Rio Tinto Group

InfluenceMap Score
D-
Performance Band
39%
Organisation Score
42%
Relationship Score
Modifications to InfluenceMap Scoring
Sector:
Materials
Head​quarters:
London, United Kingdom
Brands and Associated Companies
Alcan
Official Web Site:

Rio Tinto is active in its lobbying towards climate and energy policy. Rio Tinto has supported a 2°C goal as well as the UN Climate Treaty and urged the US President Trump to stay in the agreement in 2017. However, Rio Tinto appears to have advocated oppositional positions on Australian federal targets and subsidies for renewable energy in 2017 consultation responses and rejected similar state-level legislation for Queensland in 2016. Whilst Rio Tinto has, in the past, taken oppositional positions on carbon taxes and emissions trading policy, Rio Tinto Head of Environment and Climate Change, Matthew Bateson, publicly stated support for a national Chinese emissions trading scheme and policy to transition away from coal in 2017. However, Rio Tinto's position on a low-carbon energy mix appears to be inconsistent and, in response to a 2017 consultation response on Australia’s electricity system, the company also advocated that new coal plants be built to improve reliability and reduce the costs. Rio Tinto is a board member of the Mining Association of Canada, Minerals Council of Australia and Business Council of Australia, all who have opposed climate legislation throughout Canada and Australia respectively.

QUESTIONS SOURCES Main Web Site Social Media CDP Responses Legislative Consultations Media Reports CEO Messaging Financial Disclosures EU Register
Climate Science Transparency 2 NS NS 2 1 NS NS NA
Climate Science Stance 1 0 NA 0 1 NS NS NA
Need for climate regulations -1 NS NS -1 1 NS NS NA
UN Treaty Support 1 1 NA 1 1 1 NS NA
Transparency on Legislation 0 NA 1 NA NA NA NS 1
Carbon Tax NS -2 -1 -1 -2 -2 NS NA
Emissions Trading 1 0 -1 -1 1 1 NS NA
Energy Efficiency Standards NS 0 -1 -2 -2 NS NS NA
Renewable Energy Legislation -1 -1 NS -2 -1 -1 NS NA
Energy Policy and Mix 0 0 NS -1 -1 -2 NS NA
GHG Emission Standards NS -1 -1 -1 NS NS NS NA
Disclosure on Relationships -1 NS 1 NA NA NA NS 1
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
56%
 
56%
 
29%
 
29%
 
69%
 
69%
 
35%
 
35%
 
41%
 
41%
 
45%
 
45%
 
37%
 
37%
 
50%
 
50%
 
32%
 
32%

AUM

AUM stands for "Assets Under Management" and is the key metric for gauging the size of an Asset Manager or Asset Owner or Listed Fund. It is measured in US$ or other currency. We note that the AUM numbers for Listed Funds are necessarily highly accurate as these are instruments traded on financial markets. AUM numbers for Asset Managers and Asset Owners rely on disclosures by the entities concerned and the accuracy of these AUM numbers varies with region and entity. It may also be effectively out of date as disclosure may be on a quarterly or even annual basis.