Newmont Corporation
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 Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a, b | 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) | Copy restricted. Please purchase to unlock this data.  a, b | 2030 |
Intensity-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Ounce (oz) of Gold from Unspecified Activities | Copy restricted. Please purchase to unlock this data. a, b | 2030 |
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Verified Sources Behind Newmont’s Climate Targets Data
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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. a b
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. a b
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. a b
As of 2023, Newmont is ahead of schedule on its operational emissions reduction target, having achieved 61.28% of the planned reduction. a b
Newmont's Operational (Scope 1+2) Emissions Pathway
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. a b
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. a b
As of 2023, Newmont is ahead of schedule on its value chain emissions reduction target, having achieved 54.77% of the planned reduction. a b