Environment

Climate change remains an existential threat to the world. Newmont’s stakeholders, including investors, expect action to transition toward a more resilient low-carbon economy and to do so in a way that minimizes risks and maximizes social and economic opportunities. Newmont’s global Energy and Climate Strategy uses science-based targets to reduce greenhouse gas (GHG) emissions and takes an integrated approach, working alongside governments and communities, to accelerate an equitable transition to a low-carbon economy.

2022 Climate Report

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Access to clean, safe water is a human right. Mining activities require water and can potentially impact local water supplies. Newmont’s Global Water Strategy guides our efforts to understand shared challenges, reduce water-related risks and improve our water management performance. Newmont is transitioning to an approach that integrates nature, identifying co-benefits and improving the health, wellbeing and resiliency of ecosystems and other shared natural resources.

Mining and mineral processing activities produce tailings, which are a waste product that, if not managed properly, can threaten human health and the environment. Newmont aims to manage all wastes, including tailings, by implementing best practices. We are committed to conforming with Global Industry Standard on Tailings Management (GISTM) and achieving the goal of zero harm to people and the environment.

Further information on our tailings practices and considerations throughout the lifecycle, please see our Tailings Management page.

Biodiversity spans four areas of nature – land, fresh water, ocean and atmosphere – and it is critical for sustaining and stabilizing ecosystems to remedy the global challenge of environmental degradation and habitat loss. Newmont recognizes that local communities and our operations rely on healthy and functioning ecosystems to thrive. Our commitment to No Net Loss of Key Biodiversity Values (KBVs) due to mine-related activities is integrated into our approach and essential to achieving positive nature outcomes.

All mines have a finite operating life, making responsible closure planning essential to address the complex social, economic, environmental and regulatory impacts related to the end of mining operations. Newmont’s global Closure Strategy integrates closure planning across the business and throughout the life of each operation. We seek to leave long-term positive and sustainable legacies long after mining ceases.

Monitoring materials and waste that can possibly harm people and the environment is essential to every business. Throughout the life of a mine, many activities require materials and generate waste – items such as chemicals, mercury and waste rock – that may pose a risk if not managed properly. Newmont has robust management systems and controls in place to mitigate and prevent potential negative impacts on people and the environment while reducing our long-term liabilities throughout the mine lifecycle.