Glencore PLC 2024 AR2
The report highlights Glencore's operational and financial performance in 2024, noting the successful acquisition of a 77% interest in Elk Valley Resources (EVR) and the decision to retain its coal and carbon steel materials business. Financially, the company generated an adjusted EBITDA of $14.4 billion and funds from operations of $10.5 billion, despite lower average energy coal prices. On sustainability, Glencore progressed its climate strategy, achieving a 23.8% reduction in Scope 1, 2, and 3 industrial emissions compared to its restated 2019 baseline (excluding EVR). Additionally, the company reported its lowest total recordable injury frequency rate in a decade, though it regrettably recorded four work-related fatalities.
Company: Glencore PLC
Sector: Materials
Country: Switzerland
Year: 2024
Type: AR2
Pages: 273
Glencore PLC
Annual Report
The report highlights Glencore's operational and financial performance in 2024, noting the successful acquisition of a 77% interest in Elk Valley Resources (EVR) and the decision to retain its coal and carbon steel materials business. Financially, the company generated an adjusted EBITDA of $14.4 billion and funds from operations of $10.5 billion, despite lower average energy coal prices. On sustainability, Glencore progressed its climate strategy, achieving a 23.8% reduction in Scope 1, 2, and 3 industrial emissions compared to its restated 2019 baseline (excluding EVR). Additionally, the company reported its lowest total recordable injury frequency rate in a decade, though it regrettably recorded four work-related fatalities.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees