Barrick Mining Releases 2025 Sustainability Report Highlighting Safety Gains and Local Sourcing
Safety remains the cornerstone of Barrick’s operations. The report records a 60 % drop in its total recordable injury frequency rate (TRIFR) compared with 2020, and a 28 % year‑on‑year decline in lost‑time injuries. These figures underscore the company’s ongoing commitment to preventing fatalities and protecting its workforce.
Human rights, water stewardship, biodiversity, and climate resilience feature prominently. In 2025, 96 % of Barrick’s employees were sourced from host countries, and 76 % of its suppliers were local. The company spent more than US$7.1 billion with local and host‑country suppliers, reinforcing its dedication to the economies in which it operates. Community investment reached US$62 million, directed toward community‑led development initiatives. A Human Rights Report published in April 2026 details how Barrick identifies, manages, and oversees human‑rights risks across its operations and supply chain.
Environmental gains were also highlighted. Barrick expanded the use of its Biodiversity Risk and Impact Assessment tool to better identify and manage biodiversity risks during operational planning and project development. Water use was optimized through enhanced reuse and recycling, achieving a reuse rate that surpassed the company’s 80 % target. In addition, Barrick engaged suppliers to reduce Scope 3 emissions, a key element of its broader climate‑resilience strategy.
President and CEO Mark Hill stressed that sustainability remains a core principle of Barrick’s business model. “As we enter an exciting new phase of growth and delivery, sustainability remains fundamental to how we operate,” Hill said. “The principles that have guided us for years remain unchanged: keeping our people safe, mining responsibly, building strong partnerships, and delivering long‑term value that is shared by all our stakeholders.” He added that the company maintained an ‘A’ rating on the industry‑first Sustainability Scorecard, reflecting consistent performance across the diverse jurisdictions in which Barrick operates.
Barrick is a leading global mining, exploration, and development company with a portfolio that spans 17 countries and five continents. It is the largest gold producer in the United States and operates a mix of gold and copper assets worldwide. Shares trade on the New York Stock Exchange under the symbol “B” and on the Toronto Stock Exchange under “ABX.”
The Sustainability Report is part of Barrick’s ongoing effort to provide transparent and comprehensive ESG disclosures to investors, regulators, and other stakeholders. The company’s forward‑looking statements, included in the report, are qualified by standard cautionary language that acknowledges the inherent uncertainties in projecting future performance.
Overall, the 2025 Sustainability Report demonstrates that Barrick has made measurable progress in safety, local sourcing, community investment, and environmental stewardship while maintaining a strong focus on responsible mining practices and stakeholder value.