Professional Documents
Culture Documents
stewardship
strategy
Our products help
make modern life work
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Our products help make modern life work
Product stewardship strategy
Rio Tinto defines product 2.1 Product stewardship environmental, social, and economic trade associations, though some
stewardship as a programme of position statement values for the benefit of society at large. will be company-focused
action that recognises the need to To achieve this goal, Rio Tinto
ensure that products are produced, Rio Tinto’s goal is to be recognised as will proactively: • Monitor and evaluate emerging
used and managed at end of life a leader in the industry on product issues and plan for appropriate
in a socially and environmentally stewardship issues, thus reflecting • Assume responsibility for our regulatory and stakeholder
responsible manner in order to its commitment to sustainable processes and share responsibility for engagement
support societal goals of sustainable development, differentiating its products our products along their value chains
development and commercial goals and commercial reputation, protecting • Develop minimum sustainable
of sustainable markets. its markets and thereby delivering value • Manage the natural resources for development standards over
to the business and to society at large. which we have charge and our time for major supplier contracts
processes in a eco-efficient manner for products delivered to and
As part of this commitment, Rio Tinto to reduce environmental impacts purchased by Rio Tinto
recognises that the effective stewardship
of products across the value chains, • Utilise life cycle assessment • Facilitate and encourage recycling of
from resource extraction to product appropriately across our business Rio Tinto products where appropriate
recycle or disposal, is crucial. Rio Tinto units as a means of evaluating
believes that being a recognised leader potential impacts of our products • Develop greater awareness amongst
and performer in product stewardship throughout their life cycle in order our workforce about the value of
issues will create value for our business to create value for the business units product stewardship
units through better customer
relationships and sustainable market • Engage with key customers to • Disclose information on our
access. Rio Tinto also believes that develop preferred customer-supplier products to insure a high degree
its products contribute to sustainable relationships leading to increased of transparency in our business
development by contributing to value for Rio Tinto products with the public
sustainable communities, sustainable
markets and a sustainable stock of • Develop product environmental • Seek the agreement and alignment
goods that can be used and recycled safety and health data, as of all Rio Tinto businesses with
for centuries to come. appropriate, to ensure that our Rio Tinto’s corporate position and
The Stacker Reclaimer is used to place coal in stockpiles
after processing. It is then used to load coal onto the
products are safe for the environment principles on product stewardship,
conveyor belt which takes it to the train loading bay for Further, Rio Tinto is committed to and health in all their intended uses. whilst preserving their freedom to
shipment. Blair Athol coal mine Queensland, Australia managing its processes and products Much of this work will be done in implement these according to their
in a responsible manner that balances conjunction with commodity and own business specifics.
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Our products help make modern life work
Product stewardship strategy
stewardship goals
and objectives Rio Tinto policy: The way we work
The path forward lies in the refinement The range of product stewardship issues
and implementation of the product currently before Rio Tinto presents both
stewardship strategy at the business unit opportunities (eg, product branding) and
level. This will require business units risks (eg, potential market restrictions).
to develop individual, comprehensive
approaches that fulfil our commitment Many of these risks and opportunities
to product stewardship and maximise are common to other health, safety and
added value to our products and environment matters, and reflect the
shareholders. business case for our Group commitment
to sustainable development. Long-term
The four objectives have been identified business value is delivered through:
as part of the strategy. Key elements
for each objective are presented in • continued licence to operate granted by
Appendix one. our neighbours, regulators and society;
– use the information to enhance business reputation and gain leverage in the • communicate threats and opportunities within and across appropriate business
market place by using the information collected. units and with trade associations.
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Our products help make modern life work
Product stewardship strategy
Objective four.
Objective three.
Engage with customers and stakeholders to create opportunities
Develop and communicate product safety, health and environmental data.
and enhance reputation.
Key elements: Key elements:
Business units participate in and develop environmental research programmes where Business units with assistance from Rio Tinto seek to:
appropriate to ensure that Rio Tinto’s licence to operate (mineral access) and licence
• identify strategic priorities and issues
to market (market access) is maintained.
• actively engage with customers, regulatory authorities, policy makers and the
Business units seek to:
public across all levels of the business to ensure each Business unit is viewed
• identify and search for market opportunities that provide competitive advantage; as a responsible producer’
• engage with customers and trade associations in order to identify opportunities for • communicate and participate with corporate Rio Tinto programmes aimed at
product design, product branding and eco-efficiency design that add value to products; risk/benefit identifications and market access for facilitating internal
communication pathways
• identify opportunities for product differentiation to gain financial reward; and
• report on product stewardship programmes and progress.
• leverage product performance data and Rio Tinto and business unit reputations
• participate in and contribute to trade association programmes where appropriate
• develop appropriate research programmes to obtain data as needed to support
regulatory and market issues.
Rio Tinto plc Rio Tinto Limited
2 Eastbourne Terrace 120 Collins Street
London W2 6LG Melbourne, Victoria 3000
United Kingdom Australia
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