-
Overall approach7/10
-
Overarching commitment on deforestation4/6
-
Deforestation as a business risk2/2
-
Target to reduce emissions in scope 1/2
-
Company must have anti-corruption policy1/2
-
-
Commodity score12/90
-
Beef & Leather6/90
-
Commitment Strength3/31
-
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 assessments0/5.6
-
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 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 Considerations3/27
-
Company must ensure Free, Prior and Informed Consent0/5.6
-
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 have a grievance mechanism0/5.6
-
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
-
-
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 portfolioYes
-
-
-
Palm oil29/90
-
Commitment Strength14/31
-
Commodity-specific deforestation financing policy7.4/9.6
-
Commitment detailsZero-gross deforestation6/8
-
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 operations3.6/5.6
-
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 assessments0/5.6
-
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 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 Considerations3/27
-
Company must ensure Free, Prior and Informed Consent0/5.6
-
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 have a grievance mechanism0/5.6
-
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
-
-
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 covered by the deforestation policy2/6
-
Ethical product in portfolioYes
-
-
-
Soy6/90
-
Commitment Strength3/31
-
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 assessments0/5.6
-
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 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 Considerations3/27
-
Company must ensure Free, Prior and Informed Consent0/5.6
-
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 have a grievance mechanism0/5.6
-
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
-
-
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 portfolioYes
-
-
-
Timber, Pulp & Paper6/90
-
Commitment Strength3/31
-
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 operated2.7/4.6
-
Commitment detailsCompanies own operations - Required1.5/3
-
Policy applies to all operations and financingNo0/0.4
-
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 assessments0/5.6
-
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 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 Considerations3/27
-
Company must ensure Free, Prior and Informed Consent0/5.6
-
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 have a grievance mechanism0/5.6
-
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
-
-
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 portfolioYes
-
-
-
-
Commitment strength6/31
-
Reporting and Implementation3/31
-
Social considerations3/28
Profile
Oversea-Chinese Banking Corporation (OCBC) are a financial services group headquartered in Singapore offering a wide number of banking and financial services. Their offerings include retail banking, wealth management, insurance, retirement planning, asset management and corporate loans and financing. As of 2017, OCBC's total assets amount to just under 430 billion SGD with gross loans of more than 220 billion SGD.
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.