Finding better ways to provide the materials the world needs
Purpose & Values
The drive for innovation and continuous improvement is at the heart of our purpose
Business Strategy
Climate change is at the heart of our business strategy
Innovation
Finding better ways to do things is in our DNA
We supply the metals and minerals used to help the world grow and decarbonise
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
Copper
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
Climate Change
We’re targeting net zero emissions by 2050
Tailings
Details of our tailings facilities can be found on our interactive tailings disclosure map
Nature solutions
Our nature-based solutions projects complement the work we're doing to reduce our Scope 1 and 2 emissions
We aim to deliver superior returns to our shareholders while safeguarding the environment and meeting our obligations to wider society
Acquisition of Arcadium Lithium
Bringing our scale, development capabilities and financial strength to the Arcadium Lithium portfolio
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Things you can't live without
Our podcast discussing what needs to happen to create a sustainable future for the everyday items we have come to rely on
The 'f' word of innovation
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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Graduates and students
If you want to drive real change, we have just the place to do it
Empowering families with flexibility
Supporting new parents of any gender with equal access to parental leave
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We engage with investor and civil society organisations on our approach to climate advocacy to support the decarbonisation of our operations. To support this approach, and in line with our commitment to transparency, we are publishing a series of briefing papers on our key emission sources, efforts to decarbonise specific assets and how policy-settings can support our Scope 1 and 2 emissions reduction targets which are aligned with the goal of limiting global warming to 1.5°C.
Due to the scale of our mining operations and processing activities we have significant Scope 1 and 2 emissions. And we know we must address this with urgency to be part of the solution. Between now and 2030, we must switch to renewables at scale and at pace, electrify everything we can, work across our entire value chain, accelerate the development of new technology, and address emissions related to process heat at our alumina refineries and minerals processing operations.
To strengthen our alignment with the Paris Agreement and our long-term commitment of achieving net zero emissions by 2050:
In 2023 we continued to progress our 6 abatement programs focused on the decarbonisation challenge across our business: repowering our Pacific Aluminium operations, renewables, aluminium anodes – ELYSISTM, alumina process heat, minerals processing and diesel transition.
By 2025 we expect to have made financial commitments to abatement projects that will achieve more than 15% of Group emissions. However, our actual emissions abatement will lag this.
We are also increasing our investment in our Nature-based Solutions team and now expect high integrity offsets to play a greater role in our decarbonisation strategy.
In contrast to many of our peers, about 80% of our emissions are driven by processing and producing metals and minerals, which are high temperature, hard-to-abate activities. The remaining 20% are from our mining operations.
Our 6 abatement programs are focused on the most significant sources of our Scope 1 and 2 emissions: electricity at 41% (purchased and generated), carbon anodes in aluminium smelting and reductants in titanium dioxide furnaces at 21%, fossil fuels for heat at our processing plants and alumina refineries at 20%, and diesel consumption in our mining equipment and rail fleet at 13%.
We made tangible progress on many fronts in 2023, including project commitments that deliver abatement of about 2Mt per year.
So far, we have reduced our Scope 1 and 2 emissions by 6% below our 2018 baseline. This is a slight decrease since 2022 as emissions from higher production in 2023 exceeded the abatement that our projects delivered that year.
We took the following specific actions in 2023:
We need to tackle our Scope 3 emissions, as we fully appreciate that to thrive in the long term we need to be part of net zero value chains. We are working closely with our customers and others to develop more secure and sustainable value chains and accelerate the development of cleaner production pathways for our products.
To work with our customers to tackle full value chain emissions:
Our approach to addressing Scope 3 emissions is to engage with our customers on climate change and work with them to develop and scale up technologies to decarbonise steel and aluminium production.
We have limited control over our Scope 3 emissions, as these come primarily from our customers in Asia while processing our iron ore into steel and bauxite into aluminium. While we have a key role to play, we do not set an overall Scope 3 emissions target as we have limited ability to directly influence the production processes of our customers – or theirs. In addition, because we do not extract fossil fuels, we do not have the option to reduce our Scope 3 emissions by shifting our portfolio away from fossil fuels.
The best way we can tackle Scope 3 emissions is to work through partnerships – with customers, governments, universities and others – to develop the technologies needed to produce low-carbon metals and minerals and help shape demand for low carbon metals and minerals.
