Rio Tinto plc (UK) | To vote ABSTAIN on reappointment of the auditor at Rio Tinto plc

Status
Voted
AGM date
Previous AGM date
Proposal number
19
Resolution details
Company ticker
RIO
Submitted by
Sarasin & Partners
Resolution ask
Conduct due diligence, audit or risk/impact assessment
ESG theme
  • Environment
ESG sub-theme
  • Net Zero / Paris aligned
Type of vote
Other management proposal or proxy item
Filer type
Management
Company sector
Materials
Company HQ country
United Kingdom
Supporting statement
RESULTS:

99.61% FOR

KPMG’s disclosures on how climate is considered in its audit is more detailed than most. We are missing, however, commentary from them on how climate was considered under their Key Audit Matter on closure provisions; on the relatively low carbon prices assumed by management and potential risks from a 1.5°C pathway.

https://sarasinandpartners.com/stewardship-post/rio-tinto-2024-agm-how-we-are-voting-for-net-zero-accounting/

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