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Select an assessment year:

  • Overall approach
    0/16
    • Overarching commitment on deforestation
      0/16
  • Commodity score
    10/64
    • Beef & Leather
      4/64
      • Commitment Strength
        4/42
        • Commodity-specific financing policy
          0/9.6
          • Commitment details
            No
            0/8
          • 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
            No
            0/0.4
        • Companies must be legally operated
          3.6/5.6
          • Commitment details
            Own operations - Require
            2/4
            Commitment details
            Own operations - Require
            2/4
            "We require our commercial clients to be in compliance with all state and local, national and international environmental laws and will verify adherence to such laws through certification or due diligence, as appropriate or where deemed necessary."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "We require our commercial clients to be in compliance with all state and local, national and international environmental laws and will verify adherence to such laws through certification or due diligence, as appropriate or where deemed necessary."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "We require our commercial clients to be in compliance with all state and local, national and international environmental laws and will verify adherence to such laws through certification or due diligence, as appropriate or where deemed necessary."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "We require our commercial clients to be in compliance with all state and local, national and international environmental laws and will verify adherence to such laws through certification or due diligence, as appropriate or where deemed necessary."
          • 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 require our commercial clients to be in compliance with all state and local, national and international environmental laws and will verify adherence to such laws through certification or due diligence, as appropriate or where deemed necessary."
        • Companies must protect priority forests or globally important landscapes
          0/9.6
          • Commitment details
            No
            0/8
          • 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
            No
            0/0.4
        • Assurance mechanism to ensure compliance
          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
            No
            0/0.4
        • Companies must have a grievance mechanism
          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
            No
            0/0.4
        • Commitments must be timebound
          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
            No
            0/0.4
      • Social Considerations
        0/22
        • Company must ensure Free, Prior and Informed Consent
          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
            No
            0/0.4
        • Company must respect labour rights
          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
            No
            0/0.4
        • Company must address gender equality issues
          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
            No
            0/0.4
        • 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
            No
            0/0.4
    • Palm oil
      4/64
      • Commitment Strength
        4/42
        • Commodity-specific financing policy
          0/9.6
          • Commitment details
            No
            0/8
            Commitment details
            No
            0/8
            Type of policy: No policy
          • 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
            No
            0/0.4
        • Companies must be legally operated
          3.6/5.6
          • Commitment details
            Own operations - Require
            2/4
            Commitment details
            Own operations - Require
            2/4
            "We require our commercial clients to be in compliance with all state and local, national and international environmental laws and will verify adherence to such laws through certification or due diligence, as appropriate or where deemed necessary."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "We require our commercial clients to be in compliance with all state and local, national and international environmental laws and will verify adherence to such laws through certification or due diligence, as appropriate or where deemed necessary."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "We require our commercial clients to be in compliance with all state and local, national and international environmental laws and will verify adherence to such laws through certification or due diligence, as appropriate or where deemed necessary."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "We require our commercial clients to be in compliance with all state and local, national and international environmental laws and will verify adherence to such laws through certification or due diligence, as appropriate or where deemed necessary."
          • 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 require our commercial clients to be in compliance with all state and local, national and international environmental laws and will verify adherence to such laws through certification or due diligence, as appropriate or where deemed necessary."
        • Companies must protect priority forests or globally important landscapes
          0/9.6
          • Commitment details
            No
            0/8
            Commitment details
            No
            0/8
          • 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
            0
            0/0.4
        • Assurance mechanism to ensure compliance
          0/5.6
          • Commitment details
            No
            0/4
            Commitment details
            No
            0/4
            Certification scheme (if applicable): FSC
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
             
          • Policy applies to all deals
            No
            0/0.4
            Policy applies to all deals
            No
            0/0.4
             
          • Policy applies to all companies
            No
            0/0.4
            Policy applies to all companies
            No
            0/0.4
             
