Barrick Sets the Standard in Advancing United Nations' Sustainable Development Goals

Core Viewpoint - Barrick Mining Corporation is committed to sustainable development and economic growth, aligning its operations with the United Nations' Sustainable Development Goals (SDGs) for 2030 [1][2][4]. Group 1: Sustainability Commitment - The 2024 Sustainability Report, titled "Beyond the Horizon," highlights Barrick's evolution into a leader in responsible mining since its merger in 2019, focusing on sustainability-driven growth and community empowerment [2][4]. - Barrick has distributed over $100 billion in economic value to host countries through wages, local business support, and tax contributions over the past six years [4]. - The company has invested more than$200 million in community-led projects, including schools, clinics, and sustainable farming programs, managed by local communities to ensure they meet real needs [4]. Group 2: Environmental Initiatives - Barrick is recalibrating its greenhouse gas (GHG) emissions profile and reduction roadmap to align with its expanding production base, aiming for a Net Zero target by 2050 [5][6]. - The company has introduced a new site-level SDG performance framework to track community-focused progress across various indicators such as clean water, education, and healthcare [6][7]. - Barrick's commitment to sustainability is reflected in its operational practices, with 85% of its water intake being reused or recycled, and significant investments in renewable energy projects in multiple countries [7]. Group 3: Economic Impact - In 2024, Barrick spent $7.1 billion with local and in-country suppliers, contributing to local business growth and economic resilience [7]. - The company emphasizes that 97% of its employees and 76% of senior site management are host country nationals, reinforcing its commitment to local community development [7].