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
Iron ore is the primary raw material used to make steel
7 things the world will need for a low-carbon future
Wind, sun and water – what else do you need to make renewable energy work?
Sustainability – the expectation, not the exception
Shaping our aluminium product offering to meet demand for greener metals
Bringing to market materials critical to urbanisation and the transition to a low-carbon economy
Look inside a mine of the future
Our most intelligent mine yet is pioneering new mining technologies
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
Sustainability Reporting 2023
As temporary custodians of the land where we operate, we are entrusted with accessing the world’s essential materials and making them available for society’s use
Climate Change
We’re targeting net zero emissions by 2050
Tailings
We’ve launched a new interactive map of our tailings facilities
We aim to deliver superior returns to our shareholders while safeguarding the environment and meeting our obligations to wider society
Reports 2023
Download our 2023 Annual Report, Climate Change Report, Sustainability Fact Book and Taxes Paid Report
Get the latest news, stories and updates
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
A new way to decarbonise steel
Tackling a global challenge
Tackling it all
A short documentary series with the Queensland Reds is inspiring working women everywhere
Discover more about life at Rio Tinto
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
Available jobs
Join our team
Climate change report
Targets: 15% by 2025; 50% by 2030 (relative to 2018 equity baseline); net zero by 2050.
1 We have restated prior year emissions numbers and our 2018 baseline following an update to our greenhouse gas (GHG) reporting methodology. See our Scope 1, 2 and 3 Emissions Calculation Methodology - 2023 Addendum for further detail.
Scope 1 and 2 emissions (2022: 32.7Mt CO2e) Delivery of our abatement projects slightly exceeded emissions growth from higher production
Scope 1 and 2 abatement projects committed (2022: 0.2Mt CO2e)
Boron became the world's first open cut mine to fully transition its heavy machinery from diesel to biofuels
Wind and solar projects commenced constructions at QMM and RBM
BlueSmelting demonstration plant commissioned and first tonne of pre-reduced ore produced
Continued to develop pilot projects in Madagascar and progressed pre-feasibility and feasibility work in South Africa, Guinea, US and Argentina
Committed to helping our customers and suppliers achieve their targets a decade earlier – reaching net zero by 2050.
Collaborated with tBaowu on various low-carbon pathways. Made advances on our breakthrough BioIron™ technology and with BlueScope on Electric Smelting Furnace (ESF) technology.
Lowered shipping emissions intensity by 37%2, added 5 liquified natural gas dual fuel vessels, and progressed end-state fuel option development (low-carbon ammonia and methanol).
Defined potential areas of collaboration to help decarbonise alumina refining with customers, representing 47% of global bauxite sales.
Enhanced our understanding of the sources and nature of our procurement-related emissions, including our highest emitting categories and suppliers, and potential abatement solutions.
2 Versus International Maritime Organization’s 2008 baseline
Collaborated with Baowu on various low-carbon pathways. Made advances on our breakthrough BioIron technology and BlueScope on Electric Smelting Furnance (ESF) technology
Defined potential areas of collaboration to help decarbonise alumina refining with customers, representing 47% of global bauxite sales
Lowered shipping emissions intensity by 37%, added 5 liquified natural gas dual fuel vessels, and progressed end-state fuel option development (low-carbon ammonia and methanol)
Enhanced our understanding of the sources and nature of our procurement-related emissions, including our highest emitting categories and suppliers, and potential abatement solutions
Aligning our capital and operational expenditure with our climate change targets and goals.
3 Restated from 2022 to include other investments by the Office of the Chief Scientist and in battery materials.
Capital expenditure (abatement projects and investments) (2022: $128m investment ramp-up expected later this decade)
RECs and offsets (intangible assets) (2022: $33m)
Operational expenditure (2022: $138 million includes biofuels and steel decarbonisations)
Capital expenditure guidance to 2030 excluding capitalised costs of RECs and voluntary and compliance offsets $1.5bn estimated capital investment 2024–26
We are continuing to execute the strategy we set in 2021, which will deliver long-term value by focusing on growth in materials for the low-carbon transition, decarbonising our operations and tackling emissions across our value chains. We are creating more definition around how we will achieve our targets, and seeing the early results gives me confidence that we have the right objectives, the right team and the right strategy."
We have committed to reaching net zero by 2050 and set ambitious interim targets relative to our 2018 equity emissions baseline: to reduce greenhouse gas (GHG) emissions by 15% by 2025 and by 50% by 2030.
In the Pilbara, we remain committed to building 1GW of renewable energy capacity. However, due to the extended timeline for deployment of battery electric haulage solutions, we now estimate that 600MW to 700MW capacity is required by 2030.
ELYSIS™ progressed its research and development program with the ongoing aim of steadily improving cell performance. Learnings from the past 2 years will now be incorporated into the development of the larger-scale cells (450kA).
1 Biocarbon trials are implemented using a step-by-step approach with the objectives of preserving the quality of the finished product as well as guaranteeing the performance of operations. All these parameters are taken into account in the gradual introduction of biocarbon into the smelters.
2 REDD+: reducing emissions from deforestation and forest degradation, plus the role of conservation, sustainable management of forests and enhancement of forest carbon stocks.
Research and development to focus on growing carbon-free aluminium smelting from the ELYSIS™ prototype cells that will enable the joint venture to take the next step towards an industrial demonstration level project.
We are committing to partner with our customers and suppliers to find better ways to help them achieve their targets a decade earlier – reaching net zero by 2050. We are acting now by investing in the development of breakthrough technologies that will help decarbonise our value chains, and upgrading our ores to be suitable for these.
2 Subject to technical and funding approvals.
We estimate the total capital expenditure on decarbonisation between 2022 and 2030 is expected to be $5-6 billion1 and $1.5 billion in the period 2024–26.
1 While our 2030 emissions reduction target remains unchanged, we now believe this can be met with $5–6 billion of capital investment, down from previous guidance of $7.5 billion.
We continue to encourage industry associations to align their advocacy with the goals of the Paris Agreement. We review the climate advocacy of industry associations annually, publishing our review on our website and using it to inform our membership renewal decisions.
In the short-term incentive plan (STIP), safety, environment, social and governance matters, including climate change, are now assigned an explicit performance weighting.
We are committed to supporting a just transition to a low-carbon economy that is socially inclusive and provides decent work and livelihoods.
We support the Task Force on Climate-related Financial Disclosures (TCFD) disclosure recommendations and are committed to aligning our disclosures with the Climate Action 100+ (CA100+) Net Zero Company Benchmark.
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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