22 June 2017
Payments to Governments Report 2016
This report discloses the payments Glencore made during 2016 on a country-by-country and project-by-project basis and is in accordance with the reporting requirements of Chapter 10 of the EU Accounting Directive.
Glencore is committed to the highest standards of corporate governance and transparency and support increased transparency around the redistribution and reinvestment of such payments.
This report continues to build upon the disclosures we have provided in our annual Sustainability Reports since 2010, and our commitment as an active member of the Extractive Industries Transparency Initiative (EITI).
The Payments to Governments Report is now available on our website at:
Glencore will today submit to the UK Storage Mechanism a copy of this report in accordance with the Listing Rules. The report will shortly be available for inspection on the National Storage Mechanism: http://www.morningstar.co.uk/uk/NSM.
For further information please contact:
t: +41 41 709 2880
m: +41 79 737 5642
Carlos Francisco Fernandez
t: +41 41 709 2369
m: +41 79 129 9195
t: +41 41 709 2462
m: +41 79 904 3320
t: +41 41 709 3426
m: +41 79 737 5582
t: +44 20 7412 3471
m: +44 77 3031 9806
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 90 commodities. The Group's operations comprise around 150 mining and metallurgical sites, oil production assets and agricultural facilities.
With a strong footprint in both established and emerging regions for natural resources, Glencore's industrial and marketing activities are supported by a global network of more than 90 offices located in over 50 countries.
Glencore's customers are industrial consumers, such as those in the automotive, steel, power generation, oil and food processing sectors. We also provide financing, logistics and other services to producers and consumers of commodities. Glencore's companies employ around 155,000 people, including contractors.
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.
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.