Glencore
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 70 is higher than 99% 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 2023, Glencore reported total carbon emissions of approximately 288,700 kg CO2e, with Scope 1 emissions at about 1,800 kg CO2e, Scope 2 emissions at approximately 28,800 kg CO2e, and significant Scope 3 emissions of around 405,800 kg CO2e. This represents a notable decrease from 2022, where total emissions were reported at approximately 397,500,000 kg CO2e. Glencore has set ambitious climate commitments, aiming for a 15% reduction in total emissions by the end of 2026, using a 2019 baseline. Additionally, they target a 25% reduction by 2030 and a 50% reduction by 2035, also against the 2019 baseline. The company has a long-term goal of achieving net zero CO2e emissions by 2050, contingent on a supportive policy environment. These commitments reflect Glencore's recognition of the need for substantial emissions reductions across all scopes, including Scope 1, 2, and 3 emissions, as part of their strategy to address climate change and enhance sustainability in their operations.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 24,406,000,000 | 0,000,000,000 | 0,000,000,000 | 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 | 13,381,000,000 | 0,000,000,000 | 0,000,000,000 | 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 | 00,000,000,000 | 00,000,000,000 |
| Scope 3 | 36,567,000,000 | - | - | - | - | 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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 participating in some of the initiatives that 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.
