Rio Tinto: stock up on publication of first 'CSP' report
(CercleFinance.com) - Rio Tinto today announced the publication of its first Communities and Social Performance (CSP) report, outlining its improved social practices towards local communities.
The company is seeking to rebuild its image and trust with Aboriginal people, following the destruction of the prehistoric Juukan Gorge cave site in Western Australia, which was blown up for mining purposes.
Rio Tinto is now committed to increasing transparency in its approach to cultural heritage protection and to improving its CSP practices and performance.
The report highlights progress in partnering with traditional owners or introducing new CSP structures and practices into the company.
The market is taking a kind eye towards this approach, with the share up almost 3.5% at lunchtime today.
Copyright (c) 2021 CercleFinance.com. All rights reserved.
The company is seeking to rebuild its image and trust with Aboriginal people, following the destruction of the prehistoric Juukan Gorge cave site in Western Australia, which was blown up for mining purposes.
Rio Tinto is now committed to increasing transparency in its approach to cultural heritage protection and to improving its CSP practices and performance.
The report highlights progress in partnering with traditional owners or introducing new CSP structures and practices into the company.
The market is taking a kind eye towards this approach, with the share up almost 3.5% at lunchtime today.
Copyright (c) 2021 CercleFinance.com. All rights reserved.