Modernising Agreements and Transition to Renewables
Raising our decarbonisation target from 15% to 50%
by 2030
Our Scope 1 & 2 emissions (Mt CO2e equity basis)
35
30
30
25
32.6
25
20
20
15
10
5
-50%
16.3
0
2018*
Business-
as-usual
Pilbara
renewables
Pacific Aluminium
Operations
repowering
MACC**
projects
Other***
2030
*2018 Scope 1 & 2 emissions baseline has been adjusted for divestments. | **Marginal abatement cost curve, see slide 28 | ***Conceptual view of capital
requirements at October 2021. MAC curves will be updated on an annual basis | ****Includes energy efficiencies, ELYSISTM and carbon offsets
Rio Tinto ©2021, Rio Tinto, All Rights Reserved
Accelerate delivery of existing
15% emissions reduction target
to 2025
2030 target from 15% to 50%
reduction
Increase decarbonisation
investment of our own assets
to $1.5bn over next three
years and total investment of
~$7.5bn from 2022 to 2030***
Incentivise MACC projects with
internal carbon price of $75/t
CO2 initially
25View entire presentation