Business
Rio ‘doubles down’ on growth after cash splash – The Australian Financial Review
Rio’s $US9 billion dividend will hog the limelight but new chief executive Jakob Stausholm also has an ambitious growth agenda.
Theres a new level of commitment on climate change, with Stausholm setting goals for Rio to reduce scope 3 emissions those created by users of its commodities including by finding ways to cut the carbon intensity of steel making by at least 30 per cent from 2030.
And then theres a new strategy built around four planks.
First, restoring Rios reputation as the best operator in the global mining sector. Second, ensuring its environmental, social and corporate governance record is impeccable. Third,…
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