Glencore plc, a global diversified natural resource company, has released its 2023 Sustainability Report, highlighting its comprehensive sustainability approach and performance across important sustainability topics. The report covers material sustainability-related topics and includes case studies on the company's efforts to drive improved performance in its industrial activities. Glencore's Chairman, Kalidas Madhavpeddi, expressed pride in the company's sustainability approach and its ongoing efforts to enhance and embed these practices throughout the business.
The Chief Executive Officer, Gary Nagle, emphasized the commitment to transparently engage with stakeholders on the company's responsible and ethical operations. Alongside the Sustainability Report, Glencore also published its 2023 ESG (environment, social, and governance) Data Book, providing detailed information and metrics. The company aims to support the global effort to achieve the goals of the Paris Agreement through its commitment to decarbonize its operational footprint.
Glencore, with over 150,000 employees and contractors, operates in over 35 countries and is a major producer and marketer of more than 60 commodities. The company's customers include industrial consumers in various sectors, and it also provides financing, logistics, and other services to producers and consumers of commodities. Glencore is a member of the Voluntary Principles on Security and Human Rights and the International Council on Mining and Metals, actively participating in the Extractive Industries Transparency Initiative.
The company's commitment to reducing industrial emissions includes targeting a 15% reduction by the end of 2026, 25% by the end of 2030, and 50% by the end of 2035, with an ambition to achieve net zero industrial emissions by the end of 2050, subject to a supportive policy environment. Glencore's 2023 Annual Report, 2024-2026 Climate Action Transition Plan, and further information are available on its website.
For further information, Glencore has provided contact details for investors and media. The company's efforts to operate in a responsible and ethical manner are evident in its sustainability initiatives and commitment to transparency, aligning with its goal to support decarbonization while meeting the energy needs of today.