Editing Rio Tinto Group (section)

== Corporate Strategy ==
Rio Tinto operates in over 35 countries requiring a coherent strategy to extract the metals and minerals whilst minimising impact on the environment and communities. 

One aspect of the strategy is to organise departments to address each of the major products including iron ore and aluminium.

Given the trend for net zero, Rio Tinto is committed to assisting with the fight against climate change. Rio Tinto has set ambitious targets to reach net zero by 2050 and to reduce Scope 1 and 2 emissions by 50% by 2030.

To accomplish this, Rio Tinto will invest $7.5 billion in decarbonisation by 2030 to switch to renewable power, electrify aspects of mining, and purchase offsets. These offsets involve nature-based projects such as plating forests.

Rio Tinto is also developing products and technologies to make mining more environmentally friendly.  Rio Tinto has established the role of the Chief Scientist and doubled the R&D budget to $400 million for projects such as carbon-free aluminium smelting.

Outside of the net zero targets and projects, Rio Tinto has three objectives.

=== Best Operator ===
Rio Tinto aims to make use of assets as well as possible by deploying a Safe Production System to improve operational performance and safety,

=== Excel in Development ===
This objective describes Rio Tinto’s desire to deliver growth in commodity mining and future mineral markets whilst maintaining financial strength and resilience.

=== ESG ===
Rio Tinto is putting ESG at the heart of decision making such as decarbonisation as mentioned before and improving accountability and transparency.  Moreover, they wish to deepen social license by working with indigenous communities and minimise the impact of operations on communities.