Operating safely and sustainably is at the core of Newcrest’s strategy.
It starts with everyone living our values and everybody going home safe and healthy every day.
Our integrated approach to sustainability is reflected across the company from the charter of our Board’s Safety & Sustainability Committee to our Sustainability Policy, our Climate Change Policy, our emissions reduction targets and operating plans.
Within our business we have a range of sustainability-related policies addressing climate change, energy, biodiversity, water stewardship, human rights, indigenous relations, and community relations.
Promoting sustainable mining principles
Embedding sustainability in our business sees us work with industry associations to promote sustainable mining and ethical business practices and to enhance transparency through public reporting.
We are members of the International Council on Mining and Metals (ICMM), an international organisation that brings together 25 mining and metals companies and over 30 regional and commodities associations dedicated to a safe, fair and sustainable mining and metals industry.
The ICMM serves as a catalyst for change to enhance mining’s contribution to society. We also play an active role with the World Gold Council and Minerals Council of Australia on sustainable mining practices
Everybody going home safe and healthy every day
The health and safety of our workforce is a priority for Newcrest. Our clear focus is on eliminating fatalities, life-changing injuries and occupational illnesses from our business, while striving to make continual progress on reducing all injuries and health impacts. We value learning and sharing knowledge to improve how we maintain a safe and healthy workplace, through an emphasis on safety leadership, effective management of critical risks, a focus on health, hygiene and wellbeing and robust process safety management.
We care for the environment
We integrate environmental management into all facets of our business, ensuring environmental risks are identified and managed to achieve positive environmental outcomes. We acknowledge that mining and processing is a major consumer of energy, water and other resources.
We work continually to reduce energy consumption and emissions and maximise the responsible management of materials. We have put in place targets to cut our greenhouse gas emissions intensity by 30% from 2018 to 2030, to improve our recycling activities, and take a catchment-based approach to water management. These activities and many others are all focused on minimising our environment impact and footprint.
Strong relationships with communities and governments
We recognise that a planned, transparent and constructive approach to stakeholder engagement and local socioeconomic development are key to attaining sustainable goals. Our engagement with governments, communities and lease area landholders in the areas where we operate is active, inclusive and equitable. This approach is evident through our employment of local people and local businesses and ensuring that landholders and affected communities are fairly compensated.
Our approach to agreement making ensures communities and governments are resourced, through direct and indirect benefits arrangements and capacity building, to enable self-reliant socio-economic advancement. Such support underpins a wide range of sustainable development activities including local infrastructure, housing, health and education services, agri-business development, and business development training. Active partnerships with government and non-governmental organisations are critical to the success of these socioeconomic initiatives, with the added benefit of encouraging effective regulation and ongoing government commitment.
Governance and transparency
We promote, support and participate in initiatives aimed at transparent and good governance in the countries in which we operate. We are committed to respecting the human rights of all stakeholders and the laws of the countries in which we operate. We seek to prevent or mitigate any negative impacts of our activities, and maximise our positive impacts, including in relation to human rights, and to ensure that our operations do not contribute to conflict. Our approach to human rights is based on the Universal Declaration of Human Rights and the United Nations Guiding Principles on Business and Human Rights.
Newcrest is a member of the Voluntary Principles on Security and Human Rights Security employees and contractors are trained in these Principles. We also endeavour to work with public security forces to promote an understanding of the Voluntary Principles. As a supporting member of the Extractive Industries Transparency Initiative, we publicly disclose the revenue and benefits we generate in accordance with relevant national processes.
Further information on Newcrest’s approach to sustainability can be found in our annual Sustainability Report.