Climate Change Data

Credit Suisse

Climate Impact & Sustainability Data (2021)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change

Environmental Achievements

  • Rio Tinto is working with renewable energy technology company Heliogen to explore the use of heat from the sun to generate and store energy to power the boron mine. From 2022, Heliogen’s system will supplement existing energy sources and reduce carbon emissions at the mine by up to 7%.
  • Rio Tinto has already reduced energy use and GHG emissions by >5% per tonne of produce through site design improvements and maintenance.
  • Ioneer’s Rhyolite Ridge will produce lithium carbonate, lithium hydroxide and boric acid using off-grid, energy-neutral processes with “minimal” CO2 emissions.

Social Achievements

  • Rio Tinto began producing battery-grade lithium from waste rock at its Boron operations.
  • Eti Maden also opened its lithium carbonate production plant to produce lithium from liquid waste generated during refined boron processing.

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Supply of boron is heavily concentrated in two countries (Turkey and US).
  • Long project lead times for new boron mines (e.g., Rio's Jadar project - 22 years).
Mitigation Strategies
  • Increased exploration and production from companies like American Pacific Borates and Ioneer.
  • Rio Tinto's investment in the Jadar lithium-borates project in Serbia.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Water stress in some boron mining regions
Transition Risks
  • Supply chain disruptions due to concentrated supply
Opportunities
  • Increased demand for boron in decarbonization technologies

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Goal 7 (Affordable and clean energy)
  • Goal 9 (Industry, innovation and infrastructure)
  • Goal 13 (Climate action)

Boron's use in renewable energy technologies, building materials, and sustainable agriculture contributes to these goals.

Sustainable Products & Innovation

  • Lithium recovery from boron tailings

Awards & Recognition

  • Not disclosed