STAKEHOLDER ENGAGEMENT

Our ability to create long-term sustainable value depends on our ability to create value for others. Balancing the needs, interests and expectations of our stakeholders with those of the group in a dynamic and ongoing process is critical to secure PG’s success and the sustainability of its operations.

With the changing business environment, PG strive for better understanding of risks and opportunities associated with new and emerging business trends which help us evaluate their impact on economic, environmental and social aspects. Our ambition is to create long-term sustainable value for our stakeholders and for society as a whole and to create an environment which is safe and healthy for the coming generations.

As a global supply and logistics company, PG is involved in the movement of crude, fuel oil, gasoline and distillates throughout the world via ships, barges and trucks, all of which carry an inherent risk. However, through robust safety policies, training and inspections, PG has to date successfully managed to prevent environmental accidents occurring throughout its operations.

Objective assessments of our business and activities enable us to identify issues quickly, while helping to craft solutions to mitigate risks. PG maintains a robust and independent internal audit, as well as participates regularly in voluntary, external, third-party reviews from leading audit organizations.

PG engagement in Sustainable Development Goals

PG has been working to implement the United Nations Guiding Principles on Business and has made significant progress in strengthening the company’s processes, with the help of an external partner. PG has now embedded Human Rights across critical aspects of our business, and we have a clear road map for the development of robust programs to address our entire business.