Barrick Gold

Barrick Gold, a Canadian-headquartered company in the chemical and fertilizer minerals and mining industry, reported its Scope 1 and 2 emissions for 2025 as approximately 1.93 billion kg CO2e. For 2024, the company's Scope 1 emissions were approximately 1.87 billion kg CO2e, and its Scope 2 emissions (location-based) were approximately 7.31 billion kg CO2e, totalling approximately 9.17 billion kg CO2e for Scope 1 and 2 combined. In 2023, Barrick Gold's Scope 1 emissions were approximately 1.80 billion kg CO2e, and its Scope 2 emissions (location-based) were approximately 6.80 billion kg CO2e, for a combined total of approximately 8.60 billion kg CO2e for Scope 1 and 2. The company has not reported Scope 3 emissions data.

Barrick Gold has set several climate commitments. It aims to achieve net-zero Scope 1 and Scope 2 emissions by 2030, with a baseline year of 2023. Additionally, it has a near-term absolute reduction target for both Scope 1 and Scope 2 emissions: a 30% reduction by 2030 against a 2018 baseline of 7.541 billion kg CO2e per annum. An interim target was set for a 15% reduction by 2025 from the same 2018 baseline. Barrick Gold met this short-term target ahead of schedule, achieving a 16% reduction in 2023. However, emissions increased in 2024 due to the restart of Porgera, ramp-up activities at Pueblo Viejo, and planned maintenance at the TS Power Plant, which are aligned with their broader growth strategy.