Skip to main content
Sustainability > Society

Stakeholder Engagement

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

This means balancing our own interests and priorities with those of others, helping both Barrick and our partners benefit from working together. It also means embracing a shared sense of responsibility to work constructively on matters of mutual interest and concern. Getting this balance right helps us maintain the support and confidence of our key stakeholders, which is essential for our business to succeed.

Everywhere we operate, our approach to stakeholder engagement is based on the same core principle: that transparency is the currency of trust. For Barrick, transparency takes many forms, including inviting others to measure and assess our environmental and social performance, sharing information in a timely and accessible way, and listening to others’ points of view. We also seek third-party input and reviews because we know this can make our systems stronger. Ultimately, we do this so people will have more reason to trust what we are doing as a company.

Putting this into practice means engaging with stakeholders in a wide variety of channels that are both accessible and culturally appropriate. These range from speaking with people daily at our offices in local communities, to inviting people to help us monitor air and water quality near a mine, to hosting an annual online briefing on Barrick’s sustainability performance for investors and other interested stakeholders.

We undertake regular stakeholder- and issues-mapping, to identify our stakeholders and the issues they care about most. We prioritize engagement with stakeholder groups who are directly impacted and interested in our activities (such as local communities and host governments) and those that can have a significant impact on our business success (such as our investors, civil society, and governments).

At our mine sites, this means working closely with our people, local communities, and government stakeholders who are located in the mine’s direct area of influence. At the enterprise-level, we engage with investors, our home government, and civil society organizations that are interested in our operations. Perception surveys, partnerships, participation in multi-stakeholder forums, and meetings are some of the ways that we engage and understand stakeholder interests and concerns about our sustainability performance.

In 2017, issues of concern expressed by our stakeholders included: 

  • Local employment and local procurement at our operations
  • Barrick’s human rights program and security practices
  • Our environmental performance and remediation of any incidents
  • Governance of joint-ventures and affiliates
  • Our approach to climate change

The following table summarizes the ways that we engaged these site- and enterprise-level stakeholders in 2017, their key interests, and examples of how we have reported on or taken action on these interests.

Stakeholder Engagement in 2017

Stakeholder Group Examples of Stakeholder Interests Examples of Actions Taken

Local communities

Jobs at the mine

Transparency on environmental impacts

Supplier opportunities

More regular communication with the mine

 

Site Tours
At our Pueblo Viejo mine in the Dominican Republic, we hosted 51 community visits to the mine. Almost a thousand community members were able to visit and learn about the site.

Grievance Mechanisms
In 2017, Barrick-operated sites received 259 grievances, primarily related to contractor issues.

Community Councils
In Argentina, the Veladero mine convened monthly community councils to better listen and learn from the communities of Jachal and Iglesia.

Stakeholder perception surveys
We conducted stakeholder perception surveys to independently measure support and better understand community concerns at all our sites in 2017.

Prioritizing Local Content
In 2017, local employment at Barrick-operated sites increased from 51% to 60%.

Environmental water monitoring
Almost 500 community members took air and water samples as part of a Pueblo Viejo participatory environmental monitoring program in 2017.

Home and Host Governments

Revenue transparency

Social and economic development from mining

Climate change

Regulatory and legal compliance

Responsible business practice

 

In-person meetings
Our Executive Directors engage with government and regulatory authorities on a regular basis. In 2017, the team in Zambia met with ZESCO – the state-owned power company – and concluded a legally binding addendum to the Power Supply Agreement (PSA) for 12 months between January and December 2017.

Support for business accountability
We publicly supported the Government of Canada’s announcement of an additional accountability mechanism for Canadian businesses operating overseas, focused on dialogue and conflict resolution.

Adopting Climate Targets
Barrick has set a goal to keep its current GHG emissions flat in the short term and is targeting a 30 percent reduction in GHG emissions by 2030, from a 2016 baseline of 3.5 MT CO2e emitted. This target is closely aligned with the national targets set by many of our host governments.

Increased transparency
In 2017, Barrick published our inaugural Economic Contributions Report to detail how our policies and management systems support the social and economic development of the countries and communities where we operate. This included detailed information on our tax strategy, our efforts to prioritize local employment and local procurement, and our community investments.

EITI participation
As a member of the Extractives Industries Transparency Initiative, Barrick reports in detail on payments made to governments.

Investors

Financial and operational performance

Climate change

Sustainability performance

Governance

Sustainability Briefing for Investors
Barrick held its first-ever Sustainability Briefing for Investors in 2017, featuring presentations by many of the Company’s leaders who drive Barrick’s sustainability activities, underscoring just how integral sustainability is to our business.

In-person meetings
In 2017, we held more than 100 engagements on environmental, social, and governance issues with our investors.

Commit to TCFD
In 2017, we committed to supporting the voluntary recommendations of the industry-led Financial Stability Board Task Force on Climate-Related Financial Disclosures (TCFD). The TCFD recommendations are considered the new benchmark for disclosure of climate-related risks and opportunities.

Participation in sustainability indices and third-party ratings
In 2017, Barrick was named to the Dow Jones Sustainability World Index for the 10th consecutive year. The Company was also included in the Dow Jones Sustainability North America Index for the 11th consecutive year.

Our People

Safe and healthy workplace

Strong organizational culture

Prosperous communities

Tone-from-the-Top
Barrick opens its weekly company-wide Business Plan Review meetings with a Safety Share on a workplace safety issue, usually led by one of the sites. We also have a Value Share at the same meeting where we discuss how we put Barrick’s values into action.

Town halls
We host virtual townhalls broadcast to all our people around the world to communicate with and listen to people following significant business changes.

Barrick Intranet
Through THE CORE, the Company’s internal web portal, we shared approximately 500 stories and news items with our people in 2017.

Compliance Hotline
In 2017, our people raised more than 200 concerns about potential code of conduct violations through Barrick’s compliance hotline and other reporting channels.

Support for Giving
Barrick has introduced programs to match giving from our people to local charities at our Nevada mine sites and at our Toronto office.

Organizational health index survey
In 2017, Barrick undertook a company-wide survey to better understand the cultural and leadership behaviors that can best drive our performance and help us achieve our business objectives.

Civil Society Organizations

Climate change

Sustainability performance

Responsible business practice

Human rights

Site Tours
The Lumwana mine in Zambia hosted a site tour for faith-based groups. They had expressed concerns over alleged uranium mining in the past, and the site staff made subject matter experts available to clarify concerns regarding this allegation.

Collaborative Partnerships
With UNICEF Canada and the Government of Canada, Barrick organized a multi-sector working group to create a checklist and handbook to help companies better integrate the Voluntary Principles and children’s rights. The checklist was launched in March 2017.

Addressing concerns about remedy at the Porgera Joint Venture
Barrick and Barrick Niugini Ltd. (BNL) engaged Dr. Margaret Jungk, former chair of the UN Working Group on Business and Human Rights, to head a team at the social non-profit Business for Social Responsibility (BSR).  Dr. Jungk and her team have been tasked with making recommendations for providing improved access to effective remedy for populations who may be affected by the mine. This work has engaged many of the Framework’s most vocal critics, and engaged international experts in a roundtable discussion at the UN Forum on Human Rights, as well as local and national voices in PNG.

Third-party audits
Barrick engages a third-party consultant to provide independent external assurance on Barrick’s performance and progress on a range of environmental, social, and governance (ESG) issues. We also engage a third-party to conduct independent Human Rights Impact Assessments of our sites.

Voluntary Memberships and Codes

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.