COVID Stimulus Watch Individual Entry

Individual Award Data

Recipient Company:
Glencore Funding LLC
Parent Company: Glencore
Award Date: Aug 10, 2020
Award Type: loan
Loan or Loan Guarantee Amount: $5,532,388
Awarding Agency: Federal Reserve
Program Name: Secondary Market Corporate Credit Facility
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Data Source for Award:

Parent Company Data

Ownership Structure: publicly traded
Headquartered in: Switzerland
Parent Sector: financial services
Parent Industry: commodity trading; mining
Employees (prior to pandemic): 160,000

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $16,594
Contracting icon
Good Jobs First has no data in this category
Environment icon
Environmental / Healthcare / Safety Penalties: $27,723,860
ConsumerProt icon
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 71 to 1
CEO Compensation: $1,503,000
Tax icon
Good Jobs First has no data in this category
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Details on Accountability data sources