Total: 3 points out of 18

3 points for a strong exclusion of tar sands projects: ABN AMRO prohibits direct finance for tar sands exploration, processing, transportation, and pipelines.

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Total: 0 points out of 18

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Total: 0 points out of 18

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Total: 0.5 point out of 18

0.5 point for enhanced due diligence regarding tar sands companies: Bank of America conducts enhanced due diligence "on all relationships with companies that are focused on oil sands extraction."

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Total: 0 points out of 18

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Total: 0 points out of 18

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Total: 0 points out of 18

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Total: 0.5 point out of 18

0.5 point for enhanced due diligence regarding tar sands companies: Barclays commits to only provide financing to oil sand clients who have projects to reduce materially their overall emissions intensity, and a plan for the company as a whole to have lower emissions intensity than the level of the median global oil producer by the end of the decade. Any financing for a company involved in the exploration, extraction, transportation (including the construction of pipelines to carry oil sands), or processing of oil sands, is subject to enhanced due diligence.

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Total: 5 points out of 18

3 points for a strong exclusion of tar sands projects: BBVA prohibits financing for tar sands exploration, production, and transport projects.

2 points for a weak exclusion of tar sands companies: BBVA prohibits financing for clients involved with tar sands without a diversification plan and where this activity represents more than 10% of its total production.

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Total: 7 points out of 18

3 points for a strong exclusion of tar sands projects: BNP Paribas prohibits financing for tar sands exploration, production and pipeline projects.

4 points for a moderate exclusion threshold for tar sands companies: BNP Paribas prohibits financing for companies (a) for which unconventional oil and gas (including tar sands oil) is a significant part of their reserves, (b) for which unconventional oil and gas accounts for a significant share of revenue, or (c) which own or operate pipelines with a significant volume of unconventional oil and gas.

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Total: 5 points out of 18

3 points for a strong exclusion of tar sands projects: CaixaBank prohibits financing for any project related to bitumen extraction, as well as any project linked to the construction of oil pipelines that could potentially transport oil coming from the tar sands. This policy covers new and expanded projects.

2 points for a weak exclusion threshold for tar sands companies: CaixaBank prohibits financing for  companies "where bituminous sand exploration or production accounts for more than 10% of the group’s consolidated turnover at level of parent company." This is assessed as weak because tar sands transportation isn't included in the percentage, which is calculated at the parent company level.

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Total: 0 points out of 18

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Total: 0 points out of 18

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Total: 0 points out of 18

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Total: 0 points out of 18

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Total: 0 points out of 18

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Total: 0 points out of 18

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Total: 0.5 point out of 18

0.5 point for enhanced due diligence regarding tar sands companies: Citi conducts enhanced due diligence for "any client with oil sands operations."

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Total: 1 points out of 18

1 point for a weak exclusion of tar sands projects: Commerzbank prohibits project finance for tar sands extraction.

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Total: 1.5 points out of 18

1 point for a weak exclusion of tar sands projects: Commonwealth Bank prohibits project finance for mining, exploration, or development of tar sands oil. There is no prohibition on pipelines or transportation.

0.5 point for enhanced due diligence regarding tar sands companies: Commonwealth Bank explicitly requires that new oil and gas projects, including tar sands projects, be "in line with the goals of the Paris Agreement". While without further detail on implementation, this does not qualify as a project finance restriction, it does qualify for enhanced due diligence in the sector.

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Total: 3.5 points out of 18

3 points for a strong exclusion of tar sands projects: Crédit Agricole prohibits the direct financing of oil sands projects, as well as pipeline projects mainly dedicated to the transportation of oil produced from oil sands.

0.5 point for enhanced due diligence regarding tar sands companies: Crédit Agricole conducts enhanced due diligence for tar sands companies.

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Total: 3.5 points out of 18

2 points for a moderate exclusion of tar sands projects: Crédit Mutuel prohibits financing for tar sands exploration, production and exclusively dedicated pipeline projects.

1.5 points for the commitment to reduce financing for tar sands companies: Crédit Mutuel will prohibit financing to companies which derive a significant proportion of their revenues from the exploration or production of tar sands.

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Total: 0.5 point out of 18

0.5 point for enhanced due diligence regarding tar sands companies: Credit Suisse has enhanced due diligence for tar sands oil.

