Mercuria CSR report 2022 - Flipbook - Page 3
WELCOME
Welcome to the Mercuria 2022 Corporate Social Responsibility (CSR)
report.
Each year we publish our CSR report as a means to communicate
with all of our stakeholders about the strategy of our company as it
relates to sustainability, social responsibility and governance.
We take this opportunity to report on our performance and to
explain the progress of our company during the previous year.
We pride ourselves on our strong corporate
governance and culture, we take seriously our
role in the global commodity supply chain and
operate in a manner that is consistent with our
Code of Conduct and our strong Compliance
policies. We recognize the importance of
conducting our business in an ethical and
responsible way and it is my personal mandate
to all Mercuria employees that all of our
activities must meet the high standards of
behaviour expected by the management team
and our stakeholders.
2022 was a volatile year in the commodity
markets due to a number of significant factors
which caused high and volatile prices. The
markets were stress tested in a way that they
hadn’t been before which presented
challenges for all. In these types of market
conditions Mercuria brings value to the
markets in the form of helping to balance
supply and demand and reducing volatility.
Mercuria’s expertise across all aspects of
trading and its strong balance sheet mean we
are able to help provide stability to the
markets.
03
Marco Dunand
CHIEF EXECUTIVE
OFFICER
Mercuria’s main focus is on the supply of
Energy around the world. Energy is a critical
resource which comes in many forms and is
needed by individuals, companies and
infrastructure alike. The war in Ukraine has
prompted many changes to the Energy
markets and particularly has changed the flows
of how and where Energy is traded around the
world. The Energy markets have been
disrupted as a result of this and many other
factors and the industry and policy makers are
facing what is commonly referred to as the
Energy Trilemma.
The Energy Trilemma refers to the need to
balance energy security, affordability and
environmental sustainability, all of which are
critical priorities. You can read more about this
on the Energy Mix page within the Planet
section. We believe that all of these
components are critical and therefore we are
focused on progressing the transition in a way
that is realistic and considers all of these
factors, we believe that we are in a position to
drive the transition as we can act with speed
and scale.
Mercuria
CSR Report 2022