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Powerbroker for

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  • Overall approach
    7/16
    • Overarching commitment on deforestation
      4/6
      Deforestation commitment
      Zero-deforestation
      4/6
      Commodities (if applicable): 0
      "We are working collaboratively with producers and suppliers along our supply chains to eradicate deforestation, increase sustainability and protect high carbon stock forest, valuable conservation areas and peatlands from uncontrolled expansion."
    • Signatory to an initiative tackling deforestation
      1/1
      Signatory
      Yes
      1/1
      Which initiatives?: Soy Moratorium; World Business Council for Sustainable Development Forest Solutions Group; UN Global Compact; Other intiative

      If Other Initiative, specify:: Soft Commodities Forum
      "Leading agricultural commodity business Glencore Agriculture has today joined nearly 200 forward-thinking companies as the newest member of the World Business Council for Sustainable Development (WBCSD)." [...] "Glencore Agriculture is pleased to announce it has become a participant of the United Nations Global Compact." [...] "We are [...] a long-term participant in the Amazon Soy Moratorium." Glencore and Glencore Agriculture are both members of the UN Global Compact.
    • Awareness of the value of forests
      1/1
      Awareness
      Yes
      1/1
      "We are working collaboratively with producers and suppliers along our supply chains to eradicate deforestation, increase sustainability and protect high carbon stock forest, valuable conservation areas and peatlands from uncontrolled expansion."
    • Deforestation as a business risk
      0/1
    • High-level management of deforestion
      1/1
      High-level management
      Yes
      1/1
      Which commodities does it apply to?: Soy

      How often does the committee or board meet to assess company's progress on addressing deforestation-related issues?: Not specified
      "Progress is monitored by our Health, Safety, Environment and Communities committee, the Group sustainability team and relevant business leads to keep it in line with the needs of our business."
    • Executive compensation linked to deforestation
    • Target to reduce emissions from land-use change
      0/3
    • Reporting on emissions from land-use change
      0/3
    • Disclosure of conservation activity
    • Disclosure of reforestation activity
      Yes
      0/0
      How many hectares of reforestation or restoration are being or have been conducted or facilitated by the company?: 1033 ha
      "We’re always seeking ways to improve how we rehabilitate land. In 2016 at our Prodeco asset in Colombia, we piloted ways to improve revegetation and reforestation – with a view to rolling them out across our global business [...] In all, as of 2016, we had rehabilitated 1,033 hectares of disturbed land across our two sites at Calenturitas and La Jagua"
  • Commodity score
    24/84
    • Soy
      30/84
      • Commitment Strength
        11/28
        • Commitment to protect priority forests
          11/17
          • Commitment details
            Zero-gross deforestation
            8/10.7
            Commitment to protect priority forests
            Zero-gross deforestation
            8/10.7
            (For downstream soy companies only) Does the company commitment also apply to hidden/indirect soy?: Supply chain includes no indirect soy

