Activist investors tighten screws on Rio Tinto's emissions plan

  • 📰 Reuters
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

Investors in Rio Tinto Ltd have renewed efforts to force the world's bigges...

MELBOURNE - Investors in Rio Tinto Ltd have renewed efforts to force the world’s biggest iron ore miner to commit to targets that would scale back emissions of its customers in line with the Paris Agreement on combating climate change.

Shareholders want Rio Tinto to report annually on short-, medium- and long-term targets for its direct and indirect greenhouse gas emissions, as well as those of its end customers - known as scope 1, 2 and 3 emissions - and performance against those targets. As for customer emissions, Chief Executive Jean-Sebastien Jacques has repeatedly said they are outside Rio’s control.

Steel-making generates 7% to 9% of global emissions, showed data from the World Steel Association, making it among one of the highest emitting industries.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Twitter stock surges as activist investor seeks to oust CEO Jack DorseyActivist investor Elliott Management wants Twitter to have the focus of a full-time CEO. Jack Dorsey splits his time between Twitter and Square. Jack has a team of four year olds monitoring content. Twitter is FAR from Perfect, but does America REALLY want The GOP to be running it, just like Facebook? America is becoming an Authoritarian Country quicker than a lot of people think! Romulans?
Source: latimes - 🏆 11. / 82 Read more »

Elon Musk says he supports Twitter's Jack Dorsey after CEO shake-up threat from activist investor'Just want [to] say that I support Jack as Twitter CEO. He has a good heart,' Musk wrote online yesterday as Twitter employees shared person messages under the hashtag WeBackJack. elonmusk jack E then why does he allow foreign accounts in our media platform used here if we are not allowed to use the platform Jack created in there foreign countries and why cannot he not at least verify the accounts he still has not verified mine with that little ✅blue And the rest of the world wants jack to go away and hopefully he hasn't reproduced.
Source: Newsweek - 🏆 468. / 52 Read more »

BMW, Daimler aim to cut emissions 20% this year with new electric modelsNew electric models will help BMW and Daimler cut emissions from the cars they s... and who will buy those 70 000$ vehicles ? take a look to my profile. and Follow will appreciate your support
Source: Reuters - 🏆 2. / 97 Read more »

Chrissy Teigen Thinks She's ''Screwed'' for Getting Breast ImplantsChrissy Teigen opened up to Glamour UK about getting her boobs done, mental health and feeling comfortable in her skin. Read more below! Well yeah she’s gonna get cancer soon probably So brave of her 🙄 lmao Um, did we ever think they were real? Confused 🤷🏽‍♀️
Source: enews - 🏆 466. / 52 Read more »

Song You Need to Know: Soccer Mommy, 'Royal Screw Up'Sparkling jewel of sadness is one of the immediate highlights from Sophie Allison’s new album sopharela They r correct
Source: RollingStone - 🏆 483. / 51 Read more »

Planned mass women's strike in Mexico like 'Cinderella' dream come true, organizer saysActivist Arussi Unda knew many across Mexico shared her fury over violence again... dont care It’s a women’s “Coruna “ party....
Source: Reuters - 🏆 2. / 97 Read more »