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SUSTAINABILITY
Climate change
We aim to be a net zero total emissions company by 2050.
We understand that climate change is a global challenge and a shared responsibility. As one of the world’s largest diversified resource companies, Glencore is proud to play a role in supporting the transition to a low carbon future.
Our commitment
We aim to be a net zero total emissions company by 2050. This means we’re not only reducing the direct emissions from our own operations (Scope 1 and Scope 2 emissions), but also those created from the use of our products (Scope 3).
This includes:
- 15% reduction in total emissions by 2026
- 50% reduction in total emissions by 2035
- achieve net zero total emission by 2050.
Our pathway to net zero
Our strategy
We are investing in the critical metals and minerals (like copper, cobalt, nickel and zinc) needed to make a low carbon future possible. We also believe that the most responsible pathway to achieve our aim of net zero total emissions by 2050 is to continue to meet the energy needs of today and responsibly manage the depletion of our coal operations over time.
Our climate change commitment of net zero total emissions by 2050 is industry leading as it includes scope 1, 2 and 3 emissions.
This means we’re not only reducing the direct emissions from our own operations (Scope 1 and Scope 2 emissions), but also those created by our customers from the use of our products (Scope 3).
Glencore is one of the world’s largest producers of the green metals – like copper, nickel, cobalt and zinc.
These green metals are needed to build everything from medical equipment, smart phones and infrastructure to EV batteries and renewable energy.
Many countries still depend on fossil fuels for energy. As the world transitions towards zero emission energy sources we will responsibly manage the depletion of our coal operations.
In Australia, we are a leader in mine rehabilitation and closure and believe this is also a very important part of transitioning to a low carbon future.
- Find out more about our approach to climate change
- Read our detailed Climate Strategy document: Pathway to Net Zero - 2021 progress report (PDF 10MB)
Watch the videos below to learn more.