NEWS

20.10.10
Barrick named disclosure leader by the Carbon Disclosure Project

ICMM member Barrick has been recognized as a carbon disclosure leader in an annual global survey of companies conducted by the Carbon Disclosure Project.

Barrick was listed on the Toronto Stock Exchange as the most prepared, involved, and transparent in their initiatives to address climate change.

ICMM has released a formal policy on climate change which commits members to take positive action against climate change.

Members of ICMM must also commit to principles of public reporting and independent assurance in line with the Global Reporting Initiative’s framework.

"We are very pleased to be recognized by the Carbon Disclosure Project for our public reporting practices and management strategy, “ said Bill Williams, Barrick's vice president Environment. “We will continue to report on the progress we are making, as we pursue opportunities to reduce energy consumption and greenhouse gas emissions and adopt renewable energy projects at our operations."

The Carbon Disclosure Project is the only global climate change reporting system that asks companies to disclose their greenhouse gas emissions and climate change strategies. The survey asks companies to set reduction targets and make performance improvements that mitigate their impact on the environment.

SUSTAINABLE DEVELOPMENT FRAMEWORK

Principle 04:

Implement risk management strategies based on valid data and sound science.

Principle 10:

Implement effective and transparent engagement, communication and independently verified reporting arrangements with our stakeholders.

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