Mercuria CSR Report 2024 - Flipbook - Page 6
ESG REPORTING COMMITMENT
Mercuria is proud to be among a leading coalition of businesses
across industries committed to the Stakeholder Capitalism
Metrics. Introduced by the World Economic Forum (WEF) and its
International Business Council (IBC) in 2020, these metrics
provide a standardized framework for companies to measure
and disclose their long-term value creation for all stakeholders.
At Mercuria we are keen on industry collaboration and cooperation to bring more
standardization to the transparency and operation of the commodity supply chain. 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.
Marco Dunand | CEO, Mercuria
STAKEHOLDER CAPITALISM METRICS
The Stakeholder Capitalism Metrics, drawn from
established voluntary standards, offer a set of 21 core,
universally comparable disclosures focused on four key
areas: People, Planet, Prosperity and Principles of
Governance. These metrics address issues deemed most
critical for business, society and the planet, serving as an
industry-agnostic, region-independent tool for companies
to report on their sustainability efforts. By facilitating
benchmarking and progress tracking, they enhance
transparency and accountability, ultimately promoting
effective decision-making and shared, sustainable value
creation.
Mercuria’s commitment to this initiative manifests in the
following ways:
•
INTEGRATION
INTO
REPORTING:
We
actively
incorporate the core metrics into our reporting for
investors and other stakeholders, utilizing platforms
such as our reports, financial statements, and other
relevant materials. This reporting focuses on the metrics
most relevant to our specific business model, or
transparently explains alternative approaches when
relevant.
•
ADVOCACY AND COLLABORATION: We actively support
collaboration and encourage our business partners to
get involved. We recognize the importance of industrywide collaboration in driving this initiative forward and
promoting shared advancements.
•
STANDARDIZATION AND CONVERGENCE: We actively
contribute to efforts aimed at converging existing
Environmental, Social, and Governance (ESG) standards,
frameworks and principles. The focus on aligning nonfinancial reporting practices on common ESG metrics
ultimately leads to a more globally accepted and
effective solution for sustainable development.
Our Corporate Social Responsibility (CSR) reporting
demonstrates a proactive approach to Environmental,
Social, Governance (ESG) reporting. Prior Corporate Social
Responsibility (CSR) reports already reflect the recording
and disclosure of several metrics aligned with the WEF
white paper. We are continuously refining our program to
ensure comprehensive and relevant data collection and
disclosure regarding our business’s impact on all
stakeholders.
Mercuria Corporate Social Responsibility Report 2024 | 6
