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["Submission_Status","1.0 RSPO Member Particulars - Member Name","1.0 RSPO Member Particulars - Membership Number","1.0 RSPO Member Particulars - Membership Sector","1.0 RSPO Member Particulars - Membership Category","1.0 RSPO Member Particulars - Country","2.0 Does your company or organisation produce, process, consume, sell, trade or distribute any palm oil or any products containing palm oil?","2.1 Please select all sectors that best describe the business activities of your company or organisation, including your primary RSPO membership sector. \n\nFor Environmental/Conservation NGO and Social/Development NGO RSPO members that consume or retail palm oil or products containing palm oil, you will be required to answer the relevant supply chain sector ACOP form that must include the volumes of palm oil or products containing palm oil consumed or retailed under your organisation's own brands.\n \n\nYou may select multiple sectors, and will be required to complete the ACOP form for all relevant sectors ‚ç∞","BI.1.1 Please state your company's main activity(ies) within palm oil-related financing. Please select all applicable option(s). - Selected Choice","BI.1.1 Please state your company's main activity(ies) within palm oil-related financing. Please select all applicable option(s). - Other: - Text","BI.2.1 What types of financial services does your company provide to the palm oil industry? - Selected Choice","BI.2.1 What types of financial services does your company provide to the palm oil industry? - Other : - Text","BI.2.2 For your\n  company's palm oil-related activities, which geographic region(s) do you\n  operate in?","BI.3.1 Does\n  your company have a lending or investment policy on palm oil?","BI.3.2 Which\n  supply chain sectors does your palm\n  oil policy cover? - Selected Choice","BI.3.2 Which\n  supply chain sectors does your palm\n  oil policy cover? - Others - Text","BI.3.3 Does\n  your policy on palm oil make a specific reference to RSPO-certified\n  sustainable palm oil and oil palm products, and/or RSPO certification?","BI.3.4 Does your company have a policy that requires all your palm oil clients to be RSPO members? ‚ç∞","BI.3.5 Does your company require your clients to have a public TimeBound Plan for 100% RSPO certification or uptake? ‚ç∞","BI.3.6 When do you expect to require all your Grower clients to be RSPO certified? ‚ç∞","BI.3.7 When do you expect to require your clients in all other sectors to be RSPO certified? ‚ç∞","BI.3.8 Which regions do the above commitments cover?","BI.3.9 What measures do you take if a client is not meeting the requirements of your policy on palm oil?","BI.3.10 Do you proactively engage with your clients to support and join the RSPO?","BI.3.11 Did members of your company participate in RSPO working groups and/or taskforces during the reporting period? ‚ç∞","BI.3.12 Does your company have any collaborations with public or private sector palm oil industry players to support them in their efforts to increase the production or consumption of certified sustainable palm oil (CSPO)? ‚ç∞","BI.3.13 What other activities have your company undertaken to promote RSPO-certified sustainable palm oil and oil palm products during the reporting period? ‚ç∞","BI.4.1 Please outline activities that your company will take in the coming year to promote the production or consumption of certified sustainable palm oil (CSPO) ‚ç∞","BI.5.1 Does your company have a publicly-available policy covering Labour & Labour Rights? ‚ç∞","BI.5.1.1 Does the policy cover:","BI.5.1.2 Has your company previously uploaded or linked its Labour & Labour Rights policy in previous ACOP reporting cycles?","BI.5.2 Does your company have a publicly-available Policy covering Ethical Conduct & Human Rights? ‚ç∞","BI.5.2.1 Does the policy cover:","BI.5.2.2 Has your company previously uploaded or linked its Ethical Conduct & Human Rights policy in previous ACOP reporting cycles?","BI.5.3 Does your company have a publicly-available Policy covering Land Use? ‚ç∞","BI.5.3.1 Does the policy cover:","BI.5.3.2 Has your company previously uploaded or linked its Land Use policy in previous ACOP reporting cycles?","BI.5.4 Does your company have a publicly-available Policy covering Occupational Health & Safety? ‚ç∞","BI.5.4.1 Has your company previously uploaded or linked its Occupational Health & Safety policy in previous ACOP reporting cycles?","BI.5.5 Does your company have a publicly-available Policy covering Climate Change & Greenhouse Gas (GHG)? ‚ç∞","BI.5.5.1 Does the policy cover:","BI.5.5.2 Has your company previously uploaded or linked its Climate Change & Greenhouse Gas policy or report in previous ACOP reporting cycles?","BI.5.6 Does your company have a Complaints & Grievances Mechanism? ‚ç∞","BI.5.6.1 Is your Complaints & Grievances mechanism in line with the RSPO's grievance mechanism? For details of the RSPO's grievance mechanism, please go to https://askrspo.force.com/Complaint/s/","BI.5.7 Does your company support oil palm independent smallholder groups? ‚ç∞","BI.5.7.1 Does this support cover:","BI.5.7.2 How is your company supporting them?","BI.5.7.3 Do you have any future plans to support oil palm Independent Smallholders?","BI.5.7.4 Please explain why you are not planning to support oil palm independent smallholders","BI.6.1 What significant obstacles or challenges has your company encountered in the promotion of certified sustainable palm oil (CSPO)? What efforts has your company taken to address these obstacles or challenges? - Selected Choice","BI.6.1 What significant obstacles or challenges has your company encountered in the promotion of certified sustainable palm oil (CSPO)? What efforts has your company taken to address these obstacles or challenges? - Others - Text","BI.6.2 In addition to the actions already reported in this ACOP report, what other ways has your company supported the vision of the RSPO to transform markets to make sustainable palm oil the norm? ‚ç∞ - Selected Choice","BI.6.2 In addition to the actions already reported in this ACOP report, what other ways has your company supported the vision of the RSPO to transform markets to make sustainable palm oil the norm? ‚ç∞ - Others - Text","BI.6.3 If your company has any other publicly-available reports or information regarding its palm oil-related policies and activities, please provide the links here ‚ç∞"]
