Coal included in Glencore’s net zero emissions pledge
Glencore has signposted its ambition to be a net-zero emissions company by 2050.
The first steps will be managing the operational footprint followed by investing in the metals portfolio, reducing coal production and supporting deployment of low emission technologies.
That’ll equal a 40 percent reduction in emissions by 2035.
The package will include a future for the company’s coal assets in Australia said Glencore CEO Ivan Glasenberg.
“The world today depends on fossil fuels – coal, natural gas and oil – to meet its energy needs,” he said.
“Under all credible scenarios, fossil fuels will. . .
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