            If Other, specify here: SCF, Amazon Soy Moratorium

            Which certification schemes are used?: RTRS
            "To protect the environment, we believe this demand should be met from higher yields and efficient supply chains rather than greater use of land. We are working collaboratively with producers and suppliers along our supply chains to eradicate deforestation, increase sustainability and protect high carbon stock forests, valuable conservation areas and peatlands from uncontrolled expansion. We are a member of the Round Table of Responsible Soy (RTRS) and a long-term participant in the Amazon Soy Moratorium. We work with fellow industry members, producers, governments and organisations to eliminate deforestation. Deforestation has reduced significantly since the start of the Moratorium, and we are working towards full elimination. We collaborate with the members of the Soft Commodity Forum to achieve this goal and to provide traceability and transparency to stakeholders."
          • Commitment applies to all regions, suppliers and operation
            Yes
            3/3
            Commitment applies to all regions, suppliers and operation
            Yes
            3/3
            "To protect the environment, we believe this demand should be met from higher yields and efficient supply chains rather than greater use of land. We are working collaboratively with producers and suppliers along our supply chains to eradicate deforestation, increase sustainability and protect high carbon stock forests, valuable conservation areas and peatlands from uncontrolled expansion. We are a member of the Round Table of Responsible Soy (RTRS) and a long-term participant in the Amazon Soy Moratorium. We work with fellow industry members, producers, governments and organisations to eliminate deforestation. Deforestation has reduced significantly since the start of the Moratorium, and we are working towards full elimination. We collaborate with the members of the Soft Commodity Forum to achieve this goal and to provide traceability and transparency to stakeholders."
          • Target date
            No target date
            0/2
            Target date
            No target date
            0/2
            "To protect the environment, we believe this demand should be met from higher yields and efficient supply chains rather than greater use of land. We are working collaboratively with producers and suppliers along our supply chains to eradicate deforestation, increase sustainability and protect high carbon stock forests, valuable conservation areas and peatlands from uncontrolled expansion. We are a member of the Round Table of Responsible Soy (RTRS) and a long-term participant in the Amazon Soy Moratorium. We work with fellow industry members, producers, governments and organisations to eliminate deforestation. Deforestation has reduced significantly since the start of the Moratorium, and we are working towards full elimination. We collaborate with the members of the Soft Commodity Forum to achieve this goal and to provide traceability and transparency to stakeholders."
          • Interim target date
            No
            0/1
        • Commitment to a traceable supply chain
          0/11
          • Commitment details
            No traceability commitment
            0/5.3
          • Commitment applies to all regions, suppliers and operation
            No
            0/3
          • Target date
            No target date
            0/2
          • Interim target date
            No
            0/1
      • Social Considerations
        7/18
        • Labour rights in the supply chain
          Yes
          4/4
          Labour rights in the supply chain
          Yes
          4/4
          Details of commitment: ILO; UNGP; UN Declaration for HR; Discrimination; Forced Labour; Child Labour; Freedom of association
          "In our dealings with our business partners, including contractors, suppliers and joint venture partners, we encourage them to respect our standards of conduct [...] The policy is developed in accordance with the Universal Declaration of Human Rights, the International Labour Organisation (ILO) Core Conventions on Labour Standards, the Equator Principles, and the United Nations (UN) Guiding Principles on Business and Human Rights [...] We do not tolerate any form of workplace discrimination, harassment or physical assault, or any form of child, forced, or compulsory labour [...] Werespect the rights of our employees and contractors, including the freedom of association and collective bargaining." "We expect our suppliers to: Respect human rights and the UN Guiding Principles demonstrated by policies and processes appropriate to their circumstances"
        • Inclusion of small-scale farmers
          No
          0/4
        • Gender equality in the supply chain
          Discrimination/Gender Rights/Harassment
          1/4
          Gender equality in the supply chain
          Discrimination/Gender Rights/Harassment
          1/4
          [Glencore] prohibit discrimination on the basis of...gender, and "encourage [their contractors, which are considered as suppliers] to respect and comply with our approach to human rights, or one of an equivalent standard."
        • Commitment to remediation
          No
          0/2
        • Commitment to ensure Free, Prior and Informed Consent
          Yes the company commits to securing FPIC prior to acquiring new interests/developments/expansions
          2/4
          Commitment to ensure Free, Prior and Informed Consent
          Yes the company commits to securing FPIC prior to acquiring new interests/developments/expansions
          2/4
          "We recognise the unique relationship of the indigenous peoples with the environment in which they live, and commit to an engagement process that is based on good faith negotiations and is consistent with traditional decision making processes. This process is aligned with the principles of Free, Prior and Informed Consent for Indigenous Peoples"
      • Reporting and Implementation
        12/38
        • Reporting against commitments
          3/6
          • Commitment to protect priority forests
            Yes
            3/3
            Commitment to protect priority forests
            Yes
            3/3
            (Upstream only) How many hectares of land owned, controlled or managed is certified?: 0 Not Disclosed
            Documented through their RTRS reporting - ""To protect the environment, we believe this demand should be met from higher yields and efficient supply chains rather than greater use of land. We are working collaboratively with producers and suppliers along our supply chains to eradicate deforestation, increase sustainability and protect high carbon stock forests, valuable conservation areas and peatlands from uncontrolled expansion. We are a member of the Round Table of Responsible Soy (RTRS) and a long-term participant in the Amazon Soy Moratorium. We work with fellow industry members, producers, governments and organisations to eliminate deforestation. Deforestation has reduced significantly since the start of the Moratorium, and we are working towards full elimination. We collaborate with the members of the Soft Commodity Forum to achieve this goal and to provide traceability and transparency to stakeholders."
          • Commitment to a traceable supply chain
            No
            0/3
        • Reporting is independently verified
          2/4
          • Commitment to protect priority forests
            Yes: third-party
            2/2
            Commitment to protect priority forests
            Yes: third-party
            2/2
            What percent of the company’s supply volume is verified using company verification systems?: 100%

