Company is first miner to use the UN Guiding Principles Reporting
Framework for human rights disclosure
DENVER--(BUSINESS WIRE)--
Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) today
published its 2015 sustainability report, Beyond
the Mine, detailing the Company’s safety, economic,
environmental and social performance. Last year, Newmont was named the
mining industry’s overall leader
in sustainability by the Dow Jones Sustainability World Index.
“Our annual sustainability report provides a comprehensive and
transparent look at Newmont’s performance against our commitments to
create a safe workplace; responsibly manage environmental risks; serve
as a catalyst for local development; and foster respectful relationships
with our stakeholders,” said Dr. Elaine Dorward-King, Newmont’s
Executive Vice President for Sustainability and External Relations. “In
2015, we made notable progress in the areas of environmental stewardship
and social responsibility, while also generating lasting benefits for
the communities near our operations. Thanks to our employees around the
globe we continue making progress toward achieving our purpose to create
value and improve lives through sustainable and responsible mining.”
The report details efforts in 2015 to improve Newmont’s sustainability
performance, including:
-
Reducing Total Recordable Injury Frequency Rates by another 18
percent, a new record low; unfortunately, this was overshadowed by two
fatalities at Newmont’s operations highlighting the ongoing need to
improve behaviors and controls to achieve zero harm;
-
Meeting targets to improve water management and concurrent reclamation
planning; however, work to meet our global target for complaints and
grievances resolution continues;
-
Gathering baseline data to establish targets for local employment and
business opportunities;
-
Generating $6.05 billion in economic value throughout our operating
regions, including $1.35 billion in wages and benefits; $433 million
in taxes and royalties; and $28 million in community investments;
-
Significantly reducing mercury and sulphur dioxide emissions by
replacing the roaster at KCGM in Australia with an ultra-fine grinding
mill; and
-
Advancing a Sagebrush Ecosystem Conservation Program in Nevada to
protect a broad range of local plant and animal species, in
partnership with government.
The information and data reported in Beyond the Mine reflects
issues identified by our stakeholders, the business, and society at
large as being the most material and relevant to their needs and
concerns. These issues were identified using a robust
process that incorporates the Global Reporting Initiative’s (GRI)
principles for defining report content. Newmont’s 2015 sustainability
report was compiled in accordance with the GRI’s G4 Core option
guidelines and independently
assured.
The report also reflects Newmont’s reporting obligations as a founding
member of the International Council on Mining and Metals (ICMM) and as
an early adopter of the new Reporting Framework for the UN Guiding
Principles on Business and Human Rights.
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 the
Company’s sustainability performance, and invites readers to complete a
confidential online survey.
Newmont is a leading gold and copper producer. The Company
employs approximately 27,000 employees and contractors, with the
majority working at managed operations in the United States, Australia,
Ghana, Peru, Indonesia and Suriname. Newmont is the only gold producer
listed in the S&P 500 index and was named the mining industry leader by
the Dow Jones Sustainability World Index in 2015. The Company is an
industry leader in value creation, supported by its leading technical,
environmental, social and safety performance. Newmont was founded in
1921 and has been publicly traded since 1925.
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Source: Newmont Mining Corporation