Newcrest
Newcrest Mining Limited, commonly referred to as Newcrest, is a leading gold mining company headquartered in Australia. Established in 1966, Newcrest has grown to become one of the largest gold producers globally, with significant operations in Australia, Papua New Guinea, and Canada. The company is renowned for its expertise in exploration, mining, and production of gold and copper, focusing on sustainable practices and innovation. Newcrest's core products include high-quality gold and copper, with a commitment to responsible mining that sets it apart in the industry. The company has achieved notable milestones, including the development of advanced mining technologies and a strong portfolio of assets, such as the Cadia Valley Operations and Lihir Gold Mine. With a robust market position, Newcrest continues to be a key player in the global mining sector, recognised for its operational excellence and commitment to sustainability.
DitchCarbon Score
How does Newcrest's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Salt and Mineral Mining industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Newcrest's score of 22 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Newcrest's reported carbon emissions
In 2023, Newcrest Mining Limited reported total carbon emissions of approximately 2,247,000,000 kg CO2e. This figure includes Scope 1 emissions of about 1,387,000,000 kg CO2e, Scope 2 emissions of approximately 861,000,000 kg CO2e, and Scope 3 emissions of around 870,000,000 kg CO2e. Over the years, Newcrest has shown fluctuations in its emissions, with Scope 1 emissions peaking at about 1,396,000,000 kg CO2e in 2022 and Scope 2 emissions reaching a high of approximately 970,000,000 kg CO2e in 2021. The company has not publicly disclosed specific reduction targets or initiatives as part of its climate commitments, indicating a potential area for improvement in its sustainability strategy. Newcrest's emissions intensity metrics reveal a GHG emissions intensity of about 32,000 kg CO2e per tonne of ore milled in 2023, and approximately 27,135 kg CO2e per troy ounce of gold produced. These figures highlight the company's ongoing efforts to monitor and report its carbon footprint, although further commitments to reduction targets would enhance its climate strategy.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 1,288,105,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 817,802,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Newcrest is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
