Company: RTNTF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001628280-25-006642
Chunk: 189

Company: RIO TINTO LTD
Filing Date: 2025-02-20
Form: 20-F
Chunk 189
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 natural hazard Producing the materials the world needs means we have an impact on the environment. Our operations and projects require proactive management to minimise potential impact to water resources or biodiversity in new asset developments, existing operations and closures. Our assets, infrastructure, communities and broader value chains are exposed to the impacts of extreme weather events, and climate change is expected to impact the frequency, intensity and likelihood of extreme events across different regions globally.

| l | Impeccable ESG | Change vs 2023: Stable |

Risks (threats) A number of our operations and future development opportunities exist within, or close to, sensitive biodiverse regions. Our licence to operate and develop requires us to demonstrate our capability to protect ecosystems through improved practices and technological solutions. Natural hazards or extreme weather events can endanger our employees and communities, damage our assets or cause significant operational interruption. A direct impact of a Category 5 cyclone could lead to a significant disruption to Pilbara port operations. Longer-dated exposure to chronic changes in climate is less well understood given the inherent uncertainty in future climate projections. Key exposures Our operations in the Pilbara and Saguenay–Lac-Saint-Jean regions, QIT Madagascar Minerals and the Simandou project. Risk oversight: Risk Management Committee, Sustainability Committee

| Annual Report on Form 20-F 2024 | 98 | riotinto.com |

Strategic report | Our approach to risk management

Achieving our decarbonisation targets competitively Ensuring our ability to deliver longer-term strategic objectives encompasses our ability to achieve our Scope 1 and 2 targets between now and 2050, and deliver on our focus area of striving for impeccable ESG credentials, while balancing the need to invest for growth, deliver superior shareholder returns and remain competitive.

| l | Impeccable ESG | Change vs 2023: Stable |

Risks (threats) Delays in priority initiatives will threaten our Scope 1 and 2 target delivery and ability to respond proactively and competitively. A key uncertainty is our ability to successfully engage, and partner where appropriate, with governments and other external parties to progress grid decarbonisation in a timely manner, with large scale grid solutions in Australia planned for final delivery very late this decade already. Furthermore, our 2030 targets remain achievable through a mix of renewable penetration, biodiesel, small process heat modifications and use of offsets. Successful research and development investment in areas such as electric fleets, hydrogen calcination, ELYSIS TM , and BlueSmel