Drill and Deal

News / 2020

· ESG, Governance

Rio Tinto’s chief executive leaves over Juukan Gorge

Jean-Sébastien Jacques and two senior executives left by mutual agreement after the company destroyed 46,000-year-old Aboriginal rock shelters in May. Investors had judged earlier bonus cuts insufficient.

A creek in the Hamersley Range, the Pilbara landscape where Juukan Gorge lies
Photo: Barry T Coles at English Wikipedia, public domain

Why it matters. Heritage and community failures now cost executives their jobs and companies their social licence.

Source
SBS
In the course
Module 10: Risk and jurisdiction