exo-is/governance-reporting-on-listed-companies huggingface dataset:
Keyword: governance
Governance | Responsible Sourcing
46
2023 Sustainability Report
Newmont prioritizes workforce health and safety, 
fosters professional growth opportunities and 
contributes to a positive legacy by respecting human 
rights and diverse cultures and building enduring 
relationships.
47
2023 Sustainability Report
Newmont Corporation
Photo: Tanami, Australia
SOCIAL
Health, Safety and Security	
49
People and Culture	
53
Human Rights	
56 
Social Acceptance	
64
Expanded our Fatality Risk 
Management program to 
address risks associated with exposures 
to hazardous dust and fumes 
Completed more than 650,000 
critical control verifications 
to support the safety of our workforce  
Increased female 
representation among 
senior leaders to 33%, up from 
31% at
Keyword: governance
details on our governance, risk, 
strategy and management approach.
Newmont Corporation
1
Our Approach to Health, Safety and Security 
Safeguarding the health, safety, wellbeing and security of our employees, 
contractors and communities is our paramount commitment. Mining 
activities pose risks and hazards that must be effectively managed and 
controlled to minimize their impact. Safety is one of Newmont’s core values, 
and our global Health, Safety and Security Strategy advances our journey 
toward a workplace free from fatalities, injuries and illnesses. 
GOVERNANCE
Newmont’s commitment to safeguarding the health, safety 
and security of our employees, business partners and visitors 
is stated in our global Health, Safety and Security Policy. 
Our efforts priori
Keyword: governance
on our governance, risk, strategy and 
management approach.
Newmont Corporation
1
Our Approach to People and Culture 
Adapting to the changing nature of work presents challenges and 
opportunities in attracting and retaining top talent. Our global People 
Strategy is centered on developing leaders, cultivating diversity and 
inclusion, and enhancing the overall work experience. The goal is to 
foster a safe, respectful and equitable workplace where everyone belongs, 
thrives and is valued. 
GOVERNANCE
Our global People Policy states our commitments to 
employees and those working on our behalf, and it is 
supported by several global standards on employment 
practices. These standards set minimum requirements for 
a safe workplace environment where rights ar
Keyword: governance
sustainable governance structure that aligns with 
the current business needs, benefiting both BRGs 
and Newmont’s broader inclusion, diversity and 
equity initiatives. Approximately 350 employees, 
including executive sponsors, BRG leaders and 
employees in the People function attended the 
three-day event. By the end of 2023, we had 
29 BRGs globally. These groups encompass 
various diversity dimensions and a wide range of 
interests such as local/Indigenous, LGBTQ+, 
women, veterans, health and wellness, cultural, 
cross-generational and disabilities. 
Photo: Tanami, Australia
Social | People and Culture
54
Newmont Corporation
2023 Sustainability Report
People Experience
Our near-term focus is on enhancing the overall 
experience for all employees. 
In 2023,
Keyword: governance
our governance, risk, strategy and 
management approach.
Newmont Corporation
1
Our Approach to Human Rights
Human rights are inherent to everyone. Demonstrating respect for human 
rights is crucial for sustainable development and addressing global 
challenges, such as modern slavery and the just transition to a low-carbon 
economy. At Newmont, our practices are guided by universally recognized 
human rights principles and our global Human Rights Strategy. This strategy 
is our framework for integrating respect for human rights into all aspects of 
our operations and actions. 
GOVERNANCE
Newmont integrates our commitment to respecting human 
rights throughout our policies, practices and expectations. 
Aligned with the UN Guiding Principles on Business and
Keyword: governance
several areas (i.e., governance and policy 
commitments, embedding respect and human rights 
due diligence, remedies and grievance mechanisms, 
company human rights practices, and responses to 
serious allegations). In the 2023 CHRB, Newmont 
received the second-highest score among 110 
companies across the extractive and apparel 
industries. Our highest scores were in the areas of 
embedding respect for human rights and 
implementing our human rights practices. Our score 
improved the most in the areas of remedies and 
grievance mechanisms. We will continue to work on 
areas where we can improve our human rights 
policies and governance as well as our public 
responses to allegations.
KEY HUMAN RIGHTS ACTIVITIES AND MATTERS
Newmont regularly engages with key stakeholder
Keyword: governance
governance forums and planning workshops and hosted 
Traditional Owner delegations, including representatives 
from the CLC; Warlpiri Education and Training Trust (WETT); 
Granites Mine Affected Area’s Aboriginal Corporation 
(GMAAAC); Warlpiri cultural authority including 
representatives from the Warlpiri Secret Sacred Project. We 
also participated in several engagement events, including a 
Traditional Owner site visit focused on cultural heritage, 
work area clearances, priority action updates and other 
projects.
Background on agreements
Newmont’s Tanami mine, located within Aboriginal 
Freehold Land, operates under a Consolidated Mining 
Agreement (CMA). The CMA is regulated by the Central 
Land Council (CLC), which acts as agents for Warlpiri
Keyword: governance
on the CMA commitments. It is a planning and governance 
framework, guiding the collaborative work among Warlpiri, 
the CLC and Newmont. The TYP focuses on actions that 
improve Yapa employment, Yapa education and Yapa voice 
and supports the delivery of long-term benefits for Warlpiri 
across the Tanami Region in line with their aspirations.
Key TYP priority actions, including the Tanami Regional 
Biodiversity Monitoring project and Tanami Highway Safety 
and Service project, were collaboratively implemented. The 
Cross Cultural Awareness Training Program (CCAT) 
underwent a tender process, with a preferred Central 
Australian Aboriginal service provider selected for 
implementation in 2024.