[null,"HSBC Holdings Plc","5-0009-04-000-00","Banks and Investors","Ordinary","United Kingdom","No","Bank and/or Investor","Corporate / Commercial Banking  ‚ç∞,Trade Finance ‚ç∞,Debt / Capital Market ‚ç∞",null,"Trade Solutions ‚ç∞,Lending/Loans ‚ç∞,Treasury Products ‚ç∞,Cash Management Products ‚ç∞,Investments ‚ç∞,Other :","Debt & Equity Capital Market","Worldwide ‚ç∞","Yes","Growers ‚ç∞,Traders ‚ç∞,Processors ‚ç∞",null,"Yes","Yes","Yes",2018,"N/A","Worldwide ‚ç∞","HSBC has a policy requirement for our existing customers where we provide direct financial services to have all current existing (and certifiable) operations 100% certified. If a customer is not meeting our policy, HSBC will engage with them to take actions to ensure they can achieve compliance within an agreed time period. Failure to meet the agreed timebound plans to achieve certification and compliance with our policy, or expulsion or resignation from the RSPO, would lead to HSBC exiting from a specific client relationship when contractually possible.","Yes","Yes","Yes","HSBC is a member of both the India and China Sustainable Palm Oil Initiatives to advance RSPO and certification in these countries and increase update of CSPO.","Continued engagement through the China and India palm oil alliances. Continued engagement with clients and prospect clients in the sector to pursue certification and encourage CSPO uptake.\nProgrammes with NGO partners to advance sustainable palm oil developments for\nsmallholders and support of jurisdiction approach.\n","Yes","No discrimination ‚ç∞,Wage and working conditions ‚ç∞,Freedom of association ‚ç∞,No child labour ‚ç∞,No harassment ‚ç∞,No forced or trafficked labour ‚ç∞","No","Yes","Recruitment ‚ç∞,Contractors ‚ç∞,Sub-Contractors & Third-Party Contractors ‚ç∞","No","No",null,null,"Yes","No","Yes","Identification and assessment of GHG ‚ç∞,Public reporting of GHG footprint ‚ç∞,Monitored implementation plan to reduce or minimise GHG emissions ‚ç∞","Yes","Yes","Yes","Yes","Improved Smallholder livelihoods ‚ç∞","HSBC works with NGO partners on projects supporting smallholders and jurisdictional approaches. \nHSBC also works with our palm oil sector clients, who have smallholder projects and or supply chain projects to advance smallholder market access and/or certification.",null,null,"Human rights issues,Insufficient demand for RSPO-certified palm oil",null,"Engagement with business partners or consumers on the use of CSPO,Promotion of CSPO outside of RSPO venues such as trade workshops or industry associations,Providing funding or support for CSPO development efforts,Stakeholder engagement",null,"https://www.about.hsbc.com.hk/-/media/hong-kong/en/hsbc-in-hong-kong/our-esg-update/200218-esg-update-2019.pdf"]
[null,"Standard Chartered Bank","5-0004-06-000-00","Banks and Investors","Ordinary","United Kingdom","No","Bank and/or Investor","Corporate / Commercial Banking  ‚ç∞,Trade Finance ‚ç∞,Private Banking ‚ç∞,Investment / Equity ‚ç∞,Debt / Capital Market ‚ç∞",null,"Trade Solutions ‚ç∞,Lending/Loans ‚ç∞,Cash Management Products ‚ç∞",null,"Africa ‚ç∞,China,India,Indonesia,Malaysia,Oceania ‚ç∞,Rest of Asia ‚ç∞","Yes","Growers ‚ç∞,Traders ‚ç∞,Processors ‚ç∞,Consumer Goods Manufacturers ‚ç∞",null,"Yes","Yes","Yes",2023,2023,"Worldwide ‚ç∞","Client progress towards 100% certification is reviewed on an annual basis. If the client has not progressed sufficiently with their timebound plan, they will be asked to explain the reasons for this and to provide more regular updates on progress going forward. \n\nIf a client has not met the other requirements of the policy and they are unwilling or unable to work towards compliance, they may be put on an exit strategy. ","Yes","Yes","Yes","We are regularly asked to speak on panels or attend events on sustainability and take the opportunity whenever possible to talk about our work with RSPO and the importance of creating sustainable commodity supply chains.","We do not have any specific activities planned at this stage, however we will continue to take any opportunity to discuss the importance of CSPO uptake. ","Yes","No discrimination ‚ç∞,Wage and working conditions ‚ç∞,Freedom of association ‚ç∞,No child labour ‚ç∞,No harassment ‚ç∞,No forced or trafficked labour ‚ç∞","Yes","Yes","Recruitment ‚ç∞,Contractors ‚ç∞,Sub-Contractors & Third-Party Contractors ‚ç∞","Yes","Yes","Free Prior and Informed Consent (FPIC) ‚ç∞","Yes","Yes","Yes","Yes","Identification and assessment of GHG ‚ç∞,Public reporting of GHG footprint ‚ç∞,Monitored implementation plan to reduce or minimise GHG emissions ‚ç∞","No","Yes","Yes","No",null,null,"No","We are not able to provide financing direct to independent smallholders, however our newly established Sustainable Finance division is looking at how we could be involved in more supply chain financing which could potentially include small holders in palm oil. ","Competition with non-RSPO members,High costs in achieving or adhering to certification,Insufficient demand for RSPO-certified palm oil,Others","The answers given above are often given to us by clients who aren't RSPO members and are unable/unwilling to meet our requirement for financing, which is membership and certification by RSPO. ","Promotion of CSPO outside of RSPO venues such as trade workshops or industry associations,Stakeholder engagement"]
[null,"Co√∂peratieve Rabobank U.A.","5-0001-04-000-00","Banks and Investors","Ordinary","Netherlands","No","Bank and/or Investor","Corporate / Commercial Banking  ‚ç∞,Trade Finance ‚ç∞,Private Banking ‚ç∞,Investment / Equity ‚ç∞,Debt / Capital Market ‚ç∞",null,"Trade Solutions ‚ç∞,Lending/Loans ‚ç∞,Leasing ‚ç∞,Treasury Products ‚ç∞,Cash Management Products ‚ç∞",null,"Worldwide ‚ç∞","Yes","Growers ‚ç∞,Traders ‚ç∞,Processors ‚ç∞,Consumer Goods Manufacturers ‚ç∞,Retailers ‚ç∞",null,"Yes","Yes","Yes",2025,2025,"Worldwide ‚ç∞","As part of our client onboarding requirements, clients involved in palm oil sector will need to comply with our internal palm oil policy.  In the event a client subsequently violates our policy, the case will be referred to our \"engagement\" team within our sustainability unit who will work closely with client as well as our internal client relationship teams, to try to be a liaison and assist our clients to resolve the issues in an amicable way.  If the discussions do not result in a desired and acceptable sustainable outcome, we will consider exiting the client","Yes","Yes","Yes","In 2019, Rabobank had engaged with FIs in the S-East Asia region (specifically Indonesia and Malaysia) to raise awareness of the palm oil 'leakage' issues, to assist regional banks on how they can identify these players and to encourage them to cease providing financing to the supply chain.","In the coming year, Rabobank is working on an initiative where various 'actors' (processor / trader, NGO, FIs, consumer goods manufacturer) on the palm supply chain are approached to seek commitment.  These actors will commit to contribute towards a sustainability fund.  The fund will be administered by a social NGO and will be deployed to activities that can ensure that sustainable planting and sourcing can be achieved.","Yes","No discrimination ‚ç∞,Wage and working conditions ‚ç∞,Freedom of association ‚ç∞,No harassment ‚ç∞,No forced or trafficked labour ‚ç∞","Yes","Yes","Recruitment ‚ç∞,Contractors ‚ç∞,Sub-Contractors & Third-Party Contractors ‚ç∞","Yes","Yes","Free Prior and Informed Consent (FPIC) ‚ç∞,Compensation ‚ç∞","Yes","Yes","Yes","Yes","Identification and assessment of GHG ‚ç∞,Public reporting of GHG footprint ‚ç∞","Yes","Yes","No","Yes","Improved Smallholder livelihoods ‚ç∞","Rabobank has an impact financing team where this team looks at projects that can provide an impact to enhancing sustainability.  The team works closely with our clients who are the bigger processors / end users, in helping them secure sustainable sourcing eg. financing of smallerholder suppliers etc.  \n\nRabobank has also established an independent fund (Agri3 Fund) specifically for assisting smallholders and/or providing impact towards a more sustainable direction.",null,null,"Awareness of RSPO in the market,Difficulties in the certification process,High costs in achieving or adhering to certification,Human rights issues,Insufficient demand for RSPO-certified palm oil",null,"Engagement with business partners or consumers on the use of CSPO,Engagement with government agencies,Stakeholder engagement",null,"."]
