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Newmont claims award for excellence in board diversity and innovation

Published by , Assistant Editor
Global Mining Review,

Last Tuesday, Newmont Mining Corporation (Newmont) announced that the company won the Large Cap category at the National Association of Corporate Directors’ (NACD) inaugural NACD NXT Recognition Awards. Newmont was chosen from among 25 nominated boards of directors for excellence in harnessing board diversity and innovation as a strategy for creating long-term value.

“For Newmont, this recognition represents years of focus and hard work embracing and integrating inclusion and diversity as a catalyst for enhanced business performance,” said Noreen Doyle, Chair of Newmont’s Board of Directors.

“This commitment starts at the very top and I’m proud that five of our 12 highly qualified Board Directors are women. Newmont’s core value of inclusion and diversity helps us attract and retain the best and brightest – from the broadest talent pool – so we can achieve differentiated business results today and well into the future.”

According to the NACD, Newmont was chosen for “superior articulation of its values and the achievement of a wide-ranging diversity and inclusion programme from the board level through its global corporate operation that includes metrics and goals for compensation, business resource groups, formal reporting and engagement, and an imaginative board people policy, all of which make it a standout in its industry.”

The inaugural NACD NXT Recognition Gala & Awards Ceremony was held at the NACD Global Board Leaders’ Summit on Saturday 29 September 2018, in Washington, D.C. The gala served as the formal announcement and kick-off of NACD NXT, a multi-year initiative to equip board directors to better navigate the rapidly changing business environment and challenges of the future.

Last month, Newmont was named the metals and mining sector leader by the Dow Jones Sustainability World Index for an unprecedented fourth year in a row. Earlier this year, the company was ranked as the world’s leading miner in FORTUNE magazine’s most admired companies list. In December of 2017, Newmont was one of only two resource companies named in a ranking by the Drucker Institute, for The Wall Street Journal’s top 250 best managed companies, based on high scores in the areas of employee engagement and development and social responsibility.

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