Download data

Select an assessment year:

  • Overall approach
    0/10
    • Overarching commitment on deforestation
      0/6
    • Deforestation as a business risk
      0/2
    • Target to reduce emissions in scope 1/2
      Yes
      0/0
      "The CCCA commits NAB Group to aligning our lending portfolio to net zero carbon emissions by 2050 [...] There is more to do and we are working closely with our customers to help them transition their businesses to net zero emissions by 2050." 
    • Company must have anti-corruption policy
      0/2
  • Commodity score
    7/90
    • Beef & Leather
      7/90
      • Commitment Strength
        0/31
        • Commodity-specific deforestation financing policy
          0/9.6
          • Commitment details
            No commitment
            0/8
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must be legally operated
          0/4.6
          • Commitment details
            No commitment
            0/3
          • 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 monitor operations
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        7/27
        • Company must ensure Free, Prior and Informed Consent
          3.6/5.6
          • Commitment details
            Encouraged
            2/4
            Commitment details
            Encouraged
            2/4
            NAB includes FPIC in their risk assessments of financing - "NAB includes the issue of land rights in our ESG risk assessment processes for lending and procurement. This issue is particularly relevant when we assess proposals for lending provided to companies in the soft commodities, forestry and mining sectors, where there is potential for land acquisition issues to impact on indigenous communities/landholders in developing countries. [...] Improper land acquisition occurs largely in developing countries, where disputes arise over rights to land and natural resources. These disputes arise because: (i) land rights are not clearly defined and large scale commercial land acquisition may have proceeded without free, prior and informed consent of local and indigenous communities or without due regard to legal processes"
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            NAB includes FPIC in their risk assessments of financing - "NAB includes the issue of land rights in our ESG risk assessment processes for lending and procurement. This issue is particularly relevant when we assess proposals for lending provided to companies in the soft commodities, forestry and mining sectors, where there is potential for land acquisition issues to impact on indigenous communities/landholders in developing countries. [...] Improper land acquisition occurs largely in developing countries, where disputes arise over rights to land and natural resources. These disputes arise because: (i) land rights are not clearly defined and large scale commercial land acquisition may have proceeded without free, prior and informed consent of local and indigenous communities or without due regard to legal processes"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            NAB includes FPIC in their risk assessments of financing - "NAB includes the issue of land rights in our ESG risk assessment processes for lending and procurement. This issue is particularly relevant when we assess proposals for lending provided to companies in the soft commodities, forestry and mining sectors, where there is potential for land acquisition issues to impact on indigenous communities/landholders in developing countries. [...] Improper land acquisition occurs largely in developing countries, where disputes arise over rights to land and natural resources. These disputes arise because: (i) land rights are not clearly defined and large scale commercial land acquisition may have proceeded without free, prior and informed consent of local and indigenous communities or without due regard to legal processes"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            NAB includes FPIC in their risk assessments of financing - "NAB includes the issue of land rights in our ESG risk assessment processes for lending and procurement. This issue is particularly relevant when we assess proposals for lending provided to companies in the soft commodities, forestry and mining sectors, where there is potential for land acquisition issues to impact on indigenous communities/landholders in developing countries. [...] Improper land acquisition occurs largely in developing countries, where disputes arise over rights to land and natural resources. These disputes arise because: (i) land rights are not clearly defined and large scale commercial land acquisition may have proceeded without free, prior and informed consent of local and indigenous communities or without due regard to legal processes"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            NAB includes FPIC in their risk assessments of financing - "NAB includes the issue of land rights in our ESG risk assessment processes for lending and procurement. This issue is particularly relevant when we assess proposals for lending provided to companies in the soft commodities, forestry and mining sectors, where there is potential for land acquisition issues to impact on indigenous communities/landholders in developing countries. [...] Improper land acquisition occurs largely in developing countries, where disputes arise over rights to land and natural resources. These disputes arise because: (i) land rights are not clearly defined and large scale commercial land acquisition may have proceeded without free, prior and informed consent of local and indigenous communities or without due regard to legal processes"
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          3.6/5.6
          • Commitment details
            Companies own operations - Required
            2/4
            Commitment details
            Companies own operations - Required
            2/4
            Type of policy: ILO; UNGP; UN Declaration of HR; Discrimination; Forced Labour; Child Labour; Freedom of Association
            "This Policy provides the human rights requirements that must be met [...] The Group recognises that human rights concerns can arise not only in its own operations, but also via interactions with external parties – in particular, business relationships, customer interactions, financing and investments, supply chain management and the communities served." They then "commit to uphold the ILO, UNGP and UN Declaration of human rights, stating the ILO principles "The ILO eight core conventions address the need to respect, promote and realise fundamental rights related to Non-Discrimination / Diversity (ILO convention No. 111), Equal Remuneration female/male (ILO convention No. 100), Freedom of Association, Right to Organise and Collective Bargaining (ILO convention No. 87,98), Forced Labour (ILO Convention No. 29, 105), Minimum Age/ Child Labour (ILO Convention No. 138, 182)."
