Rio Tinto

Diversified Metals & Mining
RIO
$ 52 (5.8)%
Share price
$ 88 bn
Market Cap
$ 90 bn
Enterprise Value

Carbon footprint

346 Ton
GHG emissions per $ 1 mln investment
8.6x the weighted average for S&P 500
FY2021
How is this calculated?
-1.3%
YOY change in GHG emissions
Weaker than the +4.9% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-1.8%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -6.6% weighted average for S&P 500
FY2022
How is this calculated?

Rio Tinto aims to reduce Scope 1 + 2 by 15% by 2025 from a base year 2018


This target has not been verified as science based according to SBTi
Rio Tinto's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

Secondary Climate Goal

-3.4%
Proj. YOY change in GHG emissions (all Scopes)
Weaker than the -7.1% weighted average for S&P 500
FY2022
How is this calculated?

Rio Tinto aims to achieve net zero for all Scopes by 2050


This target has not been verified as science based according to SBTi
Rio Tinto's actual and proj. GHG emissions (all Scopes) (Kt of CO2e)

GHG emissions and Carbon intensity

Rio Tinto's GHG emissions (location-based) (Kt of CO2e)
Rio Tinto's Carbon intensity (Tons per 1 USDm)

Rio Tinto's carbon footprint

Rio Tinto reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 31,100 Kt (-400 /-1.3% y-o-y). Also positively, carbon intensity tumbled to 490 t (-216 /-30.6% y-o-y).

Rio Tinto's Scope 3 emissions decreased to 553,500 Kt (-16,500 /-2.9% y-o-y). The parameter has been fairly volatile.

The company is committed to reducing Scope 1 + 2 by 15% by 2025 from a base year 2018, which translates into the estimated reduction of -550 Kt per annum over the period of FY2022 - FY2025. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Also, the company commits to achieving net zero for all Scopes by 2050, which translates into the estimated reduction of -20,159 Kt per annum over the period of FY2022 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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