Glencore plc, a leading global commodity trading and mining company, is headquartered in Baar, Switzerland, with significant operations across Africa, Australia, and South America. Founded in 1974, Glencore has evolved into a powerhouse in the natural resources sector, focusing on the production and marketing of metals, minerals, and energy products. The company’s diverse portfolio includes copper, cobalt, zinc, and coal, distinguished by its integrated supply chain that enhances efficiency and sustainability. Glencore's strategic position in the market is underscored by its commitment to responsible sourcing and innovation, making it a key player in the transition to a low-carbon economy. With a strong emphasis on operational excellence, Glencore continues to achieve notable milestones, solidifying its reputation as a trusted leader in the commodities industry.
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.
Mean score of companies in the 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.
Glencore's score of 29 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Glencore reported total carbon emissions of approximately 432.8 million tonnes CO2e, with Scope 1 emissions at about 16.7 million tonnes CO2e and Scope 3 emissions reaching around 405.8 million tonnes CO2e. The company's emissions have shown fluctuations over recent years, with total emissions of approximately 397.5 million tonnes CO2e in 2022 and 441.8 million tonnes CO2e in 2021. Glencore has not publicly committed to specific reduction targets under the Science Based Targets initiative (SBTi) or other formal frameworks. Their CDP scores have varied, with recent assessments indicating a score of "F," reflecting challenges in transparency and performance in climate-related disclosures. The company has been actively working on initiatives to improve its carbon footprint, particularly in the areas of metals smelting and coal mining, where carbon intensities are reported at approximately 6,400 and 55 tonnes CO2e per tonne, respectively. Overall, while Glencore has made strides in reporting its emissions, the lack of defined reduction targets and the variability in emissions data highlight the ongoing challenges the company faces in addressing climate commitments effectively.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 19,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Scope 2 | 13,900,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Scope 3 | 520,700,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
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 committed to some 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.