Newmont Included in Dow Jones Sustainability World Index for Fourth Consecutive Year
DENVER, Sept 22, 2010 /PRNewswire via COMTEX News Network/ -- Newmont Mining Corporation (NYSE: NEM) ("Newmont" or "the Company") today announced that it was selected to be included in the prestigious Dow Jones Sustainability World Index (www.sustainability-index.com) for the fourth consecutive year. In 2007, Newmont became the first gold company included in the index. In addition, Newmont was selected for inclusion in the DJSI North America Index in 2006, 2007, 2008, 2009 and 2010.
"Demonstrating industry leadership in our environmental and social performance over the long-term is vital to the ongoing success of our business," said Richard O'Brien, Newmont's President and Chief Executive Officer. "To ensure Newmont remains sustainable, profitable and responsible we must strive to lead in safety, environmental stewardship and social responsibility."
DJSI World, Dow Jones' premier sustainability index, tracks the performance of 2,500 leading companies, worldwide. The index independently evaluates companies' long-term economic, environmental, and social performance, publicly identifying the top 10 percent of performers in areas of sustainability.
O'Brien went on to add, "I am especially proud of our employees whose ongoing commitment to sustainability honors our core values. Year after year, our employees consistently demonstrate leadership by delivering sustainable value and opportunity for our shareholders, employees and host communities."
Companies are selected based on a systematic assessment identifying the top sustainability leaders in 58 different industry groups. The methodology evaluates companies based on a variety of criteria, including transparency, corporate governance, risk and crisis management, environmental management and performance, stakeholder engagement, community development, energy management and climate change, biodiversity, human resources, and safety.
Earlier this year, Newmont was ranked 16th on Corporate Responsibility magazine's annual list of 100 Best Corporate Citizens. Newmont is the only mining company in the list's top 20, joining businesses such as Intel, Gap, IBM and Microsoft.
More information on Newmont's environmental and social performance can be found in the company's annual sustainability report, www.BeyondTheMine.com. The report is published as part of the company's ongoing obligations as a founding member of the International Council on Mining and Metals (www.icmm.com) and in accordance with its commitments under the United Nations' Global Compact (www.unglobalcompact.org) and the Voluntary Principles on Security and Human Rights (www.voluntaryprinciples.org).
Founded in 1921 and publicly traded since 1925, Newmont (www.newmont.com) is one of the largest gold companies in the world. Headquartered in Colorado, the Company has approximately 35,000 employees and contractors, with the majority working at core operations in the United States, Australia, 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's industry leading performance is reflected through high standards in environmental management, health and safety for its employees and creating value and opportunity for host communities and shareholders.
SOURCE Newmont Mining Corporation