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  • Overall approach
    7/10
    • Overarching commitment on deforestation
      4/6
      Overarching commitment
      Deforestation-free commitment
      4/6
      "With financial products and services, as well as our networks and knowledge, we aim to support our corporate clients in soft commodity value chains to achieve zero net deforestation."[...]"The Rabobank Exclusion List defines activities that are incompatible with our mission and principles. We will not provide our products and services to these activities. Regarding biodiversity, we will not do business related to: • conversion or deforestation of high conservation values areas (with e.g., valuable species, landscapes, ecosystems, environmental services, basic needs for local communities, cultural values for Indigenous peoples);"
    • Deforestation as a business risk
      1/1
      Business risk
      Yes
      1/1
      Type of financial risk recognised by the financial institution: Reputational
      "In this table, we report responses to specific cases which have come to our attention through NGO reports and dialogues, or through media exposure. When such reports involve our clients, our issue engagement process is triggered"[...] Palm Oil Allegation - Allegations of primary forest destruction Result - Client relationship terminated"
    • Target to reduce emissions in scope 1/2
    • Clients/holdings must have anti-corruption policy
      0.5/1
      Anti-corruption
      Yes, a policy on prohibiting abusive tax arrangements
      0.5/1
      "Tax evasion is not acceptable for Rabobank. Also, Rabobank expects its clients to be transparent towards the bank and the tax authorities. This means for example that Rabobank will not enter into a transaction if it does not have a clear picture of the tax related intentions of involved parties. However, it is not Rabobank’s role or responsibility to act as tax inspector towards its clients either. To the extent that it is necessary to obtain a clear picture of a client’s situation Rabobank may request the client to provide tax rulings, transfer pricing documentation and/or information about a dispute with the tax authorities. Rabobank does not expect clients to make such information publicly available if there is no legal obligation."
    • Collaborative finance sector initiatives
      1/2
      Collaborative initiatives
      Yes, involved in a collaborative finance sector initiative focused on deforestation
      1/2
      Does the financial institution engage ESG data providers on the need for better data on deforestation?: No

      In which location?: Global

      Which initiative?: Finance for Biodiversity Pledge; RSPO; Soft Commodities Compact; TNFD

      Is a 2025 target date encouraged within the collaborative initiative(s)?: No
      Finance for Biodiversity Pledge; RSPO; Soft Commodities Compact; TNFD
    • Nature/people-positive investment
  • Commodity score
    41/90
    • Beef & Leather
      29/90
      • Policy Strength
        3/28
        • Commodity-specific deforestation financing policy
          2.8/8.8
          • Commitment details
            Sustainability commitment
            2/8
            Commitment details
            Sustainability commitment
            2/8
            Does the policy have specific requirements/expectations of clients/holdings in line with the policy?: No
            "Regarding agriculture, for our own activities we will: actively participate in the leading (global) networks and roundtables, notably: • Global Roundtable for Sustainable Beef and its regional chapters, such as US Roundtable for Sustainable Beef
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "Regarding agriculture, for our own activities we will: actively participate in the leading (global) networks and roundtables, notably: • Global Roundtable for Sustainable Beef and its regional chapters, such as US Roundtable for Sustainable Beef
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "Regarding agriculture, for our own activities we will: actively participate in the leading (global) networks and roundtables, notably: • Global Roundtable for Sustainable Beef and its regional chapters, such as US Roundtable for Sustainable Beef
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "Regarding agriculture, for our own activities we will: actively participate in the leading (global) networks and roundtables, notably: • Global Roundtable for Sustainable Beef and its regional chapters, such as US Roundtable for Sustainable Beef
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "Regarding agriculture, for our own activities we will: actively participate in the leading (global) networks and roundtables, notably: • Global Roundtable for Sustainable Beef and its regional chapters, such as US Roundtable for Sustainable Beef
        • Clients/holdings must be legally operated
          0/2.8
          • Commitment details
            No commitment
            0/2
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must monitor operations
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must conduct risk assessments
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must specify a cut-off date
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Target date for policy implementation
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
      • Associated Human Rights Abuses
        13/27
        • Clients/holdings must test Free, Prior and Informed Consent
          3.8/3.8
          • Commitment details
            Required
            3/3
            Commitment details
            Required
            3/3
            Does the financial institution require the client/holding to cease acquisition/expansion unless FPIC is given?: No
            "Being a values driven organization, we do business with those who share our principles. Therefore regarding biodiversity, Rabobank does business with clients and other business partners that if developing plans that could adversely impact ecosystem services and other high conservation values with social dimensions (cultural and community values), obtain the Free, Prior and Informed Consent (FPIC) of impacted communities where our assessment has identified that local legislation does not sufficiently address our principles."
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "Being a values driven organization, we do business with those who share our principles. Therefore regarding biodiversity, Rabobank does business with clients and other business partners that if developing plans that could adversely impact ecosystem services and other high conservation values with social dimensions (cultural and community values), obtain the Free, Prior and Informed Consent (FPIC) of impacted communities where our assessment has identified that local legislation does not sufficiently address our principles."
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "Being a values driven organization, we do business with those who share our principles. Therefore regarding biodiversity, Rabobank does business with clients and other business partners that if developing plans that could adversely impact ecosystem services and other high conservation values with social dimensions (cultural and community values), obtain the Free, Prior and Informed Consent (FPIC) of impacted communities where our assessment has identified that local legislation does not sufficiently address our principles."
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "Being a values driven organization, we do business with those who share our principles. Therefore regarding biodiversity, Rabobank does business with clients and other business partners that if developing plans that could adversely impact ecosystem services and other high conservation values with social dimensions (cultural and community values), obtain the Free, Prior and Informed Consent (FPIC) of impacted communities where our assessment has identified that local legislation does not sufficiently address our principles."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "Being a values driven organization, we do business with those who share our principles. Therefore regarding biodiversity, Rabobank does business with clients and other business partners that if developing plans that could adversely impact ecosystem services and other high conservation values with social dimensions (cultural and community values), obtain the Free, Prior and Informed Consent (FPIC) of impacted communities where our assessment has identified that local legislation does not sufficiently address our principles."
        • Clients/holdings must have a grievance mechanism
          2.3/3.8
          • Commitment details
            Encouraged
            1.5/3
            Commitment details
            Encouraged
            1.5/3
            "Being a values driven organization, we do business with those who share our principles. Therefore regarding land governance, Rabobank does business with clients and other business partners that: have sustainable and/or responsible business principles that promote good land governance, and implement appropriate governance structures, policies and management systems; provide accessible and accountable grievance mechanisms"
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "Being a values driven organization, we do business with those who share our principles. Therefore regarding land governance, Rabobank does business with clients and other business partners that: have sustainable and/or responsible business principles that promote good land governance, and implement appropriate governance structures, policies and management systems; provide accessible and accountable grievance mechanisms"
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "Being a values driven organization, we do business with those who share our principles. Therefore regarding land governance, Rabobank does business with clients and other business partners that: have sustainable and/or responsible business principles that promote good land governance, and implement appropriate governance structures, policies and management systems; provide accessible and accountable grievance mechanisms"
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "Being a values driven organization, we do business with those who share our principles. Therefore regarding land governance, Rabobank does business with clients and other business partners that: have sustainable and/or responsible business principles that promote good land governance, and implement appropriate governance structures, policies and management systems; provide accessible and accountable grievance mechanisms"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "Being a values driven organization, we do business with those who share our principles. Therefore regarding land governance, Rabobank does business with clients and other business partners that: have sustainable and/or responsible business principles that promote good land governance, and implement appropriate governance structures, policies and management systems; provide accessible and accountable grievance mechanisms"
        • Clients/holdings must respect labour rights
          2.3/3.8
          • Commitment details
            Clients/holdings own operations - Required
            1.5/3
            Commitment details
            Clients/holdings own operations - Required
            1.5/3
            Does the financial institution ask the client/holding to protect the health and safety of its own operations or its supply chain workers?: No
            "As a values driven organization, we do business with those who share our principles. Therefore regarding human rights, Rabobank does business with clients and other business partners that: • respect and uphold all human rights as described in the Universal Declaration of Human Rights, and related international legislation and regulations, including the UN Guiding Principles on Business and Human Rights"[...]"Core labor rights include freedom of association and the right to collective bargaining, elimination of forced and compulsory labor (also referred to as modern slavery), the abolition of child labor, and the elimination of discrimination in the workplace"
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "As a values driven organization, we do business with those who share our principles. Therefore regarding human rights, Rabobank does business with clients and other business partners that: • respect and uphold all human rights as described in the Universal Declaration of Human Rights, and related international legislation and regulations, including the UN Guiding Principles on Business and Human Rights"[...]"Core labor rights include freedom of association and the right to collective bargaining, elimination of forced and compulsory labor (also referred to as modern slavery), the abolition of child labor, and the elimination of discrimination in the workplace"
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "As a values driven organization, we do business with those who share our principles. Therefore regarding human rights, Rabobank does business with clients and other business partners that: • respect and uphold all human rights as described in the Universal Declaration of Human Rights, and related international legislation and regulations, including the UN Guiding Principles on Business and Human Rights"[...]"Core labor rights include freedom of association and the right to collective bargaining, elimination of forced and compulsory labor (also referred to as modern slavery), the abolition of child labor, and the elimination of discrimination in the workplace"
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "As a values driven organization, we do business with those who share our principles. Therefore regarding human rights, Rabobank does business with clients and other business partners that: • respect and uphold all human rights as described in the Universal Declaration of Human Rights, and related international legislation and regulations, including the UN Guiding Principles on Business and Human Rights"[...]"Core labor rights include freedom of association and the right to collective bargaining, elimination of forced and compulsory labor (also referred to as modern slavery), the abolition of child labor, and the elimination of discrimination in the workplace"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "As a values driven organization, we do business with those who share our principles. Therefore regarding human rights, Rabobank does business with clients and other business partners that: • respect and uphold all human rights as described in the Universal Declaration of Human Rights, and related international legislation and regulations, including the UN Guiding Principles on Business and Human Rights"[...]"Core labor rights include freedom of association and the right to collective bargaining, elimination of forced and compulsory labor (also referred to as modern slavery), the abolition of child labor, and the elimination of discrimination in the workplace"
        • Clients/holdings must address gender equality issues
          1.3/3.8
          • Commitment details
            Clients/holdings must address gender related worker and labour rights only for own operations - Encouraged
            0.5/3
            Commitment details
            Clients/holdings must address gender related worker and labour rights only for own operations - Encouraged
            0.5/3
            "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: • deal responsibly with land governance, including respecting land tenure and land rights and the right to free, prior and informed consent of all stakeholders regarding changes in land ownership or land use, applying a context or conflict analysis as well as addressing gender issues;"
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: • deal responsibly with land governance, including respecting land tenure and land rights and the right to free, prior and informed consent of all stakeholders regarding changes in land ownership or land use, applying a context or conflict analysis as well as addressing gender issues;"
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: • deal responsibly with land governance, including respecting land tenure and land rights and the right to free, prior and informed consent of all stakeholders regarding changes in land ownership or land use, applying a context or conflict analysis as well as addressing gender issues;"
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: • deal responsibly with land governance, including respecting land tenure and land rights and the right to free, prior and informed consent of all stakeholders regarding changes in land ownership or land use, applying a context or conflict analysis as well as addressing gender issues;"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: • deal responsibly with land governance, including respecting land tenure and land rights and the right to free, prior and informed consent of all stakeholders regarding changes in land ownership or land use, applying a context or conflict analysis as well as addressing gender issues;"
        • Clients/holdings must encourage the inclusion of small-scale farmers
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must respect customary rights to land, resources, and territory
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Zero tolerance approach to violence and threats
          2.3/3.8
          • Commitment details
            Encouraged
            1.5/3
            Commitment details
            Encouraged
            1.5/3
            "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: provide appropriate protection to environmental and human rights defenders seeking retaliation prevents;"
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: provide appropriate protection to environmental and human rights defenders seeking retaliation prevents;"
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: provide appropriate protection to environmental and human rights defenders seeking retaliation prevents;"
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: provide appropriate protection to environmental and human rights defenders seeking retaliation prevents;"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: provide appropriate protection to environmental and human rights defenders seeking retaliation prevents;"
      • Implementation and Reporting
        14/35
        • Assess client/holding exposure prior to onboarding
          No
          0/5
        • Require disclosure of projects/locations
          No reporting
          0/4
        • Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          "The Sustainability & Climate department adopts the Global Standard for sustainable development and reviews it at least every two years."
        • Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          Does the financial institution prioritise clients/holdings for engagement based on their compliance monitoring? If yes, do they use thresholds/cut offs to identify these clients/holdings?: NA

