Rio Tinto Says CEO Jacques to Exit Company

Rio Tinto Says CEO Jacques to Exit Company

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Business, History

University

Hard

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The transcript discusses the fallout from Rio Tinto's destruction of the Juukan Gorge, a site of significant Aboriginal heritage. Professor Marcia Langton emphasizes the need for cultural rebuilding within the company. Key executives, including CEO Jean-Sébastien Jacques, are stepping down. The incident, which allowed Rio Tinto to access more iron ore, has drawn widespread criticism, particularly from pension funds and advocacy groups, leading to a reversal in the company's initial response.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What steps did Professor Marcia Langton suggest the company should take to rebuild its internal culture?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the significance of the Juukan Gorge site that Rio Tinto disregarded?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What were the consequences faced by CEO Jean-Sébastien Jacques following the incident?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the initial response of Rio Tinto to the destruction of the Juukan Gorge site fall short?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What actions did AustralianSuper and other pension funds take in response to Rio Tinto's handling of the situation?

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