Newmont Recognized by NACD for Excellence in Board Diversity and Innovation
Company won Large Cap category for superior articulation of values, diversity and inclusion programs
DENVER--(BUSINESS WIRE)-- Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) announced today that the Company won the Large Cap category at the National Association of Corporate Directors’ (NACD) inaugural NACD NXT Recognition Awards. Newmont was chosen from among 25 nominated boards of directors for excellence in harnessing board diversity and innovation as a strategy for creating long-term value.
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Newmont board members Noreen Doyle (Board Chair, right), Molly Zhang (center), Jane Nelson (left) accepting the inaugural NACD NXT award in the Large Cap category. (Photo: Business Wire)
“For Newmont, this recognition represents years of focus and hard work embracing and integrating inclusion and diversity as a catalyst for enhanced business performance,” said Noreen Doyle, Chair of Newmont’s Board of Directors. “This commitment starts at the very top and I’m proud that five of our 12 highly qualified Board Directors are women. Newmont’s core value of inclusion and diversity helps us attract and retain the best and brightest – from the broadest talent pool – so we can achieve differentiated business results today and well into the future.”
According to NACD, Newmont was chosen for “superior articulation of its values and the achievement of a wide-ranging diversity and inclusion program from the board level through its global corporate operation that includes metrics and goals for compensation, business resource groups, formal reporting and engagement, and an imaginative board people policy, all of which make it a standout in its industry.”
The inaugural NACD NXT Recognition Gala & Awards Ceremony was held at the NACD Global Board Leaders’ Summit on Saturday, September 29, 2018, in Washington, D.C. The gala served as the formal announcement and kick-off of NACD NXT, a multi-year initiative to equip board directors to better navigate the rapidly changing business environment and challenges of the future.
Last month, Newmont was named the metals and mining sector leader by the Dow Jones Sustainability World Index for an unprecedented fourth year in a row. Earlier this year, the Company was ranked as the world’s leading miner in FORTUNE magazine’s most admired companies list. In December of 2017, Newmont was one of only two resource companies named in a ranking by the Drucker Institute, for The Wall Street Journal’s top 250 best managed companies, based on high scores in the areas of employee engagement and development and social responsibility.
Newmont is a leading gold and copper producer. The Company’s operations are primarily in the United States, Australia, Ghana, Peru and Suriname. Newmont is the only gold producer listed in the S&P 500 Index and was named the mining industry leader by the Dow Jones Sustainability World Index in 2015, 2016, 2017 and 2018. The Company is an industry leader in value creation, supported by its leading technical, environmental, social and safety performance. Newmont was founded in 1921 and has been publicly traded since 1925.
Source: Newmont Mining Corporation