· Strategy and resource allocation
- Connectivity of information
- Consistency and comparability
- Strategic focus and future orientation
Rio Tinto combines the company's overall vision, strategy, strategic drivers, business model and KPIs to provide a holistic insight into the strategic direction of the business.
Rio Tinto's strategic vision outlines the benefits of holding a sector leadership position, with particular focus on the benefits which it brings to stakeholders, including; delivering superior returns to shareholders; ensuring widespread and lasting economic benefits to host country communities; responding to customer needs; and providing employees with leading training and career development opportunities and appropriate financial rewards.
A key component of Rio Tinto's strategic drivers is the company’s license to operate, which explains the importance of sustainable development and the role that it has in stakeholder engagement.
Key performance indicators (KPIs) are then reporting on to measure financial and sustainable development performance, with relevance to strategic drivers explained. An overview of principal risks and uncertainties is then provided categorized into external, strategic, financial, operational and sustainable development risks with descriptions and mitigation.