- Developing Resources Responsibly
- Newmont Goes ‘Beyond the Mine’ with Sustainability Report
May 5, 2017
Newmont Mining Corporation recently published Beyond the Mine, the company’s annual report on its efforts to create value and improve lives through sustainable and responsible mining.
“Building a healthier, safer and more environmentally sound and socially responsible business is embedded in our long-term business strategy and our values,” said Dr. Elaine Dorward-King, Newmont’s executive vice president for sustainability and external relations. “Our future goals to reduce freshwater use, lower greenhouse gas emissions intensity, achieve gender equality in leadership ranks, and contribute toward the United Nation’s Sustainable Development Goals demonstrate our desire to make an even greater, positive impact.”
Newmont’s 2016 sustainability highlights include:
- Experiencing no fatalities at any Newmont site or facility during the year and reducing the number of serious injuries by 75 percent;
- Generating $5.8 billion in economic value throughout its operating regions, including $1.3 billion in wages and benefits, nearly $400 million in taxes and royalties, and $16 million in community investments;
- Collaborating with U.S. federal and state agencies on an unprecedented agreement governing the company’s management of more than 1.5 million acres of sagebrush habitat in Nevada;
- Advancing the company’s human rights strategy through human rights impact assessments, a new artisanal and small-scale mining engagement strategy, and an independent study related to free, prior and informed consent (FPIC) of indigenous peoples;
- Implementing a Supplier Code of Conduct that commits suppliers to ethical, safe, and socially and environmentally responsible conduct; and
- Being named, for the second year in a row, the mining industry leader on the Dow Jones Sustainability World Index (DJSI), and achieving both Gold Class and Industry Mover distinctions in RobecoSAM’s 2017 Sustainability Yearbook, which is based on the assessment used to determine the DJSI scores.
While the report is released annually, Newmont’s sustainability efforts continue throughout the year. In addition to continually improving its own sustainability performance, the company works with associations in the US and globally to drive improvements across the mining industry.