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  • Overall approach
    5/10
    • Overarching commitment on deforestation
      2/6
      Zero net deforestation commitment
      2/6
      "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. In Brazil, home to a large part of the Amazon forests, we do not finance deforestation in any biome, even if legally allowed."
    • Deforestation as a business risk
      2/2
      Yes
      2/2
      How is awareness shown?: Signatory to the BEIs Soft Commodity Compact or another finance sector initiative on deforestation

      Is the financial risk recognised by the financial institution reputational, financial, material, etc.?:
      "Rabobank is an adopting bank of the Soft Commodities Compact (SCC), which is a voluntary initiative led by the Consumer Goods Forum and the Banking Environment Initiative. The SCC mobilizes the banking industry to promote sustainable soft commodity supply chains of, for example, soy." 
    • Target to reduce emissions in scope 1/2
    • Company must have anti-corruption policy
      1/2
      Yes, either an anti-corruption policy or a policy on prohibiting abusive tax arrangements
      1/2
      "Rabobank aims to positively affect its own sustainability performance as well as that of its individual clients, client portfolios and wider sectors by providing financial products and services, sharing knowledge and through its networks. We distinguish between impacts in our direct control and those that are directly linked through our relationships with clients and business partners. Regarding anticorruption, for our own activities we will: • uphold all laws aimed at countering bribery and corruption in all the countries where we operate, including the UK Bribery Act 2010 and the US Foreign Corrupt Practices Act"; "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."
  • Commodity score
    44/90
    • Beef & Leather
      39/90
      • Commitment Strength
        10/31
        • Commodity-specific deforestation financing policy
          3.6/9.6
          • Commitment details
            Sustainability commitment
            2/8
            Commitment details
            Sustainability commitment
            2/8
            "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
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "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
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "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 companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "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
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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;"
        • Companies must be legally operated
          2.9/4.6
          • Commitment details
            Companies own operations - Required
            1.5/3
            Commitment details
            Companies own operations - Required
            1.5/3
            "Specifically for traders and downstream processors and retailers, Rabobank does business with clients and business partners that:are members or otherwise supportive of a relevant sector initiative in order to demonstrate that they take value chain responsibility and ensure they comply with local environmental and social laws and regulations in their supply chain"
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Specifically for traders and downstream processors and retailers, Rabobank does business with clients and business partners that:are members or otherwise supportive of a relevant sector initiative in order to demonstrate that they take value chain responsibility and ensure they comply with local environmental and social laws and regulations in their supply chain"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Specifically for traders and downstream processors and retailers, Rabobank does business with clients and business partners that:are members or otherwise supportive of a relevant sector initiative in order to demonstrate that they take value chain responsibility and ensure they comply with local environmental and social laws and regulations in their supply chain"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Specifically for traders and downstream processors and retailers, Rabobank does business with clients and business partners that:are members or otherwise supportive of a relevant sector initiative in order to demonstrate that they take value chain responsibility and ensure they comply with local environmental and social laws and regulations in their supply chain"
          • Policy applies to all stages of the supply chain
            Manufacturers; Retailers
            0.2/0.4
            Policy applies to all stages of the supply chain
            Manufacturers; Retailers
            0.2/0.4
            "Specifically for traders and downstream processors and retailers, Rabobank does business with clients and business partners that:are members or otherwise supportive of a relevant sector initiative in order to demonstrate that they take value chain responsibility and ensure they comply with local environmental and social laws and regulations in their supply chain"
        • Companies must monitor operations
          3.6/5.6
          • Commitment details
            Encouraged
            2/4
            Commitment details
            Encouraged
            2/4
            Type of policy: Assurance mechanism

            Certification scheme (if applicable): US Roundtable for Sustainable Beef
            "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
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "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
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "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 companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "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
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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;"
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        16/27
        • Company must ensure Free, Prior and Informed Consent
          5.6/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            "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. In practice, we may engage with clients and business partners that do not yet fully meet all our expectations if they have an acceptable timebound plan to do so."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "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. In practice, we may engage with clients and business partners that do not yet fully meet all our expectations if they have an acceptable timebound plan to do so."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "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. In practice, we may engage with clients and business partners that do not yet fully meet all our expectations if they have an acceptable timebound plan to do so."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "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. In practice, we may engage with clients and business partners that do not yet fully meet all our expectations if they have an acceptable timebound plan to do so."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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. In practice, we may engage with clients and business partners that do not yet fully meet all our expectations if they have an acceptable timebound plan to do so."
        • Companies must have a grievance mechanism
          3.6/5.6
          • Commitment details
            Encouraged
            2/4
            Commitment details
            Encouraged
            2/4
            In their Land Governance policy, Rabobank state that "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: ... operate grievance mechanisms that have proportionality, are communicated in a culturally appropriate and understandable way, are accessible, transparent and accountable to all stakeholders, and provide appropriate protection of environmental and human rights defenders that prevents retribution; ..."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            In their Land Governance policy, Rabobank state that "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: ... operate grievance mechanisms that have proportionality, are communicated in a culturally appropriate and understandable way, are accessible, transparent and accountable to all stakeholders, and provide appropriate protection of environmental and human rights defenders that prevents retribution; ..."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            In their Land Governance policy, Rabobank state that "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: ... operate grievance mechanisms that have proportionality, are communicated in a culturally appropriate and understandable way, are accessible, transparent and accountable to all stakeholders, and provide appropriate protection of environmental and human rights defenders that prevents retribution; ..."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            In their Land Governance policy, Rabobank state that "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: ... operate grievance mechanisms that have proportionality, are communicated in a culturally appropriate and understandable way, are accessible, transparent and accountable to all stakeholders, and provide appropriate protection of environmental and human rights defenders that prevents retribution; ..."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            In their Land Governance policy, Rabobank state that "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: ... operate grievance mechanisms that have proportionality, are communicated in a culturally appropriate and understandable way, are accessible, transparent and accountable to all stakeholders, and provide appropriate protection of environmental and human rights defenders that prevents retribution; ..."
