Gunvor trades palm oil mill effluent, a waste of palm oil, in line with the EU Green Deal. The commodities and geographies from where the product is purchased present a high risk of child and forced labor. To that end, the Company works with its suppliers to understand how they ensure that the POME oil sourced is exempt from such violations. This means increasing visibility on the higher supply chain, especially on palm oil plantations. In 2025, we plan on continuing that engagement with suppliers and systematizing our approach to ensure higher traceability of products and respect human rights standards. 

Metals and minerals desks follow a strict KYC process, with escalation to sustainability teams. Gunvor works existing certification schemes, perform sustainability reviews for all new counterparties. Based on their level of risk, and the type and brand of metal purchased will trigger further engagement and checks. We also ensure that the markets we purchase from have specific standards, like the London Metals Exchange, and follow the OECD Due Diligence Guidance for Responsible Supply Chain.