Potential offtaker

Newmont Corporation


Estimated electricity consumption


Countries of production presence


Newmont Corporation is a leading gold mining company based in the United States of America. With operations in North America, South America, Australia, and Africa, Newmont is one of the world's largest gold producers. The company has a strong commitment to sustainability and is actively working towards decarbonisation and the use of renewable energy.

Newmont is committed to reducing its carbon footprint and has set ambitious targets to achieve this. The company aims to reduce its greenhouse gas emissions by 30% by 2030 and has already made significant progress towards this goal. In 2020, Newmont reduced its greenhouse gas emissions by 16% compared to 2019 levels, and the company is on track to achieve its target.

One of the key ways that Newmont is working towards decarbonisation is through the use of renewable energy. The company has signed several power purchase agreements (PPAs) for renewable energy, which will help to reduce its reliance on fossil fuels. In 2020, Newmont signed a PPA for 200 megawatts of wind power in the United States, which will supply approximately 20% of the company's energy needs in the country. The company has also signed PPAs for solar power in Australia and wind power in Canada.

Newmont is also investing in corporate energy initiatives to improve the efficiency of its operations and reduce its energy consumption. The company has implemented energy management systems at its operations around the world, which have helped to reduce energy use and costs. Newmont is also using innovative technologies such as electric vehicles and energy storage systems to reduce its carbon footprint.

In addition to its efforts to reduce its own carbon footprint, Newmont is also working to promote decarbonisation in the wider mining industry. The company is a member of the International Council on Mining and Metals (ICMM), which is committed to promoting sustainable mining practices. Newmont is also a member of the Renewable Energy Buyers Alliance (REBA), which is working to accelerate the transition to renewable energy.

Newmont's commitment to sustainability and decarbonisation has been recognised by several organisations. In 2020, the company was named to the Dow Jones Sustainability World Index for the sixth consecutive year. Newmont was also ranked as the top mining company in the 2021 Corporate Knights Global 100 Most Sustainable Corporations in the World index.

In conclusion, Newmont Corporation is a leading gold mining company that is committed to sustainability and decarbonisation. The company is actively working to reduce its carbon footprint through the use of renewable energy and corporate energy initiatives. Newmont's efforts to promote sustainability in the mining industry have been recognised by several organisations, and the company is well positioned to continue its leadership in this area in the years to come.

✓ Science Based Targets member
✓ Declared Net Zero commitment