Accepted Paper

Glencore, a giant facing its contradictions: company's CSR and its socio-environmental practices  
Raquel Neyra (UNALM)

Presentation short abstract

we analyze the socioenvironmental practices of Glencore recorded in the EJAtlas in the mining and hydrocarbons sector. Our hypothesis is that it does not comply with its CSR, and its enormous profits would not have been possible if it respected human and environmental rights

Presentation long abstract

Recent research on CSR in extractive companies such as Vale, Zijin, Total, and MMG demonstrates the contradictions between their companies' rhetoric and their practices, pointing out that CSR tends to serve as a tool for greenwashing and reveals many contradictions. We focus on one of the world's largest multinationals, Glencore, which controls a large part of the global mining and agro-industrial markets. Glencore is a company with a controversial past whose global expansion would not have been possible without lax Swiss tax legislation and a widely documented system of bribery and influence peddling. The company is expanding rapidly through acquisitions and mergers of companies that are financially attractive to it and its network of influence. We have selected some of the most representative environmental conflicts across the globe recorded in the EJAtlas, at least one per continent where possible. Glencore's conflicts and numerous heavy fines demonstrate the contradictory behavior of its CSR. We focus on conflicts in the hydrocarbon and mining sectors where Glencore's actions have been most fragrant. We analyze the actions of the company, governments, and populations as well as the CEO's speech. We analyze Glencore's CSR, putting forward the hypothesis that it fails to comply with its principles in the face of multiple conflicts, including deadly ones, and that the enormous profits generated by the company throughout its existence would not have been possible if it had truly respected human rights, labor rights, and the environment.

Panel P008
Business Political Ecology - based on the EJAtlas