Barrick Gold Corp.
Industry Group: Precious Metals
Country/Region: Canada
Identifier: TSE:ABX
Based in Toronto, Barrick Gold is one of the world's largest gold miners. In 2023, the firm produced nearly 4.1 million attributable ounces of gold and about 420 million pounds of copper. At year-end 2023, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in 19 countries in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure. Its potential Reko Diq project in Pakistan, if developed, could double copper production by the end of the decade.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Precious Metals 40 out of 107
Universe
Global Universe 10209 out of 15103
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Franco-Nevada Corp. |
10
Negligible
|
3 out of 107 |
| Agnico Eagle Mines Ltd. |
21.8
Medium
|
13 out of 107 |
| Barrick Gold Corp. |
29.5
Medium
|
40 out of 107 |
| PT Amman Mineral Internasional Tbk |
37.4
High
|
70 out of 107 |
| Shandong Gold Mining Co., Ltd. |
52.7
Severe
|
101 out of 107 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
How do the ESG Risk Ratings work?
Top Material ESG Issues for Barrick Gold Corp.
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What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Barrick Gold Corp.'s ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
