Material Issues
Our 2007 Global Sustainability Report includes information on areas in which our company and our stakeholders consider material or significantly important. We identify these material issues by talking to our stakeholders, tracking media coverage, and assessing our own operations' performance against our policies and standards. For example, we expect all of our operations that are land to which Indigenous Peoples are connected to have procedures and practices in place to prevent the destruction of sacred sites and to maximize the employment and business opportunities available to them.
If there is an occurrence throughout the year that may influence Newmont's share value, then we consider this to be material. If a majority of stakeholders at one of our mines think an issue is important, then we would also consider this to be material. We come to understand the views and interests of our local stakeholders through regular engagement activities, which have been designed to elicit their views about our activities.
In addition, if several leading global NGOs raise issues of concern, or if the national or international media frequently report on a topic, then we consider this to be material. We also communicate other more lower-profile topics considered to be material to stakeholders.
In addition, we follow closely the guidance provided by
AccountAbility, which recommends the following questions be asked to test what issues might be material.
- Is there a direct financial impact?
- Does it impact policy-related performance?
- Is it in line with organizational peer-based norms?
- Is it in line with stakeholder behavior and concerns?
- Does it conform to societal norms?
About this Report
This report focuses on:
- The health and safety of our employees, contractors and communities.
- The fair and equitable treatment of our work force.
- The long-term or sustainable contribution our operations make to local communities.
- The protection of the environment throughout the mine life cycle.
- Exploration activities, projects and closed sites are included in the report when and as they are material.
We prepared the 2007 Global Sustainability Report in accordance with the
Global Reporting Initiative (GRI) guidelines (G3), including the Mining and Metals Sector Supplement (published in 2005). We also commissioned
ERM to provide independent assurance on this corporate Global Sustainability Report to ensure it is objective and credible. ERM also verified select data contained in the report as part of its independent assurance process. This does not include verification of financial data, which was taken from
Newmont's 2007 Annual Report audited by PricewaterhouseCoopers.
This report also fulfills Newmont's commitment to report on its progress on its commitment to the
ICMM 10 Principles of Sustainable Development and its commitment to implement the
UN Global Compact's 10 principles on human rights, bribery and corruption, labor and the environment.
View the Glossary
This report describes how we approach sustainability reporting, as well as the internal and external assurances we seek to validate our reporting. We also share detailed information on the 2006 programs and performance in the areas of community relations, environment, health and safety, and employee well-being.
Due to the online format of this report, we will post newsworthy programs and stories from our operations throughout the year, so please check back regularly for updates. In May of each year, we will release an updated report, including performance data from the previous year to demonstrate tangible progress we made from year to year.
Scope of Report
This report focuses on Newmont's current operating sites. Data presented here updates our 2006 report and is for the 2007 calendar year, and all financial figures are quoted in U.S. dollars. References to "Newmont," "the company," "we" and "our" refer to Newmont Mining Corporation and/or our affiliates and subsidiaries.
Further Information
For more information about Newmont, including specific financial data and details of our governance structure, see our 2007 Annual Report and Form 10-K (an overview of Newmont's business and financial condition submitted to the U.S. Securities and Exchange Commission).
Feedback
We welcome your comments. Please e-mail us at:
esrgroup@newmont.com.
Alternatively, you may contact:
Dave Baker
Vice President, Environmental Affairs and
Sustainable Development
dave.baker@newmont.com
Helen Macdonald
Director, Community Relations and
Social Development
helen.macdonald@newmont.com