The Complexity of Glencore

MSCI ESG Research: Understanding financially relevant risks for a company relates very strongly to what business it's involved in. In this particular example of bribery allegations, Glencore sustained both reputational impacts and a fairly hefty fine. A company is not just something that has things happen to it, like market-related corruption risks. It's out there in the world, creating impacts both positive and negative for both society and the environment. The UN Office on Drugs and Crime says enabling corruption through things like bribery means economic loss and reduced efficiency.