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Rio Tinto beefs up decarbonisation plans

Rio Tinto will spend US$7.5 billion as part of an accelerated decarbonisation plan that it hopes will cut Scope 1 and 2 emissions by 50% from its 2018 baseline by 2030, the miner said at its Capital Markets day on Wednesday.

Rio Tinto beefs up decarbonisation plans Rio Tinto beefs up decarbonisation plans Rio Tinto beefs up decarbonisation plans Rio Tinto beefs up decarbonisation plans Rio Tinto beefs up decarbonisation plans

The previous 2030 target, a 15% reduction, should now be reached by 2025, Rio Tinto said.

"Governments are setting more ambitious targets and accelerating actions on climate change," Rio Tinto said.