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.
+60 vs industry average
Glencore’s score of 78 is higher than 93% 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 66% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Glencore's reported carbon emissions
In 2025, Glencore reported total carbon emissions of approximately 473.1 billion kg CO2e, comprising 14.6 billion kg CO2e from Scope 1, 6.3 billion kg CO2e from Scope 2, and a significant 452.3 billion kg CO2e from Scope 3 emissions. This marks a notable increase from 2024, where total emissions were approximately 416.4 billion kg CO2e, with Scope 1 at 16.2 billion kg CO2e, Scope 2 at 10.9 billion kg CO2e, and Scope 3 at 389.3 billion 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 2019 levels as a baseline. Additionally, the company has a long-term goal of achieving net zero emissions by 2050, contingent on a supportive policy environment. This commitment includes a 50% reduction target by 2035 on 2019 levels. The company has previously established a target to reduce its industrial Scope 1 and 2 emissions intensity by 5% by 2020 compared to a 2016 baseline. These initiatives reflect Glencore's ongoing efforts to address climate change and reduce its carbon footprint in the mining and commodities sector.
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Glencore’s Climate Goals (2030 & 2050)
15 goals2030
30% reduction in Scope 2
We aim to reduce our Scope 2 emissions by 30% from a 2020 baseline by 2030.
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
1 of 15 categories disclosedSee all scope 3 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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Glencore
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