly added that we will 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".
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "It is newly added that we will 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".
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "It is newly added that we will 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".
        • Companies must be legally operated
          3.1/4.6
          • Commitment details
            Companies own operations - Required
            1.5/3
            Commitment details
            Companies own operations - Required
            1.5/3
            "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
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes"
        • Companies must monitor operations
          3.6/5.6
          • Commitment details
            Encouraged
            2/4
            Commitment details
            Encouraged
            2/4
            Type of policy: Assurance mechanism

            Certification scheme (if applicable): RSPO
            "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
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "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
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "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 companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "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
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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."
        • Companies must conduct risk assessments
          5.6/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            "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
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "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
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "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 companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "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
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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."
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        14/27
        • Company must ensure Free, Prior and Informed Consent
          5.2/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            "Where a project may have impacts on indigenous peoples, the Portfolio Company will undertake the following measures...Undertake the process of free, prior and informed consent (FPIC) following the requirements of the IFC Performance Standards, the GCF Indigenous Peoples Policy, and the relevant national laws and policies"
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Where a project may have impacts on indigenous peoples, the Portfolio Company will undertake the following measures...Undertake the process of free, prior and informed consent (FPIC) following the requirements of the IFC Performance Standards, the GCF Indigenous Peoples Policy, and the relevant national laws and policies"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Where a project may have impacts on indigenous peoples, the Portfolio Company will undertake the following measures...Undertake the process of free, prior and informed consent (FPIC) following the requirements of the IFC Performance Standards, the GCF Indigenous Peoples Policy, and the relevant national laws and policies"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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"
        • Companies must have a grievance mechanism
          5.2/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            "As a minimum requirement, following roles shall be fulfilled in every Portfolio Company...Managing social risks related to relevant stakeholders, particularly local communities living in or adjacent to the forest production area or depending on its resources. This includes stakeholder engagement, communication, grievance mechanisms and disclosure"
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "As a minimum requirement, following roles shall be fulfilled in every Portfolio Company...Managing social risks related to relevant stakeholders, particularly local communities living in or adjacent to the forest production area or depending on its resources. This includes stakeholder engagement, communication, grievance mechanisms and disclosure"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "As a minimum requirement, following roles shall be fulfilled in every Portfolio Company...Managing social risks related to relevant stakeholders, particularly local communities living in or adjacent to the forest production area or depending on its resources. This includes stakeholder engagement, communication, grievance mechanisms and disclosure"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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"
        • Company must respect labour rights
          4.2/5.6
          • Commitment details
            Companies entire supply chain - Encouraged
            3/4
            Commitment details
            Companies entire supply chain - Encouraged
            3/4
            Type of policy: ILO; Discrimination; Forced Labour; Child Labour; Freedom of Association
            "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
            0/0.4
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "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 companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "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
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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".
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            Encouraged
            Commitment details
            Encouraged
            0/0
            "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
            0/0.4
          • Policy applies to all deals
            All financing
            0/0.4
            Policy applies to all deals
            All financing
            0/0.4
            "The Fund will avoid investing in projects or companies which may involve non-resolvable land use conflicts with local communities."  
          • Policy applies to all companies
            All financing
            0/0.4
            Policy applies to all companies
            All financing
            0/0.4
            "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
            0/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0/0.4
            "The Fund will avoid investing in projects or companies which may involve non-resolvable land use conflicts with local communities."  
      • Reporting and Implementation
        9/31
        • Commitments must be timebound
          Encouraged
          2.5/5
          Commitments must be timebound
          Encouraged
          2.5/5
          "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."
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          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
          "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 companies
          No
          0/5
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
    • Soy
      34/90
      • Commitment Strength
        12/31
        • Commodity-specific deforestation financing policy
          3.6/9.6
          • Commitment details
            Protects globally important landscapes (including UNESCO World Heritage Sites RAMSAR wetlands IUCN category 1-4 areas protected areas)
            2/8
            Commitment details
            Protects globally important landscapes (including UNESCO World Heritage Sites RAMSAR wetlands IUCN category 1-4 areas protected areas)
            2/8
            "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 B) Transactions which violate public order and good morals C) 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
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes B) Transactions which violate public order and good morals C) 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
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes B) Transactions which violate public order and good morals C) 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 companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes B) Transactions which violate public order and good morals C) 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
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes B) Transactions which violate public order and good morals C) 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)". 
