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.
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.
Industry Benchmark
Glencore's score of 73 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Glencore's reported carbon emissions
In 2023, Glencore reported total carbon emissions of approximately 433,000,000,000 kg CO2e, with Scope 1 emissions at about 16,700,000 kg CO2e, Scope 2 emissions at approximately 10,300,000 kg CO2e, and Scope 3 emissions reaching about 520,700,000 kg CO2e. This marked an increase from 2022, where total emissions were about 397,500,000,000 kg CO2e. Glencore has set ambitious climate commitments, aiming for a 15% reduction in total emissions by the end of 2026, based on a 2019 restated baseline. Additionally, they target a 25% reduction by 2030 and a significant 50% reduction by 2035. The company has also expressed a long-term ambition to achieve net zero CO2e emissions across all scopes by 2050, contingent on a supportive policy environment. These commitments reflect Glencore's recognition of the need to address climate change while balancing market demands for their products. The company has previously aimed to reduce its industrial Scope 1 and 2 emissions intensity by 5% by 2020, demonstrating a proactive approach to emissions management.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
Industry emissions intensity
Location emissions 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 participating in some of the initiatives that 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.
