Traditional Owners, Far North Queensland

Industry Association Disclosure

Industry associations have an important role to play in the policy development process, the sharing of best practice and the development of standards. Industry associations provide us with a leadership opportunity, allowing us to better understand a range of external views and contribute our perspectives and experiences in support of a coordinated approach which benefits business, the economy and society.

We recognise there is increasing stakeholder interest in industry associations and the role they play in policy advocacy.

Each industry association is different. Some focus on a thematic mandate and promote best practice in a given domain; while others gather a broader set of companies and represent a sector’s interest to government, policy makers and other stakeholders. Our participation across different industry associations will also vary, with more active engagement in associations on issues where we can benefit, influence and add value.

Our work with industry associations

The value of industry association membership

We join industry associations where membership provides value to our business, investors and other stakeholders.

The value of membership and the scope of services provided to members of industry associations varies by industry association for each and may include:

  • opportunities to understand a range of views on issues affecting the industry
  • opportunities for us to contribute our perspectives and experiences in support of efficient and effective policy
  • opportunities to share best practices, technical insights and research on safety, health and the environment
  • opportunities to contribute to the development of industry standards
  • cost-sharing among members for the development of technical expertise
  • education and professional development opportunities
  • opportunities to open new markets, improve the operating environment for our assets or create new opportunities for our products that add value for shareholders
  • engagement with employees or customers across the industry

Positions taken by industry associations on a given topic will consider a range of members’ views, and the nuance and emphasis of an industry association’s position may differ from ours. Diverse and differing views should be heard in order to support rich and full debate, reach compromises where appropriate, and make progress on solutions to complex issues. We encourage industry associations to engage broadly with other stakeholders (such as investors and non-government organisations). We expect our industry associations to employ best practice in their political engagement.

In our engagement with industry associations and more broadly, we do not favour any political party, group or individual.

We operate on a politically neutral basis. No political donations are made by the Group. However, in accordance with the United States Federal Election Campaign Act, US employees formed a Political Action Committee (PAC) in 1990 to facilitate bipartisan voluntary political contributions. The PAC operates in compliance with federal and state campaign finance laws.

This content is approved by our Board. Responsibility for the application of this document to individual association membership is delegated to management on a ‘comply or explain’ basis.

Monitoring of industry association memberships

Recognising that industry associations’ views will not always be the same as ours, we periodically review our memberships in individual industry associations. This assessment may include:

  • the purpose of the association and the value that the membership may provide to Rio Tinto and its investors;
  • appropriate governance structures within the industry association; and
  • activities and positions of advocacy of the industry association.

Where significant differences in policy positions arise, we may:

  • provide greater clarity on our own policy positions, such as company submissions on policy issues and/or direct engagement with policy makers;
  • work as part of that industry association to understand alternative points of view and to seek common ground that enables progress to be made;
  • seek a leadership position in the governance body of that industry association to further influence the policies and perspectives of that association; and/or
  • ultimately, and if formal dialogue processes appear incapable of resolving such differences in positions, review our ongoing membership of that industry association.

Industry association fees

Membership fees payable to industry associations are often based on either production volumes or revenue, and in some cases are subject to a cap. Generally, the annual subscription fee payable is an aggregate amount – that is, no part of the annual fee is earmarked for any particular purpose or activity. On some occasions, we pay charges in addition to membership fees to industry associations, these are typically for one-off projects or exceptional undertakings.

Our top five industry association memberships by fees are detailed in the table below.

  • Top Five Association Memberships by Fees

    Rio Tinto’s top five industry association memberships by fees for CY2020

    Industry association

    Jurisdiction

    Purpose

    Fee paid ($US)

    Minerals Council of Australia (MCA)

    Australia

    The MCA represents Australia’s exploration, mining and minerals processing industry nationally and internationally including its contribution to sustainable development and society.

    $2,167,000 

    International Council of Mining and Metals (ICMM)

    International

    ICMM is dedicated to a safe, fair and sustainable mining and metals industry. They serve as a catalyst for change, enhancing mining's contribution to society. 

