Column: Electric dreams turn into a nightmare for battery metals
A sector that was once racing to build new supply has been closing mines and deferring projects as low prices bite into the cost curve.
Newmont Goldcorp (NYSE: NEM, TSX: NGT) announced Monday that the world’s largest gold producer has been ranked as the top global gold mining company on the Dow Jones Sustainability World Index (DJSI World) for its environmental, social and governance (ESG) performance.
This marks the 12th consecutive year the company has been named to the list. Newmont was the first gold miner named to the index in 2007, and has been included on the DJSI North America Index every year since 2006.
The DJSI evaluates companies based on a comprehensive corporate sustainability assessment (CSA) conducted by Swiss-based RobecoSAM, a sustainability asset management, analysis and investment firm. The CSA evaluates 20 financially material sustainability criteria across economic, environmental and social dimensions.
Newmont ranked in the 100th percentile for leading performance in the following areas:
“Leading environmental, social and governance performance not only helps us manage risk and create value for our stakeholders, it is also an indicator that our business is well-managed and positioned for long-term success,” commented president and incoming CEO Tom Palmer.
