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.
+45 vs industry average
Newmont’s score of 63 is higher than 84% 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 66% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Newmont's reported carbon emissions
In 2025, Newmont Corporation reported approximately 2.26 billion kg CO2e in Scope 1 emissions. The company has set ambitious climate commitments, aiming for a 32% reduction in absolute Scope 1 and 2 emissions by 2030, using a 2018 baseline. This target aligns with their broader goal of achieving carbon neutrality by 2050. In 2024, Newmont's emissions included approximately 2.73 billion kg CO2e from Scope 1, 2.11 billion kg CO2e from Scope 2, and 7.70 billion kg CO2e from Scope 3, totalling approximately 12.54 billion kg CO2e. The company is also committed to reducing Scope 3 emissions by 30% by 2030, based on a 2019 baseline. Newmont's climate strategy is supported by the Science Based Targets initiative (SBTi), which confirms that their targets are consistent with the reductions needed to limit global warming to well below 2°C. The company has made significant strides in its emissions reduction initiatives, demonstrating a commitment to sustainability within the mining sector.
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Newmont’s Climate Goals (2030 & 2050)
10 goals2030
32% reduction in all scopes
announced science-based, GHG emissions reduction targets of 32% for Scope 1 and Scope 2 and 30% for Scope 3 by 2030 ("2030 climate targets")
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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Newmont
Frequently asked questions
Common questions about Newmont’s sustainability data and climate commitments
Data year: 2024
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