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1、2023 SUSTAINABILITY REPORTTABLE OF CONTENTSTo review other related documents,please visit the new Disclosure and Transparency Hub on our website.2023 At-a-glance 32023 Summary 4Letter from Our President and Chief Executive Officer 5Letter from Our Safety and Sustainability Committee Chair 7Overview
2、9Public Sustainability Targets 11Our Business 16Our Approach to Sustainability 19Leadership Reflections 29Suzy Retallack,Executive Vice President and ChiefSafetyand Sustainability OfficerNatascha Viljoen,Executive Vice President and ChiefOperating OfficerKaryn Ovelmen,Executive Vice President and Ch
3、iefFinancial OfficerGovernance 33Corporate Governance 35Business Integrity and Compliance 36Risk Management System 39Sustainability Compliance and Assurance 41Responsible Sourcing 45Social 47Health,Safety and Security 49People and Culture 53Human Rights 56Social Acceptance 64Environment 69Energy and
4、 Climate Change 71Water Stewardship 72Tailings Management 82 Biodiversity 86Closure and Reclamation 89Materials 92Economic 94Value Sharing 96Performance Data 104Reporting Index 106About This Report 108Cover Photo:British Columbia,CanadaFor details on the scope of this report(i.e.,sites and locations
5、 included or not included and references to the Goldcorp and Newcrest acquisitions),please see the About This Report section.HOW TO USE THIS REPORTThis report uses interactive features to link to various parts of the report or access additional content online.Access Table of Contents Hyperlink to sp
6、ecific content in the report Link to more information on our website Link to priority topic PDF Link to online leadership video Link to 2023 performance dataHyperlinks within content to references externally or withinthis report2023 Sustainability ReportNewmont Corporation22023 AT-A-GLANCEA Transfor
7、mative Year Shaping Newmonts FutureThe close of the Newcrest acquisition in November 2023 demonstrates our commitment todeliver on one of our key value propositions to establish a newsustainability standard inresponsible gold and coppermining.This report reflects the transformation Newmont is underg
8、oing,including the following:SHIFT TO MANDATORY REPORTINGThe new U.S.Securities and Exchange Commission climate disclosure rules and other anticipated regulations require strong internal controls and procedures.We discuss how we are preparing to comply with these new regulations in the Sustainabilit
9、y Compliance and Assurance section.PERFORMANCE FOCUS This report focuses on our 2023 performance.Information about the governance,risk management,and our strategy and management approach for eachmaterial issue,which has previously been included in the report,is now available on our new Disclosure an
10、d Transparency Hub onour website.NEWCREST INTEGRATIONContinuing our journey toward industry-leading sustainability practices involves integrating systems and aligning on standards,performance metrics and targets.We began this effort in 2023 and will continue throughout 2024.Details of the Newcrest d
11、isclosures included in this report and our 2023 Performance Data tables are in About This Report.2023 Sustainability ReportNewmont Corporation32023 Sustainability ReportPhoto:Cerro Negro,Argentina2023 SUMMARYFulfilled commitment to contribute$20M to support host communities and countries addressing
12、theimpacts of the COVID-19 pandemic Conducted investigation into fatality at our Brucejack mine and began applying the lessons learned across the enterprise Fully met three,mostly met five and missed two annual public targets$4.7Bin direct economic contributions,including salaries,taxes,royalties,pa
13、yments to governments and community contributions Committed to being an early adopter of the Taskforce on Nature-related Financial Disclosures(TNFD),a new framework for disclosing nature-related risks and opportunities Completed self-assessments for all 11priority facilities to support ongoing confo
14、rmance with Global Industry Standard on Tailings Management 42023 Sustainability ReportNewmont CorporationPhoto:Cerro Negro,ArgentinaLETTER FROM OUR PRESIDENT AND CHIEFEXECUTIVE OFFICER“The year demonstrated our teams unwavering commitment to long-term goals,prioritizing sustainable solutions over s
15、hort-term gains.Thisquality sets Newmont apart,reflecting the depth of character within our organization.”TOM PALMER,President and Chief Executive OfficerDear Stakeholders,Reflecting on 2023,it stands out as a remarkable year for Newmont marked by transformational change that touched the lives of ev
16、ery one of our team members.What I am particularly proud of is the consistent display of resilience and thoughtful decision-making amidst significant challenges and uncertainties.RECOMMITTING TO A FATALITY-FREE WORKPLACEOur most important measure of success is,and must always be,keeping everyone who
17、 works at Newmont healthy and safe.Sadly,we recently lost four of our colleagues over a four-month period Adam Kennedy at our Brucejack mine,Ike Cobbinah Morrison at our Ahafo North project,and Rosana Ledesma and Daniel Ochoa at our Cerro Negro mine.These tragic incidents remind us of the inherent r
18、isks in mining and underscore the importance of constant vigilance and adherence to the critical controls that must be in place before undertaking a task.Along with conducting thorough investigations into these incidents and ensuring we learn and hardwire those learnings back into our systems,we hav
19、e intensified our efforts to strengthen our visible felt leadership,our Fatality Risk Management(FRM)system and fundamental safety tools and practices.With humility and determination,we renew our commitment to providing a workplace free of fatalities,injuries and illnesses.CREATING THE WORLDS LEADIN
20、G GOLD MINING BUSINESSThis year involved navigating changes and uncertainties associated with Newmonts acquisition of Newcrest.This historic transaction combined two top gold producers,setting a new standard for responsible gold and copper mining.Our combined portfolio now includes high-quality oper
21、ations,projects and reserves concentrated in low-risk jurisdictions that are poised to deliver lasting returns while supporting best-in-class sustainability performance.Recognizing the need for strong and experienced leadership during this transformative period,we made significant leadership appoint
22、ments to ensure our purpose and values guide our decision-making and problem-solving during integration activities.In October,Natascha Viljoen joined Newmont as Chief Operating Officer(COO),responsible for our Australia,North America and Papua New Guinea business units with Rob Atkinson serving as o
23、ur COO for our Africa,Latin American and Caribbean(LATAC)and Peru business units and global projects.Natascha assumed full accountability for all business units in the COO portfolio on March 1,2024,leading a team of Managing Directors,each responsible for one of our six business units.Given our grow
24、ing presence in Australia,we appointed a member of our Executive Leadership Team,Suzy Retallack,to be based in Australia and lead our policy development and advocacy,strategic initiatives and engagement with industry bodies to further enhance Newmonts standing in the region.Suzy also serves as our C
25、hief Safety and Sustainability Officer.These changes reinforce an organizational structure that can effectively manage our expanded portfolio and embrace opportunities on the horizon.Post-transaction close in November,our focus shifted to integrating Newcrests team members and assets into Newmonts e
26、stablished operating model.We prioritized investing in our workforce and continuing our journey toward industry-leading sustainability practices.2023 Sustainability ReportNewmont Corporation5DEMONSTRATING OUR VALUESOne of the biggest challenges we faced during the year was at our Peasquito operation
27、 in Mexico.In June,the union representing employees at the mine,initiated a strike demanding the Company pay additional profit sharing,equivalent to double the amount agreed upon the previous year during the collective bargaining negotiation cycle,and alleging other violations of the agreement.In Oc
28、tober,we reached a resolution with the union and focused on the safe return of our teams to work and restart of operations.Throughout the period of the strike action,we held steadfast to our values,honoring the collective bargaining agreement in place and protecting the long-term value of the mining
29、 operation for our workforce,local communities and all stakeholders.This strike action caused significant hardship for many people,and I commend everyone who navigated the challenges and made decisions aligned with Newmonts values.In contrast to the difficulties posed by the strike,we advanced the o
30、pportunity to transform our workplace culture by addressing harassment,discrimination,bullying and racism.Building on insights from hundreds of interviews and conversations with employees throughout 2022,we have designed a multi-year program aimed at fostering a workplace environment where everyone
31、feels physically and psychologically safe and is treated with respect.STAKEHOLDER ENGAGEMENT Our commitment to collaborating with communities to address challenges and create business and career opportunities is implemented through various initiatives.For instance,the Stope School,launched in 2020 a
32、t our Musselwhite operation in Canada,provides essential mining skills training for local Indigenous candidates,offering a meaningful career path.In 2023,295 applicants vied for 10 spots,with 80 percent from signatory and affiliate First Nations communities in the Musselwhite and Mishkeegogamang Agr
33、eement.In Ghana,Newmonts Local Economic Diversification Support(LEDS)program invested nearly$4 million to establish the Asutifi Processing and Services Centre(APSC)pepper and ginger factory at Ahafo.The center,inaugurated in 2023,collaborates with over 1,000 farmers and 80 farmer-based organizations
34、,processing chili peppers and ginger for local and export markets.In Peru,Yanacochas foundation,Los Andes de Cajamarca Association(ALAC),partnered with the United Nations World Food Program to empower local communities through financial inclusion and entrepreneurship.The partnership builds on the su
35、ccess of the 2008 UNICA initiative(a micro-credit program),and today over 530 credit unions serve more than 9,000 community members,of whom 58percent are women.The partnership directs resources to enhance local capacity for nutrition,food security and economic independence.ADVANCING ENVIRONMENTAL ST
36、EWARDSHIP PRACTICESBeing responsible stewards of the environment means adopting elevated standards and pursuing innovative opportunities.The Global Industry Standard on Tailings Management(GISTM)sets intentionally high benchmarks for tailings management in the mining industry,incorporating social,en
37、vironmental,economic and technical factors at every facility.The standards overarching goal is zero harm to both people and the environment.We completed self-assessments for our 11 priority facilities(those with“extreme”or“very high”consequence classification)to support ongoing conformance to GISTM.
