Rio Tinto is solidifying its decarbonisation commitment by joining Japan’s Green Value Chain Platform Network.

The miner, which has a plan to reach net zero emissions across all of its operations by 2050, plans to achieve its scope one, two and three emissions reductions goals with its membership in the network. The group was formed three years ago by the Japanese Ministry of the Environment.

The GVC Network now boasts 141 members from across mining, construction, electronics and more. Its mutual dedication is to share solutions related to renewable energy, energy conservation and energy storage.

Rio Tinto officials pointed out that its efforts to back decarbonisation through state-of-the-art solutions such as the START Responsible Aluminium traceability program are in alignment with the work of the GVC Network.

Rio Tinto Japan President Bill Horie said: “We are honoured to be welcomed into the Ministry of Environment’s GVC Network and look forward to engaging on innovative approaches with customers, government and industry to help reduce Japan’s carbon footprint.”

The company, which is a large iron ore producer worldwide and a top iron ore supplier in Japan, said it will be working toward its 2050 goal by targeting a reduction in emissions intensity by 30% and in its absolute emissions by 15%, both by 2030 and from 2018 levels. 

Rio Tinto also has earmarked $1 billion over five years on emissions reduction projects, research and development.

Further details on the Green Value Chain Platform Network can be found here.

Source: Rio Tinto

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