Sustainable Development

Technologically enabled and prudent risk management approach.
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Corporate Governance

We create value by improving lives and balancing the needs of our business s and that of our stakeholders wherever they may be.

Star Global recognizes that sustainable development is a global priority that results in both opportunities and risks for business and we are positioned to meet these challenges and commit to enrich our people and communities and protect our environment.

As we expand our business, we endeavour to contribute to the communities in which we operate, develop its own people, contribute to general economic prosperity and minimize our impact on the environment.

Sustainable development means meeting the needs of the present without compromising those of the future.   So, we want to interact with, and respond to, the opportunities and challenges presented to us in the context in which we operate and create value over time.

We acknowledge that our core purpose, risks and opportunities, strategy, business model, performance and sustainable development are all inseparable elements of our value creation process. The management is eventually responsible for ensuring that sustainable development is integrated into the business strategy and that the processes are in place to assess and responsibly act to any negative consequences of our business activities

Star Global connect supply and demand chain to each other and the wider world and help communities improve their lives. We are a global commodity trading company that empower people and enrich communities.

In line with our sustainable development efforts, we make sure that the following rules are implemented while we conduct business:

For Economy

  • We conduct business fairly, ethically and with integrity.  Our code of business ethics and conduct guides us.
  • We invest in talented people and those with leadership potential and the passion and ambition to make a difference globally.
  • We aim to comply with laws and regulations, including paying taxes and levies due to governments and compliance with economic transformation laws in the countries we operate in.
  • We aim to provide value for all our stakeholders.

For Environment

Through improvement and sustainable technological innovation, we strive to create solutions that maximize its environmental performance. We are committed to limiting our direct impact on the environment.  As part of our measures,

  • We try to utilize advanced technologies in our operations to reduce their impact on the environment.
  • We monitor the environmental compliance standards at our facilities and our partners’ facilities participate in third‐party reviews to improve performance.
  • We use environmentally responsible and sustainable resources to meet our operational needs, and conserve non‐renewable natural resources.
  • Where possible we use environmentally responsible and sustainable energy sources, invest in improving energy efficiency in our operations on an ongoing basis and design energy‐efficient facilities.
  • We aim to influence our suppliers to adopt a similar approach in supplying materials and services to us.
  • We reduce waste where possible

For Social

Star Global takes our responsibility towards the communities in which we operate seriously. We promote the well-being of society, our customers and our employees by contributing to programs and initiatives that improve their lives.

In our community:

  • We respect human rights.
  • We operate in various countries internationally and endeavors, where possible and economically feasible, to employ local citizens.
  • We contribute to the communities in which we live and work. We support them through community involvement.

In our people:

  • We invest in our people, equipping them with the tools, technology and training they need to do their jobs, while providing opportunities for personal growth and development.
  • We invest in the continuous development of our people.
  • We reward our employees fairly.
  • We encourage our employees to contribute to the sustainability and innovation initiatives of the company.
  • We respect the rights of our employees and their diversity.
  • We encourage employees to report areas where the company might be failing in its business conduct and values.
  • We comply with local employment laws.

In health & safety:

  • We perform regular risk assessments on health and safety matters at our facilities.
  • We aim to have an injury‐free workplace.
  • We monitor management’s mitigating actions through regular operational, internal and external auditing and reporting processes.
  • A healthy workforce contributes to business success, so we provide supplements for boosting immune system.
  • We provide medical aid and wellness programs for our staff

As we recognize that this is a process that require an on-going measurement and improvement, we regularly review our progress in achieving a balanced sustainable organisation and identify areas for improvement.

Culture

Our corporate culture is built on three pillars: achieving performance excellence by meritocracy, transparency in relationships and continually striving for higher productivity.

Integrity

We operate with integrity to achieve our strategic goals ensuring that we sail in line with our values, code of ethics and the risk policies that we set. While each member of the team leads a specific role in the business, they also work collectively to help us achieve our vision and purpose.