• Developing the concept for an internal Human Rights Working Group to
support our implementation of the UN Guiding Principles and integration of
human rights considerations across our business (launched in 2018)
• Continuing regular engagement with the financial community, civil society
and value chain partners to discuss and receive feedback on our human rights
program.
We also continue to engage on the Corporate Human Rights Benchmark. Pilot
results released in 2017 ranked our company 12th overall across multiple sectors for
our transparency and performance. While we are pleased with our relative
performance, we are continuing to advance site-level HRIAs using a risk-based
approach to further embed human rights considerations across our business and
enhance our reporting.”138
Glencore Plc (acquired Xstrata)
Statements on Climate Change
“We believe this transition is a key part of the global response to the increasing risks
posed by climate change, which must pursue the twin objectives of both limiting
temperatures in line with the goals of the Paris Agreement and supporting the United
Nations Sustainable Development Goals, including universal access to affordable
energy.”139
“We recognise climate change science as set out by the United Nations
Intergovernmental Panel on Climate Change. We believe that the global response to
climate change should pursue twin objectives: both limiting temperatures in line
with the goals of Articles 2.1(a)1 and 4.12 of the Paris Agreement (“the Paris Goals”)
and supporting the United Nations Sustainable Development Goals, including
universal access to affordable energy.”140
“Climate Change Lobbying: Glencore believes that it is appropriate that we take
an active and constructive role in public policy development and to participate in
relevant trade associations. Glencore acknowledges ‘IIGCC Investor Expectations
on Corporate Climate Lobbying’ and recognises the importance of ensuring that its
membership in relevant trade associations does not undermine its support for the
Paris Agreement and the Paris Goals.
Glencore will consider whether its membership in relevant trade associations aligns
with the company’s stated positions in this statement. The result of this review,
including any material misalignments identified and actions that will be taken, will
be made public in 2019.”141
Id., p. 19.
Glencore Plc, supra note 21.
140 Id., p. 20.
141 Id., p. 21.
138
139
Annex D: Corporate Statements on Climate Change and Human Rights | 36
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