Glencore PLC — Ethics Grade F

Glencore PLC receives an overall ethics grade of F (15/100) on CancelCo's corporate accountability database. Sector: Energy. Market cap: Large Cap.

Category scores

• labor: 25
• privacy: 90
• consumer: 50
• environment: 20
• humanRights: 10

Documented incidents (3)

• Multi-Country Bribery Scheme (high, 2022) — Glencore pleaded guilty to a decade-long scheme involving bribery of foreign officials across several countries in Africa and Latin America to secure oil contracts.
• Cobalt Mining Lawsuit (high, 2019) — Glencore was named in a landmark human rights lawsuit regarding child labor deaths and injuries in cobalt mines located in the Democratic Republic of Congo.
• Zambia Air Pollution (medium, 2020) — Mopani Copper Mines, owned by Glencore, faced years of criticism for sulfuric acid emissions and sulfur dioxide levels that severely exceeded WHO guidelines, affecting local residents' health.

Documented good deeds

• Coal Production Cap — Following pressure from investors, Glencore committed to capping its coal production to help meet Paris Agreement climate targets.

Ethical alternatives

• BHP Group — While still a mining giant, BHP has better disclosure and has divested from most thermal coal operations compared to Glencore.