38、We will continue to focus on enhancing the Companys level of conformance for priority facilities in parallel with activities to achieve conformance for non-priority facilities by August 2025.As the momentum grows for adopting nature-positive approaches that enhance various aspects of the environment
39、,we announced in January 2024 our commitment to be an early adopter of the Taskforce on Nature-related Financial Disclosures(TNFD)guidelines.These guidelines encompass land,fresh water,ocean and non-greenhouse gas air emissions and require organizations to establish nature metrics and targets.We aim
40、 to disclose our results against this framework,starting with our 2025 reporting.To advance our water stewardship goals and climate strategy,we established a partnership with Piteau Associates to develop industry-leading predictive water balance models across all sites.This work integrates the clima
41、te projections we developed with the National Center for Atmospheric Research(NCAR)into site water balance models to enhance project planning and bolster site resilience.We also continued to advance our strategic alliance with Caterpillar(CAT)to develop innovative emissions reduction solutions.CAT s
42、uccessfully completed its first prototype for a battery electric underground mining truck in 2023,a pivotal step demonstrating progress in our collaboration.At our Cripple Creek&Victor site,we started the groundwork and pre-work for the anticipated arrival of Caterpillars prototype battery electric
43、haul truck in the second half of 2024,marking a significant milestone.These are exciting developments in our progress to reduce greenhouse gas emissions and achieve net-zero carbon by 2050.As part of our activities to integrate our new-to-Newmont operations,we have started work on reviewing and reca
44、lculating our baseline data.In May of this year,we will provide an update on our climate performance,largely focused on activities before the Newcrest acquisition.Then later this year,we plan to publish a more detailed report that includes a rebaselining of our 2030 emissions reduction targets to re
45、flect our current operating portfolio and an update on the climate scenario analyses we use to test Newmonts resilience to potential risks and opportunities associated with climate change.LOOKING AHEADThe year demonstrated our teams unwavering commitment to long-term goals,prioritizing sustainable s
46、olutions over short-term gains.This quality sets Newmont apart,reflecting the depth of character within our organization.This is a very exciting and transformative time for Newmont and all our stakeholders.Our diversified portfolio reflects a steadfast commitment to do more than gold producing the e
47、ssential metals for the transition to a low-carbon future and making a meaningful difference for stakeholders and the world.As we move forward,we aim to build on the successes of 2023 and uphold the principles that demonstrate Newmonts resilience,integrity and excellence.Tom Palmer,President and Chi
48、ef Executive Officer2023 Sustainability ReportNewmont Corporation6Letter from Our President and ChiefExecutive OfficerLETTER FROM OUR SAFETY AND SUSTAINABILITY COMMITTEE CHAIRDear Stakeholders,As Chair of the Safety and Sustainability Committee,I am honored to provide an update on the Committees act
49、ions in 2023 to support the Board of Directors in overseeing Newmonts safety and sustainability performance.While acknowledging the many accomplishments achieved through the hard work of individuals and teams across Newmont,it is crucial to recognize the shifting social,political and environmental c
50、hallenges facing the Company,the broader industry and the world.The ever-evolving landscape requires a deep and agile understanding of sustainability risks,trends and stakeholder perspectives coupled with robust strategies and plans.In 2023,the Committees quarterly meetings covered a comprehensive a
51、genda,discussing with management a diverse range of matters related to health,safety,security,external relations,social performance and environmental management performance.These meetings also included in-depth examinations of key programs,strategies and challenges,and updates on integration activit
52、ies related to the Newcrest acquisition.Committee members also participated in three out-of-cycle meetings to review specific strategies,such as the Companys evolving energy,climate and decarbonization strategy,and to review and approve the Companys suite of sustainability reports alongside meetings
53、 with the PwC team that provided external limited assurance on these.HEALTH,SAFETY AND SECURITYWe are deeply saddened by the loss of four colleagues over the past year Adam Kennedy,Ike Cobbinah Morrison,Rosana Ledesma and Daniel Ochoa.Management promptly briefed the full Board on each incident and c
54、ontinues to share the lessons learned from internal and external investigations and the actions being taken to prevent a reoccurrence of these tragic events.Newmont has made significant strides in its safety journey,but these tragedies serve as a reminder that maintaining a fatality-free workplace r
55、equires constant chronic unease and commitment to verifying and testing the critical controls that must be in place and implemented at all times to prevent potential or actual fatalities.We commend the Company for expanding its Fatality Risk Management program to address the health risks associated
56、with exposures to dust and fumes.Furthermore,Newmonts$94 million investment in fatigue detection technology and camp accommodation improvements since 2020 has reduced fatigue-related incidents to near zero.Due to security challenges at some sites,including national political unrest,worker strikes,an
57、d small-scale mining activities,the Committee received regular updates on current and changing security threats and vulnerabilities.These updates also included information on the efforts to enhance defensive technology systems that predict,monitor and control these risks to our employees and communi
58、ties.The Committee also received updates on the Companys implementation of the Voluntary Principles on Security and Human Rights.SOCIAL PERFORMANCEExpectations of the corporate responsibility to respect human rights continue to evolve,moving from voluntary norms,disclosures and best practices to mor
59、e prescriptive regulatory requirements.This includes the new Modern Slavery Act in Canada,following existing Modern Slavery Acts in the United Kingdom and Australia,and the proposed EU Corporate Sustainability Due Diligence Directive that mandates human rights due diligence.Management provided updat
60、es on how the Company is aligning its human rights and related programs to comply with new regulations and meet growing corporate responsibility expectations.“The Companys resilience and ability to achieve most of its safety and sustainable targets in a challenging and transformative year is a testa
61、ment to managements commitment to fulfilling Newmonts purpose to create value and improve lives through sustainable and responsible mining.”JANE NELSON,Chair,Safety and Sustainability Committee2023 Sustainability ReportNewmont Corporation7Demonstrating the Companys proactive approach to respecting h
62、uman rights,the Committee reviewed the independent assessment that Newmont commissioned to evaluate actual,potential and perceived human rights impacts associated with the resettlement process at the Ahafo North project.We were also kept apprised of developments during the four-month-long strike at
63、the Peasquito operation,focusing on Newmonts commitment to respecting the collective bargaining agreement and freedom of association.Artisanal and small-scale mining(ASM)taking place on or near Newmonts mining concessions continued to present safety,security,environmental and social challenges.Newmo
64、nts multi-pronged approach to ASM includes partnering with small-scale miners to improve their safety,processing and environmental outcomes as well as providing alternative livelihood opportunities.Implementing this multi-pronged approach is crucial in addressing ASM risks as it not only offers indi
65、viduals viable and legal economic alternatives but also contributes to the broader goal of sustainable development and environmental conservation.The special credit facility that Newmont and the Suriname National Development Bank began offering to Pamaka small-scale miners in 2023 is one example,and
66、 an important step toward cultivating new small business opportunities for the communities near the Merian operation.ENVIRONMENTDuring the year,the Committee reviewed and discussed the Companys evolving energy and decarbonization strategy and received strategic updates on other sustainability priori
67、ties and commitments.Each quarter,the Committee reviewed and discussed the Companys environmental performance and risk management across our operations,including:Key activities that are advancing Newmonts transition to a low-carbon economy and helping achieve its 2030 goal to reduce greenhouse gas e
68、missions and achieve net-zero carbon emissions by 2050.Improvements to Newmonts governance and risk management around the safe design,construction,operation and closure of tailings facilities throughout the mine lifecycle.Efforts to reduce water consumption,improve water governance and implement pre
69、dictive tools to support planning for water management across all sites.Tracking of external trends for the shift to nature positive and alignment with the future reporting requirements for the Taskforce on Nature-related Financial Disclosures(TNFD).Details on the Companys updated Closure Strategy a
70、nd five-year strategic plan.Continued advancement of the Path to Zero Cyanide Spills program including reduction in number ofevents and potential consequence.ADVANCING INDUSTRY LEADERSHIPThe acquisition of Newcrest in 2023 was another transformational milestone for Newmont,further expanding our pres
71、ence in major mining jurisdictions and creating new expectations,risks,and opportunities for the Companys industry-leading sustainability performance.Areas of particular focusduring integration include safety,health and hygiene,security risk management,operating in newjurisdictions,managing differen
72、t types of environmental challenges,and building respectful andinclusive workplaces.Following the acquisition close in November,we were pleased to welcome Sally-Anne Layman to the Committee.She brings extensive experience in the mining sector and financial markets.Her deep understanding of Australia
73、s business climate will be invaluable given Newmonts expanded presence inthe country.I also want to express our Committees gratitude to Nick Cotts,Senior Vice President of External Relations,who retired from Newmont in July 2023 after nearly 30 years of service.Nick played a defining role in enhanci
74、ng our community and environmental practices and was integral to our industry-leading approach to sustainability.In addition,we would like to thank Peter Toth,who served as Newmonts Chief Strategy and Sustainability Officer until assuming the role of Chief Development Officer in June 2023.He continu
75、es to advance Newmonts environmental and social performance as a core component of our corporate strategy and business development,and we anticipate ongoing discussions with him and his team on external relations matters.We welcome the appointment of Suzy Retallack as Newmonts Chief Safety and Susta
76、inability Officer.Suzy and the Committee have already worked together extensively in her previous role as Senior Vice President of Health,Safety and Security,and we look forward to working with her and her team in her expanded position to further strengthen Newmonts position as an industry leader in
77、 sustainability.The Companys resilience and ability to achieve most of its safety and sustainable targets in a challenging and transformative year is a testament to managements commitment to fulfilling Newmonts purpose to create value and improve lives through sustainable and responsible mining.Atth
78、e same time,the tragic fatality in Canada,and the growing complexity of the safety and sustainability risks,opportunities and stakeholder expectations that we face as a company and as anindustry point to the necessity of continued rigor and commitment in meeting the responsibilities and specific dut
79、ies outlined in our Committees Charter.Thank you to my fellow Committee membersfor their contributions during 2023.Jane Nelson,Chair,Safety and Sustainability Committee2023 Sustainability ReportNewmont Corporation8Letter from Our Safety and Sustainability Committee ChairOur business is anchored in o
80、ur values and guided by our purpose:to create value and improve lives through sustainable and responsible mining.Our commitment to environmental,social and governance(ESG)principles is fundamental to achieving our purpose.2023 Sustainability ReportNewmont CorporationPhoto:Porcupine,Canada9OVERVIEWPu
81、blic Sustainability Targets 11Our Business 16Our Approach to Sustainability 19Leadership Reflections 29Suzy Retallack,Executive Vice President andChief Safety and Sustainability OfficerNatascha Viljoen,Executive Vice President andChief Operating OfficerKaryn Ovelmen,Executive Vice President andChief
