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Barrick Mining Corp
Barrick Mining's GHG Emissions Data Preview
In 2024, 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
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cVerified Sources Behind Barrick Mining’s Greenhouse Gas (GHG) Emissions Data
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Insights into Barrick Mining's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofBarrick Mining amounted to6,808,000metric 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 2023, the total operational greenhouse gas (GHG) emissions of Barrick Miningdecreased by 2.01%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
Barrick Mining's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Barrick Mining's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Barrick Mining were 6,127,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Barrick Mining reduced its Scope 1 emissions over time?
Since 2019, Barrick Mining's Scope 1 emissions have decreased by 9.52%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), Barrick Mining's Scope 1 emissions increased by 7.81%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
What are Barrick Mining's Scope 2 emissions?
In 2024, Barrick Mining reported Scope 2 greenhouse gas (GHG) emissions of 681,000 tCOâ‚‚e using the market-based method.a
Has Barrick Mining reduced its Scope 2 emissions over time?
Since 2019, Barrick Mining's Scope 2 greenhouse gas (GHG) emissions (Market-Based)have decreased by 11.44%, reflecting a declining long-term trend in Scope 2 emissions over time.a
What methodology does Barrick Mining use for Scope 2 reporting?
In 2024, Barrick Mining reported its Scope 2 emissions using the market-based method.a
Barrick Mining's Scope 2 Emissions Over Time
- 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 2024, Barrick Mining reported 9,178,665 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Barrick Mining includes a breakdown across 7of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Barrick Mining's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Barrick Mining's Scope 3 emissions?
In 2024, Barrick Mining reported total Scope 3 emissions of 9,178,665 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 59.08%of these emissions originated from upstream activities such as purchased goods and capital goods, while 40.92%came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Barrick Mining's Scope 3 emissions remained relatively stable, indicating that Barrick Mining's emissions have plateaued with no significant change in its value chain footprint.ab
What categories of Scope 3 emissions does Barrick Mining disclose?
In 2024, 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 2024, the largest contributors to Barrick Mining's Scope 3 emissions were:a
- Fuel- and Energy-Related Services (Cat. 3): 1,114,000 tCOâ‚‚e(46.15%)
- Processing of Sold Products (Cat. 10): 907,665 tCOâ‚‚e(37.61%)
- Upstream Transportation and Distribution (Cat. 4): 226,000 tCOâ‚‚e(9.36%)
Barrick Mining's Scope 3 Emissions by Categories
Insights into Barrick Mining’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Barrick Mining reported Scope 1 greenhouse gas (GHG) emissions of 6,127,000 tCOâ‚‚e and total revenues of USD 17,857 millions. This translates into an emissions intensity of 343.12 tCOâ‚‚e per millions USD.a
Barrick Mining's Scope 1 Emissions Intensity Compared to Peers
How does Barrick Mining's GHG emissions intensity compare to its peers?
In 2024, Barrick Mining reported a Scope 1 emissions intensity of 343.12 tCOâ‚‚e per millions USD. Compared to the peer group median of 117.42, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Barrick Mining rank on GHG emissions intensity within its industry?
In 2024, Barrick Mining ranked 20 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Barrick Mining among the least efficient performers, with one of the highest emissions intensities in its sector.a
Insights into Barrick Mining's Total Carbon Footprint
In 2024, Barrick Mining reported a total carbon footprint of 15,986,665 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.68% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to Barrick Mining's total carbon footprint was Scope 3 emissions, accounting for 57.41% of the company's total carbon footprint, followed by Scope 1 emissions at 38.33%.a