Corporate governance
Rio Tinto is committed to high standards of corporate governance, accountability and responsibility.
Rio Tinto combines Rio Tinto plc, incorporated in England and Wales, and Rio Tinto Limited, incorporated in Australia, in a dual listed companies structure as a single economic entity.
All shareholders of Rio Tinto Limited and Rio Tinto plc are in the same economic position as if they held shares in Rio Tinto as a single enterprise. They make decisions on matters affecting them all through a joint electoral procedure.
Rio Tinto's directors are common to both Rio Tinto companies. In accordance with best practice, the board comprises a mix of executives and non executives, providing a balance of innovative thinking with business knowledge and experience.
All directors have full and timely access to information they require to discharge their duties and responsibilities fully and effectively. The directors have established board committees which are fundamental to good corporate governance, best practice and control: they are the Nominations committee, the Audit committee, the Remuneration committee and the Committee on social and environmental accountability.
Directors' interests in Rio Tinto are fully disclosed. Directors and designated employees are prohibited from short term speculative dealing in Rio Tinto shares and any dealing during "closed periods". No one may disclose price sensitive information to others or deal in Rio Tinto shares themselves when in possession of it.
Back to top