Mercuria CSR report 2023 - Flipbook - Page 28
PLANET 2023
RISKS
HORIZO
N *
POTENTIAL FINANCIAL
IMPACTS
MITIGATION MEASURES
Physical risks
Acute
Extreme weather events
affecting our assets
SML
Reduced
revenue
from
To protect our assets from extreme weather events, we
decreased
production
implement rigorous due diligence processes that focus on
capacity and damage of
health, safety and comprehensive emergency measures.
assets.
Chronic
Changes in precipitation
patterns and extreme variability
in weather patterns
Rising mean temperatures
SML
Reduced mobility of our
vessels, leading to longer We have strengthened our shipping and freight team with
routes and higher costs. exceptional expertise, optimizing shipping routes and
Example is the Panama effectively minimizing costs.
Canal drought in 2023.
SML
Our health and safety team actively monitors the working
Reduction
in
workforce
conditions of our employees, particularly those in the field, and
productivity,
increasing
develops comprehensive mitigation strategies to adapt to
health-related absences.
increasing mean temperatures.
*Horizons are short 1 year (S), medium 2-5 years (M), and long above 5 years (L)
OPPORTUNITIES
HORIZO
N *
POTENTIAL FINANCIAL
IMPACTS
ADOPTION MEASURES
Resource efficiency
Vessels with higher ton-mile, We have transitioned to greener, more efficient vessels,
leading
to
reduced enhancing our operational sustainability and positively
operational costs.
impacting our profitability.
Optimizing shipping and using
more efficient modes of transport
SML
Waste management
SML
Enhanced
resource We have policies set to optimize waste management for our
efficiency has resulting in offices and assets. We use recycled water in mines and invest
reduced operating costs.
in assets focused on circularity.
Use of greener energy sources
SML
We diversify our traded products, making our business
Reduction in long-term dominated by gas and power instead of oil. We investigate
energy costs and access to potential green sources of energy in our assets. We use LED
more customers.
lights in warehouse facilities and use waste as a production
input in different assets.
Investment in greener technology
-ML
Increased
revenue
as
We continue to diversify our portfolio to meet changes in
demand for low emission
customer preferences and open new revenue streams.
products increases.
SML
We diversify the product types we trade and invest in a broad
Investments in new markets
array of assets across various geographies, thereby
increasing revenue streams.
increasing our revenue streams.
SML
Reduction
emissions.
SML
Investing in assets that use
waste
as
input.
This
We are expanding our investment portfolio by continually
increases efficiency, opens
adding assets that convert waste into green energy.
new revenue streams, and
reduces waste.
Energy source
Markets
Access to new markets
Resilience
Access to efficient energy
Investing in circular economy
in
costs
and
Our trade of cleaner forms of energy and investments in
greener energy provide cross-operational synergies and
access to more efficient energy resources.
*Horizons are short 1 year (S), medium 2-5 years (M), and long above 5 years (L)
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