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UniSuper says Rio penalties insufficient – The Australian Financial Review
Rio Tinto’s decision to impose financial penalties on executives linked to the destruction of Juukan Gorge has underwhelmed some institutional investors.
“We are also pleased that Rio has identified a number of priorities for change including more robust heritage risk assessment and management, and enhanced governance and accountability to ensure such incidents will not reoccur.
”Nevertheless we believe the decision, as a result of the investigation, to impose financial penalties for three senior executives is insufficient and does not demonstrate adequate accountability for the failures arising over this incident.”
UniSuper declined to clari…
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