-
Overall approach0/16
-
Overarching commitment on deforestation0/16
-
-
Commodity score25/64
-
Beef & Leather18/64
-
Commitment Strength18/42
-
Commodity-specific financing policy0/9.6
-
Commitment detailsNo0/8
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
Companies must be legally operated3.4/5.6
-
Commitment detailsOwn operations - Require2/4
-
Policy applies to all operations and financingSubset0.2/0.4
-
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 landscapes9.4/9.6
-
Commitment detailsAll high priority landscapes - Require8/8
-
Policy applies to all operations and financingSubset0.2/0.4
-
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 Considerations0/22
-
Company must ensure Free, Prior and Informed Consent0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
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 oil31/64
-
Commitment Strength31/42
-
Commodity-specific financing policy9.4/9.6
-
Commitment detailsYes8/8
-
Policy applies to all operations and financingSubset0.2/0.4
-
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 operated3.4/5.6
-
Commitment detailsOwn operations - Require2/4
-
Policy applies to all operations and financingSubset0.2/0.4
-
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 landscapes9.4/9.6
-
Commitment detailsAll high priority landscapes - Require8/8
-
Policy applies to all operations and financingSubset0.2/0.4
-
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 compliance3.4/5.6
-
Commitment detailsEncourage2/4
-
Policy applies to all operations and financingSubset0.2/0.4
-
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 Considerations0/22
-
Company must ensure Free, Prior and Informed Consent0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
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
-
-
-
-
Soy18/64
-
Commitment Strength18/42
-
Commodity-specific financing policy0/9.6
-
Commitment detailsNo0/8
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
Companies must be legally operated3.4/5.6
-
Commitment detailsOwn operations - Require2/4
-
Policy applies to all operations and financingSubset0.2/0.4
-
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 landscapes9.4/9.6
-
Commitment detailsAll high priority landscapes - Require8/8
-
Policy applies to all operations and financingSubset0.2/0.4
-
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 Considerations0/22
-
Company must ensure Free, Prior and Informed Consent0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
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 & Paper31/64
-
Commitment Strength31/42
-
Commodity-specific financing policy9.4/9.6
-
Commitment detailsYes8/8
-
Policy applies to all operations and financingSubset0.2/0.4
-
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 operated3.4/5.6
-
Commitment detailsOwn operations - Require2/4
-
Policy applies to all operations and financingSubset0.2/0.4
-
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 landscapes9.4/9.6
-
Commitment detailsAll high priority landscapes - Require8/8
-
Policy applies to all operations and financingSubset0.2/0.4
-
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 compliance3.4/5.6
-
Commitment detailsEncourage2/4
-
Policy applies to all operations and financingSubset0.2/0.4
-
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 Considerations0/22
-
Company must ensure Free, Prior and Informed Consent0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
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 & Implementation8/20
-
Policy is reviewed and updated3/5
-
Companies must disclose subsidiaries in commodity supply chains0/5
-
Monitoring and non-compliance process5/5
-
Reporting on implementation of the policy0/5
-
-
Commitment strength25/42
-
Social considerations0/22
Profile
United Overseas Bank (UOB) are banking group headquartered in Singapore serving both private and commercial customers. Their services include corporate finance, investment banking, capital markets, insurance, asset management, pensions, venture capital, and retail banking services. As of 2017, UOB’s total assets amount to more than 340 billion SGD, with more than 220 billion SGD of net customer loans. UOB are one of the top 60 lenders to Forest 500 companies, with more than 3 billion USD worth of loans to companies predominantly in the agriculture, agricultural commodities, food retail and animal feed 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.