London-listed commodities trader Glencore will profess its support for a global standard on transparency in natural resources, amid a charm offensive designed to clean up its image.
The Swiss-based company’s transformation into a public company has been littered with embarrassing accusations over corporate governance including allegations – denied by the company – that it avoided tax in Zambia.
Criticism from campaign groups and investors has persuaded the company to address its image problem, with its first sustainability report set to be published in September.