We commenced a review that takes place every 10 years of 
the CMA in collaboration with the CLC and Tra
Keyword: governance
heritage governance and awareness training 
programs. To meet the training program criteria 
of the standard and raise awareness among 
employees, contractors, visitors and local 
stakeholders of how we manage cultural heritage 
across Newmont, the enterprise Social 
Performance team launched a series of cultural 
heritage training videos.
At the Ahafo North project, we approved a plan 
for managing and mitigating impacts related to 
cultural resources throughout the project’s 
construction phase. The plan addresses tangible 
cultural heritage relocation (e.g., shrines, cemeteries, 
archaeological sites) and intangible cultural heritage 
considerations (e.g., sites and days of cultural 
significance). We engaged with Traditional 
Authorities to reach agreemen
Keyword: governance
on our governance, risk, strategy and 
management approach.
Newmont Corporation
1
Our Approach to Social Acceptance
Gaining and maintaining the trust of stakeholders impacted by a business 
is an ongoing challenge. At Newmont, we use a methodical approach to 
managing stakeholder relationships and earning social acceptance. Through 
understanding and managing our activities’ impacts on communities and 
involving local stakeholders in decision making, we aim to build enduring 
relationships based on respect and mutually beneficial and sustainable 
development outcomes. 
GOVERNANCE
Our Sustainability and Stakeholder Engagement Policy 
states our commitment to forming respectful relationships, 
resolving conflicts and contributing to sustainable 
development i
Keyword: governance
cover topics on social performance governance, 
social standards reviews, ESG reporting, target 
setting, human rights reviews, and complaints and 
grievances mechanisms.
We engaged in several activities throughout 2023 
that exemplify our dedication to cultivating positive 
relationships and catalyzing a meaningful impact in 
the communities where we operate. The following 
summarizes these efforts across our operations. 
Argentina
Newmont was recognized by the Lazos de Oro 3 
program for its support of the “VinculaRte” project. 
This initiative, developed with the Museum Complex 
and the Directorate of Cueva de las Manos, uses 
virtual reality technology to offer an immersive 
experience of Cueva de las Manos in the Santa Cruz 
province. This UNESCO World Heritage Site features 
cav
Keyword: governance
climate governance, risk management 
approach, strategy, and public climate 
targets and performance metrics.
2023 Sustainability Report
Newmont Corporation
71
Environment
2023 Sustainability Report
Newmont Corporation
Photo: Peñasquito Mexico
WATER STEWARDSHIP
Access to clean and safe water is a 
fundamental human right, and 
responsible water management 
and stewardship are essential to uphold 
this right for surrounding communities. 
Newmont’s Global Water Strategy 
helps us understand shared challenges, 
reduce risks and improve our water 
management performance. We also 
recognize the importance of water 
management and stewardship in nature-
positive actions that contribute to the 
wellbeing and resilience of ecosystems 
and shared natural resources.
Keyword: governance
on our governance, risk, strategy and 
management approach.
Newmont Corporation
1
Our Approach to Water Stewardship
Access to clean and safe water is a fundamental human right, and 
responsible water management and stewardship are essential to uphold 
this right for surrounding communities. Newmont’s Global Water Strategy 
helps us understand shared challenges, reduce risks and improve our 
water management performance. We also recognize the importance of water 
management and stewardship in nature-positive actions that contribute to 
the wellbeing and resilience of ecosystems and shared natural resources. 
GOVERNANCE
Our Sustainability and Stakeholder Engagement Policy 
acknowledges access to clean water as a human right and 
states our commitment to stron
Keyword: governance
g governance, transparent 
reporting and responsible water management. Through 
active engagement with stakeholders, we work to identify 
and address water challenges and opportunities where we 
operate through sustainable solutions.
Our Water Management Standard details the 
requirements for proactively managing water throughout 
the mine lifecycle and protecting human health, beneficial 
use and the environment. Sites must develop a water 
management plan using an integrated watershed approach. 
Supporting on-the-ground implementation is our Water 
Management Standard Guideline.
Updated March 2024
2023 Sustainability Report
Newmont Corporation
72
Environment
2023 Sustainability Report
Newmont Corporation
Photo: Yanacocha Peru
WATERSHED-BASED RISKS
Ea
Keyword: governance
water stress, water quality, water governance and 
climatic conditions. In 2023, we engaged an external 
consultant and conducted a fulsome refresh of this 
analysis using the latest version of the World 
Resources Institute (WRI) Aqueduct Water Risk 
Atlas. We also cross-referenced the results with the 
World Wildlife Fund Water Risk Filter (WWF WRF) 
where necessary.
Baseline water stress measures the ratio of total 
water demand (i.e., domestic, industrial, irrigation 
and livestock uses) to available renewable water 
supplies (i.e., surface and groundwater sources and 
the impact of upstream consumptive water users 
and large dams on downstream water availability). 
Per the International Council on Mining and Metals 
(ICMM) Water Reporting guidance, sites with 
baseline water stre
Keyword: governance
to governance regime (i.e., policy and regulations) 
and access to water and sanitation.
Newmont Corporation
Environment | Water Stewardship
73
2023 Sustainability Report
Photo: Akyem, Ghana
WATERSHED-BASED RISKS
1 Main water supply sources are defined as groundwater (GW), surface water (SW), and municipal/third-party water (MW). No operation uses seawater 
as a water source. Precipitation inputs to operations are not identified as surface water supplies for the purposes of this figure (SW). 
2 Baseline water stress as defined by WRI Aqueduct and adjusted per the narrative. 
3 Baseline water stress does not consider interannual variability. Interannual variability can also increase the risk of water stress. For example, 
Boddington can have years of b
Keyword: governance
multi-stakeholder watershed governance bodies, 
such as our site-based community participatory 
monitoring programs. 
For 2023, sites met or mostly met the target, 
completing 82 of 103 (around 80 percent) of the 
action plans. Budget and/or supply chain constraints 
deferred most of the remaining actions to 2024. Three 
actions were canceled as being no longer relevant. 
Key activities in 2023 to progress our water 
stewardship approach included: 
	• Strengthening governance – We updated our 
operating model to incorporate dedicated site 
water leaders and regional water planners. The 
planners support the site water teams and work 
closely with our Technical Services and Safety and 
Sustainability teams on updates and revisions to 
water balances and water management plans.
Keyword: governance
watershed governance bodies that support 
collective action/management of water, and 
improving water quality and quantity.
For 2024, sites acquired through the Newcrest transaction 
will continue to deliver on water stewardship plans 
developed by Newcrest prior to the transaction date.
Our Global Water Strategy has enhanced performance, 
clarified roles and improved our understanding of water-
related risks. To further address concerns about water use 
and reduce water storage at tailings facilities, we are 
developing integrated targets for water and biodiversity 
that support and align with our climate goals. Similar to our 
climate targets, these targets will be near- and long-term, 
globally reaching, ambitious, quantitative, science-based, 
and aim to e
Keyword: governance
GOVERNANCE AND RISK MANAGEMENT 
IMPROVEMENTS
Effective governance and risk management are 
crucial tools guiding our commitment to responsibly 
manage tailings. Continuous improvement in these 
aspects enhances operational excellence and 
responsible tailings management.
Read more about Our Approach to 
Tailings Management, including 
details on our governance, risk, 
strategy and management approach.
Newmont Corporation
1
Our Approach to Tailings Management 
To safeguard human health and the environment, it is crucial to effectively 
manage tailings, a waste produced by mining and mineral processing 
activities. Newmont is dedicated to implementing best practices for the 
responsible management of all wastes, with a specific focus on tailings. Our
Keyword: governance
GOVERNANCE
Each year, Newmont produces more than 100 million 
metric tons of tailings, the majority of which are deposited 
in engineered tailings facilities constructed above ground. 
Tailings management is incorporated into our Sustainability 
and Stakeholder Engagement Policy, which states our 
commitment to conforming to the GISTM with an approach 
that considers the complexity and multidisciplinary nature of 
responsible tailings management. 
Supporting the policy are our Tailings Storage Facility 
Technical and Operations Standard, Tailings Storage Facility 
and Heap Leach Facility Environmental Management 
Standard, and several other standards and guidance 
documents that explicitly cover the safe management of tailings 
facilities, such as em
Keyword: governance
protocols in the event of a facility failure. Our governance 
documents ensure that stakeholder engagement and 
socio-economic considerations are integrated into tailings 
management decisions. As a member of the International 
Council on Mining and Metals (ICMM), we commit to its 
Tailings Governance Framework position statement.
Our Tailings Management Governance Framework Guideline 
details the roles, responsibilities and accountabilities for tailings 
management within Newmont and increases visibility at the 
highest levels of the organization. Managing tailings effectively 
requires a cross-functional approach. Teams work together to 
develop systems that integrate technical, environmental and 
social aspects of tailings site and technology selection, design, 
construction, operation and closur
Keyword: governance
around discussions on governance and technical 
aspects aimed at preventing catastrophic tailings 
failures, drawing insights from lessons learned and 
case studies.
CONFORMANCE TO THE GISTM
In 2023, a key focus was attaining conformance to 
the GISTM. In August, we released our external 
disclosures and self-assessment for GISTM 
conformance at our priority tailings storage facilities 
(TSFs) that are classified as a “very high” or 
“extreme” consequence per the GISTM. We highlight 
this achievement on page 84. 
Subsequently, we initiated the next phase of work, 
including:
	• Benchmarking: We reviewed the GISTM 
disclosure and conformance approach of ICMM 
member companies and compared it against our 
approach to identify areas for improvement.
	• Engagement: Sites and
Keyword: governance
governance, risk, strategy and 
management approach.
Newmont Corporation
1
Our Approach to Biodiversity 
Biodiversity encompasses a wide range of life across four main areas of 
nature – land, fresh water, ocean and atmosphere – and plays a crucial role in 
sustaining and stabilizing ecosystems, addressing the issue of environmental 
degradation and habitat loss across the globe. Newmont acknowledges 
that thriving local communities and our operations depend on healthy 
ecosystems. Our commitment to No Net Loss of Key Biodiversity Values 
(KBVs) from mine-related activities is integral to our approach and essential 
for achieving positive nature outcomes. 
GOVERNANCE
Our Sustainability and Stakeholder Engagement Policy 
recognizes our role in contrib
Keyword: governance
overarching governance framework 
for implementing the project and 
achieving No Net Loss. 
Boddington 
	• At the 470 hectare Hotham Farm 
restoration project, we completed 
seed collection, propagation, weed and 
wildlife control, pest exclusions and 
perimeter fence repairs.
	• At the 190 hectare Conservation 
Covenant area, 10 custom-designed 
“cockatubes” – a specially designed 
nesting hollow – were installed, 
increasing the total artificial nesting 
structures for Black Cockatoos in the 
canopy to 16. We also erected a fence 
to protect the area from livestock and 
conducted track maintenance.
