Glencore
One of the most significant globally diversified natural resource businesses in the world, Glencore is also an important producer and trader of more than 60 common goods. With more than 35 nations in existing and new natural resource sectors, Glencore, created in the 1970s as a trading firm, has expanded to become a significant manufacturer and marketer of commodities with some 140,000 workers and contractors. Industrial users, such as those in the automotive, steel, power generation, battery production, and oil industries, make up Glencore's clientele. Glencore additionally offers manufacturers and buyers of goods financial, logistical, and other services.
Glencore wants to source goods that support daily living ethically. Because of its distinctive business strategy, Glencore can produce, recycle, and market the materials required to decarbonize electricity while lowering its emissions. The group's strategic aspirations to play a leading role in assisting the decarbonization of the world's energy demands through the supply of metals like copper, cobalt, zinc, and nickel—which are crucial for the shift to a low-carbon economy—are supported by the portfolio's diversification. Glencore participates in the International Council on Mining and Metals and the Voluntary Principles of Security and Human Rights. The business takes part in the Extractive Industry Transparency Initiative actively. Glencore wants to have zero emissions by the year 2050.
Founded: 1974
Headquarters: Baar, Switzerland
Website: https://www.glencore.com/