At Trafigura, we are committed to conducting business with integrity, professionalism and diligence.
As a company that employs over 10,000 people across 48 countries, trading over 365 million metric tonnes of commodities around the world annually, we recognise the impacts of our activities, both positive and negative, on people and the environment, and the importance of acting responsibly at all times.
Our ambition is to grow prosperity and create long-term sustainable value for our stakeholders and for society as a whole. We strive to create this value by centring our efforts on, and setting clear ESG performance targets around, the following five key responsibility objectives.
Our approach to responsibility
Trafigura measures its performance against responsibility objectives in five key areas.
Putting our policies into action
The Corporate Responsibility Policy and HSEC Business Principles that underpin our approach are aligned with the UN Guiding Principles on Business and Human Rights (UNGPs). They are regularly reviewed to reflect our stakeholders’ evolving expectations and keep pace with emerging best practice for multinational corporations. Our Code of Business Conduct sets out minimum expectations for all employees and business partners. We actively encourage business partners and other entities directly linked to our business operations, products and services to align with and implement comparable standards.
Our governance structure is aimed at ensuring that each of our policies is implemented consistently across our organisation.
Mapping what matters - our salient risks
In order to support our Responsibility Framework, we identify and assess actual and potential adverse impacts that the Group could cause, contribute to or be linked to, either through our own activities or as a result of our business relationships. This identification process, reviewed annually, draws on expertise within the Group and involves extensive consultation with potentially affected groups and other relevant stakeholders.