Sustainability at Targray
Governance
Ethical behavior is a fundamental value that guides our actions and decisions
Ethics & compliance
Our Risk and Compliance Departments work to provide guidance and enhance processes to manage and mitigate risks and anticipate others that exist within the commodities sector. Our goal is to maintain high ethical standards and comply with all relevant rules and regulations wherever we operate.
Code of Business Conduct
Cybersecurity & Data Privacy
We understand the operating risks and importance of securing personal information. We are investing to meet evolving data security expectations and regulations through employee trainings, engaging independent third parties for penetration testing and ensuring rigorous oversight.
Counterparty Due Diligence
Key to the assessment of Targray counterparties is our Know Your Counterparty (KYC) onboarding and monitoring policy and processes. In 2022, we carried out approximately 360 KYC onboarding checks, of which 21% of counterparties assessed were not approved, while 79% were approved and onboarded.
Governance Structure
To execute our sustainability strategy, we initiated a cross-functional Sustainability Committee comprised of leaders from several jurisdictions and developed our 2023 plan. Committee members were selected based on their diverse expertise and commitment to sustainable leadership.
“Targray’s foundational belief in doing the right thing combined with our compliance program play a pivotal role in helping fulfill our mission – to provide sustainable commodity solutions for a world in transition.”
Janine Peter, CFO