	• We collaborated with the Gnaala Karla 
Booja (GKB) Aboriginal Corporation 
and the Southwest Sustainability 
Partnership (South32 and Alcoa) to 
co-fund phase 1
Keyword: governance
details on our governance, risk, 
strategy and management approach.
Newmont Corporation
1
Our Approach to Closure and Reclamation 
Since mines operate for a finite period, careful closure planning is crucial to 
address the diverse social, economic, environmental and regulatory impacts 
associated with the end of mining operations. Newmont’s global Closure 
Strategy integrates closure planning throughout each operation’s life span, 
aiming to create enduring positive and sustainable legacies that last long 
after mining ceases. 
GOVERNANCE 
Our commitment to ensuring long-term environmental 
and social stability for future generations is outlined in our 
Closure and Reclamation Management Standard. This 
standard establishes the minimum requirements for planning 
a
Keyword: governance
planning and oversight, with our closure governance 
framework integrating closure as a fundamental and critical 
activity across the business throughout the mine lifecycle. 
A report on our Closure Strategy and performance is 
presented to the Board of Directors’ Safety and Sustainability 
Committee at least annually. The Board’s Audit Committee 
reviews management’s accounting for reclamation liabilities 
quarterly if there is a significant change and annually in its 
entirety. Additionally, Newmont’s Chief Technology Officer 
delivers an annual review of our closure governance to the 
full Board.
Updated March 2024
2023 Sustainability Report
Newmont Corporation
89
Environment
2023 Sustainability Report
Newmont Corporation
Photo: Idarado, USA
PUBLIC TARGETS
We set annual targets for concu
Keyword: governance
governance, risk, strategy and 
management approach.
Newmont Corporation
1
Our Approach to Materials
Properly managing materials and waste in mining is essential to mitigating 
environmental risks and protecting public health and safety. Mining involves 
using various materials and generating waste like chemicals, mercury and 
waste rock, which, if mismanaged, can have negative impacts. Newmont 
employs effective management systems and controls to prevent adverse 
impacts on people and the environment and reduce long-term liabilities 
throughout the mine’s lifecycle. 
GOVERNANCE 
Newmont’s Sustainability and Stakeholder Engagement 
Policy states that we commit to minimizing environmental 
impacts and managing risks throughout the mine lifecycle. 
We
Keyword: governance
our governance, risk, strategy and 
management approach.
Newmont Corporation
1
Our Approach to Value Sharing 
Businesses are increasingly expected to actively contribute toward 
solutions that address societal challenges, enhance outcomes and involve 
communities in decisions that impact them. To fulfill these expectations, 
Newmont aims to create shared value, act as a catalyst for sustainable 
development, and build trust and credibility through meaningful 
engagement and transparent reporting. 
GOVERNANCE
Our Sustainability and Stakeholder Engagement Policy 
states our commitment to contributing to the growth and 
prosperity of the governments and communities that host 
our operations. 
A suite of global standards outlines the minimum 
requirements fo
Keyword: governance
1 For purposes of this report and our global governance documents, we follow UN guidance and use “Indigenous” and “Indigenous peoples” as a broad 
umbrella term for the diverse groups – including Aboriginal and Torres Strait Islanders in Australia, First Nations and Métis in Canada, the Pamaka 
and Kawina in Suriname and Native Americans in the U.S. – with whom we engage and collaborate.
2 For more information on the local/Indigenous employment definitions and targets by site, review the 2023 Annual Sustainability Report Methodology 
document on our website.
Local and Indigenous Procurement Performance
In 2023, Newmont spent $1.4 billion with local/Indigenous suppliers, exceeding our target of $1.209 billion. 
Our 2023 local procurement target is lower than in 2022, reflecting a change in the d
Keyword: governance
community projects like community elections and governance initiatives. We also continued our 
strategic partnership with the Melbourne Football Club to extend chronic health prevention programs, 
community education and development outreach activities into Warlpiri communities.
We awarded more than A$380,000 in grants to community organizations. Recipient organization 
programs included Murdoch University’s Gnaala Karla Booja Tertiary Scholarship & Secondary 
Education Outreach Programme, a four-year strategic partnership aimed at providing higher education 
and transition opportunities to Gnaala Karla Booja–Noongar community members, and Warlpiri Media 
Aboriginal Corporation’s Warlpiri Project, a one-year strategic community investment partnership to 
increase economic development in the Walpir
Keyword: governance
and governance structure, please refer to our 2023 
Form 10-K, an annual overview of Newmont’s 
business and financial condition submitted to the 
U.S. Securities and Exchange Commission. Our 2024 
Proxy Statement includes details on shareholder 
voting matters, our Board of Directors and practices 
related to executive compensation. 
Our new Sustainability section on our website includes 
information on our approach (i.e., governance, risk 
management, strategy and management approach) 
for the following material sustainability issues:
	• Business Integrity and Compliance
	• Responsible Sourcing
	• Health, Safety and Security
	• People and Culture
	• Human Rights
	• Social Acceptance
	• Energy and Climate Change
	• Water Stewardship
	• Tailings Manageme
Keyword: bribe
addition, a targeted anti-bribery and anti-corruption course 
was communicated to approximately 2,800 (9%) employees, 
such employees including corporate and administrative 
functions, sales and marketing, manufacturing management, 
procurement management and quality management. 
