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 36 is higher than 92% 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, headquartered in Australia, reported total carbon emissions of approximately 2,247,000,000 kg CO2e. This figure includes 1,387,000,000 kg CO2e from Scope 1 emissions, 861,000,000 kg CO2e from Scope 2 emissions, and 870,000,000 kg CO2e from Scope 3 emissions. The company has shown a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. In previous years, Newcrest's emissions were as follows: in 2022, total emissions were about 2,224,000,000 kg CO2e; in 2021, approximately 2,207,000,000 kg CO2e; in 2020, around 2,272,026,000 kg CO2e; and in 2019, about 2,288,000,000 kg CO2e. The company has consistently reported emissions across all three scopes, indicating a comprehensive approach to tracking its environmental impact. Newcrest's emissions intensity metrics reveal that in 2023, the GHG emissions intensity by ore milled was about 32,000 kg CO2e per tonne, while the intensity by gold produced was approximately 27,135 kg CO2e per troy ounce. These figures reflect the company's ongoing efforts to monitor and manage its emissions in relation to production outputs. While Newcrest has not set specific reduction targets or made formal climate pledges, its emissions data suggests a focus on sustainability and environmental responsibility within the mining industry.
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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.
