Governance
Monjasa operates across jurisdictions and cultures in compliance with all applicable legislation. Our work is rooted in our strong company culture and values based on open dialogues, trust and transparency as the foundation.
We aim to apply industry best practices on sanctions compliance and continuously improve our processes to meet the expectations of both regulators and customers and at the same time inspire further third-party responsibility.
RESPONSIBLE BUSINESS CONDUCT
As a global company and a top ten marine fuels supplier, we are expected to keep our compliance processes up to date by ensuring ongoing monitoring and the implementation of control systems. The Monjasa Code of Conduct for Business Partners sets a global standard for how we engage with those we do business with and helps us operate openly, honestly and ethically. We expect our business partners to follow the same ethical business conduct, and we are committed to working closely with them to promote responsible and sustainable practices.
WORKING TOWARDS ETHICAL BUSINESS PRACTICES
Monjasa has a zero tolerance towards non-ethical behaviour, and we actively work to build awareness and educate our employees to ensure full transparency in everything we do. By strengthening our internal policies and linking our work closely with the Maritime Anti-Corruption Network (MACN), we continuously enhance our processes and controls to combat corruption and bribery.
DEMONSTRATING STRONG SANCTIONS COMPLIANCE
The global trade landscape is undergoing a fundamental transformation, driven by geopolitical shifts, evolving regulatory frameworks and rapid technological change. Our strong compliance framework is crucial to navigating and managing these constant changes and ensures that we do not engage with sanctioned entities. We have invested in maturing our compliance tools, processes and improved data visibility and quality, while utilising data-driven tools to identify and mitigate compliance risks across the value chain.
DIGITAL RESILIENCE
At Monjasa, we recognise the critical importance of digital resilience in ensuring continuity in a rapidly evolving technological landscape. Supported by our ISO 27001 certification, the Information Security Standard, we maintain a robust framework for managing information securely and ensuring compliance with data protection regulations. To support this, we continuously review our security procedures, system access and data handling practices while strengthening governance of digital systems and AI usage. These efforts enable us to safeguard company and customer data while maintaining resilience against emerging cyber threats.
Read more about our Governance efforts and the rest of Monjasa’s ESG initiatives in our Annual Report.
