Responsibly sourcing the commodities that advance everyday life

2019 Annual and Sustainability Reports

We are one of the world’s largest natural resource companies. Our purpose  is to responsibly source the commodities that advance everyday life.  We do so through our strategy  of sustainably growing total shareholder returns while maintaining a strong investment grade rating and acting as a responsible operator.

Read more about Glencore’s unique business in our 2019 Annual and Sustainability Reports.

Glencore

Annual Report - 2019

Glencore

Sustainability Report - 2019

In 2019 we saw solid results in challenging pricing conditions for our key commodities, supported by an excellent oil marketing performance.

Ivan Glasenberg, CEO
Read the full CEO's review

Financial KPIs

$11.6 bn

adjusted EBITDA

$7.9 bn

funds from operations

$17.6 bn

net debt

($0.4 bn)

net income attributable to equity holders

Non-financial KPIs

2.86

total recordable injury frequency rate (2018: 3.18)

1,050 m³

water withdrawn (2018: 1.020 m³)

29 mt

CO₂ emissions (2018: 30 mt)

$90m

community development spend (2018: $95m)

We fulfil our purpose and deliver on our strategy in a manner that reflects our values of safety, integrity, responsibility, openness, simplicity and entrepreneurialism. 

Tony Hayward, Chairman
Read the full Chairman's introduction

Meet our people

Our employees and contractors are fundamental to our success. At Glencore, our people are at the heart of everything we do. We foster an environment where our different backgrounds, cultures and beliefs are supported and encouraged.