Rio Tinto Group 2024 AR2
The report outlines the company's financial and sustainability performance for 2024, highlighting a 14% reduction in gross Scope 1 and 2 emissions compared to the 2018 baseline, primarily driven by new renewable energy contracts. The company achieved first lithium production at its Rincon starter plant in Argentina and progressed the Simandou iron ore project in Guinea toward first production in 2025. Financially, the company reported underlying EBITDA of $23.3 billion and net cash generated from operating activities of $15.6 billion. However, the company experienced five tragic fatalities at its managed operations, prompting a renewed focus on safety maturity and critical risk management.
Company: Rio Tinto Group
Sector: Materials
Country: United Kingdom
Year: 2024
Type: AR2
Pages: 336
Rio Tinto Group
Annual Report
The report outlines the company's financial and sustainability performance for 2024, highlighting a 14% reduction in gross Scope 1 and 2 emissions compared to the 2018 baseline, primarily driven by new renewable energy contracts. The company achieved first lithium production at its Rincon starter plant in Argentina and progressed the Simandou iron ore project in Guinea toward first production in 2025. Financially, the company reported underlying EBITDA of $23.3 billion and net cash generated from operating activities of $15.6 billion. However, the company experienced five tragic fatalities at its managed operations, prompting a renewed focus on safety maturity and critical risk management.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
No data available