This is the last in a four-part series on biodiversity management at Newmont.
“Biodiversity is a complex and specialized discipline,” says Scott Miller, Newmont’s Group Executive for Environment. “And we recognize that to continue to improve, we must work with outside experts and partners.” That’s why, in 2018, Newmont formalized a collaborative agreement with the International Union for Conservation of Nature (IUCN), the leading global authority on ecological sustainability.
Our three-year partnership with IUCN supports Newmont’s biodiversity commitment of no net loss of key biodiversity values as well as broader industry efforts to establish externally verified mitigation plans prior to project development. Together, we are advancing a protocol for independent verification of biodiversity gains, which will provide independent expert advice and an annual review of a different Newmont operation each year by IUCN technical groups. “The first review was held in Nevada,” Scott explains, “and the interaction between our team and the IUCN technical group generated a number of positive takeaways.”
In Nevada, IUCN engaged with regional and site-level personnel to assess Newmont’s Sagebrush Ecosystem Conservation Program (SECP) and to evaluate biodiversity efforts at Long Canyon Phase 2. Expert feedback noted Newmont’s capable and committed team, its implementation of leading practices and the potential for significant positive impact on local ranching.
Another aspect of our IUCN collaboration is the strengthening of biodiversity management across multiple industries. Together with the International Council on Mining and Metals and the Cross-Sector Biodiversity Initiative, we’re collaborating to share best management practices and aspirational principles.
Across our biodiversity management efforts, outside expertise helps us advance innovation and stewardship. The way Scott sees it, collaborative conservation planning is not only “the responsible thing to do, it also gives Newmont a leg up in securing value creation for the business well into the future.”