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Our Approach to
Sustainability

Sustainability is core to how we operate and guides every decision we make at Newmont. Our global strategies focus on prioritizing health and safety, protecting the environment, respecting human rights, supporting our people, acting with integrity and contributing to strong communities. We set clear targets, implement robust policies and standards, build meaningful relationships, and hold ourselves accountable through transparent reporting. Through these actions, we aim to meet – and exceed – stakeholder expectations.

Our Sustainability, People, and Health, Safety and Security Strategies address the growing expectations of investors, governments, communities and other key stakeholders and aim to drive performance through clear targets, open communications and transparent reporting.

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Priority Topics

Each year, we conduct a materiality assessment to identify, assess and prioritize our current, near-term and emerging sustainability issues. Our assessment follows the GRI (formerly known as the Global Reporting Initiative) guidance for determining material topics and includes the Sustainability Accounting Standards Board (SASB) material topics for our sector.

Water use, reuse and replenishment
Local and Indigenous community rights
Water quality and pollution
Climate adaptation and resilience
Community relations, engagement and consultation
Tailings management and safety
Worker health, safety and wellbeing
Corruption and bribery
Community health, safety and security
Decarbonization

Public Targets

Public sustainability targets reflect our commitment to transparency, help manage risks and offer insights into our sustainability performance. Since 2015, Newmont has been reporting on our progress toward targets.

Social Environment
Target definition 2025 Performance Commentary 2026 Target More information
Climate
Achieve the following by 2030:*
  • Reduce absolute GHG emissions (Scope 1 and 2) by 32%
  • Reduce GHG emissions intensity (Scope 1 and 2) by 32%
  • Reduce absolute Scope 3 emissions (i.e., joint venture assets and supply chain) by 30%

*
Compared to 2018 (Scope 1 and 2) and 2019 (Scope 3) baseline
Ongoing icon
Our climate targets are aspirational and subject to change. In 2025, we updated our baseline to reflect our portfolio following the divestment of non-core assets and the commencement of commercial productions at Ahafo North. This update aligns with the process in our GHG Emissions Calculation Methodology that required rebaselining if there is a material adjustment of 5% or more.
Details about our energy use and greenhouse gas emissions performance by site and over the past five years are included in our 2025 Performance Data tables.
2030 target remains the same
 Energy and Climate Change
Water stewardship
All sites achieve annual site targets, including action plans, for participating in multi-stakeholder watershed governance bodies that support collective action/management of water, and improving water quality and quantity Mostly met icon
Eight of 11 sites met or mostly met the target, completing 71 of 92 (around 77%) of their actions. Resource and personnel constraints, constructions delays and reprioritization led to some actions being deferred to 2026, while some actions were canceled as they were no longer deemed relevant.
Target remains the same
 Water Stewardship
Water efficiency
All sites aim to maintain a greater-than-5% reduction in fresh water consumption, and sites in water-stressed areas aim to reduce consumption by at least 10%*
*
From the 2018 baseline
 Met icon
Overall water consumption across our sites decreased by 10% compared to the 2018 baseline. At the two water-stressed sites — Cerro Negro and Peñasquito — water consumption decreased by 12% compared to the 2018 baseline.
Each site will aim to continuously improve water efficiency according to a site-specific water target
Water Stewardship
Closure and reclamation
Achieve 95% of planned reclamation activities/associated actions across the Company Not met icon
We completed concurrent reclamation on 131 of 134 targeted hectares and achieved 90% of planned reclamation and closure activities.
Six sites met or exceed their reclamation plans, and four completed at least 80% of planned actions. Merian completed 27% of its planned activities due to contractual changes requiring re-tendering of services and deferral of work to 2026.
Target remains the same
 Closure and Reclamation
Met icon Met Mostly met icon Mostly met Ongoing icon Ongoing Not met icon Not met
Target definition 2024 Performance Commentary 2025 Target More information
Local/Indigenous employment
All sites achieve local/Indigenous targets as defined in formal community agreements or as defined by site Not met icon
Of the 15 operating sites with a local or Indigenous employment target, seven met or exceeded their 2024 goals. Of the seven sites that missed their annual target, two achieved over 90% of their goal, four surpassed 80% and one achieved 66%. At our Ahafo operation, which has a longer-term target for 2026 rather than an annual one, progress continued toward the goal.
See Value Sharing for 2025 site targets
Value Sharing
Local/Indigenous procurement
All sites achieve spend target with local/Indigenous suppliers Met icon
Globally, Newmont spent $1.521 billion with local/Indigenous suppliers, exceeding our overall target of $1.364 billion. Ten operating sites met or exceeded their targets while two fell short.
As discussed in the Value Sharing section, targets for 2025 are being finalized
Value Sharing
Met icon Met Mostly met icon Mostly met Ongoing icon Ongoing Not met icon Not met

Stakeholder Engagement

We consider any person or organization potentially impacted by our activities or influential to our success to be a stakeholder. All our operations develop stakeholder engagement plans to ensure we identify key stakeholders, maintain ongoing and honest dialogue, and provide transparent, timely and fact-based communications in an accessible and clear manner.

The method, approach and frequency of engagement vary depending on the stakeholder’s area of interest and preference for engagement. An overview of our approach to engaging with our main stakeholders is described in the link below, with additional detail provided throughout the Sustainability Report.

For more information regarding Stakeholder Claims, Events and Newmont’s Responses, click here.

Learn more about our approach to Stakeholder Engagement.