    $985,000 

    Natural Diamond Council (NDC)

    International

    The NDC’s purpose is to protect and promote the integrity and reputation of diamonds, thereby ensuring the sustainability of the diamonds industry.

    $631,000 

    Chamber of Minerals & Energy of WA (CMEWA)

    Australia

    (Western Australia)

    CMEWA represents members across mining, oil and gas and resources sector services, supporting an innovative and competitive Western Australian resources sector, which delivers value to the community and investors while underpinning Australia’s economy. 

    $598,000 

    Aluminium Association of Canada (AAC)

    Canada

    The AAC represents the Canadian primary aluminium industry and strives to ensure that the Canadian primary aluminium industry is considered a world-class model of sustainable prosperity. 

    $561,000 

 

Areas of interest

In addition to the information above on our memberships of industry associations in general, we provide particular information in relation to our membership of industry associations and climate and energy policy.

Climate and energy1

Climate change presents a significant challenge for the world and for Rio Tinto. Read more about our approach to climate change.

Significant progress towards a solution to climate change will only occur where there is broad engagement involving the breadth of experience and opinion from business, governments, investors, civil society organisations and consumers. Government policy that creates the right framework for change is critical, coupled with real business action and societal shifts. Collaboration across countries, industries and society is key to achieving the systemic change needed to meet climate challenges.

Our approach to climate change therefore requires active engagement on climate and energy policy with governments, industry associations, investors and civil society in the countries where we operate.

With our industry associations, we expect any positions and advocacy to be accepting of mainstream climate-science. We encourage our industry associations to challenge themselves to raise their climate ambition and consider how they can advocate for the emissions cuts required to meet the goals in the Paris Agreement. We do not support advocacy for policies that undermine the Paris Agreement or discount Nationally Determined Contributions (NDCs).

We expect our industry associations to align with us on the journey to achieve the goals in the Paris Agreement.

[1] This information supplements information provided in our Climate Change Report and in our annual CDP (Carbon Disclosure Project) submissions on industry associations that take positions on climate change and energy.

In particular, we expect policy positions and advocacy by our industry associations to satisfy all of the following:

  • Accept mainstream climate science
  • Advance the Paris Agreement goals to hold the increase in the global average temperature to well below 2°C above pre-industrial levels and pursue efforts to limit the temperature increase to 1.5°C above pre-industrial levels
  • Support governments as they raise the ambition of their Nationally Determined Contributions
  • Support market mechanisms, including carbon pricing, that stimulate innovation and cost-effective emissions reductions and minimise competitive distortions within and across sectors and jurisdictions
  • Recognise the valuable contribution that renewable energy sources make in reducing emissions, not undermine the role renewables have in the energy mix
  • Ensure that any positions and advocacy on the use of coal do not support subsidies and note that it will require advanced technology, and in the medium to long term must be consistent with the Paris Agreement

Significant differences in policy positions and advocacy

We list all our major industry associations important to our policy advocacy approach and that take positions on climate and energy issues in the table below.

 

  • Industry association list

     List of industry associations that take positions on climate change and energy

    Industry Association

    Jurisdiction

    Purpose

    Engagement

    Australian Aluminium Council (AAC)

    Australia

    The AAC represents the aluminium industry in Australia. Through its technical group, the AAC develops and maintains material specifications, standards and other technical data.

    A Rio Tinto representative is a member of the board. Rio Tinto Aluminium is one of the major participants in this organisation.

    Australian Industry Greenhouse Network (AIGN)

    Australia

    AIGN is a network of industry associations and individual businesses that contribute to the climate change policy debate and see value in joint industry action on climate change, to promote sustainable industry development.

    Rio Tinto participates in the monthly AIGN meetings.

    Business Council of Australia (BCA)

    Australia

    The BCA provides a forum for the chief executives of Australia’s largest companies to promote economic growth and social progress in the national interest.

