Barrick has been recognized as a carbon disclosure leader in an annual global survey of companies conducted by the CDP. Barrick earned the highest disclosure score in the Canadian materials sector, receiving 98 points out of a possible 100 for its detailed responses to a questionnaire about how it manages carbon-related issues, such as governance, strategy, initiatives and greenhouse gas emissions.
"Our inclusion in the CDP Carbon Disclosure Leadership Index is a result of people throughout the company working together to continuously improve our environmental performance and reduce our carbon footprint," says Rick Baker, Vice President, Environment. "We have developed short- and long-term strategies to help us achieve our environmental goals, which include reducing our energy consumption, and improving energy efficiency throughout the company. We are committed to public disclosure and are very pleased to be recognized as a leader in Canada by the CDP."
CDP, formerly known as the Carbon Disclosure Project, is an international, not-for-profit organization providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information. CDP works with market forces, including 822 institutional investors with assets of $95 trillion, to motivate companies to disclose their impacts on the environment and natural resources and take action to reduce them. CDP now holds the largest collection globally of primary climate change, water and forest risk commodities information and puts these insights at the heart of strategic business, investment and policy decisions.