Mining & Extraction

Newmont sustainability score: 27/100

27/100

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About Newmont

Newmont Corporation is the world's largest gold mining company, founded in 1916 and headquartered in Denver. With FY2022 revenue of $11.9 billion, it operates mines across the Americas, Australia, and Africa.

More about Newmont

The company is an ICMM founding member and leads the gold sector on ESG indices, though its sustainability performance lags behind the commodity extraction industry's own ceiling.

Founded 1916Head office Denver, United StatesStaff ~31,600Revenue ~$19.4BWebsite ↗

Our verdict

Newmont has comprehensive emissions reporting and SBTi-validated 2030 targets, but absolute emissions rose 17% post-acquisition and remain on an upward trajectory. Submarine tailings disposal at Lihir, repeated water violations at Red Chris, historical fines for spills, and documented negative climate lobbying undermine its net-zero credibility. The company's scores reflect disclosed practices, not genuine emissions reduction.

Newmont scores 27/100 (Significant gaps) on SINK's independent climate assessment, scored from public data only. Scores are free. Companies can never pay for anything about their own score. Last verified May 2026.

That places Newmont joint 759th of 934 companies scored, and 6th of 13 in Mining & Extraction.

The ten questions

What is Newmont doing well, and where does it fall short?

Strongest on Carbon Footprint: Operations and Transparency & Accountability (7/10, 7/10). Weakest on Emissions Trajectory and Controversies & Red Flags (2/10, 2/10).

What's missing

Where Newmont lost points

For each question that lost points, the evidence our public rubric looks for that we didn't find.

  • Emissions from its own operations7/10Its own emissions aren't independently verified or tracked over several years.
  • Emissions from its supply chain6/10No full value-chain map or supplier engagement programme.
  • Whether its emissions are falling2/10No evidence its emissions are falling, not even from energy bills or mileage.
  • How clean its energy is4/10Less than half its energy shown to be renewable, or no transition plan.
  • Its effect on nature5/10Its effect on nature isn't measured or independently verified.
  • How it uses materials and handles waste4/10No measurable waste or recycling targets reported publicly.
  • Its effect on water5/10No measured water footprint with reduction targets.
  • Its climate targets6/10Its targets aren't validated by the Science Based Targets initiative.
  • How openly it reports7/10No annual impact report, or no pay linked to climate targets.
  • Its record on controversies2/10Points deducted for controversies or its business model. The finding is under question 10.

A score changes when the evidence does. We use new published evidence at the next rescore. Anyone can send us new evidence, free. How to send it.

The calculation

How is Newmont's SINK score calculated?

Same ten questions for every company. No private weighting.

SINK = (0.3 × Base + 0.7 × Performance) × Scale
Industry base impact
Mining & Extraction sector ceiling.
15 / 100
Performance score
Sum of the ten questions, each scored 0 to 10.
48 / 100
Raw score
Weighted average before scale penalty.
(0.3 × 15) + (0.7 × 48) = 38.1
Scale penalty
Multiplier based on total emissions. Bigger polluters lose more.
× 0.7
Final score
Rounded. Significant gaps.
27 / 100
Where the evidence comes from

What evidence is Newmont's score based on?

12 sources used in this assessment. All publicly available. Each row shows which of the ten questions it informed.

33% of them were published by Newmont itself; the rest come from independent sources.

Scored on 4 April 2026 under an earlier version of our method. We're re-checking it under the current method.

8 of 12 sources are independent of the company.

[1]Self-reported
Newmont 2024 Performance Data
2025
Q1Q9
View →
[2]Self-reported
2023 Pro-forma GHG Emissions Calculation Methodology
2024
Q1
View →
[3]Independent source
GlobalData Mining: Newmont Annual GHG Emissions
Unknown
Q2Q3
View →
[4]Public record
Business Daily (June 2023) — Sustainability reporting
2023
Q2Q4
View →
[5]Independent source
Net0Tracker: Newmont Emissions Profile
OngoingArchived copy from 2025-07-13: the original link no longer opens for us.
Q3Q8
View →
[6]Public record
Collgar Wind Farm: Newmont Power Purchase Agreement
2025
Q4
View →
[7]Self-reported
Newmont Approach to Biodiversity
Unknown
Q5
View →
[8]Self-reported
Newmont Sustainability Hub — Environment
Ongoing
Q6Q7
View →
[9]Independent source
Earthworks: Newmont Ocean Dumping and Lihir Mine
Unknown
Q5Q6Q10
View →
[10]Public record
Business in Vancouver: BC Penalizes Red Chris Mine
UnknownArchived copy from 2025-10-09: the original link no longer opens for us.
Q7
View →
[11]Public record
Wikipedia: Newmont (controversies and history)
Ongoing
Q10
View →
[12]Independent source
InfluenceMap: Newmont Climate Advocacy Profile
Ongoing
Q10
View →

If you believe a source has been misread or a newer version exists, submit a challenge.

For Newmont

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    Newmont: SINK sustainability score 27/100.

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Newmont in context

How does Newmont compare with other mining & extraction companies?

Where Newmont sits among mining & extraction peers.

Among the 13 major mining & extraction brands we've scored, Newmont sits 6th of 13.

6/13
Newmont's rank
25
Industry average
20
Industry low
31
Industry high
See all 13 in Mining & Extraction →
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