82、 Financial OfficerRanked 2nd among 110companies across the extractive and apparel industries in the2023 Corporate Human Rights Benchmark assessment Assessed and identified 33 highly material sustainability issues on which we focus our public disclosures Over 63%of Board members are gender or ethnica
83、lly diverse Achieved critical milestones in our strategic alliance with Caterpillar to standardize all-electric and autonomous surface and underground mining solutions Photo:Ahafo,Ghana2023 Sustainability ReportNewmont Corporation10PUBLIC SUSTAINABILITY TARGETSPublic sustainability targets underscor
84、e a commitment to transparency,serve as an effective mechanism for managing risks,and provide insights into performance with respect to sustainability impacts.At Newmont,we have shared our performance against our public sustainability targets since 2015.2023 Public Sustainability Target PerformanceO
85、ur public sustainability targets gauge progress in the areas where we strive for continuous improvement.Business units,functions and senior leaders provide input into the targets,and the Board of Directors Safety and Sustainability Committee reviews and approves any changes or additions.For 2023,out
86、 of our 10 annual targets,we fully met three,mostly met five(i.e.,most sites achieved the target but some fell short)and did not meet two.Progress toward the two longer-term goals female representation and climate isongoing.A detailed performance breakdown is provided in the accompanying table.An ov
87、erview of our targets performance is discussed in the accompanying table,with more details provided in the respective sections of this report.2023 PUBLIC SUSTAINABILITY TARGETS Met Mostly met Ongoing Not metSocialTarget definition2023 PerformanceCommentaryMore informationSafetyZero fatalitiesTragica
88、lly,in December 2023,our colleague Adam Kennedy who worked at our Brucejack mine in British Columbia,Canada,was fatally injured while completing shotcreting activities(i.e.,spraying concrete/mortar onto a surface)underground.We are applying lessons learned from our investigation into this incident.H
89、ealth,Safety and SecurityFemale representationAchieve gender parity in senior leadership*roles by 2030*Defined as those in Level 4 and up to Newmonts President and CEO(Level 7),including the Executive Leadership Team.This is an aspirational goal that Newmont is striving to achieve,in compliance with
90、 applicable law.Newmont is an equal employment opportunity employer and does not make employment-related decisions based on gender.As of the end of 2023,female representation in senior leadership roles was 33%,up from 31%at the end of 2022.People and Culture2023 Sustainability ReportNewmont Corporat
91、ion11OverviewSocialTarget definition2023 PerformanceCommentaryMore informationHuman rights and the supply chainImplement risk mitigation plans for 100%of contracts with suppliers*identified as having an elevated likelihood of impacting human rights*Applies to new suppliers and suppliers due for cont
92、ract renewal at sites where Newmonts Supplier Risk Management program has been implemented.Across the seven sites and office locations where SRiM is in place,we engaged 90%(183)of identified suppliers in training,falling just short of our target.Human RightsCommunity complaints and grievancesAll sit
93、es achieve target to respond to,address,track and,if necessary,escalate 100%of tier 1 complaints within 30 daysAcross all tier 1 complaints received in 2023,100%of complaints were responded to,addressed and/or escalated within 30 days.Social AcceptanceIntegrate the root-cause analysis methodology in
94、to site stakeholder management systemsWe integrated the root-cause functionality into our stakeholder management system and entered data from the pilot test in 2022 into the system.Community commitmentsAll sites complete 100%of community commitments on or before due dateOf our 12 operating sites,eig
95、ht completed 100%of commitments on or before due dates as captured in the commitment registers at each site.Ahafo South,Boddington,Cerro Negro and Merian were late on one or more commitments.Social Acceptance Met Mostly met Ongoing Not met2023 Sustainability ReportNewmont CorporationOverview|Public
96、Sustainability Targets12EnvironmentTarget definition2023 PerformanceCommentaryMore informationClimateAchieve the following by 2030*:Reduce absolute GHG emissions(Scope 1 and 2)by 32%Reduce GHG emissions intensity(Scope 1 and 2)by 32%Reduce absolute Scope 3 emissions(i.e.,joint venture assets and sup
97、ply chain)by 30%*Compared to 2018(Scope 1 and 2)and 2019(Scope 3)baselineDetails about our energy use and greenhouse gas emissions performance by site and over the past five years will be included in our 2023 Climate Performance disclosure,which will be published in May 2024.Energy and Climate Chang
98、eWater stewardshipAll sites achieve annual site targets,including action plans,for participating in multi-stakeholder watershed governance bodies that support collective action/management of water,and improving water quality and quantityAcross all 12 sites,82 of 103 action plans(around 80%)were comp
99、leted in 2023.Three were canceled due to no longer being relevant,and the remaining were deferred to 2024.Water StewardshipWater efficiencyAll sites to achieve annual water efficiency targets that support an overall reduction in fresh water of more than 5%,with sites in water-stressed areas to reduc
100、e overall fresh water consumption by at least 10%*From the 2018 baselineAll but one site(Cerro Negro)achieved their annual site-specific water efficiency targets.Overall,Newmont has reduced fresh water consumption at our 12 operating sites by 26%from the 2018 baseline.Although three of our four wate
101、r-stressed sites(CC&V,Peasquito and Tanami)achieved their annual water efficiency targets,Cerro Negro fell short due to requiring additional water to restore the pond levels needed to operate the reclaim barge pump operation,and we did not meet our target to reduce overall fresh water consumption at
102、 these four sites by 10%compared to our 2018 baseline.Water StewardshipClosure and reclamationAchieve 95%of planned reclamation activities/associated actions across the CompanyOur target was to complete at least 143 hectares of concurrent reclamation,and we reclaimed 165 hectares during the year.Nin
103、e of our 12 operating sites met or exceeded theirreclamation activity targets for 2023.Peasquito missed its target due to the four-month-long strike that suspended operations.Both Akyem and Musselwhite completed 90%of their planned reclamation activities.Closure and Reclamation Met Mostly met Ongoin
104、g Not met2023 Sustainability ReportNewmont CorporationOverview|Public Sustainability Targets13Value SharingTarget definition2023 PerformanceCommentaryMore informationLocal/Indigenous employmentAll sites achieve local/Indigenous targets as defined in formal community agreements or defined by siteOf t
105、he 11 operating sites with a local or Indigenous employment target,five met or exceeded their target.Value SharingLocal/Indigenous procurementAll sites achieve spend target with local/Indigenous suppliersGlobally,Newmont spent$1.4 billion with local/Indigenous suppliers,exceeding our overall target
106、of$1.209 billion.Nine operating sites met or exceeded their target while three fell short.Value Sharing Met Mostly met Ongoing Not metPhoto:Ahafo,GhanaOverview|Public Sustainability Targets142023 Sustainability ReportNewmont Corporation2024 Public Sustainability TargetsAn important part of both our
107、Corporate Strategy and Sustainability Strategy involves ongoing improvement and meeting evolving stakeholder expectations.Most of our public sustainability targets are annual.The exceptions are our long-term goals related to female representation and science-based climate targets.Further details on
108、our future targets are provided in relevant sections of this report.2024 PUBLIC SUSTAINABILITY TARGETSSocialTarget definitionMore informationSafetyZero fatalitiesHealth,Safety and SecurityFemale representation in senior leadership rolesAchieve gender parity in senior leadership*roles by 2030*Defined
109、 as those in Level 4 and up to Newmonts President and CEO(Level 7),including the Executive Leadership Team.This is an aspirational goal that Newmont is striving to achieve,in compliance with applicable law.Newmont is an equal employment opportunity employer and does not make employment-related decis
110、ions based on gender.People and CultureHuman rights and the supply chain1Implement risk mitigation plans for 100%of contracts with suppliers*identified as having an elevated likelihood of impacting human rights*Applies to new suppliers and suppliers due for contract renewal at sites where Newmonts S
111、upplier Risk Management program has been implemented.Human RightsStakeholder complaints and grievances1All sites achieve target to respond to,address,track and,if necessary,escalate 100%of tier1 complaints within 30 daysSocial AcceptanceCommunity commitments1All sites complete 100%of commitments on
112、or before due dates as captured in registerSocial AcceptanceEnvironmentTarget definitionMore informationEnergy and climate change2Achieve the following by 2030*:Reduce absolute GHG emissions(Scope 1 and 2)by 32%Reduce GHG emissions intensity(Scope 1 and 2)by 32%Reduce absolute Scope 3 emissions(i.e.
113、,joint venture assets and supply chain)by 30%*Compared to 2018(Scope 1 and 2)and 2019(Scope 3)baseline.Energy and Climate ChangeAchieve our goal of net-zero carbon emissions by 2050Water stewardshipAll sites achieve annual site targets,including action plans,for participating in multi-stakeholder wa
114、tershed governance bodies that support collective action/management of water,and improving water quality and quantityWater StewardshipWater efficiencyNewmont sites prior to the acquisition of Newcrest aim to maintain a greater-than-5%reduction in fresh water consumption,and sites in water-stressed a
115、reas aim to reduce by at least 10%*From the 2018 baselineWater StewardshipClosure and reclamationAchieve 95%of planned reclamation activities/associated actions across the CompanyClosure and ReclamationValue SharingTarget definitionMore informationLocal/Indigenous employment1All sites achieve local/
116、Indigenous targets as defined in formal community agreements or defined by siteValue SharingLocal/Indigenous procurement1All sites achieve spend target with local/Indigenous suppliersValue Sharing1 Sites acquired through the Newcrest transition in late 2023 will not be included in this public sustai
117、nability target for 2024 due to extended transition timelines;however,they will be included beginning in the 2025 reporting year.2 Due to the integration of our new-to-Newmont operations,we intend to publish a comprehensive report toward the end of 2024 with updated 2030 emissions reduction targets,
118、which will reflect recent changes to our operating portfolio.2023 Sustainability ReportNewmont Corporation15Overview|Public Sustainability TargetsOUR BUSINESSNewmont is the worlds leading gold company and a producer of copper,zinc,lead and silver.The Companys world-class portfolio of assets,prospect
119、s and talent is anchored in favorable mining jurisdictions in Africa,Australia,Latin America and Caribbean,North America and Papua New Guinea(PNG).Newmont is the only gold producer listed in the S&P500 Index and is widely recognized for its principled environmental,social and governance(ESG)practice
120、s.The Company is an industry leader in value creation,supported by robust safety standards,superior execution,and technical expertise.Newmont was founded in 1921 and has been publicly traded since 1925.On November 6,2023,we completed the acquisition of Newcrest Mining Limited(“Newcrest”)(“the Newcre
121、st transaction”).Select results of Newcrest for the period November 6December 31,2023,are included in the 2023 Performance Data tables.The successful acquisition of Newcrest was a standout moment in our history,positioning Newmont as the worlds largest gold mining company with an outstanding portfol
122、io of Tier 1 assets and a clear pathway to becoming a global-scale copper producer.We remain grounded in our values and guided by our purpose,holding ourselves and the industry accountable as we continuously work to set the standard for responsible mining.Photo:Cajamarca Region,PeruRead more about o
123、ur operations and projects around the world on our website and in our 2023 Form 10-K.2023 Sustainability ReportNewmont Corporation16OverviewNewmont Corporation16Overview2023 Sustainability ReportRed ChrisBrucejackMusselwhitelonorePueblo Viejo4MerianAhafo NorthAhafoAkyemCerro Negro District Expansion
124、 1Cerro NegroNevada Gold Mines3Cripple Creek&VictorPeasquitoLihirTanami Expansion 2 TanamiCadiaBoddingtonCadia Block CavesOperationProject in executionJoint ventureDenotes a world-class asset(Tier 1)5PorcupineYanacochaTelferNEWMONT OPERATIONS AND PROJECTS1,21 As of February 2024.See cautionary state