        • Companies must be legally operated
          3.1/4.6
          • Commitment details
            Companies own operations - Required
            1.5/3
            Commitment details
            Companies own operations - Required
            1.5/3
            "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
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes"
        • Companies must monitor operations
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must conduct risk assessments
          5.6/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            "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
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "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
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "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 companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "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
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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."
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        14/27
        • Company must ensure Free, Prior and Informed Consent
          4.8/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            "Where a project may have impacts on indigenous peoples, the Portfolio Company will undertake the following measures...Undertake the process of free, prior and informed consent (FPIC) following the requirements of the IFC Performance Standards, the GCF Indigenous Peoples Policy, and the relevant national laws and policies"
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Where a project may have impacts on indigenous peoples, the Portfolio Company will undertake the following measures...Undertake the process of free, prior and informed consent (FPIC) following the requirements of the IFC Performance Standards, the GCF Indigenous Peoples Policy, and the relevant national laws and policies"
          • Policy applies to all companies
            No
            0/0.4
            Policy applies to all companies
            No
            0/0.4
            "Where a project may have impacts on indigenous peoples, the Portfolio Company will undertake the following measures...Undertake the process of free, prior and informed consent (FPIC) following the requirements of the IFC Performance Standards, the GCF Indigenous Peoples Policy, and the relevant national laws and policies"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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"
        • Companies must have a grievance mechanism
          5.2/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            "As a minimum requirement, following roles shall be fulfilled in every Portfolio Company...Managing social risks related to relevant stakeholders, particularly local communities living in or adjacent to the forest production area or depending on its resources. This includes stakeholder engagement, communication, grievance mechanisms and disclosure"
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "As a minimum requirement, following roles shall be fulfilled in every Portfolio Company...Managing social risks related to relevant stakeholders, particularly local communities living in or adjacent to the forest production area or depending on its resources. This includes stakeholder engagement, communication, grievance mechanisms and disclosure"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "As a minimum requirement, following roles shall be fulfilled in every Portfolio Company...Managing social risks related to relevant stakeholders, particularly local communities living in or adjacent to the forest production area or depending on its resources. This includes stakeholder engagement, communication, grievance mechanisms and disclosure"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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"
        • Company must respect labour rights
          4.2/5.6
          • Commitment details
            Companies entire supply chain - Encouraged
            3/4
            Commitment details
            Companies entire supply chain - Encouraged
            3/4
            Type of policy: ILO; Discrimination; Forced Labour; Child Labour; Freedom of Association
            "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
            0/0.4
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "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 companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "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
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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".
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            Encouraged
            Commitment details
            Encouraged
            0/0
            "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
            0/0.4
          • Policy applies to all deals
            All financing
            0/0.4
            Policy applies to all deals
            All financing
            0/0.4
            "The Fund will avoid investing in projects or companies which may involve non-resolvable land use conflicts with local communities."  
          • Policy applies to all companies
            All financing
            0/0.4
            Policy applies to all companies
            All financing
            0/0.4
            "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
            0/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0/0.4
            "The Fund will avoid investing in projects or companies which may involve non-resolvable land use conflicts with local communities."  
      • Reporting and Implementation
        9/31
        • Commitments must be timebound
          Encouraged
          2.5/5
          Commitments must be timebound
          Encouraged
          2.5/5
          "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."
