Rio Tinto Group

InfluenceMap Score
D-
Performance Band
42%
Organisation Score
40%
Relationship Score
Modifications to InfluenceMap Scoring
Sector:
Materials
Head​quarters:
London, United Kingdom
Brands and Associated Companies
Alcan
Official Web Site:

Rio Tinto is actively engaged on climate and energy policy. Through its disclosures in 2018-2020, Rio Tinto has communicated positive, top-line positions on the Paris Agreement and the goals of limiting climate change to below 2C. Notably in its 2020 disclosures, the company further specified that the company supported the need to “pursue efforts to limit the temperature increase even further to 1.5” and that it does “not support advocacy for policies that undermine the Paris Agreement or discount Nationally Determined Commitments (NDCs).“ Rio Tinto’s more detailed engagement on GHG emissions legislation and regulation, however, has appeared less positive. For example, in 2018, Rio Tinto suggested that the New Zealand Government remove GHG emission targets from the Zero Carbon Bill on the grounds that is was potentially politically divisive. Additionally, in 2018, Rio Tinto supported weakening the stringency of the Australian federal Safeguard Mechanism, a policy that sets emissions benchmarks for heavy emitting companies to keep their facilities below. In 2019, the company also advocated against additional mandatory measures on GHG emissions outside federal regulation at the state-level in Australia. In the past, Rio Tinto has taken oppositional positions on carbon taxes and emissions trading policy. However, between 2018-2020 the company has regularly disclosed it supports a market-based price on carbon, although its engagement on the issue appears to focus on measures to protect the competitiveness of carbon-intensive firms. In 2017, Rio Tinto’s 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. However, the company appears not to have supported stronger carbon pricing regulation both in British Columbia (Canada) and New Zealand in 2018. Since 2018, Rio Tinto’s sustainability disclosures have stated support for increased electrification of transport and a shift away from fossil fuels. However, in 2019 Rio Tinto emphasised the cost of the energy transition to New Zealand’s economy in consultation with policymakers and argued that more stringent measures to pursue this in NZ “would not benefit the world or reduce global emissions”. In feedback to the Western Australian Environmental Protection Agency’s Greenhouse Gas Assessment Guidance, Rio Tinto appeared to caution against the early retirement of assets based on their emissions profile. Rio Tinto retains membership to various trade associations globally that have been successful in opposing policy progress on a transition towards a low carbon energy mix. These include the Minerals Council of Australia, the Queensland Resources Council, and the Business Council of Australia in Australia and the National Mining Association and US Chamber of Commerce in the US.

QUERIES
DATA SOURCES
Main Web Site Social Media CDP Responses Legislative Consultations Media Reports CEO Messaging Financial Disclosures EU Register
Climate Science Transparency
1 2 NS 2 1 NS NS NA
Climate Science Stance
1 0 NA 0 1 NS NS NA
Need for Climate Regulation
0 2 NS -1 1 -1 NS NA
UN Treaty Support
1 1 NA 1 1 1 NS NA
Transparency on Legislation
0 NA 1 NA NA NA NS NA
Carbon Tax
0 -2 -1 -1 -2 -2 NS NA
Emissions Trading
0 0 0 -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 0 0 NS NA
GHG Emission Standards
0 NS -1 -1 NS NS NS NA
Disclosure on Relationships
0 NS 0 NA NA NA NS NA
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
25%
 
25%
 
36%
 
36%
 
28%
 
28%
 
68%
 
68%
 
11%
 
11%
 
52%
 
52%
 
47%
 
47%
 
28%
 
28%
 
37%
 
37%

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.