Partner organisation Reclaim Finance tracks the coal, oil and gas policies of financial institutions, including banks, in their Coal Policy Tool (CPT) and the Oil and Gas Policy Tracker (OGPT). BankTrack works closely with Reclaim Finance and endorses their policy assessments. Find further details on their assessment of ABN Amro’s fossil fuel policy below.

BankTrack assessed ABN AMRO in its 2022 Global Human Rights Benchmark, where it achieved 8.5 points out of 14 and was ranked as a front runner. In addition, ABN AMRO scored 0 out of 3 on how it responds to alleged human rights violations linked to its finance, which were raised by civil society organisations. More information is detailed in the "Accountability" section of this profile.

ABN AMRO’s policies for forest-risk sectors (beef, soy, palm oil, pulp and paper, rubber and timber) have been assessed by the Forests & Finance coalition, achieving an overall score of 7.2 out of 10 and ranking it as a leader. ABN AMRO achieved a score of 5.9 out of 10 specifically for its policies related to the beef sector and 7.2 out of 10 for its policies related to the palm oil sector. In addition, BankTrack and the Environmental Paper Network have assessed ABN AMRO's policies related to the pulp and paper sector.

Between 2016 and 2022, ABN AMRO provided USD 1,912 million in credit to companies operating in these forest-risk sectors and held investments amounting to USD 1 million as of 2022.  For more information, see the links below.

ABN AMRO is a member of the Net Zero Banking Alliance (NZBA) and has therefore committed to reduce its financed emissions to net zero by 2050; within 18 months of joining the alliance set interim targets for 2030 (or sooner) for high emission priority sectors, and within 36 months set further sector targets; set new intermediary targets every 5 years from 2030 onwards; annually publish data on emissions and progress against a transition strategy including climate-related sectoral policies; and take a robust approach to the role of offsets in transition plans. BankTrack track's implementation of these commitments in the NZBA compliance tracker.

BankTrack is keeping track of the public response of ABN AMRO to Russia's illegal invasion of Ukraine. ABN AMRO has publicly condemned the war. ABN AMRO's status of operations in Russia is "unclear". We consider its exposure to Russia as limited. ABN AMRO supports the Russian fossil fuel industry through investments, loans and underwriting. For further details, see the table linked below.

As part of the Net Zero Banking Alliance (NZBA), ABN Amro is required to set interim targets for 2030 for high emission priority sectors. For ABN Amro, this includes its lending to the steel sector. You can see ABN Amro’s iron and steel decarbonisation targets, and its progress towards meeting them in our NZBA steel targets compliance tracker:

Partner organisation Reclaim Finance’s 2023 report on metallurgical coal financing showed that ABN Amro provided US$ 3.3 billion in loans and underwriting to developers of new metallurgical coal between 2016 and 2022. Find further details on ABN Amro’s metallurgical coal financing and and how it compares to other large banks globally in the report.

Reclaim Finance also tracks the metallurgical coal policies of financial institutions, including banks, in their Coal Policy Tool. BankTrack works closely with Reclaim Finance and endorses their policy assessments. Find further details on their assessment of ABN Amro metallurgical coal policy below.