Vierax is committed to respecting human rights across all of its business operations and value chain activities. Our approach is enshrined in our HSEC Policy and HSEC Business Principles and is informed by the UN Guiding Principles on Business and Human Rights amongst other internationally recognised standards. We require business partners to apply comprehensive, comparable and complementary policies and principles.
Physical trading remains the core of our business. With a significant fixed asset base in developing economies, we are acutely aware of the impacts of our operations on nearby communities. Understanding local contextual issues and engaging respectfully in our operating environment is critical to maintaining our social licence to operate.
Our activities stimulate socio-economic development in local communities and for their national economies. We create employment, develop skills, build infrastructure and procure from local suppliers. At the same time we recognise that our activities can also have an adverse impact on local communities and their way of life. We seek to minimise or mitigate such negative consequences.