        • Company must respect labour rights
          5.6/5.6
          • Commitment details
            Companies entire supply chain - Required
            4/4
            Commitment details
            Companies entire supply chain - Required
            4/4
            Type of policy: ILO; UNGP; UN Declaration of HR; Discrimination; Forced Labour; Child Labour; Freedom of Association
            "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...Therefore regarding labor rights, Rabobank does business with clients and business partners that:  • respect all labor rights as described in the ILO Declaration on Fundamental Principles and Rights at Work;.." 
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "This core policy applies to Rabobank itself and to all clients and business relations, including their value chains."; "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...Therefore regarding labor rights, Rabobank does business with clients and business partners that:  • respect all labor rights as described in the ILO Declaration on Fundamental Principles and Rights at Work;.."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "This core policy applies to Rabobank itself and to all clients and business relations, including their value chains."; "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...Therefore regarding labor rights, Rabobank does business with clients and business partners that:  • respect all labor rights as described in the ILO Declaration on Fundamental Principles and Rights at Work;.."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "This core policy applies to Rabobank itself and to all clients and business relations, including their value chains."; "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...Therefore regarding labor rights, Rabobank does business with clients and business partners that:  • respect all labor rights as described in the ILO Declaration on Fundamental Principles and Rights at Work;.."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "This core policy applies to Rabobank itself and to all clients and business relations, including their value chains."; "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...Therefore regarding labor rights, Rabobank does business with clients and business partners that:  • respect all labor rights as described in the ILO Declaration on Fundamental Principles and Rights at Work;.."
        • Company must address gender equality issues
          2.1/5.6
          • Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            "Rabobank reviews the performance and progress of clients during the initial credit assessment and at periodic intervals. We do so by applying a risk based approach, and by collecting supporting information that demonstrates that they: • respect and encourage equal opportunities and diversity in the workplace (including but not limited to gender diversity); "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
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Rabobank reviews the performance and progress of clients during the initial credit assessment and at periodic intervals. We do so by applying a risk based approach, and by collecting supporting information that demonstrates that they: • respect and encourage equal opportunities and diversity in the workplace (including but not limited to gender diversity); "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
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Rabobank reviews the performance and progress of clients during the initial credit assessment and at periodic intervals. We do so by applying a risk based approach, and by collecting supporting information that demonstrates that they: • respect and encourage equal opportunities and diversity in the workplace (including but not limited to gender diversity); "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 companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Rabobank reviews the performance and progress of clients during the initial credit assessment and at periodic intervals. We do so by applying a risk based approach, and by collecting supporting information that demonstrates that they: • respect and encourage equal opportunities and diversity in the workplace (including but not limited to gender diversity); "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
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Rabobank reviews the performance and progress of clients during the initial credit assessment and at periodic intervals. We do so by applying a risk based approach, and by collecting supporting information that demonstrates that they: • respect and encourage equal opportunities and diversity in the workplace (including but not limited to gender diversity); "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; ..."
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        13/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          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 Group Sustainability & Climate Department writes and updates the Global Standard on Sustainable Development (at least every two years). The Global Standard on Sustainable Development is approved by the Managing Board"
        • Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          "The Sustainability Assessment is embedded in the Credit Risk Assessment process for corporate clients with a credit exposure above a EUR 1 million threshold.Rabobank Relationship Managers use a sustainabilityassessment tool (Client Photo) to gain insight intoclient approaches and achievements related toenvironmental, social and governance relatedmatters"
        • Engagement with non-compliant companies
          Engage with non-compliant companies with a time-bound threat of divestment
          5/5
          Engagement with non-compliant companies
          Engage with non-compliant companies with a time-bound threat of divestment
          5/5
          "The Rabobank sustainability policies include binding conditions between the bank and its clients based on potential adverse impacts that we consider to be material. Contractual clauses regarding compliance with our sustainability policies may be inserted into the relevant contracts or letters for prospects. Should serious issues that breach our policy and/or international norms and standards not be rectified through engagement, Rabobank may decide to terminate the client relationship"
        • 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
          "Rabobank engages with clients on material sustainability controversies and alleged issues regarding the environment, human rights, labor rights and governance. These can be addressed by the responsible banker, but in some cases specialist advice is given by the central sustainability department. In 2018, the sustainability department presided 55 such engagements under management." In 2019, they report that they formally engaged with 4 non-compliant soy companies and 3 non-compliant palm oil companies."
        • Ethical product in portfolio
          Yes
          Ethical product in portfolio
          Yes
          0/0
          "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."
    • Palm oil
      49/90
      • Commitment Strength
        14/31
        • Commodity-specific deforestation financing policy
          5.6/9.6
          • Commitment details
            Protects priority forests
            4/8
            Commitment details
            Protects priority forests
            4/8
            "Regarding palm oil, for our own activities we will support and promote the: • Roundtable on Sustainable Palm Oil (RSPO) and its certification scheme...Therefore regarding palm oil, Rabobank does business with clients and business partners that:...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, which ensures production or sourcing does not cause or contribute to deforestation, new plantings on peatland and exploitation (NDPE)...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
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "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
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "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 companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "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
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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)."
