DENVER–(BUSINESS WIRE)–Newmont Mining Corporation’s (NYSE: NEM) (Newmont or the Company)
President and Chief Executive Officer, Gary Goldberg, has signed
the World Economic Forum’s (WEF) ‘Compact for Responsive and Responsible
Leadership’ on behalf of the Company.
The Compact is sponsored by the International Business Council of the
WEF and commits signatory businesses and their boards of directors to
creating a corporate governance framework with a focus on the long-term
sustainability of corporations and the long-term goals of society.
“Newmont aligns its business goals with the long-term interests of its
investors, employees and communities,” said Gary Goldberg. “Focusing on
short-term financial gains can distort business priorities and markets,
and destroy opportunities for long-term value creation. We will uphold
the Compact by continuing to work with all stakeholders to create value
and improve lives through sustainable and responsible mining.”
Recently, Newmont was recognized
for leading sustainability performance – and as the most improved
company in the mining sector – in the 2017 Sustainability
Yearbook. The Yearbook is published by RobecoSAM, a sustainability
investment firm that manages one of the most comprehensive databases of
financially material sustainability information in the world. This
database is also used to develop the Dow Jones Sustainability World
Index (DJSI World), which ranked Newmont as the mining industry leader
in both 2016 and 2015.
Newmont was the first gold company named to the Dow Jones Sustainability
Index in 2007. In addition to being named the mining sector’s top
performer overall in 2016 for the second year running, Newmont also
received the industry’s top scores for health and safety, climate
strategy, water management, corporate citizenship, risk and crisis
management, asset closure management and environmental management
More information on Newmont’s safety, economic, environmental and social
performance can be found in the company’s annual sustainability report, Beyond
the Mine. The report is published as part of Newmont’s ongoing
obligations as a founding member of the International
Council on Mining and Metals and in accordance with the company’s
commitments under the United
Nations’ Global Compact and the Voluntary
Principles on Security and Human Rights.
Newmont is a leading gold and copper producer. The Company’s operations
are primarily in the United States, Australia, Ghana, Peru and Suriname.
Newmont is the only gold producer listed in the S&P 500 Index and was
named the mining industry leader by the Dow Jones Sustainability World
Index in 2015 and 2016. The Company is an industry leader in value
creation, supported by its leading technical, environmental, social and
safety performance. Newmont was founded in 1921 and has been publicly
traded since 1925.