    Rio Tinto is a member company as well as a participant in a number of working groups and committees. We actively participate in the energy and climate change working party. 

    Minerals Council of Australia (MCA)

    Australia

    The MCA represents Australia’s exploration, mining and minerals processing industry nationally and internationally including its contribution to sustainable development and society. 

    A Rio Tinto representative is a member of the board. We actively participate in the energy and climate change standing committee and continue to be engaged with the MCA’s climate and energy position. 

    Queensland Resources Council (QRC)

    Australia (Queensland)

    The QRC is an independent body representing the commercial developers of Queensland's minerals & energy resources.

    Rio Tinto is a member company as well as a participant in a number of working groups and standing committees.

    Chamber of Minerals & Energy of WA (CMEWA)

    Australia
    (Western Australia)

    CMEWA represents members across mining, oil and gas and resources sector services, supporting an innovative and competitive Western Australian resources sector, which delivers value to the community and investors while underpinning Australia’s economy.

    Rio Tinto has a position on the Advisory Board and Executive Council. Rio Tinto also has membership of various committees, working groups and reference groups, such as the climate policy and energy efficiency reference group. 

    Aluminium Association of Canada (AAC)

    Canada

    The AAC represents the Canadian primary aluminium industry, and strives to ensure that the Canadian primary aluminium industry is considered a world-class model of sustainable prosperity.

    A Rio Tinto representative is a member of the board and Rio Tinto is one of three major members of the association.

    Business Council of Canada (BCC)

    Canada

    The BCC brings business leaders together to shape public policy in the interests of a stronger Canada and a better world.

    Rio Tinto is a member of the BCC.

    Canadian American Business Council (CABC)

    Canada

    The CABC is an issues-oriented organisation dedicated to elevating the private sector perspective on issues that affect Canada and the United States. Activities include high-level briefings on issues of current concern, assistance with practical trade and policy challenges, significant networking opportunities, and seminars.

    A Rio Tinto representative is a member of the board.

    Canadian Chamber of Commerce

    Canada

    The Canadian Chamber of Commerce is a broad-based business association that advocates for public policies that will foster a strong, competitive economic environment that benefits businesses, communities and families across Canada.

    Rio Tinto is on the Board of the Chamber and is active in several councils, including Net Zero, and will be participating in the Critical Minerals Council in 2022. 

    Canadian Electricity Association (CEA)

    Canada

    The CEA provides a range of innovative programs and services in addition to delivering a coherent industry viewpoint to decision makers on critical policy and regulatory issues.

    A Rio Tinto representative is a member of the board as well as the generation and transmission councils.

    Canadian Steel Producers Association (CSPA)

    Canada

    CSPA is the national voice of Canada’s steel industry.

    Rio Tinto Fer et Titane is a member of the board of CSPA.

    Mining Association of Canada (MAC)

    Canada

    MAC represents the Canadian mining industry in promoting the industry; working with governments on policies affecting the sector; and educating the public on the value mining brings to the economy.

    A Rio Tinto representative is a member of the board, as well as a member of the executive committee of MAC. Rio Tinto will engage with MAC in 2022 on climate advocacy issues, including around just transition legislation, border carbon adjustment consultations; and Canada’s ongoing consultation to achieve updated nationally determined contributions. 

    The Business Council of British Columbia (BCBC)

    Canada (British Columbia)

    The BCBC is a collaborative, non-partisan organisation that produces public-policy research and advice on issues to enhance British Columbia’s competitiveness and prosperity. 

    Rio Tinto is a member of BCBC.

    Association Minière du Québec (AMQ)

    Canada (Québec)

    AMQ represents mining companies producing metals and minerals and their constituent mines, metallurgy companies, mining contractors and junior mining companies established in Québec.

    A Rio Tinto representative is a member of the board.