        • Companies must be legally operated
          2.9/4.6
          • Commitment details
            Companies own operations - Required
            1.5/3
            Commitment details
            Companies own operations - Required
            1.5/3
            "Specifically for traders and downstream processors and retailers, Rabobank does business with clients and business partners that:are members or otherwise supportive of a relevant sector initiative in order to demonstrate that they take value chain responsibility and ensure they comply with local environmental and social laws and regulations in their supply chain"
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Specifically for traders and downstream processors and retailers, Rabobank does business with clients and business partners that:are members or otherwise supportive of a relevant sector initiative in order to demonstrate that they take value chain responsibility and ensure they comply with local environmental and social laws and regulations in their supply chain"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Specifically for traders and downstream processors and retailers, Rabobank does business with clients and business partners that:are members or otherwise supportive of a relevant sector initiative in order to demonstrate that they take value chain responsibility and ensure they comply with local environmental and social laws and regulations in their supply chain"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Specifically for traders and downstream processors and retailers, Rabobank does business with clients and business partners that:are members or otherwise supportive of a relevant sector initiative in order to demonstrate that they take value chain responsibility and ensure they comply with local environmental and social laws and regulations in their supply chain"
          • Policy applies to all stages of the supply chain
            Manufacturers; Retailers
            0.2/0.4
            Policy applies to all stages of the supply chain
            Manufacturers; Retailers
            0.2/0.4
            "Specifically for traders and downstream processors and retailers, Rabobank does business with clients and business partners that:are members or otherwise supportive of a relevant sector initiative in order to demonstrate that they take value chain responsibility and ensure they comply with local environmental and social laws and regulations in their supply chain"
        • Companies must monitor operations
          5.6/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            Certification scheme (if applicable): RSPO

            Type of policy: Assurance mechanism
            "Regarding palm oil, for our own activities we will support and promote the: • Roundtable on Sustainable Palm Oil (RSPO) and its certification scheme... . Therefore regarding palm oil, Rabobank does business with clients and business partners that:...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, which ensures production or sourcing does not cause or contribute to deforestation, new plantings on peatland and exploitation (NDPE)... 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
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "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)... Regarding palm oil, for our own activities we will support and promote the: • Roundtable on Sustainable Palm Oil (RSPO) and its certification scheme... . Therefore regarding palm oil, Rabobank does business with clients and business partners that:...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, which ensures production or sourcing does not cause or contribute to deforestation, new plantings on peatland and exploitation (NDPE)... 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
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "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)... Regarding palm oil, for our own activities we will support and promote the: • Roundtable on Sustainable Palm Oil (RSPO) and its certification scheme... . Therefore regarding palm oil, Rabobank does business with clients and business partners that:...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, which ensures production or sourcing does not cause or contribute to deforestation, new plantings on peatland and exploitation (NDPE)... 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 companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "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)... Regarding palm oil, for our own activities we will support and promote the: • Roundtable on Sustainable Palm Oil (RSPO) and its certification scheme... . Therefore regarding palm oil, Rabobank does business with clients and business partners that:...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, which ensures production or sourcing does not cause or contribute to deforestation, new plantings on peatland and exploitation (NDPE)... 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
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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)... Regarding palm oil, for our own activities we will support and promote the: • Roundtable on Sustainable Palm Oil (RSPO) and its certification scheme... . Therefore regarding palm oil, Rabobank does business with clients and business partners that:...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, which ensures production or sourcing does not cause or contribute to deforestation, new plantings on peatland and exploitation (NDPE)... 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);.."  
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        17/27
        • Company must ensure Free, Prior and Informed Consent
          3.6/5.6
          • Commitment details
            Encouraged
            2/4
            Commitment details
            Encouraged
            2/4
            "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. In practice, we may engage with clients and business partners that do not yet fully meet all our expectations if they have an acceptable timebound plan to do so."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "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. In practice, we may engage with clients and business partners that do not yet fully meet all our expectations if they have an acceptable timebound plan to do so."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "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. In practice, we may engage with clients and business partners that do not yet fully meet all our expectations if they have an acceptable timebound plan to do so."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "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. In practice, we may engage with clients and business partners that do not yet fully meet all our expectations if they have an acceptable timebound plan to do so."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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. In practice, we may engage with clients and business partners that do not yet fully meet all our expectations if they have an acceptable timebound plan to do so."
        • Companies must have a grievance mechanism
          3.6/5.6
          • Commitment details
            Encouraged
            2/4
            Commitment details
            Encouraged
            2/4
            In their Land Governance policy, Rabobank state that "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: ... operate grievance mechanisms that have proportionality, are communicated in a culturally appropriate and understandable way, are accessible, transparent and accountable to all stakeholders, and provide appropriate protection of environmental and human rights defenders that prevents retribution; ..."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            In their Land Governance policy, Rabobank state that "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: ... operate grievance mechanisms that have proportionality, are communicated in a culturally appropriate and understandable way, are accessible, transparent and accountable to all stakeholders, and provide appropriate protection of environmental and human rights defenders that prevents retribution; ..."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            In their Land Governance policy, Rabobank state that "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: ... operate grievance mechanisms that have proportionality, are communicated in a culturally appropriate and understandable way, are accessible, transparent and accountable to all stakeholders, and provide appropriate protection of environmental and human rights defenders that prevents retribution; ..."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            In their Land Governance policy, Rabobank state that "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: ... operate grievance mechanisms that have proportionality, are communicated in a culturally appropriate and understandable way, are accessible, transparent and accountable to all stakeholders, and provide appropriate protection of environmental and human rights defenders that prevents retribution; ..."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            In their Land Governance policy, Rabobank state that "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: ... operate grievance mechanisms that have proportionality, are communicated in a culturally appropriate and understandable way, are accessible, transparent and accountable to all stakeholders, and provide appropriate protection of environmental and human rights defenders that prevents retribution; ..."
