Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) was recognized this week by a trio of independent organizations for strong management performance and social responsibility, coordinated action on climate related issues and advancing women in the workplace.
"Continuing to thrive in our next 100 years will require strong and transparent corporate governance, responsible environmental stewardship, and a diverse and inclusive workplace that allows us to attract and retain top talent," said Tom Palmer, President and Chief Executive Officer. "Aligning our business strategy with the interests of our shareholders and stakeholders through leading ESG practices is key to creating sustainable, long-term value in the years and decades ahead."
FORTUNE’s World’s Most Admired Companies
Newmont was recognized as the top mining company on FORTUNE’s 2020 list of the World’s Most Admired Companies based on an in-depth global survey conducted by the magazine. Newmont posted strong scores across a number of dimensions, including quality of management, social responsibility, long-term investment, people management and innovation. FORTUNE based its rankings on the opinions of nearly 3,800 executives, directors, and securities analysts.
CDP Climate Assessment
For 2019, Newmont earned a ‘B’ in CDP’s (formerly known as the Carbon Disclosure Project) Climate Change assessment, reflecting the Company’s coordinated action on climate issues. Newmont was recognized for strong climate governance and financial planning in response to climate related impacts. With more than 8,400 companies evaluated through CDP, Newmont ranked above average for all responders in the metallic minerals mining sector and all business sectors in North America and globally.
Bloomberg’s Gender-Equality Index
For the second consecutive year, Newmont was included in Bloomberg’s Gender-Equality Index (GEI) for the Company’s efforts to advance qualified women in the workplace. Newmont is one of 325 companies, spanning 50 industries globally, to be included in this year's GEI.
In December, Newmont was ranked the top mining company in Newsweek’s first-ever list of America’s Most Responsible Companies for 2020. Of the 300 businesses selected for inclusion in Newsweek’s index, the Company placed 39th overall. In September of 2019, Newmont was the top global gold mining company on the Dow Jones Sustainability World Index (DJSI World) for the fifth consecutive year and was the overall mining and metals industry leader for four of those years. In May 2019, the Company ranked 20th on Corporate Responsibility Magazine’s (CR Magazine) 100 Best Corporate Citizens list for 2019. Newmont was the sole mining company in the top 20 and one of only two miners to make the magazine’s 20th annual list.
Newmont is the world’s leading gold company and a producer of copper, silver, zinc and lead. The Company’s world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in North America, South America, Australia and Africa. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social and governance practices. The Company is an industry leader in value creation, supported by robust safety standards, superior execution and technical proficiency. Newmont was founded in 1921 and has been publicly traded since 1925.
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