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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, 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 473.1 billion kg CO2e in 2025. This figure comprises about 14.55 billion kg CO2e from Scope 1 emissions, 6.3 billion kg CO2e from Scope 2 market-based emissions (or 7.05 billion kg CO2e from Scope 2 location-based emissions), and approximately 452.3 billion kg CO2e from Scope 3 emissions, including 366.06 billion kg CO2e from the use of sold products.
In 2024, the company's total emissions were approximately 416.4 billion kg CO2e, with Scope 1 emissions at about 16.2 billion kg CO2e, Scope 2 market-based emissions at 10.9 billion kg CO2e, and Scope 3 emissions around 389.3 billion kg CO2e, which included 313.3 billion kg CO2e from the use of sold products and 4.86 billion kg CO2e from fuel and energy-related activities.
Glencore has set several climate commitments, including a long-term ambition to achieve net zero CO2e emissions across all scopes by the end of 2050, subject to a supportive policy environment. The company also aims for a 15% absolute reduction in its Scope 1, 2, and 3 industrial emissions by the end of 2026, and a 50% absolute reduction 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 been introduced as part of its updated Climate Action Transition Plan. Previously, in 2017, Glencore set a target to reduce its industrial Scope 1 and 2 emissions intensity by 5% by 2020, compared to a 2016 baseline.
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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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