Newmont Publishes 2024 Sustainability and Taxes & Royalties Reports

 Newmont Corporation today published its 2024 Sustainability Report and its 2024 Taxes & Royalties Contribution Report emphasizing the company’s environmental, social and governance (ESG) performance and fiscal transparency over the past year.

“In 2024, we continued to strengthen our position as the world’s leading gold company while embedding sustainability across all aspects of our business,” said Tom Palmer, chief executive officer of Newmont. “These reports highlight how we are realizing our potential by operating responsibly, fostering resilience in our workforce and host communities, and delivering long-term value for all stakeholders. In generating $16 billion in economic contributions for the people and communities in which we operate, we are living our purpose to create value and improve lives through sustainable and responsible mining.”

Highlights of Newmont’s 2024 Sustainability Report:

• Led the mining sector on the Dow Jones Sustainability Index for the ninth consecutive year.
• Spent $2.6 billion with local suppliers.
• Women represented 33% of our senior leadership and 50% of our Executive Leadership Team.
• Earned both The Copper Mark and The Molybdenum Mark at Cadia, certifications for responsible mining practices.
• Reclaimed 192 hectares of land, exceeding our target by 30 hectares.
• Conducted a comprehensive safety systems review following the tragic loss of five colleagues within a 12-month period, paving the way for our commitment to driving an “always safe” approach in 2025 and beyond.

Newmont’s 2024 Sustainability Report was prepared in accordance with the GRI (Global Reporting Initiative) Standards including the G4 Mining and Metals Sector Disclosure, and the Sustainability Accounting Standards Board (SASB) Metals & Mining Standard. Select publicly reported material data was externally assured, reflecting Newmont’s commitment to transparency and reporting obligations as a founding member of the International Council on Mining and Metals (ICMM) and as an early adopter of the UN Guiding Principles Reporting Framework.

Highlights of Newmont’s 2024 Taxes & Royalties Contribution Report:

• $16 billion in total economic contributions, including:
  • $1.9 billion paid in taxes and royalties to governments, representing nearly 12% of total economic value distributed.
  • $69 million invested in community projects and programs.