Policies and Standards communicate the philosophy, rules and expectations of an organization.
As an important part of Newmont’s internal governance process, new or revised Global Policies and Standards are reviewed and preliminarily approved by a Global Policies & Standards Committee. Following this preliminary approval, the documents are posted for comment by employees for a minimum of 14 days, after which they are finally approved by the Global Policies & Standards Committee. Policies are then submitted for further approval by Newmont's Executive Leadership Team and Board of Directors.
The scope of the Social and Environmental Standards is global, and they apply to all directors, officers and employees of Newmont Mining Corporation, its subsidiaries, and any other entities that it controls. A variance request process for existing or future conditions is in place for S&ER standards. The process provides an alternative mechanism for those instances where a Newmont site/operation cannot logistically or feasibly conform to a requirement established in a Standard due to special conditions or unique hardships.