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economy The Gunvor Group, with Sweden's Torbjörn Törnqvist as CEO and principal owner, has decided to incorporate the UN's guiding principles on business and human rights into its activities, the Swiss group writes. of the oil trade in a press release.
The decision is announced in connection with the fact that Switzerland at federal level has requirements in this area, in order to encourage oil companies to better identify and manage the adverse effects of the oil trade.
"Gunvor has the responsibility to defend human rights and to act as a good citizen of society," writes Torbjörn Törnqvist in a commentary.
According to Gunvor, the company, with the help of the Twentyfifty consulting agency, has already started to apply the UN guidelines in its activities, in the form of new procedures, training and a an update of the terms of the contract.
Gunvor, which has 1,600 employees, annually sells about 2.7 million barrels of petroleum products and had a $ 63 billion turnover last year.
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