Barrick Mining Corp

Common Name
Barrick Mining
Country
Canada
Sector
Basic Materials
Industry
Gold
Employees
N/A
Ticker
ABX
Exchange
TORONTO STOCK EXCHANGE
Description
Barrick Gold Corporation is a leading global mining company focused on the exploration, development, and production of gold and copper. Established in 1983 and headquartered in Toronto, Canada, the co...

Barrick Mining's GHG Emissions Data Preview

In 2023, Barrick Mining completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Barrick Mining has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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a
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d
0000000
Total Scope 2
Market-Based
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a
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c
0000000
Location-Based
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a
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c
0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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a
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b
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c
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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d
0000000
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Verified Sources Behind Barrick Mining’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Barrick Mining’s data sources below and access millions more through our Disclosure Search.

a. Barrick Mining's ISAE Assurance Statement 2023
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b. Barrick Mining's Sustainability Report 2022
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c. Barrick Mining's Sustainability Report 2021
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d. Barrick Mining's Verification report 2021
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Insights into Barrick Mining's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Barrick Mining amounted to 6,948,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Barrick Mining increased by ∞%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Barrick Mining's Scope 1 Emissions Over Time

2018201920202021202302 M4 M6 M8 MtCO2e+23%-7%-1%-7%
  • Total Scope 1
  • Year-over-Year Change

What are Barrick Mining's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Barrick Mining were 5,683,000 metric tons of CO₂ equivalent (tCO₂e). a

Has Barrick Mining reduced its Scope 1 emissions over time?

Since 2018, Barrick Mining's Scope 1 emissions have increased by 5.32%, reflecting a rising long-term trend in Scope 1 emissions over time. a c

What are Barrick Mining's Scope 2 emissions?

In 2023, Barrick Mining reported Scope 2 greenhouse gas (GHG) emissions of 676,000 tCO₂e using the market-based method and 1,265,000 tCO₂e using the location-based method. a

What methodology does Barrick Mining use for Scope 2 reporting?

In 2023, Barrick Mining reported its Scope 2 emissions using the market-based method and using the location-based method. a

Barrick Mining's Scope 2 Emissions Over Time

201820192020202120230550 k1.1 M1.65 M2.2 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Barrick Mining's Value Chain Emissions

In 2023, Barrick Mining reported 9,311,676 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Barrick Mining includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, down from 9 in 2022, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions. a

Barrick Mining's Scope 3 Emissions Over Time

20212022202302.5 M5 M7.5 M10 MtCO2e+56%+24%
  • Total Scope 3
  • Year-over-Year Change

What are Barrick Mining's Scope 3 emissions?

In 2023, Barrick Mining reported total Scope 3 emissions of 9,311,676 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 61.33% of these emissions originated from upstream activities such as purchased goods and capital goods, while 38.67% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2022), Barrick Mining's Scope 3 emissions increased by 23.97%, suggesting that the company faced challenges in reducing emissions across its value chain. a b

What categories of Scope 3 emissions does Barrick Mining disclose?

In 2023, Barrick Mining reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Barrick Mining's Scope 3 emissions?

In 2023, the largest contributors to Barrick Mining's Scope 3 emissions were: a

  • Fuel- and Energy-Related Services (Cat. 3): 1,262,000 tCO₂e (46.94%)
  • Processing of Sold Products (Cat. 10): 973,676 tCO₂e (36.21%)
  • Upstream Transportation and Distribution (Cat. 4): 305,000 tCO₂e (11.34%)

Barrick Mining's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(11.3%)Processing of SoldProducts (Cat. 10)(36.2%)Fuel- andEnergy-RelatedServices (Cat. 3)(46.9%)

Insights into Barrick Mining's Total Carbon Footprint

In 2023, Barrick Mining reported a total carbon footprint of 16,259,676 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 116.47% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to Barrick Mining's total carbon footprint was Scope 3 emissions, accounting for 57.27% of the company's total carbon footprint, followed by Scope 1 emissions at 34.95%. a

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