          Does the financial institution assess the severity of any non-compliance on the ground in forest-risk commodity supply chains in line with the guidance of the Accountability Framework?: No
          "Risk-based approach Rabobank implements this policy in a risk based manner. The impact of sustainability risks may vary depending on the specific activity, the sector, the size of the client company, the geography, the product Rabobank offers and Rabobank’s exposure and relation to the client or business partner. Rabobank can apply different risk based mitigation and implementation measures, with thresholds and frequencies that are proportionate to those risks. Assessment process The Sustainability Assessment is embedded in the Credit Risk Assessment process for corporate clients with a credit exposure above a EUR 1 million threshold. This sustainability assessment provides a basic insight into relative sustainability performance and enables Rabobank to identify frontrunners in a sector. This is a robust check on whether clients are compliant with Rabobank policies and also provides valuable input for strategic discussions with clients."
        • Engagement with non-compliant clients/holdings
          Engage with non-compliant companies, without a time-bound threat of redirection of finance
          2.5/5
          Engagement with non-compliant clients/holdings
          Engage with non-compliant companies, without a time-bound threat of redirection of finance
          2.5/5
          Does the financial instution engage with the company to develop a time-bound plan for compliance with the policy?: No

          Does the financial institution engage with the client/holding to support the remediation of any social or environmental non-compliance on the ground?: No

          Does the financial institutions have clear thresholds of non-compliance or thresholds of exposure to deforestation risk that trigger engagement processes for clients/holdings?: No

