Stock Spotlight: Rio Tinto Delivers Record Results But Remains An ESG Risk

James Baxter-Derrington
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• 4 min read

Stock Spotlight: Rio Tinto delivers record results but remains an ESG risk

The world’s second largest metals and mining corporation, Rio Tinto, delivered record results last week, but the firm remains under the ESG spotlight for recent scandals and its future role in a low carbon world.

Underlying profit after tax came in at $21bn for 2021, more than double the 2020 figure, while revenues jumped 42% to $63bn as soaring demand combined with constrained supply to send commodity prices skywards....

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