[null,"UBS AG","5-0014-11-000-00","Banks and Investors","Ordinary","Switzerland","No","Bank and/or Investor","Corporate / Commercial Banking  ‚ç∞,Trade Finance ‚ç∞,Private Banking ‚ç∞,Investment / Equity ‚ç∞,Debt / Capital Market ‚ç∞",null,"Trade Solutions ‚ç∞,Lending/Loans ‚ç∞,Investments ‚ç∞",null,"Worldwide ‚ç∞","Yes","Growers ‚ç∞,Traders ‚ç∞,Processors ‚ç∞",null,"Yes","Yes","Yes",2020,2030,"Worldwide ‚ç∞","We will only work with clients who are RSPO members. In case a new client is not meeting\nour requirements, we engage with them to understand their willingness, capacity and\nresources to become RSPO members (if not already) with a credible plan for full certification. If the client is committed to obtaining full RSPO certification, we would then\nincorporate relevant contract clauses and corrective action plan in loan documentation and\ncontractual agreements. If the client does not show willingness or is unable to comply with\nour requirements we will not enter the relationship.","Yes","Yes","No","Member of RSPO's Financial Institutions Task Force to increase engagement with\nfinancial institutions (non-members) & attract more members from the Financial Institutions\ncommunity - Member of the RSPO's Complaints Panel - Continuous work with and on the\nBanking Environment Initiative's and the Consumer Goods Forum's 'Soft Commodities'\nCompact. The Compact clearly references the RSPO as the relevant certification scheme in\nthe palm oil industry to support the goal of 'zero net deforestation' by 2020 - UBS applies a\nrequirement for palm oil companies to be committed to 'No Deforestation, No Peat and No\nExploitation' (NDPE), which is increasingly being adopted in the palm oil sector","'-Encourage regional banks in palm oil producing countries to join RSPO; -Further\nstrengthen our engagement with RSPO and peers; and -Foster exchange with other\nFinancial Institutions and corporations on palm oil topic","Yes","No discrimination ‚ç∞,Wage and working conditions ‚ç∞,Freedom of association ‚ç∞,No child labour ‚ç∞,No harassment ‚ç∞,No forced or trafficked labour ‚ç∞","Yes","Yes","Recruitment ‚ç∞,Contractors ‚ç∞,Sub-Contractors & Third-Party Contractors ‚ç∞","Yes","Yes","Free Prior and Informed Consent (FPIC) ‚ç∞","Yes","Yes","No","Yes","Identification and assessment of GHG ‚ç∞,Public reporting of GHG footprint ‚ç∞,Monitored implementation plan to reduce or minimise GHG emissions ‚ç∞","No","Yes","No","No",null,null,"No","Given our client base we will only work with RSPO members","Others","'- UBS may be losing business to banks that do not have similarly stringent RSPO requirements \n- Availability of reliable data on companies' overall sustainability performance/ compliance with RSPO efforts.","Others","As outlined above UBS will continue to apply an environmental & social risk framework to all transactions, products, services and activities in order to identify and assess potential environmental and social issues and to manage any identified risks. As part of this process, UBS will engage with clients and suppliers in order to understand their processes and policies and to explore how environmental and social risks may be mitigated. UBS is involved in initiatives to promote sustainable palm oil including: - Working on the implementation of the BEI/CGF 'Soft Commodities Compact',  and - Regular engagement with global peer banks through the RSPO Financial Institution Task Force group.\n","ESR Policy Framework \nhttps://www.ubs.com/global/en/ubs-society/our-documents/_jcr_content/mainpar/toplevelgrid/col1/tabteaser/innergrid_1976054452/xcol3/teaser/linklist/link_731997085.0396920782.file/bGluay9wYXRoPS9jb250ZW50L2RhbS91YnMvZ2xvYmFsL3Vicy1zb2NpZXR5L2Vzci1mcmFtZXdvcmstMjAxOS1lbi5wZGY=/esr-framework-2019-en.pdf"]
[null,"Commerzbank AG","5-0017-14-000-00","Banks and Investors","Ordinary","Germany","No","Bank and/or Investor","Corporate / Commercial Banking  ‚ç∞,Trade Finance ‚ç∞,Debt / Capital Market ‚ç∞",null,"Trade Solutions ‚ç∞,Lending/Loans ‚ç∞",null,"Indonesia,Malaysia,Rest of Asia ‚ç∞","Yes","Growers ‚ç∞,Traders ‚ç∞,Processors ‚ç∞",null,"Yes","Yes","Yes",2020,2020,"Worldwide ‚ç∞","Palm oil suppliers which are accompanied by Commerzbank have to meet the following criteria:\n1. The supplier has to be a member of the RSPO.\n2. Additional information on how the palm oil supplier is already implementing sustainability criteria in its supply chain and what goals the company in this respect wants to achieve (e.g. certification) is also required.\n3. The Reputational Risk Management department conducts an individual ESG-assessment.","Yes","No","Yes","Commerzbank collaborated on various activities (e.g. panel discussions) and articles concerning sustainable trade and procurement.","We continue to apply our criteria and the RSPO certification schemes as the minimum acceptable standards for our clients.\n\nWe participate in the Financial Institutions Task Force, placed under the umbrella of RSPO. By doing so, we intend to contribute to a sustainable development of the palm oil sector as well as to have a positive impact on the support of sustainable production.\n\nAs a member of the RSPO we commit, among others, to more transparency, long-term orientated economic activities and responsible dealing with the environment, natural resources as well as affected individuals and communities in the palm oil market","Yes","No discrimination ‚ç∞,Wage and working conditions ‚ç∞,Freedom of association ‚ç∞,No child labour ‚ç∞,No harassment ‚ç∞,No forced or trafficked labour ‚ç∞","Yes","Yes","Recruitment ‚ç∞,Contractors ‚ç∞","Yes","No",null,null,"Yes","Yes","Yes","Identification and assessment of GHG ‚ç∞,Public reporting of GHG footprint ‚ç∞,Monitored implementation plan to reduce or minimise GHG emissions ‚ç∞","No","Yes","Yes","No",null,null,"No","Because we as a bank are engaged in financial services and do not produce or trade palm oil ourselves nor do we offer banking products to small business clients in the relevant countries, as they are not part of our target client spectrum.","Reputation of palm oil in the market,Reputation of RSPO in the market",null,"Engagement with business partners or consumers on the use of CSPO,Promotion of CSPO outside of RSPO venues such as trade workshops or industry associations,Stakeholder engagement,Others","We continue to apply our criteria and the RSPO certification schemes as the minimum acceptable standards for our clients. We also continue to sensitize both internal and external stakeholders in respect to sustainable palm oil, e. g. via workshops, panel discussions and presentations. \n\nWe participate in the Financial Institutions Task Force, placed under the umbrella of RSPO. By doing so we intend to contribute to a sustainable development of the palm oil sector as well as to have a positive impact on the support of sustainable production.\n\nAs a member of the RSPO we commit, among others, to more transparency, long-term orientated economic activities and responsible dealing with the environment, natural resources as well as affected individuals and communities in the palm oil market","https://www.commerzbank.de/media/nachhaltigkeit/ii__positionen___richtlinien_/Commerzbank_ES_Framework_EN_Final.PDF"]