        • Company must respect labour rights
          5.6/5.6
          • Commitment details
            Companies entire supply chain - Required
            4/4
            Commitment details
            Companies entire supply chain - Required
            4/4
            Type of policy: ILO; UNGP; UN Declaration of HR; Discrimination; Forced Labour; Child Labour; Freedom of Association

            Does the financial institution ask the company to protect the health and safety of its own operations or its supply chain workers?: Yes
            "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...Therefore regarding labor rights, Rabobank does business with clients and business partners that:  • respect all labor rights as described in the ILO Declaration on Fundamental Principles and Rights at Work;.." 
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "This core policy applies to Rabobank itself and to all clients and business relations, including their value chains."; "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...Therefore regarding labor rights, Rabobank does business with clients and business partners that:  • respect all labor rights as described in the ILO Declaration on Fundamental Principles and Rights at Work;.."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "This core policy applies to Rabobank itself and to all clients and business relations, including their value chains."; "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...Therefore regarding labor rights, Rabobank does business with clients and business partners that:  • respect all labor rights as described in the ILO Declaration on Fundamental Principles and Rights at Work;.."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "This core policy applies to Rabobank itself and to all clients and business relations, including their value chains."; "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...Therefore regarding labor rights, Rabobank does business with clients and business partners that:  • respect all labor rights as described in the ILO Declaration on Fundamental Principles and Rights at Work;.."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "This core policy applies to Rabobank itself and to all clients and business relations, including their value chains."; "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...Therefore regarding labor rights, Rabobank does business with clients and business partners that:  • respect all labor rights as described in the ILO Declaration on Fundamental Principles and Rights at Work;.."
        • Company must address gender equality issues
          2.1/5.6
          • Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            "Rabobank reviews the performance and progress of clients during the initial credit assessment and at periodic intervals. We do so by applying a risk based approach, and by collecting supporting information that demonstrates that they: • respect and encourage equal opportunities and diversity in the workplace (including but not limited to gender diversity); "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
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Rabobank reviews the performance and progress of clients during the initial credit assessment and at periodic intervals. We do so by applying a risk based approach, and by collecting supporting information that demonstrates that they: • respect and encourage equal opportunities and diversity in the workplace (including but not limited to gender diversity); "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
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Rabobank reviews the performance and progress of clients during the initial credit assessment and at periodic intervals. We do so by applying a risk based approach, and by collecting supporting information that demonstrates that they: • respect and encourage equal opportunities and diversity in the workplace (including but not limited to gender diversity); "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 companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Rabobank reviews the performance and progress of clients during the initial credit assessment and at periodic intervals. We do so by applying a risk based approach, and by collecting supporting information that demonstrates that they: • respect and encourage equal opportunities and diversity in the workplace (including but not limited to gender diversity); "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
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Rabobank reviews the performance and progress of clients during the initial credit assessment and at periodic intervals. We do so by applying a risk based approach, and by collecting supporting information that demonstrates that they: • respect and encourage equal opportunities and diversity in the workplace (including but not limited to gender diversity); "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; ..."
        • Companies must encourage the inclusion of small-scale farmers
          3.6/5.6
          • Commitment details
            Encouraged
            2/4
            Commitment details
            Encouraged
            2/4
            "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
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "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."; "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
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "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."; "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 companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "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."; "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
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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."; "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)."
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            Required
            Commitment details
            Required
            0/0
            "Regarding palm oil, 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
            0/0.4
            Policy applies to all operations and financing
            All financing
            0/0.4
            "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
            0/0.4
            Policy applies to all deals
            All financing
            0/0.4
            "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 companies
            All financing
            0/0.4
            Policy applies to all companies
            All financing
            0/0.4
            "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
            0/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0/0.4
            "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)."
      • Reporting and Implementation
        18/31
        • Commitments must be timebound
          Required
          5/5
          Commitments must be timebound
          Required
          5/5
          "We support the development towards a sustainable palm oil sector in the following way: 1 We expect clients with plantations (upstream players) to comply with the following minimum criteria and support them in that direction: • Member of the RSPO on a holding level, committed to adhere to the RSPO Principles and criteria • Progress reported in Annual Communication On Progress (ACOP) • A time bound plan for certification of all plantations under direct control by the end of 2020 or to be certified within 4 years after acquiring or developing new operations. • We engage clients in case of issues, incidents and/or if we consider the minimum requirements have been breached."
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          "The Group Sustainability & Climate Department writes and updates the Global Standard on Sustainable Development (at least every two years). The Global Standard on Sustainable Development is approved by the Managing Board"
        • Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          "The Sustainability Assessment is embedded in the Credit Risk Assessment process for corporate clients with a credit exposure above a EUR 1 million threshold.Rabobank Relationship Managers use a sustainabilityassessment tool (Client Photo) to gain insight intoclient approaches and achievements related toenvironmental, social and governance relatedmatters"
        • Engagement with non-compliant companies
          Engage with non-compliant companies with a time-bound threat of divestment
          5/5
          Engagement with non-compliant companies
          Engage with non-compliant companies with a time-bound threat of divestment
          5/5
          "The Rabobank sustainability policies include binding conditions between the bank and its clients based on potential adverse impacts that we consider to be material. Contractual clauses regarding compliance with our sustainability policies may be inserted into the relevant contracts or letters for prospects. Should serious issues that breach our policy and/or international norms and standards not be rectified through engagement, Rabobank may decide to terminate the client relationship"
        • 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: Companies they engaged with 
          "Rabobank engages with clients on material sustainability controversies and alleged issues regarding the environment, human rights, labor rights and governance. These can be addressed by the responsible banker, but in some cases specialist advice is given by the central sustainability department. In 2018, the sustainability department presided 55 such engagements under management." In 2019, they report that they formally engaged with 4 non-compliant soy companies and 3 non-compliant palm oil companies."
