Hydro and Glencore will continue efforts to reduce carbon emissions from Alunorte through the fuel switch project that aims to substitute fuel oil with LNG, and the electrification of the coal boilers, bringing Alunorte to the first decile on the global carbon curve already in 2025, thereby positioning Alunorte as a leading supplier of low-carbon alumina. Your mobilisation will then be in the system for processing and you'll receive communication from the system with the status of your . Its good to have people at the same level, like team mates, who can help just to talk. Hydro and Glencore to become partners to further develop Alunorte Andre Krol - Managing Partner - Nebari Holdings LLC | LinkedIn During 2022, we delivered several compliance programme improvements to ensure we continued to be in line with our current business integrity risks. We look for opportunities to improve transparency about our business practices and work to ensure our people understand and fulfil their obligations. Cookies contain information that is transferred to your computer's hard drive. Taking the worlds fourth-largest copper mine underground, The slow journey from red mud to green plants, Rio Tinto Partners with BMW Group on Premium Aluminium Car Parts, If you want to drive real change, we have just the place to do it, Supporting new parents of any gender with equal access to parental leave. We also continue to offer support to those impacted by COVID-19, including long COVID and any psychological impacts. We are updating our Third-Party Risk Management programme so we can optimise risk assessments, processes, systems and tools, and improve integration with other associated business processes. endobj Glencore will own 30 percent of Alunorte, while the remaining four minority shareholders shall collectively own 8 percent. We have a Nominations Committee, comprising the Chairman and Independent Non-Executive Directors. In compiling the2022 Annual Report, the directors have referred to the 2018 version of the UK Corporate Governance Code (the Code), the ASX Corporate Governance Councils Corporate Governance Principles and Recommendations (4th edition) (the ASX Principles) and the New York Stock Exchange (NYSE) Corporate Governance Standards (the NYSE Standards). CRM requires everyone to make sure controls are implemented and working as designed. hb``` The Policy also include a total prohibition against people discharging managerial responsibility and/or key management personnel (ie the board and the Executive Committee) engaging in hedging or other arrangements which limit economic risk in connection with Rio Tinto securities issued or otherwise allocated as remuneration that are either unvested, or that have vested but remain subject to a holding period. We empower our people to seek guidance when faced with an ethical or business integrity dilemma both to prevent incidents from occurring, and to protect them and others from harm. Our code of conduct will work as a central tool in reshaping our culture and it demonstrates what living our values of care, courage and curiosity should look like. These were adopted after wide consultation and, once adopted, are communicated globally to all the company's business units, together with related procedures, guidelines and resources to support implementation. We won't process that personal data for other purposes except where required to meet our legal obligations or otherwise as authorised by law and notified to you. We won't process that personal data for other purposes except where required to meet our legal obligations or otherwise as authorised by law and notified to you. "This transaction is an important step to deliver on Hydros strategy. As a foreign issuer with American Depositary Receipts listed on the NYSE, we are obliged to disclose any significant ways in which our practices of corporate governance differ from the NYSE Standards. Rio Tinto Its important at work because a healthy mind is also a safe and productive mind: a mind that is able to identify hazards, and support other people around them. With your consent, our website uses cookies to distinguish you from other users of our website. A cookie is a small file of letters and numbers that we store on your browser or the hard drive of your computer if you agree. According to the World Steel Association, steel is the most commonly used alloy in the world. 2. If you choose to subscribe to our media releases or other communications, you can unsubscribe at any time (by following the instructions in the email or bycontacting us). We have also piloted the use of wearable technology to help manage employees fatigue. This provided valuable information to individuals on their quality and quantity of sleep, and data for the business to better understand risks and how to more effectively manage them. In 2017, we took steps to minimise the impact of domestic violence with a package of initiatives to protect and support employees. If the critical controls are not in place, the job does not start. Regularly run courses for those who are required to attend a Rio Tinto WA Iron Ore site. The NYSE Standards and ASX Principles state that companies must have a nominating/corporate governance committee composed entirely of independent directors which will, in addition to identifying individuals qualified to become board members, develop and recommend to the board a set of corporate governance principles applicable to the company. <>/XObject<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 720 540] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> Press releases, photos, stories, facts and figures you will find everything you need here. Our business integrity compliance programme, which is managed by our Ethics & Compliance function independently from our business operations, is designed to identify and actively support in managing our compliance risks and regulatory requirements in the jurisdictions where we conduct our business.
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