Company: RTNTF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001628280-25-006642
Chunk: 58

Company: RIO TINTO LTD
Filing Date: 2025-02-20
Form: 20-F
Chunk 58
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 world – is capable of producing up to 40,000 tonnes of ilmenite ore a year, with drastically fewer emissions.

| For more on BlueSmelting,seeriotinto.com/bluesmelting |

| Annual Report on Form 20-F 2024 | 32 | riotinto.com |

Strategic report

Our approach to ESG As stewards of the lands where we operate, we have a responsibility to safely and sustainably access the world’s essential materials. This responsibility underpins everything we do and drives our commitment to embedding sustainability considerations into every stage of our business – from exploration to closure. To do this, we align our priorities and performance with society’s evolving expectations. Each year we complete a materiality assessment to understand what ESG topics matter most to our stakeholders and our business. This process includes gathering information from internal and external stakeholders through interviews, surveys and publicly available information to understand what impacts, risks and opportunities are important now and what they think will be important in the medium to long term. It’s essential we manage these ESG topics well as we strive for impeccable ESG credentials and a strong social licence, with the insights gathered through this process helping us to strengthen our approach and contribute to the long-term sustainability and success of our business for all stakeholders.

| For more informationsee riotinto.com/sustainabilityapproach |

The United Nations Sustainable Development Goals (UN SDGs) Our ESG framework describes how we manage and report externally on these topics and how we contribute to the UN SDGs, which are recognised as the global blueprint for a sustainable future. The SDGs are a useful reference point, helping us to prioritise our efforts to align with society’s expectations and deliver meaningful impact. We focus on goals we feel are most relevant to operating our business responsibly and where we can make the greatest difference. Our 2 lead goals are SDG 12 (responsible consumption and production) and SDG 8 (decent work and economic growth). Our operations also contribute to 8 supporting SDGs (3, 4, 5, 6, 9, 10, 13 and 15), while SDG 17 (partnerships for the goals) reflects our approach to sustainability and is fundamental to the way we run our business. What’s important now Our internal and external stakeholders are broadly aligned on 4 highly material ESG topics: climate change 1 ; respecting human rights; cultural heritage management; and health, safety and wellbeing. Additional material topics for us as we strive