Introduction Corporate social responsibility (CSR) is an

Introduction
Corporate social responsibility (CSR) is an initiative in which any business organisation can
take action to improve the status of the society in which they are working so that
environmental sustainability could be maintained and society as a whole and business
organisation as well can work in sustained manner for longer period of time. Many aspects
can be included in their initiative like human rights, community welfare and development,
improving environmental protection etc.
The organisation which is selected for this study is a mining sector S&P 500 index listed
company ‘Newmont Mining Corporation’ which primarily operates in countries like USA,
Australia, Peru, Ghana etc. Newmont Mining is a leading Gold and Copper producing
company. The Company has its name in value creation, which is ably supported by its leading
team of technical, environmental, social and safety performer in the field of mining. It will be
interesting to know whether these companies follows the guidance of Corporate Social
Responsibility, if they followed, what type of CSR work generally they took-up to implement
and under what theoretical background they took-up these CSR activities. Whether it is
community development related or environmental related or any other issues related to
developmental sector. Why these corporate body took-up these CSR initiative and how far
they are successful in implementing these Corporate Social Responsibility for a development
of certain section of society where they operate. It will be fascinating to take any one of such
example where they implemented CSR initiative and made positive impact on life of people
residing in that region.

News Article
Getting basic necessities like water, basic food, shelter etc. are need of every human being
whether they are rich or poor, privileged or unprivileged, denying basic necessities are
violation of basic human rights. Though water is available everywhere but it is very scarce
and invaluable resource, which requires utmost care and preservation in its uses. Wastage of
water can impose great threat for human being. Teaching and helping water conservation and
optimal use of water resources is also one of the initiatives which come under corporate social
responsibility. Non-availability or less availability of water for general public uses could
violate basic human rights of common people. One such Corporate Social Responsibility
work which was taken up by Newmont Mining Corporation in partnership with the Project
WET Foundation (WET-"Water Education for Teachers") in Yanacocha mining, Peru,
(Newmont Mining Corporation, 2018), the Project has been dedicated to reaching out
children, parents, teachers and community members with action-oriented water conservation
education to enable every child value the uses of water or understand the significance of water
in human’s life, and ensuring a sustainable future for mankind. This partnership was aim to
focus on empowering teachers at school level as well as other educators to equip community
members to create not only community members awareness programme but also develop
expertise on how water is used, managed and protected in their respective regions. Besides
this, developing a need based curriculum for teacher training workshops in Peru and Suriname
where Newmont has a mining operations. The collaborated Project under WET-Newmont
partnership is also evaluating opportunities to expand the water education program beyond
South America to other region of its mining operation. It was also identified and prepared to
expand it in other community based partner areas in Surinam. To effectively execute this
CSR activity their local educators played a pivotal role in helping to teach children, families
and all users about effective and responsible water management.

Newmont Gold Corporation and its CSR activities
As per its annual report 2018,” Newmont Gold Corporation and Newmont subsidiaries is a
large organisation which employed approximately 12,400 people as on December 31, 2018.
Besides, 11,800 people were working as contractors in support of Newmont’s operations” at
same time period as stated above. (Newmont Gold Corporation. 2018)
Market cap of Newmont Gold Corporation has 25.43B as on 18th May 2019. (Yahoo Finance,
May 2019) As far as its main business areas are concerned for this company these are Gold
mining, copper mining. It is one of the leading gold mining companies in the world. Newmont
has been one of the prestigious indexes every year since and has also been named the mining
industry leader for the past three years.
Newmont’s CSR works done in Merian Mine area of Suriname is also praiseworthy in which
it engaged experts to inform local people about its biodiversity offset programme which
helped minimize environmental impact. It also provided native local people employment
opportunity and community development fund. (Harvest Gold, 2016)
Newmont Ghana’s Ahafo Development Foundation (NADeF) established in 2008 “The
Company contributes one dollar per ounce of its annual gold production and one percent of
net profit each year to support various development initiatives in the Brong-Ahafo region.”
(Newmont Gold, 2014)
Newmont Gold Corporation with its partner WET foundation collaborated to provide teaching
help, awareness and training to conserve their water resource for its optimal and sustainable
use in South American mining areas of Peru and Suriname where they operate for their
mining activities. This collaboration will provide educational training to local educator to
teach local community member to save water and stop its wastage. Newmont CSR activities
spread over many countries like Unites states, Australia, Peru, Ghana, and Suriname spread
over four continents that is Australia, North America, South America and Africa. In Brong
Ahafo mining area of Ghana they have taken many community development programme like
school construction, community hospital, community canter, etc. which is serving local
people and villagers are getting benefited from facilities. (Dan F. Ofori, Robert E. Hinson,
2007) These CSR activities includes measures for community development like construction

and operation of school building, health centres, community centre, teacher’s quarters.
Training for various social activities like teacher’s training for local on conserving water etc.
In Nevada, USA they design and implemented enhanced biodiversity conservation programs
at Newmont’s global mine sites, which will definitely benefit local people.
These all CSR activities by Newmont in all these countries helped employees to maintain
their efficiency level even in adverse condition and also create right atmosphere for local
community members. Increase efficiency increase contribution to company and economy of a
nation.