Glencore International

InfluenceMap Score
E
Performance Band
31%
Organisation Score
34%
Relationship Score
Modifications to InfluenceMap Scoring
Sector:
Materials
Head​quarters:
Baar, Switzerland
Brands and Associated Companies
globalCOAL, Xstrata
Official Web Site:
Wikipedia:

Glencore is negatively positioned with regards to meaningful climate change policy and appears particularly active in its advocacy in Australia and South Asia. In 2017 Glencore’s coal chief, Peter Freyberg, argued for Australia to delay its Paris Agreement commitments, opposing dramatic GHG emissions reductions, with Glencore further stipulating in 2017 that reductions must be “cost-effective” and focus on utilizing low emissions fossil fuel technology. Despite declaring support for “market mechanisms” to price carbon, evidence suggests Glencore is unsupportive of a South African carbon tax, disclosing opposition to the policy in its CDP Climate Information Request response, stressing costs and carbon leakage concerns in other communications. Glencore also takes an unsupportive position on renewable energy legislation, with the head of Glencore’s coal assets, Peter Freyberg, warning in 2017 that Australia had reached a “tipping point” of industrial energy “demand destruction” due to the expansion of renewable energy, supporting the abolishment of Australia’s renewable energy target. Glencore strongly supports a high GHG energy mix, actively working in 2016-18 to maintain a sustained role for coal in world energy. In 2019, it was revealed that Glencore had been funding a secret multi-million dollar communications campaign aimed at shifting public and government attitudes in Australia towards coal between 2017 and early 2019. Glencore Head of Coal Assets Peter Freyberg is head of the International Energy Agency’s (IEA) Coal Industry Advisory board (CIAB), which advises the IEA and its member states on coal and energy policy globally. In 2017, Glencore helped author a report by the CIAB (along with the Minerals Council of Australia and the World Coal Association) that calls on development banks such as the World Bank and Asian Development Bank to finance coal technology “on a par with other low-carbon electricity-generation technologies”. Glencore retains strong links to several Australian trade associations very actively promoting a pro-coal agenda in the country, including holding vice-President of the board of the Queensland Resources Council and board-membership of the Minerals Council of Australia.

QUESTIONS SOURCES Main Web Site Social Media CDP Responses Legislative Consultations Media Reports CEO Messaging Financial Disclosures EU Register
Climate Science Transparency 2 2 NS NS NS NS NS NA
Climate Science Stance -1 1 NA -1 -1 0 NS NA
Need for Climate Regulation -1 NS NS NS -1 NS NS NA
UN Treaty Support 0 1 NS NS -1 NS NS NA
Transparency on Legislation 0 NA -2 NA NA NA NS NA
Carbon Tax -1 NS -1 NS -2 0 NS NA
Emissions Trading 0 NS 0 NS -1 NS NS NA
Energy Efficiency Standards NS NS NS NS NS NS NS NA
Renewable Energy Legislation NS NS 0 NS -1 NS NS NA
Energy Policy and Mix -2 -1 NS -2 -1 0 NS NA
GHG Emission Standards NS NS NS NS -1 NS NS NA
Disclosure on Relationships 0 NS -2 NA NA NA NS NA
Climate Lobbying Governance NS NS NS NS NS NS NS NS
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
47%
 
47%
 
21%
 
21%
 
36%
 
36%
 
28%
 
28%
 
41%
 
41%
 
23%
 
23%
 
7%
 
7%
 
29%
 
29%

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.