Glencore Plc
Industry Group: Diversified Metals
Country/Region: Switzerland
Identifier: LON:GLEN
Glencore is one of the world’s largest commodities traders, active in markets for metals and minerals, energy products, and agricultural goods. The firm's marketing business provides sourcing, logistics, transportation, storage, and financing services to commodity producers and consumers around the globe. Core exposures are in the production of thermal coal, coking coal, copper, zinc, nickel, cobalt, and ferroalloys. Unlike other major miners, Glencore plans to produce thermal coal until its mines exhaust, arguing that it is better for listed, western companies to own these assets and then rehabilitate them consistent with western standards. It also expanded its coking coal exposure via the purchase of 77% of Teck's metallurgical coal business in July 2024.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Diversified Metals 85 out of 230
Universe
Global Universe 13721 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Southern Copper Corp. |
25.6
Medium
|
14 out of 230 |
Freeport-McMoRan, Inc. |
28.1
Medium
|
27 out of 230 |
Vale SA |
33.7
High
|
57 out of 230 |
Glencore Plc |
38.9
High
|
85 out of 230 |
Saudi Arabian Mining Co. |
48.5
Severe
|
151 out of 230 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Glencore Plc's Exposure is High
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Glencore Plc's Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for Glencore Plc
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What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Glencore Plc's ESG Risk Rating in the last three years
Highest Controversy Level