125、ment.2 On February 22,2024,Newmont announced its intention to divest six non-core assets,including lonore,Musselwhite,Porcupine,CC&V,Akyem and Telfer,within the next 12 months.3 Newmont holds a 38.5 percent ownership interest.4 Newmont holds a 40 percent ownership interest.5 Tier 1 Asset is defined
126、as having,on average over such assets mine life:(1)production of over 500,000 GEOs/year on a consolidated basis,(2)average AISC/oz in the lower half of the industry cost curve,(3)an expected mine life of over 10 years,and(4)operations in countries that are classified in the A and B rating ranges for
127、 Moodys,S&P and Fitch.For the definition of GEOs and AISC,see Newmonts annual report on Form 10-K on file with the SEC.With respect to other assets in the industry,such terms and metrics are as published in public filings of the third-party entities reporting with respect to those assets.Our methods
128、 of calculating operating metrics,such as AISC,and those of third parties may differ for similarly titled metrics published by other parties due to differences in methodology.2023 Sustainability ReportNewmont CorporationOverview|Our Business17Corporate StrategyAt Newmont,we take pride in being a val
129、ues-driven organization with a clear purpose to create value and improve lives through sustainable and responsible mining.Read more about our five core values safety,integrity,sustainability,inclusion and responsibility on our website.Our Corporate Strategy aligns key external industrymegatrends wit
130、h our core capabilities andcompetitive advantages.Our three strategic pillars are:1Responsible gold production;2Industry consolidation;and 3Commodity diversification.The strategy,integral to Newmonts purpose,isbuilton our:Commitment to leading ESG practices:Our Fatality Risk Management program suppo
131、rts efforts to provide a workplace free ofillnesses,injuries and fatalities.Newmont is consistently recognized as the goldsectors sustainability leader.Industry-leading portfolio:Two-thirds of our gold production comes from Tier 1 assets.Approximately 80 percent of our gold and copper production com
132、es from the Americas and Australia.Our assets produce around 150,000 tonnes of copper with additional exposure through reserves and resources.Proven operating model:The team includes experienced leaders with aproven track record.Since 2014,our Full Potential continuous improvement program has delive
133、red more than$5 billion in cost savings.Disciplined capital allocation strategy:By sustaining an investment-grade balance sheet,we maintain financial flexibility.We reinvest in our business through exploration and organic growth projects.Our industry-leading dividend provides compelling returns to s
134、hareholders.NEWMONTS STRATEGIC FRAMEWORK SOCIETY&INVESTORSRESPONSIBLE MININGTECHNOLOGYCONSOLIDATIONGEOPOLITICSDIVERSIFICATION20232033Copper portfolioCopper project pipelineSafe productionPortfolio optimizationOperating modelOrganization designNewcrest integrationDivestments2023 Sustainability Report
135、Newmont CorporationOverview|Our Business18OUR APPROACH TO SUSTAINABILITYAs a core value,sustainability is integrated throughout Newmont,influencing and guiding all our business processes,decisions and activities.Our global strategies,notably those related to Sustainability,People,and Health,Safety a
136、nd Security,aim to showcase leadership in environmental stewardship,safety,social performance and good governance.With clear targets,meaningful engagement and transparent reporting,we strive for continuous improvement to meet the evolving expectations of investors,governments,communities and other k
137、ey stakeholders,and to contribute to a sustainable future for all.SUSTAINABILITY AND THE MINE LIFECYCLESOCIALENVIRONMENTALECONOMICEXPLORATIONDEVELOPMENT&DESIGNCONSTRUCTIONPRODUCTIONCLOSUREPOST-CLOSUREMineLifecyclePhoto:Boddington,AustraliaNewmont Corporation19Overview2023 Sustainability Report19Over
138、viewOur Sustainability StrategyNewmonts Sustainability Strategy aligns with the evolving landscape of environmental,social and governance(ESG)practices.Recognizing ESG as a business imperative,the strategy goes beyond a“dono harm”approach,encompassing actions that address global challenges such as c
139、limate change,modern slavery,human rights and impacts on nature.Stakeholders rightfully expect increased transparency,public stances on global issues and adherence to leading ESG practices.Our Sustainability Strategy not only incorporates these expanded imperatives but also standardizes governance,a
140、ligns business practices with sustainability and ESG standards,and integrates feedback from extensive engagement and consultation.The strategy is aimed at realizing the Companys purpose of creating value and improving lives through sustainable and responsible mining.More information on this strategy
141、 is included throughout this report.Our Health,Safety and SecurityStrategyNewmonts Health,Safety and Security Strategy supports our pursuit of a workplace free from fatalities,injuries and illnesses.Recognizing progresswhile emphasizing the need for continuedimprovement,the strategy focuses onthree
142、key themes:1Acting on risk to control outcomes;2Actively caring by engaging and supporting employees and partners;and3Applying knowledge to foster innovation.The approach involves tracking efforts to build,embed and expand health,safety and security programs,with a commitment to consolidating data,u
143、tilizing technology and fostering effective communication to ensure a proactive and agile response to evolving risks.More information on this strategy is included in OurApproach to Health,Safety and Security.Our People StrategyNewmonts People Strategy recognizes the substantial changes in the workpl
144、ace over recent years,encompassing shifts in workforce demographics,operating models and transformedworkplaces.Additionally,it considers the impact of technology automation on talent in both mine site and office settings.The strategys three pillars include:1Leadership aiming to grow and attract exce
145、ptional leaders;2Inclusion,Diversity and Equity focused on cultivating an inclusive,diverse and engaged workforce through bold actions;and 3People Experience seeking to foster a meaningful work experience that enables the flourishing of our culture and strategy.The strategy also emphasizes respectin
146、g workforce rights and ensuring a living wage for those working on our behalf.More information on this strategy is included in OurApproach to People and Culture.All our policies,as well as select standards,are posted on our website(available in English,Spanish,Dutch and French).DOCUMENTATION GOVERNA
147、NCE FRAMEWORK 2023 Sustainability ReportNewmont CorporationOverview|Our Approach to Sustainability20CODE OF CONDUCTSets out expectation of behavior for Newmont employees,officers and directors and for our partners,vendors and third-party workers when they are working with us or on our behalf.POLICIE
148、SBroad encompassing statement of business intentions,aspirations and/or commitments.GLOBAL STANDARDSSpecifies minimum acceptable requirements for behaviors,decisions and/or performance.Identifies roles and responsibilities for managing risk.GLOBAL STANDARD IMPLEMENTATION GUIDESAND SUPPORTING DOCUMEN
149、TSProvides the approach for how requirements outlined in a Standard need to be implemented.BUSINESS UNIT OR SITE PROCEDURESSupports the implementation of global standards;ensures uniformity and the fulfillment of program requirements at the business unit level;also used to define practical,specific
150、work tasks and assign responsibilities.(includes site/business unit work instructions,forms,operation procedures,etc.)GlobalGovernanceLibraryBusiness UnitControlledDocumentLibrariesSustainability GovernanceNewmonts Board of Directors(“the Board”)is responsible for providing oversight and accountabil
151、ity for the Company.The Board overseesthe Companys Corporate Strategy and maintains a sense of responsibility to Newmonts stockholders,customers,employees,suppliers,host communities and governments.BOARD OVERSIGHTThe full Board is responsible for providing oversight and holding management accountabl
152、e for the Companys safety and sustainability performance.The Board delegates specific matters to each of the Boards committees to ensure sustainability considerations are integrated into the business at all levels of the organization and that our global standards,strategies,business plans and remune
153、ration plans create the foundation for strong sustainability performance.Each Committee Chair meets with management before formal meetings,providing summaries afterward to the full Board,which reviews key sustainability matters,including health and safety,security,tailings management,social performa
154、nce,energy and climate and talent management.Safety and Sustainability CommitteeAs stated in its charter,the Safety and Sustainability Committee advises and oversees matters related to health,safety,security,human rights,social and environmental performance and their related risks.The Safety and Sus
155、tainability Committees quarterly meetings include in-depth discussions on policies,standards and strategies to mitigate safety and sustainability risks;compliance with regulations and policies;performance against standards,commitments and public targets;and ESG-related incentive plan metrics.The Com
156、mittee contributes to our annual materiality assessment to identify sustainability risks and concerns,and reviews and approves Newmonts Annual Sustainability Report and Climate Report.As of the end of 2023,the Safety and Sustainability Committee included five members Jane Nelson(Chair),Patrick Awuah
157、,Emma FitzGerald,Sally-Anne Layman and Jos Manuel Madero.Audit CommitteeThe Audit Committee oversees the integrity of theCompanys financial statements,ensuring compliance with legal and regulatory requirements and enterprise-wide policies and controls.This includes reviewing our Business Integrity a
158、nd Compliance program,charter and any material changes to the Companys Code of Conduct.The committee also oversees Newmonts annual Taxesand Royalties Contribution Report,which disclosesour tax strategy and significant economic contributions to host communities and governments in line with ourcommitm
159、ent to creating shared value.Leadership Development and CompensationCommitteeThe Leadership Development and Compensation Committee develops and oversees the Companys executive compensation policies and programs.Thisincludes holding executives accountable for theCompanys health,safety and sustainabil
160、ity performance through an effective performance-based compensation structure.The committee alsooversees the leadership development,succession planning and talent management approach.It reviews the Companys People Strategy and efforts to create and maintain a more diverse and inclusive workplace.Cor
161、porate Governance and NominatingCommitteeThe Corporate Governance and Nominating Committee is responsible for ensuring the Board comprises qualified individuals who act in the best interests of shareholders and key stakeholders.Thisinvolves overseeing and advising on corporate governance issues,Boar
162、d leadership and succession planning,including identifying individuals to serve on the Board with expertise in health,safety,environmental and social performance.More information about Newmonts Board members and committees is available in our 2024Proxy Statement.SAFETY AND SUSTAINABILITY COMMITTEEJa
163、ne Nelson(director since 2011 and Chair ofthe Safety and Sustainability Committee since 2019)has a long and distinguished careeradvocating for sustainable business practices and is the Founding Director of the Corporate Responsibility Initiative at Harvard Kennedy School.Patrick Awuah(director since
164、 2021)has extensive international experience and as Founder and President of Ashesi University,hebrings academic leadership to the Committee.Dr.Emma FitzGerald(director since 2021)is an experienced business executive in the energy and water industry,known for her thought leadership and deep understa
165、nding of these industries and for operating successfully in developing markets.Sally-Anne Layman(director since 2023)brings a wealth of international expertise in the mining sector and financial markets,having held various senior roles with multiple mining and resource companies.Jos Manuel Madero(di
166、rector since 2021)has extensive experience as a finance,strategy and business development executive and as a consultant who advises global companies on managing matters related to regulatory,policy and social responsibility.2023 Sustainability ReportNewmont CorporationOverview|Our Approach to Sustai
167、nability21MANAGEMENT RESPONSIBILITIESNewmont management has primary responsibility for the daily implementation and management of sustainability matters.Newmonts President and CEO oversees alignment with the overall Corporate Strategy and delegates responsibility for executing the Sustainability and
168、 Health,Safety and Security strategies to the Chief Safety and Sustainability Officer.This role was enhanced in 2023 by combining the leadership of the Safety and Sustainability teams,elevating the focus on the Companys health,safety,security,environmental and social performance.All executives are a