          Does the financial institution commit to actively monitor clients/holdings' progress towards their time-bound plans and remediation activities?: No
          "Rabobank uses dialogue processes for the following signals that indicate material adverse sustainability consequences. When such signals relate to our customers, enter our issue engagement process in operation. In its annual report, Rabobank anonymized report on this dialogues to find a balance between external accountability and the relationship of trust with the customer. If we believe that customers accept the terms not comply with our sustainability policy or not making sufficient progress in integrating of sustainability measures in daily business, then we will talk to them. We then ask them for a time-bound plan present that describes how and when they want to improve their practices. These plans contain specific goals and credible timetables."
        • Engagement with non-compliant companies
          0/0
          Engagement with non-compliant companies
          0/0
          Does the financial institution engage with NGOs/CSOs/IPLCs/rightsholders on the ground as part of their engagement?: No
        • Reporting on implementation of the policy
          Reports number/proportion/outcome of portfolio companies which have been engaged with on deforestation-risk or compliance with the policy/time-bound plans
          2/6
          Reporting on implementation of the policy
          Reports number/proportion/outcome of portfolio companies which have been engaged with on deforestation-risk or compliance with the policy/time-bound plans
          2/6
          Type of reporting: Quarterly reporting
          "Internal quarterly reporting on the number of customers who do not meet the Global Standard for sustainable development and that does not have a sufficiently ambitious management action plan to get in here(maximum) three years." They list the no. of companies they engage with on sustainability and human rights issues in their ESG Facts and Figures 2021 report
        • Green financing product with deforestation/conversion requirements
          No
          0/2
        • Publicly accessible grievance mechanism
          No
          0/2
        • Remediation of environmental or social harms
          Yes encourage, and the financial institution supports the development of an implementation plan to remediate
          3/4
          Remediation of environmental or social harms
          Yes encourage, and the financial institution supports the development of an implementation plan to remediate
          3/4
          "Specifically regarding human rights, we encourage our clients and business partners to: to be transparent about any violations of human rights they have caused or to which they contributed and submit them via to restore or participate in legitimate procedures work on its recovery; Even with the best preventive policies and best practices, it can are that Rabobank inadvertently causes or contributes to adverse effects. If this is the case, we will do everything we canto remedy the situation, independently or in collaboration with the right external partner. Rabobank therefore has complaints procedures, and we expect that the collaborative and multi-stakeholder initiatives to which Rabobank participates in complaints procedures and/or other means for a provide adequate accountability."
    • Palm oil
      47/90
      • Policy Strength
        13/28
        • Commodity-specific deforestation financing policy
          4.8/8.8
          • Commitment details
            Protects priority forests
            4/8
            Commitment details
            Protects priority forests
            4/8
            Does the policy have specific requirements/expectations of clients/holdings in line with the policy?: No
            "Being a values driven organization, we do business with those that share our principles. Therefore regarding palm oil, Rabobank does business with clients and business partners that: have a timebound plan for achieving RSPO certification or verification of their production or their sourcing against the RSPO Principles & Criteria, which ensures production or sourcing does not cause or contribute to deforestation, new plantings on peatland and exploitation (NDPE) and the prevents land tenure conflicts with local communities or Indigenous peoples."[...]"The Rabobank Exclusion List defines activities that are incompatible with our mission and principles. We will not provide our products and services to these activities. Regarding palm oil, we will not do business related to: • conversion or deforestation of high conservation value areas, even if legally permissible (see our Biodiversity Policy)"
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "Being a values driven organization, we do business with those that share our principles. Therefore regarding palm oil, Rabobank does business with clients and business partners that: • show commitment to the principles of our Biodiversity Policy and Land Governance Policy, if we consider these to be material to their activities ( Rabobank does business with clients and other business partners that: only convert degraded land to prevent causing or contributing to the conversion, degradation or over-exploitation of areas containing high conservation values (HCV) or high carbon stocks (HCS), even if legally allowed, and for other areas achieve zero net deforestation) • have a timebound plan for achieving RSPO certification or verification of their production or their sourcing against the RSPO Principles & Criteria, which ensures production or sourcing does not cause or contribute to deforestation, new plantings on peatland and exploitation (NDPE) and the prevents land tenure conflicts with local communities or Indigenous peoples."[...]"The Rabobank Exclusion List defines activities that are incompatible with our mission and principles. We will not provide our products and services to these activities. Regarding palm oil, we will not do business related to: • conversion or deforestation of high conservation value areas, even if legally permissible (see our Biodiversity Policy)"
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "Being a values driven organization, we do business with those that share our principles. Therefore regarding palm oil, Rabobank does business with clients and business partners that: • show commitment to the principles of our Biodiversity Policy and Land Governance Policy, if we consider these to be material to their activities ( Rabobank does business with clients and other business partners that: only convert degraded land to prevent causing or contributing to the conversion, degradation or over-exploitation of areas containing high conservation values (HCV) or high carbon stocks (HCS), even if legally allowed, and for other areas achieve zero net deforestation) • have a timebound plan for achieving RSPO certification or verification of their production or their sourcing against the RSPO Principles & Criteria, which ensures production or sourcing does not cause or contribute to deforestation, new plantings on peatland and exploitation (NDPE) and the prevents land tenure conflicts with local communities or Indigenous peoples."[...]"The Rabobank Exclusion List defines activities that are incompatible with our mission and principles. We will not provide our products and services to these activities. Regarding palm oil, we will not do business related to: • conversion or deforestation of high conservation value areas, even if legally permissible (see our Biodiversity Policy)"
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "Being a values driven organization, we do business with those that share our principles. Therefore regarding palm oil, Rabobank does business with clients and business partners that: • show commitment to the principles of our Biodiversity Policy and Land Governance Policy, if we consider these to be material to their activities ( Rabobank does business with clients and other business partners that: only convert degraded land to prevent causing or contributing to the conversion, degradation or over-exploitation of areas containing high conservation values (HCV) or high carbon stocks (HCS), even if legally allowed, and for other areas achieve zero net deforestation) • have a timebound plan for achieving RSPO certification or verification of their production or their sourcing against the RSPO Principles & Criteria, which ensures production or sourcing does not cause or contribute to deforestation, new plantings on peatland and exploitation (NDPE) and the prevents land tenure conflicts with local communities or Indigenous peoples."[...]"The Rabobank Exclusion List defines activities that are incompatible with our mission and principles. We will not provide our products and services to these activities. Regarding palm oil, we will not do business related to: • conversion or deforestation of high conservation value areas, even if legally permissible (see our Biodiversity Policy)"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "Being a values driven organization, we do business with those that share our principles. Therefore regarding palm oil, Rabobank does business with clients and business partners that: • show commitment to the principles of our Biodiversity Policy and Land Governance Policy, if we consider these to be material to their activities ( Rabobank does business with clients and other business partners that: only convert degraded land to prevent causing or contributing to the conversion, degradation or over-exploitation of areas containing high conservation values (HCV) or high carbon stocks (HCS), even if legally allowed, and for other areas achieve zero net deforestation) • have a timebound plan for achieving RSPO certification or verification of their production or their sourcing against the RSPO Principles & Criteria, which ensures production or sourcing does not cause or contribute to deforestation, new plantings on peatland and exploitation (NDPE) and the prevents land tenure conflicts with local communities or Indigenous peoples."[...]"The Rabobank Exclusion List defines activities that are incompatible with our mission and principles. We will not provide our products and services to these activities. Regarding palm oil, we will not do business related to: • conversion or deforestation of high conservation value areas, even if legally permissible (see our Biodiversity Policy)"
        • Clients/holdings must be legally operated
          0/2.8
          • Commitment details
            No commitment
            0/2
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must monitor operations
          3.7/3.8
          • Commitment details
            Yes, a traceability system - Require; Yes, a mechanism to monitor compliance - Require
            3/3
            Commitment details
            Yes, a traceability system - Require; Yes, a mechanism to monitor compliance - Require
            3/3
            What type of assurance mechanism is used?: Assurance mechanism; Traceability system
            "Therefore regarding palm oil, Rabobank does business with clients and business partners that: • show commitment to the principles of our Biodiversity Policy and Land Governance Policy, if we consider these to be material to their activities; • are a member of the RSPO, and have a timebound plan for achieving RSPO certification or verification of their production or their sourcing against the RSPO Principles & Criteria"[...]"Specifically regarding midstream and downstream clients, Rabobank does business with clients and other business partners that: have a sourcing policy or purchasing guidelines that guarantees the biomass adheres to the above stated principles, ensures traceability and the principles described in our Palm Oil Policy, Sugarcane Policy, Soy Policy, Forestry Policy and Biodiversity Policy, if applicable: Downstream clients need to have a sourcing mechanism and traceability to assess and select suppliers when purchasing from regions that are at risk of deforestation or other adverse biodiversity impacts. [...] "Because of the potential adverse impacts associated with palm oil, including deforestation and exploitation, Rabobank requires clients to: • achieve the Roundtable on Sustainable Palm Oil (RSPO) certification against the RSPO principles and criteria based on a timebound plan (if in production);"
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "Therefore regarding palm oil, Rabobank does business with clients and business partners that: • show commitment to the principles of our Biodiversity Policy and Land Governance Policy, if we consider these to be material to their activities; • are a member of the RSPO, and have a timebound plan for achieving RSPO certification or verification of their production or their sourcing against the RSPO Principles & Criteria"[...]"Specifically regarding midstream and downstream clients, Rabobank does business with clients and other business partners that: have a sourcing policy or purchasing guidelines that guarantees the biomass adheres to the above stated principles, ensures traceability and the principles described in our Palm Oil Policy, Sugarcane Policy, Soy Policy, Forestry Policy and Biodiversity Policy, if applicable: Downstream clients need to have a sourcing mechanism and traceability to assess and select suppliers when purchasing from regions that are at risk of deforestation or other adverse biodiversity impacts."
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "Therefore regarding palm oil, Rabobank does business with clients and business partners that: • show commitment to the principles of our Biodiversity Policy and Land Governance Policy, if we consider these to be material to their activities; • are a member of the RSPO, and have a timebound plan for achieving RSPO certification or verification of their production or their sourcing against the RSPO Principles & Criteria"[...]"Specifically regarding midstream and downstream clients, Rabobank does business with clients and other business partners that: have a sourcing policy or purchasing guidelines that guarantees the biomass adheres to the above stated principles, ensures traceability and the principles described in our Palm Oil Policy, Sugarcane Policy, Soy Policy, Forestry Policy and Biodiversity Policy, if applicable: Downstream clients need to have a sourcing mechanism and traceability to assess and select suppliers when purchasing from regions that are at risk of deforestation or other adverse biodiversity impacts."
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "Therefore regarding palm oil, Rabobank does business with clients and business partners that: • show commitment to the principles of our Biodiversity Policy and Land Governance Policy, if we consider these to be material to their activities; • are a member of the RSPO, and have a timebound plan for achieving RSPO certification or verification of their production or their sourcing against the RSPO Principles & Criteria"[...]"Specifically regarding midstream and downstream clients, Rabobank does business with clients and other business partners that: have a sourcing policy or purchasing guidelines that guarantees the biomass adheres to the above stated principles, ensures traceability and the principles described in our Palm Oil Policy, Sugarcane Policy, Soy Policy, Forestry Policy and Biodiversity Policy, if applicable: Downstream clients need to have a sourcing mechanism and traceability to assess and select suppliers when purchasing from regions that are at risk of deforestation or other adverse biodiversity impacts."
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.1/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.1/0.2
            "Therefore regarding palm oil, Rabobank does business with clients and business partners that: • show commitment to the principles of our Biodiversity Policy and Land Governance Policy, if we consider these to be material to their activities; • are a member of the RSPO, and have a timebound plan for achieving RSPO certification or verification of their production or their sourcing against the RSPO Principles & Criteria"[...]"Specifically regarding midstream and downstream clients, Rabobank does business with clients and other business partners that: have a sourcing policy or purchasing guidelines that guarantees the biomass adheres to the above stated principles, ensures traceability and the principles described in our Palm Oil Policy, Sugarcane Policy, Soy Policy, Forestry Policy and Biodiversity Policy, if applicable: Downstream clients need to have a sourcing mechanism and traceability to assess and select suppliers when purchasing from regions that are at risk of deforestation or other adverse biodiversity impacts."
        • Clients/holdings must conduct risk assessments
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must specify a cut-off date
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Target date for policy implementation
          3.8/3.8
          • Commitment details
            Required
            3/3
            Commitment details
            Required
            3/3
            What is the deadline for the portfolio companies to become compliant with the policy?: Requirement for investment

