Company: RTNTF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001628280-25-006642
Chunk: 139

Company: RIO TINTO LTD
Filing Date: 2025-02-20
Form: 20-F
Chunk 139
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 are listed below: – 2. Preparing our Iron Ore business to meet the demand for low-carbon steel. – 4. Minimising our impact on the environments we work in and building resilience to changes in those environments, including climate change and natural hazards. – 7. Delivering on our growth projects. – 8. Achieving our decarbonisation targets competitively. – 10. Conduct our business with integrity, complying with all laws, regulations and obligations. See pages 91-98 w here we have described the risk or opportunity, the key regions impacted, our risk management responses, and the relevant groups with oversight of each process. These risks or opportunities, if material, are linked to one of the above Group m aterial risks and reviewed on a quarterly basis by the Risk Area of Expertise and the Risk Management Committee (RMC). All employees are empowered to own and manage the risks that arise within their area of responsibility. Our Centres of Excellence, comprising our 2nd line of defence, provide deep subject matter expertise, for example steel decarbonisation. Our Internal Audit function provides independent assurance. Where required by law, or where deemed appropriate, we also engage third parties to provide independent assurance. Where risks are material to the Group, they are escalated to the RMC and, as appropriate, to the Board or its committees.

| For more informationsee pages 88-98 onour approach to risk. |

Climate-related metrics and data We have established key metrics to help us track our progress against our decarbonisation targets, ensuring we are advancing towards a sustainable and low-carbon future. Our metrics help us manage and monitor our climate risks and opportunities including metrics for transition-related opportunities (the increased demand for transition materials) provided on page 46 (transition materials metrics), and physical risks metrics including the financial exposure metric and annualised damage metric detailed on pages 68 - 69 . We have also disclosed other ESG-related KPIs, metrics and targets that integrate with our objective of striving for impeccable ESG credentials within the respective Environment, Social, and Governance sections of this Form 20-F. A summary of these metrics is found on page 34 with other Group KPIs on pages 12 - 14 . Scope 1 and 2 emissions: Our operational emissions targets are ambitious - to reduce emissions by 50% by 2030 relative to 2018 levels, reaching net zero by 2050. Our targets cover more than 95% of our reported