    Association Québécoise des Consommateurs Industriels d'Électricité (AQCIE)

    Canada (Québec)

    AQCIE represents the largest consumers of electricity for industrial purposes, including agrifood, aluminium, petrochemicals, pulp and paper, primary metal processing, chemicals and non-metallic mineral products.

    A Rio Tinto representative is a member of the board.

    Conseil du patronat du Québec Inc. (CPQ)

    Canada (Québec)

    The CPQ represents a broad-based group of Québec employers.

    Rio Tinto participates in committees.

    Conseil Patronal de l’Environnement du Québec (CPEQ)

    Canada (Québec)

    CPEQ represents Québec companies on issues related to the environment and sustainable development. Activities include advocacy for business and Québec co-operation on environmental issues.

    Rio Tinto is a member of CPEQ.

    Manufacturiers et Exportateurs du Québec (MEQ) / Canadian Manufacturers and Exporters (CME)

    Canada (Québec)

    MEQ/CME represents the interests of Canadian manufacturers and exporters. Its focus is to enhance the productivity, trade and export, energy and environment, leadership development, safety and more for its partnership members.

    A Rio Tinto representative is a member of the board.

    Fédération des chambres de commerce du Québec (FCCQ)

    Canada (Québec)

    The FCCQ represents more than 50,000 companies operating in all sectors of the economy and throughout Québec. It supports the development of businesses from all economic sectors and regions.

    A Rio Tinto representative is a member of the board.

    Consejo Minero

    Chile

    The Mining Council is the trade association that brings together the 18 largest mining companies in Chile, to promote the development of the mining sector and its environment.

    A Rio Tinto representative is a member of the board and Rio Tinto participates in subcommittees; including on energy and climate change.

    Eurometaux

    EU

    Eurometaux represents the interests of the combined non-ferrous metals industry towards EU policy makers. It aims to promote sustainable production, use and recycling of non-ferrous metals in Europe, and a supportive business environment for members. 

    Rio Tinto actively participates in several committees of Eurometaux, including the Energy & Climate Change committee and the Sustainability committee. 

    European Aluminium Association

    EU

    The European Aluminium Association is an industry association in Brussels representing 80+ member companies and advocating at the EU level for the European aluminium value chain.

    Rio Tinto Aluminium co-chairs the innovation task force.

    European Roundtable of Industrialists (ERT)

    EU

    ERT is a membership body for large European companies’ CEOs. It covers trade, energy, climate change and EU competition law.

    Rio Tinto is an active member of the ERT Energy Transition & Climate Change Committee. 

    European Chemical Industry Council (CEFIC)

    EU

    CEFIC represents chemical companies across Europe, which account for about 17% of world chemicals production.

    Borax Europe Limited is a member of CEFIC.

    Business NZ

    New Zealand

    Business NZ is New Zealand's largest advocacy group for business.

    Rio Tinto is a member of the major companies group and the Business NZ Energy Council.

    Major Electricity Users’ Group (MEUG)

    New Zealand

    MEUG's purpose is to help members’ management of electricity costs and risks, achieving outcomes consistent with competitive markets for the long-term benefit of electricity consumers.

    A Rio Tinto representative is deputy chair at monthly meetings.

    Minerals Council South Africa (MinCoSA)

    South Africa

    MinCoSA acts as a principal advocate for mining in South Africa to government, communicating major policies endorsed by its members. It seeks to create a conducive policy, legislative and operating environment that facilitates doubling real investment in mining by 2030.

    A Rio Tinto representative is a member of the board. Work is underway at MinCoSA to develop a new climate change position paper. Rio Tinto is actively engaged in the development of the paper.

    International Chamber of Commerce (ICC)

    UK

    The ICC works to promote international trade, responsible business conduct and a global approach to regulation to accelerate inclusive and sustainable growth to the benefit of all. It is the only global business body with UN observer status.

    Rio Tinto is a corporate member and contributes to development of global policy agenda on issues of relevance including international trade, international taxation and regulation.

