Glencore

Glencore, headquartered in Switzerland (CH) and operating in the Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c. industry, reported total carbon emissions of approximately 473 billion kg CO2e in 2025. This includes about 14.55 billion kg CO2e from Scope 1, 6.3 billion kg CO2e (market-based) or 7.05 billion kg CO2e (location-based) from Scope 2, and 452.3 billion kg CO2e from Scope 3 emissions. Notably, a significant portion of Scope 3 emissions, approximately 366.06 billion kg CO2e, was attributed to the use of sold products.

In 2024, Glencore's total emissions were approximately 416.4 billion kg CO2e, comprising around 16.2 billion kg CO2e from Scope 1, 10.9 billion kg CO2e (market-based) or 10.4 billion kg CO2e (location-based) from Scope 2, and 389.3 billion kg CO2e from Scope 3, with use of sold products accounting for approximately 313.3 billion kg CO2e.

Looking at 2023, the company's total emissions were about 430.1 billion kg CO2e, with Scope 1 emissions at approximately 18.1 billion kg CO2e, Scope 2 at around 10.1 billion kg CO2e, and Scope 3 at about 401.8 billion kg CO2e.

Glencore has established ambitious climate commitments, aiming for net-zero industrial emissions across Scope 1, 2, and 3 by the end of 2050, contingent on a supportive policy environment. The company has also set absolute emission reduction targets: a 15% reduction in total Scope 1, 2, and 3 emissions by the end of 2026, a 25% reduction by the end of 2030, and a 50% reduction by the end of 2035, all against a restated 2019 baseline. Previously, Glencore targeted a 5% reduction in industrial Scope 1 and 2 emissions intensity by 2020 compared to a 2016 baseline.