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Geneva - 14th November 2016 Today Trafigura has released its second standalone Responsibility Report. Building on its predecessor a year ago, this report reflects on Trafigura’s progress in implementing responsible business practices and towards meeting our ambition to be corporate responsibility leaders in the commodities trading sector. The Report also gives greater depth to our disclosures of payments to governments under the Extractive Industries Transparency Initiative (EITI) framework. Our 2016 disclosures incorporate 2014 and 2015 data to make the information more timely. This year we are publishing additional data as part of the process including an aggregate figure of payments made by Trafigura to non-EITI countries. This provides further context and demonstrates the challenge ahead in broadening existing EITI coverage. It sets out metrics assessing our performance in managing our Health, Safety, Environment and Communities (HSEC) impacts. It also details concrete measures we have put in place in the past 12 months to drive further improvement and sets targets and KPIs for the future. Download a copy of the 2016 Responsibility Report Founded in 1993, the Trafigura Group has become one of the world’s leading independent commodity traders, specialising in the oil, minerals and metals markets. The company has achieved substantial growth in recent years, growing revenue to USD127.6 billion in 2014. Primary trading activities are the supply and transport of oil and petroleum products and metals and minerals. The trading business is supported by industrial and financial assets including global oil products distribution company Puma Energy; joint venture company DT Group; global terminals operator Impala; Trafigura’s Mining Group and Galena Asset Management. The Trafigura Group is owned by 600 of its 5,300 employees who work in 36 countries around the world. The Group has been connecting its customers to the global economy for more than two decades, growing prosperity by advancing trade. Trafigura Beheer B.V. press release |