    Aluminium Association (AA)

    USA

    The AA is committed to advancing aluminium as the sustainable metal of choice around the world. It provides global standards, industry statistics and expert knowledge to member companies and policy makers nationwide and is highly engaged in public policy and technical forums.

    Rio Tinto Aluminium chairs the government affairs committee of the AA.

    Blue Green Alliance (BGA)

    USA

    The BGA aims to solve today’s environmental challenges in ways that create and maintain quality jobs and build a stronger, fairer economy.

    Rio Tinto is on the advisory board of the BGA but are not members.

    US Chamber of Commerce (USCC)

    USA

    The USCC represents the interests of more than three million businesses of all sizes, sectors, and regions.

    Rio Tinto is a member of the Chamber’s energy and climate change committee and supply chain working group. 

    US National Mining Association (NMA)

    USA

    The NMA is a leading voice of the US mining industry and represents all mining sectors.

    Rio Tinto has a position on the NMA board and is a member of the ESG task force.

    Energy Transitions Commission (ETC)

    International

    ETC aims to accelerate change towards low-carbon energy systems that enable robust economic development and limit the rise in global temperature to well below 2°C.

    Rio Tinto’s Chairman is Commissioner at the ETC.

    International Aluminium Institute (IAI)

    International

    The IAI aims to promote aluminium; provide a global forum for aluminium producers on matters of common concern; identify issues of relevance to the production, use and recycling of aluminium; encourage and assist progress in the healthy, safe and environmentally sound production of aluminium; collect statistical and other relevant information; and communicate the views and positions of the aluminium industry to international agencies and other relevant parties. 

    An RTA representative is a member of the board. A company representative chairs one of the main committees, and representatives are active participants of several working groups. 

    International Council of Mining and Metals (ICMM)

    International

    ICMM is dedicated to a safe, fair and sustainable mining and metals industry. They serve as a catalyst for change, enhancing mining's contribution to society.

    Rio Tinto's Chief Executive is a member of the ICMM Council. We are an active participant in the climate change and energy working group.

    International Emissions Trading Association (IETA)

    International

    IETA's mission is to empower business to engage in climate action, advancing the objectives of the United Nations Framework Convention on Climate Change and the Paris Agreement as informed by Intergovernmental Panel on Climate Change science, and establish effective market-based trading systems for greenhouse gas (GHG) emissions and removals that are environmentally robust, fair, open, efficient, accountable and consistent across national boundaries. 

    A Rio Tinto representative is Chairman of the board of IETA and co-chair of the international working group.

    Legend

    Stated policy positions and advocacy are on balance aligned with Rio Tinto climate and energy policy 

    Stated policy positions and advocacy are on balance partially aligned with Rio Tinto climate and energy policy 

    Stated policy positions and advocacy are on balance not aligned with Rio Tinto climate and energy policy 

We also provide further information on any of those industry associations whose positions and advocacy on climate and energy policy significantly differ from Rio Tinto’s climate and energy elements below.

  • Further information

    Industry associations whose positions and advocacy on climate and energy policy are not aligned or partially aligned with Rio Tinto’s climate and energy policy 

    NOT ALIGNED

    National Mining Association (US)

    The National Mining Association (NMA) advocates for national and international mining interests in the United States. Although there are many areas of agreement on issues such as mining law reform, safety and public land management, and the Resolution Copper project, there is a significant departure on climate and energy policy positions between the NMA and Rio Tinto. Rio Tinto has a position on the board, but does not sit on the Executive Committee. 

    The NMA has been valuable in addressing COVID-related issues, Mining Law reform, public land issues, and some issues regarding Resolution Copper. However, challenges remain around NMA’s climate change direction and alignment with Rio Tinto’s stated climate goals. Rio Tinto has communicated our company’s position on the need to address climate change and recommended that NMA align with us. Rio Tinto further advocated for the NMA to create an environmental, social and governance (ESG) task force which will guide the NMA’s future positioning on these matters. While the NMA adopted ESG policy positions, with our company being a leading proponent, the coal members continue to challenge reference to the Paris Agreement.

