At Azaman Global Commodities (Azaman), we believe that success is not just measured by profit, it is defined by the positive impact we create for the environment, society, and all our stakeholders. As a leading player in the commodity trading industry, our responsibility goes beyond delivering value; it is about conducting our operations with integrity, sustainability, and respect for people and the planet.
Our Environmental, Social, and Governance (ESG) Policy is a blueprint for how we embed responsible practices into every stage of our business, across Africa and beyond.
1. Environmental Stewardship
Mining and production inevitably affect the environment, but at Azaman, we strive to ensure that our footprint is as light as possible. We are committed to sustainable resource use, cleaner production, and protecting biodiversity in all areas where we operate.
Our Commitments:
· Full Compliance: We meet and, where possible, exceed local, national, and international environmental regulations.
· Resource Efficiency: We continuously work to reduce waste, water, and energy use, employing modern technologies to limit dependence on non-renewable resources.
· Waste Management: We promote reuse, recycling, and safe waste disposal, ensuring minimal environmental harm.
· Biodiversity Protection: We safeguard ecosystems, restore impacted land, and protect wildlife habitats.
· Carbon Reduction: We aim to cut greenhouse gas emissions, adopt cleaner energy sources, and support global climate change initiatives.
2. Social Responsibility
We see our operations as an opportunity to create lasting benefits for the communities we work in. Our goal is to foster strong partnerships, improve quality of life, and ensure that our presence leaves a positive social legacy.
Our Commitments:
· Community Engagement: We maintain open dialogue with local communities, prioritize local hiring, and support regional economic growth.
· Health & Safety: We uphold strict HSE standards, ensuring safe workplaces through training, regular risk assessments, and compliance with international safety guidelines.
· Human Rights: We respect human rights in line with ILO standards, prohibiting forced labour, child labour, and discrimination while ensuring fair treatment and working conditions.
· Indigenous Rights: We respect and protect the cultural heritage and rights of indigenous communities, working collaboratively to preserve traditions.
· Education & Skills Development: We invest in programs that promote education, vocational training, and capacity building for local people.
3. Governance Excellence
Strong governance ensures we remain accountable, ethical, and transparent. Our governance practices are designed to safeguard stakeholder trust and long-term business integrity.
Our Commitments:
· Ethical Conduct: We enforce zero tolerance for corruption, bribery, and fraud.
· Board Oversight: Our Board ensures ESG objectives are met and aligned with our corporate vision.
· Stakeholder Engagement: We actively engage with investors, regulators, employees, and communities to address concerns and strengthen relationships.
· Risk Management: We have robust frameworks to identify, monitor, and mitigate risks across operational, environmental, social, and governance areas.
· Transparency: We publish timely ESG reports, providing clear insights into our performance and impact.
4. Continuous Improvement & Innovation
Sustainability is a journey, not a destination. We are committed to innovation and collaboration to improve our ESG performance year after year.
Our Commitments:
· Innovation: We invest in research and technology that reduce environmental impact and improve efficiency.
· Partnerships: We work with governments, NGOs, industry peers, and global bodies to advance sustainable development.
· Performance Monitoring: We conduct regular audits, assessments, and independent reviews to ensure we meet and exceed ESG benchmarks.
5. Targets & Measurable Goals
To track our progress and ensure accountability, we have set specific ESG targets:
· Environmental: 25% reduction in greenhouse gas emissions by 2030; zero environmental incidents.
· Social: Allocate at least 2% of annual profits to community development projects in education, health, and infrastructure.
· Governance: 100% compliance with anti-corruption and anti-bribery policies in all regions of operation.
For Azaman Global Commodities, ESG is not a side initiative, it is central to who we are and how we operate. By embedding sustainability and ethical practices into our business model, we aim to create shared value, protect the environment, empower communities, and uphold the highest standards of governance.
We are committed to leaving a legacy that future generations will be proud of, a legacy built on responsible trade, environmental care, and social progress.