          • 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
            "This Policy provides the human rights requirements that must be met [...] The Group recognises that human rights concerns can arise not only in its own operations, but also via interactions with external parties – in particular, business relationships, customer interactions, financing and investments, supply chain management and the communities served." They then "commit to uphold the ILO, UNGP and UN Declaration of human rights, stating the ILO principles "The ILO eight core conventions address the need to respect, promote and realise fundamental rights related to Non-Discrimination / Diversity (ILO convention No. 111), Equal Remuneration female/male (ILO convention No. 100), Freedom of Association, Right to Organise and Collective Bargaining (ILO convention No. 87,98), Forced Labour (ILO Convention No. 29, 105), Minimum Age/ Child Labour (ILO Convention No. 138, 182)."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "This Policy provides the human rights requirements that must be met [...] The Group recognises that human rights concerns can arise not only in its own operations, but also via interactions with external parties – in particular, business relationships, customer interactions, financing and investments, supply chain management and the communities served." They then "commit to uphold the ILO, UNGP and UN Declaration of human rights, stating the ILO principles "The ILO eight core conventions address the need to respect, promote and realise fundamental rights related to Non-Discrimination / Diversity (ILO convention No. 111), Equal Remuneration female/male (ILO convention No. 100), Freedom of Association, Right to Organise and Collective Bargaining (ILO convention No. 87,98), Forced Labour (ILO Convention No. 29, 105), Minimum Age/ Child Labour (ILO Convention No. 138, 182)."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "This Policy provides the human rights requirements that must be met [...] The Group recognises that human rights concerns can arise not only in its own operations, but also via interactions with external parties – in particular, business relationships, customer interactions, financing and investments, supply chain management and the communities served." They then "commit to uphold the ILO, UNGP and UN Declaration of human rights, stating the ILO principles "The ILO eight core conventions address the need to respect, promote and realise fundamental rights related to Non-Discrimination / Diversity (ILO convention No. 111), Equal Remuneration female/male (ILO convention No. 100), Freedom of Association, Right to Organise and Collective Bargaining (ILO convention No. 87,98), Forced Labour (ILO Convention No. 29, 105), Minimum Age/ Child Labour (ILO Convention No. 138, 182)."
          • 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
            "This Policy provides the human rights requirements that must be met [...] The Group recognises that human rights concerns can arise not only in its own operations, but also via interactions with external parties – in particular, business relationships, customer interactions, financing and investments, supply chain management and the communities served." They then "commit to uphold the ILO, UNGP and UN Declaration of human rights, stating the ILO principles "The ILO eight core conventions address the need to respect, promote and realise fundamental rights related to Non-Discrimination / Diversity (ILO convention No. 111), Equal Remuneration female/male (ILO convention No. 100), Freedom of Association, Right to Organise and Collective Bargaining (ILO convention No. 87,98), Forced Labour (ILO Convention No. 29, 105), Minimum Age/ Child Labour (ILO Convention No. 138, 182)."
