-
Overall approach8/10
-
Overarching commitment on deforestation6/6
-
Deforestation as a business risk0/2
-
Target to reduce emissions in scope 1/2
-
Company must have anti-corruption policy2/2
-
-
Commodity score31/90
-
Beef & Leather14/90
-
Commitment Strength5/31
-
Commodity-specific deforestation financing policy0/9.6
-
Commitment detailsNo commitment0/8
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must be legally operated3.1/4.6
-
Commitment detailsCompanies own operations - Required1.5/3
-
Policy applies to all operations and financingAll financing0.4/0.4
-
Policy applies to all dealsAll financing0.4/0.4
-
Policy applies to all companiesAll financing0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must monitor operations0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must conduct risk assessments2/5.6
-
Commitment detailsEncouraged2/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must specify a cut-off date0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
-
Social Considerations9/28
-
Company must ensure Free, Prior and Informed Consent2/5.6
-
Commitment detailsEncouraged2/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must have a grievance mechanism3.6/5.6
-
Commitment detailsEncouraged2/4
-
Policy applies to all operations and financingAll financing0.4/0.4
-
Policy applies to all dealsAll financing0.4/0.4
-
Policy applies to all companiesAll financing0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Company must respect labour rights3.6/5.6
-
Commitment detailsCompanies own operations - Required2/4
-
Policy applies to all operations and financingAll financing0.4/0.4
-
Policy applies to all dealsAll financing0.4/0.4
-
Policy applies to all companiesAll financing0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Company must address gender equality issues0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must encourage the inclusion of small-scale farmers0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must resolve land conflicts0/1.6
-
Commitment detailsNo
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
-
Reporting and Implementation0/31
-
Commitments must be timeboundNo0/5
-
Companies must disclose subsidiaries in commodity supply chainsNo0/4
-
Companies must disclose locationsNo0/4
-
Policy is reviewed and updatedNo0/2
-
Monitoring and non-compliance processNo0/5
-
Engagement with non-compliant companiesNo0/5
-
Reporting on implementation of the policyNo0/6
-
Ethical product in portfolioNo
-
-
-
Palm oil40/90
-
Commitment Strength14/31
-
Commodity-specific deforestation financing policy5.4/9.6
-
Commitment detailsCertification4/8
-
Policy applies to all operations and financingAll financing0.4/0.4
-
Policy applies to all dealsAll financing0.4/0.4
-
Policy applies to all companiesAll financing0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors0.2/0.4
-
-
Companies must be legally operated3.1/4.6
-
Commitment detailsCompanies own operations - Required1.5/3
-
Policy applies to all operations and financingAll financing0.4/0.4
-
Policy applies to all dealsAll financing0.4/0.4
-
Policy applies to all companiesAll financing0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must monitor operations3.4/5.6
-
Commitment detailsEncouraged2/4
-
Policy applies to all operations and financingAll financing0.4/0.4
-
Policy applies to all dealsAll financing0.4/0.4
-
Policy applies to all companiesAll financing0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors0.2/0.4
-
-
Companies must conduct risk assessments2/5.6
-
Commitment detailsEncouraged2/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must specify a cut-off date0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
-
Social Considerations9/28
-
Company must ensure Free, Prior and Informed Consent2/5.6
-
Commitment detailsEncouraged2/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must have a grievance mechanism3.6/5.6
-
Commitment detailsEncouraged2/4
-
Policy applies to all operations and financingAll financing0.4/0.4
-
Policy applies to all dealsAll financing0.4/0.4
-
Policy applies to all companiesAll financing0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Company must respect labour rights3.6/5.6
-
Commitment detailsCompanies own operations - Required2/4
-
Policy applies to all operations and financingAll financing0.4/0.4
-
Policy applies to all dealsAll financing0.4/0.4
-
Policy applies to all companiesAll financing0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Company must address gender equality issues0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must encourage the inclusion of small-scale farmers0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must resolve land conflicts0/1.6
-
Commitment detailsNo
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
-
Reporting and Implementation17/31
-
Commitments must be timeboundRequired5/5
-
Companies must disclose subsidiaries in commodity supply chainsNo0/4
-
Companies must disclose locationsNo0/4
-
Policy is reviewed and updatedNo0/2
-
Monitoring and non-compliance processScreening and monitoring process5/5
-
Engagement with non-compliant companiesEngage with non-compliant companies with a time-bound threat of divestment5/5
-
Reporting on implementation of the policyReports number/proportion of portfolio companies compliant with the deforestation policy or their own timebound plans2/6
-
Ethical product in portfolioNo
-
-
-
Soy38/90
-
Commitment Strength14/31
-
Commodity-specific deforestation financing policy5.6/9.6
-
Commitment detailsCertification4/8
-
Policy applies to all operations and financingAll financing0.4/0.4
-
Policy applies to all dealsAll financing0.4/0.4
-
Policy applies to all companiesAll financing0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must be legally operated3.1/4.6
