Newmont
Newmont Corporation, a leading gold mining company, is headquartered in Denver, Colorado, with significant operations across North America, South America, Australia, and Africa. Founded in 1921, Newmont has established itself as a pioneer in the mining industry, achieving numerous milestones, including being the first gold company to be included in the S&P 500 Index. Specialising in the exploration, mining, and production of gold, Newmont is renowned for its commitment to sustainable practices and innovation. The company’s core products include gold, copper, and silver, with a focus on responsible mining that prioritises environmental stewardship and community engagement. As one of the largest gold producers globally, Newmont's market position is bolstered by its extensive portfolio of high-quality assets and a strong emphasis on safety and operational excellence.
DitchCarbon Score
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.
Industry Average
Mean score of companies in the 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
Newmont's score of 42 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Newmont's reported carbon emissions
In 2023, Newmont Corporation reported total greenhouse gas emissions of approximately 2.54 million tonnes CO2e, comprising 1.54 million tonnes from Scope 1 and about 1.34 million tonnes from Scope 2 emissions. The company has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 emissions by 32% by 2030, using 2018 as the baseline year. Additionally, Newmont plans to decrease its Scope 3 emissions by 30% by 2030, with 2019 as the reference year. Newmont's emissions data reflects a commitment to sustainability within the mining sector, aligning with industry standards for climate action. The company also aims to achieve a 32% reduction in emissions per Gold Equivalent Ounce (GEO) within the same timeframe. These targets are part of Newmont's broader strategy to mitigate climate impact and contribute to global efforts to limit temperature rise to well below 2°C.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 181,682,000 | 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 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 743,949,000 | 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 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 134,713,000 | 000,000,000 | 000,000,000 | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - |
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.
Newmont is committed to some 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.
