Barrick Sets the Standard in Advancing United Nations’ Sustainable Development Goals - Seite 2

As Barrick Mining Corporation enters a new growth phase through the rest of the decade, it has also recalibrated its greenhouse gas (GHG) emissions profile and reduction roadmap to align with its expanding production base, and increased renewable energy footprint supporting its ambitious Net Zero by 2050 target.

“We’re not buying our growth — we’re building it,” says group sustainability executive Grant Beringer. “That means we’re adding new emissions, not inheriting existing ones. Our forecast has been updated to transparently reflect this, and we continue to invest in renewables, energy efficiency and supplier engagement to ensure we scale with discipline. Our 2050 Net Zero commitment remains firm – while our medium-term emissions targets are still aligned with our original principles, albeit linked to emissions intensity reductions, in line with our evolving production profile.”

This year, Barrick introduced a new site-level Sustainable Development Goal (SDG) performance framework, setting a benchmark for transparent, community-focused progress. This framework tracks site-level development across indicators such as clean water, education and healthcare, reflecting Barrick’s commitment to measurable impact in line with the United Nations SDGs.

“We use the SDGs not as a communications tool but as a delivery framework,” says Beringer. “Whether it’s reducing malaria in the DRC, improving maternal health in Pakistan, or restoring water infrastructure in Argentina, our success is measured in real-world outcomes for real people.”

Other highlights for the year include the fact that 97% of Barrick’s employees and 76% of its senior site management are host country nationals. In 2024, Barrick spent $7.1 billion with local and in-country suppliers, driving local business growth and economic resilience. The company also reused or recycled 85% of its water intake, and major solar and hydro investments are currently underway in Pakistan, Argentina and the DRC.

The full 2024 Sustainability Report, Beyond the Horizon, is available on Barrick’s website at www.barrick.com/sustainability.

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Website: www.barrick.com

Cautionary Statement on Forward-Looking Information

Certain information contained or incorporated by reference in this release and the Sustainability Report, including any information as to our sustainability strategy and vision, targets, projects, plans, or future financial or operating performance, constitutes “forward-looking statements”. All statements, other than statements of historical fact, are forward-looking statements. Often, but not always, forward-looking information can be identified by the use of words such as “vision”, “strategy”, “believe”, “expect”, “target”, “plan”, “commitment”, “objective”, “aim”, “goal”, “continue”, “budget”, “potential”, “may”, “will”, “can”, “should”, “could”, “would”, and similar expressions. In particular, this release and the Sustainability Report contain forward-looking statements including, without limitation, with respect to: (i) Barrick’s sustainability strategy and vision; (ii) Barrick’s environmental, health and safety, corporate social responsibility (including social and economic development, water management, tailings, hazardous waste management, diversity, equity and inclusion, community relations, resettlement and disease prevention), human rights and biodiversity programs, policies and performance; (iii) Barrick’s climate change strategy and associated greenhouse gas emissions reductions targets, including with respect to our Scope 3 emissions and associated targets, as well as the estimated capital expenditures required and our ability to meet our greenhouse gas emissions reduction targets; (iv) climate risks and opportunities identified through our climate scenario analysis; (v) the estimated timing and ability of Barrick to achieve environmental, social, health and safety, and energy reduction targets, including our greenhouse gas emission reduction targets; (vi) Barrick’s strategy to address legacy human rights issues and planned independent site assessments; (vii) the anticipated benefits of Barrick’s renewable energy investments, including solar projects at Reko Diq, Nevada Gold Mines and Kibali; (viii) Barrick’s 2025 materiality assessment; (ix) the status of negotiations with the Government of Mali in respect of ongoing disputes regarding the Loulo-Gounkoto Complex and Barrick’s commitment to reach a mutually acceptable solution; and (x) our joint ventures, partnerships and industry association memberships.