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

            What is the length of time the portfolio companies are given to meet their time-bound plans?: NA
            "Being a values driven organization, we do business with those that share our principles. Therefore regarding palm oil, Rabobank does business with clients and business partners that: • show commitment to the principles of our Biodiversity Policy and Land Governance Policy, if we consider these to be material to their activities; • are a member of the RSPO, and have a timebound plan for achieving RSPO certification or verification of their production or their sourcing against the RSPO Principles & Criteria"
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "Being a values driven organization, we do business with those that share our principles. Therefore regarding palm oil, Rabobank does business with clients and business partners that: • show commitment to the principles of our Biodiversity Policy and Land Governance Policy, if we consider these to be material to their activities; • are a member of the RSPO, and have a timebound plan for achieving RSPO certification or verification of their production or their sourcing against the RSPO Principles & Criteria"
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "Being a values driven organization, we do business with those that share our principles. Therefore regarding palm oil, Rabobank does business with clients and business partners that: • show commitment to the principles of our Biodiversity Policy and Land Governance Policy, if we consider these to be material to their activities; • are a member of the RSPO, and have a timebound plan for achieving RSPO certification or verification of their production or their sourcing against the RSPO Principles & Criteria"
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "Being a values driven organization, we do business with those that share our principles. Therefore regarding palm oil, Rabobank does business with clients and business partners that: • show commitment to the principles of our Biodiversity Policy and Land Governance Policy, if we consider these to be material to their activities; • are a member of the RSPO, and have a timebound plan for achieving RSPO certification or verification of their production or their sourcing against the RSPO Principles & Criteria"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "Being a values driven organization, we do business with those that share our principles. Therefore regarding palm oil, Rabobank does business with clients and business partners that: • show commitment to the principles of our Biodiversity Policy and Land Governance Policy, if we consider these to be material to their activities; • are a member of the RSPO, and have a timebound plan for achieving RSPO certification or verification of their production or their sourcing against the RSPO Principles & Criteria"
      • Associated Human Rights Abuses
        19/27
        • Clients/holdings must test Free, Prior and Informed Consent
          3.8/3.8
          • Commitment details
            Required
            3/3
            Commitment details
            Required
            3/3
            Does the financial institution require the client/holding to cease acquisition/expansion unless FPIC is given?: No
            "Being a values driven organization, we do business with those who share our principles. Therefore regarding biodiversity, Rabobank does business with clients and other business partners that if developing plans that could adversely impact ecosystem services and other high conservation values with social dimensions (cultural and community values), obtain the Free, Prior and Informed Consent (FPIC) of impacted communities where our assessment has identified that local legislation does not sufficiently address our principles."
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "Being a values driven organization, we do business with those who share our principles. Therefore regarding biodiversity, Rabobank does business with clients and other business partners that if developing plans that could adversely impact ecosystem services and other high conservation values with social dimensions (cultural and community values), obtain the Free, Prior and Informed Consent (FPIC) of impacted communities where our assessment has identified that local legislation does not sufficiently address our principles."
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "Being a values driven organization, we do business with those who share our principles. Therefore regarding biodiversity, Rabobank does business with clients and other business partners that if developing plans that could adversely impact ecosystem services and other high conservation values with social dimensions (cultural and community values), obtain the Free, Prior and Informed Consent (FPIC) of impacted communities where our assessment has identified that local legislation does not sufficiently address our principles."
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "Being a values driven organization, we do business with those who share our principles. Therefore regarding biodiversity, Rabobank does business with clients and other business partners that if developing plans that could adversely impact ecosystem services and other high conservation values with social dimensions (cultural and community values), obtain the Free, Prior and Informed Consent (FPIC) of impacted communities where our assessment has identified that local legislation does not sufficiently address our principles."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "Being a values driven organization, we do business with those who share our principles. Therefore regarding biodiversity, Rabobank does business with clients and other business partners that if developing plans that could adversely impact ecosystem services and other high conservation values with social dimensions (cultural and community values), obtain the Free, Prior and Informed Consent (FPIC) of impacted communities where our assessment has identified that local legislation does not sufficiently address our principles."
        • Clients/holdings must have a grievance mechanism
          2.3/3.8
          • Commitment details
            Encouraged
            1.5/3
            Commitment details
            Encouraged
            1.5/3
            "Being a values driven organization, we do business with those who share our principles. Therefore regarding land governance, Rabobank does business with clients and other business partners that: have sustainable and/or responsible business principles that promote good land governance, and implement appropriate governance structures, policies and management systems; provide accessible and accountable grievance mechanisms"
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "Being a values driven organization, we do business with those who share our principles. Therefore regarding land governance, Rabobank does business with clients and other business partners that: have sustainable and/or responsible business principles that promote good land governance, and implement appropriate governance structures, policies and management systems; provide accessible and accountable grievance mechanisms"
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "Being a values driven organization, we do business with those who share our principles. Therefore regarding land governance, Rabobank does business with clients and other business partners that: have sustainable and/or responsible business principles that promote good land governance, and implement appropriate governance structures, policies and management systems; provide accessible and accountable grievance mechanisms"
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "Being a values driven organization, we do business with those who share our principles. Therefore regarding land governance, Rabobank does business with clients and other business partners that: have sustainable and/or responsible business principles that promote good land governance, and implement appropriate governance structures, policies and management systems; provide accessible and accountable grievance mechanisms"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "Being a values driven organization, we do business with those who share our principles. Therefore regarding land governance, Rabobank does business with clients and other business partners that: have sustainable and/or responsible business principles that promote good land governance, and implement appropriate governance structures, policies and management systems; provide accessible and accountable grievance mechanisms"
        • Clients/holdings must respect labour rights
          2.3/3.8
          • Commitment details
            Clients/holdings own operations - Required
            1.5/3
            Commitment details
            Clients/holdings own operations - Required
            1.5/3
            Does the financial institution ask the client/holding to protect the health and safety of its own operations or its supply chain workers?: No
            "As a values driven organization, we do business with those who share our principles. Therefore regarding human rights, Rabobank does business with clients and other business partners that: • respect and uphold all human rights as described in the Universal Declaration of Human Rights, and related international legislation and regulations, including the UN Guiding Principles on Business and Human Rights"[...]"Core labor rights include freedom of association and the right to collective bargaining, elimination of forced and compulsory labor (also referred to as modern slavery), the abolition of child labor, and the elimination of discrimination in the workplace"
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "As a values driven organization, we do business with those who share our principles. Therefore regarding human rights, Rabobank does business with clients and other business partners that: • respect and uphold all human rights as described in the Universal Declaration of Human Rights, and related international legislation and regulations, including the UN Guiding Principles on Business and Human Rights"[...]"Core labor rights include freedom of association and the right to collective bargaining, elimination of forced and compulsory labor (also referred to as modern slavery), the abolition of child labor, and the elimination of discrimination in the workplace"
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "As a values driven organization, we do business with those who share our principles. Therefore regarding human rights, Rabobank does business with clients and other business partners that: • respect and uphold all human rights as described in the Universal Declaration of Human Rights, and related international legislation and regulations, including the UN Guiding Principles on Business and Human Rights"[...]"Core labor rights include freedom of association and the right to collective bargaining, elimination of forced and compulsory labor (also referred to as modern slavery), the abolition of child labor, and the elimination of discrimination in the workplace"
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "As a values driven organization, we do business with those who share our principles. Therefore regarding human rights, Rabobank does business with clients and other business partners that: • respect and uphold all human rights as described in the Universal Declaration of Human Rights, and related international legislation and regulations, including the UN Guiding Principles on Business and Human Rights"[...]"Core labor rights include freedom of association and the right to collective bargaining, elimination of forced and compulsory labor (also referred to as modern slavery), the abolition of child labor, and the elimination of discrimination in the workplace"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "As a values driven organization, we do business with those who share our principles. Therefore regarding human rights, Rabobank does business with clients and other business partners that: • respect and uphold all human rights as described in the Universal Declaration of Human Rights, and related international legislation and regulations, including the UN Guiding Principles on Business and Human Rights"[...]"Core labor rights include freedom of association and the right to collective bargaining, elimination of forced and compulsory labor (also referred to as modern slavery), the abolition of child labor, and the elimination of discrimination in the workplace"
