Jump to navigation

Vol 62 No 17

Published 26th August 2021

Glencore signals new virtue

The trader pledges action on climate change and corruption, but it profits vastly from fossil fuels and faces multiple bribery investigations

Glencore has won plaudits for promises to become carbon neutral. Yet its last annual report vaunts record profits of nearly half a billion dollars from trading oil and coal. And while prominently displaying its transparency in countries such as Congo-Kinshasa, it has never been in more trouble over its dubious deals with shady middlemen.

End of preview - This article contains approximately 1628 words.

End of preview

Subscribers: Log in now to read the complete article.

Account Holders: Log in now and use your Account Credit to buy this article. No Credit? Top up your Account now.

If you are logged in, but still cannot access the full text of this article, email customer services or telephone us on +44(0)1638 743633.