Newmont Corporation has published its 2022 Climate Report, outlining how the company understands and is working to address climate change.
The report, which has been prepared in alignment with the Recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), will explain how Newmont is managing physical and transition climate risks and enhancing resiliency within the business, to climate impacts and reducing their greenhouse gas emissions.
Highlights from the 2022 Climate Report include:
- Advancing renewable energy projects at Boddington and Tanami that have the potential to reduce emissions by up to one million tonnes of carbon dioxide equivalent
- Progressing the Vision Zero program – Newmont’s strategic alliance with Caterpillar – to trial zero emissions battery electric haul systems for surface and underground operations
- Surveying and engaging key suppliers and customers to incorporate emission reduction targets or decarbonisation commitments into contracts
- Partnering with the U.S. National Renewable Energy Laboratory on research related to carbon sequestration in mine tailings
Newmont president and CEO, Tom Palmer, said, “Climate change is one of the greatest global challenges of our time and its impact on our earth and our business is undeniable. We believe that industries that create value — like mining — have a responsibility to drive bold actions and innovation to facilitate the transition to a low-carbon economy.”
Newmont’s report complements the recently published 2022 Sustainability Report and reinforces its commitment to provide stakeholders with a transparent and detailed look at the company’s environmental, social and governance (ESG) performance and practices.
