Company: RTNTF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001628280-25-006642
Chunk: 70

Company: RIO TINTO LTD
Filing Date: 2025-02-20
Form: 20-F
Chunk 70
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 changes. Biodiversity dependencies consider how people and society rely on, or hold connections to, ecosystems, which are vital for both biodiversity and supporting various industries, such as mining and processing. Examples can include: – Natural regulation: Processes such as pollination, disease and pest regulation, water purification, climate regulation, carbon sequestration and soil stability. – Essential services: Access to food and agriculture, raw materials, medicinal resources, and fresh water. – Cultural connection: The deep connection Indigenous and land-connected Peoples have to, and their vast knowledge of, the land, water and environment, as well as the role nature plays in cultural traditions, identity, and heritage. – Supporting foundations: Nutrient cycling, photosynthesis and soil formation. Understanding these impacts and dependencies, we continue to assess our nature-related risks across our operations and associated activities. 2024 progress We are active members of ICMM and other industry associations and working groups seeking to drive improvements for our industry. Our involvement in the ICMM Taskforce on Nature-related Financial Disclosures (TNFD) Working Group, GRI Biodiversity Technical Committee and the ICMM Nature Working Group have also contributed to the development of important industry resources, including the ICMM’s Nature Position Statement, the GRI Biodiversity Standard, the draft Consolidated Mining Standard, and the TNFD framework. We are stronger together in tackling these challenges. For example, through our ongoing membership of the ICMM Nature Working Group and continued engagement with the Proteus Partnership - a unique partnership agreement between major businesses and the UN Environment Programme World Conservation Monitoring Centre (UNEP WCMC), which aims to make global environmental information available to support better decisions - and our longstanding partnership with BirdLife International. Progress highlights for 2024 include: – Revised biodiversity priority site assessment of our operating asset potential impacts in the areas where we operate by using global datasets of threatened species, key biodiversity areas, and protected areas, developed by the UNEP WCMC. Refer to the 2024 Sustainability Fact Book for the assessment outcomes. – Natural capital assessment pilot for our Gove operations in the Northern Territory, Australia to inform the understanding and development of the natural capital decision- making process to support nature value accretion for all stakeholders through the mine closure process. – Development of a systematic methodology and a consultative approach in understanding biodiversity material exposures and opportunities across our value chain.

| For more informationsee riotinto.com/biodiversity |

| Annual Report on Form 20-F 2024 | 38 | riot