Newmont’s leadership advised against adopting measures designed to assess and mitigate human rights risks, reflecting a disregard for ethical business practices and the welfare of affected communities. This follows historical patterns of ignoring or downplaying human rights violations, as evidenced by previous incidents in Peru that involved forced evictions, heavy-handed legal actions, and intimidation of local farmers and indigenous communities. Such actions contribute to corporate complicity in systemic abuses and undermine efforts to hold companies accountable for their human rights record.

Newmont Mining Advises Shareholders to Reject Human Rights Protections

The contribution made by Newmont Corp PAC represents corporate political funding that can potentially amplify the influence of candidates with authoritarian leanings. While the amount of $28,500 may not seem substantial compared to larger corporate expenditures, any financial contribution to political campaigns raises concerns about the alignment of corporate interests with political power, potentially undermining democratic processes. This political contribution is rated negatively in the context of Public and Political Behavior, particularly under the category 'Political Contributions and Lobbying Efforts.'

Newmont Corp PAC Contributions to Federal Candidates • OpenSecrets

Newmont Corporation's lobbying expenditure, as shown by OpenSecrets, suggests active engagement in influencing political processes in favor of corporate interests. From an anti-fascist perspective, the use of lobbying funds to shape policy can contribute to undermining democratic accountability and bolster authoritarian practices. This corporate behavior is seen as contributing negatively to political transparency and accountability.

Newmont Corp Lobbying Profile • OpenSecrets

Newmont's decision to suspend operations and insist on adherence to an outdated profit sharing agreement—despite union calls for a fairer distribution of benefits—reflects a reluctance to negotiate on labor terms. This approach, viewed through a left-leaning anti-fascist lens, undermines worker empowerment and fair labor practices, suggesting a prioritization of corporate interests over meaningful improvements in labor relations.

Newmont Corporation - Newmont Urges Union at Peñasquito Mine in Mexico to Abide by Labor Agreement

Newmont’s comprehensive internal governance framework—including its Code of Conduct, Integrity Helpline, and Supplier Code—demonstrates a strong commitment to ethical business practices and labor rights. Such measures indicate a proactive stance against corruption and human rights abuses.

Newmont Corporation - About Us - Governance and Ethics

The Supplier Code of Conduct explicitly mandates that suppliers respect internationally recognized human rights and adhere to strict labor practices. By embedding these standards into supplier contracts and risk management procedures, Newmont demonstrates a strong commitment to upholding labor rights and mitigating risks associated with human rights abuses in its operations and extended supply chain.

Newmont Corporation - Suppliers

The bribery investigation directly challenges Newmont Corporation’s commitment to ethical business practices. Although the company has instituted robust anti-corruption measures and is a signatory to anti-bribery initiatives, the current internal review over compliance with the Foreign Corrupt Practices Act indicates significant lapses in corporate governance and ethical responsibility.

Newmont Mining investigating bribery allegations

The report details instances of harassment and intimidation by private security, as well as a failure to provide adequate remedies to affected communities. This represents a significant lapse in labor relations and human rights practices, showing a disregard for the well-being of indigenous and local populations.

Newmont's own investigation shows it violated international standards and its own