Newcrest Mining Limited, commonly referred to as Newcrest, is a leading player in the chemical and fertilizer minerals sector, specialising in salt and various mining and quarrying products. Headquartered in Australia, Newcrest operates primarily in regions rich in mineral resources, contributing significantly to the global mining landscape since its establishment in 1966.
The company is renowned for its commitment to sustainable mining practices and innovation in mineral extraction. Newcrest's core products include gold and copper, with a focus on high-quality output that sets it apart from competitors. Over the years, Newcrest has achieved notable milestones, including advancements in technology and safety, solidifying its position as a market leader in the mining industry. With a strong emphasis on environmental stewardship, Newcrest continues to shape the future of mining while delivering value to its stakeholders.
+28 vs industry average
Newcrest’s score of 47 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Salt and Mineral Mining has above-average carbon intensity
Industry performance
The Salt and Mineral Mining industry has reduced its overall emissions by 42% since 2018
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Newcrest's reported carbon emissions
Newcrest, headquartered in Australia and operating in the chemical and fertilizer minerals, salt and other mining and quarrying products sector, reported total emissions of approximately 22.47 billion kg CO2e for the fiscal year 2023. This total comprises Scope 1 emissions of about 1.39 billion kg CO2e, Scope 2 emissions of approximately 861 million kg CO2e, and Scope 3 emissions of about 870 million kg CO2e.
For the fiscal year 2022, Newcrest's total emissions were approximately 2.30 billion kg CO2e, with Scope 1 at about 1.40 billion kg CO2e, Scope 2 at roughly 901 million kg CO2e, and Scope 3 at approximately 741 million kg CO2e. In 2021, total emissions stood at about 2.21 billion kg CO2e, including Scope 1 of approximately 1.37 billion kg CO2e, Scope 2 of about 843 million kg CO2e, and Scope 3 of around 704 million kg CO2e. Prior to 2021, Scope 3 data was not fully disclosed.
Newcrest has set a target of achieving net zero carbon emissions by 2050, encompassing both Scope 1 and Scope 2 emissions. Furthermore, the company aims for a 30% reduction in Scope 1 and Scope 2 greenhouse gas emissions intensity per tonne of ore milled by 2030, with a baseline set in 2018. Newcrest also strives to reduce its Scope 3 emissions across its value chain.
The emissions data for Newcrest is reported as being cascaded from Newcrest Mining Limited, with its SBTi reduction targets originating from Newmont Corporation.
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Newcrest’s Climate Goals (2030 & 2050)
5 goals2050
Newcrest set a goal to achieve net zero carbon emissions by…
Newcrest set a goal to achieve net zero carbon emissions by 2050, which relates to its Scope 1 and Scope 2 emissions, although Newcrest will…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
4 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative
Inherited from Newmont Corporation
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
Inherited from Newmont CorporationRE 100
Climate Action 100
Emissions comparison with industry peers
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