IUCN and Newmont Partner on Biodiversity Conservation to Advance Knowledge Sharing and Best Practices
October 10 2018 - 8:00AM
Business Wire
IUCN, International Union for Conservation of Nature, and
Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company)
have established a three-year collaborative agreement to identify
ways the Company can meet its global targets to achieve no net loss
in biodiversity, and net gains where possible.
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IUCN officials conducting field meeting
with Newmont representatives on location in Nevada. (Photo:
Business Wire)
As part of the agreement, Newmont asked IUCN and its experts –
including representatives of IUCN Member organizations and its
Commissions – to conduct independent reviews at select mine sites
using the IUCN Biodiversity Net Gain Protocol. The first site visit
was conducted in August at Newmont’s operations in Nevada, USA, and
future visits are planned for the Company’s other regions. Data
gathered through the reviews will be used to design and implement
enhanced biodiversity conservation programs at Newmont’s global
mine sites and for knowledge sharing with IUCN members.
“The full assessment of the first site visit to Newmont’s
operations in Nevada is still being compiled, but preliminary
conclusions indicate that there is considerable scope for the
mining sector to mainstream biodiversity conservation into their
operations in a meaningful way,” said IUCN’s Global Director,
Stewart Maginnis. “However, for this to work, companies need
commitment at both the corporate and operational level to adhere to
best practice standards as well as third-party assessment and
verification.”
Newmont is one of the world’s leading gold and copper producers
with operations in Africa, Australia, North and South America. The
Company has a stated goal of no net loss of key biodiversity values
(KBVs) in its areas of influence.
“Our partnership with IUCN, a recognized global authority on
biodiversity, will provide further insight into how Newmont can
meet or exceed our biodiversity targets and remain a global leader
in sustainability,” said Newmont’s Elaine Dorward-King,
Executive Vice President of Sustainability and External
Relations. “Understanding and managing the impacts of our
activities on biodiversity, critical habitats and ecosystems – at
every stage of the mine lifecycle – is essential to ensuring our
operations remain responsible and profitable well into the
future.”
For more information, please visit the IUCN webpage.
About IUCN
IUCN is a membership Union composed of both government and civil
society organizations. It harnesses the experience, resources and
reach of its more than 1,300 Member organizations and the input of
more than 13,000 experts. This year, IUCN celebrates its 70th
anniversary. Since its establishment in 1948 in the French town of
Fontainebleau, IUCN has become the global authority on the status
of the natural world and the measures needed to safeguard it.
About Newmont
Newmont is a leading gold and copper producer. The Company’s
operations are primarily in the United States, Australia, Ghana,
Peru and Suriname. Newmont is the only gold producer listed in the
S&P 500 Index and was named the mining industry leader by the
Dow Jones Sustainability World Index in 2015, 2016, 2017 and 2018.
The Company is an industry leader in value creation, supported by
its leading technical, environmental, social and safety
performance. Newmont was founded in 1921 and has been publicly
traded since 1925.
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Media
Contacts:IUCNLeigh Ann Hurt,
+41-22-999-0113leigh-ann.hurt@iucn.orgorNewmontOmar Jabara,
+1-303-837-5114omar.jabara@newmont.com
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