UN-sustainable-development-goals

In September 2015, the United Nations launched the Sustainable Development Goals (SDGs) as a universal call to action to address some of the world’s most pressing issues.

In doing so, the SDGs lay out an ambitious set of goals aimed at ending extreme poverty, fighting inequality and injustice, and protecting our planet. Attaining these goals requires the cooperation of governments, civil society, and businesses around the world. At Barrick, we are committed to joining this effort and working constructively with governments, communities, and other partners to help meet the SDGs by 2030. To understand some of the ways that Barrick is helping advance the SDGs, please click on each goal below.

No Poverty

Goal 1: No Poverty

End poverty in all its forms everywhere

Barrick’s activities help reduce poverty in the communities and countries where we operate. We do this by hiring locally; buying goods and services from local businesses; paying our fair share of taxes; and partnering with local stakeholders on projects that address local economic development priorities. Communities and host governments rightly expect to see benefits from mining activities. When we live up to their expectations, we are partners in their development, help contribute to a more stable and prosperous society, and have a more secure license to operate.

How Barrick is contributing to the goal

  • In 2016, Barrick purchased goods and services worth more than $220 million from local businesses and employed more than 5,500 people from local communities near our mines. And across all the countries where we operate, we generated more than $5.2 billion in economic activity through the purchases of local, regional and national goods and services, through payments to our employees, in taxes and royalties to governments, and in social investments in the communities where we operate.     
  • To improve opportunities for local businesses to do business with our mines, we have established a Local Procurement Standard. This provides our sites with the guidance, tools, and monitoring mechanisms to expand contract opportunities to local suppliers. Our Lumwana mine’s creation of a Local Contractor Development program, which seeks to build and improve the capacity of local suppliers, is a good example.
  • Barrick works with a wide range of partners aimed at addressing poverty. One example is our partnership with A Roof for My Country, which provides housing to low-income families living in extreme poverty in Peru. This three-year program, which ran from 2012-2015, helped build 335 houses in 11 communities.
Zero Hunger

Goal 2: Zero Hunger

End hunger, achieve food security and improved nutrition, and promote sustainable agriculture

Some of Barrick’s mines operate in arid or semi-arid regions, or areas with limited agricultural technology. Partnering with local communities to improve agricultural capacity and practices gives us an opportunity to support more sustainable agricultural practices which can improve farming productivity as well as community health and viability.

How Barrick is contributing to the goal

  • In 2014, Barrick initiated an irrigation project in partnership with Silver Wheaton in Jachal and Iglesia, located in the province of San Juan, Argentina. The project enhances water conservation and agricultural outputs of local farmers by using drip and sprinkling irrigation techniques. It has helped save more than 140,000m3 of water per year and has increased the amount of land under cultivation by 1.5 hectares.
  • Our Lumwana mine in Zambia partners with the Agri-Food Innovators (AFI) program, which provides micro-financing to small scale farmers and hosts workshops for local farmers. These workshops teach farmers different irrigation techniques, sustainable farming methods, and how to access and expand their market reach. The AFI program was launched in 2008 and continues to be active today.
  • In Peru, Barrick and the Alternative Agrarian Institute formed an eco-technology partnership to create the Productive Highlands Program, which continues to benefit Peruvian Andes communities today. Through this program, community leaders who are passionate about eco-agriculture and eco-technologies teach fellow residents sustainable farming techniques that are suitable for their high-altitude climate.
  • In Argentina, Barrick is partnering with Aramark (the Veladero mine’s catering service vendor), local municipalities, and the San Juan Provincial Government, on a program to help farmers in Jachal and Iglesia sell their potatoes and onions. Barrick is supporting these local producers through training and providing seeds, while Aramark has committed to purchase the produce the farmers grow.
Good Health

Goal 3: Good Health

Promote well-being and healthy lives for all ages

Barrick’s safety vision is “every person going home safe and healthy, every day”. We have a Safety and Health Management System to prevent safety incidents before they happen, and health programs to foster employee wellness. We also collaborate with local communities in developing community safety programs to manage local safety risks because we believe we have a role in contributing to the safety and wellbeing of communities near our mines.

How Barrick is contributing to the goal

  • Barrick has worked to develop a safety culture through the Courageous Safety Leadership program, known as “Courage to Care”.  Courage to Care is focused on building an interdependent culture, where we foster good relationships and care for others to make the right decisions at all levels of the Company. Training is provided to all employees at every level of the Company, as well as to our long-term business partners. Since introducing the program over a decade ago, we have seen an 86 percent reduction (i.e., improvement) in our total injury frequency rate.
  • In 2016, our Lumwana mine in Zambia partnered with the Kalumbila District Organizing Committee and the Lumwana Community AIDS Task Force to sponsor World AIDS Day at the local Primary School. The event was attended by approximately 1,800 people and supported the testing of more than 250 people for HIV.
  • In the Dominican Republic, Barrick’s Pueblo Viejo mine has put in place a program to improve road safety in local communities. Road safety is of particular importance for the Dominican Republic. A 2015 report by the World Health Organization indicated that the country has one of the highest rates of traffic accidents in the Americas, with 20 per cent of these accidents involving pedestrians. By increasing road safety in areas with a high rate of pedestrian traffic, such as school zones, we’re helping to improve the overall health and safety of communities.
  • Barrick’s Hemlo mine in Canada has developed a partnership with a local hospital to provide stress testing for mine rescue and other personnel. The site provides financing to train a physician on the administration of the program. This helps the site save on costs (previously site personnel had to travel to the distant city of Thunder Bay to administer the program) and helps improve the local health care system in the nearby community.
Quality Education

Goal 4: Quality Education

Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all

Barrick knows that access to a quality education is at the root of healthier and more prosperous communities. From Argentina to Zambia, we know education is a priority for our community and government partners everywhere we operate. For the past 25 years, Barrick has been a partner in a wide-range of educational initiatives including: community training in business management and skills development, infrastructure investments in local schools, and training and professional development opportunities for our own employees.

How Barrick is contributing to the goal

  • Since 2005, Barrick has invested more than $100 million in educational projects and partnerships. In 2016 alone, Barrick invested nearly $8 million in educational initiatives, representing 35 percent of our total community investments.
  • In the Dominican Republic, as construction began at our Pueblo Viejo mine, a lack of education was identified as a key barrier to local employment. As a result, Barrick made significant investments in professional and student skill development programs, which to date have benefitted over 1,000 teachers and 200 students. Our partnership with the One Laptop Per Child initiative is the latest partnership in a series of investments in education in the Dominican Republic. In 2015, the project provided 600 elementary school children in the Dominican Republic with personal laptops, helping close a digital divide and better connect these children to technology.
  • Also in the Dominican Republic, Barrick is partnering with INFOTEP, a government agency, to develop vocational and technical courses designed to strengthen the skills of local communities. In 2016, this initiative saw more than 800 people from 14 local communities graduate from 36 different types of training programs.
  • In Nevada, Barrick helped develop and continues to provide support for the operation of a ground-breaking program for language revitalization in Western Shoshone communities, known as the Shoshone Youth Language Apprenticeship Program (SYLAP). Implemented through the University of Utah’s Shoshone Language Project, this program brings high school-aged youth from Western Shoshone communities to the university every summer for a six-week residency program of language instruction and related cultural activities.
  • In 2017, through a new partnership with Cisco and Great Basin College in Nevada, Barrick is advancing the digital knowledge of employees and other community groups in northern Nevada through a free Information Technology (IT) educational program. The program will be administered by Cisco’s Networking Academy at Great Basin College and will feature both online and in-person courses. Barrick’s investment of nearly $400,000 over three years covers hardware, software, instructor training and salaries, as well as course fees. We are working to expand the program to every country where Barrick operates.
Gender Equality

Goal 5: Gender Equality

Achieve gender equality and empower all women and girls

Inclusion is an important part of our workplace culture, where all people are valued. Barrick strives to provide equal opportunity and freedom from discrimination for all our employees to foster a diverse and equitable workplace. Greater workforce diversity brings new perspectives, fuels innovation and aids problem solving. It also helps address skill gaps, improves productivity and can boost profitability, according to a growing body of research.1 Outside the workplace, we also have an opportunity to work with communities to empower women and girls and drive more inclusive economic growth and development.

