Asia Pacific > Australian Market Roundup: Mining giant loses climate advisor over “hypocrisy”

Australian Market Roundup: Mining giant loses climate advisor over “hypocrisy”

Published 07:35 on July 30, 2024  /  Last updated at 07:35 on July 30, 2024  / /  Asia Pacific, Australia

The Australasian Centre for Corporate Responsibility (ACCR) has pulled out of its advisory role with Australian mining giant Rio Tinto after just a year, with the activist shareholder group saying Tuesday it was the result of revelations Rio “engaged in negative advocacy that undermines a public commitment to an enhanced approach to climate advocacy”.
The Australasian Centre for Corporate Responsibility (ACCR) has pulled out of its advisory role with Australian mining giant Rio Tinto after just a year, with the activist shareholder group saying Tuesday it was the result of revelations Rio “engaged in negative advocacy that undermines a public commitment to an enhanced approach to climate advocacy”.


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