Who we are
Transparency and political involvement
We are committed to maximum transparency, consistent with good governance and commercial confidentiality. Rio Tinto strives to conduct its business with integrity, honesty and fairness, building from a foundation of compliance with relevant local laws, regulations and international standards wherever we operate.
Training on our business integrity guidance is required for all managers. These guidelines cover bribery, anti-corruption and political involvement. We do not directly or indirectly participate in party politics or make payments to political parties or individual politicians.
Mining is a heavily regulated industry and we maintain continuous dialogue with many governments and public authorities at national, provincial and municipal levels. We speak out and make representations on matters affecting our business interests and those of our shareholders, employees and others involved in our activities.
In addition to internal policies and activities, Rio Tinto is active in promoting transparency and good corporate governance. We have been a member of the steering committee which developed and now assists in the implementation of the Transparency International (www.transparency.org) Business Principles since their inception. Through the International Council on Mining and Metals (www.icmm.com) we are also a member of the Extractive Industries Transparency Initiative (www.eitransparency.org). Both Rio Tinto and Alcan also endorse the World Economic Forum's Partnering Against Corruption Initiative (www.weforum.org).
There were no reported incidents of breaches of Rio Tinto's political involvement policies during 2007.
