At Mabanaft, integrity and accountability are the cornerstones of our business operations. In 2023, we've made significant strides in reinforcing our governance structures to ensure transparency, compliance, and sustainable growth.

Our firm commitment to ethical practices was highlighted this year by our robust implementation of the German Act on Corporate Due Diligence Obligations in Supply Chains (LkSG). This initiative has not only strengthened our supply chain accountability but also set a new benchmark for compliance in the industry.

Mabanaft's governance framework is designed to support our long-term strategic goals while ensuring adherence to the highest standards of ethical conduct. We've enhanced our compliance mechanisms, and as a result, maintained a strong EcoVadis rating, reflecting our dedication to sustainable and responsible business practices.

Moreover, we are actively preparing for upcoming CSRD (Corporate Sustainability Reporting Directive) and EU Taxonomy reporting, positioning Mabanaft at the forefront of governance excellence. This preparation is crucial as it aligns with our strategic vision to integrate deeper sustainability insights into our governance practices by 2025.

Our whistleblower platform, the Mabanaft CARE Platform, continues to play a crucial role in maintaining ethical operations. It provides a secure and anonymous way for employees and stakeholders to report potential issues, ensuring that all concerns are addressed swiftly and effectively.

As we continue to refine our governance strategies, Mabanaft remains committed to leading with integrity and fostering a culture of compliance and ethical excellence. Join us as we pave the way for a future where corporate governance is synonymous with transparency and ethical leadership.

Read our full Sustainability Report 2023 here.