Company: RTNTF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001628280-25-006642
Chunk: 275

Company: RIO TINTO LTD
Filing Date: 2025-02-20
Form: 20-F
Chunk 275
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 methodology used for the determination of these emissions are available at riotinto.com/sustainabilityreporting. 11. Carbon credits used towards our 2024 net emissions calculations include Australian Carbon Credit Units (ACCUs) that were retired for compliance for the period 1 January to 30 June 2024 plus a projection of the number of ACCUs we expect to retire for the period 1 July to 31 December 2024. This projection is based on our Scope 1 emissions for the period 1 July - 31 December 2024. For details, refer to the table “Carbon credits retired towards net emissions (equity basis)” in the Rio Tinto Sustainability Factbook. 12. Total emissions are the sum of Scope 1 and scope 2 emissions. Total emissions include scope 1 emissions resulting from production of electricity exported to third parties. These emissions exclude indirect emissions associated with transportation and use of our products reported under Scope 3 emissions at riotinto.com/ sustainabilityreporting. 13. Historical information for copper equivalent intensity has been restated inline with the 2023 review of commodity pricing to allow comparability over time. Exploration, research and development The Group carries out exploration, research and development as described in the product group on pages 24 - 31 . Exploration and evaluation costs, net of any gains and losses on disposal, generated a net loss before tax of $ 936 million ( 2023 : $ 1,230 million). Research and development costs were $ 398 million ( 2023 : $ 245 million). Dealing in Rio Tinto securities Rio Tinto securities dealing policy restricts dealing in Rio Tinto securities by Directors and employees who may be in possession of inside information. These individuals must seek clearance before any proposed dealing takes place. Our policy also prohibits such persons from engaging in hedging or other arrangements that limit the economic risk in connection to Rio Tinto securities issued, or otherwise allocated, as remuneration that are either unvested, or that have vested but remain subject to a holding period. We also impose restrictions on a broader group of employees, requiring them to seek clearance before engaging in similar arrangements over any Rio Tinto securities. Financial reporting Financial statements The Directors are required to prepare financial statements for each financial period that give a true and fair view of the state of the Group at the end of the financial period, together with profit or loss and cash flows for that period. This includes preparing financial statements in accordance with UK-adopted international accounting standards, applicable UK