Page 36 - Bullion World Volume 04 Issue 07 July 2023

Bullion World | Volume 3 | Issue 7 | July 2023

Governance Initiatives:

Companies/ Ethics and Board Risk Transparency Anti-Corruption
Initiatives Compliance Oversight Management and Reporting and Anti-Bribery

Newmont Confidential 82% of the Implemented Engaged with Anti-corruption
Corporation whistleblower board consists 98% of stakeholders to training to
hotline. of independent recommended gather feedback approximately 32,000
Mines: United directors & risk mitigation and address employees and
States, Australia, 42% of board actions. concerns. employees..
Peru, Ghana. members are
women.

Barrick Gold Ethics training for 40% gender 20% reduction in Published all Anti-corruption
100% employees, diversity on the high-risk areas. reports on time. training for 95%
Mines: United contractors, and board. of employees,
States, suppliers. 15% increase contractors, and
Argentina, 15% in community suppliers
Dominic Confidential improvement investment.
Republic. whistleblower in board
hotline. effectiveness
scores.
Newcrest Mining Received and 38% female Identified and Due diligence 6,500 hours of anti-
resolved 27 representation. assessed over assessments corruption training.
Mines: Australia, reports through 7,500 risks on over 300
Papua New its confidential with 1200 risk business
Guinea, whistleblower mitigation actions. partners.
Indonesia, hotline.
Canada.

McMoRan 95% employee 70% 15% reduction in Engaging with anti-corruption
compliance rate. independent operational risks. 100 stakeholders training resulting in
Mines: Indonesia, directors. to gather 90% awareness level.
United States, Received and feedback.
Peru, Chile, addressed 20 40% female
Democratic whistleblower representation.
Republic of reports.
Congo.
Kinross 95% employee 75% Evaluated over Due diligence 90% compliance rate
compliance rate. independent 1,000 potential assessments on with anti-corruption
Mines: Brazil, directors. risks and hazards 200 business policies.
Russia, & reduced 20% partners and
Mauritania, 30% women high risk incidents. suppliers.
United States, directors. 15% reduction in
Ghana. 98% compliance corruption risks in the
rate. supply chain.
Gold Fields Training program 40% female Mitigated 20% increase Audits on 100% of
to 95% of representation. identified risks by in stakeholder high-risk business
Mines: South employees, 70%. satisfaction. partners, resulting in a
Africa, Ghana, contractors, and Annual board 95% compliance rate.
Peru, Australia. suppliers. evaluations, with 95% compliance Sustainability
an average score rate with legal reports received
50% reduction of 4.5 out of 5 for and regulatory an average rating
in reported effectiveness. requirements. of 4.6 out of 5.
corruption
incidents.

Note- All the data collected above are taken from Annual Sustainability Report 2022.

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