Memberships
Newcrest engages in a variety of ways with industry and business, nongovernment organisations, education and research institutions.
Our Sustainability Report demonstrates how we are strengthening our engagement with our key stakeholder groups, including our industry associations.
Our ongoing relationships with all our stakeholders and our commitment to the International Council of Metals and Mining, Minerals Council Australia and the World Gold Council are crucial for enabling a sustainable and profitable business.
Since becoming a member of ICMM in August 2017, we have progressed our settings and performance in alignment with the ICMM 10 Principles and Position Statements, as has been set out in our sustainability reporting. For further definition of the 10 Principles and Position Statements go to www.icmm.com
Our memberships:
Principle 1
Apply ethical business practices and sound systems of corporate governance and transparency to support sustainable development.
Principle 2
Integrate sustainable development in corporate strategy and decision-making processes.
Principle 3
Respect human rights and the interests, cultures, customs and values of employees and communities affected by our activities.
Principle 4
Implement effective risk-management strategies and systems based on sound science and which account for stakeholder perceptions of risks.
Principle 5
Pursue continual improvement in health and safety performance with the ultimate goal of zero harm.
Principle 6
Pursue continual improvement in environmental performance issues, such as water stewardship, energy use and climate change.
Principle 7
Contribute to the conservation of biodiversity and integrated approaches to land-use planning.
Principle 8
Facilitate and support the knowledge-base and systems for responsible design, use, re-use, recycling and disposal of products containing metals and minerals.
Principle 9
Pursue continual improvement in social performance and contribute to the social, economic and institutional development of host countries and communities.
Principle 10
Proactively engage key stakeholders on sustainable development challenges and opportunities in an open and transparent manner. Effectively report and independently verify progress and performance.
In September 2019 the World Gold Council (WGC) launched its Responsible Gold Mining Principles, an over-arching framework that sets out clear expectations for consumers, investors and the downstream gold supply chain as to what constitutes responsible gold mining.
Developed with input from more than 200 organisations, and experts from governments, international organisations and gold supply chain participants, the principles address the key environmental, social and governance issues for the gold mining sector and reflect the commitment of the world’s leading gold mining companies to responsible mining.
Companies implementing the principles will be required to publicly disclose their adherence to them and to have this assured by a third-party, independent provider. Newcrest’s undertaking to implement the Responsible Gold Mining Principles aligns with our long-term commitment to increasing sustainability across the business.
The Responsible Gold Mining Principles closely align with the ICMM 10 Principles, so that members of ICMM who are also WGC members will be able to streamline implementation and reporting.