Glencore’s Ruthless Cost-cutting Harms Communities in the Congo, Say NGOs

An in-depth study about Glencore’s Congolese mines (PR or Progress? Glencore’s Corporate Responsibility in the Democratic Republic of the Congo) published today (Wednesday, 18 June 2014) by the British human rights organisation, Rights and Accountability in Development (RAID) and two leading Swiss development agencies, Bread for All and Fastenopfer, finds that the company’s performance falls far short of international standards in a number of critical areas. Glencore’s CEO, Ivan Glasenberg, has told shareholders that the only concern of mine managers should be ‘to get products to the gate as cheaply as possible’. But poor communities living next to Glencore’s mines in the Democratic Republic of Congo (DRC) pay a heavy price for the company’s strategy for success.

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