Moving Energy

Responsibly

Human Rights

Gunvor assigns the highest priority to respecting and promoting Human Rights across all of its activities. The company aims to treat everyone fairly, with respect and dignity, and is committed to respecting all internationally recognized Human Rights. Gunvor recognizes that its activities may positively or adversely impact Human Rights conditions in areas where it operates and is committed to identify and assess those adverse impacts and act towards improvement.

Since 2018, Gunvor has been working to implement the United Nations Guiding Principles on Business and Human Rights and has made significant progress in strengthening the company’s processes, with the help of its partner twentyfifty.

Gunvor has now embedded Human Rights in its Code of Conduct, training, vetting, Know Your Counterparts (KYC) and contracting processes, and the company is working on identifying, assessing and remediating adverse impacts at different levels of control in its assets and supply chain. Gunvor continues to make steady progress and remains on track with its defined plan.

2024 Objectives

Assess all sites and JVs of the Group on Human Rights and develop a corrective action plan if needed

Conduct an assessment of 3 additional Gunvor’s critical suppliers

Conduct an assessment of Human Rights in all next assets and JVs within 12 months

Assess Gunvor’s critical suppliers against Human Rights