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Reporting and technical guidance

Reporting and the 'Technical Guidance' document


Technical guidance has been developed to serve as a how-to-guide for banks that want to support the 'Soft Commodities' Compact (“Compact”). It elaborates on key terms within the Compact, offers further implementation guidance to banks and recommends key performance indicators (KPIs) for banks to consider when reporting on how they are progressing their implementation of the Compact.

Download the Technical Guidance document.

 

Publication of Compact banks’ approaches to implementation of the Soft Commodities Compact


Three KPIs of the Compact are described in the Technical Guidance to the Compact and set out below. These KPIs are intended to be useful and practical, based on in-depth consultation with banks and a range of other stakeholders. They will be subject to modification based on the implementation experience of Compact banks.

KPI 1: Bank has published details of its approach to supporting the 'Soft Commodities' Compact

KPI 2: Percentage of the bank’s customers in each relevant soft commodity supply chain, with all of their operations covered by a time-bound plan to achieve compliance with the bank’s approach to supporting the 'Soft Commodities' Compact by 2020 

KPI 3: Percentage of the bank’s customers’ production or processing operations in each relevant soft commodity supply chain that have been verified as being compliant with the bank’s approach to supporting the 'Soft Commodities' Compact

 

Compact bank

KPI Reporting

Barclays

'Soft Commodities' Compact Progress Report December 2019

Approach to Forestry and Logging

Environmental Social Governance Report 2017

BNP Paribas  

Sector policy – Palm oil

Sector Policy – Agriculture

Deutsche Bank

'Soft Commodities' Compact Progress Report

Monocultural farming / Palm oil

Environmental and Social Policy Framework

JP Morgan 

'Soft Commodities' Compact Report

Environmental and Social Policy Framework

Lloyds Banking Group

External Sector Statements

NatWest Group 

ESE statement

NatWest Group and the ‘Soft Commodities’ Compact

Rabobank

Vision and policy: Sustainably successful together

2019 progress report

Declaration on deforestation in Brazil

Santander

Climate Finance Report 2019 - June 2020

General sustainability policy

'Soft Commodities' Sector Policy

Société Générale

Annual financial report 2016

Sector policy – Palm oil

Sector policy – forestry and forest products

Sector policy – agriculture, fisheries and food

Standard Chartered

Memberships

The 'Soft Commodities' Compact

UBS

Environmental and Social Risk Policy Framework

Westpac

Our position – financing agribusiness

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BEI member Compact adopters

BEI signatories

Non-member banks that have adopted the Compact

Non BEI signatories

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