ESG
ESG report
As part of Bunker Holding Group, KPI OceanConnect follows the Group’s ESG framework and reporting. You can read the latest ESG Report below.
Environmental
At KPI OceanConnect, we integrate environmental, social, and governance principles into every part of our business. By fostering transparency, building strong partnerships, and supporting the industry’s energy transition, we create long-term value for our customers, our people, and the communities we serve.
Human Rights Policy
As part of Bunker Holding Group, KPI OceanConnect is committed to respecting human rights in all aspects of our business. This commitment is formalised in Bunker Holding’s Human Rights Policy, which applies across the Group’s global operations and value chain and reinforces our responsibility to identify, prevent, and address human rights risks.
Modern Slavery Statement
As part of Bunker Holding Group, KPI OceanConnect is committed to preventing modern slavery and human trafficking in all aspects of our business and value chain. This statement outlines the measures taken to identify, mitigate, and address modern slavery risks in line with applicable legislation and the Group’s commitment to responsible and ethical business practices.
Beyond Boundaries
The Future of Shipping is Inclusive
Beyond Boundaries is a four-part video series featuring honest, thought-provoking conversations with professionals from across the maritime industry on how Diversity, Equity, and Inclusion fuel innovation, improve governance, and shape a resilient, future-ready workforce.
Connecting Women To Empower Change
A diverse workforce is good for business and also for advancing and inspiring innovation because of the differences we bring to the table. That is why at KPI OceanConnect we advocate for the importance of equality and we have regular initiatives to attract more women in Shipping Industry!
50for50
At KPI OceanConnect, we strongly believe in the power of partnership and giving back to the communities that support us.
Our annual initiative, “50for50,” is a testament to that commitment. From November 11th to December 31st each year, we donate $50 for every deal made during this period to selected charities worldwide. In the last five years, with your unwavering support and collaboration, we’ve raised almost $570,700, making a tangible difference in local communities.
Explore the impact of “50for50” and join us in driving impact.
Together for our communities!
Governance
Code of Conduct
As part of Bunker Holding Group, KPI OceanConnect aims to conduct our business in an ethical, sustainable and socially responsible manner and will comply with the rules and legislation governing our areas of operation.
Whistleblower Policy
As part of Bunker Holding Group, KPI OceanConnect follows the Group’s Whistleblowing Policy, which outlines the procedures for reporting suspected misconduct, corruption, or other inappropriate behaviour, including potential violations of our Code of Conduct.
The policy encourages employees and other stakeholders who have genuine concerns related to the Group’s activities to report them in good faith, without fear of retaliation, discrimination, or other negative consequences.
You can read the full Whistleblowing Policy and submit a report through the Whistleblowing submission form below.
QHSE Policy
As part of Bunker Holding Group, KPI OceanConnect is committed to maintaining the highest standards of quality, health, safety, and environmental responsibility across our global operations. Our QHSE Policy outlines the principles and commitments that guide how we operate, support our people, serve our customers, and minimize environmental impact while driving continuous improvement.
Tax Policy
At KPI OceanConnect Group and across affiliated entities, we are fully committed to acting as responsible corporate citizens. As part of this commitment, we comply with local and international tax legislation and pay applicable taxes accurately in a timely manner. This is a fundamental element of how we do business within the Group.
As part of our committed responsible approach to tax affairs, we fully support the United Nations 17 Sustainable Development Goals (SDGs) and through our commitments, we directly and indirectly contribute towards the societies in which we operate. This includes promoting the rule of law and not contributing towards corruption and bribery in any form (SDG 16).
Transparency and engagement with tax authorities
We value constructive relationships with local and international tax authorities, grounded in openness, transparency, and honesty. In line with this approach, all legal entities in the KPI OceanConnect Group will promptly disclose all information required by law to relevant tax authorities. While we do not participate in any formalised partnership programmes with tax authorities, we maintain an open dialogue, which we believe effectively supports mutual understanding and trust.
If tax implications of an operational setup are assessed as uncertain, we will seek advice from external tax advisors. Where appropriate and possible, we will pursue a dialogue with the tax authorities if significant tax uncertainties are defined.
Our commitment to open and transparent dialogue extends to all public authorities and government bodies.
Commitment to compliance and social responsibility
As part of our broader commitment to social responsibility, we do not tolerate tax evasion, whether direct or indirect. It is particularly important for KPI OceanConnect and our group of companies to be aware of and comply with tax compliance matters and industry practices, including legislative developments, in the jurisdictions where we operate.
If deemed relevant, we will engage in a constructive dialogue with governments, business groups, and civil society to support the development of effective tax systems, legislation, and administration.
Tax risk management and use of structures
The KPI OceanConnect Group adopts a prudent approach to tax risk, and we are committed to mitigating tax risks whenever possible. We do not apply artificial or tax-driven structures. All organisational and transactional structures are based on genuine commercial rationale and requirements.
Where we have operations in jurisdictions included on the EU list of non-cooperative tax jurisdictions, such presence is strictly based on the substantive commercial operations and not for the purpose of tax evasion.
The Group has commercial operations on a global scale. Countries where the Group has legal entities are listed in the group’s annual reports.
We apply the arm’s length principle in all intercompany transactions in line with applicable guidelines and regulations.
The right balance
As part of our daily operations, tax expenses are seen as an operational cost. A cost which should be optimised through effective tax management and planning within the framework of relevant tax legislation. We will manage our tax position within the limits of the tax legislation and strive to avoid double taxation to the extent possible. This includes the use of tax incentives and subsidies, provided such benefits are generally available to a broad group of taxpayers and are commercially relevant for the KPI OceanConnect Group. Where tax regulations allow for different interpretations or choices, we will adopt a tax position which will be justifiable and defendable.
Governance and oversight
KPI OceanConnect Group is a subsidiary of Bunker Holding A/S. The CFO of Bunker Holding A/S has the overall responsibility for the Group’s approach to tax-related matters, including tax risk management, supported by the Group Head of Tax.
Based on this Group Tax Policy, Finance Managers of KPI OceanConnect Group entities are accountable for the day-to-day tax management in their respective companies.
The Board of Directors reviews the Tax Policy annually, where Group tax risks are also reviewed and addressed.
The Tax Policy is aligned with the Group’s Code of Conduct and is applicable across the entire KPI OceanConnect Group. The Code of Conduct is further facilitated by our Whistleblower setup.
August 2025
The policy encourages employees and other stakeholders who have genuine concerns related to the Group’s activities to report them in good faith, without fear of retaliation, discrimination, or other negative consequences.
You can read the full Whistleblowing Policy and submit a report through the Whistleblowing submission form below.
Quality Policy Statement
The Quality of KPI Ocean Connect (Cyprus) Ltd is founded on its commitment to delivering high standards of service and the continual improvement of its Quality Management
KPI OceanConnect (Cyprus) Ltd is committed to:
Social
At KPI OceanConnect, we believe our strength lies in our people and the communities we’re part of. Through initiatives like Beyond Boundaries, Women in Shipping and 50for50, we’re championing diversity, inclusion, and opportunities that empower individuals and enrich the maritime industry. By investing in people, we’re shaping a workplace and an industry where everyone can thrive.