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 82% 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. For instance, in 2022, the company recorded total emissions of about 2,224,000,000 kg CO2e, with Scope 1 at approximately 1,398,000,000 kg CO2e and Scope 2 at around 843,000,000 kg CO2e. In 2021, total emissions were about 2,207,000,000 kg CO2e, with Scope 1 emissions of approximately 1,368,000,000 kg CO2e and Scope 2 emissions of about 970,000,000 kg CO2e. Despite these figures, Newcrest has not publicly disclosed specific reduction targets or initiatives aimed at decreasing its carbon footprint. The absence of documented reduction targets suggests that while the company is aware of its emissions, it may not have formalised commitments to reduce them in line with industry standards or climate pledges. Overall, Newcrest's emissions data reflects the challenges faced by mining companies in managing their carbon outputs, highlighting the need for ongoing efforts in sustainability and emissions reduction.
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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.
