Glencore pays up to $1.5B to resolve corruption claims
Read full article: Glencore pays up to $1.5B to resolve corruption claimsCommodities firm Glencore says it has reached deals with authorities in the United States, Britain and Brazil to resolve corruption allegations in return for penalties totaling up to $1.5 billion.
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Mining giant Glencore lays out climate plan as CEO retires
Read full article: Mining giant Glencore lays out climate plan as CEO retiresMining giant Glencore said Friday that it aims to stop adding greenhouse gas emissions to the atmosphere by 2050. (AP Photo/Keystone, Urs Flueeler, file)BERLIN – Mining giant Glencore said Friday that it aims to stop adding greenhouse gas emissions to the atmosphere by 2050. The term net zero means Glencore will only emit as much carbon dioxide and other planet-warming gases as can be absorbed again through technological and natural means. Several countries and companies have recently pledged to aim for net zero by 2050 as part of global efforts to curb climate change. Scientists say man-made greenhouse gas emissions need to drop drastically in the coming decades in order to keep global warming well below 2 degrees Celsius (3.6 Fahrenheit) as agreed in the 2015 Paris climate accord.