GRI STANDARD
DISCLOSURE
CROSS REFERENCE OR ANSWER
(c) Total number and 
percentage of business 
partners that the organization’s 
anti-corruption policies 
and procedures have been 
communicated to, broken down 
by type of business partner 
and region. Describe if the 
organization’s anti-corruption 
policies and procedures have 
been communicated to any 
other persons or organizations.
Select suppliers, customers and other business partners 
receive notice of our anti-corruption policy through an
Keyword: corruption
department's programs for anti-corruption, trade compliance and data 
privacy are designed to include all the essential elements for effective 
compliance, including risk assessments, policies and procedures, training, 
monitoring and auditing thorough investigations and remediation of 
misconduct. These legal compliance programs are dynamic and continually 
evolving as our company grows and the business landscape changes.
onsemi Business Ethics Liaisons
Our global network of Business Ethics Liaisons (BELs) serves 
a critical role in promoting and institutionalizing an ethical 
culture throughout our global operations. The CEO sets the 
tone at the top by communicating expectations and holding 
managers accountable for delivering on those expectations. 
BELs further amplify these
Keyword: corruption
principles, focused on human rights, labor, environment and anti-corruption and our alignment with the SDGs. 
Ensure availability and sustainable 
management of water and sanitation for all
•	 We are committed to water conservation in our operations through 
treatment of wastewater before discharge into the environment, 
recycling and reduction of water consumption. 
•	 For more information, please see the Water and Waste 
Management section of our 2023 Sustainability Report, pg. 31.
Promote sustained, inclusive and sustainable economic growth, 
full and productive employment and decent work for all
•	 We have zero tolerance for forced labor.
•	 We assess and mitigate social risks within our supply chain.
•	 We strive for equal pay for equal work.
•	 We focus on providing a safe and secure workplace 
with zero inj
Keyword: corruption
Anti-Corruption Policy
Yes/No
Yes
Yes
Yes
Code of Business Conduct
Yes
Yes
Yes
Non-Retaliation Policy
Yes
Yes
Yes
Privacy Policy
Yes
Yes
Yes
Compliance and Ethics Program
Number of Business Ethics Liaisons (BELs)
BELs
44
45
48
Number of Reports and Requests for Advice by Intake Channel
BEL Reporting
Reports
69
62
59
Other
125
84
116
Reporter Anonymity Rate
Anonymous Reporters
Percentage
31
40
48
Total Number of Reports
Concerns and Incidents
Reports
161
126
145
Requests for Advice
33
20
30
Substantiation Rate
Substantiated Reports
Percentage
55
52
43
Top Corrective Actions
No Action Necessary
Rank
1st
2nd
1st
Remedial Measure  – coaching, counseling, training
3rd
3rd
3rd
Remedial Measure – disciplinary actions
2nd
1st
-
Other
-
-
2nd
Table of Contents
Int
Keyword: corruption
GRI 205: Anti-corruption
205-1
Operations assessed for risks 
related to corruption
All factories are assessed for risks related to corruption through 
the RBA self-assessment questionnaire (SAQ), RBA internal 
audits or RBA VAP audits.
In addition to our responsibilities as a full member of the RBA, 
we also conduct internal anti-corruption risk assessments, 
which factor in our global operations, geographic footprint, 
customers and business partners.
Certain teams, sites and business partners have heightened 
levels of risk based on location, functional role and extent of 
interaction with government parties.
205-2
Communication and training about anti-corruption policies and procedures
(a) Total number and 
percentage of governance body 
members that the organ
Keyword: corruption
anti-corruption policies 
and procedures have been 
communicated to
All ten (10) board members (100%) received materials 
communicating the company’s anti-corruption policy by their 
annual review of the company Code of Business Conduct 
training, which includes the topic of anti-corruption, in 2023.
(b) Total number and 
percentage of employees 
that the organization’s 
anti-corruption policies 
and procedures have been 
communicated to
onsemi’s anti-corruption policy has been communicated to all 
approximately 32,000 employees (100%) through their annual 
review of the company Code of Business Conduct training. In 
addition, a targeted anti-bribery and anti-corruption course 
was communicated to approximately 2,800 (9%) employees, 
such employees includ
Keyword: corruption
anti-corruption policies 
and procedures have been 
communicated to, broken down 
by type of business partner 
and region. Describe if the 
organization’s anti-corruption 
policies and procedures have 
been communicated to any 
other persons or organizations.
Select suppliers, customers and other business partners 
receive notice of our anti-corruption policy through anti-
corruption due diligence questionnaires, surveys, the onsemi 
social compliance commitment guide and various other 
engagement activities.
(d) Total number and 
percentage of governance body 
members that have received 
training on anti-corruption
All ten (10) board members (100%) completed our Code of 
Business Conduct annual training, which includes a module on 
anti-corruption, in 20
Keyword: corruption
corruption
Approximately 32,000 employees have received the annual 
Code of Business Conduct training which included a module on 
anti-corruption. 
Our completion rate for this training in 2023 was 97%. In 
addition, a targeted anti-corruption training course was 
communicated to approximately 2,800 employees, such 
employees including corporate and administrative functions, 
sales and marketing, manufacturing management, procurement 
management and quality management. Of the selected 
employees required to take this targeted training course in 
2023, our completion rate was 98%. 
Table of Contents
Introduction 
Our Business
Protecting Our Planet and Environment
Ensuring Workplace Social Responsibility
Impacting Our Community Through Giving
Committin
Keyword: corruption
corruption and actions taken
onsemi cannot disclose this information at this time due to specific 
legal prohibition as this is attorney-client privileged information.
