What does transparency mean for Newmont?
Transparency is not just about providing information to people. It is very much about us as individual leaders and employees being accessible to stakeholders, being able to be present and engage and talk credibly about what we are doing and why we are doing it.
Why has Newmont assumed a leadership role in pushing the transparency and sustainability agenda?
For the second year in a row, Newmont has been ranked by the Dow Jones Sustainability World Index as the mining industry’s overall leader. We are leaders because we strongly believe that transparency is hugely important to the industry. We support the Extractive Industries Transparency Initiative (EITI), which helps miners be clear about what the payments are that they are making to governments. It helps encourage the flow of money and potential resources back to the local communities.
“Transparency is about allowing people to know who we are so that they can trust us and the data we disclose.” Elaine Dorward-King, Executive Vice President, Sustainability and External Relations,
Newmont Mining Corporation
What are you doing to improve water management at your mines and reduce greenhouse gas emissions?
We have put in place global strategies for water and energy that translate into specific targets which focus minds on what is important and help others observe how we are meeting our commitments. As a result of targets that we set back in 2013, we have been able to reduce our total energy use since 2011 by 17% and our greenhouse gas emissions by 10%.
How are you working with stakeholders to protect the environment?
We recognize that, if we are going to have the biggest impact and take care of the environment, we must work with partners. In Ghana, we are working with the Ghana Forestry Commission on a reforestation plan to offset the impact of mining activities near our Akyem mine.
In Nevada, in partnership with the State of Nevada, the U.S. Department of the Interior and other stakeholders, we will make a significant contribution to conserving and enhancing the biodiversity of the Sagebrush ecosystem through a conservation agreement and banking system. This is historic in terms of its landscape ecosystem-level scale (over 1.5 million acres) and its multi-species approach