[null,"BNP Paribas","5-0013-11-000-00","Banks and Investors","Ordinary","France","No","Bank and/or Investor","Corporate / Commercial Banking  ‚ç∞,Trade Finance ‚ç∞,Private Banking ‚ç∞,Investment / Equity ‚ç∞,Debt / Capital Market ‚ç∞",null,"Trade Solutions ‚ç∞,Lending/Loans ‚ç∞,Treasury Products ‚ç∞,Cash Management Products ‚ç∞,Investments ‚ç∞",null,"Africa ‚ç∞,South America ‚ç∞,India,Indonesia,Malaysia","Yes","Growers ‚ç∞,Traders ‚ç∞,Processors ‚ç∞",null,"Yes","Yes","Yes",2025,2025,"Africa ‚ç∞,South America ‚ç∞,India,Indonesia,Malaysia","If a client does not meet the requirements of our policy on palm oil, we initiate a dialogue to ensure that improvements can be made, to achieve compliance with our policy within an acceptable time-frame. If the client does not comply with our policy and does not show willingness to improve its practices, we will refuse investing or providing financial products or services, and gradually exit the relationship. ","Yes","Yes","No","We have continued to ensure that the criteria related to non-deforestation in our sectoral policy and supported the collaboration between RSPO and HCSA were effectively implemented. BNP Paribas requires that Upstream Palm Oil Companies (plantations and mills):\n- Be RSPO members (or have a time-bound plan to become RSPO members);\n- Have published an up-to-date communication on progress;\n- Have a time-bound plan for full RSPO certification of their operations. BNP Paribas will assess whether Upstream Palm Oil Companies (plantations and mills) have a time-bound plan for full RSPO certification of their fresh fruit bunches supply base (or similar verification mechanism for smallholders).\n- Have a policy in place to conduct High Carbon Stock (HCS) assessments before developing new oil palm plantations, and to protect the HCS forests identified within their concessions.\nBNP Paribas requires that Downstream Palm Oil Companies (i.e. refiners and traders):\n- Be RSPO members (or have a time-bound plan to become RSPO members);\n- Have published an up-to-date communication on progress;\n- Have a time-bound plan to achieve full RSPO certification of their operations. BNP Paribas will assess whether Downstream Palm Oil Companies (i.e. refiners and traders) have a time-bound plan to trade and/or process only RSPO-certified palm oil.\n","As mentioned above, our CSR policy regarding our financing and investing activities in the palm oil sector has been reinforced take into account recent developments and commitments taken by major players. On that basis, we continue to strengthen the dialogue with our clients regarding their CSR performance, including the promotion of CSPO as explained above. This update contributes to our commitment made within the Soft Commodities Compact to finance the growth in the markets for palm oil, wood products, soya and beef, without causing net deforestation. Above their own due diligence processes, the signatory banks ensure that their customers also implement suitable internationally-recognized monitoring means, such as RSPO in the palm oil sector.","Yes","No discrimination ‚ç∞,Wage and working conditions ‚ç∞,Freedom of association ‚ç∞,No child labour ‚ç∞,No harassment ‚ç∞,No forced or trafficked labour ‚ç∞","Yes","Yes","Recruitment ‚ç∞,Contractors ‚ç∞,Sub-Contractors & Third-Party Contractors ‚ç∞","Yes","Yes","Free Prior and Informed Consent (FPIC) ‚ç∞,Compensation ‚ç∞","Yes","Yes","Yes","Yes","Identification and assessment of GHG ‚ç∞,Public reporting of GHG footprint ‚ç∞,Monitored implementation plan to reduce or minimise GHG emissions ‚ç∞","Yes","Yes","No","No",null,null,"No","BNP Paribas has indirect relationships with oil palm independent smallholders: the main clients of the Bank are big producers or traders. Smallholders are out of our direct sphere of influence.\nNevertheless, we have successfully accompanyed some of our big clients to make their supply chain of other commodities more sustainable like in Indonesia with the rubber industry (see weblink about TLFF, https://cib.bnpparibas.com/sustain/impact-banking-tlff-a-rubber-revolution-takes-shape-in-indonesia_a-3-2429.html). It is something we could replicate to others commodities like the oil palm depending of our clients will.","Others","1) Economic obstacle: RSPO seems to be in an in-between situation: on one hand, many very important markets do not pay particular importance to environmental labels such as RSPO and growers find strong difficulties in passing-through certification costs when addressing these markets. On the other hand, many Consumer Goods Manufacturers in the European and American markets ask now their providers to comply with environmental standards which go beyond RSPO requirements, such as HCS protection and no deforestation commitment, generally embedded in a No Deforestation, No Peat, No Exploitation policy. \nAddressing these two issues appears to be crucial for RSPO and a necessary preamble to any effort from the financial sector to promote CSPO among its clients.\n\n2) Another important difficulty is, while assessing the ESG performance, to know precisely what the real practices of the company on the ground are. Many different statements and points of view may arise during investigation or audit and we need to clearly state out what's really happening. To mitigate this difficulty we ask, we primarily rely on experts that go on the ground, such as Earthwarn, but also on other stakeholders, such as NGOs.\n","Engagement with business partners or consumers on the use of CSPO,Others","BNP Paribas is member of RSPO since 2011 and has been since then fully supporting the vision of RSPO to transform markets by being a responsible financial player in the palm oil sector, based on a public policy including binding ESG criteria and with the help of external auditors to assess the ESG performance of the actors we chose to support. BNP Paribas is also member of the Financial Institution Task Force (FITF): placed under the umbrella of RSPO, this group gathers several banks involved in the palm oil sector and members of RSPO. It has recently released an outreach document detailing what are the opportunities for a financial player to become RSPO member and where can be found useful information regarding best practices in financing the palm oil sector","none"]
[null,"Robeco Institutional Asset Management B.V","5-0021-19-000-00","Banks and Investors","Ordinary","Netherlands","No","Bank and/or Investor","Investment / Equity ‚ç∞,Debt / Capital Market ‚ç∞",null,"Investments ‚ç∞",null,"Worldwide ‚ç∞","Yes","Growers ‚ç∞",null,"Yes","Yes","Yes",2019,"N/A","Worldwide ‚ç∞","Robeco's policy on sustainable palm oil defines the investment criteria for palm oil companies. Per 1 March 2019, Robeco excludes from its investment universe palm oil companies that are not RSPO members or have less than 20% of hectares of plantations certified against the RSPO standard. Companies may be re-included once they meet the 20% minimum threshold. This threshold is increased whereby per 31 December 2021 palm oil companies will be required to have 50% of hectares of plantations RSPO-certified.","Yes","Yes","Yes","In 2019, we partnered with Satelligence, a satellite imagery data company that monitors deforestation and other impacts of land use. We will incorporate the imagery data into our engagement program on sustainable palm oil production.","In 2019, we have launched a three-year engagement program on sustainable palm oil production. In the coming year of 2020, we will continue our engagement with palm oil producers to promote them to increase the percentage of RSPO-certified plantations to at least 50% by the end of 2021, and ultimately achieve 100% certification.","Yes","No discrimination ‚ç∞,Wage and working conditions ‚ç∞,Freedom of association ‚ç∞,No child labour ‚ç∞,No harassment ‚ç∞,No forced or trafficked labour ‚ç∞","No","Yes","Recruitment ‚ç∞,Contractors ‚ç∞,Sub-Contractors & Third-Party Contractors ‚ç∞","No","Yes","Free Prior and Informed Consent (FPIC) ‚ç∞","No","Yes","No","Yes","Identification and assessment of GHG ‚ç∞,Public reporting of GHG footprint ‚ç∞,Monitored implementation plan to reduce or minimise GHG emissions ‚ç∞","No","Yes","Yes","Yes","Improved Smallholder livelihoods ‚ç∞","In our engagement, we ask palm oil-producing companies to support independent smallholders.",null,null,"Difficulties in the certification process,Certification of smallholders,High costs in achieving or adhering to certification,Human rights issues,Insufficient demand for RSPO-certified palm oil,Reputation of palm oil in the market,Traceability issues",null,"Promotion of CSPO outside of RSPO venues such as trade workshops or industry associations,Stakeholder engagement",null,"https://www.robeco.com/docm/docu-palm-oil-policyl.pdf\nhttps://www.robeco.com/docm/docu-exclusion-policy-and-list.pdf\nhttps://www.robeco.com/en/insights/2019/03/our-approach-to-sustainable-investing-in-palm-oil.html\nhttps://www.robeco.com/media/0/e/2/0e269c20369df64dbb80eb053f3abf75_dutch-financial-institutions-support-the-transition-to-a-sustainable-palm-oil-industry_tcm17-17617.pdf\nhttps://www.robeco.com/en/insights/2019/11/the-spy-in-the-sky-for-deforestation.html"]
