Newmont Publishes 2023 Sustainability Report and 2023 Tax & Royalties Report - Seite 2
Our commitment to sustainability is crucial to achieving our purpose of creating value and improving lives through sustainable and responsible mining. From supporting our workforce to implementing sustainable practices and meeting our financial obligations, we will continue striving for excellence in everything we do.
Newmont’s 2023 Sustainability Report was prepared in accordance with the GRI (Global Reporting Initiative) Standards including the Mining and Metals Sector Supplement, and the Sustainability Accounting Standards Board (SASB) Metals & Mining Standard. The Report was externally assured on select publicly reported material data, reflecting Newmont’s commitment to transparency and reporting obligations as a founding member of the International Council on Mining and Metals (ICMM), and as an early adopter of the UN Guiding Principles Reporting Framework.
Highlights of Newmont’s 2023 Taxes and Royalties Contribution Report:
Our strong sustainability focus also delivered significant economic benefits for our stakeholders, as detailed in our third annual Taxes and Royalties Contribution Report. The report outlines our tax strategy and payments to communities and governments where we operate – revenue sources that foster development and economic stability in our host countries. In 2023 we:
- Paid $1.3 billion in taxes, royalties and other payments to governments, representing 13.3 percent of our total economic contribution.
- Distributed $9.8 billion in direct economic contributions, including wages and benefits, operating and capital spend, and community investments.
To learn more about Newmont’s approach to sustainability and related disclosures, visit www.newmont.com/sustainability.
About Newmont
Newmont is the world’s leading gold company and producer of copper, zinc, lead, and silver. The company’s world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social, and governance practices. Newmont is an industry leader in value creation, supported by robust safety standards, superior execution, and technical expertise. Founded in 1921, the company and has been publicly traded since 1925.
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At Newmont, our purpose is to create value and improve lives through sustainable and responsible mining. To learn more about Newmont’s sustainability strategy and initiatives, go to www.newmont.com.
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The Newmont Corporation Stock at the time of publication of the news with a raise of +1,00 % to 36,49EUR on Tradegate stock exchange (18. April 2024, 13:57 Uhr).