Submitted by: Newmont Corporation
Posted: Sep 17, 2007 – 01:30 PM EST
Sep. 17 /CSRwire/ - DENVER, CO - September 17, 2007 - Newmont Mining Corporation (NYSE:NEM) today announced it was chosen to be listed on the Dow Jones Sustainability Index–World (DJSI World, www.sustainability-index.com).
DJSI World, Dow Jones's premier sustainability index, tracks the performance of 2,500 leading companies, worldwide. The index independently evaluates companies' long-term economic, environmental, and social performance, publicly identifying the top 10 percent of performers in areas of sustainability.
"Our vision to become the gold company of choice for our employees, shareholders and host communities requires that we continually improve our performance," said Mr. Richard O'Brien, Newmont's President and CEO. "Being the only gold company recognized on DJSI World indicates we are making progress and moving in the right direction."
Companies are selected based on a systematic assessment identifying the top sustainability leaders in 58 different industry groups. The methodology evaluates companies based on a variety of criteria, including transparency, corporate governance, risk and crisis management, environmental management and performance, community relations and development, energy consumption and climate change, biodiversity, human resources, stakeholder relations, and safety.
Newmont has participated in the DJSI assessment and selection process since 2003. In 2006, the company was listed on the DJSI North America, which reports the top performing 20 percent of the largest 600 sustainability-driven companies in North America.
"Hard work and commitment by Newmont employees has allowed us to be ranked with some of the most respected companies in the world," said Mr. O’Brien. "This distinction would not be possible without the solid and consistent performance of our operations."
More information on Newmont can be found in the company's annual sustainability report, www.BeyondTheMine.com. The report is published as part of Newmont's ongoing obligations as a founding member of the International Council on Mining and Metals (www.icmm.com) and in accordance with its commitments under the United Nations' Global Compact (www.unglobalcompact.org) and the Voluntary Principles on Security and Human Rights (www.voluntaryprinciples.org).
Founded in 1921 and publicly traded on the NYSE since 1925, Newmont is one of the largest gold companies in the world. Headquartered in Denver, Colorado, the company employs approximately 15,000 people, the majority of whom work at Newmont's core operations in the United States, Australia, Peru, Indonesia, and Ghana. Newmont also is the only gold company listed in the S&P 500 index. Newmont's industry-leading performance is reflected through high standards in environmental management, health and safety for its employees and creating value and opportunity for host communities and shareholders.