        • 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
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        0/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          No
          0/2
        • Monitoring and non-compliance process
          No
          0/5
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
    • Palm oil
      7/90
      • Commitment Strength
        0/31
        • Commodity-specific deforestation financing policy
          0/9.6
          • Commitment details
            No commitment
            0/8
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must be legally operated
          0/4.6
          • Commitment details
            No commitment
            0/3
          • 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 monitor operations
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        7/27
        • Company must ensure Free, Prior and Informed Consent
          3.6/5.6
          • Commitment details
            Encouraged
            2/4
            Commitment details
            Encouraged
            2/4
            NAB includes FPIC in their risk assessments of financing - "NAB includes the issue of land rights in our ESG risk assessment processes for lending and procurement. This issue is particularly relevant when we assess proposals for lending provided to companies in the soft commodities, forestry and mining sectors, where there is potential for land acquisition issues to impact on indigenous communities/landholders in developing countries. [...] Improper land acquisition occurs largely in developing countries, where disputes arise over rights to land and natural resources. These disputes arise because: (i) land rights are not clearly defined and large scale commercial land acquisition may have proceeded without free, prior and informed consent of local and indigenous communities or without due regard to legal processes"
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            NAB includes FPIC in their risk assessments of financing - "NAB includes the issue of land rights in our ESG risk assessment processes for lending and procurement. This issue is particularly relevant when we assess proposals for lending provided to companies in the soft commodities, forestry and mining sectors, where there is potential for land acquisition issues to impact on indigenous communities/landholders in developing countries. [...] Improper land acquisition occurs largely in developing countries, where disputes arise over rights to land and natural resources. These disputes arise because: (i) land rights are not clearly defined and large scale commercial land acquisition may have proceeded without free, prior and informed consent of local and indigenous communities or without due regard to legal processes"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            NAB includes FPIC in their risk assessments of financing - "NAB includes the issue of land rights in our ESG risk assessment processes for lending and procurement. This issue is particularly relevant when we assess proposals for lending provided to companies in the soft commodities, forestry and mining sectors, where there is potential for land acquisition issues to impact on indigenous communities/landholders in developing countries. [...] Improper land acquisition occurs largely in developing countries, where disputes arise over rights to land and natural resources. These disputes arise because: (i) land rights are not clearly defined and large scale commercial land acquisition may have proceeded without free, prior and informed consent of local and indigenous communities or without due regard to legal processes"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            NAB includes FPIC in their risk assessments of financing - "NAB includes the issue of land rights in our ESG risk assessment processes for lending and procurement. This issue is particularly relevant when we assess proposals for lending provided to companies in the soft commodities, forestry and mining sectors, where there is potential for land acquisition issues to impact on indigenous communities/landholders in developing countries. [...] Improper land acquisition occurs largely in developing countries, where disputes arise over rights to land and natural resources. These disputes arise because: (i) land rights are not clearly defined and large scale commercial land acquisition may have proceeded without free, prior and informed consent of local and indigenous communities or without due regard to legal processes"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            NAB includes FPIC in their risk assessments of financing - "NAB includes the issue of land rights in our ESG risk assessment processes for lending and procurement. This issue is particularly relevant when we assess proposals for lending provided to companies in the soft commodities, forestry and mining sectors, where there is potential for land acquisition issues to impact on indigenous communities/landholders in developing countries. [...] Improper land acquisition occurs largely in developing countries, where disputes arise over rights to land and natural resources. These disputes arise because: (i) land rights are not clearly defined and large scale commercial land acquisition may have proceeded without free, prior and informed consent of local and indigenous communities or without due regard to legal processes"
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          3.6/5.6
          • Commitment details
            Companies own operations - Required
            2/4
            Commitment details
            Companies own operations - Required
            2/4
            Type of policy: ILO; UNGP; UN Declaration of HR; Discrimination; Forced Labour; Child Labour; Freedom of Association
            "This Policy provides the human rights requirements that must be met [...] The Group recognises that human rights concerns can arise not only in its own operations, but also via interactions with external parties – in particular, business relationships, customer interactions, financing and investments, supply chain management and the communities served." They then "commit to uphold the ILO, UNGP and UN Declaration of human rights, stating the ILO principles "The ILO eight core conventions address the need to respect, promote and realise fundamental rights related to Non-Discrimination / Diversity (ILO convention No. 111), Equal Remuneration female/male (ILO convention No. 100), Freedom of Association, Right to Organise and Collective Bargaining (ILO convention No. 87,98), Forced Labour (ILO Convention No. 29, 105), Minimum Age/ Child Labour (ILO Convention No. 138, 182)." 
