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Company Response

3 Feb 2017


Glencore response & statement on repeal of transparency regulations under US Dodd-Frank Act section 1504

We note that Glencore is identified in Publish What You Pay Global Coalition’s open message to US-listed EITI companies. While Glencore is not listed in the US and not required to report under the Dodd Frank Act 2010, Section 1504, we are strong supporters of transparency around payments made to governments in resource producing countries.

In line with the requirements of Chapter 10 of the EU Accounting Directive, we produce annual reports on payments to governments and on our economic contribution.

Glencore is a supporter of the Extractive Industries Transparency Initiative (EITI), and participates in EITI’s activities in the countries in which we operate.