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Daily CSR

Daily CSR
Daily news about corporate social responsibility, ethics and sustainability

‘Ensuring Access To Clean And Potable Water’



09/29/2017

Newmont Mining Corporation’s ‘Global Water Strategy’ seeks to combine water stewardship with “sustainable mining”.


Dailycsr.com – 29 September 2017 – The Newmont Mining Corporation has recognised the “World Water Week” and adopted its theme of “Water and Waste: Reduce and Reuse”, whereby it highlights its commitments towards transparency in its “global water strategy”.
This is the first in a series of blogs on Newmont’s water performance.
 
In the first blog of Newmont’s “series of blogs” on its water performance, it said:
“We believe that access to clear and relevant data is key when developing our global water strategy. Recently, we have shifted our strategy from a focus on excellence in water management within the Company’s direct footprint to the improvement of lives through responsible water stewardship. And this includes addressing watershed-level challenges and sustainable water use for stakeholders and ecosystems”.
 
The company’s “global water strategy” is in accordance of UN’s “Sustainable Development Goal (SDG) 6” that deals with sanitation and water. The same was been noted to be among the top “five priority SDGs” of the company for the year of 2016. Furthermore, the company has also identified “access to water as one of Newmont’s top seven salient human rights issues”.
 
Additionally, the blog also informed that the company uses “current water accounting data and water management practices” to score a better efficiency rate besides reducing “costs and risk” and improving “water delivery to external users” which in turn will “contribute to ecological improvement”. Here is a list of goals, the company wishes to seek, as mentioned by the Ethical Performance:
  • Reduce fresh water consumption by increasing reuse and recycling
  • Reduce fresh water use through improving in site water management, efficiencies and loss reduction.
  • Identify and implement innovative ideas to reduce water requirements for process and waste management.
 
While, the blog added:
“Ensuring access to clean and potable water is in keeping with our purpose to create value and improve lives through sustainable mining. And we believe our enhanced global water strategy will create long-term benefits for both our stakeholders and the communities where we operate”.
 
 
References:
ethicalperformance.com