Penta Energy

Compliance

How we do business

Penta Energy operates under a strict framework, guided by these commitments.

Commitments

Five commitments

  • 01

    Anti-bribery and corruption

    We do not offer, pay, request or accept bribes or facilitation payments, directly or through third parties. We operate in line with the UK Bribery Act 2010 and expect the same of our suppliers, agents and customers.

  • 02

    Sanctions and export controls

    Customers, end users, suppliers and destinations are screened against applicable sanctions lists, including UK and UN lists, before we proceed. Goods are checked for export-control classification and licensed where required.

  • 03

    Know your customer

    We verify the identity, ownership and beneficial owners of every counterparty, the source of funds for each transaction, and the intended end use of the equipment.

  • 04

    Labour standards and modern slavery

    We will not knowingly work with any business that uses forced, bonded or child labour. We ask suppliers to confirm their compliance with the Modern Slavery Act 2015 or equivalent standards.

  • 05

    Environmental and social responsibility

    We consider environmental and social impacts when assessing a transaction, and support the standards that lenders and export credit agencies apply to the projects they finance.