Activist investors tighten screws on Rio Tinto’s emissions plan

Investors in Rio Tinto Ltd have renewed efforts to force the world’s biggest iron ore miner to commit to targets that would scale back emissions of its customers in line with the Paris Agreement on combating climate change.

A group of institutional investors represented by Market Forces has updated a resolution to be presented at Rio Tinto’s annual general meeting in Brisbane on May 7, the unit of environmental group Friends of the Earth said on Thursday.