    Moreover, the NMA continues to support incentives for thermal coal to maintain base load generation, price and grid stability. Rio Tinto will continue working towards better alignment of NMA policy with Rio Tinto policy and will review our membership on an annual basis. 

    National Mining Association policy differences

    Issue

    Association position / advocacy

    Rio Tinto’s policy element

    Action taken

    Paris Agreement

    The NMA does not support the Paris Agreement on the grounds that it believes that it would have damaging effects on the US economy. 

    Advance the Paris Agreement goals to hold the increase in the global average temperature to well below 2°C above pre-industrial levels and pursue efforts to limit the temperature increase to 1.5°C above pre-industrial levels. 

    Rio Tinto will continue working towards better alignment of NMA policy with Rio Tinto policy and will review our membership on an annual basis.

    Positions and advocacy on the use of coal

    The NMA supports incentives for thermal coal to maintain base load generation, price and grid stability. 

    Ensure that any positions and advocacy on the use of coal do not support subsidies and note that it will require advanced technology, and in the medium to long term must be consistent with Paris Agreement targets. 

    Rio Tinto will continue working towards better alignment of NMA policy with Rio Tinto policy and will review our membership on an annual basis.

    PARTIALLY ALIGNED

    Minerals Council of Australia (Australia)

    The Minerals Council of Australia (MCA) represents Australia’s exploration, mining and minerals processing industry nationally and internationally including its contribution to sustainable development and society. Rio Tinto benefits from its membership of the MCA in several ways. In 2021, the MCA coordinated and led industry adoption of the Towards Sustainable Mining Protocol to assist the evaluation, management and communication of sustainability performance. It has been a focal point on industry-led skills development, including the Mining Skills Organisations Pilot, which has matured into a separate entity to modernise skills and training curriculum. The MCA has made submissions and provided industry briefings on key issues such as the Commonwealth Juukan Gorge inquiry, the Western Australian Aboriginal Cultural Heritage legislation and Respect@Work policy priorities. It was also an effective conduit for the efficient passage of information between the Commonwealth and industry during the COVID-19 pandemic.

    Rio Tinto engages closely with the MCA on climate and energy advocacy and welcomes the strengthened alignment between the MCA and our climate and energy policy in 2021, including the MCA’s support for net zero emissions by 2050. However, there is opportunity to further strengthen alignment on positions and advocacy regarding the use of coal. While the MCA often acknowledges the need for advanced technology, it has not always done so. Rio Tinto has identified some instances where the MCA’s advocacy on coal has not been consistent with the Paris Agreement targets. For example, some advocacy details increasing demand for coal from Australia’s export markets, and describes Australia as well positioned to meet this growing demand. In these instances, the MCA has not sought to rationalise how meeting this demand in the medium to long term can be consistent with the Paris Agreement targets. Rio Tinto notes such instances as examples of a broader trend and will continue to engage with the MCA to seek stronger alignment on this issue.

    Issue

    Association position / advocacy

    Rio Tinto’s policy element

    Action taken

    Positions and advocacy on the use of coal

    The MCA does not support subsidies for coal; however, positions on the use of coal do not consistently note it will require advanced technology and are not always consistent with the Paris Agreement targets in the medium to long term.

     Ensure that any positions and advocacy on the use of coal do not support subsidies and note that it will require advanced technology, and in the medium to long term must be consistent with Paris targets. Rio Tinto will continue to engage with the MCA to strengthen alignment with our climate and energy policy related to advocacy on coal.

    Queensland Resources Council (Australia)

    The Queensland Resources Council (QRC) is an independent body representing the commercial developers of Queensland’s minerals and energy resources. Rio Tinto benefits from its membership of the QRC in several ways. The QRC continues to play an essential role in the response to COVID-19, representing industry in discussions with government, facilitating member updates and helping to ensure the resources industry can continue to operate. The QRC also plays an important role in the development of industry standards and representing the resources industry in the development of State and Federal policy.

