TORONTO – Barrick Gold Corp. has released its annual report on its corporate social responsibility activities around the globe.
The company highlighted some of its accomplishments in various areas during 2014 (all figures in US dollars):
- Community involvement:
- $9.7 billion in total economic contributions in host countries.
- $6.6 billion in purchase of local and national goods and services.
- $1.1 billion in taxes and royalties.
- $1.0 billion in wages and benefits.
- $54 million in community development.
- In 2014 more than 95% of Barrick employees were nationals of the countries in which the companies operates.
- Human rights:
- The company’s supplier code of ethics was enhanced.
- Almost 8,000 employees received human rights training.
- Human rights assessments were undertaken by an independent third party at four sites.
- A partnership with UNICEF assessed children’s rights indicators.
- 2014 was the safest year to date as total reportable injuries continued to trend downward for the 10th year.
- The company provided more than 575,000 hours of safety training not only to employees but also to contractors.
- Nearly 20% of Barrick’s electrical power requirements came from renewable energy sources last year.
- Water was recycled at every opportunity, and about 25% of the water the company did use came from non-potable sources.
Barrick’s continuing commitment to sustainable mining was again recognized. The company was listed on the 2014 Dow Jones Sustainability World Index for the seventh consecutive year, and was the top rated mining company. The company’s sustainability performance as reported by the NASDAQ Global Sustainability Index for the fifth year.
The full report and a material issues summary report are available on Barrick’s website at Barrick.com/Responsibility.