Mercuria CSR Report 2020 - Flipbook - Page 47
MERCURIA’S BUSINESS PRINCIPLES
As an extension of Mercuria’s Code of Conduct, Mercuria’s Business Principles provide the six guiding principles
for how we conduct business. THEY ARE:
WE COMPLY WITH ALL APPLICABLE LAWS, RULES AND REGULATIONS.
• Mercuria maintains open, favorable relationships with its regulators across the globe. Every Mercuria employee
is held accountable for knowing, understanding and complying with the rules and regulations applicable to their
trading activity or back-office support function.
WE ENSURE ALL OF OUR RECORDS ARE ACCURATE AND REFLECTIVE OF
MERCURIA’S FINANCIAL POSITION.
• We will never falsify business records, or submit misleading information to any regulatory agency or financial
institution. All business records must be maintained in accordance with Mercuria’s Record Retention Policy.
There is zero tolerance for violation of this principle.
WE CONDUCT ALL OF OUR BUSINESS WITH INTEGRITY.
• Mercuria has a robust Know-Your-Customer procedure that all counterparties are required to be cleared through
before any transaction can be executed. The process is intended to ensure that all of Mercuria’s counterparties
meet standard legal and ethical requirements. The KYC process also helps to raise awareness regarding treatment
of governmental agencies and politically exposed persons in order to ensure Mercuria employees interact with
those counterparties in appropriate, permissible ways and never risk having the appearance of trying to unduly
influence their behavior or decisions.
WE TREAT ALL OF OUR EMPLOYEES WITH RESPECT.
• Our employees are our greatest asset. One of the most valuable characteristics of our workforce is its diversity;
our workforce is diverse with respect to geography, culture, education and work experience. We encourage the
diverse thought process of our employees, and are more successful because respectful, open dialogue among
teams results in the best, efficient business solutions.
WE ARE COMMITTED TO CONDUCTING OUR BUSINESS IN A RESPONSIBLE AND ETHICAL MANNER.
• Mercuria holds itself to the highest legal, ethical and moral standards. As an extension of this principle, Mercuria
recently signed the Commitment to Adopt and Implement the Stakeholder Capitalism Metrics of the International
Business Council of the World Economic Forum (the Commitment). By signing, Mercuria has committed to
work to encourage progress toward a systemic solution for environmental, social and governance considerations
relevant to long-term value creation by reporting on metrics to demonstrate its progress in these areas. This
expresses another way Mercuria is committed to improving the communities in which it operates.
WE PROTECT THE REPUTATION OF MERCURIA AT ALL TIMES.
• These Business Principles coupled with the Code of Conduct as a whole ensure that Mercuria goes beyond just
complying with applicable laws, rules and regulations. We challenge ourselves to be excellent corporate citizens
by acting with integrity in our business transactions, and in the communities and the environment in which we
operate.
47
