Rio Tinto backs activist resolution to set emissions targets consistent with Paris agreement
Miner’s board also says it supports suspending membership of industry associations that lobby against climate action
The board of Rio Tinto has backed a shareholders push that would require the company to set emissions targets consistent with the Paris agreement and suspend membership of industry associations that lobby against action on the climate crisis.
In a statement to the ASX on Friday afternoon, the mining company recommended shareholders endorse two resolutions brought by activist groups, the Australasian Centre for Corporate Responsibility (ACCR) and Market Forces, ahead of Rio’s annual general meeting in May.
