Progress in 2024

Welcome

Welcome to our CSR report for 2024

We are excited to share the progress we’ve made as a company this year, driven by strategic decisions that align with a sustainable future.

In 2024, we have continued to invest in the energy transition and to prioritize the preservation of nature and biodiversity. Through Silvania, our biodiversity investment fund, we remain dedicated to maintaining nature’s balance and preserving our planet. Through our expansion into metals, we play a key role in supplying the critical minerals and metals essential for the global energy shift. Across all of our activities, we are committed to the highest ethical standards and responsible business practices that safeguard both human rights and the environment.

Marco Dunand

CEO

At Mercuria, we pride ourselves on setting high standards in relation to responsible trading. We continuously enhance our policies to align with the latest regulations and promote best practices. Our Business Principles emphasize ethical and responsible conduct, ensuring the integrity of our operations and supply chains. They reflect our commitment to human rights, societal and environmental responsibilities, the safety and rights of our employees, and thrive for building a sustainable future. Our robust compliance culture is integrated throughout our business, providing every employee with the knowledge, resources and support needed to conduct their work to the highest ethical and compliance standards.

We have committed $500 million to nature-based solutions, through Silvania, focused on biodiversity and sustainable reforestation. In 2024, we expanded our efforts to encompass projects in over 20 countries, conserving more than 29 million hectares of land. Leveraging our expertise as a carbon trader and project developer, we deliver high-integrity nature-based initiatives worldwide. By incorporating advanced technologies like remote sensing and satellite imagery, we enhance project development, monitor progress, and ensure the traceability and accountability of carbon credits. This unique combination of market expertise, global reach, strong reputation, execution capability and technical innovation enables us to build sustainable businesses dedicated to protecting and restoring nature.

Our expansion into the metals business reaffirms our commitment to the energy transition. We previously set a goal of directing 50% of our investments toward the energy transition by 2025, a target we successfully met ahead of schedule. To further this commitment, we have strengthened our metals business to supply the critical metals essential for a low-carbon future.

We recognize that metals and minerals often involve operations and supply chains in high-risk areas, posing various human rights and environmental challenges. Our robust compliance procedures are crucial to addressing these risks, maintaining transparency across our supply chains, and ensuring full compliance with the regulations of all jurisdictions in which we operate and those impacted by our supply chain. We are committed to promoting ethical and responsible practices across all the regions we engage with, with a particular focus on high-risk areas and critical commodities.

We continue to diversify our portfolio and provide a wide range of energy solutions for people around the world. While the global shift toward renewable energy is essential, we must also recognize that many underprivileged communities still rely on traditional energy sources to meet their basic needs. We are committed to addressing the diverse energy needs of the global community, ensuring no one is left behind in the energy transition.

We are committed to driving innovation through strategic investments, forward-thinking practices and transformative projects. To leverage artificial intelligence (AI) and strengthen our expertise, we are integrating AI specialists at all levels—from interns and young professionals to seasoned experts. This diverse talent pool is exploring how AI can be incorporated into our daily operations and at a strategic level. Through process optimization, we aim to enhance efficiency, precision, and the overall impact of our initiatives, ensuring sustainable growth and long-term success.

Marco

Marco Dunand

CHIEF EXECUTIVE OFFICER

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