-
Overall approach8/16
-
Overarching commitment on deforestation8/16
-
-
Commodity score35/64
-
Beef & Leather32/64
-
Commitment Strength28/42
-
Commodity-specific financing policy9.6/9.6
-
Commitment detailsYes8/8
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must be legally operated3.6/5.6
-
Commitment detailsOwn operations - Require2/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must protect priority forests or globally important landscapes9.6/9.6
-
Commitment detailsAll high priority landscapes - Require8/8
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Assurance mechanism to ensure compliance0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
Companies must have a grievance mechanism0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
Commitments must be timebound5.6/5.6
-
Commitment detailsRequire4/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
-
Social Considerations4/22
-
Company must ensure Free, Prior and Informed Consent3.6/5.6
-
Commitment detailsYes - Encourage2/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Company must respect labour rights0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
Company must address gender equality issues0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
Companies must encourage the inclusion of small-scale farmers0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
-
-
Palm oil37/64
-
Commitment Strength33/42
-
Commodity-specific financing policy9.4/9.6
-
Commitment detailsYes8/8
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders0.2/0.4
-
-
Companies must be legally operated3.6/5.6
-
Commitment detailsOwn operations - Require2/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must protect priority forests or globally important landscapes9.6/9.6
-
Commitment detailsAll high priority landscapes - Require8/8
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Assurance mechanism to ensure compliance5.3/5.6
-
Commitment detailsRequire4/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers0.1/0.4
-
-
Companies must have a grievance mechanism0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
Commitments must be timebound5.3/5.6
-
Commitment detailsRequire4/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers0.1/0.4
-
-
-
Social Considerations4/22
-
Company must ensure Free, Prior and Informed Consent3.6/5.6
-
Commitment detailsYes - Encourage2/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Company must respect labour rights0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chain00/0.4
-
-
Company must address gender equality issues0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
Companies must encourage the inclusion of small-scale farmers0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
-
-
Soy32/64
-
Commitment Strength28/42
-
Commodity-specific financing policy9.6/9.6
-
Commitment detailsYes8/8
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must be legally operated3.6/5.6
-
Commitment detailsOwn operations - Require2/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must protect priority forests or globally important landscapes9.6/9.6
-
Commitment detailsAll high priority landscapes - Require8/8
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Assurance mechanism to ensure compliance0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
Companies must have a grievance mechanism0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
Commitments must be timebound5.6/5.6
-
Commitment detailsRequire4/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
-
Social Considerations4/22
-
Company must ensure Free, Prior and Informed Consent3.6/5.6
-
Commitment detailsYes - Encourage2/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Company must respect labour rights0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
Company must address gender equality issues0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
Companies must encourage the inclusion of small-scale farmers0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
-
-
Timber, Pulp & Paper38/64
-
Commitment Strength34/42
-
Commodity-specific financing policy9.6/9.6
-
Commitment detailsYes8/8
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must be legally operated3.6/5.6
-
Commitment detailsOwn operations - Require2/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must protect priority forests or globally important landscapes9.6/9.6
-
Commitment detailsAll high priority landscapes - Require8/8
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Assurance mechanism to ensure compliance5.6/5.6
-
Commitment detailsRequire4/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must have a grievance mechanism0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
Commitments must be timebound5.6/5.6
-
Commitment detailsRequire4/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
-
Social Considerations4/22
-
Company must ensure Free, Prior and Informed Consent3.6/5.6
-
Commitment detailsYes - Encourage2/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Company must respect labour rights0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
Company must address gender equality issues0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
Companies must encourage the inclusion of small-scale farmers0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
-
-
-
Reporting & Implementation15/20
-
Policy is reviewed and updated5/5
-
Companies must disclose subsidiaries in commodity supply chains0/5
-
Monitoring and non-compliance process5/5
-
Reporting on implementation of the policy5/5
-
-
Commitment strength31/42
-
Social considerations4/22
Profile
Standard Chartered are an international banking group headquartered in London, providing banking products and services for both personal and business customers. Their services include commercial banking and corporate finance, as well as retail banking, insurance, investment and wealth management. As of 2017, Standard Chartered’s total assets stand at over 650 billion USD, their lending amounts to more than 260 billion USD, and they have nearly 60 billion USD in assets under management for private customers. Standard Chartered are among the top 15 lenders to Forest 500 companies, with more than 30 billion dollars of loans to companies exposed to forest risk commodities, predominantly in the food products and agriculture sectors.
Disclaimer
This assessment has been carried out following the methodology developed for the Forest 500 project, available here. Please see our disclaimer applicable to all information contained within this site and our terms and conditions for use of data presented on this site.
All assessments use policies published on company and financial institution websites, and while we endeavor to keep them updated some links may have changed or been removed since the time of assessment.
Please contact us with any concerns or feedback about this or other assessments included in the Forest 500.