          • 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
            "This Policy provides the human rights requirements that must be met [...] The Group recognises that human rights concerns can arise not only in its own operations, but also via interactions with external parties – in particular, business relationships, customer interactions, financing and investments, supply chain management and the communities served." They then "commit to uphold the ILO, UNGP and UN Declaration of human rights, stating the ILO principles "The ILO eight core conventions address the need to respect, promote and realise fundamental rights related to Non-Discrimination / Diversity (ILO convention No. 111), Equal Remuneration female/male (ILO convention No. 100), Freedom of Association, Right to Organise and Collective Bargaining (ILO convention No. 87,98), Forced Labour (ILO Convention No. 29, 105), Minimum Age/ Child Labour (ILO Convention No. 138, 182)." 
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "This Policy provides the human rights requirements that must be met [...] The Group recognises that human rights concerns can arise not only in its own operations, but also via interactions with external parties – in particular, business relationships, customer interactions, financing and investments, supply chain management and the communities served." They then "commit to uphold the ILO, UNGP and UN Declaration of human rights, stating the ILO principles "The ILO eight core conventions address the need to respect, promote and realise fundamental rights related to Non-Discrimination / Diversity (ILO convention No. 111), Equal Remuneration female/male (ILO convention No. 100), Freedom of Association, Right to Organise and Collective Bargaining (ILO convention No. 87,98), Forced Labour (ILO Convention No. 29, 105), Minimum Age/ Child Labour (ILO Convention No. 138, 182)." 
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "This Policy provides the human rights requirements that must be met [...] The Group recognises that human rights concerns can arise not only in its own operations, but also via interactions with external parties – in particular, business relationships, customer interactions, financing and investments, supply chain management and the communities served." They then "commit to uphold the ILO, UNGP and UN Declaration of human rights, stating the ILO principles "The ILO eight core conventions address the need to respect, promote and realise fundamental rights related to Non-Discrimination / Diversity (ILO convention No. 111), Equal Remuneration female/male (ILO convention No. 100), Freedom of Association, Right to Organise and Collective Bargaining (ILO convention No. 87,98), Forced Labour (ILO Convention No. 29, 105), Minimum Age/ Child Labour (ILO Convention No. 138, 182)." 
          • 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
            "This Policy provides the human rights requirements that must be met [...] The Group recognises that human rights concerns can arise not only in its own operations, but also via interactions with external parties – in particular, business relationships, customer interactions, financing and investments, supply chain management and the communities served." They then "commit to uphold the ILO, UNGP and UN Declaration of human rights, stating the ILO principles "The ILO eight core conventions address the need to respect, promote and realise fundamental rights related to Non-Discrimination / Diversity (ILO convention No. 111), Equal Remuneration female/male (ILO convention No. 100), Freedom of Association, Right to Organise and Collective Bargaining (ILO convention No. 87,98), Forced Labour (ILO Convention No. 29, 105), Minimum Age/ Child Labour (ILO Convention No. 138, 182)." 
