Glencore PLC Court hearings concerning US/UK investigations (6446M)
24 Maggio 2022 - 3:29PM
UK Regulatory
TIDMGLEN
RNS Number : 6446M
Glencore PLC
24 May 2022
Glencore plc
Baar, Switzerland
24 May 2022
Court hearings concerning US/UK investigations
In response to media enquiries, Glencore announces that, further
to our statement in our Preliminary Results announcement on 15
February 2022 that we expect to resolve our US, UK and Brazilian
investigations this year, Glencore will appear in court in the
United States and United Kingdom later today in connection with
proposed resolutions of the relevant investigations. Glencore
expects to issue an announcement following the conclusion of these
court hearings.
For further information please contact:
Investors
Martin Fewings t: +41 41 709 28 80 m: +41 79 737 56 42 martin.fewings@glencore.com
Media
Charles Watenphul t: +41 41 709 24 62 m: +41 79 904 33 20 charles.watenphul@glencore.com
www.glencore.com
Glencore LEI: 2138002658CPO9NBH955
This announcement contains inside information.
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 responsibly - sourced 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 enable decarbonisation while
meeting the energy needs of today.
Glencore companies employ around 135,000 people, including
contractors. With 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.
Glencore recognises our responsibility to contribute to the
global effort to achieve the goals of the Paris Agreement. Our
ambition is to be a net zero total emissions company by 2050. In
August 2021, we increased our medium-term emission reduction target
to a 50% reduction by 2035 and introduced a new short-term target
of a 15% reduction by 2026.
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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.
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END
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May 24, 2022 09:29 ET (13:29 GMT)
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