169、ctively engaged in managing sustainability and the associated risks.This includesresponsibility for the following programs and efforts:Our Chief Financial Officer oversees our Risk Management System and debt instruments,including our sustainability-linked bond,and engages with investors on ESG issue
170、s.Our Chief Legal Officer oversees our Business Integrity and Compliance program,and with the legal team,addresses key social and environmental matters.Our Chief People Officer oversees the People Strategy,workforce inclusion,diversity and equity performance,and talent management.Our Chief Developme
171、nt Officer oversees our government and external relations efforts.Our Chief Technology Officer is responsible for our efforts to identify and implement technologies that help us operate safer and more responsible mines and serves as the Accountable Executive(AE)responsible for thesafety of Newmonts
172、tailings facilities.The AEdelegates responsibility for on-the-ground implementation at the business unit and site levels to the Corporate Tailings and Dams Team.Our Chief Operating Officer oversees the Managing Directors for each business unit and the site General Managers,who are responsible for on
173、-the-ground implementation at the business unit and site levels.Contributing to our global strategies and programs are executive steering committees and/or cross-functional working groups that address issues like geopolitical risk,human rights,Indigenous peoples,water stewardship,tailings management
174、,climate change and mine closure.To ensure ESG matters are timely and consistently disclosed to the investment community,our cross-functional ESG disclosure subcommittee evaluates existing and emerging matters of significance,such as the U.S.Securities and Exchange rule on climate disclosures,perfor
175、mance against key publictargets and reporting on greenhouse gas emissions data.SUSTAINABILITY GOVERNANCEBOARD OF DIRECTORSThe full Board oversees and holds management accountable for the Companys sustainability performance.The Board delegates specific matters to each of the Boards committees to ensu
176、re theintegration of sustainability considerations throughout the business.EXECUTIVE AND STRATEGIC LEADERSHIP TEAMSNewmont management holds the primary responsibility for the daily implementation and managementof sustainability matters.Although all executives actively engage in sustainability matter
177、sand the associated risks,dedicated sustainability-focused leaders are part of our executiveandstrategic leadership teams.ENTERPRISE TEAMSNewmonts enterprise teams establish health,safety,security,people,governance,social performance and environmental standards and guidelines,provide shared services
178、 to all business units,and monitor business unit and site performance.BUSINESS UNIT/SITE TEAMS Newmonts Managing Directors and their teams at the business unit and site levels ensure workplace safety and the implementation of and compliance with Newmonts policies and standards,includingthose related
179、 to health,safety,security,people,governance,social performance and environment.Read more about how Newmonts 2023 sustainability performance impacted remuneration in the 2024ProxyStatement.2023 Sustainability ReportNewmont CorporationOverview|Our Approach to Sustainability22Stakeholder EngagementWe
180、view anyone affected by our activities and vital to our success as a stakeholder.An overview of stakeholder groups,topics,engagement mechanisms and examples of how Newmont engages with each stakeholder group is posted on our website.Further details on our engagement with stakeholders are included th
181、roughout this report.MaterialityEach year,we conduct a materiality assessment to identify,assess and prioritize our current,near-term and emerging sustainability issues.Our assessment follows GRIs guidance for determining material topics and includes the Sustainability Accounting Standards Board(SAS
182、B)material topics for our sector.We assess priority issues in two ways:1.Assessing the issues where Newmont has or could have the potential to impact the environment,people and society(either negatively or positively)as seen on the Y-axis of the matrix.2.Assessing issues that impact or could impact
183、Newmonts business and financial success(either negatively or positively)as seen on the X-axis on the matrix.This analysis differs from traditional financial materiality,which relates to thresholds that may influence investors and determines the disclosures in our public financial filings.Several iss
184、ues including mine closure,community relationships,water management and climate change are considered material from both a financial and sustainability standpoint.We discuss these matters in this report and our 2023 Form 10-K(pp.9-12).For our 2023 materiality assessment process,we commissioned an in
185、dependent research and advisory firm to help conduct the overall materiality assessment and gather direct feedback from external and internal stakeholders.The process for the assessment included the following:Initial mapping Starting with the prior years material issues,we validated the list of issu
186、es and incorporated new and emerging issues using a variety of methods,including current reporting requirements and frameworks,peer benchmarking,sector priorities,internal workshops,and the list of assessed issues from a third-party software analytics platform that identifies and monitors external r
187、isks including ESG-related risks.External perspectives We engaged external stakeholders through one-on-one interactive interviews to discuss the issues and obtain a ranking of each issue.In 2023,perspectives from academia,non-governmental organizations,investors,customers and industry organizations
188、were included.Newmonts Safety and Sustainability Board Committee We interviewed each committee member to solicit feedback and incorporate this feedback into the overall analysis.Internal subject matter experts Through a quantitative prioritization survey,we engaged internal subject matter experts ac
189、ross the business to gather input that we incorporated into the overall analysis.Data-driven material issues prioritization In addition to the direct stakeholder inputs as detailed above,we incorporated data from the third-party software analytics platform on regulatory,media and corporate disclosur
190、e environments.Risk management evaluation Our leaders reviewed and evaluated the final materiality matrix to confirm there were no significant gaps between the material sustainability issues and the ranking of risks in our Global Risk Library identified through our risk management process.Leadership
191、 validation We reviewed the issues prioritization with functional leaders,executives and the Boards Safety and Sustainability Committee to confirm the final issue rankings that are displayed in the matrix.Our 2023 materiality assessment resulted in 33 total issues,all important and requiring focused
192、 attention from Newmont.Each issue demonstrates a relative prioritization and is shown in three tiers with 11 being the most impactful.Compared to previous years,theissues are largely the same;however,youll see amore granular level of detail in our issues this year.See the following materiality matr
193、ix and corresponding definitions on the following pages for more details.For 2023,Risk Management has been removed as astandalone topic and is now folded into ESG Governance and various individual material issues.No new issues were identified as part of the 2023 process.All material issues are addre
194、ssed in this report mostly in the four main sections Governance,Social,Environment and Economic.Starting with this years report,we have provided information on our website about the governance,risk management,and our strategy and management approach for the material issues.This ensures the discussio
195、n and disclosures in this report concentrate on our performance for the reporting year.Key performance indicators for all issues shown on the 2023 materiality matrix are included in the 2023 Performance Data tables and are available on our website as downloadable ESG data tables.In addition to our m
196、ateriality analysis is the concept of salience,which focuses on potential risks to people.Details on our salient issues are included on our website and in the Human Rights section of this report.Photo:Peasquito,MexicoOverview|Our Approach to Sustainability23Newmont Corporation2023 Sustainability Rep
197、ortHUMAN AND LABOR RIGHTS IN SUPPLY CHAINCOMMUNITY INVESTMENTCHEMICAL AND HAZARDOUS MATERIALS USE AND WASTE MANAGEMENTHUMAN AND LABOR RIGHTS IN OPERATIONSCORRUPTION AND BRIBERYTAILINGS MANAGEMENT AND SAFETYENERGY USE AND RENEWABLESRESPONSIBLE SOURCING AND SUPPLY CHAIN MANAGEMENTMATERIALS REUSE AND R
198、ECYCLINGCYBERSECURITY AND DATA PRIVACYEMPLOYEE ATTRACTION,RETENTION,ENGAGEMENT AND DEVELOPMENTADVOCACY AND POLITICAL RESPONSIBILITYWORKER HEALTH,SAFETY,AND WELLBEING IN THE SUPPLY CHAINGEOPOLITICAL RISKWORKER HEALTH,SAFETY AND WELLBEINGCOMMUNITY RELATIONS,ENGAGEMENT AND CONSULTATIONWATER USE,REUSE A
199、ND REPLENISHMENTBUSINESS ETHICS,COMPLIANCE AND TRANSPARENCYBIODIVERSITY AND ECOSYSTEMSMINE CLOSURE AND RECLAMATIONGREENHOUSE GAS(GHG)EMISSIONSVALUE SHARING AND TAX CONTRIBUTIONARTISANAL AND SMALL-SCALE MINING(ASM)INNOVATION/TECHNOLOGY DEPLOYMENTNON-HAZARDOUS WASTE MANAGEMENTWORKFORCE DIVERSITY,EQUIT
200、Y AND INCLUSIONCOMMUNITY HEALTH,SAFETY AND SECURITYCLIMATE CHANGE RISK,RESILIENCE AND ADAPTATIONLOCAL AND INDIGENOUS COMMUNITY RIGHTSWATER QUALITY AND POLLUTIONAIR POLLUTIONLOCAL AND INDIGENOUS COMMUNITY HIRINGESG GOVERNANCEBusiness ImpactEnvironmental/Societal Impact2023 MATERIALITY MATRIX2023 Sust
201、ainability ReportNewmont CorporationOverview|Our Approach to Sustainability24Material IssuesList of issues and definitionsIssueDefinitionAdvocacy and political responsibilityPublic policy and transparent political engagement that aligns with the Companys environmental,social and governance policies
202、and position;Collaboration with public sector,peers and industry associations to advocate for better outcomes for people and planetAir pollutionRelease of material air pollutants,including nitrogen oxides(NOx),sulfur oxides(SOx),carbon monoxide(CO),mercury(Hg),Arsenic(As),Lead(Pb),Selenium(Se),Volat
203、ile organic compounds(VOCs)and particulate matter(PM10 and PM2.5);limit the impact on local communities,workers and ecosystemsArtisanal and small-scale mining(ASM)Engagement and consultation with local ASM operators to build constructive relationships;Identify,assess,prevent and mitigate impacts by
204、business relationships,interactions,security practices,or co-location of mining with ASM;Support legitimate ASM activities through capacity building,negotiating allocated areas for ASM operators to mine and providing resources and technical assistanceBiodiversity and ecosystemsImpacts on biodiversit
205、y and ecosystems from own operations and value chain,including pollution of soil,living organisms and food resources,deforestation,loss of/restoration of plant and animal species;Impact of own operations on the physical environment through the lifecycle of the mineBusiness ethics,compliance and tran
206、sparencyEthical business culture and practices;Compliance with laws and regulations issued by local,regional and national governments,regulatory authorities and public agencies;Transparent corporate behavior and policies,including payments to governments,rights of shareholders,etc.Chemical and hazar
207、dous materials use and waste managementChemical(including cyanide and mercury)and hazardous materials use and waste management;Safe practices and incidence avoidance in own operations and elsewhere in the value chain,including in storage and transportationClimate change risk,resilience and adaptatio
208、nDisruptions and enhanced resiliency to financial,physical and regulatory impacts of climate change on own operations,the value chain and local communities;Support and promote solutions for a just transition to a lower carbon economyCommunity health,safety and securityHealth and safety impacts on co
209、mmunities from own operations,supply chain and own/third-party security practices;Programs and practices that assess,manage and mitigate health and safety impactsCommunity investmentEconomic contributions through local investment and capacity building;Economic diversification in local/host communiti
210、es,including diversified jobs and careers;Philanthropic efforts and employee volunteeringList of issues and definitionsIssueDefinitionCommunity relations,engagement and consultationMeaningful engagement with communities near operations;Provision of grievance and remediation opportunities for communi
211、ties to voice questions and concerns;Social inclusion of diverse community membersCorruption and briberyPrevention and detection of bribery,fraud,extortion,collusion,money laundering,corruption,etc.,through training,policies and standardsCybersecurity and data privacyProtection of internal systems a
