Glencore Sustainability Profile
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 78 is higher than 91% 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 2024, Glencore reported total carbon emissions of approximately 416,400,000,000 kg CO2e, with Scope 1 emissions at about 16,200,000,000 kg CO2e, Scope 2 emissions at approximately 10,900,000,000 kg CO2e, and a significant Scope 3 total of around 389,300,000,000 kg CO2e. This represents a slight decrease from 2023, where total emissions were about 430,100,000,000 kg CO2e. Glencore has set ambitious climate commitments, aiming for a 15% reduction in total emissions (Scope 1, 2, and 3) by the end of 2026, using a 2019 baseline. Additionally, the company has a long-term goal of achieving net zero CO2e emissions by 2050, contingent on a supportive policy environment. This commitment includes specific targets for Scope 1 and 2 emissions intensity, with a previous target of a 5% reduction by 2020 compared to 2016 levels. The emissions data is sourced directly from Glencore plc, with no cascaded data from parent organizations. The company continues to focus on reducing its carbon footprint while maintaining transparency in its reporting practices.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 22,372,000,000 | - | 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 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 12,426,000,000 | - | 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 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 3 | - | - | - | - | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
How Carbon Intensive is Glencore's Industry?
How Carbon Intensive is Glencore's Location?
Glencore's Scope 3 Categories Breakdown
Glencore's Scope 3 emissions, which decreased by 3% last year and increased by approximately 29% since 2016, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 80% of Scope 3 emissions.
Top Scope 3 Categories
Glencore's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Glencore has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
