Finding better ways to provide the materials the world needs
Our business
We operate in 35 countries where our 57,000 employees are working to find better ways to provide the materials the world needs
Our purpose in action
Continuous improvement and innovation are part of our DNA
Innovation
The need for innovation is greater than ever
We supply the metals and minerals used to help the world grow and decarbonise
Iron Ore
The primary raw material used to make steel, which is strong, long-lasting and cost-efficient
Lithium
The lightest of all metals, it is a key element needed for low-carbon technologies
Copper
Tough but malleable, corrosion-resistant and recyclable, and an excellent conductor of heat and transmitter of electricity
Bringing to market materials critical to urbanisation and the transition to a low-carbon economy
Oyu Tolgoi
One of the most modern, safe and sustainable operations in the world
Rincon Project
A long-life, low-cost and low-carbon lithium source
Simandou Project
The world’s largest untapped high-grade iron ore deposit
Providing materials the world needs in a responsible way
Climate Change
We’re targeting net zero emissions by 2050
Nature solutions
Our nature-based solutions projects complement the work we're doing to reduce our Scope 1 and 2 emissions
Decarbonisation progress update
We have a clear plan on decarbonisation - find out more about our progress in 2024
We aim to deliver superior returns to our shareholders while safeguarding the environment and meeting our obligations to wider society
Investor seminars
Our Investor seminar will be held in London on 4 December, and our Decarbonisation update on 5 December
Get the latest news, stories and updates
Things you can't live without
Our podcast discussing what needs to happen to create a sustainable future for the everyday items we have come to rely on
The 'f' word of innovation
How unlocking innovation requires a change of mindset
Reducing titanium oxide's carbon footprint
Our BlueSmelting technology could drastically reduce carbon emissions during ore processing
Discover more about life at Rio Tinto
Graduates and students
If you want to drive real change, we have just the place to do it
Empowering families with flexibility
Supporting new parents of any gender with equal access to parental leave
Available jobs
Join our team
ÌÇÐÄvlogÈë¿Úplc and ÌÇÐÄvlogÈë¿ÚLimited have a common Board of directors. The principal role of the Board is to provide leadership within a framework of prudent and effective controls that enables risk to be assessed and managed.
Our directors are also collectively responsible for the stewardship and long-term success of the Group. Through the independent oversight of management, they are accountable to shareholders for the performance of the business. In performing this duty, the Board recognises its wider responsibility to the interests of employees, customers, suppliers and other stakeholders as well as communities and the environment. The Board also recognises the desirability of maintaining a reputation for high standards of business conduct.
Rio Tinto’s sets out the role, responsibilities, structure, composition and conduct of the ÌÇÐÄvlogÈë¿Úboard.
A formal reserved by the board has been established by the directors.
This covers areas such as:
Responsibility for day-to-day management of the business is delegated to the Chief Executive and through him to other members of the Executive Committee under a Group delegation of authority framework. A number of management committees support the Chief Executive in the performance of his duties.
Our Board comprises directors drawn from a wide range of professional backgrounds and geographic areas. On behalf of the Board, the Chair leads the development of the Group's diversity and inclusion strategy. The Board supports the principle of diversity and inclusion and the implementation of this strategy. The Board seeks to continually evolve its membership by seeking Non-Executive Directors with diverse and complementary skills and perspectives as well as experience which reflects the geographical spread of the Group's operations. The Board regularly reviews its corporate governance practices, including how the director selection and appointment process takes into account the Board's desired mix of skills and diversity.
The Nominations Committee, headed by the Chair, reviews succession plans aimed at maintaining a mix of skills, knowledge, experience and diversity on the Board and the Executive Committee.
This review takes into account the challenges and opportunities facing the Group, and includes evaluating the balance of skills, knowledge, experience and diversity currently on the Board and Executive Committee. This evaluation helps to identify the necessary and desired profile of potential candidates.
