The Rio Tinto Sustainable Development Review20/03/2006
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For the sixth year in a row, significant improvements in safety performance are picked out in Rio Tinto's newly released Sustainable Development Review http://www.riotinto.com/library/reports/
The review is designed to reflect the importance of integrating social, environmental and economic performance into Rio Tinto's management approach to the business. For the first time, Rio Tinto reported in accordance with the 2002 Global Reporting Initiative indicators and the additional Mining and Metal Sector Supplement indicators.
The review shows a 14 per cent improvement in lost time incidents in 2005 compared with the previous year. Occupational health and environmental targets raised the profiles of noise reduction, occupational illness, greenhouse gas emissions, energy and freshwater use throughout the business - all detailed.
Rio Tinto directly invested an estimated US$93.4million (euros 77m, £53m) in communities related to its business last year. Improvements in social performance include development of community consultation and engagement plans, and support of partnership foundations to advance sustainable livelihoods, and health and education services, including among indigenous populations.
Greenhouse gas efficiency improved by 0.9 per cent since 2003 (the target trajectory was for a two per cent improvement by 2005.) In addition, 90 per cent of businesses have fully implemented environment standards.
The review, verified by consulting firm Environmental Resources Management, also includes Rio Tinto's response to last year's external assurance and verification recommendations, including the business' response to climate change.
The web based report is available online as a pdf at http://www.riotinto.com/library/reports/
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