[null,"African Agriculture Fund LLC","5-0020-15-000-00","Banks and Investors","Ordinary","Mauritius","No","Bank and/or Investor","Investment / Equity ‚ç∞",null,"Investments ‚ç∞",null,"Africa ‚ç∞","Yes","Growers ‚ç∞,Processors ‚ç∞,Retailers ‚ç∞",null,"No","No",null,null,null,null,"Portfolio companies are legally bound and committed to implementing the required sustainability principles. Where non-compliance is identified, corrective actions are implemented with associated timelines, and if necessary relevant sanctions will be implemented.","Yes","Yes","Yes","Supported our invested company to progress towards RSPO certification","Continuation of broadly promoting the value of RSPO as a sustainability driven organisation/management system.","No",null,null,"No",null,null,"No",null,null,"No",null,"No",null,null,"No",null,"No",null,null,"No","As an investor, we are not directly involved in any elements beyond growers, however we endorse and encourage all palm oil growers we are involved with to adopt the RSPO Ps and Cs regardless of whether persuing certification or not.\n","Awareness of RSPO in the market,Others","As an investment company, invested in the Oil Palm sector, we support our investments to comply with RSPO P&C's and generally promote RSPO.","Engagement with business partners or consumers on the use of CSPO,Engagement with government agencies,Stakeholder engagement",null,"N/A"]
[null,"ING Bank N.V.","5-0019-15-000-00","Banks and Investors","Ordinary","Netherlands","No","Bank and/or Investor","Corporate / Commercial Banking  ‚ç∞,Trade Finance ‚ç∞",null,"Trade Solutions ‚ç∞,Lending/Loans ‚ç∞,Treasury Products ‚ç∞,Cash Management Products ‚ç∞",null,"Africa ‚ç∞,Europe ‚ç∞,China,Indonesia,Malaysia","Yes","Growers ‚ç∞,Traders ‚ç∞,Processors ‚ç∞",null,"Yes","Yes","Yes",2023,2030,"Worldwide ‚ç∞","ING applies it's Environmental Social Risk (ESR) policy framework to its business\nengagements. One policy in the ESR framework is the Sector Policy for Forestry and\nAgrocommodities, which applies to all products and services offered by ING to entities in scope of our Framework that are operating in the forestry and agrocommodities sector, including palm oil. \n\n1) Business engagements in the palm oil sector will require production companies owning, operating or managing plantations/crushing mills to either be an RSPO member or in the process of becoming a member, and to commit to certify heir operations RSPO in a time-bound plan. \n\nIf a company owns, operates or manages palm oil plantations/mills which do not comply with the RSPO certification, then ING engages the company on the reasons for such noncompliance. Afterwards, we require the company to have a time-bound plan to achieve\nRSPO certification for all the plantations under its operational control. We will then assess\nthe client's commitment and progress towards full RSPO certification. \n\nIn case our financing is in scope of the Equator Principles and directly supporting the development of palm oil plantations, ING requires compliance with the P&C of the RSPO certification and with the IFC environmental, health, and safety guidelines for vegetable oil production and processing. \n\n2) Traders are required to be or become RSPO members as well within an agreed timeline, and to commit to increasing trading RSPO certified palm oil as much as possible. \n\n3) ING promotes the use of best practices with its clients. ING also promotes\n RSPO certification with companies that buy or trade palm oil products, but do not own,\noperate or manage palm oil plantations. For such companies ING promotes RSPO\nmembership, but we do not require it.","Yes","Yes","Yes","Client engagement \nING risk and front office departments engage clients in the palm oil sector and discuss relevant topics, when necessary. We discuss how we can support clients in realizing their RSPO certification' objectives and solve potential environmental or social issues affecting their operations. \n\nFinancial Institution Task Force\nING is a member of the Financial Institutions Task Force working group of the RSPO. Here\nFinancial Institutions share sector knowledge and feedback. The Task Force also does outreach to local regional operating banks and hosts consultants that share\nadvancements related to tools to manage and assess Environmental and Social risks in the\npalm oil supply chain.","ING will continue to support the objectives of the RSPO by promoting RSPO membership\nand certification amongst the palm oil actors in the supply chain, in line with the requirements included in our ESR Framework. ING has a restrictive policy on onboarding new palm oil clients.","Yes","No discrimination ‚ç∞,Wage and working conditions ‚ç∞,Freedom of association ‚ç∞,No child labour ‚ç∞,No forced or trafficked labour ‚ç∞","Yes","Yes","Recruitment ‚ç∞,Contractors ‚ç∞,Sub-Contractors & Third-Party Contractors ‚ç∞","Yes","No",null,null,"Yes","Yes","Yes","Identification and assessment of GHG ‚ç∞,Public reporting of GHG footprint ‚ç∞,Monitored implementation plan to reduce or minimise GHG emissions ‚ç∞","Yes","Yes","No","No",null,null,"No","ING engages with its Wholesale Banking clients within the palm oil sector to continuously learn and improve in line with RSPO. ING does not have a customer base on the independent small holder level nor intention to grow a customer base there. Our Asia and Africa business only offers corporate banking services, we have no local Retail branche (where smallholder finance could be). \n\nWe aim to use our expertise, network and leverage with our existing large client base, for example by proactively asking our clients to develop or improve supply chain or sourcing policies. In this way aiming to contribute to fair and sustainable palm oil production at all levels of the supply chain. ","Awareness of RSPO in the market,Difficulties in the certification process,High costs in achieving or adhering to certification,Insufficient demand for RSPO-certified palm oil,Reputation of palm oil in the market,Reputation of RSPO in the market,Others","To manage the perception of a large number of ING's stakeholders that little global\nprogress is observed in terms of RSPO certification of plantations/operations whilst we continue to support our own clients which certification progress ING actively monitors. Insufficient demand for RSPO-certified oil is clearly a challenge for all involved parties. ","Engagement with business partners or consumers on the use of CSPO,Stakeholder engagement",null,"https://www.ing.com/Sustainability/Our-Stance/Palm-oil.htm\n\nhttps://www.ing.com/Newsroom/News/Five-things-about-palm-oil.htm \n\nhttps://www.ing.com/Sustainability/Sustainable-business/Human-Rights.htm\n\nhttps://www.imvoconvenanten.nl/en/banking/news/afronding-analyse-palmolieketen"]
[null,"ABN AMRO Bank N.V.","5-0016-14-000-00","Banks and Investors","Ordinary","Netherlands","No","Bank and/or Investor","Corporate / Commercial Banking  ‚ç∞,Trade Finance ‚ç∞,Private Banking ‚ç∞,Investment / Equity ‚ç∞,Debt / Capital Market ‚ç∞",null,"Trade Solutions ‚ç∞,Lending/Loans ‚ç∞,Cash Management Products ‚ç∞",null,"Worldwide ‚ç∞","Yes","Growers ‚ç∞,Traders ‚ç∞,Processors ‚ç∞,Others","In addition to our plam oil policy, RSPO requirements are included in our sustainability sector requirements for Manufacturing which covers Consumer Goods Manufacturers and Retailers","Yes","Yes","Yes",2020,2020,"Worldwide ‚ç∞","Our clients have to comply with our Exclusion List and our sustainability risk policies (oa\npolicy for agri commodities/palm oil requirements and manufacturing for downstream\nclients). \n\nABN AMRO assesses compliance with our policies at 1) onboarding 2) new financing and 3) undertakes a (annual) review of the client. In case of non compliance the company is not onboarded in case there is no willingness and capacity to improve. Otherwise, we will engage with the company to address the issues until they are rectified. \n\nThis engagement will be time bound (max. 3 years), include an engagement and action plan and include regular monitoring and reporting system on progress (see our Engagement Guideline in the Sustainability Risk Policy for Lending and Project Finance). In some instances we will require an independent third party opinion to verify compliance with our policies. Progress of engagement is reported to our CIB Engagement Committee on a quarterly basis. \nIf the engagement is not successful, the bank can decide to terminate the relationship. \n","Yes","Yes","Yes","'- Via the RSPO FITF and together with WWF we provide trainings to & are in dialogue with APAC banks promoting RSPO membership and certification \n- We represented the FITF in the Shared Responsibility Task Force \n- We co-organised a side event at the RT2019 on sustainable finance in the palm oil sector\n- We participate in panel discussions (oa UNEP FI Regional Roundtable Shanghai) and meetings on sustainability to discuss sustainable\npalm oil practices \n- We had discussions with various clients on Impact Banking; a product\nthat focuses on promoting the livelihood of small holders and improving farming practices\n- We are a member of Sustain; a block chain initiative to enhance transparency in the palm oil value chain \n- We are using social media (oa Linked in) to promote RSPO certified sustainable palm oil\nand oil palm products","'- We will take part in the Shared Responsibility Working Group\n- We will review our sustainability sector requirments esp. for manufacting\n- We will use sustainable finance to promote the production or consumption of CSPO\n- We will continue our engagement with other banks on certified sustainable palm oil\n- We will continue to create external stakeholder awareness on the RSPO and certified sustainable palm oil via presentations, participation in panels etc.","Yes","No discrimination ‚ç∞,Wage and working conditions ‚ç∞,Freedom of association ‚ç∞,No child labour ‚ç∞,No harassment ‚ç∞,No forced or trafficked labour ‚ç∞","Yes","Yes","Recruitment ‚ç∞,Contractors ‚ç∞,Sub-Contractors & Third-Party Contractors ‚ç∞","Yes","No",null,null,"Yes","Yes","Yes","Identification and assessment of GHG ‚ç∞,Public reporting of GHG footprint ‚ç∞,Monitored implementation plan to reduce or minimise GHG emissions ‚ç∞","Yes","No",null,"Yes","Improved Smallholder livelihoods ‚ç∞","We can support smallholders via our Impact Banking product and other sustainable finance instruments. In addition to the regular discussions that we have witho our clients on smallholders and their smallholder projects.",null,null,"Difficulties in the certification process,Competition with non-RSPO members,High costs in achieving or adhering to certification,Human rights issues,Insufficient demand for RSPO-certified palm oil,Reputation of palm oil in the market,Reputation of RSPO in the market,Supply issues,Traceability issues",null,"Engagement with business partners or consumers on the use of CSPO,Engagement with government agencies,Promotion of CSPO outside of RSPO venues such as trade workshops or industry associations,Providing funding or support for CSPO development efforts,Research & Development support,Stakeholder engagement",null,"https://www.abnamro.com/en/newsroom/Videos/2019/telling-it-like-it-is-why-we-choose-to-finance-palm-oil-companies.html\n\nhttps://www.abnamro.com/en/about-abnamro/in-society/sustainability/newsletter/2019/january/pulling-out-of-palm-oil.html"]
[null,"Credit Suisse AG","5-0010-10-000-00","Banks and Investors","Ordinary","Switzerland","No","Bank and/or Investor","Corporate / Commercial Banking  ‚ç∞,Trade Finance ‚ç∞,Private Banking ‚ç∞,Investment / Equity ‚ç∞,Debt / Capital Market ‚ç∞",null,"Trade Solutions ‚ç∞,Lending/Loans ‚ç∞,Treasury Products ‚ç∞,Investments ‚ç∞",null,"Worldwide ‚ç∞","Yes","Growers ‚ç∞,Processors ‚ç∞",null,"Yes","Yes","Yes",2022,2022,"Worldwide ‚ç∞","Engagement and advisory support in the first instance.","Yes","Yes","No","Examples of activities include: (1) Chairing the RSPO Financial Institutions Technical Forum\n(FITF) (2) Participation in Technical Advisory Group of the ZSL SPOTT project (3) Participation in Shared Responsibility Taskforce (4) Engagement with business clients to develop a sustainable palm oil strategy (5) Sponsorship to HCVRN Secretariat to support training for assessors under the Assessor Licensing Scheme (ALS) (6) We feature the RSPO on our corporate website under 'Agreements & Memberships': https://www.credit-suisse.com/about-us/en/our-company/corporate-responsibility/banking/agreements-memberships.html","Actions will include the following: (1) Continued participation in the RSPO FITF (2) Continued\nparticipation in Technical Advisory Group of the ZSL SPOTT project (3) Ongoing engagement with business clients to develop a sustainable palm oil strategy","Yes","No discrimination ‚ç∞,Wage and working conditions ‚ç∞,Freedom of association ‚ç∞,No child labour ‚ç∞,No harassment ‚ç∞,No forced or trafficked labour ‚ç∞","Yes","Yes","Recruitment ‚ç∞,Contractors ‚ç∞,Sub-Contractors & Third-Party Contractors ‚ç∞","Yes","Yes","Free Prior and Informed Consent (FPIC) ‚ç∞,Compensation ‚ç∞","Yes","Yes","Yes","Yes","Identification and assessment of GHG ‚ç∞,Public reporting of GHG footprint ‚ç∞,Monitored implementation plan to reduce or minimise GHG emissions ‚ç∞","Yes","Yes","Yes","No",null,null,"No","International financial institutions find it difficult to provide financial support to smallholder entities as our rates would typically not be competitive compared to local financial institutions. Moreover, we may be legally prohibited to take independent smallholders as individual clients in certain markets.","Competition with non-RSPO members,Insufficient demand for RSPO-certified palm oil,Reputation of palm oil in the market,Others","Feedback from our bankers in client / prospect meetings that Asian regional, Chinese, Taiwanese and Japanese banks are not applying ESG standards to\ndeals in the sector, placing us at a disadvantage. There needs to be more work done across the RSPO membership to reward /recognize the efforts of committed members and to pressure other players to join and support a sustainable palm oil industry.","Engagement with business partners or consumers on the use of CSPO,Engagement with government agencies,Promotion of CSPO outside of RSPO venues such as trade workshops or industry associations,Stakeholder engagement,Others","Earlier responses refer, including (1) client engagement on strategy development, (2) supporting ESG integration and capacity building among local banks, (3) global peer bank engagement through FITF, and (4) support to the NGO community through funding and/or industry insights.","https://cs-reports.mdd.ch/en/2019/report/corporate-responsibility-report-2019"]
[null,"ANZ Banking Group Limited","5-0008-08-000-00","Banks and Investors","Ordinary","Australia","No","Bank and/or Investor","Corporate / Commercial Banking  ‚ç∞",null,"Trade Solutions ‚ç∞,Lending/Loans ‚ç∞,Treasury Products ‚ç∞,Cash Management Products ‚ç∞",null,"Indonesia,Malaysia,Oceania ‚ç∞,Rest of Asia ‚ç∞","Yes","Growers ‚ç∞,Traders ‚ç∞,Processors ‚ç∞,Consumer Goods Manufacturers ‚ç∞",null,"Yes","Yes","Yes",2030,2030,"North America ‚ç∞,Middle East ‚ç∞,China,India,Indonesia,Malaysia,Oceania ‚ç∞,Rest of Asia ‚ç∞","ANZ's sustainability approach and standards are aligned to the social and environmental principles established by RSPO, and the bank encourages its customers to be RSPO members and establish a time-bound plan for full RSPO certification under its responsible business lending policy. However, the bank is disposed to make exceptions where a customer can positively demonstrate adherence to appropriate social, environmental and sustainability principles outside of the RSPO certification process.","Yes","No","No","We have a range of social and environmental training programs to educate our employees on our policies and standards and how they are applied in practice. This year just under 700 employees completed our foundation course: online Social and Environmental Risk training, which covers our Sustainability Framework, Sensitive Sector requirements and our approach to human rights. \n\nOur Social and Environmental Risk Policy, supported by ‚Äúsensitive sector‚Äù requirements adopts a principles-based risk framework which is applied to decision-making in sensitive transactions across the industries. We support customers that demonstrate a balanced approach to social, environmental and developmental impacts and we encourage customers to adopt management practices to continuously improve their social and environmental performance. ANZ supports customers that use internationally accepted industry management practices to manage social, environmental and economic impacts (including effects on human rights, biodiversity, cultural heritage, indigenous rights, health and safety, governance and environmental sustainability).