          • Policy applies to all stages of the supply chain
            0
            0/0.4
            Policy applies to all stages of the supply chain
            0
            0/0.4
        • Companies must have a grievance mechanism
          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
            No
            0/0.4
        • Commitments must be timebound
          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
            No
            0/0.4
      • Social Considerations
        0/22
        • Company must ensure Free, Prior and Informed Consent
          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
            No
            0/0.4
        • Company must respect labour rights
          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
            No
            0/0.4
        • Company must address gender equality issues
          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
            No
            0/0.4
        • 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
            No
            0/0.4
    • Soy
      4/64
      • Commitment Strength
        4/42
        • Commodity-specific financing policy
          0/9.6
          • Commitment details
            No
            0/8
          • 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
            No
            0/0.4
        • Companies must be legally operated
          3.6/5.6
          • Commitment details
            Own operations - Require
            2/4
            Commitment details
            Own operations - Require
            2/4
            "We require our commercial clients to be in compliance with all state and local, national and international environmental laws and will verify adherence to such laws through certification or due diligence, as appropriate or where deemed necessary."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "We require our commercial clients to be in compliance with all state and local, national and international environmental laws and will verify adherence to such laws through certification or due diligence, as appropriate or where deemed necessary."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "We require our commercial clients to be in compliance with all state and local, national and international environmental laws and will verify adherence to such laws through certification or due diligence, as appropriate or where deemed necessary."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "We require our commercial clients to be in compliance with all state and local, national and international environmental laws and will verify adherence to such laws through certification or due diligence, as appropriate or where deemed necessary."
          • 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 require our commercial clients to be in compliance with all state and local, national and international environmental laws and will verify adherence to such laws through certification or due diligence, as appropriate or where deemed necessary."
        • Companies must protect priority forests or globally important landscapes
          0/9.6
          • Commitment details
            No
            0/8
          • 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
            No
            0/0.4
        • Assurance mechanism to ensure compliance
          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
            No
            0/0.4
        • Companies must have a grievance mechanism
          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
            No
            0/0.4
        • Commitments must be timebound
          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
            No
            0/0.4
      • Social Considerations
        0/22
        • Company must ensure Free, Prior and Informed Consent
          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
            No
            0/0.4
        • Company must respect labour rights
          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
            No
            0/0.4
        • Company must address gender equality issues
          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
            No
            0/0.4
        • 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
            No
            0/0.4
    • Timber, Pulp & Paper
      28/64
      • Commitment Strength
        28/42
        • Commodity-specific financing policy
          9.6/9.6
          • Commitment details
            Yes
            8/8
            Commitment details
            Yes
            8/8
            Type of policy: Reduce deforestation
            US Bancorp "are committed to partnering with customers who promote environmentally responsible sustainable forest practices". US Bancorp "expect all customers to apply adequate resources to assess and manage their environmental and social impacts and may encourage the adoption of a credible certification program, such as those established by the FSC or other credible program, which motivates best practices in sustainable forest management."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            US Bancorp "are committed to partnering with customers who promote environmentally responsible sustainable forest practices". US Bancorp "expect all customers to apply adequate resources to assess and manage their environmental and social impacts and may encourage the adoption of a credible certification program, such as those established by the FSC or other credible program, which motivates best practices in sustainable forest management."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            US Bancorp "are committed to partnering with customers who promote environmentally responsible sustainable forest practices". US Bancorp "expect all customers to apply adequate resources to assess and manage their environmental and social impacts and may encourage the adoption of a credible certification program, such as those established by the FSC or other credible program, which motivates best practices in sustainable forest management."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            US Bancorp "are committed to partnering with customers who promote environmentally responsible sustainable forest practices". US Bancorp "expect all customers to apply adequate resources to assess and manage their environmental and social impacts and may encourage the adoption of a credible certification program, such as those established by the FSC or other credible program, which motivates best practices in sustainable forest management."
          • 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
            US Bancorp "are committed to partnering with customers who promote environmentally responsible sustainable forest practices". US Bancorp "expect all customers to apply adequate resources to assess and manage their environmental and social impacts and may encourage the adoption of a credible certification program, such as those established by the FSC or other credible program, which motivates best practices in sustainable forest management."
        • Companies must be legally operated
          3.6/5.6
          • Commitment details
            Own operations - Require
            2/4
            Commitment details
            Own operations - Require
            2/4
            "We require our commercial clients to be in compliance with all state and local, national and international environmental laws and will verify adherence to such laws through certification or due diligence, as appropriate or where deemed necessary."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "We require our commercial clients to be in compliance with all state and local, national and international environmental laws and will verify adherence to such laws through certification or due diligence, as appropriate or where deemed necessary."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "We require our commercial clients to be in compliance with all state and local, national and international environmental laws and will verify adherence to such laws through certification or due diligence, as appropriate or where deemed necessary."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "We require our commercial clients to be in compliance with all state and local, national and international environmental laws and will verify adherence to such laws through certification or due diligence, as appropriate or where deemed necessary."
