Glencore, Part III: Third-Party Agents

Glencore

Today we have another exploration of Glencore’s recent compliance progress report, this time looking at how the trading giant handles third-party risk management. Glencore’s report does offer extensive detail into how it runs its compliance program and third-party risk drives everyone nuts, so let’s see what lessons we can learn. For those unfamiliar with the…

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Glencore, Part II: Risk Assessments

risk assessments

Today I want to return to Glencore and the ethics and compliance progress report the company released a few weeks ago. Specifically, how did Glencore overhaul that part of the compliance program that drives so many people to exasperation — the risk assessment process?  For those who didn’t see our previous post on Glencore’s compliance…

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Diving Into Glencore Compliance Report

Glencore

Commodities trading giant Glencore published an in-depth look at its ethics and compliance function this week, part of the company’s penance for a corporate corruption scandal it settled in 2022. Anyone wanting a glimpse into how global businesses might structure their compliance operations, especially when recovering from a misconduct scandal, look no further.  As you…

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