        • 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
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        0/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          No
          0/2
        • Monitoring and non-compliance process
          No
          0/5
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
          Ethical product in portfolio
          No
          0/0
          What does green finance product cover?:  
    • Soy
      7/90
      • Commitment Strength
        0/31
        • Commodity-specific deforestation financing policy
          0/9.6
          • Commitment details
            No commitment
            0/8
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must be legally operated
          0/4.6
          • Commitment details
            No commitment
            0/3
          • 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 monitor operations
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        7/27
        • Company must ensure Free, Prior and Informed Consent
          3.6/5.6
          • Commitment details
            Encouraged
            2/4
            Commitment details
            Encouraged
            2/4
            NAB includes FPIC in their risk assessments of financing - "NAB includes the issue of land rights in our ESG risk assessment processes for lending and procurement. This issue is particularly relevant when we assess proposals for lending provided to companies in the soft commodities, forestry and mining sectors, where there is potential for land acquisition issues to impact on indigenous communities/landholders in developing countries. [...] Improper land acquisition occurs largely in developing countries, where disputes arise over rights to land and natural resources. These disputes arise because: (i) land rights are not clearly defined and large scale commercial land acquisition may have proceeded without free, prior and informed consent of local and indigenous communities or without due regard to legal processes"
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            NAB includes FPIC in their risk assessments of financing - "NAB includes the issue of land rights in our ESG risk assessment processes for lending and procurement. This issue is particularly relevant when we assess proposals for lending provided to companies in the soft commodities, forestry and mining sectors, where there is potential for land acquisition issues to impact on indigenous communities/landholders in developing countries. [...] Improper land acquisition occurs largely in developing countries, where disputes arise over rights to land and natural resources. These disputes arise because: (i) land rights are not clearly defined and large scale commercial land acquisition may have proceeded without free, prior and informed consent of local and indigenous communities or without due regard to legal processes"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            NAB includes FPIC in their risk assessments of financing - "NAB includes the issue of land rights in our ESG risk assessment processes for lending and procurement. This issue is particularly relevant when we assess proposals for lending provided to companies in the soft commodities, forestry and mining sectors, where there is potential for land acquisition issues to impact on indigenous communities/landholders in developing countries. [...] Improper land acquisition occurs largely in developing countries, where disputes arise over rights to land and natural resources. These disputes arise because: (i) land rights are not clearly defined and large scale commercial land acquisition may have proceeded without free, prior and informed consent of local and indigenous communities or without due regard to legal processes"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            NAB includes FPIC in their risk assessments of financing - "NAB includes the issue of land rights in our ESG risk assessment processes for lending and procurement. This issue is particularly relevant when we assess proposals for lending provided to companies in the soft commodities, forestry and mining sectors, where there is potential for land acquisition issues to impact on indigenous communities/landholders in developing countries. [...] Improper land acquisition occurs largely in developing countries, where disputes arise over rights to land and natural resources. These disputes arise because: (i) land rights are not clearly defined and large scale commercial land acquisition may have proceeded without free, prior and informed consent of local and indigenous communities or without due regard to legal processes"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            NAB includes FPIC in their risk assessments of financing - "NAB includes the issue of land rights in our ESG risk assessment processes for lending and procurement. This issue is particularly relevant when we assess proposals for lending provided to companies in the soft commodities, forestry and mining sectors, where there is potential for land acquisition issues to impact on indigenous communities/landholders in developing countries. [...] Improper land acquisition occurs largely in developing countries, where disputes arise over rights to land and natural resources. These disputes arise because: (i) land rights are not clearly defined and large scale commercial land acquisition may have proceeded without free, prior and informed consent of local and indigenous communities or without due regard to legal processes"
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          3.6/5.6
          • Commitment details
            Companies own operations - Required
            2/4
            Commitment details
            Companies own operations - Required
            2/4
            Type of policy: ILO; UNGP; UN Declaration of HR; Discrimination; Forced Labour; Child Labour; Freedom of Association
            "This Policy provides the human rights requirements that must be met [...] The Group recognises that human rights concerns can arise not only in its own operations, but also via interactions with external parties – in particular, business relationships, customer interactions, financing and investments, supply chain management and the communities served." They then "commit to uphold the ILO, UNGP and UN Declaration of human rights, stating the ILO principles "The ILO eight core conventions address the need to respect, promote and realise fundamental rights related to Non-Discrimination / Diversity (ILO convention No. 111), Equal Remuneration female/male (ILO convention No. 100), Freedom of Association, Right to Organise and Collective Bargaining (ILO convention No. 87,98), Forced Labour (ILO Convention No. 29, 105), Minimum Age/ Child Labour (ILO Convention No. 138, 182)."
