Newmont Corporation

Common Name
Newmont
Country
United States
Sector
Basic Materials
Industry
Gold
Employees
22,200
Ticker
NEM
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Newmont Corporation is a leading entity in the gold mining industry, primarily focused on the production and exploration of precious metals. As one of the world's largest gold producers, Newmont plays...

Newmont's Climate Target Data Preview

As of 2023, Newmont has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 1 intensity-based target target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Newmont ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target*
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - Processing of Sold Products (Cat. 10), Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Ounce (oz) of Gold from Unspecified Activities
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Newmont's Greenhouse Gas Emissions Pathways

As of 2023, Newmont has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Newmont have a target to reduce the emissions from its operations?

As of 2023, Newmont has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Newmont's most ambitious operational target is to reduce these emissions by 32% by 2030, compared to a baseline of 3,569,608 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.

As of 2023, Newmont is ahead of schedule on its operational emissions reduction target, having achieved 61.28% of the planned reduction.

Newmont's Operational (Scope 1+2) Emissions Pathway

2018202320300900 k1.8 M2.7 M3.6 MBaselineCurrent (-20%)Target 2030 (-32%)

Does Newmont have a target to reduce the emissions from its value chain?

As of 2023, Newmont has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 9 out of the 15 Scope 3 categories defined by the GHG Protocol.

Newmont's most ambitious value chain target is to reduce these emissions by 30% by 2030, compared to a baseline of 5,715,704 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

As of 2023, Newmont is ahead of schedule on its value chain emissions reduction target, having achieved 54.77% of the planned reduction.

Newmont's Value Chain (Scope 3) Emissions Pathway

20192023203001.5 M3 M4.5 M6 MBaselineCurrent (-16%)Target 2030 (-30%)
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