The Nominations Committee also oversees the recruitment process, ensuring it is formal and rigorous. This includes constructing shortlists, comprising candidates from diverse backgrounds and conducting appropriate background and reference checks. The Committee engages external recruitment consultants to conduct searches and executive evaluations. Following a final review of short-listed candidates, the Committee makes recommendations to the Board.
Any director appointed by the Board holds office only until the next annual general meeting and shall be eligible for election by shareholders. All directors are expected to submit themselves for re-election at the annual general meetings each year.
Non-Executive Directors are generally expected to serve on the Board for at least 6 years and would not serve more than 9 years, but may seek re-appointment with shareholder approval after 9 years provided the Nominations Committee concludes they remain independent in accordance with the requirements set out below.
ÌÇÐÄvlogÈë¿Úhas a Group-wide policy, which the Board fully endorses, on inclusion and diversity, including during recruitment. The same recruitment principles are applied in relation to board-level positions, whether executive or non-executive.
The Board sets pre-defined and objective criteria for candidate selection at the outset of all recruitment exercises, and values diversity in its broadest sense when considering appointments, seeking to identify and secure the best candidate available in the market against those criteria. Further information on our Inclusion and diversity policy, together with data on the proportion of women employees and Board members as at 31 December 2023 is set out in our 2023 Annual Report.
It is important for each Non-Executive Director to bring an independent perspective to the Board's deliberations. On behalf of the Board, the Nominations Committee assesses the independence of each Non-Executive Director against an independence framework combining the requirements of the Code, the ASX Principles and NYSE Standards.
The Board is satisfied that all of its Non-Executive Directors are independent in character and judgment and are free from any relationships (material or otherwise) or circumstances that could create a conflict of interest.
A formal and rigorous annual review of the performance of the Board, its committees, the Chair and individual directors is undertaken, with the results used to drive continual development of individual directors and improvement in effectiveness. The evaluation considers (but is not limited to): the balance of Board members’ skills and experience; independence; diversity; the running of the Board; and directors’ knowledge of the company. Every third year, the Board evaluation is externally facilitated.
The results of the Board and committee evaluations are discussed by the Board and each respective committee and action points are agreed. The Non-Executive Directors, led by the Senior Independent Director, are responsible for the performance evaluation of the chair. The Chair is responsible for evaluating the performance of Non-Executive Directors.
In 2023, the Board appointed No 4 to conduct our external evaluation. No 4 is an independent business advisory company which does not have any other connection with Rio Tinto. Further information about the Board evaluation is available in the 2023 Annual Report.
The performance of Executive Committee members, including Executive Directors, is continually evaluated as part of the Group's performance evaluation cycle.
Further information on the annual performance evaluation can be found in the 2023 Annual Report.
Our policy states that the Chair should be remunerated on a competitive basis and at a level which reflects his or her contribution to the Group, as assessed by the Board. The People & Remuneration Committee determines the terms of service, including remuneration. The Chair has no part in the setting of his or her fees and is not present at any discussion with the Committee regarding remuneration.
The Chair receives a fixed annual fee and does not receive any additional fee or allowance for either committee membership or Chairship, or for travel. More details about the Chair’s remuneration can be found in the 2023 Annual Report section entitled Remuneration Report.
Fees paid to Non-Executive Directors reflect their respective duties and responsibilities and the time required to be spent by them so as to make a meaningful and effective contribution to our business.
Non-Executive Directors' fees and other terms are set by the Board upon the recommendation of the Chair’s Committee. Non-Executive Directors receive a fixed annual fee. This comprises a base fee, committee membership or committee Chairship fees, as applicable, and allowances for attending meetings which involve medium or long-distance air travel.
The fees payable to Non-Executive Directors are subject to review by the Board on the recommendation of the Chair's Committee.
More details about the Non-Executive Directors' remuneration can be found in the 2023 Annual Report in the section entitled Remuneration Report.
