Economic indicators
| GRI Indicator |
Description of indicator |
Links to information |
Level of reporting |
| EC1 |
Net sales |
|
 |
| EC2 |
Geographic breakdown of markets. For each product or product range, disclose national market share by country where this is 25% or more. Disclose market share and sales for each country where national sales represent 5% or more of GDP.
|
- Annual report (page 11, business environment and markets; page 115, turnover by destination)
|
 |
| EC3 |
Cost of all goods, materials, and services purchased
|
|
|
| EC4 |
Percentage of contracts that were paid in accordance with agreed terms, excluding agreed penalty arrangements
|
- These data are not currently collected at a Group level due to the significant volume of contracts in place.
|
 |
| EC5 |
Total payroll and benefits broken down by country or region
|
|
|
| EC6 |
Distributions to providers of capital broken down by interest on debt and borrowings, and dividends on all classes or shares, with any arrears of preferred dividends to be disclosed
|
- Annual report (page 102, net debt of joint ventures and associates; page 107, net debt)
|
|
| EC7 |
Increase/decrease in retained earnings at end of period
|
- Annual report (page 88, balance sheet; page 90, statement of total recognised gains and losses)
|
|
| EC8 |
Total sum of all taxes paid broken down by country
|
|
|
| EC9 |
Subsidies received broken down by country or region |
- Data is commerically confidental and is therefore not disclosed.
|
|
| EC10 |
Donations to community, civil society, and other groups broken down in terms of cash and in-kind donations per type of group
|
|
|
Mining and Minerals Sector Supplement
| GRI Indicator |
Description of indicator |
Links to information |
Level of reporting |
| MM1 |
Identify those sites where the local economic contribution and development impact is of particular significance and interest to stakeholders (e.g.. Remote sites) and outline policies with respect to assessing this contribution.
- Percentage of good, materials, and services purchased locally;
- Percentage of workforce from local communities;
- Investment in public infrastructure and its maintenance; and
- Compensation payments.
|
- Significant local economic contribution and development impacts have been assessed at a number of our sites including Diavik, Richards Bay Minerals, Rossing, QMM, Palabora, Pilbara Iron, Comalco, Murowa Diamonds, Argyle, IOC, QIT, Rio Tinto Coal Australia. Please see case studies and local S&E reports
- The policies which drive local development include our Communities Policy and our Communities Standard.
- Within the communities programmes sites must develop 5 year plans with the communities and provide annual updates in which they set out the community preferences for the programmes and, where those are economic, we work together to maximise them.
- Twenty five percent of supplies are purchased locally (2005 SD Review, page 30/31).
- Contributions to Communities
- In 2005, Rio Tinto businesses supported over 2,000 socio economic programmes. These covered a range of activities including health, education, business development, housing, environment and agriculture. Rio Tinto directly invested US$93.4 million in communities related to our business (page 30/36 of 2005 SD report).
- Case studies: Argyle is of particular relevance to this indicator.Communities Policy and our Communities Standard.
- Rio Tinto definition of local: the area that encompasses where the mine is and where the majority of employees working at the operation live, and from where the operation would receive local supplies. The delineation of the local level should relate to the operation (the site of social and environmental impact) and NOT be extended to include a head office remote from the operation. E175
|
|
| MM2 |
Value-added disaggregated to country level. Note: value added is defined as total revenues less total cost of procurement. |
|
|
Fully reported
Partially reported (Only part of the indicator may be relevant or working towards fully reporting in the future)
Not reported (Not relevant, commercially confidential or committed to future reporting)
Back to top