        • Ethical product in portfolio
          Yes
          Ethical product in portfolio
          Yes
          0/0
          What does green finance product cover?: agribusinesses such as forestry, sugarcane, coconut, dairy, rice, soy and cotton, palm oil, cocoa or vanilla
          "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."
    • Soy
      43/90
      • Commitment Strength
        16/31
        • Commodity-specific deforestation financing policy
          7.6/9.6
          • Commitment details
            Zero-gross deforestation
            6/8
            Commitment details
            Zero-gross deforestation
            6/8
            "With clients at every level of the soy value chain, Rabobank is uniquely positioned to help the sector transition towards sustainable soy production – from encouraging the cultivation of underused farmland to shifting market demand and accountability. We believe it is a shared responsibility. With our knowledge, networks and financial solutions we encourage our clients in the whole value chain to keep improving, step by step...We do not accept deforestation, land grabbing or violation of human rights...Rabobank is an active member of relevant soy networks like the Round Table on Responsible Soy (RTRS), with a seat on the executive board. The RTRS promotes responsible production, processing and trading of soy, including certification. Rabobank is also a member of the Consumer Goods Forum, which brings consumer goods manufacturers and retailers together to achieve zero net deforestation by 2020."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "With clients at every level of the soy value chain, Rabobank is uniquely positioned to help the sector transition towards sustainable soy production – from encouraging the cultivation of underused farmland to shifting market demand and accountability. We believe it is a shared responsibility. With our knowledge, networks and financial solutions we encourage our clients in the whole value chain to keep improving, step by step...We do not accept deforestation, land grabbing or violation of human rights...Rabobank is an active member of relevant soy networks like the Round Table on Responsible Soy (RTRS), with a seat on the executive board. The RTRS promotes responsible production, processing and trading of soy, including certification. Rabobank is also a member of the Consumer Goods Forum, which brings consumer goods manufacturers and retailers together to achieve zero net deforestation by 2020."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "With clients at every level of the soy value chain, Rabobank is uniquely positioned to help the sector transition towards sustainable soy production – from encouraging the cultivation of underused farmland to shifting market demand and accountability. We believe it is a shared responsibility. With our knowledge, networks and financial solutions we encourage our clients in the whole value chain to keep improving, step by step...We do not accept deforestation, land grabbing or violation of human rights...Rabobank is an active member of relevant soy networks like the Round Table on Responsible Soy (RTRS), with a seat on the executive board. The RTRS promotes responsible production, processing and trading of soy, including certification. Rabobank is also a member of the Consumer Goods Forum, which brings consumer goods manufacturers and retailers together to achieve zero net deforestation by 2020."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "With clients at every level of the soy value chain, Rabobank is uniquely positioned to help the sector transition towards sustainable soy production – from encouraging the cultivation of underused farmland to shifting market demand and accountability. We believe it is a shared responsibility. With our knowledge, networks and financial solutions we encourage our clients in the whole value chain to keep improving, step by step...We do not accept deforestation, land grabbing or violation of human rights...Rabobank is an active member of relevant soy networks like the Round Table on Responsible Soy (RTRS), with a seat on the executive board. The RTRS promotes responsible production, processing and trading of soy, including certification. Rabobank is also a member of the Consumer Goods Forum, which brings consumer goods manufacturers and retailers together to achieve zero net deforestation by 2020."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "With clients at every level of the soy value chain, Rabobank is uniquely positioned to help the sector transition towards sustainable soy production – from encouraging the cultivation of underused farmland to shifting market demand and accountability. We believe it is a shared responsibility. With our knowledge, networks and financial solutions we encourage our clients in the whole value chain to keep improving, step by step...We do not accept deforestation, land grabbing or violation of human rights...Rabobank is an active member of relevant soy networks like the Round Table on Responsible Soy (RTRS), with a seat on the executive board. The RTRS promotes responsible production, processing and trading of soy, including certification. Rabobank is also a member of the Consumer Goods Forum, which brings consumer goods manufacturers and retailers together to achieve zero net deforestation by 2020."
