Newmont has published in 2024 sustainability, and taxes and royalties contribution reports, underscoring its commitment to environmental, social and governance (ESG) practices and transparency.
Newmont chief executive officer Tom Palmer said the company continued to strengthen its position as a leading gold company while embedding sustainability in 2024.
“These reports highlight how we are realising our potential by operating responsibly, fostering resilience in our workforce and host communities, and delivering long-term value for all stakeholders,” he said.
Key highlights from the 2024 sustainability report included $2.6 billion spent with local suppliers, women representing 33 per cent of Newmont’s senior leadership and 50 per cent of its executive leadership, and earning the Copper Mark and Molybdenum Mark certifications for responsible mining practices.
In its taxes and royalties contribution report, Newmont detailed $16 billion in total economic contributions, including $1.9 billion paid in taxes and royalties to governments, and $69 million invested in community projects and programs.
“In generating $16 billion in economic contributions for the people and communities in which we operate, we are living our purpose to create value and improve lives through sustainable and responsible mining,” Palmer said.
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