Corporate Social Responsibility Press Release
provided by 
10.07.2008 - 11:35am ET
News from:
Newmont Mining Corporation
Newmont Selected To Join The Carbon Disclosure Leadership Index
(CSRwire) DENVER,CO. - October 7, 2008 - Newmont Mining Corporation (NYSE:NEM)
today announced that the Carbon Disclosure Project (www.cdproject.net), representing 385
institutional investors with $57 trillion in assets under management,
commended the company for its approach to climate change disclosure and
added it to the Carbon Disclosure Leadership Index.
The index highlights constituent companies within the FTSE Global 500
Index, which have displayed the most professional approach to corporate
governance with respect to climate change disclosure practices.
"Newmont is fully committed to monitoring and managing our greenhouse gas
emissions," said Richard O'Brien, Newmont's President and CEO. "To remain
an industry leader, we are actively partnering with groups such as the
Carbon Disclosure Project to provide transparency around our carbon
emissions and build the foundation for the responsible management of these
emissions."
In addition to being included on the Carbon Disclosure Leadership Index,
Newmont became a founding reporter on The Climate Registry (www.theclimateregistry.org)
in May and was selected for inclusion on the Dow Jones Sustainability
World Index (www.sustainability-index.com) last month, for the second year
in a row.
"Good corporate governance in respect of climate change disclosure will
inevitably reap its rewards," said Paul Dickinson, Chief Executive of the
Carbon Disclosure Project. "As carbon regulation increases, those
companies that have implemented climate change related strategies are
clearly going to be in a far better position to meet the challenge of
higher carbon prices than companies that have procrastinated. Good
disclosure practices are synonymous with good management."
The Carbon Disclosure Leadership Index, compiled by PricewaterhouseCoopers
(PwC) on behalf of CDP, comprises 67 constituents of the FTSE Global 500
Index based on PwC's analysis of the responses to CDP's 2008
Questionnaire, which focused on greenhouse gas emissions, emissions
reduction targets and risks and opportunities associated with climate
change.
The Carbon Disclosure Leadership Index, which provides an evaluation tool
for institutional investors, is made up of the top 34 companies selected
from non-carbon-intensive sectors (such as Merrill Lynch & Co, Inc and
EMC) and the top 33 companies selected from carbon-intensive sectors (such
as Iberdrola and BASF).
The Global 500 Report, including names of companies featured in the Carbon
Disclosure Leadership Index, can be found at www.cdproject.net.
About Carbon Disclosure Project
The Carbon Disclosure Project, founded in 2000, represents some 385 global
institutional investors with more than $57 trillion in assets under
management. As an independent not-for-profit organization, CDP collects
key climate change data from more than 1550 major corporations around the
globe and has assembled the largest corporate greenhouse gas emissions
database in the world. CDP also works with multinational organizations to
facilitate the collection of climate change relevant data from their supply
chains.
CDP makes its requests for information and the corporate responses to such
requests publicly available for the benefit of all interested parties
including policymakers and their advisors. For more information regarding
CDP please go to www.cdproject.net.
The Carbon Disclosure Project, a company limited by guarantee and
registered in England (no. 05013650), is a Registered Charity (no.
1122330). CDP also enjoys 501(c)3 charitable status in the US as a
special project of Rockefeller Philanthropy Advisors.
About Newmont
Founded in 1921 and publicly traded since 1925, Newmont (www.Newmont.com) is one
of the largest gold companies in the world. Headquartered in Denver,
Colorado, the company has approximately 34,000 employees and contractors,
with the majority working at Newmont's core operations in the United
States, Australia, Peru, Indonesia and Ghana. Newmont is the only gold
company listed in the S&P 500 index and in 2007 became the first gold
company selected to be part of the Dow Jones Sustainability World 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
For more information please contact:
Omar Jabara, Senior Director of Communications Newmont Mining Corporation 303-837-5114 720-212-96651 www.Newmont.com
www.Newmont.com
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