Finding better ways to provide the materials the world needs
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The need for innovation is greater than ever
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Iron Ore
The primary raw material used to make steel, which is strong, long-lasting and cost-efficient
Lithium
The lightest of all metals, it is a key element needed for low-carbon technologies
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Tough but malleable, corrosion-resistant and recyclable, and an excellent conductor of heat and transmitter of electricity
Bringing to market materials critical to urbanisation and the transition to a low-carbon economy
Oyu Tolgoi
One of the most modern, safe and sustainable operations in the world
Rincon Project
A long-life, low-cost and low-carbon lithium source
Simandou Project
The world’s largest untapped high-grade iron ore deposit
Providing materials the world needs in a responsible way
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We’re targeting net zero emissions by 2050
Nature solutions
Our nature-based solutions projects complement the work we're doing to reduce our Scope 1 and 2 emissions
Decarbonisation progress update
We have a clear plan on decarbonisation - find out more about our progress in 2024
We aim to deliver superior returns to our shareholders while safeguarding the environment and meeting our obligations to wider society
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Our Investor seminar will be held in London on 4 December, and our Decarbonisation update on 5 December
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Our podcast discussing what needs to happen to create a sustainable future for the everyday items we have come to rely on
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How unlocking innovation requires a change of mindset
Reducing titanium oxide's carbon footprint
Our BlueSmelting technology could drastically reduce carbon emissions during ore processing
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MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto today published its 2020 Annual Report and its Sustainability Fact Book, which can be found at https://www.riotinto.com/invest/reports. These documents complement the publication of Rio Tinto’s 2020 full year results and our Climate Change Report on 17 February 2021.
Rio Tinto Chairman Simon Thompson said: “Our strong performance during 2020 was overshadowed by the destruction of the ancient rock shelters in the Juukan Gorge and I reiterate our unreserved apology to the Puutu Kunti Kurrama and Pinikura (PKKP) people. We fell far short of our values as a company and breached the trust placed in us. It is our responsibility to ensure that the destruction of a site of such exceptional cultural significance never happens again.
“Since then, we have taken decisive action to implement the recommendations of the Board review, resulting in stronger management oversight and governance of cultural heritage. I am confident that, as we continue to reflect on the lessons learned through our ongoing engagement with investors, employees, government, Indigenous leaders and, most importantly, Traditional Owners we will emerge as a stronger company.
“The choice of Jakob as our new Chief Executive was a key decision for the Board. His collaborative leadership style, strong values and personal commitment to the role of business in promoting sustainability made him the ideal choice to lead us forward. I am delighted that Jakob has moved quickly to announce his new Executive team and to identify his priorities for the Group, focused on operational excellence, project development, strengthening our ESG credentials, and rebuilding trust - particularly in Australia.
“We have also refreshed the Board with the appointment of Hinda Gharbi, Jennifer Nason and Ngaire Woods and are already benefiting from their insights and expertise in governance, public policy and sustainability. We are now seeking to strengthen representation on the Board from our key countries of operation. Our priority, following a turbulent 2020, will be to support Jakob and the new Executive team in continuing to deliver the necessary changes after Juukan Gorge and rebuilding the trust we have lost.”
Rio Tinto Chief Executive Jakob Stausholm said: “In 2020, as the COVID-19 pandemic threatened lives and livelihoods, we demonstrated our agility and resilience in achieving a very strong safety and financial performance. However, this was all overshadowed by the tragic events at Juukan Gorge.
“I am committed to working with my leadership team, with the support of the Board, to make Rio Tinto even stronger and, over time, see our great company earn back its respect and credibility with all our stakeholders. We have strong foundations to build upon and a clear path forward: to become ‘best operator’, build impeccable ESG credentials, and excel in development, along with a clear focus on regaining a strong social license to operate.”
Further information
Rio Tinto plc will hold its 2021 annual general meeting on 9 April 2021 and Rio Tinto Limited will hold its 2021 annual general meeting on 6 May 2021. Notices of those meetings are expected to be released in March 2021.
Rio Tinto expects to file its 2020 Annual report on Form 20-F with the United States Securities and Exchange Commission on or around 1 March 2021. American Depositary Receipt holders will be able to view Rio Tinto’s 2020 Annual report and the 2020 Annual report on Form 20-F on the Rio Tinto website.
Hard copies of these documents can be obtained free of charge on request to the company secretaries, whose contact details are on the following page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210221005050/en/
media.enquiries@riotinto.com riotinto.com
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Media Relations, United Kingdom Illtud HarriM +44 7920 503 600
David OuthwaiteT +44 20 7781 1623M +44 7787 597 493
Media Relations, Americas Matthew KlarT +1 514 608 4429
Media Relations, Asia Grant DonaldT +65 6679 9290M +65 9722 6028
Media Relations, Australia Jonathan RoseT +61 3 9283 3088M +61 447 028 913
Matt ChambersT +61 3 9283 3087M +61 433 525 739
Jesse RiseboroughT +61 8 6211 6013M +61 436 653 412
Investor Relations, United Kingdom Menno SanderseT: +44 20 7781 1517M: +44 7825 195 178
David OvingtonT +44 20 7781 2051M +44 7920 010 978
Clare PeeverM: +44 7788 967 877
Investor Relations, Australia Natalie WorleyT +61 3 9283 3063M +61 409 210 462
Amar JambaaT +61 3 9283 3627M +61 472 865 948
Group Company Secretary Steve AllenRio Tinto plc6 St James’s SquareLondon SW1Y 4ADUnited KingdomT +44 20 7781 2000Registered in EnglandNo. 719885
Joint Company Secretary Tim PaineRio Tinto LimitedLevel 7, 360 Collins StreetMelbourne 3000AustraliaT +61 3 9283 3333Registered in AustraliaABN 96 004 458 404
Category: general
Source: Rio Tinto
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