GRI - Economic indicators
| GRI Indicator | Description of indicator | Links to information | Level of reporting |
|---|---|---|---|
EC1 |
Direct economic value generated and distributed, including revenues, operating costs, employee compensation, donations and other community investments, retained earnings and payments to capital providers and to governments. |
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EC2 |
Financial implications, other risks and opportunities for the organisation's activities due to climate change. |
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EC3 |
Coverage of the organisation's defined benefit plan obligations. |
Annual report |
|
EC4 |
Significant financial assistance received from government. |
Our data are currently not sufficiently reliable to allow us present this information. No governments are shareholders of Rio Tinto. |
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EC6 |
Policies, practices and proportion of spending on locally-based suppliers at significant locations of operation. |
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EC7 |
Procedures for local hiring, and proportion of senior management hired from the local community at locations of significant operation. |
Rio Tinto employs on the basis of job requirements and does not discriminate on the grounds of age, ethnic or social origin, gender, sexual orientation, politics or religion. We may make exceptions to favour local employment where local laws provide. Statistics on local hiring are not collected at the Group level, although many individual business units do collect this information. |
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EC8 |
Development, and impact of infrastructure investments and services provided primarily for public benefit through commercial, in-kind or pro-bono engagement. |
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MM1 |
Identify those sites where the local economic contribution and development impact is of particular significance and interest to stakeholders (eg. remote sites) and outline policies with respect to assessing this contribution. |
Communities 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. |
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MM2 |
Value added disaggregated to country level. |
Economic contributions |
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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)