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Sustainable development workshop - Rio Tinto

Sustainable development workshop Joanne Farrell, Matthew Bateson, Laurel Green and Helen Newell Sustainable development workshop London 2016 21 October 2016 Rio Tinto Kennecott inland sea shorebird reserve 2016, Rio Tinto , All Rights Reserved Cautionary statement This presentation has been prepared by Rio Tinto plc and Rio Tinto Limited ( Rio Tinto ). By accessing/attending this presentation you acknowledge that you have read and understood the following statement. In this presentation all figures are US dollars unless stated otherwise. Forward-looking statements This document contains certain forward-looking statements with respect to the financial condition, results of operations and business of the Rio Tinto Group.

Sustainable Development workshop Joanne Farrell, Matthew Bateson, Laurel Green and Helen Newell Sustainable Development workshop London 201621 October 2016

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Transcription of Sustainable development workshop - Rio Tinto

1 Sustainable development workshop Joanne Farrell, Matthew Bateson, Laurel Green and Helen Newell Sustainable development workshop London 2016 21 October 2016 Rio Tinto Kennecott inland sea shorebird reserve 2016, Rio Tinto , All Rights Reserved Cautionary statement This presentation has been prepared by Rio Tinto plc and Rio Tinto Limited ( Rio Tinto ). By accessing/attending this presentation you acknowledge that you have read and understood the following statement. In this presentation all figures are US dollars unless stated otherwise. Forward-looking statements This document contains certain forward-looking statements with respect to the financial condition, results of operations and business of the Rio Tinto Group.

2 These statements are forward-looking statements within the meaning of Section 27A of the US Securities Act of 1933, and Section 21E of the US Securities Exchange Act of 1934. The words intend , aim , project , anticipate , estimate , plan , believes , expects , may , should , will , target , set to or similar expressions, commonly identify such forward-looking statements. Examples of forward-looking statements include those regarding estimated ore reserves, anticipated production or construction dates, costs, outputs and productive lives of assets or similar factors.

3 Forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors set forth in this presentation. For example, future ore reserves will be based in part on market prices that may vary significantly from current levels. These may materially affect the timing and feasibility of particular developments. Other factors include the ability to produce and transport products profitably, demand for our products, changes to the assumptions regarding the recoverable value of our tangible and intangible assets, the effect of foreign currency exchange rates on market prices and operating costs, and activities by governmental authorities, such as changes in taxation or regulation, and political uncertainty.

4 In light of these risks, uncertainties and assumptions, actual results could be materially different from projected future results expressed or implied by these forward-looking statements which speak only as to the date of this presentation. Except as required by applicable regulations or by law, the Rio Tinto Group does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information or future events. The Group cannot guarantee that its forward-looking statements will not differ materially from actual results.

5 Disclaimer Neither this presentation, nor the question and answer session, nor any part thereof, may be recorded, transcribed, distributed, published or reproduced in any form, except as permitted by Rio Tinto . By accessing/ attending this presentation, you agree with the foregoing and, upon request, you will promptly return any records or transcripts at the presentation without retaining any copies. This presentation contains a number of non-IFRS financial measures. Rio Tinto management considers these to be key financial performance indicators of the business and they are defined and/or reconciled in Rio Tinto s annual results press release and/or Annual report.

6 2 2016, Rio Tinto , All Rights Reserved Injury frequency rates Per 200,000 hours worked 3 Safety is fundamental to our business Whilst we have achieved our lowest ever injury rates, we are yet to achieve a fatality-free year We are focused on reducing injury rates and eliminating fatalities Health, Safety & Environment elevated to Executive Committee level in 2016 2016, Rio Tinto , All Rights Reserved 4 Leadership and culture Critical risks and controls Systems and technology Learning and communication Safety our strategy 2016, Rio Tinto , All Rights Reserved Four key focus areas Critical risk management Learning critical lessons from fatal and potential fatal incidents Process safety Contractor safety 5 Safety current priorities Critical risk management Layered system of verifications Front Line workers use critical control checklists before beginning critical work 2016, Rio Tinto , All Rights Reserved 6 Process Safety Three facets.

7 Process safety governance structures improved understanding of process safety hazards process safety standard with common set of requirements for managing technical complexities of process safety risk 2016, Rio Tinto , All Rights Reserved 7 The way we work The way we work symbolises what we stand for as a business It makes clear how we behave according to our values of respect, integrity, teamwork and accountability 2016, Rio Tinto , All Rights Reserved Material risk management and health critical control monitoring plans Mental health Vector borne and infectious diseases Improving health reporting Health risk advisory panel R ssing epidemiological study Learning and communication 8 Health current priorities Dampier Salt R U OK?

8 Day Mosquito 2016, Rio Tinto , All Rights Reserved Accreditation, membership and reporting Rio Tinto is assessed and included in a number of sustainability leadership indices: Dow Jones Sustainability Index FTSE4 Good Index ACSI Leading We are a member of leading sustainability associations, including: ICMM International Emissions Trading Association We have helped shape and participate in voluntary supply chain and transparency initiatives: Responsible Jewellery Council Aluminium Stewardship initiative Extractive Industries Transparency Initiative We participate in or are accredited under a number of voluntary schemes, including.

9 ISO 14001 and OHSAS 18001 Global Reporting Initiative 9 Rio Tinto supports and is a member of the following organisations 2016, Rio Tinto , All Rights Reserved 10 Environment strategy Maintain compliance at the right cost Look forward and prepare the business Minimise our liabilities Hazard identification and risk analysis Environment controls Incident identification, reporting, investigation Long-term focus of engagement with regulators and communities Horizon scanning Risk-focused external advocacy Stakeholder engagement HSEC in Design Innovation Design for closure Progressive rehabilitation Contaminated sites management Biodiversity mitigation hierarchy 2016, Rio Tinto , All Rights Reserved 11 Environment biodiversity.

10 Our journey 2009 Rio Tinto goal of NPI for all very high & high biodiversity value sites by 2015 2014 Rio Tinto biodiversity management workshop 2016 Redefining biodiversity management 2012 Internal target to have: biodiversity action plans in place and in progress by 2015 2005 Land stewardship standard 2007 IUCN assists Rio Tinto to conduct group-wide biodiversity values assessment 2015 Release of new land disturbance & rehab control standard 2004 Rio Tinto announces biodiversity strategy and goal of NPI 2016, Rio Tinto , All Rights Reserved 12 Biodiversity.


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