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 81 is higher than 94% 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 2024, Glencore reported total carbon emissions of approximately 416,400,000,000 kg CO2e. This figure includes Scope 1 emissions of about 16,200,000,000 kg CO2e, Scope 2 emissions of approximately 10,900,000,000 kg CO2e (market-based), and a significant Scope 3 contribution of around 313,300,000,000 kg CO2e from the use of sold products. 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 a 2019 baseline. Additionally, the company has a long-term goal of achieving net zero CO2e emissions across all scopes by 2050, contingent on a supportive policy environment. In previous years, Glencore has also targeted a 5% reduction in industrial Scope 1 and 2 emissions intensity by 2020 compared to a 2016 baseline. The company continues to focus on reducing its carbon footprint while navigating the complexities of the global energy transition.
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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 | 000,000,000,000 | 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 | 000,000,000,000 | 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 | 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 | 000,000,000,000 |
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.
