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 60 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Newmont reported total emissions of approximately 2,110,580,000 kg CO2e for Scope 1 and 2 combined, while Scope 3 emissions reached about 5,000,000,000 kg CO2e, broken down into various categories including investments (1,971,050,000 kg CO2e) and purchased goods and services (2,213,335,000 kg CO2e). Newmont has set ambitious climate commitments, aiming for a 32% reduction in Scope 1 and 2 emissions by 2030 from a 2018 baseline, and a 30% reduction in Scope 3 emissions from a 2019 baseline. The company is also committed to achieving carbon neutrality by 2050, which will involve carbon removal strategies to offset residual emissions that cannot be eliminated. These targets align with industry standards and reflect Newmont's proactive approach to addressing climate change, demonstrating a commitment to sustainability within the mining sector.
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 | 0,000,000,000 | 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 | 984,334,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 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 |
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.