Jesuits Contemplate Divestment from Rio Tinto Over Environmental Concerns

The Jesuits in Britain are considering selling their stake in Rio Tinto due to unresolved environmental issues in Madagascar and Guinea, as revealed by the head of their ethical investments. This move reflects growing demands from faith-based investors for increased environmental accountability in the mining sector.

The Jesuits in Britain are weighing the possibility of divesting their stake in mining giant Rio Tinto due to unsatisfactory environmental engagement, as highlighted by their ethical investments leader.

The primary concerns include reported water contamination issues in Madagascar, where missing or incomplete key water reports have raised red flags among environmental advocates.

This potential move also addresses broader environmental accountability at Rio Tinto's projects in Madagascar and Guinea, as well as the company's Scope 3 emission responsibilities, pressing for greater community protection.