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 31 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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. The company has disclosed emissions data across all three scopes, highlighting its commitment to transparency in its climate impact. Over the years, Barrick Gold has shown fluctuations in its emissions, with a notable reduction in Scope 1 emissions from about 2,955,000,000 kg CO2e in 2014 to 1,726,000,000 kg CO2e in 2023. However, there are currently no specific reduction targets or initiatives outlined in their climate commitments, indicating a potential area for improvement in their sustainability strategy. The company operates in a sector that is increasingly scrutinised for its environmental impact, and while Barrick Gold has made strides in emissions reporting, the absence of defined reduction targets may affect its long-term sustainability goals. As the industry moves towards more aggressive climate action, Barrick Gold's future commitments will be crucial in aligning with global climate objectives.
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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 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.