        • Companies must be legally operated
          2.9/4.6
          • Commitment details
            Companies own operations - Required
            1.5/3
            Commitment details
            Companies own operations - Required
            1.5/3
            "Specifically for traders and downstream processors and retailers, Rabobank does business with clients and business partners that:are members or otherwise supportive of a relevant sector initiative in order to demonstrate that they take value chain responsibility and ensure they comply with local environmental and social laws and regulations in their supply chain"
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Specifically for traders and downstream processors and retailers, Rabobank does business with clients and business partners that:are members or otherwise supportive of a relevant sector initiative in order to demonstrate that they take value chain responsibility and ensure they comply with local environmental and social laws and regulations in their supply chain"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Specifically for traders and downstream processors and retailers, Rabobank does business with clients and business partners that:are members or otherwise supportive of a relevant sector initiative in order to demonstrate that they take value chain responsibility and ensure they comply with local environmental and social laws and regulations in their supply chain"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Specifically for traders and downstream processors and retailers, Rabobank does business with clients and business partners that:are members or otherwise supportive of a relevant sector initiative in order to demonstrate that they take value chain responsibility and ensure they comply with local environmental and social laws and regulations in their supply chain"
          • Policy applies to all stages of the supply chain
            Manufacturers; Retailers
            0.2/0.4
            Policy applies to all stages of the supply chain
            Manufacturers; Retailers
            0.2/0.4
            "Specifically for traders and downstream processors and retailers, Rabobank does business with clients and business partners that:are members or otherwise supportive of a relevant sector initiative in order to demonstrate that they take value chain responsibility and ensure they comply with local environmental and social laws and regulations in their supply chain"
        • Companies must monitor operations
          5.6/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            Certification scheme (if applicable): RTRS

            Type of policy: Assurance mechanism
            "With clients at every level of the soy value chain, Rabobank is uniquely positioned to help the sector transition towards sustainable soy production – from encouraging the cultivation of underused farmland to shifting market demand and accountability. We believe it is a shared responsibility. With our knowledge, networks and financial solutions we encourage our clients in the whole value chain to keep improving, step by step...We do not accept deforestation, land grabbing or violation of human rights...Rabobank is an active member of relevant soy networks like the Round Table on Responsible Soy (RTRS), with a seat on the executive board. The RTRS promotes responsible production, processing and trading of soy, including certification. Rabobank is also a member of the Consumer Goods Forum, which brings consumer goods manufacturers and retailers together to achieve zero net deforestation by 2020."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "With clients at every level of the soy value chain, Rabobank is uniquely positioned to help the sector transition towards sustainable soy production – from encouraging the cultivation of underused farmland to shifting market demand and accountability. We believe it is a shared responsibility. With our knowledge, networks and financial solutions we encourage our clients in the whole value chain to keep improving, step by step...We do not accept deforestation, land grabbing or violation of human rights...Rabobank is an active member of relevant soy networks like the Round Table on Responsible Soy (RTRS), with a seat on the executive board. The RTRS promotes responsible production, processing and trading of soy, including certification. Rabobank is also a member of the Consumer Goods Forum, which brings consumer goods manufacturers and retailers together to achieve zero net deforestation by 2020."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "With clients at every level of the soy value chain, Rabobank is uniquely positioned to help the sector transition towards sustainable soy production – from encouraging the cultivation of underused farmland to shifting market demand and accountability. We believe it is a shared responsibility. With our knowledge, networks and financial solutions we encourage our clients in the whole value chain to keep improving, step by step...We do not accept deforestation, land grabbing or violation of human rights...Rabobank is an active member of relevant soy networks like the Round Table on Responsible Soy (RTRS), with a seat on the executive board. The RTRS promotes responsible production, processing and trading of soy, including certification. Rabobank is also a member of the Consumer Goods Forum, which brings consumer goods manufacturers and retailers together to achieve zero net deforestation by 2020."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "With clients at every level of the soy value chain, Rabobank is uniquely positioned to help the sector transition towards sustainable soy production – from encouraging the cultivation of underused farmland to shifting market demand and accountability. We believe it is a shared responsibility. With our knowledge, networks and financial solutions we encourage our clients in the whole value chain to keep improving, step by step...We do not accept deforestation, land grabbing or violation of human rights...Rabobank is an active member of relevant soy networks like the Round Table on Responsible Soy (RTRS), with a seat on the executive board. The RTRS promotes responsible production, processing and trading of soy, including certification. Rabobank is also a member of the Consumer Goods Forum, which brings consumer goods manufacturers and retailers together to achieve zero net deforestation by 2020."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "With clients at every level of the soy value chain, Rabobank is uniquely positioned to help the sector transition towards sustainable soy production – from encouraging the cultivation of underused farmland to shifting market demand and accountability. We believe it is a shared responsibility. With our knowledge, networks and financial solutions we encourage our clients in the whole value chain to keep improving, step by step...We do not accept deforestation, land grabbing or violation of human rights...Rabobank is an active member of relevant soy networks like the Round Table on Responsible Soy (RTRS), with a seat on the executive board. The RTRS promotes responsible production, processing and trading of soy, including certification. Rabobank is also a member of the Consumer Goods Forum, which brings consumer goods manufacturers and retailers together to achieve zero net deforestation by 2020."
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        14/27
        • Company must ensure Free, Prior and Informed Consent
          3.6/5.6
          • Commitment details
            Encouraged
            2/4
            Commitment details
            Encouraged
            2/4
            "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. In practice, we may engage with clients and business partners that do not yet fully meet all our expectations if they have an acceptable timebound plan to do so."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "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. In practice, we may engage with clients and business partners that do not yet fully meet all our expectations if they have an acceptable timebound plan to do so."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "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. In practice, we may engage with clients and business partners that do not yet fully meet all our expectations if they have an acceptable timebound plan to do so."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "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. In practice, we may engage with clients and business partners that do not yet fully meet all our expectations if they have an acceptable timebound plan to do so."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "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. In practice, we may engage with clients and business partners that do not yet fully meet all our expectations if they have an acceptable timebound plan to do so."
        • Companies must have a grievance mechanism
          3.6/5.6
          • Commitment details
            Encouraged
            2/4
            Commitment details
            Encouraged
            2/4
            In their Land Governance policy, Rabobank state that "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: ... operate grievance mechanisms that have proportionality, are communicated in a culturally appropriate and understandable way, are accessible, transparent and accountable to all stakeholders, and provide appropriate protection of environmental and human rights defenders that prevents retribution; ..."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            In their Land Governance policy, Rabobank state that "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: ... operate grievance mechanisms that have proportionality, are communicated in a culturally appropriate and understandable way, are accessible, transparent and accountable to all stakeholders, and provide appropriate protection of environmental and human rights defenders that prevents retribution; ..."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            In their Land Governance policy, Rabobank state that "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: ... operate grievance mechanisms that have proportionality, are communicated in a culturally appropriate and understandable way, are accessible, transparent and accountable to all stakeholders, and provide appropriate protection of environmental and human rights defenders that prevents retribution; ..."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            In their Land Governance policy, Rabobank state that "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: ... operate grievance mechanisms that have proportionality, are communicated in a culturally appropriate and understandable way, are accessible, transparent and accountable to all stakeholders, and provide appropriate protection of environmental and human rights defenders that prevents retribution; ..."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            In their Land Governance policy, Rabobank state that "We encourage the transition towards more sustainable practices and continuous improvement. Specifically regarding land governance, we encourage our clients and business partners to: ... operate grievance mechanisms that have proportionality, are communicated in a culturally appropriate and understandable way, are accessible, transparent and accountable to all stakeholders, and provide appropriate protection of environmental and human rights defenders that prevents retribution; ..."
