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 36 is higher than 93% 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 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 reflects a significant commitment to transparency in their emissions reporting, covering all three scopes. Over the years, Barrick has shown a trend of fluctuating emissions. For instance, in 2022, their total emissions were 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 set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future commitment. Barrick's emissions data highlights the importance of addressing both operational and supply chain emissions, particularly in Scope 3, which accounted for a substantial portion of their total emissions in 2023. As the mining industry faces increasing scrutiny regarding its environmental impact, Barrick's ongoing efforts to monitor and report emissions will be crucial in aligning with global climate goals.
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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.
