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Report Summary
Community Relationships Review
"For Newmont, this transparent process provides a robust and independent analysis of how we manage our community relationships as a company. This comprehensive approach offers a valuable and in-depth understanding of the complexities of these relationships, the contexts in which conflicts may occur and recommendations for improvement. Successful execution of the CRR's lessons will help Newmont become an industry leader, while ensuring we continue creating sustainable value and opportunity for our shareholders, employees and host communities. I am personally committed to following through on the CRR so that we and all of our stakeholders benefit from its insight and recommendations."
— Richard O'Brien, President and Chief Executive Officer
Newmont's vision is to be the most valued and respected mining company through industry leading performance. A core value that will help us to achieve that vision is to demonstrate leadership in safety, stewardship of the environment and social responsibility. We know that support from the communities in which we operate is essential to the long-term success of our company. Throughout the mine life cycle, from the earliest exploration activity through to mine closure, we strive to engage and consult with communities and governments that host our operations with respect and transparency.
For the past several years, we have undertaken to put in place policies, standards, and practices to guide our operations in building effective and positive relationships with our host communities. However, we have not always been successful. On Tuesday, April 24, 2007, nearly 92% of Newmont stockholders, supported by a recommendation from the Newmont Board of Directors, voted in favor of a resolution committing the company to conduct a global review and evaluation of Newmont's policies and practices relating to the existing and future relationships with local communities, including aspects of potential conflict and opposition.
The Board charged its Environmental and Social Responsibility Committee with the task of developing and implementing a plan of work that will respond to the resolution. An independent Working Group was established to shape and implement the scope, methodology and direction of the CRR, guided by an independent Advisory Panel of leading global sustainability experts and advocates. The findings of this effort have shown that Newmont must:
We also welcome your feedback or questions about this process, or the reports themselves, and hope that you will contact us.
— Richard O'Brien, President and Chief Executive Officer
Newmont's vision is to be the most valued and respected mining company through industry leading performance. A core value that will help us to achieve that vision is to demonstrate leadership in safety, stewardship of the environment and social responsibility. We know that support from the communities in which we operate is essential to the long-term success of our company. Throughout the mine life cycle, from the earliest exploration activity through to mine closure, we strive to engage and consult with communities and governments that host our operations with respect and transparency.
For the past several years, we have undertaken to put in place policies, standards, and practices to guide our operations in building effective and positive relationships with our host communities. However, we have not always been successful. On Tuesday, April 24, 2007, nearly 92% of Newmont stockholders, supported by a recommendation from the Newmont Board of Directors, voted in favor of a resolution committing the company to conduct a global review and evaluation of Newmont's policies and practices relating to the existing and future relationships with local communities, including aspects of potential conflict and opposition.
The Board charged its Environmental and Social Responsibility Committee with the task of developing and implementing a plan of work that will respond to the resolution. An independent Working Group was established to shape and implement the scope, methodology and direction of the CRR, guided by an independent Advisory Panel of leading global sustainability experts and advocates. The findings of this effort have shown that Newmont must:
- Improve its engagement with local communities;
- Build its capacity to resolve conflict and address grievances; and,
- Develop global policies, standards and programs that better guide its behaviors.
- Interviews with more than 250 local community members, non-governmental organizations and other external stakeholders;
- Examination of company policies, standards, procedures, and training programs;
- Interviews with more than 100 company personnel at the site, regional and corporate levels; and,
- Country-level analyses of relationship contexts.
We also welcome your feedback or questions about this process, or the reports themselves, and hope that you will contact us.
