Newmont Goldcorp was ranked top global gold mining company on the Dow Jones Sustainability World Index (DJSI World) for environmental, social and governance (ESG) performance.
This is the 12th consecutive year the company has been named to the list. Newmont was the first gold company named to the index in 2007, and has been included on the DJSI North America Index every year since 2006.
Newmont Goldcorp’s President Tom Palmer commented: “Leading environmental, social and governance performance not only helps us manage risk and create value for our stakeholders, it is also an indicator that our business is well-managed and positioned for long-term success.
“It is thanks to our employees’ strong commitment to our values that we are able to consistently demonstrate leading sustainability performance in our sector. While we are honoured to be included again on the DJSI, we recognize there is always room for improvement and will continue working to drive our performance to higher levels.”
The DJSI evaluates companies based on a comprehensive corporate sustainability assessment (CSA) conducted by Swiss-based RobecoSAM, a sustainability asset management, analysis and investment firm. The CSA evaluates 20 financially material sustainability criteria across economic, environmental and social dimensions.
The DJSI’s results provide comparable and actionable data that allows investors to integrate ESG factors into their investment decisions, while identifying those companies that are well-positioned to address current and future sustainability-driven challenges and opportunities.
Newmont Goldcorp ranked in the 100th percentile for leading performance in the following areas:
Economic: corporate governance, risk and crisis management, and materiality
Environmental: management of water-related risks
Social: Labour practices, corporate citizenship, and talent attraction and retention
“We congratulate Newmont Goldcorp for being included in the DJSI World and the DJSI North America indices. The SAM Corporate Sustainability Assessment has again raised the bar in identifying those companies best-positioned to address future sustainability challenges and opportunities,” said Manjit Jus, Head of ESG Ratings, RobecoSAM. “This year – which marks the 20th anniversary of the DJSI – record corporate interest in the SAM CSA reflects the enduring relevance of the DJSI for measuring and advancing ESG practices."