MASHINIi

CBL International Limited.

BANL.US | Wholesale of solid, liquid and gaseous fuels and related products

CBL International Limited, formerly known as CBMG Holdings Limited, is an investment holding company. Through its subsidiaries, it is primarily engaged in the trading and distribution of petroleum products. The company focuses on connecting upstream suppliers with downstream distributors, primarily ...Show More

Ethical Profile

Mixed.

CBL International Limited, a marine fuel logistics company, faces scrutiny over its environmental impact due to its carbon-intensive core business. However, the company reported a 15% reduction in Scope 3 emissions in 2024. Its sales of ISCC-certified fuels surged by 200% in 2024, now comprising 40% of bunker sales. Critics note its B24 biofuel blend is 76% fossil fuel, achieving only a 20% GHG reduction. The company also reported a $3.87 million net loss in 2024, allegedly due to ESG-related costs and margin compression. For areas like worker respect, fair trade, and honest business, there is insufficient public data to assess CBL International's ethical standing.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-60
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

No evidence available to assess CBL International Limited on Better Health for All.

Fair Money & Economic Opportunity

0

CBL International Limited (BANL.US) is primarily engaged in the trading and distribution of petroleum products, specifically marine fuel logistics and bunkering services.

1
The company does not offer consumer lending, deposit, or insurance services.
2
Therefore, KPIs related to consumer financial products, such as underserved client share, pricing fairness, exploitative fee exposure, inclusion initiatives (in the context of a loan/insurance book), data accessibility (for customer finance data), fair lending compliance, wealth building outcome, debt burden ratio, geographic inclusion (for financial service access points), and product simplicity (for financial products), are not applicable to its core business model. While the company mentions internal employee inclusion initiatives and general community investment programs, these do not align with the specific definitions of the KPIs for financial services.
3
No evidence was found regarding profit reinvestment in community finance or financial literacy initiatives for external customers.
4

Fair Pay & Worker Respect

0

No specific, quantitative data points were found across the provided articles for any of the KPIs under the 'Fair Pay & Worker Respect' ethical value. While some articles mention general commitments to fair pay, safety, or employee well-being, they explicitly state the absence of specific metrics such as living wage coverage, CEO-median pay ratio, collective bargaining share, safety incident rate, pay equity ratio, worker engagement score, turnover rate, labor violation incidents, insecure contract share, or health insurance coverage.

1
Therefore, no KPIs can be scored.

Fair Trade & Ethical Sourcing

0

No specific, quantitative evidence was found in the provided articles to assess CBL International Limited against any of the KPIs for Fair Trade & Ethical Sourcing. While the company has obtained ISCC EU and ISCC Plus certificates for biofuel compliance,

1
the articles do not specify the percentage of tier-1 spend or inputs covered by these certifications. Similarly, mentions of internal controls, supplier management, and due diligence on counterparties lack the quantitative data required to score KPIs such as audit frequency, traceability coverage, or ethical clause coverage. There is no information regarding forced or child labor incidents, remediation speed, share of spend on high-risk materials, or supplier diversity spend.
2

Honest & Fair Business

-60

The company has a formal Whistleblowing Policy with a channel for reporting suspected misconduct, malpractice, or unethical behavior, and explicitly states that reports are treated confidentially and that there will be no retaliation for good faith reports.

1
However, there is no evidence of independent investigation processes, with investigations handled by the Board or Audit Committee.
2
The company's Articles of Association allow common or interested directors to be counted in a quorum and vote on contracts where they have an interest, provided material facts are disclosed and the transaction is fair.
3
The company has an anti-corruption policy that complies with the U.S. Foreign Corrupt Practices Act and UK Bribery Act, prohibiting fraud, bribery, and money laundering, with monetary limits and pre-approval for gifts and hospitality over US$200.
4
However, the policy does not provide information on training frequency or effectiveness metrics. The company conducts a rigorous vetting and due diligence program for business partners and states it will not deal with partners known to be paying bribes, but the extent of independent verification of ethical claims is not specified beyond internal audits and due diligence.
5

Kind to Animals

0

No evidence available to assess CBL International Limited on Kind to Animals.

No War, No Weapons

0

No relevant data was found in the provided articles to assess the company against the 'No War, No Weapons' ethical value. Both articles indicated that no data was available for extraction.

1

Planet-Friendly Business

0

The provided articles indicate that CBL International Limited (BANL.US) is actively involved in sustainable marine logistics, particularly through its biofuel offerings. In 2024, the company achieved a 15% reduction in Scope 3 emissions.

1
Its B24 biofuel, a blend of 24% used cooking oil methyl ester and 76% fossil fuel, is certified by ISCC EU and ISCC Plus and is reported to achieve a 20% GHG reduction.
2
In 2024, 40% of BANL.US's bunker sales involved ISCC-certified products, representing a 200% increase from 2023.
3
The company states its GHG emission reduction targets are aligned with IMO targets and it has implemented in-house GHG management.
4
However, the articles do not provide specific quantitative data for the majority of the Planet-Friendly Business KPIs, such as total Scope 1, 2, and 3 emissions, renewable energy use, water consumption, waste diversion rates, or details on climate-positive investments or supply chain transparency.

Respect for Cultures & Communities

0

No evidence available to assess CBL International Limited on Respect for Cultures & Communities.

Safe & Smart Tech

0

No evidence available to assess CBL International Limited on Safe & Smart Tech.

Zero Waste & Sustainable Products

0

No specific, quantitative data was found in the provided articles regarding BANL.US's performance on waste diversion rates, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design principles, waste reduction initiatives, hazardous waste management, product durability, repairability, waste audit frequency, zero waste certification, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education.

1
The articles primarily focus on the company's biofuel bunkering services, GHG emission reduction commitments, and ISCC certifications related to biofuel trading requirements.
2

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.