Company: RTNTF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001628280-25-006642
Chunk: 219

Company: RIO TINTO LTD
Filing Date: 2025-02-20
Form: 20-F
Chunk 219
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’s aviation activities and standards, and a benchmarking of the Group’s aviation practices against industry best practi ce. In addition to reviewing the lessons learned from these fatalities, the Committee continues to review potential fatal incidents (PFIs) with business leaders to share important lessons from these events across the Group. In 2024, the Committee undertook closer analysis of PFIs involving an exchange of energy, with major contributors to these incidents including falling objects, vehicles and driving, and contact with electricity. Critical risk management also continues to be a key fatality elimination tool, helping to ensure critical controls are in place and operating effectively where there is a critical risk of fatality. And the Committee continues to review the progress through our safety maturity model, which is a key tool for supporting and enhancing our safety culture. In 2024, the Committee strengthened its focus by dedicating a meeting to each of the 3 key themes in its scope: health and safety (including fatality prevention); environment (including closure); and social performance (including human rights and Indigenous Peoples). A fourth meeting received presentations from each of the product group Chief Executives, our Chief Commercial Officer, and our Chief Technical Officer on the key sustainability and operational risks, opportunities, trends and controls for each product group, and for Rio Tinto Marine, Exploration and Projects, including the Simandou project. We continued to oversee our progress towards implementation of the Global Industry Standard on Tailings Management (GISTM), and to directly engage with executives who have accountability for the safety of tailings facilities across the Group. We have received progress updates from management on the pathway to full conformance with GISTM. The Committee reviewed the progress of Rio Tinto’s program for managing its physical resilience to climate change, and for the Group’s compliance with the disclosure requirements set out by the Task Force on Climate-Related Financial Disclosure (TCFD). At each meeting, the Group’s Internal Audit (GIA) function reports to the Committee on matters within the Committee’s scope. In addition, in February 2024 the Group’s auditors, KPMG, reported to the Committee on their assurance procedures over our 2023 sustainable development reporting. Other key areas of focus for the Committee in 2024 included: – Health and safety performance: Receiving regular updates on health and safety performance. – Environment and nature: Receiving a report on the Group’s environmental performance and endorsement of our approach to our nature strategy, as well as undertaking a deep dive on the Group’s physical resilience to