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Newmont Goldcorp’s Global Water Strategy in Focus at World Water Week

Managing water as a precious resource and working collaboratively to create value and improve lives through sound water stewardship are at the core of Newmont Goldcorp’s global water strategy.

The collaborative approach we’re taking will be in focus on Tuesday, August 27 during an interactive session, titled “Water Stewardship – Managing Collective Challenges and Collaborating to Drive Change.” It is part of Sweden’s World Water Week 2019 – the leading annual event on global water issues.

Follow #WWWeek to see everything happening at World Water Week.

The session (taking place in room M2 at 4:00 p.m. Stockholm time) will highlight the role the mining industry can play in contributing to global water stewardship and explore opportunities for scaling action through collaboration with others. The International Council on Mining and Metals (ICMM) will provide an overview of what water stewardship means for the sector, followed by company-specific examples. Briana Gunn, our Director of Environmental Affairs, Sustainability and External Relations, will highlight the partnership with World Resources Institute (WRI) to support Newmont Goldcorp’s development of watershed-based targets.

“Water is a requirement for sustainable development and is critical to socio-economic growth, energy and food production, ecosystems and human health,” says Briana. “Having a shared understanding of the value of water, working in partnership to advance water stewardship and supporting the objectives of the United Nations Sustainable Development Goals are growing priorities for the mining industry.”

Since implementing our global water strategy, we have improved our approach to managing water, with key accomplishments including:

  • Water accounting and reporting: a framework for each mine site to consistently record and communicate water used and volumes returned to the environment
  • Governance and site water management: site- and region-based water strategies covering the life of operations, and identifying a single point of accountabilities
  • Water efficiency and targets: goals set for reducing fresh water consumption – we have already exceeded our 2019 target of a 5 percent reduction
  • Collaboration and collective action: local and regional stakeholders gather to learn about water use and conservation, and they develop projects that support shared challenges