Barrick Gold
Barrick Gold Corporation, commonly referred to as Barrick Gold, is a leading global gold mining company headquartered in Canada. Established in 1983, Barrick has grown to become one of the largest gold producers in the world, with significant operations in North America, South America, and Africa. The company primarily focuses on the exploration, mining, and production of gold, alongside copper, positioning itself as a key player in the mining industry. Barrick Gold is renowned for its commitment to sustainable mining practices and operational excellence, which have earned it a strong market position. The company’s flagship assets include the Cortez and Goldstrike mines in Nevada, known for their high-grade reserves. With a focus on innovation and efficiency, Barrick continues to achieve notable milestones, reinforcing its reputation as a leader in the gold sector.
DitchCarbon Score
How does Barrick Gold's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Salt and Mineral Mining industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Barrick Gold's score of 46 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Barrick Gold's reported carbon emissions
In 2023, Barrick Gold reported total carbon emissions of approximately 17,260,000,000 kg CO2e, comprising 1,726,000,000 kg CO2e from Scope 1, 4,631,000,000 kg CO2e from Scope 2, and 7,541,000,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming for a reduction of at least 30% in both Scope 1 and Scope 2 emissions by 2030, using a 2018 baseline of 7,541,000,000 kg CO2e. Notably, Barrick exceeded its short-term target of a 15% reduction by 2025, achieving a 16% reduction ahead of schedule. In addition to these near-term goals, Barrick has established a long-term commitment to achieve net-zero emissions by 2050. The company’s comprehensive approach to emissions reduction includes addressing various categories within Scope 3, such as business travel and purchased goods and services, which collectively contribute significantly to its overall carbon footprint.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 2,955,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000 | 0,000,000 | - | 0,000,000,000 | 000,000,000 | 0,000,000,000 |
| Scope 2 | 372,500,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000 | 000,000 | - | 000,000,000 | 000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | 000,000,000 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Barrick Gold is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