        • Clients/holdings must address gender equality issues
          1.3/3.8
          • Commitment details
            Clients/holdings must address gender related worker and labour rights only for own operations - Encouraged
            0.5/3
            Commitment details
            Clients/holdings must address gender related worker and labour rights only for own operations - Encouraged
            0.5/3
            "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: • deal responsibly with land governance, including respecting land tenure and land rights and the right to free, prior and informed consent of all stakeholders regarding changes in land ownership or land use, applying a context or conflict analysis as well as addressing gender issues;"
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: • deal responsibly with land governance, including respecting land tenure and land rights and the right to free, prior and informed consent of all stakeholders regarding changes in land ownership or land use, applying a context or conflict analysis as well as addressing gender issues;"
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: • deal responsibly with land governance, including respecting land tenure and land rights and the right to free, prior and informed consent of all stakeholders regarding changes in land ownership or land use, applying a context or conflict analysis as well as addressing gender issues;"
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: • deal responsibly with land governance, including respecting land tenure and land rights and the right to free, prior and informed consent of all stakeholders regarding changes in land ownership or land use, applying a context or conflict analysis as well as addressing gender issues;"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: • deal responsibly with land governance, including respecting land tenure and land rights and the right to free, prior and informed consent of all stakeholders regarding changes in land ownership or land use, applying a context or conflict analysis as well as addressing gender issues;"
        • Clients/holdings must encourage the inclusion of small-scale farmers
          2.3/3.8
          • Commitment details
            Encouraged
            1.5/3
            Commitment details
            Encouraged
            1.5/3
            "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding palm oil, we encourage our clients and business partners to: • further develop and use industry best practices, e.g., through participating in additional sector initiatives, investing in sustainability programs for (smallholder) farmers and their communities, and in reforestation programs and climate smart agriculture."
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding palm oil, we encourage our clients and business partners to: • further develop and use industry best practices, e.g., through participating in additional sector initiatives, investing in sustainability programs for (smallholder) farmers and their communities, and in reforestation programs and climate smart agriculture."
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding palm oil, we encourage our clients and business partners to: • further develop and use industry best practices, e.g., through participating in additional sector initiatives, investing in sustainability programs for (smallholder) farmers and their communities, and in reforestation programs and climate smart agriculture."
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding palm oil, we encourage our clients and business partners to: • further develop and use industry best practices, e.g., through participating in additional sector initiatives, investing in sustainability programs for (smallholder) farmers and their communities, and in reforestation programs and climate smart agriculture."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding palm oil, we encourage our clients and business partners to: • further develop and use industry best practices, e.g., through participating in additional sector initiatives, investing in sustainability programs for (smallholder) farmers and their communities, and in reforestation programs and climate smart agriculture."
        • Clients/holdings must respect customary rights to land, resources, and territory
          3.8/3.8
          • Commitment details
            Required
            3/3
            Commitment details
            Required
            3/3
            "Regarding palm oil, we will not do business related to: ... • new land development causing land tenure conflicts with local communities or Indigenous peoples."[...]"This policy is applicable to all clients and business partners that are active in the palm oil value chain, unless explicitly specified. To differentiate requirements, this policy distinguishes the following links in the value chain: upstream (production, growers of oil palms and millers); and midstream and downstream (traders, transporters, processors, manufacturers, wholesalers and retailers).""
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "Regarding palm oil, we will not do business related to: ... • new land development causing land tenure conflicts with local communities or Indigenous peoples."[...]"This policy is applicable to all clients and business partners that are active in the palm oil value chain, unless explicitly specified. To differentiate requirements, this policy distinguishes the following links in the value chain: upstream (production, growers of oil palms and millers); and midstream and downstream (traders, transporters, processors, manufacturers, wholesalers and retailers).""
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "Regarding palm oil, we will not do business related to: ... • new land development causing land tenure conflicts with local communities or Indigenous peoples."[...]"This policy is applicable to all clients and business partners that are active in the palm oil value chain, unless explicitly specified. To differentiate requirements, this policy distinguishes the following links in the value chain: upstream (production, growers of oil palms and millers); and midstream and downstream (traders, transporters, processors, manufacturers, wholesalers and retailers).""
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "Regarding palm oil, we will not do business related to: ... • new land development causing land tenure conflicts with local communities or Indigenous peoples."[...]"This policy is applicable to all clients and business partners that are active in the palm oil value chain, unless explicitly specified. To differentiate requirements, this policy distinguishes the following links in the value chain: upstream (production, growers of oil palms and millers); and midstream and downstream (traders, transporters, processors, manufacturers, wholesalers and retailers).""
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "Regarding palm oil, we will not do business related to: ... • new land development causing land tenure conflicts with local communities or Indigenous peoples."[...]"This policy is applicable to all clients and business partners that are active in the palm oil value chain, unless explicitly specified. To differentiate requirements, this policy distinguishes the following links in the value chain: upstream (production, growers of oil palms and millers); and midstream and downstream (traders, transporters, processors, manufacturers, wholesalers and retailers).""
        • Zero tolerance approach to violence and threats
          2.1/3.8
          • Commitment details
            Encouraged
            1.5/3
            Commitment details
            Encouraged
            1.5/3
            "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: provide appropriate protection to environmental and human rights defenders seeking retaliation prevents;"
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to:provide appropriate protection to environmental andhuman rights defenders seeking retaliationprevents;"
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to:provide appropriate protection to environmental andhuman rights defenders seeking retaliationprevents;"
          • Policy applies to all clients/holdings
            No
            0/0.2
            Policy applies to all clients/holdings
            No
            0/0.2
            "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to:provide appropriate protection to environmental andhuman rights defenders seeking retaliationprevents;"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to:provide appropriate protection to environmental andhuman rights defenders seeking retaliationprevents;"
      • Implementation and Reporting
        16/35
        • Assess client/holding exposure prior to onboarding
          No
          0/5
          Assess client/holding exposure prior to onboarding
          No
          0/5
          Does the financial institution publish the outcome of the risk assessment?: No

          Does the financial institution publish the risk assessment framework/tool used?: No
        • Require disclosure of projects/locations
          No reporting
          0/4
        • Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          "The Sustainability & Climate department adopts the Global Standard for sustainable development and reviews it at least every two years."
        • Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          Does the financial institution assess the severity of any non-compliance on the ground in forest-risk commodity supply chains in line with the guidance of the Accountability Framework?: No

          Does the financial institution prioritise clients/holdings for engagement based on their compliance monitoring? If yes, do they use thresholds/cut offs to identify these clients/holdings?: NA
          "Risk-based approach Rabobank implements this policy in a risk based manner. The impact of sustainability risks may vary depending on the specific activity, the sector, the size of the client company, the geography, the product Rabobank offers and Rabobank’s exposure and relation to the client or business partner. Rabobank can apply different risk based mitigation and implementation measures, with thresholds and frequencies that are proportionate to those risks. Assessment process The Sustainability Assessment is embedded in the Credit Risk Assessment process for corporate clients with a credit exposure above a EUR 1 million threshold. This sustainability assessment provides a basic insight into relative sustainability performance and enables Rabobank to identify frontrunners in a sector. This is a robust check on whether clients are compliant with Rabobank policies and also provides valuable input for strategic discussions with clients."
        • Engagement with non-compliant clients/holdings
          Engage with non-compliant companies, without a time-bound threat of redirection of finance
          2.5/5
          Engagement with non-compliant clients/holdings
          Engage with non-compliant companies, without a time-bound threat of redirection of finance
          2.5/5
          Does the financial institutions have clear thresholds of non-compliance or thresholds of exposure to deforestation risk that trigger engagement processes for clients/holdings?: No

