Company: RTNTF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001628280-25-006642
Chunk: 16

Company: RIO TINTO LTD
Filing Date: 2025-02-20
Form: 20-F
Chunk 16
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 ore; conditions of land tenure; health, safety and environment; taxation; intellectual property; competition and foreign investment; data privacy; conditions of trade and export; and infrastructure access. Investors $6.5 bn Total dividends declared to shareholders (2023: $7.1 bn) Our investors include pension funds, global fund managers, bondholders, and tens of thousands of individuals around the world, including approximately 36,000 Rio Tinto employees. It is important that we understand our investors’ needs and their vision for the company. We therefore communicate and engage extensively with them throughout the year, both in person and through virtual forums across multiple jurisdictions. In addition to our annual general meetings in the UK and Australia, we also held our 2024 Investor Seminar in London, where our Executive Committee provided an update on our progress against our strategy and how we are advancing our decarbonisation program. Customers 1,730 Customers across multiple industries and countries (2023: 1,770 2 ) Our customers’ needs are central to our operational decision making. We leverage insights generated from everything we buy, sell and move around the world. We collaborate closely with customers to ensure we deliver products that meet their specific requirements and help accelerate their decarbonisation goals. Where possible, we partner to co-develop solutions that support our ESG commitments. To address customer needs for supply chain traceability, we have expanded the scope of our START™ sustainability label to cover copper cathodes, metal powders and salt. Similar to our aluminium products, we are now providing ESG metrics associated with sourcing and producing these materials from mine to market. Suppliers $31bn Spent with suppliers globally in 2024 (2023: $29bn 3 ) By improving how, and what, we buy we are able to support our assets to become Best Operator. This means reducing costs and improving transactional efficiency while improving the quality of what we purchase. As part of this approach, we partner with local and Indigenous businesses where possible. This supports our efforts to have a positive impact where we operate, so that we help to create stronger communities that support our operations, while giving them the opportunity to share in our success. Working in partnership with our suppliers helps us to advance our day-to-day operations to ensure we are delivering solutions that best support our product groups. These strong relationships will also allow us to decarbonise our business faster. We work hard to build trusted relationships with our suppliers that align with our values and strategic objectives. 1. Includes our total workforce