In 2023, we continued to engage with nearly all our direct iron ore and bauxite customers and worked with them to optimise their current operations and to develop the low-carbon technologies needed to reduce emissions across our value chains.
The energy transition will create significant additional demand for our commodities, including copper, lithium and aluminium. We aim to grow in these commodities as well as in the production of high-quality iron ore. This iron ore will support the production of low-carbon steel required for infrastructure for the energy transition and ongoing urbanisation.
To capture new growth opportunities in materials with strong low carbon transition-related demand:
We are developing a pipeline of growth options leveraged towards the energy transition while maintaining our absolute commitment to capital discipline.
Meeting the incremental demand of the energy transition, and ensuring local supplies of critical minerals globally, deepens our relevance to the world and ensures our long-term profitability.
Greenhouse Gas Emissions Scope 1 and 2 greenhouse gas emissions – equity basis (Rio Tinto Share1)
Our 2030 greenhouse gas emissions targets are to reduce our absolute Scope 1 & 2 emissions by 15% by 2025 and 50% by 2030 compared with our 2018 equity baseline. Please see GHG Emissions Methodology sheet for details of our approach to reporting Scope 1, 2 & 3 emissions. Changes to our 2018 baseline include: Scope 2 update to market-based methodology, the additional equity share of the Oyu Tolgoi mine that was purchased in mid-December 2022, and the additional equity share of MRN purchased in 2024. The baseline value is based on the current equity in each asset, including zero equity in divested assets.
1. Rio Tinto Share (equity basis) represents emissions from our benefit or economic interest in the activities resulting in the emissions 2. Scope 2 emissions in the Baseline are calculated using the market – based method.
How we process personal data provided or obtained through this website.
With the exception of the use of cookies, Rio Tinto generally does not seek to collect personal data through this website. However if you choose to provide personal data to Rio Tinto through this website (for example, by sending us an email), we will process that personal data to answer your query and if relevant, to manage our business relationship with you or your company. We won't process that personal data for other purposes except where required to meet our legal obligations or otherwise as authorised by law and notified to you.
If you choose to subscribe to our media releases or other communications, you can unsubscribe at any time (by following the instructions in the email or by contacting us).
With your consent, our website uses cookies to distinguish you from other users of our website. This helps us to provide you with a good experience when you browse our website and also allows us to improve our site. A cookie is a small file of letters and numbers that we store on your browser or the hard drive of your computer if you agree. Cookies contain information that is transferred to your computer's hard drive.
As some data privacy laws regulate IP addresses and other information collected through the use of cookies as personal data, Rio Tinto’s processing of such personal data needs to comply with its Data Privacy Standard (see Part 1 of our Privacy Policy), and also applicable data privacy laws.
With the exception of the use of cookies (explained below), Rio Tinto generally does not seek to collect personal data through this website. However if you choose to provide personal data to Rio Tinto through this website (for example, by sending us an email), we will process that personal data to answer your query and if relevant, to manage our business relationship with you or your company. We won't process that personal data for other purposes except where required to meet our legal obligations or otherwise as authorised by law and notified to you.
Part 1 of this Privacy Policy contains the Rio Tinto Data Privacy Standard, which provides an overview of Rio Tinto’s approach to personal data processing. There is additional information in the appendices to the Data Privacy Standard, including information about disclosures, trans-border data transfers, the exercise of data subject rights and how to make complaints or obtain further information relating to Rio Tinto’s processing of your personal data.
If you choose to subscribe to our media releases or other communications, you can unsubscribe at any time (by following the instructions in the email or by contacting us at digital.comms@riotinto.com).
With your consent, our website uses cookies to distinguish you from other users of our website. This helps us to provide you with a good experience when you browse our website and also allows us to improve our site.
A cookie is a small file of letters and numbers that we store on your browser or the hard drive of your computer if you agree. Cookies contain information that is transferred to your computer's hard drive.
As some data privacy laws regulate IP addresses and other information collected through the use of cookies as personal data, Rio Tinto’s processing of such personal data needs to comply with its Data Privacy Standard (see Part 1 of this Privacy Policy), and also applicable data privacy laws.
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