\n","We have a range of social and environmental training programs to educate our employees on our policies and standards and how they are applied in practice. This year just under 700 employees completed our foundation course: online Social and Environmental Risk training, which covers our Sustainability Framework, Sensitive Sector requirements and our approach to human rights. \n\nOur Social and Environmental Risk Policy, supported by ‚Äúsensitive sector‚Äù requirements adopt a principles-based risk framework which is applied to decision-making in sensitive transactions across the industries. We support customers that demonstrate a balanced approach to social, environmental and developmental impacts and we encourage customers to adopt management practices to continuously improve their social and environmental performance. ANZ supports customers that use internationally accepted industry management practices to manage social, environmental and economic impacts (including effects on human rights, biodiversity, cultural heritage, indigenous rights, health and safety, governance and environmental sustainability).\n","Yes","No discrimination ‚ç∞,Wage and working conditions ‚ç∞,Freedom of association ‚ç∞,No child labour ‚ç∞,No harassment ‚ç∞,No forced or trafficked labour ‚ç∞","Yes","Yes","Recruitment ‚ç∞,Contractors ‚ç∞,Sub-Contractors & Third-Party Contractors ‚ç∞","Yes","Yes","Free Prior and Informed Consent (FPIC) ‚ç∞","Yes","Yes","No","Yes","Identification and assessment of GHG ‚ç∞,Public reporting of GHG footprint ‚ç∞,Monitored implementation plan to reduce or minimise GHG emissions ‚ç∞","No","Yes","No","No",null,null,"No","ANZ does not have a strategy in place to support non Institutional companies or counterparties outside of Australia and New Zealand","Others","ANZ does not have a strategy in place to support non Institutional companies or counterparties outside of Australia and New Zealand","Others","Where our Institutional clients have supply chains that include palm oil as an upstream product used, we will look to assess their CSR, ESG policies as part of our due diligence and credit analysis. The commitments these clients have to RSPO are taken as part of the analysis. ","https://www.anz.com/resources/5/6/56b7f056-5f44-49b2-8748-bfc7ca004e5d/forestry-and-forests-policy.pdf?MOD=AJPERES"]
[null,"International Finance Corporation (IFC)","5-0002-05-000-00","Banks and Investors","Ordinary","United States","No","Bank and/or Investor","Other:","Advisory Project: Supporting the Indonesia Palm Oil Development for Smallholders project. ","Other :","No investment in this period. ","Indonesia","Yes","Growers ‚ç∞,Traders ‚ç∞,Processors ‚ç∞,Consumer Goods Manufacturers ‚ç∞,Retailers ‚ç∞",null,"Yes","Yes","Yes",2018,2020,"Africa ‚ç∞,South America ‚ç∞,China,India,Indonesia","Generally, potential clients who are not RSPO members will be recommended to join\nRSPO. IFC then would expect the firm to follow the RSPO Codes of Conduct if it is a grower client or to follow the supply chain requirements for supply chain clients.","Yes","Yes","Yes","IFC continues to work on its Indonesia smallholder palm project to build the technical capacity of independent smallholders, link them closer to mills and improve the sustainability of production. Two farmer group associations (FGAs) were established and have obtained RSPO Certification (both in October 2019). Two additional FGAs are planned to be RSPO Certified in 2020. \n\nIFC was an active member of RSPO‚Äôs working groups in supporting smallholder inclusion in the RSPO system. It was a member of the Smallholder Interim Group (SHIG) that developed the new RSPO standard for certification of independent smallholders and contributed significantly (under the Curriculum Development Committee) to the development of the curriculum of the Smallholder Trainer Academy.  \n\nIFC contributed to the RSPO, a set of Learning Posters and supporting guides on Best Management Practices to enhance smallholders training on production of sustainable oil. These learning materials have been used for the IFC‚Äôs independent smallholders project. \n\nIFC remains an active participant in the RSPO FITF and is also working closely to support the development of a more environmentally and socially responsible financial sector in Indonesia, which is better able and informed to support sustainable palm oil development. \n\nIFC is also part of the Good Growth Partnership (GGP) that aims to reduce deforestation in tropical commodity supply chains. This is a GEF-funded program that includes palm oil in Indonesia, led by UNDP with IFC as a partner along with WWF, Conservation International and UNEP-FI. IFC actively involves in regular meeting sessions among GGP partners to actively promote collaboration and synergy among GGP partners.\n\n\n\n\n\n\n\n\n\n","Over the next 12 months, IFC plans to complete its smallholder palm projects in Sumatra. At completion, the project will have enabled some 50,000 smallholders to receive training in Best Management Practices and Sustainability and supported certification of 2,000 independent smallholders across four project locations in Sumatra. \n\nIFC will launch an e-learning platform for smallholders using a mobile application in Q3, 2020. The conventional extension service practices in which the extension workers provide face-to-face training to farmers have some limitation to reach wider palm oil supply chains, particularly independent smallholders who are located in dispersed and remote farm sites. Recent advances in digital technology and the penetration of smartphones into rural areas provide strong opportunities for delivering extension services to smallholder farmers through a digital platform.\n \nIFC is also part of the Good Growth Partnership (GGP) that aims to reduce deforestation in tropical commodity supply chains. IFC will continue to promote collaboration and synergy among GGP partners and encourage the participation of key stakeholders in the effort to promote sustainable commodity production and also maintains forests and important ecosystem services. IFC also scale up the smallholders project with GGP partners to facilitate and provide access for methodology training and training materials to UNDP with collaboration with Musim Mas in Pelalawan, Riau province, Indonesia.","Yes","No discrimination ‚ç∞,Wage and working conditions ‚ç∞,Freedom of association ‚ç∞,No child labour ‚ç∞,No harassment ‚ç∞,No forced or trafficked labour ‚ç∞","Yes","Yes","Recruitment ‚ç∞,Contractors ‚ç∞,Sub-Contractors & Third-Party Contractors ‚ç∞","Yes","Yes","Free Prior and Informed Consent (FPIC) ‚ç∞,Compensation ‚ç∞","Yes","Yes","Yes","Yes","Identification and assessment of GHG ‚ç∞,Public reporting of GHG footprint ‚ç∞,Monitored implementation plan to reduce or minimise GHG emissions ‚ç∞","No","Yes","Yes","Yes","Improved Smallholder livelihoods ‚ç∞","IFC has an ongoing advisory project working with a company to build the capacity of independent smallholders in Indonesia. The project is running at one site in North Sumatra province and three sites in Riau province. The project is developing a range of agricultural services for farmers and helping to improve extension services provided by off-takers and local agents. This includes a fertilizer procurement and distribution scheme. \n \nAs well as technical capacity building, the project has supported certification of over 700 independent smallholders from two farmer group associations from two project locations and has begun the process of certification another 700 smallholders from another two project locations in Riau province. As part of the certification effort and broader project implementation. \n\n\n",null,null,"Others","The inclusion of smallholders and independent mills remains a major challenge for the RSPO. IFC is addressing this by engaging with all stakeholders within the supply chain, as well as smallholders themselves, to develop a viable and sustainable business model for smallholders.\n\nTo achieve full market transformation, it is necessary to promote uptake of CSPO in emerging markets, but current uptake is limited. One key reason is the lack of a compelling business case for increased purchasing of CSPO, as well as uncertain government support and a confusing policy environment. \n\nIFC supports further collaboration and knowledge sharing among stakeholders to address some of the most challenging environmental, social and economic obstacles to the production, procurement and uptake of CSPO. IFC is working to play a convening role in different forums, it remains an active participant in the RSPO FITF and has a current MoU with the RSPO regarding the sharing of its smallholder training materials.\n","Engagement with business partners or consumers on the use of CSPO,Providing funding or support for CSPO development efforts,Stakeholder engagement",null,"https://www.rspo.org/resources/smallholders-documents/linking-learning/additional-resources-relating-to-smallholder\n\nhttps://www.youtube.com/watch?v=BARF0ExyfIw\n"]