          • 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
            "This Policy provides the human rights requirements that must be met [...] The Group recognises that human rights concerns can arise not only in its own operations, but also via interactions with external parties – in particular, business relationships, customer interactions, financing and investments, supply chain management and the communities served." They then "commit to uphold the ILO, UNGP and UN Declaration of human rights, stating the ILO principles "The ILO eight core conventions address the need to respect, promote and realise fundamental rights related to Non-Discrimination / Diversity (ILO convention No. 111), Equal Remuneration female/male (ILO convention No. 100), Freedom of Association, Right to Organise and Collective Bargaining (ILO convention No. 87,98), Forced Labour (ILO Convention No. 29, 105), Minimum Age/ Child Labour (ILO Convention No. 138, 182)."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "This Policy provides the human rights requirements that must be met [...] The Group recognises that human rights concerns can arise not only in its own operations, but also via interactions with external parties – in particular, business relationships, customer interactions, financing and investments, supply chain management and the communities served." They then "commit to uphold the ILO, UNGP and UN Declaration of human rights, stating the ILO principles "The ILO eight core conventions address the need to respect, promote and realise fundamental rights related to Non-Discrimination / Diversity (ILO convention No. 111), Equal Remuneration female/male (ILO convention No. 100), Freedom of Association, Right to Organise and Collective Bargaining (ILO convention No. 87,98), Forced Labour (ILO Convention No. 29, 105), Minimum Age/ Child Labour (ILO Convention No. 138, 182)."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "This Policy provides the human rights requirements that must be met [...] The Group recognises that human rights concerns can arise not only in its own operations, but also via interactions with external parties – in particular, business relationships, customer interactions, financing and investments, supply chain management and the communities served." They then "commit to uphold the ILO, UNGP and UN Declaration of human rights, stating the ILO principles "The ILO eight core conventions address the need to respect, promote and realise fundamental rights related to Non-Discrimination / Diversity (ILO convention No. 111), Equal Remuneration female/male (ILO convention No. 100), Freedom of Association, Right to Organise and Collective Bargaining (ILO convention No. 87,98), Forced Labour (ILO Convention No. 29, 105), Minimum Age/ Child Labour (ILO Convention No. 138, 182)."
          • 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
            "This Policy provides the human rights requirements that must be met [...] The Group recognises that human rights concerns can arise not only in its own operations, but also via interactions with external parties – in particular, business relationships, customer interactions, financing and investments, supply chain management and the communities served." They then "commit to uphold the ILO, UNGP and UN Declaration of human rights, stating the ILO principles "The ILO eight core conventions address the need to respect, promote and realise fundamental rights related to Non-Discrimination / Diversity (ILO convention No. 111), Equal Remuneration female/male (ILO convention No. 100), Freedom of Association, Right to Organise and Collective Bargaining (ILO convention No. 87,98), Forced Labour (ILO Convention No. 29, 105), Minimum Age/ Child Labour (ILO Convention No. 138, 182)."