        • Company must respect labour rights
          5.6/5.6
          • Commitment details
            Companies entire supply chain - Required
            4/4
            Commitment details
            Companies entire supply chain - Required
            4/4
            Type of policy: ILO; UNGP; UN Declaration of HR; Discrimination; Forced Labour; Child Labour; Freedom of Association
            "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...Therefore regarding labor rights, Rabobank does business with clients and business partners that:  • respect all labor rights as described in the ILO Declaration on Fundamental Principles and Rights at Work;.." 
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "This core policy applies to Rabobank itself and to all clients and business relations, including their value chains."; "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...Therefore regarding labor rights, Rabobank does business with clients and business partners that:  • respect all labor rights as described in the ILO Declaration on Fundamental Principles and Rights at Work;.."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "This core policy applies to Rabobank itself and to all clients and business relations, including their value chains."; "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...Therefore regarding labor rights, Rabobank does business with clients and business partners that:  • respect all labor rights as described in the ILO Declaration on Fundamental Principles and Rights at Work;.."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "This core policy applies to Rabobank itself and to all clients and business relations, including their value chains."; "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...Therefore regarding labor rights, Rabobank does business with clients and business partners that:  • respect all labor rights as described in the ILO Declaration on Fundamental Principles and Rights at Work;.."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "This core policy applies to Rabobank itself and to all clients and business relations, including their value chains."; "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...Therefore regarding labor rights, Rabobank does business with clients and business partners that:  • respect all labor rights as described in the ILO Declaration on Fundamental Principles and Rights at Work;.."
        • Company must address gender equality issues
          2.1/5.6
          • Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            "Rabobank reviews the performance and progress of clients during the initial credit assessment and at periodic intervals. We do so by applying a risk based approach, and by collecting supporting information that demonstrates that they: • respect and encourage equal opportunities and diversity in the workplace (including but not limited to gender diversity); "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
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Rabobank reviews the performance and progress of clients during the initial credit assessment and at periodic intervals. We do so by applying a risk based approach, and by collecting supporting information that demonstrates that they: • respect and encourage equal opportunities and diversity in the workplace (including but not limited to gender diversity); "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
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Rabobank reviews the performance and progress of clients during the initial credit assessment and at periodic intervals. We do so by applying a risk based approach, and by collecting supporting information that demonstrates that they: • respect and encourage equal opportunities and diversity in the workplace (including but not limited to gender diversity); "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 companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Rabobank reviews the performance and progress of clients during the initial credit assessment and at periodic intervals. We do so by applying a risk based approach, and by collecting supporting information that demonstrates that they: • respect and encourage equal opportunities and diversity in the workplace (including but not limited to gender diversity); "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
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Rabobank reviews the performance and progress of clients during the initial credit assessment and at periodic intervals. We do so by applying a risk based approach, and by collecting supporting information that demonstrates that they: • respect and encourage equal opportunities and diversity in the workplace (including but not limited to gender diversity); "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; ..."
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        13/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          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 Group Sustainability & Climate Department writes and updates the Global Standard on Sustainable Development (at least every two years). The Global Standard on Sustainable Development is approved by the Managing Board"
        • Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          "The Sustainability Assessment is embedded in the Credit Risk Assessment process for corporate clients with a credit exposure above a EUR 1 million threshold.Rabobank Relationship Managers use a sustainabilityassessment tool (Client Photo) to gain insight intoclient approaches and achievements related toenvironmental, social and governance relatedmatters"
        • Engagement with non-compliant companies
          Engage with non-compliant companies with a time-bound threat of divestment
          5/5
          Engagement with non-compliant companies
          Engage with non-compliant companies with a time-bound threat of divestment
          5/5
          "The Rabobank sustainability policies include binding conditions between the bank and its clients based on potential adverse impacts that we consider to be material. Contractual clauses regarding compliance with our sustainability policies may be inserted into the relevant contracts or letters for prospects. Should serious issues that breach our policy and/or international norms and standards not be rectified through engagement, Rabobank may decide to terminate the client relationship"
        • 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: Companies they engaged with
          "Rabobank engages with clients on material sustainability controversies and alleged issues regarding the environment, human rights, labor rights and governance. These can be addressed by the responsible banker, but in some cases specialist advice is given by the central sustainability department. In 2018, the sustainability department presided 55 such engagements under management." In 2019, they report that they formally engaged with 4 non-compliant soy companies and 3 non-compliant palm oil companies."
        • Ethical product in portfolio
          Yes
          Ethical product in portfolio
          Yes
          0/0
          What does green finance product cover?: agribusinesses such as forestry, sugarcane, coconut, dairy, rice, soy and cotton, palm oil, cocoa or vanilla
          "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."