          Does the financial institution engage with the client/holding to support the remediation of any social or environmental non-compliance on the ground?: No

          Does the financial instution engage with the company to develop a time-bound plan for compliance with the policy?: No

          Does the financial institution commit to actively monitor clients/holdings' progress towards their time-bound plans and remediation activities?: No
          "Rabobank uses dialogue processes for the following signals that indicate material adverse sustainability consequences. When such signals relate to our customers, enter our issue engagement process in operation. In its annual report, Rabobank anonymized report on this dialogues to find a balance between external accountability and the relationship of trust with the customer. If we believe that customers accept the terms not comply with our sustainability policy or not making sufficient progress in integrating of sustainability measures in daily business, then we will talk to them. We then ask them for a time-bound plan present that describes how and when they want to improve their practices. These plans contain specific goals and credible timetables."
        • Engagement with non-compliant companies
          0/0
          Engagement with non-compliant companies
          0/0
          Does the financial institution engage with NGOs/CSOs/IPLCs/rightsholders on the ground as part of their engagement?: No
        • Reporting on implementation of the policy
          Reports number/proportion/outcome of portfolio companies which have been engaged with on deforestation-risk or compliance with the policy/time-bound plans
          2/6
          Reporting on implementation of the policy
          Reports number/proportion/outcome of portfolio companies which have been engaged with on deforestation-risk or compliance with the policy/time-bound plans
          2/6
          Type of reporting: NA
          "Internal quarterly reporting on the number of customers who do not meet the Global Standard for sustainable development and that does not have a sufficiently ambitious management action plan to get in here(maximum) three years." They list the no. of companies they engage with on sustainability and human rights issues in their ESG Facts and Figures 2021 report
        • Green financing product with deforestation/conversion requirements
          Yes
          2/2
          Green financing product with deforestation/conversion requirements
          Yes
          2/2
          What does green finance product cover, e.g. financially, size: agribusinesses such as forestry, sugarcane, coconut, dairy, rice, soy and cotton, palm oil, cocoa or vanilla

          Is this a clear part of the transition to fully DCAF financing?: No
          "In partnership with the UN, Rabobank unlocks finance for deforestation-free, sustainable agriculture and land use with the AGRI3 Fund...The ambition of the AGRI3 Fund is to function as a role model for banks, other financial institutions and agribusinesses by developing business models that include acceleration of forest protection and reforestation and implementation of innovative agricultural solutions, whilst improving the living standards of local farmers and smallholders...The Fund will undertake transactions in a wide range and combination of crops. In the first instance, these are likely to be forestry, sugarcane, coconut, dairy, rice, soy and cotton. Other impactful sectors, such as palm oil, cocoa or vanilla, are in scope, although developing projects in these crops is more complex and takes more time."
        • Publicly accessible grievance mechanism
          No
          0/2
        • Remediation of environmental or social harms
          Yes encourage, and the financial institution supports the development of an implementation plan to remediate
          3/4
          Remediation of environmental or social harms
          Yes encourage, and the financial institution supports the development of an implementation plan to remediate
          3/4
          Specifically regarding human rights, we encourage our clients and business partners to: to be transparent about any violations of human rights they have caused or to which they contributed and submit them via to restore or participate in legitimate procedures work on its recovery; Even with the best preventive policies and best practices, it can are that Rabobank inadvertently causes or contributes to adverse effects. If this is the case, we will do everything we canto remedy the situation, independently or in collaboration with the right external partner. Rabobank therefore has complaints procedures, and we expect that the collaborative and multi-stakeholder initiatives to which Rabobank participates in complaints procedures and/or other means for a provide adequate accountability."
    • Soy
      45/90
      • Policy Strength
        13/28
        • Commodity-specific deforestation financing policy
          4.8/8.8
          • Commitment details
            Protects priority forests
            4/8
            Commitment details
            Protects priority forests
            4/8
            Does the policy have specific requirements/expectations of clients/holdings in line with the policy?: No
            "Rabobank requires clients to operate according to industry best practices such as those of the Round Table on Responsible Soy (RTRS) standard. • To exclude deforestation and land right conflicts from the supply chain, midstream and downstream clients in this sector are encouraged to progressively increase the proportion of sustainable soy in their value chain. The Rabobank Exclusion List defines activities that are incompatible with our mission and principles. We will not provide our products and services to these activities. Regarding soy, we will not do business related to : • conversion or deforestation of high conservation value areas, even if legally permissible (see our Biodiversity Policy)"
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "Rabobank requires clients to operate according to industry best practices such as those of the Round Table on Responsible Soy (RTRS) standard. • To exclude deforestation and land right conflicts from the supply chain, midstream and downstream clients in this sector are encouraged to progressively increase the proportion of sustainable soy in their value chain. The Rabobank Exclusion List defines activities that are incompatible with our mission and principles. We will not provide our products and services to these activities. Regarding soy, we will not do business related to : • conversion or deforestation of high conservation value areas, even if legally permissible (see our Biodiversity Policy)"
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "Rabobank requires clients to operate according to industry best practices such as those of the Round Table on Responsible Soy (RTRS) standard. • To exclude deforestation and land right conflicts from the supply chain, midstream and downstream clients in this sector are encouraged to progressively increase the proportion of sustainable soy in their value chain. The Rabobank Exclusion List defines activities that are incompatible with our mission and principles. We will not provide our products and services to these activities. Regarding soy, we will not do business related to : • conversion or deforestation of high conservation value areas, even if legally permissible (see our Biodiversity Policy)"
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "Rabobank requires clients to operate according to industry best practices such as those of the Round Table on Responsible Soy (RTRS) standard. • To exclude deforestation and land right conflicts from the supply chain, midstream and downstream clients in this sector are encouraged to progressively increase the proportion of sustainable soy in their value chain. The Rabobank Exclusion List defines activities that are incompatible with our mission and principles. We will not provide our products and services to these activities. Regarding soy, we will not do business related to : • conversion or deforestation of high conservation value areas, even if legally permissible (see our Biodiversity Policy)"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "For the purpose of defining different requirements, this policy distinguishes the following links in the value chain: soy growers and mills upstream; traders and processors midstream; and (consumer-facing) manufacturers, wholesalers and retailers downstream."[...]"Rabobank requires clients to operate according to industry best practices such as those of the Round Table on Responsible Soy (RTRS) standard. • To exclude deforestation and land right conflicts from the supply chain, midstream and downstream clients in this sector are encouraged to progressively increase the proportion of sustainable soy in their value chain. The Rabobank Exclusion List defines activities that are incompatible with our mission and principles. We will not provide our products and services to these activities. Regarding soy, we will not do business related to : • conversion or deforestation of high conservation value areas, even if legally permissible (see our Biodiversity Policy)"
        • Clients/holdings must be legally operated
          0/2.8
          • Commitment details
            No commitment
            0/2
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must monitor operations
          3.7/3.8
          • Commitment details
            Yes, a traceability system - Require; Yes, a mechanism to monitor compliance - Require
            3/3
            Commitment details
            Yes, a traceability system - Require; Yes, a mechanism to monitor compliance - Require
            3/3
            What type of assurance mechanism is used?: Assurance mechanism; Traceability system
            "Rabobank requires clients to operate according to industry best practices such as those of the Round Table on Responsible Soy (RTRS) standard. • To exclude deforestation and land right conflicts from the supply chain, midstream and downstream clients in this sector are encouraged to progressively increase the proportion of sustainable soy in their value chain. The Rabobank Exclusion List defines activities that are incompatible with our mission and principles. We will not provide our products and services to these activities. Regarding soy, we will not do business related to : • conversion or deforestation of high conservation value areas, even if legally permissible (see our Biodiversity Policy)"[...]"• Downstream clients need to have a sourcing mechanism and traceability to assess and select suppliers when purchasing from regions that are at risk of deforestation or other adverse biodiversity impacts."
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "Rabobank requires clients to operate according to industry best practices such as those of the Round Table on Responsible Soy (RTRS) standard. • To exclude deforestation and land right conflicts from the supply chain, midstream and downstream clients in this sector are encouraged to progressively increase the proportion of sustainable soy in their value chain. The Rabobank Exclusion List defines activities that are incompatible with our mission and principles. We will not provide our products and services to these activities. Regarding soy, we will not do business related to : • conversion or deforestation of high conservation value areas, even if legally permissible (see our Biodiversity Policy)"[...]"• Downstream clients need to have a sourcing mechanism and traceability to assess and select suppliers when purchasing from regions that are at risk of deforestation or other adverse biodiversity impacts."
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "Rabobank requires clients to operate according to industry best practices such as those of the Round Table on Responsible Soy (RTRS) standard. • To exclude deforestation and land right conflicts from the supply chain, midstream and downstream clients in this sector are encouraged to progressively increase the proportion of sustainable soy in their value chain. The Rabobank Exclusion List defines activities that are incompatible with our mission and principles. We will not provide our products and services to these activities. Regarding soy, we will not do business related to : • conversion or deforestation of high conservation value areas, even if legally permissible (see our Biodiversity Policy)"[...]"• Downstream clients need to have a sourcing mechanism and traceability to assess and select suppliers when purchasing from regions that are at risk of deforestation or other adverse biodiversity impacts."
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "Rabobank requires clients to operate according to industry best practices such as those of the Round Table on Responsible Soy (RTRS) standard. • To exclude deforestation and land right conflicts from the supply chain, midstream and downstream clients in this sector are encouraged to progressively increase the proportion of sustainable soy in their value chain. The Rabobank Exclusion List defines activities that are incompatible with our mission and principles. We will not provide our products and services to these activities. Regarding soy, we will not do business related to : • conversion or deforestation of high conservation value areas, even if legally permissible (see our Biodiversity Policy)"[...]"• Downstream clients need to have a sourcing mechanism and traceability to assess and select suppliers when purchasing from regions that are at risk of deforestation or other adverse biodiversity impacts."
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.1/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.1/0.2
            "Rabobank requires clients to operate according to industry best practices such as those of the Round Table on Responsible Soy (RTRS) standard. • To exclude deforestation and land right conflicts from the supply chain, midstream and downstream clients in this sector are encouraged to progressively increase the proportion of sustainable soy in their value chain. The Rabobank Exclusion List defines activities that are incompatible with our mission and principles. We will not provide our products and services to these activities. Regarding soy, we will not do business related to : • conversion or deforestation of high conservation value areas, even if legally permissible (see our Biodiversity Policy)"[...]"• Downstream clients need to have a sourcing mechanism and traceability to assess and select suppliers when purchasing from regions that are at risk of deforestation or other adverse biodiversity impacts."
        • Clients/holdings must conduct risk assessments
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must specify a cut-off date
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Target date for policy implementation
          3.8/3.8
          • Commitment details
            Required
            3/3
            Commitment details
            Required
            3/3
            What is the length of time the portfolio companies are given to meet their time-bound plans?: NA

