Glencore Energy UK Ltd Sustainability Profile
Glencore Energy UK Ltd, a prominent player in the global commodities market, is headquartered in Great Britain. Established in 1974, the company has evolved into a leading entity in the energy sector, focusing on the trading and supply of oil, gas, and other energy products. With significant operations across Europe, Africa, and the Americas, Glencore Energy is well-positioned to meet the diverse needs of its clients. The company’s core offerings include crude oil, refined petroleum products, and natural gas, distinguished by their commitment to sustainability and responsible sourcing. Glencore Energy UK Ltd has achieved notable milestones, including strategic partnerships and expansions that enhance its market presence. As a key player in the energy industry, Glencore continues to innovate and adapt, solidifying its reputation as a trusted supplier in a dynamic market.
DitchCarbon Score
How does Glencore Energy UK Ltd'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 Financial Intermediation 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 Energy UK Ltd's score of 62 is higher than 79% 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 Energy UK Ltd, headquartered in Great Britain, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Glencore plc, which may influence its climate commitments and reporting practices. While there are no documented reduction targets or specific climate pledges from Glencore Energy UK Ltd, it is important to note that the broader Glencore plc has established various initiatives aimed at reducing carbon emissions. These initiatives may include commitments to the Climate Action 100+ and other sustainability frameworks, which are cascaded down to its subsidiaries. As a current subsidiary, Glencore Energy UK Ltd's climate strategy may align with the overarching goals set by Glencore plc, which focuses on reducing emissions across its operations. However, without specific data or targets from Glencore Energy UK Ltd, it is challenging to provide a detailed overview of its individual climate commitments or performance. In summary, while Glencore Energy UK Ltd does not currently report emissions data or specific reduction targets, it is part of a larger corporate structure that is actively engaged in climate initiatives through its parent company, Glencore plc.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 22,372,000,000 | - | 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 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 12,426,000,000 | - | 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 | 00,000,000,000 | 00,000,000,000 |
| Scope 3 | - | - | - | - | 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 | 000,000,000,000 | 000,000,000,000 |
How Carbon Intensive is Glencore Energy UK Ltd's Industry?
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Glencore Energy UK Ltd's Scope 3 Categories Breakdown
Glencore Energy UK Ltd's Scope 3 emissions, which decreased by 3% last year and increased by approximately 29% since 2016, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 80% of Scope 3 emissions.
Top Scope 3 Categories
Glencore Energy UK Ltd's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Glencore Energy UK Ltd has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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