Rio Tinto refuses climate targets

Rio Tinto has rejected the idea of setting emission reduction targets for its customers, citing the lack of real control that the company can have over its clients, especially when considering Scope 3 emissions that are indirect.

Rio Tinto has publicly acknowledged the reality of climate change, supported the outcomes of the Paris Agreement and this year published its first climate change report informed by the recommendations from the Task Force on Climate-related Financial Disclosures (TCFD).

Rio Tinto is world’s second-biggest producer of iron ore, and has provided concepts for the reduction of Scope 3 emissions, and has set a target for major decarbonisation by 2050, but the lack of action on Scope 3 emissions underlines the difficulties in tackling climate issues throughout the entire chain, from supply to end use.

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