            For what percent of the company’s supply volume is third-party verification of performance relative to commitments conducted?: 100%

            Which processes or groups does the company use for third party verification?: RTRS

            Which tools, approaches, third-party verification, including certification, schemes are used?: RTRS Reporting
            Documented through their RTRS reporting - ""To protect the environment, we believe this demand should be met from higher yields and efficient supply chains rather than greater use of land. We are working collaboratively with producers and suppliers along our supply chains to eradicate deforestation, increase sustainability and protect high carbon stock forests, valuable conservation areas and peatlands from uncontrolled expansion. We are a member of the Round Table of Responsible Soy (RTRS) and a long-term participant in the Amazon Soy Moratorium. We work with fellow industry members, producers, governments and organisations to eliminate deforestation. Deforestation has reduced significantly since the start of the Moratorium, and we are working towards full elimination. We collaborate with the members of the Soft Commodity Forum to achieve this goal and to provide traceability and transparency to stakeholders."
          • Commitment to a traceable supply chain
            No
            0/2
        • Deforestation cut off date
          No
          0/2
        • Collaborative actions
          No
          0/2
        • Risk assessments for forest risk
          No
          0/2
        • Operations assessed to comply with law
          No
          0/2
        • Accessible grievance mechanism
          Yes
          4/4
          Accessible grievance mechanism
          Yes
          4/4
          What is the nature of the grievance mechanism used by the company (own mechanism, that of external company, internationally recognised mechanism, focused on social issues, focused on environmental issues, etc.)?: Glencore Raising Concerns Programme

          Details of the mechanism: Social; Environmental

          Does the company publish grievances that have been made against it, as well as responses and resolutions including status and timeframes: No
          "We encourage our suppliers to ensure their workforce and associated communities have access to grievance mechanisms for the confidential raising of concerns without fear of retaliation. Everybody working for Glencore (including suppliers) must promptly raise any situations in which the Glencore Code of Conduct, its underlying policies, including these Supplier Standards, or the law appears to be breached with a supervisor or manager, or with a local procurement contact. We also encourage other stakeholders who have concerns to raise them with the relevant site. Where a concern remains unresolved through these local channels, or should an employee, contractor, supplier or other stakeholder, for whatever reason and at any time, feel uncomfortable utilising the local channels to resolve their concerns, the concern can be raised via Glencore’s ‘Raising Concerns’ web platform at glencore.com/raising-concerns/. The website allows any stakeholder to raise concerns on an anonymous basis."
        • Report volumes of commodity
          Reporting non-certified/non-compliant volume
          2/4
          Report volumes of commodity
          Reporting non-certified/non-compliant volume
          2/4
          Which certification schemes are used?: RTRS

          What is the non-certified/non-compliant volume?: 18,000,000 mt
          Stated in 2018 RTRS report
        • Upstream: Impact assessments for land development/acquisition
          No
          0/4
        • Upstream: Reporting production/processing locations
          No disclosure
          0/4
        • Upstream: Monitor compliance of production/processing
          Yes using a third-party monitoring system
          4/4
          Upstream: Monitor compliance of production/processing
          Yes using a third-party monitoring system
          4/4
          Does the company use a certification system?: No