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Total: 2 points out of 18

2 points for a weak exclusion threshold for tar sands companies: Danske Bank does not provide financial services to companies that generate more than 5% of their revenues from tar sands exploration and production. This exclusion does not include tar sands infrastructure. Moreover, a company may be exempted from this threshold if it "can demonstrate their commitment, and ability, to phase-out the use and production of fossil fuels in alignment with the 2015 Paris Agreement."

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Total: 0 points out of 18

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Total: 3 points out of 18

3 points for a strong exclusion of tar sands projects: Deutsche Bank prohibits financing new projects and material expansions involving exploration, production, transport/processing of tar sands.

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Total: 1.5 points out of 18

1 point for a weak exclusion of tar sands projects: DNB does not finance upstream open pit mining in oil sand.

0.5 point for enhanced due diligence regarding tar sands companies: DNB conducts enhanced due diligence for new customers that obtain more than 30% of total corporate revenues from open pit mining in oil sands.

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Total: 1 point out of 18

1 point for a weak exclusion of tar sands projects: DZ Bank prohibits financing for tar sands projects. This does not include infrastructure.

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Total: 0.5 point out of 18

0.5 point for enhanced due diligence regarding tar sands companies: Goldman Sachs conducts enhanced due diligence "for transactions relating to oil sands."

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Total: 2.5 points out of 18

2 points for a moderate exclusion of tar sands projects: HSBC prohibits direct finance for greenfield tar sands extraction projects and pipelines.

0.5 point for enhanced due diligence regarding tar sands companies: HSBC has enhanced due diligence for tar sands oil.

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Total: 0 points out of 18

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Total: 0 points out of 18

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Total: 6 points out of 18

2 points for a moderate exclusion of tar sands projects: ING prohibits direct financing for "mining, exploration and upgrading of oil sands, including pipeline infrastructure dedicated to the exclusive use of transporting oil from oil sands." The fact that the pipeline finance prohibition applies only to pipelines exclusively transporting tar sands prevents this policy from earning "strong exclusion."

4 points for a moderate exclusion threshold for tar sands companies: ING prohibits financing for companies >30% reliant on tar sands.

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Total: 7 points out of 18

2 points for a moderate exclusion for tar sands projects: Intesa Sanpaolo will not provide financial products and services to projects aimed at the development, construction and expansion of exploration and extraction activities relating to tar sands, as well as activities relating to transport infrastructures solely linked to exploration and extraction of tar sands. The exclusion only applies to lending, not underwriting.

3 points for a weak phase-out for tar sands: Intesa Sanpaolo will terminate its exposure linked to tar sands by 2030. This only applies to lending, not underwriting.

2 points for a weak exclusion threshold: Intesa Sanpaolo excludes "companies with significant revenues from unconventional resources". The exclusion only applies to lending, not underwriting.

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Total: 0.5 point out of 18

0.5 point for enhanced due diligence regarding tar sands companies: JPMorgan Chase conducts enhanced due diligence for "any transaction with a client involved in oil sands development."

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Total: 0 points out of 18

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Total: 3 points out of 18

1 point for a weak exclusion of tar sands projects: KBC prohibits financing for tar sands exploration and development projects, but not infrastructure.

2 points for a weak exclusion threshold for tar sands companies: KBC prohibits financing for "specialist companies that are only active in the development and extraction of oil and gas fields," which includes some tar sands companies.

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Total: 2 points out of 18

2 points for a moderate exclusion of tar sands projects: Lloyds Banking Group does not finance the exploration, extraction or production of oil from tar sands. It also does not finance projects exclusively dedicated to the transport or storage of oil from tar sands.

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Total: 0.5 point out of 18

0.5 point for enhanced due diligence regarding tar sands companies: MUFG conducts enhanced due diligence for clients planning new projects for the extraction of oil sands.

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Total: 0 points out of 18

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Total: 0.5 point out of 18

0.5 point for enhanced due diligence regarding tar sands companies: Morgan Stanley conducts enhanced due diligence for transactions related to tar sands.

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Total: 1 point out of 18

1 point for a weak exclusion of tar sands projects: NAB prohibits financing for tar sands extraction projects, but not pipelines or transportation.