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          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
          "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 companies
          No
          0/5
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
    • Timber, Pulp & Paper
      42/90
      • Commitment Strength
        18/31
        • Commodity-specific deforestation financing policy
          3.6/9.6
          • Commitment details
            Protects globally important landscapes (including UNESCO World Heritage Sites RAMSAR wetlands IUCN category 1-4 areas protected areas)
            2/8
            Commitment details
            Protects globally important landscapes (including UNESCO World Heritage Sites RAMSAR wetlands IUCN category 1-4 areas protected areas)
            2/8
            "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
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "When we consider providing financing for logging businesses, including the development and management of forest plantations, we assess the status of such client’s consideration for environmental and social impacts. 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
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "When we consider providing financing for logging businesses, including the development and management of forest plantations, we assess the status of such client’s consideration for environmental and social impacts. 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 companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "When we consider providing financing for logging businesses, including the development and management of forest plantations, we assess the status of such client’s consideration for environmental and social impacts. 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
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "When we consider providing financing for logging businesses, including the development and management of forest plantations, we assess the status of such client’s consideration for environmental and social impacts. 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)".
        • Companies must be legally operated
          3.1/4.6
          • Commitment details
            Companies own operations - Required
            1.5/3
            Commitment details
            Companies own operations - Required
            1.5/3
            "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
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "The transactions listed below are considered as having significant environmental and social risks or impacts. In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided. A) Illegal transactions and transactions for illegal purposes"
        • Companies must monitor operations
          5.4/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            Certification scheme (if applicable): FSC

            Type of policy: 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
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "When we consider providing financing for logging businesses, including the development and management of forest plantations, we assess the status of such client’s consideration for environmental and social impacts. 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
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "When we consider providing financing for logging businesses, including the development and management of forest plantations, we assess the status of such client’s consideration for environmental and social impacts. 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 companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "When we consider providing financing for logging businesses, including the development and management of forest plantations, we assess the status of such client’s consideration for environmental and social impacts. 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
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "When we consider providing financing for logging businesses, including the development and management of forest plantations, we assess the status of such client’s consideration for environmental and social impacts. 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".
        • Companies must conduct risk assessments
          5.6/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            "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
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "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
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "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 companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "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
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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."
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        14/27
        • Company must ensure Free, Prior and Informed Consent
          5.2/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            "Where a project may have impacts on indigenous peoples, the Portfolio Company will undertake the following measures...Undertake the process of free, prior and informed consent (FPIC) following the requirements of the IFC Performance Standards, the GCF Indigenous Peoples Policy, and the relevant national laws and policies"
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
            "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 deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Where a project may have impacts on indigenous peoples, the Portfolio Company will undertake the following measures...Undertake the process of free, prior and informed consent (FPIC) following the requirements of the IFC Performance Standards, the GCF Indigenous Peoples Policy, and the relevant national laws and policies"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Where a project may have impacts on indigenous peoples, the Portfolio Company will undertake the following measures...Undertake the process of free, prior and informed consent (FPIC) following the requirements of the IFC Performance Standards, the GCF Indigenous Peoples Policy, and the relevant national laws and policies"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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"
        • Companies must have a grievance mechanism
          5.2/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            "As a minimum requirement, following roles shall be fulfilled in every Portfolio Company...Managing social risks related to relevant stakeholders, particularly local communities living in or adjacent to the forest production area or depending on its resources. This includes stakeholder engagement, communication, grievance mechanisms and disclosure"
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "As a minimum requirement, following roles shall be fulfilled in every Portfolio Company...Managing social risks related to relevant stakeholders, particularly local communities living in or adjacent to the forest production area or depending on its resources. This includes stakeholder engagement, communication, grievance mechanisms and disclosure"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "As a minimum requirement, following roles shall be fulfilled in every Portfolio Company...Managing social risks related to relevant stakeholders, particularly local communities living in or adjacent to the forest production area or depending on its resources. This includes stakeholder engagement, communication, grievance mechanisms and disclosure"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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"
        • Company must respect labour rights
          4.2/5.6
          • Commitment details
            Companies entire supply chain - Encouraged
            3/4
            Commitment details
            Companies entire supply chain - Encouraged
            3/4
            Type of policy: ILO; Discrimination; Forced Labour; Child Labour; Freedom of Association
            "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
            0/0.4
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "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 companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "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
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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".
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4