-
Commitment detailsCompanies own operations - Required1.5/3
-
Policy applies to all operations and financingAll financing0.4/0.4
-
Policy applies to all dealsAll financing0.4/0.4
-
Policy applies to all companiesAll financing0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must monitor operations3.6/5.6
-
Commitment detailsEncouraged2/4
-
Policy applies to all operations and financingAll financing0.4/0.4
-
Policy applies to all dealsAll financing0.4/0.4
-
Policy applies to all companiesAll financing0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must conduct risk assessments2/5.6
-
Commitment detailsEncouraged2/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must specify a cut-off date0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
-
Social Considerations11/28
-
Company must ensure Free, Prior and Informed Consent2/5.6
-
Commitment detailsEncouraged2/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must have a grievance mechanism5.6/5.6
-
Commitment detailsRequired4/4
-
Policy applies to all operations and financingAll financing0.4/0.4
-
Policy applies to all dealsAll financing0.4/0.4
-
Policy applies to all companiesAll financing0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Company must respect labour rights3.6/5.6
-
Commitment detailsCompanies own operations - Required2/4
-
Policy applies to all operations and financingAll financing0.4/0.4
-
Policy applies to all dealsAll financing0.4/0.4
-
Policy applies to all companiesAll financing0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Company must address gender equality issues0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must encourage the inclusion of small-scale farmers0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must resolve land conflicts0/1.6
-
Commitment detailsNo
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
-
Reporting and Implementation12/31
-
Commitments must be timeboundNo0/5
-
Companies must disclose subsidiaries in commodity supply chainsNo0/4
-
Companies must disclose locationsNo0/4
-
Policy is reviewed and updatedNo0/2
-
Monitoring and non-compliance processScreening and monitoring process5/5
-
Engagement with non-compliant companiesEngage with non-compliant companies with a time-bound threat of divestment5/5
-
Reporting on implementation of the policyReports number/proportion of portfolio companies compliant with the deforestation policy or their own timebound plans2/6
-
Ethical product in portfolioNo
-
-
-
Timber, Pulp & Paper32/90
-
Commitment Strength11/31
-
Commodity-specific deforestation financing policy5.6/9.6
-
Commitment detailsCertification4/8
-
Policy applies to all operations and financingAll financing0.4/0.4
-
Policy applies to all dealsAll financing0.4/0.4
-
Policy applies to all companiesAll financing0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must be legally operated3.1/4.6
-
Commitment detailsCompanies own operations - Required1.5/3
-
Policy applies to all operations and financingAll financing0.4/0.4
-
Policy applies to all dealsAll financing0.4/0.4
-
Policy applies to all companiesAll financing0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must monitor operations0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must conduct risk assessments2/5.6
-
Commitment detailsEncouraged2/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must specify a cut-off date0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
-
Social Considerations9/28
-
Company must ensure Free, Prior and Informed Consent2/5.6
-
Commitment detailsEncouraged2/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must have a grievance mechanism3.6/5.6
-
Commitment detailsEncouraged2/4
-
Policy applies to all operations and financingAll financing0.4/0.4
-
Policy applies to all dealsAll financing0.4/0.4
-
Policy applies to all companiesAll financing0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Company must respect labour rights3.6/5.6
-
Commitment detailsCompanies own operations - Required2/4
-
Policy applies to all operations and financingAll financing0.4/0.4
-
Policy applies to all dealsAll financing0.4/0.4
-
Policy applies to all companiesAll financing0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Company must address gender equality issues0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must encourage the inclusion of small-scale farmers0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must resolve land conflicts0/1.6
-
Commitment detailsNo
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
-
Reporting and Implementation12/31
-
Commitments must be timeboundNo0/5
-
Companies must disclose subsidiaries in commodity supply chainsNo0/4
-
Companies must disclose locationsNo0/4
-
Policy is reviewed and updatedNo0/2
-
Monitoring and non-compliance processScreening and monitoring process5/5
-
Engagement with non-compliant companiesEngage with non-compliant companies with a time-bound threat of divestment5/5
-
Reporting on implementation of the policyReports number/proportion of portfolio companies compliant with the deforestation policy or their own timebound plans2/6
-
Ethical product in portfolioNo
-
-
-
-
Commitment strength11/31
-
Reporting and Implementation10/31
-
Social considerations10/28
Profile
Norges Bank Investment Management are a Norwegian state-owned investment fund. They invest in international equity, fixed-income markets and real estate to provide security for Norway's economy against fluctuating oil prices. Norges Bank Investment Management are among the top shareholders for Forest 500 companies, with shares across a broad range of forest risk sectors.
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.