- Four occupational fatalities in 2023.
- Lower commodity prices (coal, cobalt, nickel, zinc).
- Oversupply in cobalt and nickel markets.
- Ongoing investigations by Swiss and Dutch authorities.
- Increased number of new occupational disease cases (162 in 2023 vs 101 in 2022).
Glencore plc
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Glencore plc disclosed greenhouse gas emissions of 432.8 million tCO2e/year. By scope: Scope 1: 16.7 million tCO2e/year; Scope 2: 10.3 million tCO2e/year (market-based); Scope 3: 405.8 million tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
432.8 million tCO2e/year
2023
Renewable Energy
5.4%
of total energy
Water Usage
950 million m3/year
2023
Energy Use
202 PJ/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 16.7 million tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 10.3 million tCO2e/year (market-based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 405.8 million tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 432.8 million tCO2e/year |
| 2022 | 370 million tonnes CO2e |
| 2021 | 25.7K thousand tonnes CO2e (Scope 1 and 2 location based) + 253908 thousand tonnes CO2e (Scope 3) |
| 2020 | 313 million tonnes CO2e (Scope 1+2+3) |
| 2018 | 30.3 million tonnes CO2e (2017: 33.2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced Scope 1 and 2 market-based industrial emissions by 7% to 27.0 million tonnes CO2e in 2023 (compared to 29.2 million tonnes in 2022). Overall Scope 1, 2 and 3 emissions are down 22% compared to the restated 2019 baseline.
- Met the ICMM’s 5 August 2023 deadline for GISTM disclosures on TSFs with a ‘Very High’ and ‘Extreme’ Consequence Classification.
- Finalised the assessment of material water-related risks and set local water targets for industrial assets located in water-stressed areas.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce Scope 1, 2 and 3 industrial emissions by 15% by the end of 2026.
📅 Medium-term
- Reduce Scope 1, 2 and 3 industrial emissions by 50% by the end of 2035.
- Progress industrial assets and offices from Foundational to Transitional level of IDEAL maturity by H1 2025.
🔭 Long-term
- Achieve net zero industrial emissions by the end of 2050 (subject to a supportive policy environment).
🌱 ESG Focus Areas
Climate changeSafetyResponsible sourcingHuman rightsCommunity relationsDiversity, Equity and InclusionEthics and ComplianceTransparencyTailings Dam ManagementWater ManagementLand ManagementBiodiversityJust Transition