Rio Tinto, a major mining company, is facing scrutiny and potential legal and financial repercussions due to environmental concerns linked to its operations. The company's Madagascar mine has been accused of causing pollution and harming the local community, with a lawsuit over these pollution claims being considered. Additionally, Rio Tinto's operations in Brazil have attracted attention from the ethics adviser to Norway's $1.5 trillion sovereign wealth fund, Norges, which is a major shareholder. The adviser is contemplating recommending the exclusion of Rio Tinto from the fund's investments due to alleged deforestation links. This situation highlights the growing scrutiny on mining companies regarding their environmental and social governance (ESG) practices.
As Rio Tinto strives for 'impeccable ESG', investors raise water issues https://t.co/wWjKbbTbph https://t.co/CZCjtOECwB
Cobalt mining exploited by big companies triggers health issues for locals https://t.co/vd9c5YlBfe
Rio Tinto’s Madagascar mine may face lawsuit over pollution claims https://t.co/RMP4BZewTB
The ethics adviser to Norway’s $1.5 trillion sovereign wealth fund has raised concerns with Rio Tinto Group about the environmental impact of a mine in Brazil https://t.co/HDQRjoSjBq
Rio Tinto Faces Possible Norway Fund Divestment Over Alleged Deforestation Links - WSJ https://t.co/Cmx5eTf2Xu
$RIO Ethics Adviser to Norway's Sovereign-Wealth Fund Considering Recommending Rio Tinto Exclusion -- WSJ Ethics Adviser Is Scrutinizing Rio Tinto Link to Alleged Deforestation In Brazil -- WSJ Norges Is Major Rio Tinto Shareholder -- WSJ
Rio Tinto’s Madagascar Mine Promised Prosperity. It Tainted a Community. Great piece by @NehaWadekar https://t.co/Jz3ha3uRpR
Rio Tinto’s Madagascar mine promised prosperity. It tainted a community. https://t.co/e3pzUXBVtJ by @NehaWadekar https://t.co/e3pzUXBVtJ
Indonesia nickel concerns stoked by corruption and land disputes https://t.co/OyyKp9CrY0
Illegal gold mining has ravaged the Peruvian Amazon, leaving behind pollution and denuded landscapes. A group of miners are working with a U.S. charity to restore the forest. #ClimateAction https://t.co/kYYjUhQtNG