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Total: 7 points out of 18

3 points for a strong exclusion of tar sands projects: BPCE/Natixis prohibits dedicated finance for tar sands exploration and production, or for pipeline and other midstream infrastructure supplied with 30% or more tar sands oil.

4 points for a moderate exclusion threshold for tar sands companies: BPCE/Natixis prohibits general corporate finance for companies with 30% or more of their activity in tar sands oil exploration, production, transport, storage, or export.

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Total: 1.5 points out of 18

1 point for a weak exclusion for tar sands projects: NatWest does not finance projects involving the exploration and extraction of oil from oil sands.

0.5 point for enhanced due diligence regarding tar sands companies: NatWest conducts enhanced due diligence for companies undertaking the exploration and extraction of oil from oil sands.

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Total: 0 points out of 18

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Total: 10 points out of 18

2 point for a moderate exclusion of tar sands projects: Nordea does not finance or refinance new and pre-construction phase unconventional oil and gas extraction activities or pipelines. Nordea does not provide project financing dedicated to pipelines or the extraction of unconventional oil and gas.

0 points for no explicit prohibition on financing companies expanding tar sands.

3 points for a weak phase-out commitment regarding tar sands companies: Nordea commits to phase out some financing for companies with tar sands operations. Phase-out commitments must cover the entire sector, or at least all companies with >5% exposure.

5 points for a strong exclusion threshold for tar sands companies: Nordea prohibits financing for companies that have up to 20% of their reserves in tar sands, or earn up to 5% of their revenue from tar sands, including infrastructure companies.

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Total: 0 points out of 18

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Total: 0 points out of 18

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Total: 0 points out of 18

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Total: 0 points out of 18

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Total: 3 points out of 18

3 points for a strong exclusion of tar sands projects: Rabobank prohibits financing for tar sands exploration, production, transport, processing, or refining projects.

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Total: 0.5 point out of 18

0.5 point for enhanced due diligence regarding tar sands companies: RBC conducts enhanced due diligence for companies operating in Canada's tar sands sector.

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Total: 5 points out of 18

3 points for a strong exclusion of tar sands projects: Santander prohibits financing for new and expanding tar sands projects, including extraction, refining, and transportation.

2 points for a weak exclusion threshold for tar sands companies: Santander prohibits financing for exploration and production companies where tar sands represents a significant part of their reserves or more than 30% of their activity. This threshold does not appear to cover tar sands infrastructure companies.

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Total: 0 points out of 18

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Total: 0 points out of 18

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Total: 0 points out of 18

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Total: 0 points out of 18

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Total: 10 points out of 18

3 points for a strong exclusion of tar sands projects: SEB does not provide finance to new or expanding unconventional oil and gas projects, which includes tar sands.

5 points for a strong phase-out commitment regarding tar sands companies: SEB will phase-out business relationships with oil and gas companies where more than 5% of revenues are derived from operations relating to unconventional oil and gas, which includes tar sands, by 2030.

2 points for a weak exclusion threshold for tar sands companies: SEB will not enter into new business relationships with companies where more than 5% of revenues are derived from operations relating to unconventional oil and gas, which includes tar sands.

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Total: 4 points out of 18

2 points for a moderate exclusion of tar sands projects: Société Générale prohibits financing for all tar sands exploration and production projects, as well as for "infrastructures exclusively dedicated to the transport or storage of oil from oil sands." Expanding the latter to prohibit financing for infrastructure with any relation to tar sands would move this assessment to "strong exclusion."

2 points for a weak exclusion threshold for tar sands companies: Société Générale prohibits financing for companies that get a majority of their revenue from tar sands for exploration and production or have a majority of their reserves in tar sands.

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Total: 1 point out of 18

1 point for a weak exclusion of tar sands projects: SpareBank 1 SR-Bank will not finance the extraction of tar sands.

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Total: 3 points out of 18

3 points for a strong exclusion of tar sands projects: Standard Chartered's prohibition on direct financing for "new or existing tar sands exploration and/or production activities" also covers tar sands-related infrastructure.

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Total: 0 points out of 18

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Total: 0.5 point out of 18

0.5 point for enhanced due diligence regarding tar sands companies: SMBC conducts enhanced due diligence for oil sands businesses when considering lending.

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Total: 0 points out of 18

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Total: 0.5 point out of 18

0.5 point for enhanced due diligence regarding tar sands companies: Svenska Handelsbanken conducts enhanced due diligence when it comes to companies that are involved in the extraction of unconventional fossil fuels, inclduing tar sands.

