Glencore PLC

Common Name
Glencore
Country
Switzerland
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Employees
83,426
Ticker
GLEN
Exchange
LONDON STOCK EXCHANGE
Description
Glencore plc is a leading global diversified natural resource company focused on the production, refinement, and marketing of metals and minerals, energy products, and agricultural goods. As a major p...

Glencore's GHG Emissions Data Preview

In 2023, Glencore completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Glencore has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Glencore's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Glencore amounted to 26,380,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Glencore decreased by 6.55%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Glencore's Scope 1 Emissions Over Time

2019202020212022202305 M10 M15 M20 MtCO2e-20%+5%+3%+2%
  • Total Scope 1
  • Year-over-Year Change

What are Glencore's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Glencore were 16,717,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Glencore reduced its Scope 1 emissions over time?

Since 2019, Glencore's Scope 1 emissions have decreased by 12.1%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Glencore's Scope 1 emissions increased by 2.01%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Glencore's Scope 2 emissions?

In 2023, Glencore reported Scope 2 greenhouse gas (GHG) emissions of 10,331,000 tCOâ‚‚e using the market-based method, and 9,663,000 tCOâ‚‚e using the location-based method.

Has Glencore reduced its Scope 2 emissions over time?

Since 2019, Glencore's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 16.45%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Glencore's Scope 2 emissions (Location-Based) fell by 18.39% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Glencore use for Scope 2 reporting?

In 2023, Glencore reported its Scope 2 emissions using the market-based method and using the location-based method.

Glencore's Scope 2 Emissions Over Time

2019202020212022202303.5 M7 M10.5 M14 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Glencore's Value Chain Emissions

In 2023, Glencore reported 405,760,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Glencore includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Glencore's Scope 3 Emissions Over Time

201920202021202220230150 M300 M450 M600 MtCO2e-26%+17%-11%+10%
  • Total Scope 3
  • Year-over-Year Change

What are Glencore's Scope 3 emissions?

In 2023, Glencore reported total Scope 3 emissions of 405,760,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 7.62% of these emissions originated from upstream activities such as purchased goods and capital goods, while 92.38% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Glencore reduced its Scope 3 emissions over time?

Since 2019, Glencore's Scope 3 emissions have decreased by 14.88%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Glencore's Scope 3 emissions increased by 10.18%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Glencore disclose?

In 2023, Glencore reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Glencore's Scope 3 emissions?

In 2023, the largest contributors to Glencore's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 324,405,000 tCOâ‚‚e (79.95%)
  • Investments (Cat. 15): 32,982,000 tCOâ‚‚e (8.13%)
  • Processing of Sold Products (Cat. 10): 17,464,000 tCOâ‚‚e (4.3%)

Glencore's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(79.9%)Processing of SoldProducts (Cat. 10)(4.3%)Investments(Cat. 15)(8.1%)

Insights into Glencore's Total Carbon Footprint

In 2023, Glencore reported a total carbon footprint of 432,140,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.99% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Glencore's total carbon footprint was Scope 3 emissions, accounting for 93.9% of the company's total carbon footprint, followed by Scope 1 emissions at 3.87%.