Newmont Selected for Dow Jones Sustainability Index for Third Consecutive Year
DENVER, September 10, 2008-Newmont Mining Corporation (NYSE:NEM) today announced it was selected for a third consecutive year to be part of the prestigious Dow Jones Sustainability Index (DJSI), making the DJSI North America and the DJSI World lists for 2008 (www.sustainability-index.com). In 2007, Newmont became the first gold company selected to be on the DJSI World, after being chosen for the DJSI North America index in 2006 and 2007.
"The Dow Jones Sustainability Index is just one of the ways Newmont's environmental and social performance are independently evaluated," said Richard O'Brien, Newmont's President and CEO. "Maintaining high standards and expectations for our performance is vital to the success and sustainability of our business, so we may continue delivering value and opportunity for our shareholders, employees and host communities."
DJSI World, Dow Jones's premier sustainability index, tracks the performance of 2,500 leading companies, worldwide. The index independently evaluates companies' long-term economic, environmental, and social performance, publicly identifying the top 10 percent of performers in areas of sustainability.
O'Brien went on to add, "I am especially proud of our employees, whose ongoing commitment to sustainability honors our core values."
Companies are selected based on a systematic assessment identifying the top sustainability leaders in 58 different industry groups. The methodology evaluates companies based on a variety of criteria, including transparency, corporate governance, risk and crisis management, environmental management and performance, community relations and development, energy consumption and climate change, biodiversity, human resources, stakeholder relations, and safety.
More information can be found in Newmont's annual sustainability report, www.BeyondTheMine.com. The report is published as part of the company's ongoing obligations as a founding member of the International Council on Mining and Metals (www.icmm.com) and in accordance with its commitments under the United Nations' Global Compact (www.unglobalcompact.org) and the Voluntary Principles on Security and Human Rights (www.voluntaryprinciples.org).
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.
Source Newmont Mining Corporation