    • Timber, Pulp & Paper
      47/90
      • Commitment Strength
        18/31
        • Commodity-specific deforestation financing policy
          9.6/9.6
          • Commitment details
            Zero-gross conversion
            8/8
            Commitment details
            Zero-gross conversion
            8/8
            "Rabobank expects clients to demonstrate sustainable forest management practices, notably by achieving certification according to the Forest Stewardship Council (FSC) or the Programme for the Endorsement of Forest Certification (PEFC).• Clients are required to show progress towards achieving a net positive carbon balance.• Downstream clients need to have a purchasing policy that considers sustainability issues for forestry. • Those working towards certification or certified sourcing need to have an acceptable timebound plan..., we will not do business related to:• conversion or deforestation of high conservation value areas."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Rabobank expects clients to demonstrate sustainable forest management practices, notably by achieving certification according to the Forest Stewardship Council (FSC) or the Programme for the Endorsement of Forest Certification (PEFC).• Clients are required to show progress towards achieving a net positive carbon balance.• Downstream clients need to have a purchasing policy that considers sustainability issues for forestry. • Those working towards certification or certified sourcing need to have an acceptable timebound plan..., we will not do business related to:• conversion or deforestation of high conservation value areas."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Rabobank expects clients to demonstrate sustainable forest management practices, notably by achieving certification according to the Forest Stewardship Council (FSC) or the Programme for the Endorsement of Forest Certification (PEFC).• Clients are required to show progress towards achieving a net positive carbon balance.• Downstream clients need to have a purchasing policy that considers sustainability issues for forestry. • Those working towards certification or certified sourcing need to have an acceptable timebound plan..., we will not do business related to:• conversion or deforestation of high conservation value areas."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Rabobank expects clients to demonstrate sustainable forest management practices, notably by achieving certification according to the Forest Stewardship Council (FSC) or the Programme for the Endorsement of Forest Certification (PEFC).• Clients are required to show progress towards achieving a net positive carbon balance.• Downstream clients need to have a purchasing policy that considers sustainability issues for forestry. • Those working towards certification or certified sourcing need to have an acceptable timebound plan..., we will not do business related to:• conversion or deforestation of high conservation value areas."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Rabobank expects clients to demonstrate sustainable forest management practices, notably by achieving certification according to the Forest Stewardship Council (FSC) or the Programme for the Endorsement of Forest Certification (PEFC).• Clients are required to show progress towards achieving a net positive carbon balance.• Downstream clients need to have a purchasing policy that considers sustainability issues for forestry. • Those working towards certification or certified sourcing need to have an acceptable timebound plan..., we will not do business related to:• conversion or deforestation of high conservation value areas."
        • Companies must be legally operated
          2.9/4.6
          • Commitment details
            Companies own operations - Required
            1.5/3
            Commitment details
            Companies own operations - Required
            1.5/3
            "Specifically for traders and downstream processors and retailers, Rabobank does business with clients and business partners that:are members or otherwise supportive of a relevant sector initiative in order to demonstrate that they take value chain responsibility and ensure they comply with local environmental and social laws and regulations in their supply chain"
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Specifically for traders and downstream processors and retailers, Rabobank does business with clients and business partners that:are members or otherwise supportive of a relevant sector initiative in order to demonstrate that they take value chain responsibility and ensure they comply with local environmental and social laws and regulations in their supply chain"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Specifically for traders and downstream processors and retailers, Rabobank does business with clients and business partners that:are members or otherwise supportive of a relevant sector initiative in order to demonstrate that they take value chain responsibility and ensure they comply with local environmental and social laws and regulations in their supply chain"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Specifically for traders and downstream processors and retailers, Rabobank does business with clients and business partners that:are members or otherwise supportive of a relevant sector initiative in order to demonstrate that they take value chain responsibility and ensure they comply with local environmental and social laws and regulations in their supply chain"
          • Policy applies to all stages of the supply chain
            Manufacturers; Retailers
            0.2/0.4
            Policy applies to all stages of the supply chain
            Manufacturers; Retailers
            0.2/0.4
            "Specifically for traders and downstream processors and retailers, Rabobank does business with clients and business partners that:are members or otherwise supportive of a relevant sector initiative in order to demonstrate that they take value chain responsibility and ensure they comply with local environmental and social laws and regulations in their supply chain"
        • Companies must monitor operations
          5.6/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            Certification scheme (if applicable): FSC and PEFC

            Type of policy: Assurance mechanism
            "Rabobank expects clients to demonstrate sustainable forest management practices, notably by achieving certification according to the Forest Stewardship Council (FSC) or the Programme for the Endorsement of Forest Certification (PEFC).• Clients are required to show progress towards achieving a net positive carbon balance.• Downstream clients need to have a purchasing policy that considers sustainability issues for forestry. • Those working towards certification or certified sourcing need to have an acceptable timebound plan..., we will not do business related to:• conversion or deforestation of high conservation value areas."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Rabobank expects clients to demonstrate sustainable forest management practices, notably by achieving certification according to the Forest Stewardship Council (FSC) or the Programme for the Endorsement of Forest Certification (PEFC).• Clients are required to show progress towards achieving a net positive carbon balance.• Downstream clients need to have a purchasing policy that considers sustainability issues for forestry. • Those working towards certification or certified sourcing need to have an acceptable timebound plan..., we will not do business related to:• conversion or deforestation of high conservation value areas."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Rabobank expects clients to demonstrate sustainable forest management practices, notably by achieving certification according to the Forest Stewardship Council (FSC) or the Programme for the Endorsement of Forest Certification (PEFC).• Clients are required to show progress towards achieving a net positive carbon balance.• Downstream clients need to have a purchasing policy that considers sustainability issues for forestry. • Those working towards certification or certified sourcing need to have an acceptable timebound plan..., we will not do business related to:• conversion or deforestation of high conservation value areas."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4