Company: RTNTF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001628280-25-006642
Chunk: 96

Company: RIO TINTO LTD
Filing Date: 2025-02-20
Form: 20-F
Chunk 96
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 of a range of factors , including engineering and construction challenges, pace of development of new technology and energy systems in the locations in which we operate, and the need to carefully balance our ambitions with the needs of our local communities and stakeholder groups. In response to this, we continue to work with our partners, governments and others to progress abatement opportunities, and, in parallel, we are adopting commercial solutions, such as PPAs and biofuels, that can deliver emissions reductions faster. We anticipate abatement from these to rise between 2025 and 2030. Our roadmap to 2030 Between now and 2030, the most significant opportunities to reduce our Scope 1 and 2 emissions are to switch the electricity we generate or purchase to renewables, and to address process heat emissions from our alumina refineries. We have a pipeline of projects and committed investments that support our 2030 target of a 50% reduction in emissions. To reach our 2030 target, our single largest lever – accounting for around one- quarter of our emissions – is at the Boyne and Tomago aluminium smelters in our Pacific Aluminium Operations. We must also make progress with other key projects in our pipeline related to renewable electricity contracts (for example Richards Bay Minerals PPAs) and alumina processing heat reductions (for example QAL double digestion), to meet our 2030 target. Production growth and growth from new projects also need to be accommodated within our absolute emissions reduction target. Collectively, this represents around 4.6Mt CO 2 e to our baseline to 2030. In addition, we now expect to use high-quality carbon credits from nature-based solutions towards our Scope 1 and 2 net emissions target to 2030. These will be limited to up to 10% of our 2018 baseline emissions and are expected to be predominantly carbon credits (ACCUs) used by our Australian operations for compliance with the Safeguard Mechanism. Our emissions reporting will continue to transparently distinguish between our gross operational emissions and net emissions for the Group, as well as meeting transparency standards regarding the volume and type of carbon credits retired. Pathway to 2030 target (Mt CO 2 e equity basis)

| l | Pacific OperationsRepowering | l | RenewableEnergy | l | DieselTransition | l | MineralsProcessing | l | AluminaProcessing | l | AluminumAnodes | l | Nature-basedsolutions |

1. 2022-2024 commitments exclude 1Mt abatement for projects