China Development Bank

Red LineText of policiesCommentsScore
Regulatory requirements
Ensure LegalityCDB Culture Manual: CDB is committed to fulfilling its social responsibilities as part of its efforts to serve national strategies. It was the first Chinese financial institution to join the United Nations Global Compact (UNGC) and the United Nations Environment Programme Finance Initiative (UNEP FI).

Sustainability Report 2018: We comply with all applicabe human rights, laws and regulations in China and in regions where we operate, and maintain a 100% record in signing labour contracts with our staff; We comply with all international conventions entered into or recognized by the Chinese government and we honor the Universal Declarations of Human Rights, the International Convenant on Civil and Political Rights, the International Covenant on Economic, Social and Cultural Rights and other conventions and declarations.
The bank will comply with Chinese laws and regulations and rules, and claims to abide by local law and regulation in other countries. But it is not clear if it expects its clients to do the same. Furthermore, it is commited to respect international conventions that China has signed, but this excludse among others some of the ILO core conventions.partly
No Corruption and Tax EvasionSustainability report 2018: We make constant efforts to (...)exercise supervision over positions vulnerable to integrity risks, develop the system for punishment and preventions, reinforce anti-money laundering management and improve business operations in compliance with laws and regulations.The bank is commited to fight corruption in its own operations, but it is not clear to what extend this is requested from 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 RightsSustainability Report 2018: We comply with all applicabe human rights, laws and regulations in China and in regions where we operate, and maintain a 100% record in signing labour contracts with our staff; We comply with all international conventions entered into or recognized by the Chinese government and we honor the Universal Declarations of Human Rights, the International Convenant on Civil and Political Rights, the International Covenant on Economic, Social and Cultural Rights and other conventions and declarations; We prohibit all forms of forced labor, formulated CDB code of conduct of employees and compulation of laws and regulations for trad union's work on the rights and interests of female employees rights and interests.; We prohibit all forms of child labor within the bank and its supply chain. The bank is commited to respect human rights in its operations, but it is not clear to what extend it expects the same from its clients. China has not ratifid all the ILO core conventions.partly
Respect Indigenous rights and customary land use rightsSustainability Report 2018: We comply with all international conventions entered into or recognized by the Chinese government.Not covered in publicly available policies and documentation. (China has not signed conventions like ILO 169)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 pollutionSustainability Report 2018: We provide strong support to priority industries including clean and renewable energy (...) and environmental protection.No 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