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Glencore’s compliance report offers insight into post-monitor enhancements

Image of a trader working the desk at the NYSE.
Photo: Spencer Platt/Getty Images

Julie DiMauro

5 min read
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Global commodities trading firm produces ethics and compliance progress report focusing on monitoring, risk assessments and training.

Global natural resource company Glencore has produced its 2024 Ethics and Compliance Report. It details progress made since the ethics and compliance program was overhauled after the $1 billion+ FCPA enforcement action Glencore settled with US authorities in 2022.

In his opening statement to the report, Glencore’s board chairman Kalidas Madhavpeddi noted that

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