Rio Tinto handed its chief government a 70% pay rise final 12 months, regardless of racking up a stack of environmental fines
By Luke Barr, Financial Mail On Sunday
Published: | Updated:
Rio Tinto handed its chief government a 70 per cent pay rise final 12 months, regardless of racking up a stack of environmental fines.
The mining big paid out extra in penalties by 2022 than within the earlier three years mixed. Offences included killing a gazelle, emissions breaches and soil contamination.
The environmental fines totalling nearly £100,000 within the final monetary 12 months didn’t hamper chief Jakob Stausholm’s pay, which skyrocketed from £2.8 million to £4.8 million.
Paying the penalty: The environmental fines totalling nearly £100,000 within the final monetary 12 months didn’t hamper chief Jakob Stausholm’s pay
Rio’s enterprise practices have been mired in controversy lately.
Stausholm was employed as chief government in January 2021 to exchange Jean-Sebastien Jacques, who stop after outrage over its resolution to explode sacred Aboriginal rock shelters.
Last week, Rio Tinto greater than halved its dividend to £6.7 billion after a 41 per cent revenue hunch.
Rio Tinto was contacted for remark.
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