Mercuria CSR Report 2020 - Flipbook - Page 52
Mercuria does not tolerate nor support tax evasion
set of ESG topics and will serve as a first step for the
of any kind, including facilitation of tax evasion by
construction of Mercuria’s Materiality matrix. The survey
any person employed or contracted to or on behalf of
was based on the GRI standards because of their good
Mercuria.
definition of ESG metrics. Finally, we are continuing to
look at the different themes (governing purpose, quality
| MEASURING AND REPORTING ON
PROGRESSES
of governing body, stakeholder engagement, ethical
behavior or risk and opportunity oversight) in order
to consider all aspects of the Governance pillar in our
INTRODUCTION
sustainability strategy.
In the scope of this report, Mercuria will use Key
We continue to enhance and add additional KPIs in
Performance Indicators (KPIs) in order to measure,
order to improve our performance and our reporting.
report and set targets on progresses. These metrics will
be defined so that they can serve as quantifiable tools
that can show the milestones achieved.
MATERIAL TOPICS IMPACTING STAKEHOLDERS
Mercuria has offered its support for the WEF’s
As part of Agenda 2030, Mercuria is currently building
measuring stakeholder capitalism white paper and will
out its materiality matrix. This first step aimed at
aim at including the frameworks’ metrics within the
surveying internally over a range of ESG topics in order
Group’s CSR strategy.
to gather information on what is important to the
business and where is it possible improve – a materiality
We are currently working on producing some metrics
analysis. We also wanted to understand more about
relating to our activities that will reflect our support for
the different sustainability standards available. We
this initiative.
considered numerous sources including the Carbon
Disclosure Program (CDP) corporate indicators, the
Science Based Target Initiative (SBTi), the Sustainability
GOVERNANCE AND ORGANIZATION KPIS
Accounting Standards Board (SASB), the Taskforce
on Climate-related Financial Disclosures (TCFD), the
While it is too early for us to formulate direct Governance
Climate Disclosure Standards Board (CDSB), the Global
and Organization KPIs, we have already recognized
Reporting Initiative (GRI) sustainability indexes, the
the themes that are governing this pillar and have
International Standardization Organization (ISO) norms,
started measuring them internally. A draft-set of KPIs
the RobecoSAM indexes, the SDG impact standards, the
is currently being developed within our organization,
SDG indicators or the WEF ESG metrics. The results of
which is raising awareness on ESG issues throughout
the study can be seen in the figure below.
our organization enhancing our ESG strategy. Likewise
does the Agenda 2030 newsletter, sent regularly to all
Mercuria employees since 2019, which has become the
main communication tool throughout the company on
various ESG initiatives, strategy and developments. As
recognition of the importance of defining material issues
impacting the company’s stakeholders, we conducted
an internal survey which sought employees’ views on a
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