Red Line | Text of policies | Comments | Score |
---|---|---|---|
Regulatory requirements | |||
Ensure Legality | ABC CSR report 2018: 1.Establishing harmonious labor relations The Bank strictly abides by the Labor Contract Law. Strictly abiding by green credit standards, we actively developed innovative green finance solutions covering the whole industrial chain, endeavoring to make green finance a new business card for ABC and build a world-class green bank. | The bank requires compliance with national laws, but it does not specify which international conventions should be respected. | partly |
No Corruption and Tax Evasion | ABC CSR report 2018: 2. Creating a prevention and control system; 1. Anti-money laundering The Bank has always mapped the highest international standards and best practices in the same industry to thoroughly implement the risk-based anti-money laundering method | The bank has anti money laundering policies, but it has no public criteria that apply to corruption and tax evasion by its clients. | not |
Ensure ESIA for mills and plantations | No publicly available policies or documentation were found that cover this criteria. | not | |
Social requirements | |||
Ensure FPIC | No publicly available policies or documentation were found that cover this criteria. | not | |
Respect Human Rights | No publicly available policies or documentation were found that cover this criteria. | not | |
Respect Indigenous rights and customary land use rights | No publicly available policies or documentation were found that cover this criteria. | not | |
No forced resettlement | No publicly available policies or documentation were found that cover this criteria. | not | |
Environmental Requirements | |||
No forest degradation and deforestation | No publicly available policies or documentation were found that cover this criteria. | not | |
Protect endangered species | No publicly available policies or documentation were found that cover this criteria. | not | |
No high-risk species | No publicly available policies or documentation were found that cover this criteria. | not | |
No fire | No publicly available policies or documentation were found that cover this criteria. | not | |
Protect peat | No publicly available policies or documentation were found that cover this criteria. | not | |
No persistent pollution | ABC CSR 2018 report - The Bank will pursue Òserving supply-side structural reformÓ as our main task, and focus on the work to take tough steps to forestall and defuse major risks, carry out targeted poverty alleviation, and prevent and control pollution. | ABC is committed to prevent and control pollution, but it does not have policies in which it explains its criteria in more detail. | not |
Corporate association / scope of the policy | |||
Corporate association / scope of the policy | No publicly available policies or documentation were found that cover this criteria. | not |