At Newmont, in 2014, TRIFR was down to a record low and BRGs were up. What do these initials mean? Read on to find out more about these achievements and our commitments to our people.
The 28,000 employees and contractors who work on Newmont’s behalf are our most important resource. They are the key to realizing the value of all our other resources. They open the door to new opportunities and new geographies. And, with the right support, training and incentives, they provide our most sustainable competitive advantage.
Our global People Policy is based on this understanding. It outlines the commitments we make to develop our employees, and to create an equitable, inclusive and performance-focused workplace that makes people proud to be a part of Newmont.
The safety and health of our people come first. Our goal is a culture of zero harm, and in 2014 we exceeded our target of a Total Recordable Injury Frequency Rate (TRIFR) of less than 0.5 with a TRIFR of 0.39, a new record low for Newmont. However, we tragically lost two colleagues in 2014 and experienced an increase in serious injuries during the year. We discuss our approach and ongoing efforts to eliminate injuries and illnesses from the workplace in our annual sustainability report, Beyond the Mine.
Increasing the diversity and inclusiveness of our workforce worldwide – both to attract talent and to help current employees reach their potential – is another focus area for us. In 2014, we launched business resource groups (BRGs) to help foster the exchange of ideas among women, veterans, and multicultural and millennial generation employees.
Other noteworthy achievements for 2014 include:
- Launched a formal Safety Leadership Coaching Program focused on improving frontline supervisors’ skills at seven of our sites;
- Conducted nearly 170,000 safety interactions to engage and empower people to work safely;
- Grew female representation among senior leaders to 15 percent;
- Invested $9 million in employee training and development; and
- Entered into a new workplace agreement in New Zealand that balanced fair wages and benefits with work practices that help keep our business competitive.
To learn more about Newmont’s commitment to our people and to sustainability, please visit Beyond the Mine.