Newmont Corporation, commonly referred to as Newmont, is a leading player in the chemical and fertiliser minerals, salt, and other mining and quarrying products sector. Headquartered in the United States, the company operates across various regions, including North America, South America, Australia, and Africa, reflecting its global footprint. Founded in 1921, Newmont has established a long-standing reputation for its expertise in extracting and processing essential minerals.
The company’s core offerings include a diverse range of products such as copper, gold, and other mineral commodities, with a focus on sustainable and responsible mining practices. Recognised for its market leadership and commitment to innovation, Newmont has achieved notable milestones in operational efficiency and environmental stewardship, positioning itself as a key player in the mining industry.
+65 vs industry average
Newmont’s score of 83 is higher than 100% 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
Newmont Corporation, headquartered in the US and operating in the chemical and fertilizer minerals, salt, and other mining and quarrying products sector, has demonstrated a commitment to reducing its carbon emissions.
Emissions Overview:
- 2025: Total emissions were approximately 10.36 billion kg CO2e. This includes Scope 1 emissions of approximately 2.26 billion kg CO2e, Scope 2 emissions of approximately 2.11 billion kg CO2e, and Scope 3 emissions of approximately 5.7 billion kg CO2e.
- 2024: Total emissions were approximately 8.07 billion kg CO2e. Scope 1 emissions amounted to roughly 2.73 billion kg CO2e, Scope 2 emissions were approximately 2.11 billion kg CO2e, and Scope 3 emissions totalled around 3.23 billion kg CO2e (note: Scope 3 total for 2024 is an estimate, as it was not directly provided but inferred from components).
- 2023: Total emissions were approximately 12.13 billion kg CO2e. Scope 1 emissions were approximately 1.54 billion kg CO2e, Scope 2 emissions (market-based) were approximately 1.33 billion kg CO2e, and Scope 3 emissions were approximately 7.7 billion kg CO2e.
- 2022: Scope 1 emissions were approximately 1.77 billion kg CO2e, and Scope 2 (market-based) emissions were approximately 1.56 billion kg CO2e. Scope 3 data for this year was not provided.
- 2021: Scope 1 emissions were approximately 1.74 billion kg CO2e, and Scope 2 (market-based) emissions were approximately 1.83 billion kg CO2e. Scope 3 data was not provided.
- 2020: Scope 1 emissions were approximately 1.61 billion kg CO2e, and Scope 2 (market-based) emissions were approximately 1.85 billion kg CO2e. Scope 3 data was not provided.
Climate Commitments and Reduction Targets:
Newmont has established ambitious climate targets, including:
- By 2030: A reduction of 32% in absolute Scope 1 and 2 greenhouse gas (GHG) emissions, using a 2018 baseline.
- By 2030: A reduction of 30% in absolute Scope 3 GHG emissions, using a 2019 baseline.
- By 2050: The company aims to achieve carbon neutrality.
These targets are aligned with the Science Based Targets initiative (SBTi) and are classified as "Well-below 2°C" warming scenarios. Newmont is committed to its Energy and Climate Strategy, working towards these decarbonisation goals.
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Newmont’s Climate Goals (2030 & 2050)
10 goals2030
32% reduction in Scope 1
Since 2020, Newmont’s public climate targets have been to reduce greenhouse gas (GHG) emissions by 32 percent for Scope 1 and 2 (compared to…
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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