– SWITZERLAND, Baar – Glencore Plc (LON: GLEN), today announced the appointment of John Wallington to its Board as an Independent Non-Executive Director effective from 1 June 2024.
“The Directors are very pleased to welcome John Wallington to the Board. We believe it is crucial that we have several non-executive directors who know the industry well and who can appraise and challenge decision making from a technical as well as a commercial perspective. John has spent his entire career in the mining industry and we look forward to benefiting from his skills and experience.” said Board chairman, Kalidas Madhavpeddi.
The company also announced the retirement of Peter Coates from the Board effective at the AGM on 29 May 2024.
About John Wallington
John Wallington has over 40 years of experience in the mining industry, overseeing operations in South Africa, Australia, Colombia, and Canada. Mr Wallington spent most of his career at Anglo American plc covering 27 years, culminating in him holding the role of global CEO of Anglo Coal. PrioBefores was appointed as CEO of Anglof o Coal South Africa (2001-2004). After leaving Anglo American, Mr Wallington held positions as CEO of Coal of Africa, (2010-2013), Head of Energy at Sibanye (2016-2018), and, CEO of Riversdale Resources in Canada (2020-2022). He has also had board positions as a non-executive director with Keaton Energy (2009); Buffalo Coal (2015) and Kwatani (2018-2020).
John Wallington holds a BSc in Mining Engineering from the University of the Witwatersrand. Further qualifications include Executive pro programs in the London and Harvard Business Schools. He is certified with the Institute of Corporate Directors through The ICD-Rotman Board Dynamics Program (University of Toronto).
About Glencore
Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 60 commodities that advance everyday life. Through a network of assets, customers, and, suppliers that span the globe, we produce, process, recycle, source, market and distribute the commodities that support decarbonization meeting the energy needs of today.
With over 150,000 employees and contractors and a strong footprint in over 35 countries in both established and emerging regions for natural resources, our marketing and industrial activities are supported by a global network of more than 50 offices.
Glencore’s customers are industrial consumers, such as those in the automotive, steel, power generation, battery manufacturing, and, oil sectors. We also provide financing, logistics, and, other services to producers and consumers of commodities.
Glencore is proud to be a member of the Voluntary Principles on Security and Human Rights and the International Council on Mining and Metals. We are an active participant in the Extractive Industries Transparency Initiative.
We will support the global effort to achieve the goals of the Paris Agreement through our efforts to decadecarbonize our operational footprint. We believe that we should take a holistic approach and have considered our commitment through the lens of our global industrial emissions. Against a restated 2019 baseline, we are targeting to reduce our Scope 1, 2, and 3 industrial emissions by 15% by the end of 2026, 25% by the end of 2030, 50% by the end of 2035 and we have the ambition to achieve net zero industrial emissions by the end of 2050, subject to a supportive policy environment. For more information see our 2024-2026 Climate Action Transition Plan and the About our emissions calculation and reporting section in our 2023 Annual Report, available on our website at glencore.com/publications.
SOURCE: https://www.glencore.com/
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