          For what percentage of production or primary processing operations that it owns, manages, or otherwise controls does the company use external processes or actors, such as certification, to monitor compliance?: 100%

          What tools, processes, bodies carry out monitoring of the company's production or processing operations?: SimFaz Database

          If so, what jurisdictions and mechanisms does the company use?: SimFaz

          Does the company use a jurisdictional monitoring mechanism?: No

          How frequently is compliance assessed?: Not disclosed

          For what percentage of suppliers does the company use/rely on external mechanisms to monitor compliance?: 100%
          "The billing system of the SiMFaz database blocks the contract automatically when any uncompliant criteria is detected.If a non-conformity is detected, a deep supplier analysis is carried out through maps and many other available sources, taking in other criteria such as indigenous lands, illegal or even legal deforested lands and legal, credit or environmental data.Through this system we can identify suppliers that don’t meet required standards and give guidance on how they can make their products more sustainable."
    • Palm oil *
      11/84
      • Commitment Strength
        0/28
        • Commitment to protect priority forests
          0/12
          • Commitment details
            No commitment
            0/8
          • Commitment applies to all regions, suppliers and operation
            No
            0/2
            Commitment applies to all regions, suppliers and operation
            No
            0/2
          • Target date
            No target date
            0/1.3
          • Interim target date
            No
            0/0.7
        • Commitment to protect High Carbon Stock areas and/or peatlands
          0/8
          • Commitment details
            No
            0/4
            Commitment to protect High Carbon Stock areas and/or peatlands
            No
            0/4
          • Commitment applies to all regions, suppliers and operation
            No
            0/2
            Commitment applies to all regions, suppliers and operation
            No
            0/2
          • Target date
            No target date
            0/1.3
          • Interim target date
            No
            0/0.7
        • Commitment to a traceable supply chain
          0/8
          • Commitment details
            No traceability commitment
            0/4
          • Commitment applies to all regions, suppliers and operation
            No
            0/2
          • Target date
            No target date
            0/1.3
          • Interim target date
            No
            0/0.7
      • Social Considerations
        7/18
        • Labour rights in the supply chain
          Yes
          4/4
          Labour rights in the supply chain
          Yes
          4/4
          Details of commitment: ILO; UNGP; UN Declaration for HR; Discrimination; Forced Labour; Child Labour; Freedom of association
          "In our dealings with our business partners, including contractors, suppliers and joint venture partners, we encourage them to respect our standards of conduct [...] The policy is developed in accordance with the Universal Declaration of Human Rights, the International Labour Organisation (ILO) Core Conventions on Labour Standards, the Equator Principles, and the United Nations (UN) Guiding Principles on Business and Human Rights [...] We do not tolerate any form of workplace discrimination, harassment or physical assault, or any form of child, forced, or compulsory labour [...] Werespect the rights of our employees and contractors, including the freedom of association and collective bargaining." "We expect our suppliers to: Respect human rights and the UN Guiding Principles demonstrated by policies and processes appropriate to their circumstances"
        • Inclusion of small-scale farmers
          No
          0/4
        • Gender equality in the supply chain
          Discrimination/Gender Rights/Harassment
          1/4
          Gender equality in the supply chain
          Discrimination/Gender Rights/Harassment
          1/4
          [Glencore] prohibit discrimination on the basis of...gender, and "encourage [their contractors, which are considered as suppliers] to respect and comply with our approach to human rights, or one of an equivalent standard."
        • Commitment to remediation
          No
          0/2
        • Commitment to ensure Free, Prior and Informed Consent
          Yes the company commits to securing FPIC prior to acquiring new interests/developments/expansions
          2/4
          Commitment to ensure Free, Prior and Informed Consent
          Yes the company commits to securing FPIC prior to acquiring new interests/developments/expansions
          2/4
          "We recognise the unique relationship of the indigenous peoples with the environment in which they live, and commit to an engagement process that is based on good faith negotiations and is consistent with traditional decision making processes. This process is aligned with the principles of Free, Prior and Informed Consent for Indigenous Peoples"
      • Reporting and Implementation
        4/38
        • Reporting against commitments
          0/6
          • Commitment to protect priority forests
            No
            0/2
          • Commitment to protect High Carbon Stock areas and/or peatlands
            No
            0/2
          • Commitment to a traceable supply chain
            No
            0/2
        • Reporting is independently verified
          0/4
          • Commitment to protect priority forests
            No
            0/1.3
          • Commitment to protect High Carbon Stock areas and/or peatlands
            No
            0/1.3
          • Commitment to a traceable supply chain
            No
            0/1.3
        • Deforestation cut off date
          No
          0/2
        • Collaborative actions
          No
          0/2
        • Risk assessments for forest risk
          No
          0/2
        • Operations assessed to comply with law
          No
          0/2
        • Accessible grievance mechanism
          Yes
          4/4
          Accessible grievance mechanism
          Yes
          4/4
          Details of the mechanism: Social; Environmental

