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Public Profile
Salt and Mineral Mining
CA
updated 2 months ago

Barrick Gold Sustainability Profile

Company website

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.

39

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.

25

Industry Benchmark

Barrick Gold's score of 39 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.

63%

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Barrick Gold's reported carbon emissions

In 2024, Barrick Gold reported approximately 1,946,000,000 kg CO2e in Scope 1 and 2 emissions, a slight increase from about 1,887,000,000 kg CO2e in 2023. The company has set ambitious climate commitments, aiming for a net zero emissions target by 2030, which encompasses both Scope 1 and Scope 2 emissions. Barrick has established a near-term goal to reduce its greenhouse gas (GHG) emissions by at least 30% by 2030, using a 2018 baseline of approximately 7,541,000,000 kg CO2e. An interim target of a 15% reduction by 2025 was achieved ahead of schedule, with a reported 16% reduction in 2023. Despite these achievements, emissions increased in 2024 due to operational activities, including the restart of the Porgera mine and ramp-up at Pueblo Viejo. These activities are part of Barrick's broader growth strategy, which aims to transition towards lower-carbon production while scaling operations responsibly. The company continues to focus on its long-term pathway to sustainability, aligning its initiatives with industry standards and climate terminology.

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201420152016201720182019202020212022202320242025
Scope 1
2,955,000,000
0,000,000,000
0,000,000,000
0,000,000,000
-
-
-
-
-
-
-
-
Scope 2
372,500,000
000,000,000
000,000,000
000,000,000
-
-
-
-
-
-
-
-
Scope 3
-
-
-
-
-
-
-
-
-
-
-
-

How Carbon Intensive is Barrick Gold's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Barrick Gold's primary industry is Salt and Mineral Mining, which is low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Barrick Gold's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Barrick Gold is in CA, which has a very low grid carbon intensity relative to other regions.

Barrick Gold's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Barrick Gold has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Barrick Gold's Emissions with Industry Peers

Osisko Gold Royalties Ltd

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Updated 5 days ago

Gold Fields

ZA
•
Precious metals
Updated 5 days ago

Fortescue

AU
•
Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c.
Updated 4 days ago

Vedanta Resources Limited

GB
•
Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c.
Updated 5 days ago

Royal Gold

US
•
Precious metals
Updated 18 days ago

Valeo

FR
•
Motor vehicles, trailers and semi-trailers (34)
Updated 5 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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