GRI 206: Anti-competitive behavior
206-1
Legal actions for anti-
competitive behavior, anti-trust 
and monopoly practices 
In 2023, there were no legal actions pending or completed during 
the reporting period regarding anti-competitive behavior and 
violations of antitrust and monopoly legislation.
GRI 207: Tax
207-1
Approach to tax
See 2024 Global Tax Strategy, sections 1.1, 2.3, 2.3.1 and 3.1.
207-2
Tax governance, control and risk 
management
See 2024 Global Tax Strategy, sections 2.3, 2.3.1 and 3.1.
See Opinions on the Financial Statements and Internal Control over 
Financial Repo
Keyword: tax
is allowing them to tax optimize their salary.
Green Commuting, Belgium
For employees who are entitled to a company car, they are 
required to choose an electric vehicle. Employees who are not 
entitled to a company car are entitled to a bicycle allowance.
Wellness Subsidy, Czech Republic
All employees receive monthly contributions/credits to be 
used for their well-being activities. Employees receive debit 
cards that can be used to pay only for well-being activities 
(sports, cultural activities, wellness, health products, etc.). 
Credits are added monthly; amounts are 
based on employee seniority. 
Bike Storage Onsite, Slovakia & Romania
Employees are encouraged to bike to work to boost wellness, 
eliminate carbon emissions from commuting and reduce 
traffic c
Keyword: tax
•	 Arizona Tax Research Association (ATRA)
•	 Boston College Center for Corporate Citizenship
•	 CDP (formerly Carbon Disclosure Project)
•	 Clean Energy Buyers Association (CEBA)
•	 Conference Board 
•	 Corporate Volunteer Council of Central Arizona
•	 CSR and ESG Board, founding member
•	 Electronic Components Industry Association (ECIA)
•	 Ethisphere’s Business Ethics Leadership Alliance 
(BELA)
•	 Hearing Industries Association
•	 Joint Electron Device Engineering Council (JEDEC)
•	 Mactan Export Processing Zone Chamber of Exporters 
and Manufacturers (MEPZCEM)
•	 Microelectronic Industry Design Association (MIDAS) 
Ireland
•	 Motor Equipment Manufacturers Association/ Original 
Equipment Suppliers Association (MEMA/OESA)
•	 Pocatello Chubbuck Chambe
Keyword: tax
NOL and tax credit carryforwards, pg. 97.
GRI 202: Market presence
202-1
Ratio of standard entry level 
wage by gender compared to 
local minimum wage
All employees are compensated at or above minimum wage. 
Minimum wage in all listed regions is gender neutral. onsemi 
complies with all applicable local laws regarding minimum wage 
standards.
“Other workers,” in the context of this section, pertains to 
employees of our suppliers or onsite service providers (e.g., 
janitorial staff, cafeteria workers, security, etc.). We conduct 
risk assessments and/or onsite verification of suppliers and 
onsite service providers to ensure that RBA standards and 
legal requirements are met, including those related to minimum 
wage. onsemi cannot provide a ratio for
Keyword: tax
GRI 207: Tax
207-1
Approach to tax
See 2024 Global Tax Strategy, sections 1.1, 2.3, 2.3.1 and 3.1.
207-2
Tax governance, control and risk 
management
See 2024 Global Tax Strategy, sections 2.3, 2.3.1 and 3.1.
See Opinions on the Financial Statements and Internal Control over 
Financial Reporting in our 2023 SEC Form 10-K, pg. 55. 
207-3
Stakeholder engagement and 
management of concerns 
related to tax.
See 2024 Global Tax Strategy, sections 2.3.3 and 3.1.
For details regarding our approach to public policy advocacy on tax, 
see GRI 415-1. In addition, we also collect information from external 
stakeholders through our investor relations group at 
investor@onsemi.com and through our ESG group at 
sustainability@onsemi.com.
207-4
Country by country repo
Keyword: governance
Corporate Governance
63
Enterprise Risk Management 
and Business Continuity
65
Ethics and Compliance
68
Fair Treatment
70
Supply Chain
72
Information Protection
74
Public Policy
76
Quality
78
UN Sustainable Development  
Goals and UN Global Compact
80
Triple-Bottom-Line 
Performance Summary
81
Sustainability Accounting  
Standards Board (SASB)  
Framework
88
Task Force on Climate-related  
Financial Disclosures (TCFD) 
Framework
90
Global Reporting Initiative  
(GRI) Index
97
Climate Transition Plan
107
Introduction
Our Business
Ensuring Workplace 
Social Responsibility
Committing to a
Responsible Business
Appendix
Product Stewardship
21
Impacting Our Community  
Through Giving
Giving Now Program, Community 
Investments and Commercial Initiatives
58
Tomorrow,
Keyword: governance
concerning Environmental, Social and Governance 
(ESG) initiatives at onsemi. This report was created to 
transparently communicate our sustainability efforts with 
our investors, customers, stakeholders and employees, 
serving as an important tool for disclosing sustainability 
strategies, measurements, progress and achievements. 

All financial figures throughout the report are stated in 
United States Dollars (USD) unless specified otherwise.
Report Overview
Report Scope
Feedback
Reporting Assurance
Reporting Principles
Date of Issuance
Data presented in this report covers our 2023 
fiscal year (FY), January 1 – December 31, 2023, 
and contains information about onsemi worldwide 
subsidiaries and joint ventures for which we have 
management control. This report includes year-over-
ye
Keyword: governance
corporate governance objectives. We believe technology plays a 
critical role in positive change, enabling us to solve our planet’s 
biggest challenges. And in this 2023 Sustainability Report, we are 
proud to share the many operational improvements and progress 
we have made towards the journey in meeting our Net Zero by 
2040 goal. 
