Newmont Corporation, commonly referred to as Newmont, is a leading gold mining company headquartered in the United States. Established in 1921, Newmont has grown to become a prominent player in the mining industry, with significant operations across North America, South America, Australia, and Africa. Specialising in the exploration, extraction, and production of gold, Newmont is renowned for its commitment to sustainable mining practices and innovation. The company’s core products include gold and copper, with a focus on delivering high-quality resources while minimising environmental impact. As a pioneer in the sector, Newmont has achieved numerous milestones, including being the first gold company to be included in the S&P 500 Index. With a strong market position, Newmont continues to set industry standards in safety, sustainability, and operational excellence.
How does Newmont'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.
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.
Newmont's score of 55 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Newmont reported significant carbon emissions, totalling approximately 6,500,000,000 kg CO2e across its operations. This figure includes about 5,000,000,000 kg CO2e from Scope 1 and 2 emissions combined, and approximately 6,600,000,000 kg CO2e from Scope 3 emissions, which encompass indirect emissions from the supply chain and product use. Newmont has set ambitious climate commitments, aiming for a 32% reduction in Scope 1 and 2 emissions by 2030, using a 2018 baseline. This target aligns with their broader goal of achieving a 30% reduction in Scope 3 emissions by 2030, based on a 2019 baseline. Furthermore, Newmont is committed to becoming carbon neutral by 2050, which will involve implementing carbon removal strategies to offset residual emissions that cannot be eliminated. These initiatives reflect Newmont's dedication to addressing climate change and reducing its overall carbon footprint in the mining sector. The company is actively working towards these targets, demonstrating a proactive approach to sustainability and environmental responsibility.
Access structured emissions data, company-specific emission factors, and source documents
2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | - | - | - | - | 0,000,000,000 | 0,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - | - |
Scope 2 | 984,334,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - | - |
Scope 3 | - | - | - | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Newmont is participating in some of the initiatives that 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.