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Newmont recognized for strong environmental, social and governance performance

Newmont recognized for strong environmental, social and governance performance

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Newmont

DENVER — Newmont Corp. has been recognized 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. Newmont is the 38.5 percent owner of the Nevada Gold Mines joint venture in northeastern Nevada.

“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 Most Admired CompaniesNewmont 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.

The only other mining companies on Fortune’s list were BHP Group, based in Australia, which works in mining and petroleum, and Rio Tinto, based in the U.K.

CDP Climate AssessmentFor 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.

On CDP’s Climate Change assessment, Barrick Gold, the 61.5 percent owner and the operator of Nevada Gold Mines, earned a ‘B minus,’ and Kinross earned a ‘C.’

Bloomberg’s Gender-Equality IndexFor the second consecutive year, Newmont was included in Bloomberg’s Gender-Equality Index 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 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 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.

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