          • 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 require our commercial clients to be in compliance with all state and local, national and international environmental laws and will verify adherence to such laws through certification or due diligence, as appropriate or where deemed necessary."
        • Companies must protect priority forests or globally important landscapes
          5.3/9.6
          • Commitment details
            Primary/Intact/Natural/HCV/HCS - Encourage
            4/8
            Commitment details
            Primary/Intact/Natural/HCV/HCS - Encourage
            4/8
            They do allow companies to log in high conservation value areas, and "In such cases, we will require certification be provided that these operations are managed using standard sustainable forest management practices and that conservation values are not degraded."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            They do allow companies to log in high conservation value areas, and "In such cases, we will require certification be provided that these operations are managed using standard sustainable forest management practices and that conservation values are not degraded."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            They do allow companies to log in high conservation value areas, and "In such cases, we will require certification be provided that these operations are managed using standard sustainable forest management practices and that conservation values are not degraded."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            They do allow companies to log in high conservation value areas, and "In such cases, we will require certification be provided that these operations are managed using standard sustainable forest management practices and that conservation values are not degraded."
          • Policy applies to all stages of the supply chain
            Producers
            0.1/0.4
            Policy applies to all stages of the supply chain
            Producers
            0.1/0.4
            They do allow companies to log in high conservation value areas, and "In such cases, we will require certification be provided that these operations are managed using standard sustainable forest management practices and that conservation values are not degraded."
        • Assurance mechanism to ensure compliance
          5.6/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Certification scheme (if applicable): FSC
            Verification method: Certification Scheme
            "We expect all customers to apply adequate resources to assess and manage their environmental and social impacts and may encourage the adoption of a credible certification program, such as those established by the FSC orother credible program, which motivates best practices in sustainable forest management."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "We expect all customers to apply adequate resources to assess and manage their environmental and social impacts and may encourage the adoption of a credible certification program, such as those established by the FSC orother credible program, which motivates best practices in sustainable forest management."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "We expect all customers to apply adequate resources to assess and manage their environmental and social impacts and may encourage the adoption of a credible certification program, such as those established by the FSC orother credible program, which motivates best practices in sustainable forest management."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "We expect all customers to apply adequate resources to assess and manage their environmental and social impacts and may encourage the adoption of a credible certification program, such as those established by the FSC orother credible program, which motivates best practices in sustainable forest management."
          • 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 expect all customers to apply adequate resources to assess and manage their environmental and social impacts and may encourage the adoption of a credible certification program, such as those established by the FSC orother credible program, which motivates best practices in sustainable forest management."
        • Companies must have a grievance mechanism
          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
            No
            0/0.4
        • Commitments must be timebound
          3.6/5.6
          • Commitment details
            Encourage
            2/4
            Commitment details
            Encourage
            2/4
            Type of policy: Compliance is prerequisite for financing
            "We are committed to partnering with customers who promote environmentally responsible sustainable forest practices. We do this by implementing practices in the following areas to guide  our businesses that have a considerable impact on the world’s forests:  • Illegal Logging – We prohibit relationships with customers who participate in any illegal  activities. More specifically, we will not knowingly enter into a relationship with any customer  who participates in illegal logging activities, including those who collude with, or knowingly purchase timber from illegal logging operations. Likewise, we do not enter into relationships with logging companies that do not have an explicit policy prohibiting uncontrolled fire as part  of their forestry practices. • High Conservation Values and Sensitive Habitats – We may enter into relationships with customers involved in logging, light sustainable harvests or other extractive operations in large  intact forests or primary forests that hold high conservation values. In such cases, we will  require certification be provided that these operations are managed using standard sustainable forest management practices and that conservation values are not degraded. Although we do not currently finance any international logging operations, we do not condone, nor will we enter any relationship with a customer who participates in logging in No-Go Zones, Temperate or Boreal Regions without appropriate due diligence or certification."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "We are committed to partnering with customers who promote environmentally responsible sustainable forest practices. We do this by implementing practices in the following areas to guide  our businesses that have a considerable impact on the world’s forests:  • Illegal Logging – We prohibit relationships with customers who participate in any illegal  activities. More specifically, we will not knowingly enter into a relationship with any customer  who participates in illegal logging activities, including those who collude with, or knowingly purchase timber from illegal logging operations. Likewise, we do not enter into relationships with logging companies that do not have an explicit policy prohibiting uncontrolled fire as part  of their forestry practices. • High Conservation Values and Sensitive Habitats – We may enter into relationships with customers involved in logging, light sustainable harvests or other extractive operations in large  intact forests or primary forests that hold high conservation values. In such cases, we will  require certification be provided that these operations are managed using standard sustainable forest management practices and that conservation values are not degraded. Although we do not currently finance any international logging operations, we do not condone, nor will we enter any relationship with a customer who participates in logging in No-Go Zones, Temperate or Boreal Regions without appropriate due diligence or certification."