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

            What is the deadline for the portfolio companies to become compliant with the policy?: Requirement for Investment
            "Rabobank requires clients to operate according to industry best practices such as those of the Round Table on Responsible Soy (RTRS) standard. • To exclude deforestation and land right conflicts from the supply chain, midstream and downstream clients in this sector are encouraged to progressively increase the proportion of sustainable soy in their value chain. The Rabobank Exclusion List defines activities that are incompatible with our mission and principles. We will not provide our products and services to these activities. Regarding soy, we will not do business related to : • conversion or deforestation of high conservation value areas, even if legally permissible (see our Biodiversity Policy)"
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "Rabobank requires clients to operate according to industry best practices such as those of the Round Table on Responsible Soy (RTRS) standard. • To exclude deforestation and land right conflicts from the supply chain, midstream and downstream clients in this sector are encouraged to progressively increase the proportion of sustainable soy in their value chain. The Rabobank Exclusion List defines activities that are incompatible with our mission and principles. We will not provide our products and services to these activities. Regarding soy, we will not do business related to : • conversion or deforestation of high conservation value areas, even if legally permissible (see our Biodiversity Policy)"
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "Rabobank requires clients to operate according to industry best practices such as those of the Round Table on Responsible Soy (RTRS) standard. • To exclude deforestation and land right conflicts from the supply chain, midstream and downstream clients in this sector are encouraged to progressively increase the proportion of sustainable soy in their value chain. The Rabobank Exclusion List defines activities that are incompatible with our mission and principles. We will not provide our products and services to these activities. Regarding soy, we will not do business related to : • conversion or deforestation of high conservation value areas, even if legally permissible (see our Biodiversity Policy)"
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "Rabobank requires clients to operate according to industry best practices such as those of the Round Table on Responsible Soy (RTRS) standard. • To exclude deforestation and land right conflicts from the supply chain, midstream and downstream clients in this sector are encouraged to progressively increase the proportion of sustainable soy in their value chain. The Rabobank Exclusion List defines activities that are incompatible with our mission and principles. We will not provide our products and services to these activities. Regarding soy, we will not do business related to : • conversion or deforestation of high conservation value areas, even if legally permissible (see our Biodiversity Policy)"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "Rabobank requires clients to operate according to industry best practices such as those of the Round Table on Responsible Soy (RTRS) standard. • To exclude deforestation and land right conflicts from the supply chain, midstream and downstream clients in this sector are encouraged to progressively increase the proportion of sustainable soy in their value chain. The Rabobank Exclusion List defines activities that are incompatible with our mission and principles. We will not provide our products and services to these activities. Regarding soy, we will not do business related to : • conversion or deforestation of high conservation value areas, even if legally permissible (see our Biodiversity Policy)"
      • Associated Human Rights Abuses
        17/27
        • Clients/holdings must test Free, Prior and Informed Consent
          3.8/3.8
          • Commitment details
            Required
            3/3
            Commitment details
            Required
            3/3
            Does the financial institution require the client/holding to cease acquisition/expansion unless FPIC is given?: No
            "Being a values driven organization, we do business with those who share our principles. Therefore regarding biodiversity, Rabobank does business with clients and other business partners that if developing plans that could adversely impact ecosystem services and other high conservation values with social dimensions (cultural and community values), obtain the Free, Prior and Informed Consent (FPIC) of impacted communities where our assessment has identified that local legislation does not sufficiently address our principles."
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "Being a values driven organization, we do business with those who share our principles. Therefore regarding biodiversity, Rabobank does business with clients and other business partners that if developing plans that could adversely impact ecosystem services and other high conservation values with social dimensions (cultural and community values), obtain the Free, Prior and Informed Consent (FPIC) of impacted communities where our assessment has identified that local legislation does not sufficiently address our principles."
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "Being a values driven organization, we do business with those who share our principles. Therefore regarding biodiversity, Rabobank does business with clients and other business partners that if developing plans that could adversely impact ecosystem services and other high conservation values with social dimensions (cultural and community values), obtain the Free, Prior and Informed Consent (FPIC) of impacted communities where our assessment has identified that local legislation does not sufficiently address our principles."
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "Being a values driven organization, we do business with those who share our principles. Therefore regarding biodiversity, Rabobank does business with clients and other business partners that if developing plans that could adversely impact ecosystem services and other high conservation values with social dimensions (cultural and community values), obtain the Free, Prior and Informed Consent (FPIC) of impacted communities where our assessment has identified that local legislation does not sufficiently address our principles."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "Being a values driven organization, we do business with those who share our principles. Therefore regarding biodiversity, Rabobank does business with clients and other business partners that if developing plans that could adversely impact ecosystem services and other high conservation values with social dimensions (cultural and community values), obtain the Free, Prior and Informed Consent (FPIC) of impacted communities where our assessment has identified that local legislation does not sufficiently address our principles."
        • Clients/holdings must have a grievance mechanism
          2.3/3.8
          • Commitment details
            Encouraged
            1.5/3
            Commitment details
            Encouraged
            1.5/3
            "Being a values driven organization, we do business with those who share our principles. Therefore regarding land governance, Rabobank does business with clients and other business partners that: have sustainable and/or responsible business principles that promote good land governance, and implement appropriate governance structures, policies and management systems; provide accessible and accountable grievance mechanisms"
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "Being a values driven organization, we do business with those who share our principles. Therefore regarding land governance, Rabobank does business with clients and other business partners that: have sustainable and/or responsible business principles that promote good land governance, and implement appropriate governance structures, policies and management systems; provide accessible and accountable grievance mechanisms"
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "Being a values driven organization, we do business with those who share our principles. Therefore regarding land governance, Rabobank does business with clients and other business partners that: have sustainable and/or responsible business principles that promote good land governance, and implement appropriate governance structures, policies and management systems; provide accessible and accountable grievance mechanisms"
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "Being a values driven organization, we do business with those who share our principles. Therefore regarding land governance, Rabobank does business with clients and other business partners that: have sustainable and/or responsible business principles that promote good land governance, and implement appropriate governance structures, policies and management systems; provide accessible and accountable grievance mechanisms"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "Being a values driven organization, we do business with those who share our principles. Therefore regarding land governance, Rabobank does business with clients and other business partners that: have sustainable and/or responsible business principles that promote good land governance, and implement appropriate governance structures, policies and management systems; provide accessible and accountable grievance mechanisms"
        • Clients/holdings must respect labour rights
          2.3/3.8
          • Commitment details
            Clients/holdings own operations - Required
            1.5/3
            Commitment details
            Clients/holdings own operations - Required
            1.5/3
            Does the financial institution ask the client/holding to protect the health and safety of its own operations or its supply chain workers?: No
            "As a values driven organization, we do business with those who share our principles. Therefore regarding human rights, Rabobank does business with clients and other business partners that: • respect and uphold all human rights as described in the Universal Declaration of Human Rights, and related international legislation and regulations, including the UN Guiding Principles on Business and Human Rights"[...]"Core labor rights include freedom of association and the right to collective bargaining, elimination of forced and compulsory labor (also referred to as modern slavery), the abolition of child labor, and the elimination of discrimination in the workplace"
