Bank's Policy
Animal Farming & Food Production
10%
Assessed policy
Extract of the policy that covers, or comes closest to covering this criterium
For companies involved in livestock products, it is expected that they have standards for ethical operations concerning animal welfare and follow relevant national and EU regulations, such as EU Directive 98/58/EC. It is further expected that companies integrate animal welfare criteria relevant to their operations into their procurement and operational policies and include clauses such as compliance with animal welfare criteria in their contracts with subcontractors and suppliers. Restricted housing methods such as calves in crates, hens in battery cages, and sows in feeding cubicles are to be avoided.
Comments on score: The bank requires agriculture clients to integrate animal welfare into their operational policies, but there are no details apart from cages and crates.
Assessed policy
Extract of the policy that covers, or comes closest to covering this criterium
For companies involved in livestock products, it is expected that they have standards for ethical operations concerning animal welfare and follow relevant national and EU regulations, such as EU Directive 98/58/EC. It is further expected that companies integrate animal welfare criteria relevant to their operations into their procurement and operational policies and include clauses such as compliance with animal welfare criteria in their contracts with subcontractors and suppliers. Restricted housing methods such as calves in crates, hens in battery cages, and sows in feeding cubicles are to be avoided.
Comments on score: The bank requires agriculture clients to integrate animal welfare into their operational policies, whereby cages and crates are to be avoided.
Assessed policy
Extract of the policy that covers, or comes closest to covering this criterium
For companies involved in livestock products, it is expected that they have standards for ethical operations concerning animal welfare and follow relevant national and EU regulations, such as EU Directive 98/58/EC. It is further expected that companies integrate animal welfare criteria relevant to their operations into their procurement and operational policies and include clauses such as compliance with animal welfare criteria in their contracts with subcontractors and suppliers. Restricted housing methods such as calves in crates, hens in battery cages, and sows in feeding cubicles are to be avoided.
Comments on score: The bank only requires agriculture clients to adhere to legal minimum standards.
Assessed policy
Extract of the policy that covers, or comes closest to covering this criterium
For companies involved in livestock products, it is expected that they have standards for ethical operations concerning animal welfare and follow relevant national and EU regulations, such as EU Directive 98/58/EC. It is further expected that companies integrate animal welfare criteria relevant to their operations into their procurement and operational policies and include clauses such as compliance with animal welfare criteria in their contracts with subcontractors and suppliers. Restricted housing methods such as calves in crates, hens in battery cages, and sows in feeding cubicles are to be avoided.
Comments on score: The bank only requires agriculture clients to adhere to legal minimum standards.
Assessed policy
Extract of the policy that covers, or comes closest to covering this criterium
For companies involved in livestock products, it is expected that they have standards for ethical operations concerning animal welfare and follow relevant national and EU regulations, such as EU Directive 98/58/EC. It is further expected that companies integrate animal welfare criteria relevant to their operations into their procurement and operational policies and include clauses such as compliance with animal welfare criteria in their contracts with subcontractors and suppliers. Restricted housing methods such as calves in crates, hens in battery cages, and sows in feeding cubicles are to be avoided.
Comments on score: The bank only requires agriculture clients to adhere to legal minimum standards.
Assessed policy
Extract of the policy that covers, or comes closest to covering this criterium
For companies involved in livestock products, it is expected that they have standards for ethical operations concerning animal welfare and follow relevant national and EU regulations, such as EU Directive 98/58/EC. It is further expected that companies integrate animal welfare criteria relevant to their operations into their procurement and operational policies and include clauses such as compliance with animal welfare criteria in their contracts with subcontractors and suppliers. Restricted housing methods such as calves in crates, hens in battery cages, and sows in feeding cubicles are to be avoided.
Comments on score: The bank only requires agriculture clients to adhere to legal minimum standards.
Assessed policy
Extract of the policy that covers, or comes closest to covering this criterium
For companies involved in livestock products, it is expected that they have standards for ethical operations concerning animal welfare and follow relevant national and EU regulations, such as EU Directive 98/58/EC. It is further expected that companies integrate animal welfare criteria relevant to their operations into their procurement and operational policies and include clauses such as compliance with animal welfare criteria in their contracts with subcontractors and suppliers. Restricted housing methods such as calves in crates, hens in battery cages, and sows in feeding cubicles are to be avoided.
Comments on score: The bank only requires agriculture clients to adhere to legal minimum standards.
Assessed policy
Extract of the policy that covers, or comes closest to covering this criterium
not covered
Comments on score: not covered
Assessed policy
Extract of the policy that covers, or comes closest to covering this criterium
NAM is a member and signatory in several RI initiatives and forums. … Investor Action on Antimicrobial Resistance is a coalition between the Access to Medicine Foundation, the FAIRR Initiative, the Principles for Responsible Investment and the UK Government Department of Health and Social Care to galvanise investor efforts to address global antimicrobial resistance.
Comments on score: not covered
Assessed policy
Extract of the policy that covers, or comes closest to covering this criterium
We have joined the FAIRR’s collaborative investor engagement on sustainable proteins which asked several global food companies to diversify their protein sources to drive growth, increase profitability, reduce risk exposure, and improve their ability to compete and innovate in a resource-constrained world.
Comments on score: not covered
Animal Testing
0%
Assessed policy
Extract of the policy that covers, or comes closest to covering this criterium
not covered
Comments on score: not covered
Assessed policy
Extract of the policy that covers, or comes closest to covering this criterium
not covered
Comments on score: not covered
Assessed policy
Extract of the policy that covers, or comes closest to covering this criterium
not covered
Comments on score: not covered
Pets, Entertainment and Fashion
0%
Assessed policy
Extract of the policy that covers, or comes closest to covering this criterium
not covered
Comments on score: not covered
Assessed policy
Extract of the policy that covers, or comes closest to covering this criterium
not covered
Comments on score: not covered
Assessed policy
Extract of the policy that covers, or comes closest to covering this criterium
not covered
Comments on score: not covered
Assessed policy
Extract of the policy that covers, or comes closest to covering this criterium
not covered
Comments on score: not covered
Governance
25%
Assessed policy
Extract of the policy that covers, or comes closest to covering this criterium
It is further expected that companies integrate animal welfare criteria relevant to their operations into their procurement and operational policies and include clauses such as the compliance with criteria on animal welfare in their contracts with subcontractors and suppliers. Restricted housing methods such as calves in crates, hens in battery cages and sows in feeding cubicles are to be avoided.
Comments on score: The bank expects clients to include animal welfare in their procurement. This includes avoiding restrictive husbandry conditions in animal farming.
Assessed policy
Extract of the policy that covers, or comes closest to covering this criterium
not covered
Comments on score: not covered
Assessed policy
Extract of the policy that covers, or comes closest to covering this criterium
not covered
Comments on score: not covered
Assessed policy
Extract of the policy that covers, or comes closest to covering this criterium
not covered
Comments on score: The bank does have transition finance products, however, food systems and animal welfare are not mentioned