Barrick Gold

Barrick Gold, a CA-headquartered company in the chemical and fertiliser minerals, salt, and other mining and quarrying products n.e.c. industry, reported approximately 1.93 billion kg CO2e in combined Scope 1 and 2 emissions for 2025. In 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 about 9.17 billion kg CO2e for Scope 1 and 2. For 2023, Scope 1 emissions were around 1.8 billion kg CO2e and Scope 2 (location-based) emissions were approximately 6.8 billion kg CO2e, resulting in combined Scope 1 and 2 emissions of about 8.6 billion kg CO2e.

Barrick Gold has set ambitious climate commitments. The company aims to achieve net-zero Scope 1 and Scope 2 emissions by 2030, with a baseline from 2023. Additionally, Barrick Gold has a near-term absolute reduction target for its Scope 1 and Scope 2 emissions: a minimum 30% reduction by 2030 against a 2018 baseline of 7.54 billion kg CO2e per annum. An interim target of a 15% reduction was also set. Barrick Gold also reported a short-term target to reduce its GHG emissions by 15% from its 2018 baseline of 7.54 billion kg CO2e by 2025, a target which it met ahead of schedule by 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.