          Does the company publish grievances that have been made against it, as well as responses and resolutions including status and timeframes: No

          What is the nature of the grievance mechanism used by the company (own mechanism, that of external company, internationally recognised mechanism, focused on social issues, focused on environmental issues, etc.)?: Glencore Raising Concerns Programme
          "We encourage our suppliers to ensure their workforce and associated communities have access to grievance mechanisms for the confidential raising of concerns without fear of retaliation. Everybody working for Glencore (including suppliers) must promptly raise any situations in which the Glencore Code of Conduct, its underlying policies, including these Supplier Standards, or the law appears to be breached with a supervisor or manager, or with a local procurement contact. We also encourage other stakeholders who have concerns to raise them with the relevant site. Where a concern remains unresolved through these local channels, or should an employee, contractor, supplier or other stakeholder, for whatever reason and at any time, feel uncomfortable utilising the local channels to resolve their concerns, the concern can be raised via Glencore’s ‘Raising Concerns’ web platform at glencore.com/raising-concerns/. The website allows any stakeholder to raise concerns on an anonymous basis."
        • Report volumes of commodity
          No reporting
          0/4
        • Downstream: Publishing supplier lists
          No disclosure
          0/4
        • Downstream: Monitor compliance in supply chain
          No
          0/4
        • Downstream: Engagement with non-compliant suppliers
          No engagement or exclusion
          0/2
        • Downstream: Disclosure of non-compliant suppliers
          No disclosure
          0/2
  • * commodity scores for which a company is not a powerbroker are given half the weighting of other commodities in total scores

  • Commitment strength
    7/28
    Avg. score
  • Reporting and Implementation
    10/38
    Avg. score
  • Social considerations
    7/18
    Avg. score

Profile

Glencore is a Swiss-based multi-national company producing and trading in the agriculture, energy and metal sectors. Glencore is selected as a powerbroker for soy and is also assessed for its exposure to palm oil.

Sector
Industry sector 
Agri commodities, Agriculture
Segments
Trader, Processor
HQ
HQ 
Switzerland
Collective Commitments
Consumer Goods Forum member
New York Declaration on Forests signatory

How we assess the Forest 500

To ensure deforestation free supply chains, companies need to adopt and implement timebound and measurable policies for forest risk commodities.

All assessments use policies published on company websites, some links may have changed or been removed since the time of assessment.

Disclaimer

This assessment has been carried out following the methodology developed for the Forest 500 project, available here. Please see our disclaimer applicable to all information contained within this site and our terms and conditions for use of data presented on this site.

All assessments use policies published on company and financial institution websites, and while we endeavor to keep them updated some links may have changed or been removed since the time of assessment.

Please contact us with any concerns or feedback about this or other assessments included in the Forest 500.