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Newmont Corporation
Newmont's GHG Emissions Data Preview
In 2024, 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 9 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 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Newmont’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Newmont’s data sources below and access millions more through our Disclosure Search.
Insights into Newmont's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofNewmont amounted to4,839,000metric 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).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Newmontincreased by 6.59%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Newmont's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Newmont's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Newmont were 2,728,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Newmont reduced its Scope 1 emissions over time?
Since 2019, Newmont's Scope 1 emissions have increased by 71.03%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Newmont's Scope 1 emissions increased by 6.73%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are Newmont's Scope 2 emissions?
In 2024, Newmont reported Scope 2 greenhouse gas (GHG) emissions of 2,305,000 tCOâ‚‚e using the market-based method and 2,111,000 tCOâ‚‚e using the location-based method.a
Has Newmont reduced its Scope 2 emissions over time?
Since 2019, Newmont's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 40.17%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year(2023), Newmont's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Newmont's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Newmont use for Scope 2 reporting?
In 2024, Newmont reported its Scope 2 emissions using the market-based method and using the location-based method.a
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 2024, Newmont reported 6,613,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Newmont includes a breakdown across 9of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Newmont's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Newmont's Scope 3 emissions?
In 2024, Newmont reported total Scope 3 emissions of 6,613,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 56.49%of these emissions originated from upstream activities such as purchased goods and capital goods, while 43.51%came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Newmont reduced its Scope 3 emissions over time?
Since 2019, Newmont's Scope 3 emissionshave increased by 15.69%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Newmont's Scope 3 emissions remained relatively stable, indicating that Newmont's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does Newmont disclose?
In 2024, Newmont reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.a
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 2024, the largest contributors to Newmont's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 2,213,000 tCOâ‚‚e(33.46%)
- Investments (Cat. 15): 1,971,000 tCOâ‚‚e(29.8%)
- Fuel- and Energy-Related Services (Cat. 3): 1,025,000 tCOâ‚‚e(15.5%)
Newmont's Scope 3 Emissions by Categories
Insights into Newmont’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Newmont reported Scope 1 greenhouse gas (GHG) emissions of 2,728,000 tCOâ‚‚e and total revenues of USD 18,682 millions. This translates into an emissions intensity of 146.02 tCOâ‚‚e per millions USD.a
Newmont's Scope 1 Emissions Intensity Compared to Peers
How does Newmont's GHG emissions intensity compare to its peers?
In 2024, Newmont reported a Scope 1 emissions intensity of 146.02 tCOâ‚‚e per millions USD. Compared to the peer group median of 64.44, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Newmont rank on GHG emissions intensity within its industry?
In 2024, Newmont ranked 15 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Newmont is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Newmont's Total Carbon Footprint
In 2024, Newmont reported a total carbon footprint of 11,452,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.06% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Newmont's total carbon footprint was Scope 3 emissions, accounting for 57.75% of the company's total carbon footprint, followed by Scope 1 emissions at 23.82%.a