DENVER--(BUSINESS WIRE)--Newmont Mining Corporation (NYSE: NEM) (“Newmont” or “the Company”) today published its 2014 sustainability report, Beyond the Mine, detailing the Company’s safety, economic, environmental and social performance, as well as its commitment to ethical business practices.
The report reflects Newmont’s reporting obligations as a founding member of the International Council on Mining and Metals (ICMM), as well as its commitments under the Voluntary Principles on Security and Human Rights (VPSHR) and the United Nations Global Compact. Newmont reports its sustainability performance against the Global Reporting Initiative’s (GRI) sustainability reporting framework – a comprehensive set of indicators covering sustainable development – and is independently assured.
“Our annual sustainability report transparently details Newmont’s performance over time in the areas that matter most to our stakeholders,” said Dr. Elaine Dorward-King, Newmont’s Executive Vice President, Sustainability and External Relations. “In the spirit of continuous improvement, we enhanced our governance, standards and practices in 2014 to better manage the social and environmental risks associated with our business, while working to create value and improve lives through sustainable and responsible mining.”
Highlights from the 2014 report include:
- Achieving the lowest injury rate in Newmont’s history for the second year in a row; however, two fatalities at Newmont’s operations in Ghana demonstrate that the Company’s work to achieve a culture of zero harm never ends;
- Publishing an independently assured, Conflict-Free Gold Report confirming Newmont does not operate in areas classified as “conflict-affected or high risk” and is in conformance with the criteria established by the World Gold Council’s Conflict-Free Gold Standard;
- Gaining approval to expand underground mining operations in Waihi, New Zealand through a comprehensive public involvement program;
- Establishing the Newmont Akyem Development Foundation (NAkDeF) at the Company’s newest operation; NAkDeF has a similar structure to the Newmont Ahafo Development Foundation, which was recognized in 2014 as the best social impact investment vehicle in Africa by the European Union’s African Chamber of Commerce;
- Receiving the government of Indonesia’s first-ever botanical garden designation at a reclaimed, former mine site;
- Implementing a global water strategy to more effectively manage and mitigate water risks and more clearly link water management practices with long-term strategic and social responsibility objectives; and
- Demonstrating a commitment to transparency through the development of external targets for complaints and grievances, water management, and closure and reclamation.
The full report, as well as a downloadable PDF, is available at www.beyondthemine.com.
Newmont values feedback on the report or any other aspect of Newmont’s sustainability performance and invites readers to complete an online survey.
Founded in 1921 and publicly traded since 1925, Newmont is a leading producer of gold and copper. Headquartered in Colorado, the Company has approximately 28,000 employees and contractors, with the majority working at managed operations in the United States, Australia, New Zealand, Peru, Indonesia and Ghana. Newmont is the only gold company listed in the S&P 500 index and in 2007 became the first gold company selected to be part of the Dow Jones Sustainability World Index. Newmont is an industry leader in value creation, supported by its leading technical, environmental, and health and safety performance.