        • 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
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        0/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          No
          0/2
        • Monitoring and non-compliance process
          No
          0/5
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
    • Timber, Pulp & Paper
      7/90
      • Commitment Strength
        0/31
        • Commodity-specific deforestation financing policy
          0/9.6
          • Commitment details
            No commitment
            0/8
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must be legally operated
          0/4.6
          • Commitment details
            No commitment
            0/3
          • 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 monitor operations
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        7/27
        • Company must ensure Free, Prior and Informed Consent
          3.6/5.6
          • Commitment details
            Encouraged
            2/4
            Commitment details
            Encouraged
            2/4
             NAB includes FPIC in their risk assessments of financing - "NAB includes the issue of land rights in our ESG risk assessment processes for lending and procurement. This issue is particularly relevant when we assess proposals for lending provided to companies in the soft commodities, forestry and mining sectors, where there is potential for land acquisition issues to impact on indigenous communities/landholders in developing countries. [...] Improper land acquisition occurs largely in developing countries, where disputes arise over rights to land and natural resources. These disputes arise because: (i) land rights are not clearly defined and large scale commercial land acquisition may have proceeded without free, prior and informed consent of local and indigenous communities or without due regard to legal processes"
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            NAB includes FPIC in their risk assessments of financing - "NAB includes the issue of land rights in our ESG risk assessment processes for lending and procurement. This issue is particularly relevant when we assess proposals for lending provided to companies in the soft commodities, forestry and mining sectors, where there is potential for land acquisition issues to impact on indigenous communities/landholders in developing countries. [...] Improper land acquisition occurs largely in developing countries, where disputes arise over rights to land and natural resources. These disputes arise because: (i) land rights are not clearly defined and large scale commercial land acquisition may have proceeded without free, prior and informed consent of local and indigenous communities or without due regard to legal processes"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            NAB includes FPIC in their risk assessments of financing - "NAB includes the issue of land rights in our ESG risk assessment processes for lending and procurement. This issue is particularly relevant when we assess proposals for lending provided to companies in the soft commodities, forestry and mining sectors, where there is potential for land acquisition issues to impact on indigenous communities/landholders in developing countries. [...] Improper land acquisition occurs largely in developing countries, where disputes arise over rights to land and natural resources. These disputes arise because: (i) land rights are not clearly defined and large scale commercial land acquisition may have proceeded without free, prior and informed consent of local and indigenous communities or without due regard to legal processes"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            NAB includes FPIC in their risk assessments of financing - "NAB includes the issue of land rights in our ESG risk assessment processes for lending and procurement. This issue is particularly relevant when we assess proposals for lending provided to companies in the soft commodities, forestry and mining sectors, where there is potential for land acquisition issues to impact on indigenous communities/landholders in developing countries. [...] Improper land acquisition occurs largely in developing countries, where disputes arise over rights to land and natural resources. These disputes arise because: (i) land rights are not clearly defined and large scale commercial land acquisition may have proceeded without free, prior and informed consent of local and indigenous communities or without due regard to legal processes"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            NAB includes FPIC in their risk assessments of financing - "NAB includes the issue of land rights in our ESG risk assessment processes for lending and procurement. This issue is particularly relevant when we assess proposals for lending provided to companies in the soft commodities, forestry and mining sectors, where there is potential for land acquisition issues to impact on indigenous communities/landholders in developing countries. [...] Improper land acquisition occurs largely in developing countries, where disputes arise over rights to land and natural resources. These disputes arise because: (i) land rights are not clearly defined and large scale commercial land acquisition may have proceeded without free, prior and informed consent of local and indigenous communities or without due regard to legal processes"
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          3.6/5.6
          • Commitment details
            Companies own operations - Required
            2/4
            Commitment details
            Companies own operations - Required
            2/4
            Type of policy: ILO; UNGP; UN Declaration of HR; Discrimination; Forced Labour; Child Labour; Freedom of Association
            "This Policy provides the human rights requirements that must be met [...] The Group recognises that human rights concerns can arise not only in its own operations, but also via interactions with external parties – in particular, business relationships, customer interactions, financing and investments, supply chain management and the communities served." They then "commit to uphold the ILO, UNGP and UN Declaration of human rights, stating the ILO principles "The ILO eight core conventions address the need to respect, promote and realise fundamental rights related to Non-Discrimination / Diversity (ILO convention No. 111), Equal Remuneration female/male (ILO convention No. 100), Freedom of Association, Right to Organise and Collective Bargaining (ILO convention No. 87,98), Forced Labour (ILO Convention No. 29, 105), Minimum Age/ Child Labour (ILO Convention No. 138, 182)."
