Governance

Strong governance is key to realizing our potential. Through transparency, accountability and ethical practices, we align with global standards to unlock value, manage risks and build trust with stakeholders.

Our priority topics under Governance consist of Business Integrity and Compliance, Risk Management System, Sustainability Compliance and Assurance and Responsible Sourcing. Learn more below.

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Nearly 4,300 employees who joined Newmont from the Newcrest transaction received dedicated onboarding training on Newmont’s business integrity and compliance principles
More than 8,000 integrity and compliance training interactions, both online and in person throughout 2024
Conducted targeted training, awareness and outreach sessions for high-risk vendors and functions

Business integrity is fundamental for building and preserving the trust that serves as a foundation for our business. As a core value, integrity guides our daily actions, and our global Business Integrity and Compliance program establishes robust controls and cultivates a culture where all our relationships are based on integrity.

Learn more about Business Integrity and Compliance on pages 28-31 of our 2024 Sustainability Report(opens in a new window).

Enhanced our Risk Management System and reviewed and began progressing opportunities for improvements
Delivering enhanced tools for risk reporting and ongoing risk evaluations

Managing risks and opportunities is vital to achieving business success, particularly for mining companies with complex risk profiles. Identifying, assessing and mitigating risks are key to delivering on our overall business strategy and sustainability commitments. Newmont’s global Risk Management System (RMS) framework provides clear processes for managing risks and opportunities across the Company.

Learn more about our Risk Management System on pages 32-33 of our 2024 Sustainability Report(opens in a new window).

Achieved The Copper Mark and The Molybdenum Mark certifications at Cadia, which became the first Newmont site to earn both
Conducted standards gap assessments at four sites acquired in the November 2023 Newcrest transaction

Meeting our commitments and operating in compliance with laws and regulations is a fundamental business priority. We build trust and meet stakeholder expectations by upholding high standards, responsible business practices and transparent reporting on performance. Newmont’s compliance and assurance programs help us meet our sustainability obligations while identifying opportunities for ongoing improvement.

Learn more about our Sustainability Compliance and Assurance on pages 34-37 of our 2024 Sustainability Report(opens in a new window).

Partnered with MKS PAMP to offer a traceable gold bar made exclusively with Newmont-mined gold, refined and minted by MKS PAMP in Switzerland
Conducted human rights training for 165 suppliers in Australia, Ghana, Peru, Suriname and the U.S.
Commenced a review of our global Materials Management Standard to implement controls aiming to further reduce risk exposure

Responsible mining includes consideration of the social and environmental impacts throughout an operation’s value chain. Newmont works with more than 10,000 upstream suppliers and downstream customers – including direct suppliers, smelters and refineries worldwide – to implement due diligence practices that align with stakeholder expectations and demonstrate responsible business practices.

Learn more about our Responsible Sourcing on pages 38-40 of our 2024 Sustainability Report(opens in a new window).