We recognise the importance of aligning our executives' interests with those of our shareholders. Our Executive Committee is therefore expected to reach a share ownership in ÌÇÐÄvlogÈë¿Úshares, which is set as a fixed number of shares. The Chief Executive is expected to reach a share ownership equivalent in value to 5 times his base salary over 5 years. The Chief Financial officer and all other members of the Executive Committee are expected to reach a share ownership equivalent in value to 3 times their base salary over 5 years.
Further details about our share ownership policy for executives is available in the 2023 Annual Report section entitled Remuneration Report.
The Board recommends that Non-Executive Directors be encouraged to build up a shareholding within 3 years of their appointment equal in value to one year's base fee.
Further details about the Non-Executive Directors' share ownership levels may be found in the 2023 Annual Report in the section entitled Remuneration Report.
How we process personal data provided or obtained through this website.
With the exception of the use of cookies, ÌÇÐÄvlogÈë¿Úgenerally does not seek to collect personal data through this website. However if you choose to provide personal data to ÌÇÐÄvlogÈë¿Úthrough this website (for example, by sending us an email), we will process that personal data to answer your query and if relevant, to manage our business relationship with you or your company. We won't process that personal data for other purposes except where required to meet our legal obligations or otherwise as authorised by law and notified to you.
If you choose to subscribe to our media releases or other communications, you can unsubscribe at any time (by following the instructions in the email or by contacting us).
With your consent, our website uses cookies to distinguish you from other users of our website. This helps us to provide you with a good experience when you browse our website and also allows us to improve our site. A cookie is a small file of letters and numbers that we store on your browser or the hard drive of your computer if you agree. Cookies contain information that is transferred to your computer's hard drive.
As some data privacy laws regulate IP addresses and other information collected through the use of cookies as personal data, Rio Tinto’s processing of such personal data needs to comply with its Data Privacy Standard (see Part 1 of our Privacy Policy), and also applicable data privacy laws.
With the exception of the use of cookies (explained below), ÌÇÐÄvlogÈë¿Úgenerally does not seek to collect personal data through this website. However if you choose to provide personal data to ÌÇÐÄvlogÈë¿Úthrough this website (for example, by sending us an email), we will process that personal data to answer your query and if relevant, to manage our business relationship with you or your company. We won't process that personal data for other purposes except where required to meet our legal obligations or otherwise as authorised by law and notified to you.
Part 1 of this Privacy Policy contains the ÌÇÐÄvlogÈë¿ÚData Privacy Standard, which provides an overview of Rio Tinto’s approach to personal data processing. There is additional information in the appendices to the Data Privacy Standard, including information about disclosures, trans-border data transfers, the exercise of data subject rights and how to make complaints or obtain further information relating to Rio Tinto’s processing of your personal data.
If you choose to subscribe to our media releases or other communications, you can unsubscribe at any time (by following the instructions in the email or by contacting us at digital.comms@riotinto.com).
With your consent, our website uses cookies to distinguish you from other users of our website. This helps us to provide you with a good experience when you browse our website and also allows us to improve our site.
A cookie is a small file of letters and numbers that we store on your browser or the hard drive of your computer if you agree. Cookies contain information that is transferred to your computer's hard drive.
As some data privacy laws regulate IP addresses and other information collected through the use of cookies as personal data, Rio Tinto’s processing of such personal data needs to comply with its Data Privacy Standard (see Part 1 of this Privacy Policy), and also applicable data privacy laws.
These Cookies are used to provide a better user experience on the site, such as by measuring interactions with particular content or remembering your settings such as language or video playback preferences.
These Cookies allow us to analyse site usage in order to evaluate and improve its performance. They help us know how often you come to our site and when, how long you stay and any performance issues you experience whilst you are on our site.
These Cookies are used by advertising companies to inform and serve personalised ads to your devices based on your interests. These Cookies also facilitate sharing information with social networks or recording your interactions with particular ads.