212、nd equipment(including operational safety systems),networks,devices,data,etc.from unauthorized access or criminal use;Safeguarding the privacy and personal data of customers,employees,workers and business partnersEmployee attraction,retention,engagement and developmentAttract,recruit and retain a sk
213、illed workforce;Employee engagement,transparency and collaboration;Training and development for employees to build capabilities,career opportunities and advance knowledge to ensure skills and talent pipeline for the future of miningEnergy use and renewablesEnergy use and intensity;Energy efficiency;
214、Renewable energy use throughout own operations and value chainESG governanceESG integration and governance,including board composition/diversity,expertise,oversight,executive compensation,etc.;Publicly reporting on ESG-related issues,risks,opportunities,outcomes,policies,plans,performance and goals;
215、Critical and systemic risk managementGeopolitical riskAssessment and avoidance of conflict-affected and high-risk areas;Robust due diligence to ensure human rights are respected and ensuring own operations and activities are not contributing to conflictGreenhouse gas(GHG)emissionsGHG emissions and i
216、ntensity in own operations and value chain(Scope 1,2,3),including transportation/logistics;Invest in and implement alternative fuels for transportation,including employee travelHuman and labor rights in own operationsHuman rights and labor/working conditions of employees,third-party workers,or any w
217、orkers of any entity that is controlled or managed by Newmont;Identification and addressing incidents and risks of modern slavery,child or forced labor;Prevention of discrimination,harassment and retaliation;Freedom of association and collective bargaining;Living wage,inclusive/competitive benefits,
218、reasonable working hours,adequate housing;Access to grievance mechanisms2023 Sustainability ReportNewmont CorporationOverview|Our Approach to Sustainability25List of issues and definitionsIssueDefinitionHuman and labor rights in supply chainRespecting human rights and labor/working conditions of wor
219、kers in the broader supply chain(training,policies and procedures);Monitoring for modern slavery,child or forced labor,discrimination,harassment and retaliation;Assessing suppliers for issues such as freedom of association and collective bargaining for workers,living wage/adequate pay,reasonable wor
220、king hours,adequate housing;Awareness of and access to grievance mechanismsInnovation/technology deploymentDeployment of innovation and technology to improve environmental,safety and social outcomes;Identify,manage and mitigate negative impacts of new technology and innovations on own workforce,supp
221、ly chain,community and the environmentLocal and Indigenous community hiringHiring from local and indigenous communities at all company levels;Develop and enable training and development to build capabilities for career opportunitiesLocal and Indigenous community rightsHuman,social,civil,political,ec
222、onomic and cultural rights of local communities and indigenous peoples,including free,prior and informed consent(FPIC),individual and collective rights,self-determination,rights to land,resources,education,health,employment,language,adequate housing and food,clean water and sanitation,etc.Materials
223、reuse and recyclingRe-use and recycling of resources,products and materials in the mining process;Design and innovation for recycling/circularity(excluding water which is under a separate issue)Mine closure and reclamationEnvironmental,social and economic impacts from mine closure and decommissionin
224、g ofown operations;Engagement of workers,suppliers,local communities,governments andother stakeholders on closure planning and implementation,including post-mining land use;Rehabilitation of land during the life of mine and as land becomes available post-closureNon-hazardous waste managementNon-haza
225、rdous waste reduction,management and safe practices in operations and along the value chainResponsible sourcing and supply chain managementTransparent processes,systems and assessments to ensure suppliers uphold standards on environmental,social and ethical business practice issues;Ethical sourcing
226、of materials and other supplies;Enablement of supplier sustainability with longer-term contracts and on-time paymentList of issues and definitionsIssueDefinitionTailings management and safetyResponsible tailings and waste rock management conforming with the Global Industry Standard on Tailings Manag
227、ement(GISTM)commitments;Transparent communication of risks to protect employees,local communities and the environment;Prevention of catastrophic failures of tailings facilitiesValue sharing and tax contributionDirect and indirect value sharing in host countries,regions and communities through invest
228、ments,procurement spending,supporting/partnering with diverse local suppliers,commerce,regional development,infrastructure,fair tax contributions,etc.Water quality and pollutionWater quality and water pollutants from own operations;Availability of clean water in communities(i.e.,for drinking,agricul
229、tural use,etc.);Monitoring of water discharges throughout the value chainWater use,reuse and replenishmentWater use and increase water reuse and recycling in own operations;Water availability/access/security for communities,especially in water-stressed areas;Monitoring of water use throughout the va
230、lue chainWorker health,safety and wellbeingHealth,safety and wellbeing(mental and physical)of employees,third-party workers,or any workers of any entity that is controlled or managed by Newmont;Provision of health and safety training,tools and standards;Implementation of policies and approaches avoi
231、d and address significant/critical health and safety incidentsWorker health,safety and wellbeing in the supply chainHealth,safety and wellbeing(mental and physical)of workers in the value chain;Partnering with suppliers who promote and enable health,safety and wellbeing of their workers;Implementati
232、on of a supplier management approach to avoid and address significant/critical health and safety incidents within their own businessesWorkforce diversity,equity and inclusionDiverse and inclusive workforce(employees,third-party workers,or any workers of any entity that is controlled or managed by Ne
233、wmont),executive management team and board;Fair and equitable treatment,compensation and opportunities for all employees in the workforce2023 Sustainability ReportNewmont CorporationOverview|Our Approach to Sustainability26Responsible Mining Standards andDisclosuresNewmont actively participates in v
234、oluntary initiatives at the global,regional,national and local levels,demonstrating our commitment to collaboration,transparency and accountability.Our involvement in industry initiatives aligns us with global standards and allows us to influence and stay informed about emerging expectations,issues
235、and risks.More details on our commitments,initiatives,memberships and disclosure frameworks can be found in the Responsible Mining Standards and Disclosures document on our website.UN SUSTAINABLE DEVELOPMENT GOALS(SDGS)Newmont actively supports the SDGs through various activities and initiatives.We
236、recognize our impact on and the opportunity topositively contribute to all 17 SDGs.To amplify Newmonts influence in advancing these goals,wefocus on the following five SDGs that align with our business strategy,showcase leadership,and represent areaswhere we have the greatest potential to generate l
237、asting and meaningful outcomes that improve lives:SDG 3 Good health and wellbeingSDG 5 Gender equality SDG 6 Clean water and sanitationSDG 8 Decent work and economic growthSDG 17 Partnerships for the goalsDetails on these five SDGs are posted on our website.We report on our efforts to advance these
238、goals throughout this report and include specific alignments between our sustainability efforts and the SDGs in the GRI Index.Newmont Corporation1Updated March 2024Responsible Mining Standards and Disclosures Newmont actively participates in various voluntary global,regional,national and local organ
239、izations and initiatives,demonstrating our commitment to collaboration,transparency and accountability.We undergo independent assurance on an annual or rotating basis(depending on the framework requirements)for the following responsible mining standards frameworks:The International Council on Mining
240、 and Metals Performance Expectations and Position Statements;The Mining Association of Canadas Towards Sustainable Mining program;The World Gold Councils Responsible Gold Mining Principles;and The World Gold Councils Conflict-Free Gold Standard.Our active participation in industry initiatives allows
241、 us to inform and influence global standards and practices,as well as gain insight into emerging expectations,issues and risks.Notable commitments,initiatives,memberships and disclosure frameworks are detailed in the table below.Read more about the various voluntary global,regional,national and loca
242、l organizations and initiatives in which Newmont actively participates.Newmont CorporationOverview|Our Approach to Sustainability272023 Sustainability ReportPhoto:Ghana,AfricaHOW NEWMONT USES TECHNOLOGY TO MINE SUSTAINABLY Newmonts commitment to operational excellence,safety and sustainability is dr
243、iven by cutting-edge technology and innovation.Our cross-functional efforts evaluate a wide range of technological solutions andsystems that improve safety,reduce emissions,mitigate impacts and enhance productivity.Highlightsinclude the following:Automated,electrified mining ecosystem:Newmont and Ca
244、terpillar Inc.(CAT)have joined forces to revolutionize mining by developing a comprehensive set of standardized,all-electric and autonomous surface and underground mining solutions.The collaboration,initiated at Newmonts CC&V operation(surface)and Tanami operation(underground),aims to progress our d
245、ecarbonization goals while enhancing safety and operational efficiency.This strategic alliance serves as a real-world proving ground for the mining ecosystem of the future.We will begin evaluating electrified autonomous haulage at CC&V and Tanami beginning in 2024 and 2025,respectively.Modernization
246、 Advances:Modernizing our operations is key to mitigating safety risks,reducing emissions and enhancing efficiencies.Newmont has successfully deployed modernization solutions such as autonomous haulage systems,automated load-haul-dump(LHD)vehicles,fully remote operations and next-generation fleet ma
247、nagement solutions at various mining sites,including:In 2023,Tanami became the first underground stope mine to initiate testing and validation of the MineStar Fleet for Underground,a next-generation mine control platform.The platform is expected to significantly advance mine control and operational
248、visibility for underground mining applications when it becomes the operations primary production system in mid-2024.We began replacing the legacy mine control system at Ahafo South with the current generation MineStar Fleet system.Leveraging our strategic alliance with CAT,we deployed the current ge
249、neration Fleet mine control solution on next-generation hardware,facilitating field testing and scalability for the upcoming mine control solution.This system development initiative will continue through 2024.In 2022,Cerro Negro became the first underground mining operation in Argentina to use an au
250、tomated LHD vehicle.Controlled and supervised by an operator in a control station,this autonomous solution has improved safety,operator comfort and efficiency.Through 2023 and into 2024,we are expanding the fleet of autonomous LHD vehicles at Cerro Negro,with one unit currently operational and four
251、more coming online in 2024.Additionally,we have introduced two autonomous drills at Cerro Negro that are controlled remotely.Further expansions for both LHDs and drills are planned in the near term.In 2023,Tanami deployed three autonomous systems for its LHD equipment and ordered five more autonomou
252、s LHD machines.These five new diesel-electric machines have a notable 31percent improvement in fuel efficiency,increased payload capacity,a redesigned bucket for quicker cycles,reduced maintenance needs and extended component life.When paired with automation,these higher efficiency and more producti
253、ve machines are expected to result in tangible safety and productivity improvements at Tanami.Transition to a low-carbon economy:To address the impacts of climate change and achieve our 2030 climate targets,Newmont formed a strategic alliance with CAT,investing$100 million in innovative solutions fo
254、r emission reduction.This partnership includes testing early learner battery electric trucks,autonomous vehicles and other technologies.Highlights in 2023 included:With collaboration and support from Newmont,CAT successfully completed its first prototype ofa battery electric underground mining truck
255、 in 2023.This milestone represents a crucial steptoward demonstrating progress in our collaboration.The ongoing collaboration between Caterpillar and Newmontaims to establish a fully connected,automated and zero-carbon-emitting mining system,enhancing safety and sustainability across our operations.