Engaging Employees to Make a Meaningful Difference
Our commitment to purpose, innovation and excellence is more 
than just a statement – it is the essence of who we are. Our newly 
introduced Culture and Core Values help guide our actions and 
shape our identity. In 2023, onsemi made a significant investment 
through its Foundation by awarding $1.36 million USD to 41 
agencies that share a common vision of empowering students 
wi
Keyword: governance
employee relations, environment, governance, human 
rights, stakeholders and society and ESG performance.
In October 2023, onsemi ranked #28 on IBD’s 
100 Best ESG Companies for 2023, representing 
an improvement from a ranking of #52 in 2022. 
Companies are ranked based on profitability in 
addition to their achievements in ethical and 
social responsibility.
Investor’s Business Daily (IBD) 
100 Best ESG Companies of 2023;
3 Consecutive Years
Barron’s 100 Most 
Sustainable Companies; 
6 Consecutive Years
In March 2023, onsemi ranked #75 on Barron’s 
100 Most Sustainable Companies. Barron’s 
looks at 230+ ESG performance indicators and 
ranks companies’ performance over five key 
areas: shareholders, employees, customers, 
community and planet.
World Finance 
Sustainability Award;
Keyword: governance
and management, governance structure and reduction pathways.
CDP Water Security; 
"C" Score
onsemi received a "C" score on the 2023 CDP Water Security 
questionnaire. This questionnaire helps drive improvements in 
water management through various factors, including water 
usage, measurements and risk assessment.
Dow Jones Sustainability Index (DJSI) 
North America; 6 Consecutive Years
In November 2023, onsemi was one of seven 
semiconductor companies included in the DJSI North 
America component. Inclusion in this index is based 
on our excellent sustainability performance within the 
semiconductor industry on the S&P Global Corporate 
Sustainability Assessment (CSA), with criteria including 
corporate governance, customer relations, environmental 
policy, working
Keyword: governance
corporate governance
Ensuring that board mandates, management 
mandates, roles, responsibilities, policies, 
procedures, incentive structures and other 
corporate governance factors support the 
integration of sustainability-related risks, 
opportunities and impacts into onsemi’s corporate 
strategy and risk management.
Climate Scenario Analysis and Risk Disclosure, pg. 67
TCFD (for climate-related issues)
GRI:
•	 Management approach disclosures
Building operational resilience through 
policies, procedures and infrastructure 
enhancements
Designing resilience into operations to ensure the 
company’s infrastructure can sustain business 
in instances of extreme weather. For a global 
manufacturing company like onsemi, failure to act 
may mean increased costs of
Keyword: governance
•	 405-1 Diversity of governance bodies and employees
•	 406-1 Incidents of discrimination and corrective actions taken
Upholding human rights in onsemi’s 
supply chain
Ensuring onsemi’s supplier selection, due diligence 
and engagement mechanisms consider human 
rights risk and remediate any human rights risks/
violations that occur. 
Fair Treatment, pg. 70
Supply Chain, pg. 72
GRI:
•	 408-1 Operations and suppliers at significant risk for incidents of child labor
•	 414-1 New suppliers that were screened using social criteria
•	 414-2 Negative social impacts in the supply chain and actions taken
Increasing hazardous and 
non-hazardous waste recycling
Continuing to innovate and improve performance 
regarding waste recycling, decrease waste directed 
to disposal and decre
Keyword: governance
Corporate Governance
Enterprise Risk Management and Business Continuity
Ethics and Compliance
Climate Scenario Analysis and Risk Disclosure
Fair Treatment
Supply Chain
Information Protection
Public Policy
Quality
Customer Experience (CX)
Table of Contents
Introduction 
Our Business
Protecting Our Planet and Environment
Ensuring Workplace Social Responsibility
Impacting Our Community Through Giving
Committing to a Responsible Business
Appendix
2023 Sustainability Report	 	
	
Committing to a Responsible Business  |     63
BOARD MEMBER
GENDER
AGE
TENURE
COMMITTEES
QUALIFICATIONS
Atsushi Abe
Male
70
13
Audit
 
Alan Campbell
Male
66
9
Executive (Chair), Audit, Governance and 
Sustainability
               
Susan K. Carter
Female
65
4
Audit (Chair), Governance and S
Keyword: governance
Governance and Sustainability
                   
Hassane El-Khoury
Male
44
4
Executive
                       
Bruce E. Kiddoo
Male
63
4
Audit
                 
Christina Lampe-Önnerud
Female
57
1
Audit
           
Paul A. Mascarenas
Male
62
10
Governance and Sustainability (Chair), Executive, 
Human Capital and Compensation
                 
Gregory L. Waters
Male
63
4
Executive, Human Capital and Compensation
          
Christine Y. Yan
Female
58
6
Human Capital and Compensation (Chair)
Qualifications Key: 
Semiconductor/Technology
Public Company Management
International
Environmental Social 
Governance (ESG)
Manufacturing
Finance
Compliance
Mergers and 
Acquisition
Marketing
Government Relations
Sustainability/Climate
Information Security
Enterpr
Keyword: governance
Corporate Governance
All business conducted by employees, managers and officers at 
onsemi is under the direction of the chief executive officer (CEO) 
and the oversight of the company’s Board of Directors. The board 
and its standing committees have at least four scheduled meetings 
annually to review and discuss reports by management, as well as 
the performance of the company. Our corporate governance 
principles set forth certain requirements under which the Board 
and management operate.
