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AAP
AAP
Business
Marion Rae

Rio, BHP warned of investor pressure on steel emissions

BHP Simon Nicholas Rio Tinto iron ore Fortescue IEEFA
Pressure is growing on the steel industry to do more to cut supply chain emissions. (Kim Christian/AAP PHOTOS)

Rio Tinto and BHP are being warned to prepare for demands to assess the greenhouse gas emissions they pass on to steel customers through Australian iron ore and coal.

A report released by the independent Institute for Energy Economics and Financial Analysis (IEEFA) on Thursday found neither company had a measurable target for what are called Scope 3 emissions.

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