How Barrick is contributing to the goal

  • In rural Zambia, many women leave school before graduating to help support their families or to get married.  As a result, women’s literacy rates in rural communities are extremely low which significantly impedes their economic prospects. The Nsabo Yetu program, sponsored by Barrick and located near our Lumwana mine, works to address these issues. Working with a local non-governmental organization, Children with Future in Zambia, the mine’s Sustainability Department devised a program to teach women how to read and write, as well as develop financial literacy and entrepreneurship skills. To date, the program has reached more than 2,000 women near the mine site.
  • At the Pueblo Viejo mine in the Dominican Republic, Barrick supports several small business groups in communities near the mine to promote and help entrepreneurs build skills independent of mining. As part of this program, the mine targets a number of women’s entrepreneurial groups, including the women's association of Piedra Blanca, which produces brightly colored carpets made from scraps of cloth; Jiminillo (CASA IDEA), which produces medicinal oils from plants; and CEFORMOMALI, a non-governmental organization established in Cotuí that works with more than 80 women's associations creating products for personal hygiene, home and health.
  • Since 2012, Barrick has partnered with the non-governmental organization White Ribbon to implement gender-based violence prevention programs at several Barrick mine sites and host communities. At our Lumwana mine for example, White Ribbon worked with Barrick employees to deliver financial literacy classes when they recognized that conflict could arise between couples around management of household finances.
  • In 2016, Barrick joined the 30% Club Canada. The 30% Club aims to develop a diverse pool of talent for all businesses through the efforts of its Chair and CEO members who are committed to better gender balance at all levels of their organizations.

1 See for example: Saxena, A., “Workforce diversity: A key to improve productivity” Procedia Economics and Finance (2014)11, 76-85; and Hewlett,S., Marshall, M. & Sherbin, M., “How diversity can drive innovation” Harvard Business Review (2013)

Clean Water and Sanitation

Goal 6: Clean Water and Sanitation

Ensure availability and sustainable management of water and sanitation for all

Water is a shared, vital and sometimes scarce resource. As mining is a water-intensive industry, we know that our activities, if not properly managed, have the potential to negatively impact the quality and availability of water for other users. Recognizing this, a priority for us is to manage our water use in a responsible manner through all stages of the mine life cycle. Moreover, by investing in infrastructure and water conservation efforts, we can help increase access to and improve management of water in communities where we operate.

How Barrick is contributing to the goal

  • In the Dominican Republic, Barrick has supported the construction of 41 aqueducts which are increasing water access for about 12,000 people in the 26 communities near the Pueblo Viejo mine.
  • Water treatment plants at the Pierina mine in Peru are an important part of the mine's closure plan. Barrick has built two new water treatment plants to safeguard local water quality. In addition, some of the treated water is channeled into several communities in the nearby Pucaurán and Pacchac valleys for irrigation use.
  • Barrick actively engages with local communities on water-related matters. The Company has water-monitoring programs with communities located near our operations in Peru, Argentina, Zambia, Canada, and the Dominican Republic. These programs are an important way to build trust between the Company and community by sharing information about such a vital resource in a transparent and open manner. Barrick also has water quality data available online for the local community and other stakeholders near the Pascua-Lama project in Chile.
Affordable and Clean Energy

Goal 7: Affordable and Clean Energy

Ensure access to affordable, reliable, sustainable and modern energy for all

Mining is an energy-intensive business, with energy being used at all stages of the mining process. By effectively managing our energy use, we also have the opportunity to reduce our greenhouse gas (GHG) emissions, achieve more efficient production, reduce our draw from local energy grids, and reduce our direct mining costs. Managing our energy use is therefore a business imperative.

How Barrick is contributing to the goal

  • In 2014, Barrick developed a Five-Year Energy Plan with the goal of reducing energy costs by at least 10 percent. To accomplish this, the Company is exploring a range of energy initiatives for the short, medium and long term, including fuel substitution, renewable energy opportunities, lighting upgrades (such as moving to LEDs), the use of variable-frequency drives (VFDs), energy contracts, ore movement options, compressed air, smart grids, mine electrification, biofuels and waste heat recovery.
  • In 2016, 36 percent of Barrick’s electricity was provided by renewable sources, including wind, solar, and biofuels. We have made significant investments in renewable infrastructure, including a $50 million wind farm in Chile.
  • In 2016, Barrick's Hemlo mine was recognized by Canada's Department of Natural Resources for its innovative energy conservation program. The mine drove down energy consumption and reduced greenhouse gas emissions by optimizing its underground ventilation system and using the geothermal properties of the mine to help manage air temperature in the underground. The project reduced energy consumption by 10 percent and GHG emissions by 24 percent between 2013 and 2015.
Decent Work and Economic Growth

Goal 8: Decent Work and Economic Growth

Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all

Barrick’s activities generate significant economic and social returns for the communities and countries where we operate. We do this by creating local jobs, buying goods and services from local businesses, paying our fair share of taxes, and partnering with governments and civil society on local priorities, such as education and economic diversification.

How Barrick is contributing to the goal

  • Since 2010, Barrick has paid more than $13 billion in wages and benefits and since 2010, has purchased more than $48 billion worth of goods and services from local, regional, and national businesses in the countries where we operate. In 2016, approximately 85 percent of our purchases of goods and services—more than $2.6 billion—were from local, regional and national suppliers, creating significant economic benefits for the local mine area and beyond.
  • In 2012, Barrick worked with World Vision in Peru on a three-year partnership aimed at improving and diversifying livelihoods. This unique partnership provided micro-financing loans to nearly 600 people, with a particular focus on youth and women; helped local governments improve their access to mining royalties by more than tenfold; and provided training for local government representatives and community members in participatory budgeting processes.
  • Barrick has a Local Procurement and Contracting Standard which guides our mine sites in developing the capacity of local and regional businesses and helps improve their access to mine contracts and supplier opportunities. To create more opportunities for local people to work at our mines, Barrick also requires sites to develop Local Employment Plans which ensure attention is paid to local employment over the life of the mine.
  • At Barrick’s Veladero mine in Argentina, the Company has a business incubator for Iglesia entrepreneurs. Barrick offers a space for local entrepreneurs to get expert advice and receive the necessary funding to turn their ideas into real businesses. Over time, we will support the launch of these businesses which will help generate new economic opportunities for the region.
Industry, Innovation and Infrastructure

Goal 9: Industry, Innovation and Infrastructure

Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation

Innovation represents a major opportunity for Barrick and the mining industry, and we are seizing that opportunity. By using advanced digital technology, we can unlock value across our entire business—from integrated planning and financial modeling at the Head Office, right down to improved operational efficiencies at the rock face at our mines. Just as importantly, innovation will allow us to reduce our environmental and social impacts and be even more transparent with our local partners—especially communities, host governments, and civil society. In doing so, we see innovation as an important step towards global sustainability.

How Barrick is contributing to the goal

  • We recently announced a partnership with Cisco to digitize our operations, which will improve efficiency, productivity and safety, and lower costs. Predictive data and analytics can help improve our management of energy, water, and emissions. Real-time data will inform decision-makers and improve transparency with our stakeholders. Digitization can also help improve safety through equipment automation.  
  • In line with our Cisco partnership, Barrick hosted its first hackathon early in 2017 where software developers, data scientists, user experience designers, engineers, and mathematicians gathered to create technical solutions to challenges facing the mining industry. Barrick plans to sponsor as many as five hackathons around the world in 2017 in order to find innovative solutions to operational challenges.
  • In Nevada, our team at the Goldstrike mine made Barrick the first company in the western world to successfully produce gold using calcium thiosulfate leaching rather than cyanide. Two decades in the making, this innovation brought together the best and brightest of our environmental, energy, processing, and engineering talents. The result is a convergence of business and environmental interests: a highly unique and more environmentally-friendly process that will help us realize cash flow from nearly four million ounces of stockpiled ore.
Reduced Inequalities

Goal 10: Reduced Inequalities

Reduced inequality within and among countries

We believe mining can play an important role in reducing inequalities. We can do this by hiring and buying locally to support incomes, partnering with local businesses to foster economic diversification, and partnering with governments and communities to improve infrastructure and access to basic services like health and education.

How Barrick is contributing to the goal

  • In the Dominican Republic, our Pueblo Viejo mine partnered with government, business, civil society and others to facilitate the development of Municipal Development Plans (MDPs). MDPs are focused on long-term sustainable development of communities. They are developed in a transparent and participatory process whereby communities set priorities for how to use mining revenue; attention is paid on developing local capacity to manage and allocate that revenue in a transparent and democratic way. To date, more than 405 municipal projects have been delivered across 48 municipalities and communities.
  • Barrick’s Local Procurement and Contracting Standard requires Community Relations and Supply Chain teams to develop the capacity of local and regional suppliers and increase their access to mine contracts and supplier opportunities. When we integrate local suppliers into our procurement systems, we are helping diversify local economies and contribute to economic development.
  • At the Pueblo Viejo mine, Barrick developed an operator technical training program that was launched in late 2015. The program is built around assessing existing individual skills of community members and building customized technical training which then enables them to have the right capabilities to operate equipment at the mine. Operators are able to continue accessing the training center throughout their career, thereby expanding their skill sets and allowing us to expand the talent available to the mine site. As part of this program, the mine opened a new training center with equipment and simulators to help expedite the training process in the summer of 2016.
Sustainable Cities and Communities

Goal 11: Sustainable Cities and Communities

Make cities and human settlements inclusive, safe, resilient and sustainable

Every mine has a finite operational life and its eventual closure can contribute to significant social and economic changes. Therefore, we consider mine closure even before construction begins through the development of a Mine Closure Management System. This relies on listening to and understanding our partners’ – that is, communities, host governments, and other stakeholders - social and economic priorities and concerns. It also means identifying and managing the social, environmental, and economic impacts created by the mine during operation, and importantly, after the mine closes.

How Barrick is contributing to the goal

  • In the Dominican Republic, our Pueblo Viejo mine partnered with government, business, civil society and others to facilitate the development of Municipal Development Plans (MDPs). MDPs are focused on long-term sustainable development of communities. They are developed in a transparent and participatory process whereby communities set priorities for how to use mining revenue; attention is paid on developing local capacity to manage and allocate that revenue in a transparent and democratic way. To date, more than 405 municipal projects have been delivered across 48 municipalities and communities.
  • In Peru, the Public Works Through Taxes program allows companies to contribute up to half of their income tax to public infrastructure projects. Barrick participates in the program and has committed $6.4 million to finance a project aimed at improving medical care in Santiago de Chuco (located near the Lagunas Norte mine). Barrick already constructed a $2.4 million, 21-mile road through the Public Works Through Taxes program that increases community connectivity and benefits 3,100 locals.
  • As Barrick’s Pierina mine closes, the site continues to work closely with local suppliers to further enhance their skills. As part of this program, leaders from several local companies have been trained in production, finance, and sales. Moreover, these companies have also received training in marketing, commercial communications, tenders, and commercial tools.
Responsible Consumption and Production

Goal 12: Responsible Production and Consumption

Ensure sustainable consumption and production patterns

At Barrick, responsible production means managing our environmental and social impacts in alignment with good international practice. By operating to high standards, we can minimize our impact on the environment, build trust with our stakeholders and, as a result, help achieve a more secure license to operate.

How Barrick is contributing to the goal

  • Barrick reports to the Global Reporting Initiative (GRI) G4 Sustainability Reporting Standards to provide others with a comprehensive understanding of the Company’s sustainability performance and progress. This information helps both us and our interested stakeholders track the Company’s environmental and social performance and progress in living up to our Sustainability Vision.
  • Each year, Bureau Veritas North America is engaged by Barrick to provide independent external assurance on Barrick’s annual Responsibility Report; to provide commentary on Barrick’s alignment to the ICMM’s 10 Sustainable Development Principles; to assess implementation of the Voluntary Principles on Security and Human Rights; and provide reasonable assurance over Barrick’s Conflict-Free Gold Report. The assurance process also includes an assessment of Barrick’s performance and progress on a range of corporate social responsibility (CSR) issues. This process helps give stakeholders confidence in our public reporting and management systems.
  • All gold and gold-bearing materials produced by Barrick are in conformance with the World Gold Council’s Conflict-Free Gold Standard. This means Barrick’s gold and gold-bearing materials have been mined in a manner that does not cause, support, or benefit unlawful armed conflict, or contribute to serious human rights abuses or breaches of international humanitarian law.
Climate Action

Goal 13: Climate Change

Take urgent action to combat climate change and its impacts

Mining is an energy-intensive business. Energy—much of it from carbon-based sources—is used at every stage of the mining process and we recognize the link between this energy use and climate change.  Barrick considers climate change to be a Company, community, and global concern. By effectively managing our energy use, we are able to reduce our greenhouse gas (GHG) emissions, achieve more efficient production, reduce our draw from local energy grids, and save a significant proportion of our direct mining costs.

How Barrick is contributing to the goal

  • In 2016, Barrick joined the Carbon Pricing Leadership Coalition—the first Canadian gold mining company to do so. The Carbon Pricing Leadership Coalition is an international, voluntary partnership between businesses, governments, and civil society organizations. It aims to strengthen carbon-pricing policies, facilitate the integration of existing carbon-pricing policies, and provide platforms for carbon-pricing discussion and collaboration.
  • Barrick’s newly formed Climate Change Committee is composed of senior-level executives, including the Chief Financial Officer, Chief Investment Officer, Chief Innovation Officer, and the Chief Sustainability Officer, who are working together to steer the Company’s climate change programs.
  • By the end of 2017, Barrick plans to conduct a climate change risk assessment and establish targets around climate change. The year 2014 will be used as the new global baseline for GHG and energy reduction target setting.
Life Below Water

Goal 14: Life Below Water

Conserve and sustainably use the oceans, seas and marine resources for sustainable development

As Barrick’s mines are not located near coastal areas, we have very little direct impact on oceans, seas, or marine resources. However, our limited use of saline water is managed in accordance with our Water Conservation Standard. See Goal 15: Life on Land for our efforts relating to freshwater management and conservation.

Life on Land

Goal 15: Life on Land

Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss

Mining impacts the physical environment. At Barrick, we believe that wise environmental stewardship is based on careful planning, diligent implementation, thoughtful assessment of performance, and a desire to improve over time. This belief drives our commitment to responsible operating practices and to comply with legal requirements in our mining permits.

How Barrick is contributing to the goal

  • Barrick has a Biodiversity Standard which establishes minimum standards for the management of biodiversity at all exploration, project, operating and closure sites. The Biodiversity Standard and our management approach are focused on ways to achieve beneficial outcomes for potentially impacted biodiversity features at new projects and major expansions of existing properties. This includes combining the elements of the Mitigation Hierarchy of avoidance, mitigation and restoration programs with biodiversity offsets and/or other conservation actions, so landscapes in the regions benefit over time from our presence. Nonetheless, all of our mines are managed with the goal of minimizing impacts on biodiversity.
  • In Nevada, a unique partnership between Barrick, the Nature Conservancy and the U.S. Government was developed in 2015 to protect 900 square miles of the sagebrush ecosystem in an effort to rehabilitate declining native sage grouse populations.
  • In Canada, when closing the David Bell mine in Ontario, Barrick partnered with Laurentian University to develop artificial topsoil called “technosol” to help support the growth of newly planted trees.
  • In Argentina, Barrick’s Veladero mine, as well as the Lama side of the Pascua-Lama project, are located within the multi-use area of the San Guillermo Man and Biosphere Reserve (San Guillermo MAB). Comprising 990,000 hectares, it is a thriving ecological micro-region. Barrick has set up a $7.5 million fund to support monitoring and controls within the San Guillermo MAB. The money is intended for a number of projects and has so far been used to purchase vehicles to support biological monitoring and water management programs, as well as for the construction of two mountain shelters in the biosphere reserve area.
Peace, Justice and Strong Institutions

Goal 16: Peace, Justice and Strong Institutions

Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels

With thousands of employees, suppliers, and contractors working in highly diverse countries, our exposure to potential incidents of bribery and corruption is real. Not only is corruption contrary to our values of integrity and responsibility, it also erodes the social fabric of the communities where we operate. At Barrick, we demand that all of our interactions and those of our value chain are conducted in an ethical, honest and accountable manner.

How Barrick is contributing to the goal

  • Barrick’s Code of Business Conduct and Ethics, our Human Rights Policy, and our Policy with Respect to the Declaration of Fundamental Principles and Rights at Work set the tone for the maintenance of a safe and ethical workplace at all Barrick operations and offices. We require that our work environment be free from discrimination and harassment.
  • At Barrick, there is no tolerance for forced labor or child labor, and we enforce a minimum age requirement for our employees. Barrick employees receive anti-Corruption, code of conduct, and human rights training. Furthermore, there are hotlines made available to employees to report human rights violations.
  • In 2016, 95 percent of new mining operations suppliers (more than 1,100 vendors) received due-diligence screening under the Vendor Onboarding Standard. The onboarding process covers the Supplier Code of Conduct and Barrick’s human rights and anti-corruption programs, as well as adherence to the Company’s safety and environmental standards. Our goal is to bring our existing supplier base onto the vendor onboarding system by the end of 2017 and to achieve 100 percent compliance to our vendor onboarding system including additional screening activities for high-risk vendors. We are on track to meet this commitment.
  • Barrick serves on the Steering Committee for the Global Compact’s Business for Peace Initiative, and participates in the Global Compact Human Rights and Labor Working Group, as well as the UN Global Compact Supply Chain and Sustainability Working Group. Barrick has also played an active role in the Voluntary Principles on Security and Human Rights (VPs).  The VPs is the leading multi-stakeholder initiative for security and human rights. After adhering for several years to the VPs, in 2010 we joined the Initiative, providing a forum for us to engage with leading NGOs, companies, and governments in areas related to security and human rights. Since then, Barrick has served in several leadership positions, including on the VPs Steering Committee (2012-13, 2016-18), and chairing the Corporate Pillar (2013).
  • Barrick is a signatory with the Extractive Industries Transparency Initiative (EITI) and the United Nations Global Compact (UNGC). As a signatory to EITI, Barrick publicly reports all payments to government (available here). The UNGC’s goal is to work with companies to align their culture, strategy, and daily operations with the UN’s accepted principles around human rights, labour standards, the environment, and anti-corruption.
Partnerships for the Goals

Goal 17: Partnerships for the Goals

Strengthen the means of implementation and revitalize the global partnership for sustainable development

At Barrick, partnerships are at the heart of what we do. We cannot exist, much less thrive, unless we partner with governments and host communities to transform their natural resources into sustainable benefits and mutual prosperity. Every one of our relationships – with communities, host governments, employees, shareholders, and others – must be measured in decades. By always looking for ways to create mutual prosperity, we aim to become the trusted partner of host governments and communities, the most sought-after employer, and the natural choice for long-term investors. We believe there is only one way to truly advance, and that is together.

How Barrick is contributing to the goal

  • In Nevada, a partnership between Barrick, the Nature Conservancy and the U.S. government is protecting 900 square miles of the sagebrush ecosystem to rehabilitate declining native sage grouse populations.
  • In Peru, Barrick recently completed a three-year partnership with World Vision and the Canadian International Development Agency (CIDA). The program included micro-financing for local businesses, targeting women and youth, as well as training for local government representatives and community members to participate in the budgeting processes. On the latter, rural community participation in the budgeting process increased from only 10 percent before the project started to 60 percent by the project’s conclusion.
  • We interact with a wide range of organizations, individuals, and multi-stakeholder initiatives such as the Carbon Disclosure Project, the United Nations Global Compact , the Extractive Industries Transparency Initiative and the Voluntary Principles on Security and Human Rights. Doing so helps us put our commitment to transparency into action and exposes us to diverse points of view and cutting edge thinking on some of mining’s most challenging issues. See External Commitments and Partnerships for a complete list of Barrick’s memberships and partnerships.
  • In the Dominican Republic, our Pueblo Viejo mine partnered with government, business, civil society and others to facilitate the development of Municipal Development Plans (MDPs). MDPs are focused on long-term sustainable development of communities. They are developed in a transparent and participatory process whereby communities set priorities for how to use mining revenue; attention is paid on developing local capacity to manage and allocate that revenue in a transparent and democratic way. To date, more than 405 municipal projects have been delivered across 48 municipalities and communities.
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May 6, 2015 files/design/bodybg/our-approach.jpg
2014 Responsibility Report
Gold  $ 1,284.70 +0.85 +0.07% Volume: August 16, 2017
ABX NYSE  $ 16.91 +0.36 +2.17% Volume: 9,399,317 August 16, 2017
ABX TSX  $ 21.34 +0.23 +1.09% Volume: 2,373,284 August 16, 2017
Gold  $ 1,284.70 +0.85 +0.07% Volume: August 16, 2017

Our vision is the generation of wealth through responsible mining — wealth for our owners, our people, and the countries and communities with which we partner.

World Gold Council MemberMember of ICMM

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