Glencore

Marked as

Medium Risk Company

Last updated - February 10, 2026

Medium Risk

i
2.2

3

User Score

2.3

Trust Score

2.1

Brand Score

OVERVIEW

About Glencore

Glencore, one of the world’s largest commodity trading and mining companies, has built a deeply tarnished reputation through repeated accusations and proven instances of corruption, bribery, market manipulation, environmental devastation, and human rights abuses across multiple continents.

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CONNECTIONS AND RELATIONSHIP

CONTACT INFORMATION

Contact
+41 41 709 2000
Linkedin
Glencore
Facebook
Glencore
Instagram
Glencore
Twitter
Glencore

FINANCIAL RISK AUDIT

For Consumers
For Consumers

High Risk

Based on the available data, we advise consumers to avoid this Company altogether.

This advisory is based on an aggregate risk score derived from OSINT, Adverse Media, Reviews, and Risk Factors identified in our research.

You are likely to be at great risk by engaging in any sort of consumer-related activity with this entity.

For Employees
For Employees

Medium Risk

Based on the available data, we advise employees to be mindful when considering or continuing work with this Company.

This advisory stems from a medium-risk score compiled from OSINT, Adverse Media, Reviews, and Risk Factors uncovered in our analysis.

Employment with this entity may involve moderate risks.

For Banks & Investors
For Banks & Investors

High Risk

Based on the available data, we urge investors and bankers to avoid financial involvement with this Company.

This advisory is informed by an aggregate risk score based on OSINT, Adverse Media, Reviews, and Risk Factors identified through our investigation.

Engaging in investment or lending activities with this entity poses a substantial risk to your financial interests.

ASSESSMENT OUTCOME
  • Safe to Onboard

  • Enhanced Due Diligence required

  • Do Not Onboard

RECOMMENDATIONS
  • Monitor adverse media every 6 months

  • File SAR (Suspicious Activity Report) is warranted

  • Escalation to compliance committee

  • None

Do you agree with this our assessment on Glencore?

OSINT DATA POINT

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Founded

1974
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Founder

Marc Rich
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Headquarters

Baar
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Country

Switzerland
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CEO

Gary Nagle
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CFO

Steven Kalmin
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Employees

150000
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Revenue

230B
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Commodities

Metals
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Commodities

Minerals
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Commodities

Energy
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Listing

London
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BriberyPeriod

2007-2018
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BribesPaid

100M
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DRCBribes

27.5M
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NigeriaIntermediaries

52M
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TotalUSPenalties

1.1B
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UKPenalty

280M
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UKFine

183M
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DRCSettlement

180M
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GuiltyPleas

Bribery
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GuiltyPleas

Manipulation
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CountriesInvolved

Nigeria
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AdverseMedia

Corruption
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ENTERPRISE RISK ASSESSMENT (ERA)

Over $1.1 billion in penalties to the US, UK, and Brazil in 2022, plus $180 million to the DRC, and additional Swiss fines plus $150 million compensation in 2024.

Subsidiaries pleaded guilty to manipulating fuel oil prices in US markets, contributing to hundreds of millions in penalties within the 2022 resolutions.

Swiss and Dutch resolutions in 2024 for failing to prevent bribery, UK Serious Fraud Office interviews of former executives, shareholder lawsuits, and continuing civil claims.

Repeated allegations of toxic wastewater spills in Chad, heavy metal contamination of water near mines in Peru, air and water pollution affecting communities around Cerrejón in Colombia and Antapaccay in Peru.

Penalties rarely provide meaningful compensation to affected communities in high-corruption countries, with limited local accountability and criticism that the harm caused remains largely unaddressed.

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AML and KYC Assessment

Regulatory and Compliance Screening

  • Sanctions Matches
  • Yes
  • No
  • Unclear
  • PEP Status
  • Yes
  • No
  • Unclear
  • Watchlist: (Interpol, EU, UN, OFAC, etc).
  • Yes
  • No
  • Unclear
  • Law Enforcement Mentions
  • Yes
  • No
  • Unclear

Litigation and Legal Proceedings

  • Criminal Proceedings
  • Yes
  • No
  • Unclear
  • Regulatory Enforcement Actions: [SEC, FCA, SEBI, etc.]
  • Yes
  • No
  • Unclear
  • Ongoing Investigations
  • Yes
  • No
  • Unclear
  • Reputational and Adv
  • Yes
  • No
  • Unclear

