Mercuria CSR Report 2024 - Flipbook - Page 12
GOVERNANCE 2024
MATERIALITY ANALYSIS
In 2024, Mercuria expanded its approach to Materiality
Analysis to reflect a broader, more inclusive perspective on
Environmental, Social, and Governance (ESG) topics.
Building on our previous GRI-based approach, this year’s
assessment also aligned itself more closely with the
suggested material topics outlined in the European
Sustainability Reporting Standards (ESRS), particularly those
in ESRS 1 Appendix AR 16. Many of the sustainability matters
included continue to reflect the priorities of the Agenda
2030 for Sustainable Development as in previous years.
In addition, this year we adopted a multi-stakeholder
approach. Our analysis considered the potential impacts,
risks, and opportunities across our operations, including an
analysis of the due diligence requests we receive from
counterparties, banks and partners to better understand
external expectations and views on ESG topics that are
material to Mercuria. We also conducted our annual
The first figure (above) presents the results of the employee
survey. Employees assessed how well Mercuria is addressing
various material topics (y-axis) relative to how important
these topics are to the company (x-axis). Each topic was
rated on a scale from 0 (not relevant / not material) to 3
(material and strategy-defining). All topics received scores
above 2, indicating that employees consider them material
to Mercuria. Most data points align closely with the diagonal
line, suggesting that Mercuria’s performance generally
employee survey to ensure internal perspectives remain
part of our process. The survey is anonymous to ensure the
integrity of responses.
The broader scope allowed us to gain insights into the most
relevant topics to Mercuria from multiple stakeholders’
perspectives. In parallel, we continue to update our climaterelated risks and opportunities in line with the TCFD
framework as we grow our business into new trade /
operation streams and publish the results, offering a view
into potential financial material risks and opportunities.
This enhancement in approach strengthens our
understanding of what topics are most material to our
business, helps us align our strategy accordingly and
prepares us for future regulatory developments.
matches employees’ expectations. The positioning just
below the diagonal highlights that employees hold the
company to high standards4pointing to opportunities for
continuous improvement.
Mercuria Corporate Social Responsibility Report 2024 | 12
