Progress in 2023
People
The main themes we are reviewing for our people KPIs are inclusiveness, diversity, equality, health and well-being and skills for the future. So far we have collaborated with our assets and human resources and we present below diversity and inclusion, and health and safety KPIs.
Diversity & inclusion
Our heterogeneous and diverse workforce reflects Mercuria’s global mindset and its open and inclusive culture.
Global presence
International workforce
65+
Nationalitites
35+
Locations
Originating from over 65 nationalities, Mercuria’s work-force spans the entire globe and shows the highly international profile of the company.
Gender balance
3
Women on management committees
23%
of managers are women
With woman comprising around one third of the workforce, the company shows an evolving gender equality ratio, at all levels, including in managing positions. We continue to work on ways to further improve the balance of this ratio. Gender equality is an area of focus during our hiring processes around the world.
19-76
Largest age gap
41
Average age
5.4 yrs
Average tenure
Mercuria’s diversity can also be seen from the company’s age profile. Employee ages range from 19 to 76 years old, with the average age being 41. The average tenure of an employee is 5.4 years.
Health & safety
As metrics within the people pillar, Mercuria tracks injuries across its own employees, assets where it has operational oversight, and for any contractors similarly working on our behalf. Intertwined with this and as part of choosing our business partners and service providers, we include within our Know-Your-Counterparty process enquiry into their having HSE standards and commitments that are aligned with our own. While our reporting includes individuals from those partners and service providers that are working for us as contractors, we do not otherwise look to report upon incidents concerning any business our partners’ may have apart from and unrelated to Mercuria’s operations, or events concerning individuals that are not providing services to or acting as a part of the operations within Mercuria’s operational control or oversight.
For clarity in relation to our tracking of injuries, Mercuria’s first interest is solely toward ensuring that individuals will be provided with appropriate medical attention to assess the extent of any injury and to ensure appropriate treatment is provided. With preference for assessment and appropriate treatment, we do not include in our metrics those cases where medical professionals did not conclude an injury exists or an injury was found to only require first aid. While wanting to avoid events resulting in injuries, we will never dissuade individuals from seeking medical attention to help ensure their well-being. We will investigate instances where an injury occurred, or significant near-misses where circumstances almost resulted in injuries. We encourage and expect the involved individuals to assist in those investigations to help our understanding of the factors contributing to the event, and work to ensure that persons suffering injuries are not subject to any negative or punitive impact where their actions were not willfully contrary to policies, procedures or training.
During the 2023 calendar year while the substantial majority of our operations were conducted with no mishaps, we did have 8 instances where individuals experienced injuries where formal medical attention was required, but where the individual fully recovered / healed with no lasting impact. There were no work-related instances reported during 2023 where Mercuria’s employees or contractors working on our behalf suffered more serious injuries resulting in permanent disabilities or death.
* Exclusive of motor vehicle crashes where initial medical attention is offered or given to all parties involved.
** Concerning Mercuria’s employees / contractors.
As Mercuria continues to grow and expand its businesses, we are also mindful of the inherent risks tied to all our physical activities. Accordingly we will continue our endeavors to reinforce training and further improve our operations with the aim of mitigating or minimizing against circumstances that have potential to result in injuries.
Well-being
We are pleased to report on a number of corporate initiatives at Mercuria that demonstrate our commitment to our employees’ well-being. We take pride in our efforts to foster a positive work culture that supports our employees’ well-being, growth, and development and have introduced several programs over the years to improve our employees’ health, safety, and well-being.
Around the world, we make programs available to employees include gym classes, fitness activities, and wellness workshops designed to promote a healthy lifestyle and prevent illnesses.
In North America, these efforts have been recognized by Cigna, a global health services company. In 2023 we were awarded their Silver healthy workforce designation for our commitment to supporting our employees’ health and well-being. The Cigna Healthy Workforce Designation evaluates organizations based on the core components of their well-being program, including leadership and culture, program foundations, program execution, and whole person health.
MM Marine photo competition
At Mercuria we are proud of our seafarers and the extraordinary work they do, spending long periods of time on our vessels. Last year, we held our 2nd annual photography competition for our seafarers across MM Marine to give a glimpse of the lives they lead at sea. The initiative was a huge success and we were overwhelmed with the response – nearly 1000 entries across the 5 categories Life At Sea, Nature & Wildlife, Our Beautiful Oceans, The Environment We Live In, and Vessel Bunkering Operations.
We want to thank everyone who participated in the contest and celebrate the winners;
✔ ‘Smile’ taken by Calabroso Ian. A 3rd Officer onboard ‘MT Paros I’
✔ ‘The Hardest Work Begins in Drydocks’ taken by Allan Christopher Pielago. A Pumpman onboard ‘MT Lefkas’
✔ ‘Sea Passages’ taken by Jeric Cyrome Tardio. An A.B. onboard ‘MT Karpathos’
✔ ‘A Look into the Future’ taken by Lunev Aleksei. A 2nd Officer onboard ‘MT Naxos II’
✔ ‘In Any Weather, We Go to the Goal’ taken by Melnikov lurii. An ETO onboard ‘MT Kassos’
✔ ‘Don’t Wish for it. Work for it.’ taken by Jeric Cyrome Tardio. An A.B. onboard ‘MT Karpathos’
✔ ‘Warriors of Heaven’ taken by Kosov Andrey. A 2nd Engineer onboard ‘MT Andros’
✔ ‘And He said…let there be light!’ taken by Charles Bryan Candava Abe. A Ch. Officer onboard ‘MT Karpathos’
✔ ‘Fleet of MM Marine Work in All Weather’ taken by Lapshin Denis. A Ch. Engineer onboard ‘MT IOS I’
✔✔ Overall winner: ‘From Day to Night’ taken by Mikhail Cherepennikov. A Master onboard ‘MT KASSOS’
‘Smile’ taken by Calabroso Ian
‘The Hardest Work Begins in Drydocks’ taken by Allan Christopher Pielago
‘Sea Passages’ taken by Jeric Cyrome Tardio
‘A Look into the Future’ taken by Lunev Aleksei
‘In Any Weather, We Go to the Goal’ taken by Melnikov lurii
‘Don’t Wish for it. Work for it.’ taken by Jeric Cyrome Tardio
‘Warriors of Heaven’ taken by Kosov Andrey
‘And He said…let there be light!’ taken by Charles Bryan Candava Abe
‘Fleet of MM Marine Work in All Weather’
‘From Day to Night’ taken by Mikhail Cherepennikov
Community Involvement and Social Responsibility
Our engagement with career fairs, disaster relief efforts, and charity partnerships showcases Mercuria’s commitment to making a positive impact. The ongoing support we have provided and the voluntary participation of our staff underlines our dedication to community welfare.
Gardening workshop with Harmony School
Participation in Oil Aid football tournament
WISTA cancer awareness event in UAE
Turkey drive in Texas
45th Course de L'Escalade, Geneva
Houston Corporate 5k
Fei Yue outings
Donations to Depelchin Children's Center
Continue reading
← Planet in 2023
Prosperity in 2023 →
Reporting areas
Governance
Planet
People
