| Red Line | Text of policies | Comments | Score |
|---|---|---|---|
| Regulatory requirements | |||
| Ensure Legality | Environmental Policy Comply with applicable environmental laws and regulations and voluntary standards and initiatives adopted by the Bank. | The policy requires compliance with national laws, but not with international conventions. | not |
| No Corruption and Tax Evasion | Anti-money laundering policy Customer Due Diligence (CDD): CDD is an essential tool to avoiding involvement in ML, TF or sanctionable activity. It includes Know Your Customer (KYC) processes and, when pertinent, application of Enhanced Due Diligence (EDD) measures. All account relationships with correspondent banks are subject to these processes and measures. | The policies apply to the bank's direct operations; they do not clearly cover requirement regarding a client's involvement in corruption or tax avoidance/evasion. | 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 | Human Rights Statement This Statement (...) consideration of certain international instruments such as the United Nations Universal Declaration of Human Rights, the International Covenant on Civil and Political Rights, the International Covenant on Economic, Social and Cultural Rights, and the International Labour Organization’s 1998 Declaration on Fundamental Principles and Rights at Work. (...) we consider whether customers’ practices and operations may have substantial negative impacts, including on aboriginal rights. (...) we reference (...) The Equator Principles (...) Our Commitment to Respect Human Rights as a Business Partner We are committed to respect human rights as a business partner. (...) we are committed to working with them in connection with their own efforts on this subject. As part of our efforts to fulfill our commitment to respect human rights as a business partner, we reference a wide variety of internal policies and governance documents which include, but are not limited to, the following: Code of Conduct Business Conduct: Vendor Relations policy The Supplier Code of Conduct | Though the policy is inspired on international conventions, there is no clear requirement for clients to comply with these (ILO, UN declaration of human rights etc). There is also no clear prohibition of the use of child or forced labour. | 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 | No publicly available policies or documentation were found that cover this criteria. | not |
