Glencore: Publication of 2022 Annual and Climate Reports Donnerstag, 23. März 2023 - 14:41

Glencore plc

Baar, Switzerland

23 March 2022

Publication of 2022 Annual and Climate Reports

Glencore plc ("Glencore" or the "Company") has today:

• published its Annual Report for the year ended 31 December 2022 ("Annual Report") on its website www.glencore.com as required by DTR 4.1.3 R and 6.3.5 R; and
• submitted a copy of the Annual Report to the Financial Conduct Authority's (FCA) National Storage Mechanism in accordance with LR 9.6.1 R.
• published its 2022 Climate Report
  

The Annual Report will shortly be available for inspection on the FCA's National Storage Mechanism:

fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism 

Our 2022 Climate Report provides an update on the progress we have made on our Climate Action Transition Plan, published in late 2020.

Glencore will hold its 2022 Annual General Meeting on 26 May 2022. Further details will be available in the notice of meeting, which will be released next month.

The Appendix to this announcement contains the following additional information which has been extracted from the Annual Report for the purposes of compliance with DTR 4.1.12 R and 6.3.5 R only:

• a description of principal risks and uncertainties;
• a note on related party transactions; and
• the Directors' Responsibilities Statement.
  

The Appendix should be read in conjunction with Glencore's Preliminary Results Announcement issued on 15 February 2023 (including the notice on forward looking statements at the end of that announcement). Together these constitute the material required by DTR 4.1.12 R and 6.3.5 R to be communicated to the media in unedited full text through a Regulatory Information Service. This announcement should be read in conjunction with and is not a substitute for reading the full Annual Report.

Page and note references in the text below refer to page numbers and notes in the Annual Report and terms defined in that document have the same meanings in these extracts.

For further information please contact:

www.glencore.com

Glencore LEI: 2138002658CPO9NBH955

Notes for Editors

Glencore is one of the world's largest global diversified natural resource companies and a major producer and marketer of more than 60 commodities that advance everyday life. Through a network of assets, customers and suppliers that spans the globe, we produce, process, recycle, source, market and distribute the commodities that support decarbonisation while meeting the energy needs of today.

With around 140,000 employees and contractors and a strong footprint in over 35 countries in both established and emerging regions for natural resources, our marketing and industrial activities are supported by a global network of more than 40 offices.

Glencore's customers are industrial consumers, such as those in the automotive, steel, power generation, battery manufacturing and oil sectors. We also provide financing, logistics and other services to producers and consumers of commodities.

Glencore is proud to be a member of the Voluntary Principles on Security and Human Rights and the International Council on Mining and Metals. We are an active participant in the Extractive Industries Transparency Initiative.

We recognise our responsibility to contribute to the global effort to achieve the goals of the Paris Agreement by decarbonising our own operational footprint. We believe that we should take a holistic approach and have considered our commitment through the lens of our global industrial emissions. Against a 2019 baseline, we are committed to reducing our Scope 1, 2 and 3 industrial emissions by 15% by the end of 2026, 50% by the end of 2035 and we have an ambition to achieve net zero industrial emissions by the end of 2050. For more detail see our 2022 Climate Report on the publication page of our website at glencore.com/publications.

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Disclaimer
The companies in which Glencore plc directly and indirectly has an interest are separate and distinct legal entities. In this document, "Glencore", "Glencore group" and "Group" are used for convenience only where references are made to Glencore plc and its subsidiaries in general. These collective expressions are used for ease of reference only and do not imply any other relationship between the companies. Likewise, the words "we", "us" and "our" are also used to refer collectively to members of the Group or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies.