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Article

5 Apr 2016

Author:
Newmont

Newmont publishes sustainability report reflecting reporting obligations as an early adopter of UN Guiding Principles Reporting Framework

"Newmont Publishes 2015 Sustainability Report", 4 Apr 2016

Newmont Mining Corporation...today published its 2015 sustainability report, Beyond the Mine, detailing the Company’s safety, economic, environmental and social performance...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

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.