Glencore

Glencore

Community score

-2.44 -55
Industry: Metals & Mining
Listing country: United Kingdom
Year added: 2018

Founded in 1974, this company has its headquarters based in Baar, Switzerland, and operates predominantly in commodity trading and mining. With a diverse portfolio of business segments, it deals extensively in metals and minerals such as copper, zinc, nickel, ferroalloys, alumina, aluminum, and iron ore. In the energy sector, its products include coal, oil, and gas. Furthermore, it is also involved in the agricultural market, providing grains, oils, oilseeds, cotton, and sugar. Unlike typical consumer goods companies, it does not have a portfolio of consumer-facing brands due to its focus on commodities. Instead, the company's reach is international, with their commodities and products sold worldwide. Their market is particularly strong in countries with high industrial and manufacturing activities, counting major industrialized, and emerging economies like China, the United States, and the European Union among their most important markets. (Powered by AI)

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Glencore

Around 476 million (Mn) indigenous people make up 6% of the global population but 19% of the extremely poor population1. Their communities face explicit usurp, including land grabbing and invasion2;p6. These activities deprive them of their land a...

S Chandrakant Reddy S. March 5th, 2024
34 ratings
Glencore

As of 2017 (latest data available), the world generated around 20 billion (Bn) tonnes (t) of waste, estimated to increase and reach 46 Bn t by 20501. Industrial growth worldwide has exacerbated industrial waste generation, which is particularly to...

Ayomide M. February 29th, 2024
20 ratings
Glencore

About 125 million (Mn) tonnes (t) of scrap metals were estimated to be produced globally1. Heavy metals such as copper, zinc, aluminium, lead, etc, when sent to the environment, leach into the atmosphere, soil, and water—thus degrading the ecosy...

Gift O. February 14th, 2024
16 ratings
Glencore

Metals and minerals are inorganic substances found in the Earth’s crust and are a fundamental part of our everyday life1;p1. They are used in the building of our homes and schools, for the generation of heat and electricity, and as crucial parts...

Feyisayo Favour F. January 24th, 2024
72 ratings
Glencore

GHGs trap the Sun's heat & cause a rise in temperature, sea level, extreme weather conditions & climate change1. Industries must develop carbon-free systems to meet the Paris Agreement's goal of keeping global average temperature increase well bel...

Rebecca L. January 16th, 2024
20 ratings
Glencore

Around 4 trillion m3 of freshwater is consumed worldwide every year1. Only 3% of the total available water on Earth is freshwater, and only 0.5% is available for human consumption2. Around 20% of the total water consumption is used for industrial ...

Ifeoluwa I. December 21st, 2023
42 ratings
Glencore

Modern slavery violates human rights as it strips people's freedom forcing them to work through threats and violence1. The working conditions in the mining sector are tainted with forced labor (child labor as well), excessive working hours, bonded...

Emmanuel J. November 22nd, 2023
34 ratings
Glencore

To ensure strong institutions and the well-being of society, governments spend a considerable amount of the state's budget on public goods and services, which are funded through taxes paid by individuals and corporations1. On average, the statutor...

Oyelakin M. November 7th, 2023
16 ratings
Glencore

Around 3.3 billion people are employed globally as of 20221. Job creation is vital for society, as well as for the economy2. It fuels economic growth as the spending of wages leads to higher consumer spending3. It reduces poverty by providing soci...

Faith F. September 5th, 2023
24 ratings
Glencore

 

Discrimination during studies, the high unemployment rate, and the widened racial pay gap make it harder for minorities to meet basic financial requirements1. Increasing minority representation improves their socioeconomic status, economic, phys...

Emmanuel C. July 7th, 2023
16 ratings

Most negative / positive SDG

+2.75
-4.51