256、We commenced groundbreaking and pre-work for the Electric Operating Zone at our CC&V operation,finalizing the infrastructure design and layout and beginning the construction phase.This preparation is essential ahead of the expected arrival of the prototype battery electric haul truck,scheduled for t
257、he second half of 2024,marking a significant milestone.We continue to evaluate and work with key suppliers to understand lower-emission emulsion/ammonium nitrate-fuel oil,grinding materials and reagents;battery technology;andpower conversion and carbon sequestrationsolutions.Recognizing the importan
258、ce of information technology and operational technology systems,Newmont continues to deploy high-tech solutions while prioritizing cybersecurity.Vigilant measures are taken to manage evolving cyber threats and security breaches.We discuss the management of cyber risks in our 2023 Form 10-K(page 21).
259、Where opportunities arise,Newmont partners with mining and mineral processing peers through our various association memberships,including ICMM and World Gold Council,on the development and use of innovative technology and supports the promotion of these solutions across the industry.Astechnology con
260、tinues to evolve,we remain dedicated to leveraging these advancements to drivesustainable mining practices,foster safety andcontribute to a low-carbon future.2023 Sustainability ReportNewmont CorporationOverview|Our Approach to Sustainability28Suzy Retallack serves as Newmonts Executive Vice Preside
261、nt and Chief Safety and Sustainability Officer,bringing over 20 years of experience in the mining industry to her role.With Newmont for five years and in her current position since June 2023,Suzy reflects on Newmonts approach to sustainability.Natascha Viljoen joined Newmont in October 2023 as Execu
262、tive Vice President and Chief Operating Officer.With more than 30 years of experience in the industry,Natascha shares her perspective on Newmont and the importance of sustainability to the business.Karyn Ovelmen,who joined Newmont in May 2023 as Executive Vice President and ChiefFinancial Officer,sh
263、ares her thoughts on the highly complex,capital-intensive mining industry and how sustainability and financial performance are interconnected.LEADERSHIP REFLECTIONSWe asked three of the newest members of Newmonts Executive Leadership Team to share their perspectives on sustainability as it relates t
264、o their new role and what the transformative Newcrest transaction means for the Company.Watch the full video interviews on .Newmont Corporation29Overview2023 Sustainability Report“As a recognized sustainability leader,wealso do what we saywere going to do.We think that is a huge part of being more t
265、hanjust gold.”SUZY RETALLACK,Executive Vice President and Chief Safety and SustainabilityOfficer Watch the full video interview on .What aspects of your role as Newmonts Chief Safety and Sustainability Officer do you findmost compelling?Im proud to lead sustainability during this transformational ti
266、me at Newmont,bringing my years of experience toreally make a difference.The Safety and Sustainability function includes several disciplines health,safety,security,environment,social performance and human rights,as well as the Respect at Work program,which is such an important program for both us an
267、d our industry to improve workplaces for everyone by eliminating harassment,discrimination,bullying and racism.What does“More Than Gold”mean to you?It signifies our transformation beyond being just a large gold producer.Now,were a large gold and copper producer that produces the critical minerals th
268、at are going to be a key part of the transition to a low-carbon future.As a recognized sustainability leader,we also do what we say were going to do.We think that is a huge partof being more than just gold.In your time as Chief Safety and Sustainability Officer,what insights have you gained?Every da
269、y,Im learning something new about the changing landscape that were operating in from an ESG perspective.Staying up-to-date on the new standards and reporting requirements is really important to ensure we hold ourselves accountable.Another important lesson is that regardless of whether theres an acqu
270、isition taking place,a severe weather event or a strike that is impacting people,we remain focused on peoples wellbeing,and everyone being treated with respect.How is Newmont innovating in responsible resource management and sustainability?It is important that we perform and rebuild the trust with s
271、takeholders that has been impacted by multiple incidents in our industry.The work to improve our management of tailings,which was driven by some really tragic incidents,is an example of how we have collaborated well as an industry to develop robust standards andgovernance that improve accountability
272、.How does Newmont differentiate itself in the industry when it comes to ESG?Our integrated approach,from the Board to our operations,ensures we are all talking about the same things when it comes to sustainability.We are committed to continuous improvement,whether its access to water,economic resili
273、ence beyond the life of the mine or keeping people safe so everyone goes home to their families atthe end of each day.It is a privilege to serve in this role and build on Newmonts strong legacy of valuing sustainability and responsible mining.2023 Sustainability ReportNewmont CorporationOverview|Lea
274、dership Reflections302023 Sustainability ReportNewmont CorporationOverview|Leadership Reflections31“We produce more thanjust gold,and ourexpansion into copper will provide a metal thats essential for a greener and healthier future.”NATASCHA VILJOEN,Executive Vice President and Chief Operating Office
275、r Watch the full video interview on .What excites you most about being the Chief Operating Officer?Being the Chief Operating Officer at Newmont is incredibly exciting because I get to engage with everybody at Newmont.Working for more than 30 years in the mining industry has given me amazing opportun
276、ities to learn from those who are on the front lines and do the work every day.The absolute ethos that defines Newmont is evident in our purpose to improve peoples lives and make a positive impact.This ethos is evident in our values,how we treat every colleague on a daily basis and how we conduct bu
277、siness.Why did you decide to join Newmont?I was attracted to Newmont because of its purpose-led leadership.In times when the answer is unclear,that clear purpose guides our decisions.If were really grounded in why were doing what were doing,it helps us when we must make difficult decisions.What does
278、“More Than Gold”Mean to you?It is about the broader value we generate for all stakeholders and the value we instill on a daily basis.We produce more than just gold,and our expansion into copper will provide a metal thats essential for a greener and healthier future.That is akin to who we are and New
279、monts purpose.When you think about sustainability in mining,what comes to mind?When we look at our assets and how were going to extract value,it is important for us to consider how we are mining today as well as over the life of mine.We must consider what I call the silent stakeholder the environmen
280、t,including our water and energy consumption.At the heart of it is to make sure we are responsibly extracting optimal value out of an ore body by considering all our environmental and social impacts.What makes Newmont a unique place to work?When comparing Newmont with the other mining companies Ive
281、ever worked with,what sets Newmont apart isthe humility in the organization.This allows us to be impactful because with humility,we consider everybodys voice in the room,and bringing so many more peoples wisdom and experience into the room helps us make better decisions.Theres also humility in learn
282、ing from mistakes and taking the opportunity to stand back,admitthat weve made a mistake and jointly learn from that.This was a pleasant surprise for me when I joinedthe Newmont family,and its great to be part of a company that has humility and commitment to continuousimprovement.2023 Sustainability
283、 ReportNewmont CorporationOverview|Leadership Reflections32“We are focused on creating long-term value and delivering on our clear and consistent strategy,all while contributing to a sustainable future.”KARYN OVELMEN,Executive Vice President and ChiefFinancialOfficer Watch the full video interview o
284、n .Why did you decide to join Newmont?Newmont aligns with many aspects that are important to me,and it has a great reputation in the sustainability space.I was interested in the challenge of working in a new industry,and Newmont is known for not just talking about the right things but also doing the
285、 right things.Newmont is committed to its purpose to create value and improve lives through sustainable and responsible mining in everything that it does.What does“More Than Gold”mean to you?To me,it means that although Newmont is the industrys leading gold mining company,we are so much more than th
286、at.We are a leading producer of essential metals critical to helping the world transition to a low-carbon future.Weare recognized for creating sustainable value that extends beyond the mine,benefiting all stakeholders.We are committed to being an industry leader in developing and delivering low-cost
287、 operations,environmental responsibility,and social performance,demonstrating that companies can have a positive impact on stakeholders and the world.What is your perspective on financing sustainability activities?At Newmont,doing the right thing is ingrained in our culture.Our core values of safety
288、,sustainability,integrity,responsibility and inclusion underpin the way we operate.Prioritizing sustainability and allocating capital toward those efforts help us preserve our social license to operate by reducing environmental impacts,improving social performance and reducing risks.How does a stron
289、g financial framework support long-term value creation?When we look at our capital allocation strategy,prioritizing our sustainability commitments to support our values asan organization goes hand in hand with also supporting the return on investment for our shareholders.How does Newmont quantify th
290、e benefits of integrating sustainability practices into itsoperations?Quantifying the benefits of integrating sustainability practices into our operations is a complex and multifaceted approach.We use various metrics such as industry benchmarks,internal data analysis and cost savings.We also look at
291、 our market access and reputation.While these are not directly quantifiable,a strong sustainability performance can open doors to new markets and enhance our reputation with shareholders.What key financial challenges and opportunities does Newmont anticipate in the evolving mining landscape?Its a ve
292、ry exciting time at Newmont,and there are a lot of opportunities as well as challenges that we will need toaddress.Rising costs,financing and geopolitical risks are challenges,while the increasing demand for critical minerals and technological advancements present opportunities to attract investors
293、and gain access to new markets.We are focused on creating long-term value and delivering on our clear and consistent strategy,all while contributing to a sustainable future.Our business is anchored in our values and guided by our purpose:to create value and improve lives through sustainable and resp
294、onsible mining.Our commitment to environmental,social and governance(ESG)principles is fundamental to achieving our purpose.332023 Sustainability ReportNewmont CorporationPhoto:Peasquito,MexicoGOVERNANCECorporate Governance 35Business Integrity and Compliance 36 Risk Management System 39Sustainabili
