Newmont Publishes 2022 Climate Report
May 25 2023 - 9:54AM
Business Wire
Today, Newmont Corporation (NYSE: NEM, TSX: NGT) published its
2022 Climate Report, prepared in alignment with the Recommendations
of the Task Force on Climate-related Financial Disclosures (TCFD).
The report outlines how Newmont understands and is addressing
climate change — from managing physical and transition climate
risks and enhancing resiliency within our business, to climate
impacts and reducing our greenhouse gas emissions.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20230525005503/en/
Newmont Corporation's 2022 Climate Report
(Graphic: Business Wire)
“Climate change is one of the greatest global challenges of our
time and its impact on our earth and our business is undeniable,”
said Newmont President and CEO Tom Palmer. “We believe that
industries that create value — like mining — have a responsibility
to drive bold actions and innovation to facilitate the transition
to a low-carbon economy.”
Highlights from the 2022 Climate Report include:
- Advancing renewable energy projects at Boddington and Tanami
that have the potential to reduce emissions by up to one million
tonnes of carbon dioxide equivalent;
- Progressing the Vision Zero program, our strategic alliance
with Caterpillar, to trial zero emissions battery electric haul
systems for surface and underground operations;
- Surveying and engaging key suppliers and customers to
incorporate emission reduction targets or decarbonization
commitments into contracts; and
- Partnering with the U.S. National Renewable Energy Laboratory
on research related to carbon sequestration in mine tailings.
Newmont’s Climate Report complements our recently published 2022
Sustainability Report and reinforces our commitment to provide
stakeholders with a transparent and detailed look at our
environmental, social and governance (ESG) performance and
practices.
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 expertise. Newmont was founded in 1921 and
has been publicly traded since 1925.
At Newmont, our purpose is to create value and improve lives
through sustainable and responsible mining. To learn more about
Newmont’s sustainability strategy and initiatives, go to
www.newmont.com.
Cautionary Statement: This release and the climate report
contain “forward-looking statements” within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended, which are intended
to be covered by the safe harbor created by such sections and other
applicable laws. Forward-looking statements may include, without
limitation, expectations relating to emission reduction targets or
potential, future achievement of decarbonization commitments,
execution and implementation of renewable energy projects and
future plans for mitigation of risks. Where a forward-looking
statement expresses or implies an expectation or belief as to
future events or results, such expectation or belief is expressed
in good faith and believed to have a reasonable basis. However,
such statements are subject to risks, uncertainties and other
factors, which could cause actual results to differ materially from
future results expressed, projected or implied. Such statements are
based upon numerous assumptions outlined in the climate report,
which may prove to be incorrect. For a discussion of risks and
other factors that might impact the Company’s business, see the
Company’s Annual Report on Form 10-K for the year ended December
31, 2022 filed with the U.S. Securities and Exchange Commission
(the “SEC”), under the heading “Risk Factors”, available on the SEC
website or www.newmont.com. The Company does not undertake any
obligation to release publicly revisions to any forward-looking
statement, to reflect events or circumstances after the date of
this report, or to reflect the occurrence of unanticipated events,
except as may be required under applicable securities laws.
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version on businesswire.com: https://www.businesswire.com/news/home/20230525005503/en/
Media Contact Omar Jabara 720.212.9651
omar.jabara@newmont.com
Investor Contact Daniel Horton 303.837.5468
daniel.horton@newmont.com
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