Mercuria CSR report 2023 - Flipbook - Page 11
GOVERNANCE 2023
they are perceived by Mercuria.
In the second figure, we analyse some of the
questions that stood out. Regarding economic
topics, Anti-corruption, Anti-competitiveness
Behaviour and our approach to Tax and Risk
Governance were rated among the highest,
both on how they are perceived by our
employees and by Mercuria. This highlights
how important these topics are and how we
excel in our governance and compliance
procedures. Conversely, the Procurement
Practices spending on local suppliers or underrepresented groups scored the lowest out of all
the questions, albeit still a score above a 6 out
of 10, which aligns with our organizational
operations. Given our core competency in
bridging global supply and demand to enhance
value across the commodity supply chain, our
emphasis naturally gravitates towards a global
framework.
Regarding Environmental topics, we analyse
the results of Environmental Compliance,
Energy Consumption of Mercuria, Biodiversity
Protection, Greenhouse Gas (GHG) Emissions
and Supplier Environmental Assessment. Again,
Environmental Compliance is rated the highest.
All other Environmental topics are highly rated
with a difference in score comparing how it is
perceived by our employees and by Mercuria of
less than 0.7. We believe that our actions,
including net-zero commitment, emissions
reporting, Scope 1 and 2 emissions offsetting
and investment into green energy and
biodiversity all contributed to this high
evaluation.
Regarding Social topics, we are rated very high
on topics related to our operations. The highest
rating is given for having no association with
child labour, which reflects our robust due
diligence procedures, risk management and
compliance
structure.
The
highest
discrepancies were observed in areas
concerning Employee Development, Benefits,
Personal Trainings and Office Ergonomics. Our
employees are our most valuable assets,
embodying the spirit and strength of our
organization. Recognizing this, we are
committed to diligently addressing any
discrepancies and challenges that were
documented in this Materiality Analysis. We
commit to placing a heightened focus on the
personal training, development and overall
well-being of our team members. It is our firm
belief that by investing in the growth and
fulfillment of our employees, we not only
benefit our employees but also enhance the
vibrancy and effectiveness of our workplace.
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