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 45 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 2023, Newmont Corporation reported total greenhouse gas emissions of approximately 2,874,000,000 kg CO2e. This includes Scope 1 emissions of about 1,540,000,000 kg CO2e and Scope 2 emissions of approximately 1,334,000,000 kg CO2e. The company has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 GHG emissions by 32% by 2030 from a 2018 baseline. Additionally, Newmont plans to reduce its Scope 3 emissions by 30% by 2030, using a 2019 baseline. Newmont's emissions data reflects a commitment to sustainability within the mining sector, aligning with industry standards for climate action. The company has also committed to reducing its GHG emissions per Gold Equivalent Ounce (GEO) by 32% within the same timeframe. These targets are classified as "well-below 2°C" in accordance with the Science Based Targets initiative (SBTi), demonstrating Newmont's proactive approach to mitigating climate change impacts.
Access structured emissions data, company-specific emission factors, and source documents
2012 | 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 | - |
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.