Rio Tinto has exited from Queensland Resources Council after raising concerns that its policy on expansion of coal mines did not align with the Paris Climate Agreement, Rio Tinto's Australia CEO Kellie Parker said "After careful consideration, Rio Tinto will not renew its membership with the Queensland Resources Council for the 2022-2023 financial year.”Investor advisory firm Australasian Centre for Corporate Responsibility had filed in February a shareholder resolution to Rio Tinto to suspend its membership with the resource council.ACCR said the other members that claim to be supportive of the Paris Agreement including Anglo American, BHP, Origin Energy and South32 must follow Rio Tinto and exit the QRC.
Rio Tinto has exited from Queensland Resources Council after raising concerns that its policy on expansion of coal mines did not align with the Paris Climate Agreement, Rio Tinto's Australia CEO Kellie Parker said "After careful consideration, Rio Tinto will not renew its membership with the Queensland Resources Council for the 2022-2023 financial year.”Investor advisory firm Australasian Centre for Corporate Responsibility had filed in February a shareholder resolution to Rio Tinto to suspend its membership with the resource council.ACCR said the other members that claim to be supportive of the Paris Agreement including Anglo American, BHP, Origin Energy and South32 must follow Rio Tinto and exit the QRC.
