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Our approach

With the commodity trading sector under increasing scrutiny, we are building a more robust and resilient business model by connecting our activities with what matters most to our stakeholders.  We engage with stakeholders locally, nationally and internationally in our day-to-day business dealings. We also engage more formally through a materiality assessment process that identifies stakeholder priorities and concerns.

As a major facilitator of global trade, we believe that natural resource wealth should benefit populations in the countries where we operate. We advocate increased disclosure as a means of holding governments to account in resource-rich countries. Since 2014, as active participants in the Extractive Industries Transparency Initiative (EITI), we have been disclosing our payments to participating governments.

$3.2bn
Aggregate first purchases from NOCs in EITI countries in 2018
2018
3.2
2017
2.7
$35.8bn
Aggregate first purchases from NOCs in non-EITI countries in 2018
2018
35.8
2017
30.0