Board of Directors Summary
This summary represents the members of onsemi’s Board of Directors 
and committee representation, as of December 31, 2023. All directors 
are independent, aside from Hassane El-Khoury, who also serves as 
the president and chief executive office
Keyword: governance
Governance and Sustainability Committee considers diversity of 
experience, thought, skills and viewpoints, as well as diversity concepts 
such as race, ethnicity and gender identification, as part of the Board’s 
self-evaluation process and in its evaluation of potential candidates 
to serve on the Board. As of December 31, 2023, 30 percent of 
onsemi’s Board of Directors identified as female, which is consistent 
with the gender diversity reflected across Fortune 500 companies.
Table of Contents
Introduction 
Our Business
Protecting Our Planet and Environment
Ensuring Workplace Social Responsibility
Impacting Our Community Through Giving
Committing to a Responsible Business
Appendix
2023 Sustainability Report	 	
	
Committing to a Responsible Busine
Keyword: governance
2. Governance and Sustainability (GS) Committee 
3. Human Capital and Compensation (HCC) Committee 
4. Executive Committee
Each committee is tasked with overseeing various aspects of the company 
and carrying out the responsibilities specified in its respective charter. 
To view a copy of the formal written charter pertaining to each standing 
committee, please visit the Investor Relations section of our website.
Board Evaluation
Committee Details
Our Board believes that having strong governance principles and practices 
improves effectiveness and contributes to the creation of stockholder value. To 
measure its own operation against such principles and practices and to identify 
and act on areas for improvement, each member of the Board and its committ
Keyword: governance
performs an annual self-evaluation. The Governance and Sustainability (GS) 
Committee is charged with overseeing the self-evaluations, and in 2023, the GS 
Committee used the following process to conduct the Board’s self-evaluation:
•	 Input from Board Chair and Chair of 
the GS Committee
•	 Input from Corporate Secretary
Development of 
Self-Assessment Tools
•	 Results sent to Board Chair and are 
reviewed by Board Chair and Chair 
of the GS Committee
Self-Assessment Launch and 
Processing of Results
•	 Board Chair and Chair of the GS 
Committee review results with full 
Board in executive session
Board Review
•	 Changes to practices are 
considered and implemented, 
as appropriate
•	 Results inform the Board’s 
refreshment, recruitment and 
selection process
Feedback Incorporated
COMMITT
Keyword: governance
Governance 
and Sustainability
Quarterly meetings
6
Human Capital 
and Compensation
Quarterly meetings
6
The GS Committee has the responsibility of overseeing 
ESG matters unless there is a specific matter connected 
to ESG initiatives that is assigned to another committee 
of the Board.
 
For example, the HCC committee has the responsibility 
of overseeing the company’s policies and strategies 
concerning human capital, which includes DEI. The 
HCC committee considers DEI in its broader review 
of pay equity within the company; however, both the 
GS Committee and the HCC Committee play a role 
in the management and oversight of DEI. The GS 
Committee has also been tasked with oversight of 
climate and sustainability-related initiatives and other 
ac
Keyword: governance
Governance
Structure
CEO and 
President
Board of Directors, 
Audit Committee
Chief Legal Officer, 
Chief Compliance Officer
Senior Director,
Ethics and Compliance
Ethics and 
Compliance
Business Ethics 
Liaisons, RBA Site 
Champions and 
Auditors and Subject
Matter Experts
Ethics and Compliance Program
Our Ethics and Compliance program aims to implement ethical principles 
into our everyday business operations by providing relevant training and 
practical guidance, targeted communications and dedicated resources. 
onsemi aspires to be a global leader in demonstrating the power of aligning 
business objectives with doing the right thing. The ethics and compliance 
team administers and executes the full program that manages the Code of 
Business Conduc
Keyword: governance
Governance
Consistent with our overall risk management governance structure, 
management is responsible for the day-to-day management of 
cybersecurity risk while our Board and its Audit Committee play 
an active, ongoing oversight role. 
Our Board has delegated to its Audit Committee specific, first-line 
responsibility for overseeing major cybersecurity risk exposures in 
addition to our broader ERM program. Specifically, under its charter, 
the Audit Committee is responsible for overseeing our cybersecurity 
posture, risk assessment, strategy and mitigation and for making 
recommendations to address and resolve any breaches or issues related 
to the protection or privacy of our data. Management (including our Chief 
Information Officer (CIO) and o
Keyword: governance
Our Governance
DISCLOSURE
UNITS
2021
2022
2023
Supply Chain Risk
Responsible Minerals Assurance Process (RMAP) 
Conformant Smelters
Percentage
98
100
100
Suppliers that Completed a Self-Assessment 
Questionnaire (SAQ)
100
99
97
Suppliers Rated as Low-Risk on Their SAQ
93.4
97.3
82
RBA Audit Completed
Audits
14
10
12
DISCLOSURE
UNITS
2021
2022
2023
Board of Directors (“Board”) Composition and Independence
Total Members
Number
10
9
10
Board Average Age
60
60
62
Board Average Tenure
5
5
6
Number of Independent Directors
9
8
9
Board Diversity
Women on Board
Directors
2
2
3
Percentage
20
22
30
Board and Committee Meetings
Board and Committee Meetings Held During the 
Calendar Year
Meetings
23
29
30
Directors Attending Less than 75% of Meetings 
During the Cal