Transparency at Kager International Group
Ethics & Sustainability
At Kager International Group, we prioritize transparency as a cornerstone of our business practices. As a leading commodities and energy trading facilitation and consultancy company, we are committed to ethical operations and sustainable growth. Our transparency efforts are aligned with global standards to ensure open and accountable management of natural resources.
Supporting the Extractive Industries Transparency Initiative (EITI)
We proudly support the Extractive Industries Transparency Initiative (EITI), which sets the global standard for promoting transparency in the management of oil, natural gas, and mineral resources. EITI requires the disclosure of key information across the extractive industry value chain—from extraction to revenue management and public benefit. This initiative seeks to strengthen public and corporate governance, enhance the understanding of natural resource management, and provide data to drive reforms for greater accountability in the sector.
Commitment to Transparent Reporting
Kager International Group views transparency as essential to maintaining trust and integrity in our operations. We are dedicated to reliably reporting our company’s payments to governments, with the goal of improving transparency and reducing the potential for corruption. Our reporting includes purchases of crude oil and refined oil products from state-owned enterprises (SOEs) in EITI implementing countries. For these countries, the government must hold a majority stake in the SOEs. We aggregate payments and volumes under our parent company, presenting volume information as available.
Collaborating for Better Disclosures
Given the complexity and diversity of transaction types in our industry, we continuously work with EITI, relevant trading peers, and other transparency-related organizations to enhance our disclosures. By actively participating in these initiatives, we aim to set a high standard for transparency and accountability in the commodities and energy trading sector.
Our Vision for a Transparent Future
At Kager International Group, we believe that transparency is key to fostering a fair and equitable trading environment. We are committed to supporting initiatives that promote openness and accountability, thereby contributing to sustainable development and ethical business practices. Through our efforts, we strive to create a more transparent future for the commodities and energy trading industry.
For more information on our transparency initiatives and ethical practices, please visit our Ethics & Sustainability page.