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "As a values driven organization, we do business with those who share our principles. Therefore regarding human rights, Rabobank does business with clients and other business partners that: • respect and uphold all human rights as described in the Universal Declaration of Human Rights, and related international legislation and regulations, including the UN Guiding Principles on Business and Human Rights"[...]"Core labor rights include freedom of association and the right to collective bargaining, elimination of forced and compulsory labor (also referred to as modern slavery), the abolition of child labor, and the elimination of discrimination in the workplace"
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "As a values driven organization, we do business with those who share our principles. Therefore regarding human rights, Rabobank does business with clients and other business partners that: • respect and uphold all human rights as described in the Universal Declaration of Human Rights, and related international legislation and regulations, including the UN Guiding Principles on Business and Human Rights"[...]"Core labor rights include freedom of association and the right to collective bargaining, elimination of forced and compulsory labor (also referred to as modern slavery), the abolition of child labor, and the elimination of discrimination in the workplace"
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "As a values driven organization, we do business with those who share our principles. Therefore regarding human rights, Rabobank does business with clients and other business partners that: • respect and uphold all human rights as described in the Universal Declaration of Human Rights, and related international legislation and regulations, including the UN Guiding Principles on Business and Human Rights"[...]"Core labor rights include freedom of association and the right to collective bargaining, elimination of forced and compulsory labor (also referred to as modern slavery), the abolition of child labor, and the elimination of discrimination in the workplace"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "As a values driven organization, we do business with those who share our principles. Therefore regarding human rights, Rabobank does business with clients and other business partners that: • respect and uphold all human rights as described in the Universal Declaration of Human Rights, and related international legislation and regulations, including the UN Guiding Principles on Business and Human Rights"[...]"Core labor rights include freedom of association and the right to collective bargaining, elimination of forced and compulsory labor (also referred to as modern slavery), the abolition of child labor, and the elimination of discrimination in the workplace"
        • Clients/holdings must address gender equality issues
          1.3/3.8
          • Commitment details
            Clients/holdings must address gender related worker and labour rights only for own operations - Encouraged
            0.5/3
            Commitment details
            Clients/holdings must address gender related worker and labour rights only for own operations - Encouraged
            0.5/3
            "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: • deal responsibly with land governance, including respecting land tenure and land rights and the right to free, prior and informed consent of all stakeholders regarding changes in land ownership or land use, applying a context or conflict analysis as well as addressing gender issues;"
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: • deal responsibly with land governance, including respecting land tenure and land rights and the right to free, prior and informed consent of all stakeholders regarding changes in land ownership or land use, applying a context or conflict analysis as well as addressing gender issues;"
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: • deal responsibly with land governance, including respecting land tenure and land rights and the right to free, prior and informed consent of all stakeholders regarding changes in land ownership or land use, applying a context or conflict analysis as well as addressing gender issues;"
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: • deal responsibly with land governance, including respecting land tenure and land rights and the right to free, prior and informed consent of all stakeholders regarding changes in land ownership or land use, applying a context or conflict analysis as well as addressing gender issues;"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: • deal responsibly with land governance, including respecting land tenure and land rights and the right to free, prior and informed consent of all stakeholders regarding changes in land ownership or land use, applying a context or conflict analysis as well as addressing gender issues;"
        • Clients/holdings must encourage the inclusion of small-scale farmers
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must respect customary rights to land, resources, and territory
          3.8/3.8
          • Commitment details
            Required
            3/3
            Commitment details
            Required
            3/3
            "Regarding soy, we will not do business related to : new land development causing land tenure conflicts with local communities or Indigenous peoples."
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "Regarding soy, we will not do business related to : new land development causing land tenure conflicts with local communities or Indigenous peoples."
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "Regarding soy, we will not do business related to : new land development causing land tenure conflicts with local communities or Indigenous peoples."
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "Regarding soy, we will not do business related to : new land development causing land tenure conflicts with local communities or Indigenous peoples."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "Regarding soy, we will not do business related to : new land development causing land tenure conflicts with local communities or Indigenous peoples."
        • Zero tolerance approach to violence and threats
          2.3/3.8
          • Commitment details
            Encouraged
            1.5/3
            Commitment details
            Encouraged
            1.5/3
            "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: provide appropriate protection to environmental and human rights defenders seeking retaliation prevents;"
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: provide appropriate protection to environmental and human rights defenders seeking retaliation prevents;"
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: provide appropriate protection to environmental and human rights defenders seeking retaliation prevents;"
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: provide appropriate protection to environmental and human rights defenders seeking retaliation prevents;"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: provide appropriate protection to environmental and human rights defenders seeking retaliation prevents;"
      • Implementation and Reporting
        16/35
        • Assess client/holding exposure prior to onboarding
          No
          0/5
          Assess client/holding exposure prior to onboarding
          No
          0/5
          Does the financial institution publish the risk assessment framework/tool used?: No

          Does the financial institution publish the outcome of the risk assessment?: No
        • Require disclosure of projects/locations
          No reporting
          0/4
        • Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          "The Sustainability & Climate department adopts the Global Standard for sustainable development and reviews it at least every two years."
        • Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          Does the financial institution prioritise clients/holdings for engagement based on their compliance monitoring? If yes, do they use thresholds/cut offs to identify these clients/holdings?: NA

          Does the financial institution assess the severity of any non-compliance on the ground in forest-risk commodity supply chains in line with the guidance of the Accountability Framework?: No
          "Risk-based approach Rabobank implements this policy in a risk based manner. The impact of sustainability risks may vary depending on the specific activity, the sector, the size of the client company, the geography, the product Rabobank offers and Rabobank’s exposure and relation to the client or business partner. Rabobank can apply different risk based mitigation and implementation measures, with thresholds and frequencies that are proportionate to those risks. Assessment process The Sustainability Assessment is embedded in the Credit Risk Assessment process for corporate clients with a credit exposure above a EUR 1 million threshold. This sustainability assessment provides a basic insight into relative sustainability performance and enables Rabobank to identify frontrunners in a sector. This is a robust check on whether clients are compliant with Rabobank policies and also provides valuable input for strategic discussions with clients."
        • Engagement with non-compliant clients/holdings
          Engage with non-compliant companies, without a time-bound threat of redirection of finance
          2.5/5
          Engagement with non-compliant clients/holdings
          Engage with non-compliant companies, without a time-bound threat of redirection of finance
          2.5/5
          Does the financial institution commit to actively monitor clients/holdings' progress towards their time-bound plans and remediation activities?: No

          Does the financial institutions have clear thresholds of non-compliance or thresholds of exposure to deforestation risk that trigger engagement processes for clients/holdings?: No

          Does the financial institution engage with the client/holding to support the remediation of any social or environmental non-compliance on the ground?: No

          Does the financial instution engage with the company to develop a time-bound plan for compliance with the policy?: No
          "Rabobank uses dialogue