Glencore PLC 2019 AR2
The report outlines Glencore's performance and strategic progress for the fiscal year 2019, highlighting its role in the transition to a low-carbon economy. During the year, the company reduced its Scope 1 and 2 greenhouse gas emissions intensity by 9.7% compared to a 2016 baseline, on track to exceed its 2020 target. However, the company faced challenges, including seventeen workplace fatalities, prompting the implementation of an enhanced fatality reduction programme. Financially, Glencore reported an Adjusted EBITDA of $11.6 billion, down 26% from 2018 due to weaker commodity prices, and recommended a $2.6 billion distribution for 2020.
Company: Glencore PLC
Sector: Mining & quarrying
Country: Switzerland
Year: 2019
Type: AR2
Pages: 256
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Glencore PLC
Annual Report
The report outlines Glencore's performance and strategic progress for the fiscal year 2019, highlighting its role in the transition to a low-carbon economy. During the year, the company reduced its Scope 1 and 2 greenhouse gas emissions intensity by 9.7% compared to a 2016 baseline, on track to exceed its 2020 target. However, the company faced challenges, including seventeen workplace fatalities, prompting the implementation of an enhanced fatality reduction programme. Financially, Glencore reported an Adjusted EBITDA of $11.6 billion, down 26% from 2018 due to weaker commodity prices, and recommended a $2.6 billion distribution for 2020.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Women in Management
Workplace Fatalities
Employees