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Total: 1 point out of 18

1 point for a weak exclusion of tar sands projects: Swedbank will not directly finance unconventional fossil fuel production such as oil sand.

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Total: 0 points out of 18

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Total: 0.5 point out of 18

0.5 for enhanced due diligence regarding tar sands companies: TD conducts enhanced due diligence for the tar sands sector.

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Total: 0 points out of 18

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Total: 3 points out of 18

1 point for a weak exclusion of tar sands projects: UBS prohibits financing for greenfield oil sands projects.

2 points for a weak exclusion threshold for tar sands companies: 2 points for a weak exclusion threshold for tar sands companies: UBS prohibits financing for companies with ">20% of reserves or production" in oil sands, unless they have ''a transition plan that aligns with the goals of the Paris Agreement'' or if the transaction relates to ''renewable energy or clean technology''. Tar sands pipeline companies are not covered by this threshold.

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Total: 4 points out of 18

2 points for a moderate exclusion of tar sands projects: UniCredit prohibits financing for tar sands extraction projects, as well as "pipelines and other infrastructure SOLELY related" to tar sands -- which does not necessarily include all tar sands pipelines.

2 points for a weak exclusion threshold for tar sands companies: UniCredit requires new and existing clients to get ≤25% of their revenue from tar sands extraction; tar sands pipeline companies are not covered by this exclusion threshold. For existing clients above that threshold, they must have a plan to get below that threshold, to be evaluated annually.

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Total: 0 points out of 18

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Total: 2.5 points out of 18

2 points for a moderate exclusion of tar sands projects: US Bank does not provide project financing of long-term infrastructure or industrial projects, which would include tar sands extraction and pipelines. This prohibition does not appear to cover all forms of direct financing for these projects, and so is assessed as "moderate."

0.5 point for enhanced due diligence regarding tar sands companies: US Bank conducts enhanced due diligence for the oil sands sector.

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Total: 0.5 point out of 18

0.5 point for enhanced due diligence regarding tar sands companies: Wells Fargo conducts enhanced  due diligence "for clients involved in oil sands."

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Total: 1 point out of 18

1 point for a weak exclusion of tar sands projects: Westpac does not provide project finance for oil sands development. This is a weak exclusion as it does not mention mining, exploration, pipelines or transportation.

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ABN AMRO prohibits direct finance for tar sands exploration, processing, transportation, and pipelines.

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Barclays commits to only provide financing to oil sand clients who have projects to reduce materially their overall emissions intensity, and a plan for the company as a whole to have lower emissions intensity than the level of the median global oil producer by the end of the decade. Any financing for a company involved in the exploration, extraction, transportation (including the construction of pipelines to carry oil sands), or processing of oil sands, is subject to enhanced due diligence.

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BBVA prohibits financing for tar sands exploration, production, and transport projects.

BBVA prohibits financing for clients involved with tar sands without a diversification plan and where this activity represents more than 10% of its total production.

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BNP Paribas prohibits financing for tar sands exploration, production and pipeline projects.

BNP Paribas prohibits financing for companies (a) for which unconventional oil and gas (including tar sands oil) is a significant part of their reserves, (b) for which unconventional oil and gas accounts for a significant share of revenue, or (c) which own or operate pipelines with a significant volume of unconventional oil and gas.

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CaixaBank prohibits financing for any project related to bitumen extraction, as well as any project linked to the construction of oil pipelines that could potentially transport oil coming from the tar sands. This policy covers new and expanded projects.

CaixaBank prohibits financing for  companies "where bituminous sand exploration or production accounts for more than 10% of the group’s consolidated turnover at level of parent company." This is assessed as weak because tar sands transportation isn't included in the percentage, which is calculated at the parent company level.

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Commerzbank prohibits project finance for tar sands extraction.

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Commonwealth Bank prohibits project finance for mining, exploration, or development of tar sands oil. There is no prohibition on pipelines or transportation.

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Crédit Agricole prohibits the direct financing of oil sands projects, as well as pipeline projects mainly dedicated to the transportation of oil produced from oil sands.

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Crédit Mutuel prohibits financing for tar sands exploration, production and exclusively dedicated pipeline projects.

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