Newmont Publishes 2019 Sustainability Report
June 01 2020 - 9:00AM
Business Wire
Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or The
Company) today announced the publication of its 2019 Sustainability
Report, Beyond the Mine, a transparent and comprehensive disclosure
of the Company’s environmental, social and governance (ESG)
performance.
“Our sustainability report provides investors and other
stakeholders a transparent and detailed look at look at our safety,
environmental and social performance,” said Tom Palmer, President
and Chief Executive Officer. “In 2019, we completed two
transformative transactions whilst enhancing our ESG performance to
align with our position as the world’s leading gold company.”
Newmont’s 2019 sustainability highlights include:
- Achieving no workplace fatalities and conducting a global
safety culture review, which identified several opportunities to
enhance Newmont’s Fatality Risk Management program and improve the
way fatality risks are managed
- Further strengthening management of tailings, whilst enhancing
transparency through a new tailings website with details on all 104
tailings dam facilities at Newmont’s operating sites, joint
ventures, subsidiaries and legacy sites
- Reducing greenhouse gas emissions intensity by 13.7 percent,
compared to the 2013 baseline, which achieves approximately 83
percent of Newmont’s target to reduce GHG emissions intensity by
16.5 percent by the end of 2020
- Engaging with government, community and contractors to resolve
a dispute at the Peñasquito operation in Mexico, which resulted in
reaching a 30-year water agreement with the San Juan de Cedros
community and signing a memorandum of understanding for an
Investment and Social Development Plan that details Newmont’s
commitments to the community
- Creating the Global Center for Indigenous Community Relations
and the Advisory Council of Canadian and Indigenous Affairs to
further enhance Newmont’s global approach to indigenous relations
and ensure all commitments to First Nations in Canada and elsewhere
are honored
The report also includes an update on Newmont’s efforts – such
as protective measures at operating sites and the establishment of
a $20 million fund to support communities – to help manage the
impacts of the COVID-19 pandemic.
Newmont’s sustainability efforts have been recognized by several
independent organizations:
- For the fifth year in a row, Newmont was named the top gold
miner in the Dow Jones Sustainability World Index (DJSI)
- Newmont earned a “B” score from CDP for its 2019 Climate Change
and Water Security performance
- Newmont was added to the Corporate Human Rights Benchmark’s
(CHRB) 2019 evaluation and was ranked 12 th out of more than 200
companies that were assessed against the CHRB’s human rights
performance criteria
- For the second consecutive year, Newmont was included in
Bloomberg’s Gender-Equality Index (GEI) for its efforts to advance
qualified women in the workplace
- Newmont was the top mining company in CR Magazine’s 100 Best
Corporate Citizens list and FORTUNE’s 2020 list of the World’s Most
Admired Companies
- Newsweek included Newmont on its first-ever list of America’s
Most Responsible Companies for 2020
To meet the needs of both investors and a broader range of
stakeholders, Newmont’s 2019 Sustainability Report was written in
accordance with the GRI (formerly Global Reporting Initiative)
Standards Core option, including the GRI Mining and Metals Sector
Supplement, and it follows the Sustainability Accounting Standards
Board (SASB) Metals & Mining Sustainability Accounting
Standard, the framework preferred by investors. In addition, the
report’s climate change information aligns with the Task Force on
Climate-related Financial Disclosures (TCFD) reporting
guidelines.
Issues and metrics covered in Beyond the Mine were selected
based on comprehensive engagement with Newmont employees and
leadership; a specially convened panel of global opinion leaders
from NGOs, academia and the investor community; and hands-on
engagement and reviews with the Safety and Sustainability Committee
of Newmont’s Board of Directors.
The report demonstrates Newmont’s commitment to disclosing its
performance – including site-level data – on its most material
sustainability topics. The full report, along with ESG data tables
and a comprehensive GRI/SASB/TCFD content index, is available as a
downloadable document on Newmont’s website.
About Newmont
Newmont is the world’s leading gold company and a producer of
copper, silver, zinc and lead. The Company’s world-class portfolio
of assets, prospects and talent is anchored in favorable mining
jurisdictions in North America, South America, Australia and
Africa. Newmont is the only gold producer listed in the S&P 500
Index and is widely recognized for its principled environmental,
social and governance practices. The Company is an industry leader
in value creation, supported by robust safety standards, superior
execution and technical proficiency. Newmont was founded in 1921
and has been publicly traded since 1925.
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Media Contact Omar Jabara
303-837-5114 omar.jabara@newmont.com
Investor Contact Jessica Largent
303-837-5484 jessica.largent@newmont.com
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