Rio Tinto
Metals & Mining
Company Summary
Rio Tinto, founded in 1873, is one of the largest mining companies globally, extracting minerals such as iron ore, copper, and aluminum. The company’s ESG rating reflects efforts to improve sustainable mining practices, reduce carbon emissions, and promote resource efficiency. Rio Tinto has also made strides in improving social responsibility by addressing issues related to indigenous land rights and community relations. However, Rio Tinto has faced significant criticism for its involvement in the destruction of sacred Indigenous sites in Australia and concerns over environmental degradation. Despite these challenges, Rio Tinto continues to prioritize sustainable mining and community engagement. For more details, refer to the Rio Tinto ESG report.
ESG Rating Overview
Sustainalytics
Overall ESG Rating :
LSEG
Overall ESG Rating :
MSCI
Overall ESG Rating :
Rio Tinto is average among 69 companies in the metals and mining - non-precious metals industry.
Temperature Rise :
News from Rio Tinto
Rio Tinto and Ngarluma Partner on Solar Farm
Canada & Rio Tinto Team Up to Green Labrador Iron Ore
Rio Tinto & Giampaolo: Aluminum Recycle JV
Rio Tinto, Marubeni Strengthen Aluminium Supply Chain
FAQ
What is Rio Tinto's ESG score?
Rio Tinto holds an ESG score of 72/100, performing well on environmental sustainability but facing ongoing challenges related to governance, particularly its relationship with indigenous communities.
How does Rio Tinto perform in ESG assessments?
Rio Tinto is recognized for its commitment to environmental management and sustainable mining practices, with a strong focus on biodiversity conservation and carbon reduction. However, the company has been criticized for issues related to indigenous rights and environmental degradation at certain mining sites.
What are Rio Tinto's commitments to environmental sustainability?
Rio Tinto has committed to achieving net-zero emissions by 2050 and reducing its carbon intensity by 30% by 2030. The company is also working to ensure that all mining operations are managed with an eye towards biodiversity and water conservation.