Reputational and Adverse Media Risks

  • Negative Media Mentions
  • Yes
  • No
  • Unclear
  • Allegations / Scandals
  • Yes
  • No
  • Unclear
  • Social Media Red Flags
  • Yes
  • No
  • Unclear
  • Censorship Attempts [PR, Takedowns, DMCA Abuse, etc.]
  • Yes
  • No
  • Unclear

Geographic and Jurisdictional Risk

  • Country Risk Level
  • Yes
  • No
  • Unclear
  • High-Risk Sections [Crypto, Gambling, Arms, etc.]
  • Yes
  • No
  • Unclear
  • Offshore Jurisdictions Used [Panama, BVI, Cyprus, etc.]
  • Yes
  • No
  • Unclear

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RED FLAGS AND ADVERSE NEWS

coming

justice.gov

Visit Link

Glencore entities pleaded guilty to foreign bribery in multiple countries (e.g., Nigeria, DRC, Brazil) and U.S. commodities market manipulation.

  • First Detected

    24/05/2022
  • Sentiment Analysis

    Negative
  • Reach

    <1000
  • POV

    Third Person
  • Risk Factor

    High
  • Type

    News
  • Traffic Source

    Website
  • SERP

    Top 10
  • Share of Voice

    10%
  • Primary Keyword

    Lawsuit
coming

transparency.org

Visit Link

Glencore's DRC corruption exposed: US$27.5M+ bribes to officials and a judge caused Crusader Health's collapse, costing Congolese healthcare jobs.

  • First Detected

    17/06/2024
  • Sentiment Analysis

    Negative
  • Reach

    >1000
  • POV

    Third Person
  • Risk Factor

    High
  • Type

    News
  • Traffic Source

    Website
  • SERP

    Top 30
  • Share of Voice

    20%
  • Primary Keyword

    Fraud
coming

bbc.com

Visit Link

The article reports Glencore's UK subsidiary ordered to pay £275m for bribing officials in Nigeria, Cameroon, Ivory Coast, Equatorial Guinea.

  • First Detected

    03/11/2022
  • Sentiment Analysis

    Negative
  • Reach

    >1000
  • POV

    Third Person
  • Risk Factor

    High
  • Type

    News
  • Traffic Source

    Website
  • SERP

    Top 10
  • Share of Voice

    10%
  • Primary Keyword

    Scam

Other Red-Flags and Adverse News

redflag
2023 The harms of Glencore’s corruption in the Democratic Republic of Congo and Ni...
redflag
2023 The Glencore Scandal: A Deep Dive into Asset Recovery and Global Justice

Financial Profile for Glencore

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Based on user engagement on this review profile, ProConsumer will decide to publish its Risk Audit report for public if a threshold engagement, traffic and user input is achieved.

  • Known Assets: [Real estate, investments, companies]

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  • Suspicious Transactions

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  • Liabilities: [Bankruptcies, defaults, debts]

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  • Wealth Sources: [Legitimate / Unclear / High-risk]

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  • Bank Relationships

    greentick
  • Bank Relationships

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  • Ultimate Beneficial Owner(s) (UBOs)

    greentick
  • Shareholding structure

    greentick
  • Associated entities & subsidiaries

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  • Offshore / shell company links

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  • Trusts / Nominee arrangements

    greentick
  • Business Model Assessment

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Consumer Reviews and Ratings for
Glencore

All comments are user-generated content and may not be verified. They represent the personal opinions of the public and should not be relied upon. These comments do not influence or determine our overall rating.

User Rating for Glencore

Glencore, one of the world’s largest commodity trading and mining companies, has built a deeply tarnished reputation through repeated accusations and proven instances of corruption, bribery, market manipulation, environmental devastation, and human rights abuses across multiple continents.

USER’S SCORE

3

Trust

2

Safety

3

Brand

3

Risk

4

Pros

  • greentick

    Highly experienced

  • greentick

    Well-recognized name

Cons

  • redcros

    Faced allegations of scamming others

  • redcros

    Allegedly sold fake silver

  • redcros

    Sued multiple times

  • redcros

    Unregulated industry

  • redcros

    Alarming number of complaints online

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  • author-default
  • Adam Spencer
    March 30, 2026 at 9:55 am

It’s alarming how a company of Glencore’s size continues to face serious allegations worldwide. Bribery, corruption, environmental harm, and human rights violations are not isolated incidents they are part of how the company conducts business across Africa, Europe, and the Americas. Even with fines totaling billions and compensation payouts, the damage to communities and the company’s credibility remains immense, making it a highly risky entity for consumers, employees, and investors alike.

Trust

2/5

Safety

3/5

Brand

3/5

Risk

4/5

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