Newmont Mining is 16th Best in Global Corporate responsibility ranking

Newmont Mining Corporation, has been ranked 16 among the world’s 100 best corporate citizens, a press release from Newmont Gold Ghana, copied to ghanabusinessnews.com has said.

Newmont Mining Corporation is the parent company of Newmont Ghana.

The 2010 ranking by Corporate Responsibilty (CR) Magazine is an improvement for the company as compared to the 2009 ranking. In 2009 Newmont placed 39.

According to the release, Newmont Ghana contributed to the achievement by its consistent pursuance of sustainable, socially and environmentally responsible mining.

The ranking also follows Newmont’s renewed selection in 2009 into the prestigious Dow Jones Sustainability World Index for the third consecutive year. In 2007, Newmont be­came the first gold company to join the DJSI World.

Commenting on the achievement, Jeff Huspeni, Regional Senior Vice President for Africa Operations said, “Thanks to the efforts of Newmont Ghana’s employees and those from other Newmont operations around the globe, we can all be proud of this acknowledgment of Newmont’s environmental and social performance.

“Consistently demonstrating industry leadership in these areas is vital to ensuring the sustainability of our operations in Ghana,” he added.

The 2010 rankings show that Newmont Mining Corporation scored higher marks in four of the seven categories, compared to its 2009 performance, while maintaining the same excellent score in Governance.  Newmont joins respected businesses such as Hewlett-Packard, In­tel, Coca-Cola, IBM and Microsoft on the list and is the only mining company in the top 20, the release said.

By Emmanuel K. Dogbevi