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.
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.
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.
Barrick Gold's score of 31 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Barrick Gold reported total carbon emissions of approximately 6,357,000,000 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. This indicates a significant reliance on both direct and indirect emissions sources, with Scope 3 emissions being particularly substantial. Over the years, Barrick Gold has shown fluctuations in its emissions. For instance, in 2022, the company emitted about 6,705,000,000 kg CO2e, with Scope 1 emissions at 301,000,000 kg CO2e and Scope 2 at 229,000,000 kg CO2e. The company has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The mining industry faces increasing scrutiny regarding carbon emissions, and while Barrick Gold has not set formal reduction targets, it operates within a context where many companies are striving to align with global climate goals. The absence of specific commitments may impact its reputation and operational sustainability in an evolving regulatory landscape focused on climate action.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2014 | 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 |
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 committed to some reduction initiatives 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.