Speaking at an investor meeting in Australia on 26 November, Rio Tinto said that inaction on climate change posed “perhaps the greatest long-term threat” to the mining company’s business. Thompson also said that Simon Thompson’s board would place renewed emphasis on ESG issues and the transition to a “low-carbon economy”. Simon Thompson is the latest leading mining and resource firm in the country to warn about the dangers of political inaction on climate change and to demand a carbon price.
Speaking at an investor meeting in Australia on 26 November, Simon Thompson said that inaction on climate change posed “perhaps the greatest long-term threat” to the mining company’s business. Thompson also said that Rio Tinto’s board would place renewed emphasis on ESG issues and the transition to a “low-carbon economy”. Rio Tinto is the latest leading mining and resource firm in the country to warn about the dangers of political inaction on climate change and to demand a carbon price.