Home » Latest News » Newmont ranked as world mining industry leader
Latest News

Newmont ranked as world mining industry leader

Newmont Mining Corporation has been ranked by the Dow Jones Sustainability World Index as the mining industry’s leader in overall sustainability, marking the ninth consecutive year the company has been included on the index.

This year, the DJSI World – one of the most highly regarded sustainability indices – includes 317 global companies identified as leaders in the areas of sustainable economic, environmental and social performance. Newmont was the first gold company named to the index in 2007, and has been included on the DJSI North America Index every year since 2006.

“We’re honoured that our economic, environmental and social performance was recognized as the best in the mining sector by the Dow Jones Sustainability World Index. This performance reflects the heartfelt commitment to sustainability shared by each of our employees,” said CEO and president Gary Goldberg.

“Every day we focus on creating value and improving lives through sustainable and responsible mining. This translates into safe working conditions and good opportunities for employees; sustainable economic development in our host communities; and strong returns and prospects for our shareholders and other stakeholders.”

In addition to being ranked the overall industry leader in the mining sector, Newmont received the highest score in a number of areas including climate strategy; environmental policy/management systems; corporate citizenship and philanthropy; and labor practices and human rights.

DJSI World tracks the performance of 2500 leading companies worldwide, independently evaluating their long-term economic, environmental and social performance.

The top 10 per cent of performers are selected from among each industry group.

DJSI evaluates companies based on a variety of criteria, including transparency, corporate governance, risk and crisis management, environmental management and performance, climate strategy, water risks, stakeholder engagement, local community development, labor practices, human rights and safety.

More information on Newmont’s safety, economic, environmental and social performance can be found in the company’s annual sustainability report, Beyond the Mine.

The report is published as part of Newmont’s ongoing obligations as a founding member of the International Council on Mining and Metals and in accordance with the company’s commitments under the United Nations’ Global Compact and the Voluntary Principles on Security and Human Rights.

Newmont began operating in Australia and New Zealand in 2002 with the acquisition of Normandy Mining, with three operations in Australia – Boddington, Tanami and Kalgoorlie.

Add Comment

Click here to post a comment