REG - Glencore PLC - Glencore publishes 2023 Sustainability Report

GlencoreAnnouncement

17/05/2024 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240517:nRSQ8164Oa&default-theme=true

RNS Number : 8164O  Glencore PLC  17 May 2024

 

Glencore plc

17 May 2024

Baar, Switzerland

 

Glencore publishes 2023 Sustainability Report

 

Today, Glencore plc ("Glencore") published its 2023 Sustainability Report,
which is available at glencore.com/publications
(http://www.glencore.com/publications) .

 

As in previous years, this year's Sustainability Report covers the material
sustainability-related topics that are not covered in detail in our other
publications. In addition to providing an overview of the approach,
performance and activities during the year for each of the included topics, we
include case studies on the work undertaken by our commodity departments to
drive improved performance in our industrial activities.

 

Kalidas Madhavpeddi, Chairman, notes "We are proud of our efforts to develop a
comprehensive sustainability approach, including through our Policies and
supporting Standards and Procedures, and continue to work to enhance and embed
these throughout our business. We identify areas for improvement through
various monitoring and assurance activities and recognise that the global
nature of our business can present challenges as well as opportunities in
terms of realising our goals and embedding our approach across the
organisation."

 

Gary Nagle, Chief Executive Officer, said "Our 2023 Sustainability Report sets
out our performance across important sustainability topics, as well as
examples of how our industrial assets are generating positive changes in their
operating jurisdictions.

 

"We are committed to transparently engaging with our stakeholders on our
ongoing efforts to operate in a responsible and ethical manner."

 

Alongside our 2023 Sustainability Report, we have published our 2023 ESG
(environment, social and governance) Data Book, which provides further
detailed information and metrics and is available on our website.

 

For further information please contact:

 Investors
 Martin Fewings     t: +41 41 709 28 80  m: +41 79 737 56 42  martin.fewings@glencore.com
 Media
 Charles Watenphul  t: +41 41 709 24 62  m: +41 79 904 33 20  charles.watenphul@glencore.com

 

www.glencore.com

Glencore LEI: 2138002658CPO9NBH955

Notes for Editors

Glencore is one of the world's largest global diversified natural resource
companies and a major producer and marketer of more than 60 commodities that
advance everyday life. Through a network of assets, customers and suppliers
that spans the globe, we produce, process, recycle, source, market and
distribute the commodities that support decarbonisation while meeting the
energy needs of today.

With over 150,000 employees and contractors and a strong footprint in over 35
countries in both established and emerging regions for natural resources, our
marketing and industrial activities are supported by a global network of more
than 50 offices.

Glencore's customers are industrial consumers, such as those in the
automotive, steel, power generation, battery manufacturing and oil sectors. We
also provide financing, logistics and other services to producers and
consumers of commodities.

Glencore is proud to be a member of the Voluntary Principles on Security and
Human Rights and the International Council on Mining and Metals. We are an
active participant in the Extractive Industries Transparency Initiative.

We will support the global effort to achieve the goals of the Paris Agreement
through our efforts to decarbonise our own operational footprint. We believe
that we should take a holistic approach and have considered our commitment
through the lens of our global industrial emissions. Against a restated 2019
baseline, we are targeting to reduce our Scope 1, 2 and 3 industrial emissions
by 15% by the end of 2026, 25% by the end of 2030, 50% by the end of 2035 and
we have an ambition to achieve net zero industrial emissions by the end of
2050, subject to a supportive policy environment. For more information see our
2024-2026 Climate Action Transition Plan and the About our emissions
calculation and reporting section in our 2023 Annual Report, available on our
website at glencore.com/publications.

 

linkedin.com/company/glencore

twitter.com/glencore

instagram.com/glencoreplc

facebook.com/glencore

youtube.com/glencorevideos

 

Important Information

This material does not purport to contain all of the information you may wish
to consider. For further important information, including in connection with
forward-looking statements and other cautionary information, refer to the
Important notice section of Glencore's 2023 Annual Report, which is available
at glencore.com/publications. This document does not constitute or form part
of any offer or invitation to sell or issue, or any solicitation of any offer
to purchase or subscribe for any securities.

 

Other information

The companies in which Glencore plc directly and indirectly has an interest
are separate and distinct legal entities. In this document, "Glencore",
"Glencore group" and "Group" are used for convenience only where references
are made to Glencore plc and its subsidiaries in general. These collective
expressions are used for ease of reference only and do not imply any other
relationship between the companies. Likewise, the words "we", "us" and "our"
are also used to refer collectively to members of the Group or to those who
work for them. These expressions are also used where no useful purpose is
served by identifying the particular company or companies.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DOCZZGMKLVFGDZM