- - - Contents Management report Corporate governance Consolidated financial statements Financial statements Pillar 3 Palm oil Asia S-H3 Conflicting land claims involving communities; dispute about the division of compensation between new claimants Client has resolved issue Open Palm oil Asia P Prospect that does not comply with Rabobank policy Engagement stopped Closed Palm oil Asia S-H2 FPIC and compensation issues on a plantation partially owned by client Client will take action Open Palm oil Asia S-L5 Work circumstances that may comply with legislation and regulations, but have room for improvement Client will take action Open Palm oil Asia S-H3 Issues with regard to consultation caused by previous owner Engagement stopped Closed Palm oil Asia S-H2 Issues with regard to insufficient agreements regarding the application of FPIC Client will take action Open Palm oil Asia P Relationship started without compliance with RSPO standards; membership obtained, but complete implementation and certification required Client will take action Open Palm oil Asia S-H2 S-H3 E-E2 Controversy with regard to insufficient application of FPIC, compensation and MER Client has resolved issue Open Palm oil Asia S-H2 E-E2 Alleged improper application of FPIC, legal compliance and environmental due diligence; despite convincing evidence to the contrary, the client is willing to take further measures; plans are being prepared Investigation Open Palm oil Asia S-H3 Dilemma in which wishes and legal requirements regarding land right do not align with each other Client will take action Open Palm oil Asia E-E2 Alleged destruction of vulnerable nature Insufficient evidence Closed Palm oil Asia S-H2 Alleged poor application of FPIC Insufficient evidence Closed Palm oil Asia E-E2 Alleged destruction of vulnerable nature Client will take action Open Palm oil Asia E-E2 S-H3 Client allegedly conducts insufficient MER and fails to give authorised agents sufficient share Insufficient evidence Open Palm oil Asia S-H2 Alleged lack of consultation and compensation Client will take action Open Palm oil Asia S-H2 Alleged lack of consultation Investigation Open Palm oil Asia E-E2 Alleged destruction of vulnerable nature Investigation Open Sugar Asia S-H2 Controversy with regard to compensation for forced relocation Investigation Open Sugar ZA S-H2 Allegedly disadvantages people by obtaining land rights Client has resolved issue Closed Sugar ZA E-E2 Damage to vulnerable nature Client will take action Open Consumer foods N/A S-L3 Alleged disregard for trade union supporters Authorities involved Open Rabobank Issue Table 2015 Environment Social Governance Human rights Labour law E1Cruelty to animals #2 H1Violation of human rights #3 L1. Forced labour #3 G1Integrity (corruption, bribery, money laundering, fraud, tax evasion, creation of cartels) #4 E2. Impact on ecosystems and landscapes #18 H2. Impact on communities and indigenous peoples #15 L2. Child labour #2 G2. Lack of transparency #0 E3. Misuse of natural resources or wasting raw materials #1 FI3. Participation issues #5 L3. Freedom of association and right to collective bargaining #1 G3. Misleading communications and 'greenwashing' #0 E4. Pollution #1 FI4. Social discrimination #0 L4. Employee health and safety #2 G4. Product/service presents a risk to consumer health or safety #0 L5. Poor working conditions #11 P. Not compliant to Rabobank policy #6 number number of engagements on this theme L6. Discrimination against employees #0 Status category label Status category Note Investigation Additional research required to better understand the nature and extent of the problem, and to gain more insight into necessary or desired improvement Client acknowledged issue There is agreement on the facts of the issue Insufficient evidence There is insufficient certainty that the customer is causing the problem or can contribute to reducing or resolving it Client willing to improve policy/behaviour There is agreement on the subject that sustainability can take place Client will take action Client has resolved issue Client has improved policy/behaviour Authorities involved A dispute between the parties is under consideration by or requires the action or decision of a government agency or court; the dialogue is pending Client relationship is terminated Insufficient progress has been shown by the customer and the bank has taken steps to end the relationship Engagement stopped Prospects do not want to act in accordance with our policies, or relationship with the customer then the connection to the issue no longer exists 130 Rabobank Annual Report 2015

Rabobank Bronnenarchief

Annual Reports Rabobank | 2015 | | pagina 131