How Glencore Looks to Build Its Green Cred

The video discusses Glencore's sustainability efforts, focusing on reducing CO2 emissions and achieving net zero by 2050. It highlights the company's strategy to maintain high-quality coal assets while addressing emissions, particularly Scope 3. Glencore aims to increase production of metals essential for decarbonization, like copper and nickel, while ensuring responsible mining operations. The video also covers challenges in the supply chain, especially in the Democratic Republic of Congo, and the potential impact of regulatory changes on market dynamics.

What is one of Glencore's major sustainability targets for 2050?

• Increase coal production by 50%

• Achieve complete net zero emissions

• Reduce nickel production by 20%

• Double copper production

How does Glencore plan to manage its coal assets by 2050?

• Sell all coal assets

• Convert coal mines to copper mines

• Focus on high-quality coal assets

• Increase coal production

What is a significant challenge in reducing Scope 3 emissions?

• Increasing oil production

• Zeroing out emissions from product use

• Reducing zinc production

• Finding new mining locations

Which energy source is used 100% in Glencore's operations in the Democratic Republic of Congo?

• Nuclear energy

• Hydro energy

• Wind energy

• Solar energy

What is unique about the nickel mines Glencore is developing in Canada?

• They use only fossil fuels

• They are the largest in the world

• They produce only zinc

• They are the first fully electric underground mines

What is a major factor that could limit Glencore's ability to operate in certain regions?

• Lack of technology

• Excessive coal reserves

• High demand for oil

• Political constraints

What is a key challenge in the cobalt supply chain in the Democratic Republic of Congo?

• Artisanal mining practices

• Lack of demand

• High transportation costs

• Overproduction