US Mining Company Agrees to 'Green' Review
Arnoldy, Ben, The Christian Science Monitor
For the first time, an American mining firm has supported a "social responsibility" resolution put forward by shareholder activists.
Shareholders of Newmont Mining Co., the world's largest gold mining firm, approved this week an independent review of the environmental and social impacts of the company's global operations. And before the vote Tuesday, the Denver-based company took what activists say is the unprecedented step of endorsing the measure.
The milestone shows the ability of the "ethical investing" movement to gain the ear of major corporations, especially for environmental concerns as companies come under increased pressure to go green, say specialists …
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Publication information: Article title: US Mining Company Agrees to 'Green' Review. Contributors: Arnoldy, Ben - Author. Newspaper title: The Christian Science Monitor. Publication date: April 26, 2007. Page number: 2. © 2009 The Christian Science Publishing Society. Provided by ProQuest LLC. All Rights Reserved.
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