Mercuria CSR Report 2021 - Flipbook - Page 86
WEF ESG REPORTING
COMMITMENT LETTER
Mercuria Energy Group joined a growing coalition of 61 top business leaders across industries to
announce a commitment to the Stakeholder Capitalism Metrics; a set of ESG metrics and disclosures
released by the WEF and its International Business Council (IBC) in September 2020 that measure the
long-term enterprise value creation for all stakeholders.
The Stakeholder Capitalism Metrics, drawn from existing voluntary standards, offer a core set of 21
universal, comparable disclosures focused on people, planet, prosperity and principles of governance
that are considered most critical for business, society and the planet, and that companies can report on
regardless of industry or region. They strengthen the ability of companies and investors to benchmark
progress on sustainability matters, thereby improving decision-making and enhancing transparency
and accountability regarding the shared and sustainable value companies create.
These leaders and their organizations have committed to:
•
Reflect the core metrics in their reporting to investors and other stakeholders (e.g. annual report,
sustainability report, proxy statements, or other materials) by reporting on the metrics most
relevant to their business or briefly explaining why a different approach is more appropriate
•
Publicly support this work and encourage their business partners to do so
•
Promote the further convergence of existing ESG standards, frameworks and principles to support
progress towards a globally accepted solution for non-financial reporting on common ESG metrics
“At Mercuria we are keen on industry collaboration and cooperation to bring more standardization to the
transparency and operation of the commodity supply chain,” said Marco Dunand, CEO of Mercuria. “We
see progress in these areas as key to promoting and facilitating the energy transition through encouraging
efficiencies and development. We welcome this initiative as an important step forward.”
Mercuria has already begun recording and disclosing some of the metrics suggested in the WEF white
paper and we are currently working on our program and time line for collection and disclosure of the
most relevant metrics to our business.
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