Glencore International AG — Ethics Grade F

Glencore International AG receives an overall ethics grade of F (12/100) on CancelCo's corporate accountability database. Sector: Mining & Metals. Market cap: Large Cap.

Category scores

• labor: 15
• privacy: 90
• consumer: 45
• environment: 20
• humanRights: 5

Documented incidents (3)

• Global Bribery and Market Manipulation (high, 2022) — Glencore pleaded guilty to a decade-long scheme involving briberies of officials in multiple African and South American nations to secure oil contracts. It also admitted to market manipulation in the US commodity markets.
• DRC Cobalt Mining Violations (high, 2019) — Named in a landmark lawsuit regarding forced child labor and safe working conditions in the Democratic Republic of Congo. Children were found working in hazardous conditions in mines supply minerals to Glencore's operations.
• Air and Water Pollution in Colombia (medium, 2021) — The Prodeco coal mine in Colombia faced massive fines and community complaints for dust pollution and failing to properly clean up mine sites before returning licenses, impacting local health.

Documented good deeds

• Battery Metal Recycling — Glencore has invested in Li-Cycle to scale battery recycling and reduce the need for primary mining of lithium and cobalt.

Ethical alternatives

• Norsk Hydro — Stronger anti-corruption frameworks and higher emphasis on renewable energy in their metals production.