JAMIE CARR: Glencore’s new era
Glencore’s results come with a strong subtext of “get the superyacht brokers on the line, bonuses are going to be the size of a woolly mammoth”
12 August 2021 - 05:00
Take me to my superyacht
There is a strong correlation between the time a miner spends talking about environmental, social and governance issues and the quantity of cash pouring out of the money tap. Whether this stems from a deep commitment to unleash the inner Greta and bequeath a healthier world or to avoid the ethical investor blacklist remains a topic for debate. But Glencore’s results come with a strong subtext of "get the superyacht brokers on the line, bonuses are going to be the size of a woolly mammoth"...
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