[null,"Citi","5-0011-10-000-00","Banks and Investors","Ordinary","Indonesia","No","Bank and/or Investor","Corporate / Commercial Banking  ‚ç∞,Trade Finance ‚ç∞,Private Banking ‚ç∞,Debt / Capital Market ‚ç∞",null,"Trade Solutions ‚ç∞,Lending/Loans ‚ç∞,Treasury Products ‚ç∞,Cash Management Products ‚ç∞",null,"Worldwide ‚ç∞","Yes","Growers ‚ç∞",null,"Yes","Yes","Yes",2013,"N/A","Worldwide ‚ç∞","If a client is not a member of the RSPO we will make the continuation of the financial relationship contingent upon a time-bound action plan of no longer than 3 years to become a member. \n\nIf a client is at risk of loosing their membership we will work with the client to develop a short term action plan to realign with the RSPO principles and criteria. \n\nIf a client cannot or decides they are not willing to meet the requirements of RSPO membership we will exit the relationship. ","Yes","Yes","Yes","We conducted a firm wide agricultural portfolio review in which we engaged with our palm oil clients in business segments beyond growers to understand the total uptake of RSPO among processors and traders and develop ways to enhance our approach across the supply chain. During the process we have encouraged our processor and trader clients to join the RSPO in the few cases that they were not yet members. ","Citi will continue to enhance our approach to promote CSPO uptake with clients throughout the palm oil supply chain. \n\nWe will engage our higher risk RSPO member clients to support them in realigning their environmental and social management systems with the RSPO principles and criteria when gaps become evident during our annual and transaction based environmental and social risk review process. \n\nWe will also continue to engage all potential new clients at onboarding who are not RSPO members to take steps to become RSPO certified as a condition to providing financial services. ","Yes","No discrimination ‚ç∞,Wage and working conditions ‚ç∞,Freedom of association ‚ç∞,No child labour ‚ç∞,No harassment ‚ç∞,No forced or trafficked labour ‚ç∞","No","Yes","Recruitment ‚ç∞,Contractors ‚ç∞,Sub-Contractors & Third-Party Contractors ‚ç∞","No","Yes","Free Prior and Informed Consent (FPIC) ‚ç∞,Compensation ‚ç∞","No","Yes","No","Yes","Identification and assessment of GHG ‚ç∞,Public reporting of GHG footprint ‚ç∞,Monitored implementation plan to reduce or minimise GHG emissions ‚ç∞","No","Yes","No","No",null,null,"Yes",null,"Difficulties in the certification process,Certification of smallholders,High costs in achieving or adhering to certification,Insufficient demand for RSPO-certified palm oil,Traceability issues",null,"Engagement with business partners or consumers on the use of CSPO,Engagement with government agencies,Promotion of CSPO outside of RSPO venues such as trade workshops or industry associations,Stakeholder engagement",null,"https://www.citigroup.com/citi/sustainability/data/Environmental-and-Social-Policy-Framework.pdf\nhttps://www.citigroup.com/citi/about/esg/downloads.html\n"]
[null,"Lestari Capital PTE LTD","5-0023-19-000-00","Banks and Investors","Ordinary","Singapore","No","Bank and/or Investor","Investment / Equity ‚ç∞",null,"Trade Solutions ‚ç∞,Other :","Conservation financing as part of the RSPO RaCP remediation process.","Indonesia,Rest of Asia ‚ç∞","Yes","Growers ‚ç∞,Traders ‚ç∞,Processors ‚ç∞,Consumer Goods Manufacturers ‚ç∞",null,"Yes","No",null,null,null,null,"Before prospects can become Lestari Capital clients, they must first commit to meeting or exceeding established certification and supply chain standards, such as RSPO and FSC; or have a published sustainability policy incorporating commitments to NDPE. These commitments must include, either explicitly or implicitly, conservation and ecosystem restoration initiatives as pathways to compliance. \n \nProspects must also be willing to advance the ‚Äúgreater good‚Äù through collaboration and partnership with their competitors and other stakeholders to achieve their sustainability pledges. These stakeholders include smallholders, large growers, mills, processors & traders, consumer goods manufacturers, retailers, and financial institutions.","Yes","Yes","Yes","1. Cargill commits $3.5 million in Nanga Lauk, West Kalimantan to help local community preserve and protect forests, 4 Dec 2019\nhttps://www.cargill.co.id/en/2019/cargill-commits-3.5-million-in-nanga-lauk-west-kalimantan\n\nGabriel Eickhoff, CEO, Lestari Capital, supported Cargill's press conference to announce their support of the Nanga Lauk community as part of the RSPO RaCP process.\n\n\n\n2. AVPN ‚Äì SEED Climate Finance Lab and Scope of Returns on Investments in Climate Smart Solutions; AVPN SEA Summit 2020, Bali, 12-14 February 2020\nhttps://seasummit.avpn.asia/session/avpn-seed-climate-finance-lab/\nhttps://seasummit.avpn.asia/session/funding-climate-action/\n\nGabriel Eickhoff, CEO of Lestari Capital, as a panelist in both sessions, reiterated the importance of sustainability practices as an enabler of profitability and certification as a reliable referencing prerequisite for financing, relating to RSPO as an example for the palm oil sector.\n\n\n\n3. Webinar: Financing Forests with Commodity and Carbon Markets; 18 Feb 2020.\nhttps://www.forest-trends.org/publications/commitments-in-action-corporate-tells-for-financing-forest-conservation-restoration-2020/\n\nMichal Zrust, Chief Sustainability Officer of Lestari Capital, discussed mechanisms for connecting potential investor companies with high-quality conservation and restoration projects, referencing Cargill and Eagle High Plantation's success stories in upholding their commitments to the RSPO RaCP prrocess. This was done as part of launch of the report, Commitments in Action: Corporate Tells for Financing Forest Conservation & Restoration, 2020\n\n","1. Ramp up efforts to engage RSPO members who require assistance in meeting their RaCP obligations, working alongside the RSPO\n\n2. Initiate mechanisms that encourage sustainable and responsible business practices. Further details cannot be shared for competitive reasons.","Yes","No discrimination ‚ç∞,Wage and working conditions ‚ç∞,Freedom of association ‚ç∞,No child labour ‚ç∞,No harassment ‚ç∞,No forced or trafficked labour ‚ç∞","No","Yes","Recruitment ‚ç∞,Contractors ‚ç∞,Sub-Contractors & Third-Party Contractors ‚ç∞","No","Yes","Free Prior and Informed Consent (FPIC) ‚ç∞,Compensation ‚ç∞","No","Yes","No","Yes","Identification and assessment of GHG ‚ç∞,Public reporting of GHG footprint ‚ç∞,Monitored implementation plan to reduce or minimise GHG emissions ‚ç∞","No","Yes","Yes","Yes","Improved Smallholder livelihoods ‚ç∞","Indirectly, through the activities of our RSPO member clients or of the beneficiary project activities, if any.",null,null,"High costs in achieving or adhering to certification,Insufficient demand for RSPO-certified palm oil",null,"Engagement with business partners or consumers on the use of CSPO,Promotion of CSPO outside of RSPO venues such as trade workshops or industry associations,Providing funding or support for CSPO development efforts,Stakeholder engagement",null,"Prosperous Forests, a research report commissioned by the Food and Land Use Coalition; November 2019\nhttps://www.foodandlandusecoalition.org/wp-content/uploads/2019/11/FOLU-Prosperous-Forests_v6.pdf\n\n\nLaunch of the Sustainable Commodities Conservation Mechanism ‚Äì first partner Cargill commits to 25 years of conservation finance through innovative new financial mechanism at the 2018 World Bank Meeting in Bali. \nhttps://www.cargill.com/2018/lestari-capital-launches-innovative-finance-mechanism"]