295、ty Compliance and Assurance 41Responsible Sourcing 45More than 11,000 integrity and compliance employee interactions,bothonline and in-person,throughout theyearAdvanced Respect at Work program to eliminate disrespectful behaviors and foster a work environment where everyone is treated with respect a
296、nd dignity More than 63%of Board members are gender or ethnicallydiverseNewmont Corporation3434Photo:Tanami,Australia2023 Sustainability ReportCORPORATE GOVERNANCEEffective corporate governance,rooted in positive stakeholder relationships and well-defined policies,standards,processes and responsibil
297、ities,is crucial for managing risks,upholding ethical conduct and guiding the Companys direction and operations.At Newmont,management accountability and proactive oversight by an experienced,diverse Board play a pivotal role in cultivating a culture ofintegrity,meeting stakeholder expectations and h
298、onoring our sustainability commitments.Board of DirectorsNewmonts Board of Directors(the“Board”)is responsible for providing oversight and accountability for the Company.The Board overseesthe Companys Corporate Strategy and maintains a sense of responsibility to Newmonts stockholders,customers,emplo
299、yees,suppliers andhost communities.Four standing committees Audit,Corporate Governance and Nominating,Leadership Development and Compensation,and Safety and Sustainability assist the Board in carrying out its oversight responsibilities such as reviewing major risks,ensuring high standards of ethical
300、 business conduct,discussing succession planning and talent management,and reviewing safety and sustainability performance.Guided by our purpose and values,the members of our Board leverage their diverse backgrounds,skills and experiences to oversee the Companys strategy and evaluate risk and perfor
301、mance for Newmonts long-term success.Our Board has a wide range of leadership and senior management experience in industry and specialized fields as well as across operating regions.More information about Newmonts Board members backgrounds,skills and qualifications is available in our 2024 Proxy Sta
302、tement.Photo:Newmont leaders ring opening bell at ASX in Sydney on November 6,the day Newmont closed the transaction with Newcrest(from left to right:Suzy Retallack,Chief Safety and Sustainability Officer;Bruce Brooks and Sally-Anne Layman,Board members;and Tom Palmer,President and CEO)Read more abo
303、ut our Board of Directors,its bylaws,committee charters,guidelines and other governance practices on our website.2023 Sustainability ReportNewmont Corporation35Governance2023 Sustainability ReportNewmont CorporationBUSINESS INTEGRITY AND COMPLIANCEIntegrity is fundamental for building and preserving
304、 the trust that serves as a foundation for our business.Asa core value,integrity guides our daily actions,and our global Business Integrity and Compliance program establishes robust controls and cultivates a culture where all our relationships are based on integrity.We measure the effectiveness of o
305、ur integrity and compliance risk management approach by benchmarking against regulatory and industry-leading practices,as well as monitoring several metrics and performance objectives.Integrity and Compliance PerformanceWe evaluate and investigate,as appropriate,instances of real or potential breach
306、es of our Code of Conduct,related policies,standards and/or laws.Employees,contractors,suppliers,community members and others can anonymously seek guidance and/or report a concern through our third-party-run Integrity Helpline.Code of Conduct-related cases that originate through other channels,such
307、as our People or Security functions,are also incorporated into the Integrity Helpline.Approximately 49 percent(184)of the escalated matters investigated and closed in 2023 resulted in substantiation of the allegations received.The substantiated cases resulted in either recommended changes in busines
308、s processes or human resources-related actions.These actions involved employees across all levels of the organization who were counseled,disciplined and/or terminated.INTEGRITY AND COMPLIANCE INVESTIGATIONSIntegrity matters opened,substantiated and addressed in 20231NumberTotal new matters(all matte
309、rs)captured in the Integrity Helpline 1,066 Total escalated matters addressed(substantiated+unsubstantiated)375Total substantiated escalated matters184Nature of matters(all matters)received through Newmonts Integrity Helpline in20231,2Nature of casesNumberPercentageConcerns about fraud/corruption182
310、%Concerns pertaining to environmental health and/or safety regulations 29 3%Conflicts of interest686%Incidents of discrimination474%Inquiries and compliance reviews34132%Misconduct or inappropriate behavior47845%Misuse of company assets474%Vendor/contractor issues222%Other types of matters162%TOTAL1
311、,066100%1 The 2023 data includes matters received from former Newcrest locations resulting from the Newcrest acquisition for the period 11/06/2023 12/31/2023 only.2 Newmonts Code of Conduct and Business Integrity Policy,both available at N,outline our approach to preventing and addressing matters re
312、lated to conflicts of interests,gifts,and bribery/corruption.Read more about Our Approach to Business Integrity and Compliance,including details on our governance,risk,strategy and management approach.Newmont Corporation1Our Approach to Business Integrity andComplianceIntegrity is fundamental for bu
313、ilding and preserving the trust that serves as afoundation for our business.As a core value,integrity guides our daily actions,and our global Business Integrity and Compliance program establishes robust controls and cultivates a culture where all ourrelationshipsare based on integrity.GOVERNANCEOur
314、global Code of Conduct(the“Code”)and the following six overarching policies form the foundation for our integrityexpectations:1.Asset and Value Protection 2.Business Integrity3.Health,Safety and Security4.Operations and Resource Development 5.People6.Sustainability and Stakeholder EngagementThese al
315、ong with our standards on Anti-Corruption,Conflicts of Interest,Gifts and Entertainment and U.S.Export Compliance set the minimum requirements for honest and ethical conduct at Newmont.Our global Business Integrity and Compliance(BI&C)program actively supports adherence to these principles.Aglobal t
316、eam led by our Group Head,Business Integrity&Compliance and composed of lawyers,auditors,systems experts,internal investigators and other compliance professionals oversees the programs day-to-day implementation,management and continuous improvement.Updated March 2024Read more about our business inte
317、grity and transparency events and performance in the 2023PerformanceData tables.2023 Sustainability ReportNewmont Corporation36GovernanceNewmont CorporationINTEGRITY CULTUREThere were more than 11,000 employee interactions with our online and in-person Business Integrity and Compliance(BI&C)training
318、 throughout the year.In 2023,we conducted our annual online integrity and compliance training during the third quarter,and 98percent of eligible employees(i.e.,those withcomputer access)completed the training.The training sessions covered a variety of our BI&C programs core elements,including anti-c
319、orruption,conflicts of interest,gifts and entertainment and inappropriate abusive behaviors.Recognizing the challenge of reporting misconduct,the 2023 training included a dedicated section to enhance transparency about Newmonts Integrity Helpline and internal investigations process.These efforts res
320、ulted in a 30percent increase in reporting compared to 2022(37 percent including matters received from former Newcrest locations after the acquisition on November 6,2023).Throughout the year,BI&C held several targeted,in-depth outreach sessions(including training)for higher-risk functions such as Sa
321、fety and Sustainability,Supply Chain and high-risk contractors.Through the quarterly Organizational Justice and Integrity Dashboard(OJID),we raised awareness about Integrity Helpline case details,including outcomes and disciplinary measures taken.Each OJID shares lessons learned from actual cases an
322、d has a dedicated section aimed at demystifying Newmonts internal investigations process.This is complemented by a“Respect at Work”dashboard that provides details on cases related to disrespectful behaviors.We discuss this dashboard in more detail in the“Championing an Inclusive and Respectful Workp
323、lace”story on this page.Through our annual integrity award process,we recognize employees who exemplify our value of integrity and serve as role models for ethical behavior.In 2023,26 employees were nominated bytheir peers and four received the award.COMPLIANCE CONTROLSTo uphold our anti-corruption
324、commitment,over 70business leaders including Executive Vice Presidents,Managing Directors,site General Managers,and key function leaders in areas like Supply Chain,Legal and Finance personally certified each quarter that their specific region or functional area maintained effective controls and that
325、 they were unaware of any interactions on behalf of Newmont,that would violate our Code of Conduct,policies,standards or applicable laws.We improved our process to centrally and consistently screen disclosures from internal and external applicants to open positions at Newmont related to conflicts of
326、 interest and government/political exposure.Any positive disclosures by candidates must be cleared by BI&C before advancing a candidate through the talent acquisitionprocess.POLITICAL CONTRIBUTIONS Newmonts U.S.political contributions totaled$35,000 in 2023.In 2022,Newmont began a systematic journey
327、 to improve its workplaces for everyone by eliminating harassment,discrimination,bullying and racism.We began the journey by conducting an internal review,gathering insights from our workforce to understand the systemic issues leading to disrespectful behaviors.In 2023,we appointed a dedicated Head
328、of Respect at Work to drive meaningful change by engaging leadership,setting new standards and raising awareness.In 2023,key activities under the program included:Launching resources in the North America business unit,featuring an“Ask,Listen,Act”video series that shares perspectives and highlights N
329、ewmonts progress.Introducing a new Camp and Facilities Standard that outlines requirements and procedures for each site,covering areas such as video surveillance,adequate lighting,routine patrols,alcohol limits and provisions for internet access.Sharing trends and incident outcomes with all employee
330、s,through our quarterly Organizational Justice and Integrity Dashboard,protecting the privacy of those involved while providing a breakdown of Respect at Work incidents.In 2023,382 Respect at Work matters were received through our Integrity Helpline and other channels,with 264 assessed as escalated
331、matters.Of the escalated matters,194 were closed during 2023 and another 94 non-escalated matters were transferred to management.The substantiation rate for closed escalated cases was 57 percent.The program allows business units to tailor actions to the local context.For example,in 2023,our Africa b
332、usiness unit implemented a confidential disclosure requirement for workplace romantic relationships.This aims to protect personnel and help the business provide appropriate guidance on these relationships.Through these efforts and more,Newmont strives to eliminate disrespectful behaviors,fostering a
333、 work environment where everyone is treated with respect and dignity.CHAMPIONING AN INCLUSIVE AND RESPECTFUL WORKPLACEPhoto:Ahafo,GhanaView our 2023 Policy Influence Disclosure.2023 Sustainability ReportNewmont Corporation37Governance|Business Integrity and CompliancePublic Policy PerformanceIn 2023,we engaged with government and regulatory officials in all our operating regions.Along with providi