Newmont leading on environmental responsibility, gender balance
Newmont Goldcorp (NYSE: NEM) (TSX: NGT), the world’s No. 1 gold miner, announced this week that it earned a ‘B’ in CDP’s (formerly known as the Carbon Disclosure Project) climate change assessment.
In a press release, the miner said that the designation recognizes its strong climate governance and financial planning in response to climate-related impacts.
“With more than 8,400 companies evaluated through CDP, Newmont ranked above average for all responders in the metallic minerals mining sector and all business sectors in North America and globally,” the media brief states.
The Colorado-based company also reported being included in Bloomberg’s Gender-Equality Index for the second year in a row.
According to Newmont, its inclusion on the list of 325 companies spanning 50 industries globally highlights management efforts to advance qualified women in the workplace.
“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,” Tom Palmer, Newmont’s president and CEO, said in the release. “Aligning our business strategy with the interests of our shareholders and stakeholders through leading ESG practices is key to creating sustainable, long-term value in the years and decades ahead.”