“Relationships” in Congo – Corruption allegations against Glencore

Glencore, the world’s largest commodity corporation, is suspected of corruption in the Democratic Republic of the Congo and is expected to be sued on that basis. A Glencore subsidiary is said to have paid $ 6 million annually since 2013 to a company in the Democratic Republic of the Congo, on a quid pro quo basis.   ... →

Glencore Receives the “Black Planet Award”

In Novemeber 2012, the ethecon Foundation Ethics & Economics awarded their “Black Planet” award to the Swiss commodity trading company, GLENCORE. The foundation recently presented the award to Glencore’s executives, including Ivan Glasenberg, Simon Murray, and Tony Hayward, as well as some of their prominent shareholders at Glencore’s annual shareholder meeting on 16 May 2013. The foundation’s goal was to once more echo the company’s irresponsible business practices and call for reform.   ... →