Glencore PLC Publication of Ethics and Compliance Report 2022 (7848X)
28 Abril 2023 - 2:00AM
UK Regulatory
TIDMGLEN
RNS Number : 7848X
Glencore PLC
28 April 2023
Glencore plc
Baar, Switzerland
28 April 2023
Publication of Ethics and Compliance Report 2022
Glencore today publishes its annual Ethics and Compliance Report
, supporting our commitment to being a responsible and ethical
operator. The report provides a detailed overview of Glencore's
Ethics and Compliance Programme and insights into the achievements
and progress we have made throughout the year.
Since the publication of our first Ethics and Compliance Report
last year, we have resolved investigations by authorities in the
United States, the United Kingdom and Brazil concerning bribery and
market manipulation. We continue to cooperate with the Swiss and
Dutch authorities on their ongoing investigations.
We will continuously improve our Ethics and Compliance Programme
and are committed to using the lessons learned from the
investigations to drive our focus on ethical business
practices.
Kalidas Madhavpeddi, Chairman, said: "The Board and the
management team are committed to operating a company that creates
value for all stakeholders by operating transparently under a
well-defined set of Values, with openness and integrity at the
forefront. We want Glencore to be an employer of choice, attracting
and retaining the best talent and competing not only in terms of
the unique value proposition that Glencore has to offer, but also
in its commitment to acting ethically and responsibly across all
aspects of its business."
Gary Nagle, CEO, said: "We take pride in the company we work for
and believe in our Purpose of responsibly sourcing the commodities
that advance everyday life. I am very proud of the Ethics and
Compliance Programme that we have built and the strides that we
have made to reinforce our commitment to an ethical culture
throughout our business. This report is a testament to these
efforts, which began before the investigations commenced."
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 around 140,000 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 40
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 recognise our responsibility to contribute to the global
effort to achieve the goals of the Paris Agreement by decarbonising
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 2019 baseline,
we are committed to reducing our Scope 1, 2 and 3 industrial
emissions by 15% by the end of 2026, 50% by the end of 2035 and we
have an ambition to achieve net zero industrial emissions by the
end of 2050. For more detail see our 2022 Climate Report on the
publication page of our website at glencore.com/publications .
linkedin.com/company/glencore
twitter.com/glencore
instagram.com/glencoreplc
facebook.com/glencore
youtube.com/glencorevideos
Disclaimer
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.
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