Rio Tinto Plc · LSE:RIO
Rio Tinto — MCA Sustainable Development Conference (November 2005)
13 slides from Rio Tinto's conference presentation, Nov 3, 2005
Slide 1: A global approach to local development: Rio Tinto's sustainable development programme
Preston Chiaro Rio Tinto A global approach to local development: Rio Tinto’s sustainable development programme
Slide 2: Rio Tinto – a world leader in mining
Rio Tinto – a world leader in mining Iron Energy Industrial Minerals Aluminium Copper Diamonds Technology Exploration
Slide 3: Rio Tinto – worldwide operations 2004
Rio Tinto – worldwide operations 2004 Canada 13% United States Europe 2% 16% 2% Indonesia Africa 3% S America 4% Australia 60% Data under UKGAAP Operating Assets = $17bn
Slide 4: Rio Tinto - consistently strong earnings
Rio Tinto - consistently strong earnings Underlying earnings* Earnings - by commodity (2004) US$ millions Other 1% Diamonds 7% 2400 2,272 2,087 Industrial Minerals 10% 2000 Copper & Gold 1,662 33% 1600 1,507 1,530 1,382 1,282 1,220 Coal 1200 1,070 1,103 16% 800 400 Aluminium 0 12% Iron Ore 96 97 98
Slide 5: Rio Tinto – a history in sustainable development
Rio Tinto – a history in sustainable development ANALYTICAL PROCESS MMSD 5 focus areas ¾ People RIO TINTO INTERNAL TRACK ¾ Value Chains Borax pilot study ¾ Environmental & INDUSTRY ENGAGEMENT WSSD Resources Stewardship ¾ Communities INDUSTRY ASSOCIATION ICMM ¾ Management MANAGEMENT Processes & GMI S
Slide 6: Sustainable development leadership panel
Sustainable development leadership panel > Founded in 2004 > Support SD integration into “the way we do our daily business” > Development of common tools and systems to leverage businesses’ experience > Model behaviours and systems that demonstrate good sustainable development leadership > Provide g
Slide 7: Sustainable development leadership panel – current projects
Sustainable development leadership panel – current projects > SD decision making criteria > Internal communication of SD (Intranet, forum, newsletter, etc.) > Training & Awareness > Guidelines for JVs and non- managed operations > Joint SD project with Caterpillar
Slide 8: Rio Tinto and Earthwatch
Rio Tinto and Earthwatch > Getting to know each other phase > Centralised fellowship programme > Support for existing Earthwatch projects
Slide 9: New look Earthwatch partnership
New look Earthwatch partnership > Focused on our business needs > Support for our biodiversity strategy implementation > Informing SD & environment policy > BU fellowship programmes > Building community relations > Conservation research capacity > Developing our people Bespoke fellowship for Avitour
Slide 10: Self-reliance for local communities at Palabora
Self-reliance for local communities at Palabora > Phalaborwa Business Linkage Centre > Promote Black Economic Empowerment (BEE) > Database of local BEE entrepreneurs > Education resource centres > BEE firms have been able to service remote areas, foster new partnerships and to successfully compete w
Slide 11: Building sustainable development into a project
Building sustainable development into a project > Comalco Alumina Refinery, Gladstone, Qld. > Native grass trees: Setting the culture > SD as planning guideline • Digester design > Community survey • Employment diversity programme
Slide 12: Implementing sustainable closure at Kelian
Implementing sustainable closure at Kelian > Mine Closure Steering Committee – Development of closure plan > Mine Closure account – Funding long term measures and activities – Community advisory group > Environmental standards
Slide 13: Where to now?
Where to now? Rio Tinto believes that SD thinking makes good business sense. We will continue to push the envelope to ensure that SD thinking is and remains a core component of our long-term business strategy.
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