    Rio Tinto engages closely with the QRC on climate and energy advocacy and welcomes the strengthened alignment between the QRC and our climate and energy policy in 2021, including the QRC’s explicit support for the Paris Agreement and net zero emissions by 2050. However, there is opportunity to further strengthen alignment on positions and advocacy regarding the use of coal. Rio Tinto has identified some instances where the QRC’s advocacy on coal does not reference the need for advanced technology and is not consistent with the Paris Agreement targets. For example, some advocacy welcomes increasing and ongoing demand for coal from Australia’s export markets and encourages Australia to meet this demand. In these instances, the QRC has not sought to rationalise how meeting this demand in the medium to long term can be consistent with the Paris Agreement targets. Rio Tinto notes such instances as examples of a broader trend and will continue to engage with the QRC to seek stronger alignment on this issue.

    Issue

    Association position / advocacy

    Rio Tinto’s policy element

    Action taken

    Positions and advocacy on the use of coal

    The QRC does not support subsidies for coal; however, positions on the use of coal do not consistently note it will require advanced technology and are not always consistent with the Paris Agreement targets in the medium to long term.

    Ensure that any positions and advocacy on the use of coal do not support subsidies and note that it will require advanced technology, and in the medium to long term must be consistent with Paris Agreement targets. Rio Tinto has engaged with the QRC where advocacy has not been aligned our with climate and energy policy related to advocacy on coal to clarify our position and seek alignment.

    US Chamber of Commerce (US)

    The US Chamber of Commerce (USCC) represents the interests of more than three million businesses of all sizes, sectors, and regions. Rio Tinto is a member of the Chamber’s energy and climate change committee. The USCC has been valuable regarding protecting Resolution Copper’s license to operate, and geopolitical supply chain issues around China and Southeast Asia.

    The Chamber previously had significant policy differences to us, as detailed in our previous disclosures. We communicated and engaged with them on their climate change position along with other companies, and they subsequently adjusted their position. They now support US participation in the Paris Agreement, acknowledge that humans contribute to climate change, and call for action to address the challenge. Despite these changes in their formal position, some advocacy by USCC continues to support the use of coal. There is opportunity to further strengthen alignment between USCC’s position on the Paris Agreement and wider advocacy regarding the use of coal, to ensure it more consistently acknowledges the need for advanced technology and in the medium to long term is consistent with Paris Agreement targets.

    Issue

    Association position / advocacy

    Rio Tinto’s policy element

    Action taken

    Positions and advocacy on the use of coal

    The USCC has made statements that coal will be an important part of the energy mix into the future, when used cleanly and responsibly, but does not explicitly state the requirement of advanced technology.

    Ensure that any positions and advocacy on the use of coal do not support subsidies and note that it will require advanced technology, and in the medium to long term must be consistent with Paris Agreement targets. Rio Tinto is a member of the USCC’s energy and climate change committee. The Chamber previously had significant policy differences to us, as detailed in our previous disclosures. We communicated and engaged with USCC on their climate change position along with other companies, and the association has subsequently adjusted their position to reflect better alignment with our company. The USCC now supports US participation in the Paris Agreement, acknowledge that humans contribute to climate change, and call for action to address the challenge through market-based climate schemes which is aligned with principles 1-6. We will continue to engage with a view to ensure that the USCC is fully aligned with Rio Tinto’s climate and energy policy related to advocacy on coal.

Policy and advocacy alignment

In accordance with the provisions governing the monitoring of our industry association memberships, we may decide to suspend our support and membership of industry associations if an industry association’s policy positions or advocacy differ significantly from Rio Tinto’s climate and energy policy and such differences appear incapable of being resolved.

Such a decision will take into account other benefits, unrelated to climate change, that membership of such associations brings to Rio Tinto, its investors and other stakeholders.

Please note the above text represents a consolidation of previous reports. For completeness, these can be viewed through the links below: