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 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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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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 Sustainability Report 2024
a. Barrick Mining's Sustainability Report 2024
b. Barrick Mining's ISAE Assurance Statement 2023
b. Barrick Mining's ISAE Assurance Statement 2023
c. Barrick Mining's Sustainability Report 2022
c. Barrick Mining's Sustainability Report 2022
d. Barrick Mining's Sustainability Report 2021
d. Barrick Mining's Sustainability Report 2021

Insights into Barrick Mining's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Barrick Mining amounted to 6,808,000 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 2023, the total operational greenhouse gas (GHG) emissions of Barrick Mining decreased by 2.01%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a b

Barrick Mining's Scope 1 Emissions Over Time

20182019202020212023202402 M4 M6 M8 MtCO2e+26%-8%-1%-7%+8%
  • 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 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 13.55%, reflecting a rising long-term trend in Scope 1 emissions over time. a d

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. a b

What are Barrick Mining's Scope 2 emissions?

In 2024, Barrick Mining reported Scope 2 greenhouse gas (GHG) emissions of 681,000 tCO₂e using the market-based method. 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

2018201920202021202320240550 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 2024, Barrick Mining reported 9,178,665 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 2024 disclosure of Barrick Mining includes a breakdown across 7 of 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

202120222023202402.5 M5 M7.5 M10 MtCO2e+56%+24%-1%
  • 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 CO₂ equivalent (tCO₂e). 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. a b

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 tCO₂e (46.15%)
  • Processing of Sold Products (Cat. 10): 907,665 tCO₂e (37.61%)
  • Upstream Transportation and Distribution (Cat. 4): 226,000 tCO₂e (9.36%)

Barrick Mining's Scope 3 Emissions by Categories

Processing of SoldProducts (Cat. 10)(37.6%)Fuel- andEnergy-RelatedServices (Cat. 3)(46.2%)UpstreamTransportation andDistribution(Cat. 4)(9.4%)

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 tCO₂e and total revenues of USD 17,857 millions. This translates into an emissions intensity of 343.12 tCO₂e per millions USD. a

Barrick Mining's Scope 1 Emissions Intensity Compared to Peers

5,00050,000500,0005,000,00050,000,000Scope 1 Emissions (tCO2e)202001,00010,000100,000Revenues (Millions of USD)Teck ResourcesYear: 2023Scope 1: 3,032,000 tCO2eRevenue: $M 11,339Scope 1 Intensity: 267.40 tCO2e/$MPan American SilverYear: 2024Scope 1: 294,022 tCO2eRevenue: $M 3,887Scope 1 Intensity: 75.64 tCO2e/$MAlamos GoldYear: 2024Scope 1: 158,159 tCO2eRevenue: $M 1,347Scope 1 Intensity: 117.42 tCO2e/$MB2GoldYear: 2024Scope 1: 662,000 tCO2eRevenue: $M 2,623Scope 1 Intensity: 252.41 tCO2e/$MAgnico Eagle MinesYear: 2024Scope 1: 1,119,142 tCO2eRevenue: $M 11,425Scope 1 Intensity: 97.95 tCO2e/$MNew GoldYear: 2023Scope 1: 142,937 tCO2eRevenue: $M 786Scope 1 Intensity: 181.74 tCO2e/$MEldorado GoldYear: 2024Scope 1: 110,424 tCO2eRevenue: $M 1,825Scope 1 Intensity: 60.50 tCO2e/$MEquinox GoldYear: 2023Scope 1: 278,145 tCO2eRevenue: $M 1,088Scope 1 Intensity: 255.60 tCO2e/$MIAMGOLDYear: 2024Scope 1: 483,348 tCO2eRevenue: $M 2,252Scope 1 Intensity: 214.65 tCO2e/$MMethanexYear: 2023Scope 1: 3,871,000 tCO2eRevenue: $M 3,723Scope 1 Intensity: 1,039.62 tCO2e/$MHudbay MineralsYear: 2024Scope 1: 287,000 tCO2eRevenue: $M 2,793Scope 1 Intensity: 102.75 tCO2e/$MNutrienYear: 2024Scope 1: 9,450,000 tCO2eRevenue: $M 35,814Scope 1 Intensity: 263.87 tCO2e/$MCapstone CopperYear: 2023Scope 1: 422,037 tCO2eRevenue: $M 1,346Scope 1 Intensity: 313.66 tCO2e/$MOceanaGoldYear: 2023Scope 1: 183,946 tCO2eRevenue: $M 1,026Scope 1 Intensity: 179.23 tCO2e/$MWest Fraser TimberYear: 2024Scope 1: 649,448 tCO2eRevenue: $M 8,532Scope 1 Intensity: 76.12 tCO2e/$MIvanhoe MinesYear: 2024Scope 1: 294,889 tCO2eRevenue: $M 41Scope 1 Intensity: 7,224.48 tCO2e/$MLundin MiningYear: 2024Scope 1: 715,289 tCO2eRevenue: $M 4,720Scope 1 Intensity: 151.56 tCO2e/$MDPM MetalsYear: 2023Scope 1: 38,847 tCO2eRevenue: $M 520Scope 1 Intensity: 74.69 tCO2e/$MLundin GoldYear: 2024Scope 1: 35,401 tCO2eRevenue: $M 1,649Scope 1 Intensity: 21.47 tCO2e/$MBarrick MiningYear: 2024Scope 1: 6,127,000 tCO2eRevenue: $M 17,857Scope 1 Intensity: 343.12 tCO2e/$M

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 tCO₂e per millions USD. Compared to the peer group median of 179.23 , 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 18 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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 CO₂ equivalent (tCO₂e) 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. a b

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

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