Bank of East Asia

Red LineText of policiesCommentsScore
Regulatory requirements
Ensure LegalityEnvironmental policy
1.1.1 Comply with all relevant laws and regulations, such as environmental protection legislations in all locations where we operate.

Suppliers code of conduct
The SCoC aligns with the principles set forth in the UN Universal Declaration of Human Rights, and the foundational conventions of the ILO, and includes provisions for:
• compliance;
• prohibition of child and forced labour;
• working hours and conditions of employment;
• non-discrimination; and
• sound environmental and social impact
management practices.
The Environmental policy requires compliance with national laws but does not reference international conventions. The suppliers code of conduct does reference ILO and the UN Universal Declaration of Human Rights, but applies only to the banks suppliers, not to its customers.partly
No Corruption and Tax EvasionAML Policy
The BEA Group makes every effort to ensure that its operations are conducted with
integrity and in compliance with all applicable legal and regulatory requirements on
AML/CFT. The Group acts prudently in the conduct of customer relationships and not, knowingly or
deliberately, aid and abet tax evasion, or facilitate the laundering of the proceeds of tax
evasion, by the customers.

Anti Bribary and corruption statement
The Bank of East Asia, Limited (...) has zero tolerance for bribery and corruption. At BEA, all employees of the Bank are required to follow all applicable laws, rules, and regulations related to ant-bribery and corruption (...)
The bank has a strong policy on fighting internal corruption and tax evasion. However, the policies dont have specific requirements for its clients.partly
Ensure ESIA for mills and plantationsNo publicly available policies or documentation were found that cover this criteria.not
Social requirements
Ensure FPICNo publicly available policies or documentation were found that cover this criteria.not
Respect Human RightsSlavery and Human Trafficking Statement
BEA is committed to its environmental, social, and governance (“ESG”) responsibilities, and prohibits slavery and human trafficking in its business and supply chain.
The policy on slavery and human trafficking prohibits slavery and human trafficking in its business, but does not reference international conventions nor does it provide any specific requirements for its clients.
Not covered in publicly available policies and documentation.
partly
Respect Indigenous rights and customary land use rightsNo publicly available policies or documentation were found that cover this criteria.not
No forced resettlementNo publicly available policies or documentation were found that cover this criteria.not
Environmental Requirements
No forest degradation and deforestationNo publicly available policies or documentation were found that cover this criteria.not
Protect endangered speciesNo publicly available policies or documentation were found that cover this criteria.not
No high-risk speciesNo publicly available policies or documentation were found that cover this criteria.not
No fireNo publicly available policies or documentation were found that cover this criteria.not
Protect peatNo publicly available policies or documentation were found that cover this criteria.not
No persistent pollutionNo publicly available policies or documentation were found that cover this criteria.not
Corporate association / scope of the policy
Corporate association / scope of the policyNo publicly available policies or documentation were found that cover this criteria.not