Red Line | Text of policies | Comments | Score |
---|---|---|---|
Regulatory requirements | |||
Ensure Legality | CSR Report 2018: As a bank listed in Shanghai and Hong Kong, we placed a heavy focus on compliance with applicable laws, regulations and various regulatory requirements; CMB has consistently improved its green credit policies. | The bank is committed to comply with national laws and regulations in its own operations, but it does not reference international conventions. | partly |
No Corruption and Tax Evasion | CSR Report 2018: We strived to create an anticorruption atmosphere (...)prevent employees from breaking any laws or regulations (...). A corruption prevention system was constructed that includes day to day monitoring, special inspection, whistle blowing, integrity talks and written enquiries. | The bank is committed to fight coruption in its own operations, but it is not clear to what extend it requires the same from its clients. | not |
Ensure ESIA for mills and plantations | CSR Report 2018: GRI 412 -Operating sites that accept human rights reviews or impact assessments - no page nr. | No publicly available policies or documentation were found that cover this criteria. | not |
Social requirements | |||
Ensure FPIC | CSR Report 2018: GRI 413 -Operating sites with local community involvement, impact assessment and development plans - no page nr. | 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 | CSR report 2018: We strictly controlled the amount of new loans made to industries with high pollution or high energy consumption, pollution or high energy consumption. Related loans must meet our general loan granting requirements and national environmental protection standards regarding location, production processes, resource consumption and pollutant emission. | The bank is committed to fight pollution and mentions policies on this issue, but these policies could not be found online. | not |
Corporate association / scope of the policy | |||
Corporate association / scope of the policy | Third parties/sister/parent/subsidiary companies of the clients are not covered in the publicly available policies and documentation. | not |