Glencore, officially known as Glencore plc, is a leading global commodity trading and mining company headquartered in Switzerland. Established in 1974, the firm has grown to become a major player in the chemical and fertiliser minerals, salt, and other mining and quarrying products sector. Its key operational regions span across Africa, Australia, Europe, and the Americas, reflecting its extensive international presence.
Specialising in the extraction and trading of essential raw materials, Glencore’s core products include metals, minerals, and energy commodities, with a focus on sustainable and responsible sourcing. The company’s diverse portfolio and strategic market positioning have earned it a notable reputation within the industry, making it one of the most influential entities in global commodity markets.
+61 vs industry average
Glencore’s score of 80 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Salt and Mineral Mining has above-average carbon intensity
Industry performance
The Salt and Mineral Mining industry has reduced its overall emissions by 42% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Glencore's reported carbon emissions
Glencore, a company in the chemical and fertilizer minerals, salt and other mining and quarrying products sector headquartered in Switzerland (CH), reported a total of approximately 473.1 billion kg CO2e in emissions for 2025. This figure comprises Scope 1 emissions of about 14.55 billion kg CO2e and Scope 2 emissions of approximately 6.3 billion kg CO2e (market-based). Scope 3 emissions accounted for a substantial portion, totalling about 452.3 billion kg CO2e, with the use of sold products being the largest contributor at approximately 366.06 billion kg CO2e.
In 2024, Glencore's total emissions were approximately 416.4 billion kg CO2e. This included Scope 1 emissions of about 16.2 billion kg CO2e and Scope 2 emissions of approximately 10.9 billion kg CO2e. Scope 3 emissions for 2024 were around 389.3 billion kg CO2e.
For 2023, total emissions were reported as approximately 430.1 billion kg CO2e, with Scope 1 emissions at about 18.1 billion kg CO2e and Scope 2 at approximately 10.1 billion kg CO2e. Scope 3 emissions for that year were around 401.8 billion kg CO2e.
Glencore has established several climate commitments and reduction targets. The company aims for net zero industrial emissions by the end of 2050, subject to a supportive policy environment. In the near term, Glencore has set targets to reduce its emissions. Specifically, it aims for a 15% reduction in Scope 1, 2, and 3 emissions by the end of 2026, based on a 2019 baseline. Furthermore, it has a target for a 50% reduction in total emissions (Scope 1, 2, and 3) by the end of 2035, also against the 2019 baseline. Some reports also indicate aims to reduce Scope 1 and 2 emissions intensity by at least 5% by 2020, compared to 2016 levels. Glencore also has an ambition to be a net zero total emissions company by 2050.
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Glencore’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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