Glencore

Glencore, headquartered in Switzerland, operates in the Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c. industry.

In 2025, Glencore's total reported emissions were approximately 473.1 billion kg CO2e. This included around 14.55 billion kg CO2e from Scope 1 emissions, about 6.3 billion kg CO2e for market-based Scope 2 emissions (or approximately 7.05 billion kg CO2e for location-based Scope 2 emissions), and approximately 452.3 billion kg CO2e from Scope 3 emissions. A significant portion of Scope 3 emissions, about 366.06 billion kg CO2e, came from the use of sold products.

Looking back, in 2024, Glencore reported total emissions of approximately 416.4 billion kg CO2e. This comprised around 16.2 billion kg CO2e for Scope 1, about 10.9 billion kg CO2e for market-based Scope 2 (or approximately 10.4 billion kg CO2e for location-based Scope 2), and approximately 389.3 billion kg CO2e for Scope 3 emissions. The use of sold products accounted for roughly 313.3 billion kg CO2e, while fuel and energy-related activities were approximately 4.86 billion kg CO2e. In 2023, total reported emissions were about 430.1 billion kg CO2e, with Scope 1 at approximately 18.1 billion kg CO2e, Scope 2 at about 10.1 billion kg CO2e, and Scope 3 at roughly 401.8 billion kg CO2e.

Glencore has set several climate commitments. The company aims for net-zero industrial Scope 1, 2, and 3 emissions by the end of 2050, subject to a supportive policy environment. For near-term targets, Glencore is committed to reducing its total Scope 1, 2, and 3 emissions by 15% by the end of 2026, and by 50% by 2035, both against a restated 2019 baseline. A further industrial emissions reduction target of 25% by the end of 2030 has also been introduced as part of their updated Climate Action Transition Plan. Earlier targets included a 5% reduction in industrial Scope 1 and 2 emissions intensity by 2020 compared to a 2016 baseline. The company also aims to reduce its Scope 1 emissions by 30% from a 2020 baseline by 2030 and Scope 2 emissions by 30% from a 2020 baseline by 2030.