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An Australian shareholder advocacy group said it would no longer engage with Rio Tinto after the miner lobbied the Australian government to remove a reference to climate change impacts in impending environmental legislation.
The letter, which became public after a Freedom of Information request by Greenpeace, contained an appeal to remove climate change requirements such as carbon emissions as a trigger for assessment. The names of other companies were redacted. A letter sent by industry parties to Australia’s Prime Minister contained an appeal to remove climate change requirements such as carbon emissions as a trigger for assessment
Engagement with Rio Tinto would only be possible again once the company clearly and formally updated its advocacy position on the environmental reforms, ACCR added.
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