Red Line | Text of policies | Comments | Score |
---|---|---|---|
Regulatory requirements | |||
Ensure Legality | CSR Principles Corporate Governance: Have integrity and uphold the law; protect the rights of all stakeholders. | The policy requires compliance with national laws, but does not mention respect for international conventions. | not |
No Corruption and Tax Evasion | Year Report 2018: (...) we have (...) drafted anti-corruption and fraud prevention policies (...) | Not covered in publicly available policies and documentation. The mentioned anti corruption policy could not be found online. | 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 | Annual Report 2018 - Committed to protecting human rights, the Bank supports and observes the UN Universal Declaration of Human Rights and other international human rights conventions. The O-Bank Co., Ltd. Human Rights Policy has been enacted with a view to putting an end to any conduct that infringes or violates human rights. At the same time, we strictly uphold the labor laws and regulations of the places where we conduct business; prohibit forced labor in any form, the use of child labor, and sexual harassment; refrain from discrimination; and provide employees with an equitable, safe, and healthy working environment. | The bank upholds international conventions on Human rights in its own operations, but does not mention which exactly, and it is not clear to what extend it requires the same from its clients. | partly |
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 | No publicly available policies or documentation were found that cover this criteria. | not | |
Corporate association / scope of the policy | |||
Corporate association / scope of the policy | Not covered in publicly available policies and documentation. | not |