Responsibilities
We are committed to advancing business responsibly by promoting transparency, standardization, and a level playing field in the industry.
Our responsibilities
Corporate social responsibility
Our CSR reports enable us to inform our stakeholders on how we think about, implement and track our environmental, social and governance (ESG) performance and our commitments to being a responsible business.
UN SDGS
Sustainable development goals
Mercuria undertakes all of its activities with the highest regard for the wellbeing of people, places and the environment. In 2019 we launched our Agenda 2030 program in support of the UN’s Sustainable Development Goals. As we continue to evolve and develop, we are integrating this broad effort into our daily activities and wider company culture.
55k+
Vessels screened each year and over 10k cargo inspections
3000+
Know-your-counterparty checks conducted annually
170+
Regulators overseeing our activities around the world
Corporate statements
Modern slavery
In all areas in which we operate we aim to act with respect to the local communities’ cultural heritage, customs and rights; including those of indigenous peoples.
Conflict minerals
Mercuria has committed itself to sourcing products from companies that share our values with regard human rights, ethics and environmental responsibility.
Responsible supply chains
Our integral role within the supply chain helps our clients and business partners buy, sell and ship the raw materials they need. We look to conduct our business with integrity and transparency, carrying out appropriate risk assessments of supply chains through on-the-ground checks.
UK tax strategy
In accordance with the Group’s Code of Conduct, Mercuria pursues an open, transparent and trust-based relationship with tax authorities.
Ruggie principles
UN guiding principles on business and human rights
Mercuria supports and practises these principles in our business dealings and we expect our employees and the companies that we work with to follow fair labor practices. We will refuse to conduct business with those who would use forced or slave labor.
Guidance on implementing the principles
The guidance implemented in November 2018 by the SECO and the FDFA, is a key document for the commodity trading sector and for Mercuria. We are pleased to implement the principles documented as part of our core business processes and practices
Partnerships and memberships
HUB Ocean
In May 2021, Mercuria announced an important strategic partnership with HUB Ocean, a non-profit, technological foundation that is dedicated to unlocking and sharing ocean data.
MACN
We are a proud supporter and a member of the Maritime Anti-Corruption Network (MACN), a global business network working towards the vision of a maritime industry free of corruption that enables fair trade to the benefit of society at large. MACN works to increase transparency and accountability.
Payments to governments
As part of our commitment to transparency, we have published an official report on transparency of payments to governments since 2016. This report details payments made by Mercuria and its subsidiaries relating to extraction activities for the latest calendar year.
Acting responsibly
We are proud of our reputation for corporate social responsibility. Read more in our latest CSR report.
