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Glencore, officially known as Glencore plc, is a leading global commodity trading and mining company headquartered in Switzerland. Established in 1974, the firm has grown to become a major player in the chemical and fertiliser minerals, salt, and other mining and quarrying products sector. Its key operational regions span across Africa, Australia, Europe, and the Americas, reflecting its extensive international presence.
Specialising in the extraction and trading of essential raw materials, Glencore’s core products include metals, minerals, and energy commodities, with a focus on sustainable and responsible sourcing. The company’s diverse portfolio and strategic market positioning have earned it a notable reputation within the industry, making it one of the most influential entities in global commodity markets.
+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.
Salt and Mineral Mining has above-average carbon intensity
The Salt and Mineral Mining industry has reduced its overall emissions by 42% since 2018
Scope 3 accounts for ••• of total emissions.
Glencore, a Swiss-based company in the Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c. industry, reported total carbon emissions of approximately 473.1 billion kg CO2e in 2025. This includes Scope 1 emissions of about 14.55 billion kg CO2e, Scope 2 market-based emissions of approximately 6.3 billion kg CO2e, and Scope 3 emissions totalling around 452.3 billion kg CO2e, with use of sold products accounting for approximately 366.06 billion kg CO2e.
Looking back, Glencore's emissions in 2024 were approximately 416.4 billion kg CO2e (Scope 1: 16.2 billion kg CO2e, Scope 2 market-based: 10.9 billion kg CO2e, Scope 3: 389.3 billion kg CO2e). In 2023, total emissions stood at around 430.1 billion kg CO2e (Scope 1: 18.1 billion kg CO2e, Scope 2: 10.1 billion kg CO2e, Scope 3: 401.8 billion kg CO2e). The company's highest reported emissions within the provided data were in 2019, with a total of approximately 546.5 billion kg CO2e.
Glencore has set several climate commitments. Their long-term ambition is to achieve net zero CO2e emissions across all scopes by the end of 2050, subject to a supportive policy environment. They also have near-term absolute reduction targets to cut total (Scope 1, 2, and 3) industrial emissions by 15% by the end of 2026, and by 50% by the end of 2035, both against a restated 2019 baseline. An additional industrial emissions reduction target of 25% by the end of 2030 has also been introduced. Previously, Glencore aimed to reduce its industrial Scope 1 and 2 emissions intensity by 5% by 2020 compared to a 2016 baseline.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
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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