Newmont Corporation
Newmont's GHG Emissions Data Preview
In 2023, Newmont completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).
Newmont has also provided a category-level breakdown for 12 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions 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 Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Newmont amounted to 2,735,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Newmont decreased by 14.29%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
Newmont's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Newmont's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Newmont were 1,540,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Newmont reduced its Scope 1 emissions over time?
Since 2018, Newmont's Scope 1 emissions have decreased by 20.05%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Newmont's Scope 1 emissions decreased by 12.99%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are Newmont's Scope 2 emissions?
In 2023, Newmont reported Scope 2 greenhouse gas (GHG) emissions of 1,334,000 tCOâ‚‚e using the market-based method, and 1,195,000 tCOâ‚‚e using the location-based method.
Has Newmont reduced its Scope 2 emissions over time?
Since 2018, Newmont's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 34.75%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), Newmont's Scope 2 emissions (Location-Based) fell by 15.9% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.
What methodology does Newmont use for Scope 2 reporting?
In 2023, Newmont reported its Scope 2 emissions using the market-based method and using the location-based method.
Newmont's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Newmont's Value Chain Emissions
In 2023, Newmont reported 4,778,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Newmont includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.
Newmont's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Newmont's Scope 3 emissions?
In 2023, Newmont reported total Scope 3 emissions of 4,778,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 54.83% of these emissions originated from upstream activities such as purchased goods and capital goods, while 45.17% came from downstream activities like product use, distribution, and end-of-life treatment.
Has Newmont reduced its Scope 3 emissions over time?
Since 2018, Newmont's Scope 3 emissions have decreased by 25.78%, reflecting a declining long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), Newmont's Scope 3 emissions remained relatively stable, indicating that Newmont 's emissions have plateaued with no significant change in its value chain footprint.
What categories of Scope 3 emissions does Newmont disclose?
In 2023, Newmont reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Newmont's Scope 3 emissions?
In 2023, the largest contributors to Newmont's Scope 3 emissions were:
- Investments (Cat. 15): 1,820,000 tCOâ‚‚e (38.09%)
- Purchased Goods and Services (Cat. 1): 1,454,000 tCOâ‚‚e (30.43%)
- Fuel- and Energy-Related Services (Cat. 3): 636,000 tCOâ‚‚e (13.31%)
Newmont's Scope 3 Emissions by Categories
Insights into Newmont's Total Carbon Footprint
In 2023, Newmont reported a total carbon footprint of 7,513,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.79% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to Newmont's total carbon footprint was Scope 3 emissions, accounting for 63.6% of the company's total carbon footprint, followed by Scope 1 emissions at 20.5%.