partnerships

Barrick’s business is about partnerships — with governments, communities, suppliers, civil society, other companies, and our employees.

This means balancing our own interests and priorities with those of others, helping both Barrick and our partners to derive real value from working together. It also means embracing a shared sense of responsibility. Getting this balance right helps us sustain the support and confidence of our key stakeholders, which is essential for our business success.

Barrick works closely with civil society and government partners in multi-stakeholder groups, including the Devonshire Initiative, the VPs and EITI.

We interact with a wide range of organizations, individuals, and multi-stakeholder initiatives such as the UN Global Compact, the Voluntary Principles on Security and Human Rights and the Extractive Industries Transparency Initiative and its multi-stakeholder working groups.

Also, in keeping with Barrick’s commitment to responsible mining, we have adopted a number of voluntary codes and initiatives and have become a partner or participating member of various associations and organizations that advance a social responsibility agenda. 

Organization

Date of Adoption / Membership

Focus

BSR

2007

BSR is a U.S.-based, not-for-profit organization focused on sustainability and business. BSR works with its global network of more than 250 member companies to develop sustainable business strategies and solutions through consulting, research, and cross-sector collaboration. Barrick is part of the Human Rights working group at BSR.

Carbon Pricing Leadership Coalition

2016

The Carbon Pricing Leadership Coalition is an international, voluntary partnership between businesses, governments, and civil society organizations. The Coalition aims to strengthen carbon pricing policies, facilitate the integration of existing carbon pricing policies, and provide platforms for carbon pricing discussion and collaboration.

CDP (Carbon Disclosure Project)

2005

The CDP is an independent not-for-profit organization holding the largest database of primary corporate climate change information in the world. Thousands of organizations from across the world’s major economies measure and disclose their greenhouse gas emissions and climate change strategies through CDP; and now water management strategies through CDP-Water Disclosure.

Devonshire Initiative

2007

The DI is a forum for leading Canadian international development NGOs and mining companies to come together in response to the emerging social agenda surrounding mining and community development.  Members believe that a collaborative presence between the Canadian private sector and NGOs in emerging markets can be a force for positive change. The ultimate objective of the (DI) is improved social and community development outcomes wherever Canadian mining companies operate overseas.

Extractive Industries Transparency Initiative

2006

The EITI is a coalition of governments, companies, civil society groups, investors and international organizations. It supports improved governance in resource-rich countries by the verification and full publication of company payments and government revenues from oil, gas and mining.

Global Reporting Initiative

2005

GRI developed the world’s most widely used sustainability reporting framework. The framework sets out the principles and indicators that organizations can use to measure their economic, environmental and social performance.

International Council on Mining & Metals

2006

The ICMM was formed by the world’s leading mining companies. ICMM members believe that be acting collectively the mining, minerals and metals industry can best ensure its continued access to land, capital and markets as well as build trust and respect by demonstrating its ability to contribute successfully to sustainable development. As members we are committed to implementing the ICMM Sustainable Development Framework.

International Cyanide Management Code

2005

The "International Cyanide Management Code For The Manufacture, Transport and Use of Cyanide In The Production of Gold" (the Code) is a voluntary program for the gold mining industry to promote responsible management of cyanide use in gold mining, enhance the protection of human health, and reduce the potential for environmental impacts. Companies that become signatories to the Code must have their operations audited by an independent third party to demonstrate their compliance with the Code.

International Network for Acid Prevention

1998

Acid drainage is one of the most serious and potentially enduring environmental problems for the mining industry.
Left unchecked, it can result in such long-term water quality impacts that it could well be this industry’s most harmful legacy. Effectively dealing with acid drainage is a formidable challenge for which no global solutions currently exist. INAP is an industry group created to help meet this challenge.

Trace International Inc.

2011

Trace International Inc. is a non-profit membership association that pools resources to provide practical and cost effective anti-bribery compliance solutions for multi-national companies and their commercial intermediaries.

United Nations Global Compact

2005

The UN Global Compact provides a framework for businesses to align their operations and strategies with 10 universally accepted Principles in the areas of human rights, labour, the environment and anti-corruption.

Global Compact Network Canada

2013

The Global Compact Network Canada (GCNC) is the local network chapter of the United Nations Global Compact. As the 101st local network of the UN Global Compact, the GCNC supports Canadian signatories (both Canadian firms and subsidiaries of global signatories) in the implementation of the Ten Principles, while facilitating and creating opportunities for multi-sectoral and multi-stakeholder collaboration.

Voluntary Principles on Security and Human Rights

2010

The Voluntary Principles were developed out of a multi-stakeholder process involving companies and NGOs as a means of providing guidance to companies in the extractive sector on maintaining the security of their operations in a manner that respects human rights and fundamental freedoms.

World Gold Council

1987

The World Gold Council is the market development organisation for the gold industry. Working within the investment, jewellery and technology sectors, as well as engaging in government affairs, its purpose is to provide industry leadership, whilst stimulating and sustaining demand for gold.

Barrick has also developed relationships with a number of non-government organizations (NGOs) to further our social and environmental activities in the regions where we operate. We engage with NGOs at the corporate, country and site levels across the company.

Date Download Description
May 6, 2015 files/design/bodybg/our-approach.jpg
2014 Responsibility Report
Gold  $ 1,244.17 +1.24 +0.1% Volume: December 12, 2017
ABX NYSE  $ 13.65 +0.00 +0% Volume: 12,464,454 December 11, 2017
ABX TSX  $ 17.54 -0.03 -0.17% Volume: 2,115,216 December 11, 2017
Gold  $ 1,244.17 +1.24 +0.1% Volume: December 12, 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

En Español