Glencore International — Ethics Grade F

Glencore International 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: 10
• privacy: 85
• consumer: 40
• environment: 15
• humanRights: 8

Documented incidents (3)

• Global Bribery Scheme (high, 2022) — Glencore pleaded guilty to multi-year bribery and market manipulation schemes across Africa and South America. They admitted to paying over $100 million in bribes to secure preferential treatment from state-owned entities.
• DRC Child Labor Accusations (high, 2020) — The company was named in a landmark lawsuit regarding forced child labor in cobalt mines in the Democratic Republic of Congo. Plaintiffs alleged the company benefited from hazardous working conditions involving children.
• Chad Oil Spill Damages (high, 2021) — A massive spill from an oil basin at the Badila field in Chad resulted in contaminated water and agricultural land for local communities. Residents reported health issues and loss of livestock which went largely uncompensated for years.

Documented good deeds

• Coal Mine Closure Plan — Announced a definitive timetable for the managed phase-out of thermal coal assets to align with global net-zero targets.

Ethical alternatives

• Norsk Hydro — Leader in carbon-neutral aluminum production and rigorous supply chain ethics.