Newmont, this week, has been recognised by a trio of independent organisations for its management performance and social responsibility, action on climate-related issues and advancing women in the workplace.
The leading gold miner, which is scheduled to produce 6.4 Moz of gold in 2020, ranked as the top mining company on FORTUNE’s 2020 list of the World’s Most Admired Companies based on an in-depth global survey conducted by the magazine. It posted strong scores across several dimensions, including quality of management, social responsibility, long-term investment, people management and innovation, it said.
At the same time as this, for 2019, Newmont earned a ‘B’ in CDP’s (formerly known as the Carbon Disclosure Project) Climate Change assessment, reflecting the company’s coordinated action on climate issues.
“Newmont was recognised for strong climate governance and financial planning in response to climate-related impacts,” the miner said, adding that it ranked above average for all responders in the metallic minerals mining sector and all business sectors in North America and globally.
For the second consecutive year, Newmont was also included in Bloomberg’s Gender-Equality Index (GEI) for the company’s efforts to advance qualified women in the workplace. Newmont is one of 325 companies, spanning 50 industries globally, to be included in this year’s GEI.
Tom Palmer, President and Chief Executive Officer, said: “Continuing to thrive in our next 100 years will require strong and transparent corporate governance, responsible environmental stewardship, and a diverse and inclusive workplace that allows us to attract and retain top talent.
“Aligning our business strategy with the interests of our shareholders and stakeholders through leading environmental, social and governance (ESG) practices is key to creating sustainable, long-term value in the years and decades ahead.”
In December, Newmont was ranked the top mining company in Newsweek’s first-ever list of America’s Most Responsible Companies for 2020. Of the 300 businesses selected for inclusion in Newsweek’s index, the company placed 39th overall.
This followed, in September 2019, Newmont being named the top global gold mining company on the Dow Jones Sustainability World Index for the fifth consecutive year, being the overall mining and metals industry leader for four of those years.
