At Newcrest, we strive to operate in a manner that puts the health and safety of our people first, is environmentally responsible, supports the communities in which we operate, and maintains effective relationships with suppliers and customers. As we extend our operations and exploration projects, we are mindful of the need to establish and maintain our ‘licence to operate’. We seek to build and maintain enduring relationships with our employees, host communities, suppliers and customers, based on recognition and respect for human rights, trust and active partnerships.
Newcrest is focused on maintaining a safe workplace. We discover, build, develop and operate in line with good environmental practices and we embrace a strong sense of commitment to local communities. We acknowledge that mining and processing is a major consumer of energy, water and other resources and we work continually to reduce energy consumption and emissions and maximise the responsible management of materials. We aim to minimise the impact on ecosystems in which we operate.
We recognise that economic participation around our mines and exploration sites by host communities creates opportunities to contribute to their broader social development objectives. We also seek opportunities for sustainable economic development beyond the direct relationship with the mine, plant or exploration site.
Our ongoing pursuit of greater public transparency, governance and accountability in relation to revenues generated and paid by extractive industries to host countries and landowner body corporates is intended to support communities in their legitimate desire to monitor how such revenues are being distributed and spent.
As part of our corporate philosophy towards transparency and governance, we are committed to promoting and supporting implementation of the Extractive Industries Transparency Initiative (EITI) in the countries in which we operate by publicly disclosing payments made to governments in line with the respective national EITI processes. More information regarding the EITI is available at www.eiti.org.
Public reporting and a commitment to keep our stakeholders informed is another part of our commitment to sustainability. Our annual Sustainability Report outlines Newcrest’s safety, health, economic, environmental and social contribution to the regions and communities where we operate.