Thursday, 17 March 2011

UK: Rio Tinto's business review - FRRP secures greater environmental disclosure

The Financial Reporting Review Panel has secured greater disclosure by Rio Tinto plc in respect of the business review it is required to publish under the Companies Act (2006); the required contents of the business review are set out in Section 417. This followed a complaint received by the FRRP last summer. Rio Tinto's most recent business review, published earlier this week, now contains more information regarding, for example, the potential health risks posed by exposure to workers and communities surrounding uranium mines and an example of the potential for the group’s projects to impact on biodiversity. For further information see here.

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