We comply with applicable sanctions, embargoes and trade controls.
Our key Values to consider
Safety
Openness
Integrity
Simplicity
Responsibility
Entrepreneurialism
What does our commitment mean in practice?
Given sanctions and trade controls are constantly changing, we check the Glencore Compliance intranet page for sanctions developments and consult with Compliance when unsure
We collect and provide to Compliance all relevant information regarding transactions and business partners to assess the risks of sanctions violations
We screen our business partners and vessels against sanctions lists
We remain alert for red flags that indicate a risk of a sanctions violation
SANCTIONS AND EMBARGOES
Laws, regulations and compulsory measures enacted by governmental authorities or supranational organisations such as the UN to prohibit or restrict doing business with certain individuals, groups, entities, vessels, aircraft, regimes, countries or territories
TRADE CONTROLS
Trade restrictions imposed by government authorities or supranational organisations against certain countries, organisations and individuals. Examples of trade controls include import and export restrictions and anti-boycott laws