          • 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
            "This Policy provides the human rights requirements that must be met [...] The Group recognises that human rights concerns can arise not only in its own operations, but also via interactions with external parties – in particular, business relationships, customer interactions, financing and investments, supply chain management and the communities served." They then "commit to uphold the ILO, UNGP and UN Declaration of human rights, stating the ILO principles "The ILO eight core conventions address the need to respect, promote and realise fundamental rights related to Non-Discrimination / Diversity (ILO convention No. 111), Equal Remuneration female/male (ILO convention No. 100), Freedom of Association, Right to Organise and Collective Bargaining (ILO convention No. 87,98), Forced Labour (ILO Convention No. 29, 105), Minimum Age/ Child Labour (ILO Convention No. 138, 182)."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "This Policy provides the human rights requirements that must be met [...] The Group recognises that human rights concerns can arise not only in its own operations, but also via interactions with external parties – in particular, business relationships, customer interactions, financing and investments, supply chain management and the communities served." They then "commit to uphold the ILO, UNGP and UN Declaration of human rights, stating the ILO principles "The ILO eight core conventions address the need to respect, promote and realise fundamental rights related to Non-Discrimination / Diversity (ILO convention No. 111), Equal Remuneration female/male (ILO convention No. 100), Freedom of Association, Right to Organise and Collective Bargaining (ILO convention No. 87,98), Forced Labour (ILO Convention No. 29, 105), Minimum Age/ Child Labour (ILO Convention No. 138, 182)."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "This Policy provides the human rights requirements that must be met [...] The Group recognises that human rights concerns can arise not only in its own operations, but also via interactions with external parties – in particular, business relationships, customer interactions, financing and investments, supply chain management and the communities served." They then "commit to uphold the ILO, UNGP and UN Declaration of human rights, stating the ILO principles "The ILO eight core conventions address the need to respect, promote and realise fundamental rights related to Non-Discrimination / Diversity (ILO convention No. 111), Equal Remuneration female/male (ILO convention No. 100), Freedom of Association, Right to Organise and Collective Bargaining (ILO convention No. 87,98), Forced Labour (ILO Convention No. 29, 105), Minimum Age/ Child Labour (ILO Convention No. 138, 182)."
          • 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
            "This Policy provides the human rights requirements that must be met [...] The Group recognises that human rights concerns can arise not only in its own operations, but also via interactions with external parties – in particular, business relationships, customer interactions, financing and investments, supply chain management and the communities served." They then "commit to uphold the ILO, UNGP and UN Declaration of human rights, stating the ILO principles "The ILO eight core conventions address the need to respect, promote and realise fundamental rights related to Non-Discrimination / Diversity (ILO convention No. 111), Equal Remuneration female/male (ILO convention No. 100), Freedom of Association, Right to Organise and Collective Bargaining (ILO convention No. 87,98), Forced Labour (ILO Convention No. 29, 105), Minimum Age/ Child Labour (ILO Convention No. 138, 182)."
        • 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
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        0/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          No
          0/2
        • Monitoring and non-compliance process
          No
          0/5
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
  • Commitment strength
    0/31
    Avg. score
  • Reporting and Implementation
    0/31
    Avg. score
  • Social considerations
    7/28
    Avg. score

Profile

National Australia Bank is one of the largest financial institutions in Australia. It is among the top lenders to Forest 500 companies.

HQ
HQ 
Australia
Financial institution type
Financial institution type 
Bank

How we assess the Forest 500

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

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

Disclaimer

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

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

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