Public Profile

Glencore

Glencore plc, a leading global commodity trading and mining company, is headquartered in Switzerland (CH) and operates across key regions including Africa, Australia, and South America. Founded in 1974, Glencore has evolved into a powerhouse in the natural resources sector, specialising in the production and marketing of metals, minerals, and energy products. The company’s core offerings include copper, cobalt, zinc, and oil, distinguished by their commitment to sustainable practices and responsible sourcing. Glencore's strategic position in the market is underscored by its extensive supply chain and integrated operations, enabling it to maintain a competitive edge. With a strong focus on innovation and efficiency, Glencore continues to achieve significant milestones, solidifying its reputation as a leader in the commodities industry.

DitchCarbon Score

How does Glencore's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

29

Industry Average

Mean score of companies in the Salt and Mineral Mining industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

7

Industry Benchmark

Glencore's score of 29 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.

92%

Glencore's reported carbon emissions

In 2023, Glencore reported total carbon emissions of approximately 433,000,000,000 kg CO2e, with emissions distributed across various scopes: 16,700,000,000 kg CO2e from Scope 1, 10,300,000,000 kg CO2e from Scope 2, and 405,800,000,000 kg CO2e from Scope 3. This reflects a slight increase in total emissions compared to previous years. In 2022, the company recorded total emissions of about 397,500,000,000 kg CO2e, with Scope 1 emissions at 16,400,000,000 kg CO2e, Scope 2 at 12,800,000,000 kg CO2e, and Scope 3 at 368,300,000,000 kg CO2e. Glencore has not publicly disclosed specific reduction targets or initiatives as part of its climate commitments. The absence of documented reduction targets suggests a need for further clarity on their long-term strategies for addressing carbon emissions. The company operates within a challenging industry context, where significant emissions are often associated with mining and resource extraction activities. Overall, while Glencore's emissions data indicates substantial figures, the lack of defined reduction targets raises questions about their commitment to climate action moving forward.

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20122013201420152016201720192020202120222023
Scope 1
24,406,000,000
0,000,000,000
0,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
Scope 2
13,381,000,000
0,000,000,000
0,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
Scope 3
36,567,000,000
00,000,000,000
00,000,000,000
00,000,000,000
-
000,000,000,000
000,000,000,000
000,000,000,000
000,000,000,000
000,000,000,000
000,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Glencore's primary industry is Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c., which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Glencore is headquartered in CH, which has a rank of very low, indicating very low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Glencore is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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