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "We are committed to partnering with customers who promote environmentally responsible sustainable forest practices. We do this by implementing practices in the following areas to guide  our businesses that have a considerable impact on the world’s forests:  • Illegal Logging – We prohibit relationships with customers who participate in any illegal  activities. More specifically, we will not knowingly enter into a relationship with any customer  who participates in illegal logging activities, including those who collude with, or knowingly purchase timber from illegal logging operations. Likewise, we do not enter into relationships with logging companies that do not have an explicit policy prohibiting uncontrolled fire as part  of their forestry practices. • High Conservation Values and Sensitive Habitats – We may enter into relationships with customers involved in logging, light sustainable harvests or other extractive operations in large  intact forests or primary forests that hold high conservation values. In such cases, we will  require certification be provided that these operations are managed using standard sustainable forest management practices and that conservation values are not degraded. Although we do not currently finance any international logging operations, we do not condone, nor will we enter any relationship with a customer who participates in logging in No-Go Zones, Temperate or Boreal Regions without appropriate due diligence or certification."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "We are committed to partnering with customers who promote environmentally responsible sustainable forest practices. We do this by implementing practices in the following areas to guide  our businesses that have a considerable impact on the world’s forests:  • Illegal Logging – We prohibit relationships with customers who participate in any illegal  activities. More specifically, we will not knowingly enter into a relationship with any customer  who participates in illegal logging activities, including those who collude with, or knowingly purchase timber from illegal logging operations. Likewise, we do not enter into relationships with logging companies that do not have an explicit policy prohibiting uncontrolled fire as part  of their forestry practices. • High Conservation Values and Sensitive Habitats – We may enter into relationships with customers involved in logging, light sustainable harvests or other extractive operations in large  intact forests or primary forests that hold high conservation values. In such cases, we will  require certification be provided that these operations are managed using standard sustainable forest management practices and that conservation values are not degraded. Although we do not currently finance any international logging operations, we do not condone, nor will we enter any relationship with a customer who participates in logging in No-Go Zones, Temperate or Boreal Regions without appropriate due diligence or certification."
          • 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 are committed to partnering with customers who promote environmentally responsible sustainable forest practices. We do this by implementing practices in the following areas to guide  our businesses that have a considerable impact on the world’s forests:  • Illegal Logging – We prohibit relationships with customers who participate in any illegal  activities. More specifically, we will not knowingly enter into a relationship with any customer  who participates in illegal logging activities, including those who collude with, or knowingly purchase timber from illegal logging operations. Likewise, we do not enter into relationships with logging companies that do not have an explicit policy prohibiting uncontrolled fire as part  of their forestry practices. • High Conservation Values and Sensitive Habitats – We may enter into relationships with customers involved in logging, light sustainable harvests or other extractive operations in large  intact forests or primary forests that hold high conservation values. In such cases, we will  require certification be provided that these operations are managed using standard sustainable forest management practices and that conservation values are not degraded. Although we do not currently finance any international logging operations, we do not condone, nor will we enter any relationship with a customer who participates in logging in No-Go Zones, Temperate or Boreal Regions without appropriate due diligence or certification."
      • Social Considerations
        0/22
        • Company must ensure Free, Prior and Informed Consent
          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
            No
            0/0.4
        • Company must respect labour rights
          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
            No
            0/0.4
        • Company must address gender equality issues
          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
            No
            0/0.4
        • 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
            No
            0/0.4
  • Reporting & Implementation
    10/20
    • Policy is reviewed and updated
      5/5
      Policy review
      Commit to update policy - Annually or more frequent
      5/5
      "We review our practices and our Environmental Responsibility Policy on a quarterly basis, looking for additional opportunities to enhance our commitment and continue making a positive impact on the environment around us."
    • Companies must disclose subsidiaries in commodity supply chains
      0/5
    • Monitoring and non-compliance process
      5/5
      Monitoring compliance
      Yes - Screening and monitoring process
      5/5
      US Bancorp "want to confirm that a firm’s policies and processes are sound and effective as they relate to the environment and the community in which it operates. This additional due diligence focuses, in part, on: Past and present environmental compliance with laws and regulations, Internal framework related to environmental risk management, Potential impact on dependent communities and indigenous people. Industries or sectors include, but are not limited to:...Forestry... This due diligence applies to all prospective customers and periodic reviews of existing customer relationships meeting business line specific threshold limits enterprise-wide."
    • Reporting on implementation of the policy
      0/5
  • Commitment strength
    10/42
    Avg. score
  • Social considerations
    0/22
    Avg. score

Profile

US Bancorp are a bank and asset management company, headquartered in the US serving private, corporate and institutional clients. Their services include: commercial banking, investment banking, asset management, mortgage, and trust and payment services. As of 2017, their total assets amount to over 450 billion USD with 270 billion USD worth of loans. Unicredit SPA are among the top 30 lenders to Forest 500 companies, with loans amounting to more than 11 billion USD across a broad range of forest risk sectors . They are also an important shareholder in Forest 500 companies, ranking among the top 150, with shares worth more than 2.9 billion USD.  

HQ
HQ 
United States
Financial institution type
Financial institution type 
Asset management, Bank

How we assess the Forest 500

Investors and lenders need to adopt and implement strong deforestation policies that ensure their investments are not funding the destruction of forests.

All assessments use policies published on financial institution websites, some links may have changed or been removed since the time of assessment.

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.