Published 06-14-12
Submitted by Barrick Gold Corporation
Barrick Gold Corporation has published the company’s 2011 Responsibility Report, “Responsible Mining.” The report provides an in-depth review of the company’s performance in key areas, including community relations, safety and health, environment, community development, human rights and governance.
Additionally, Barrick was recently named one of the Best 50 Corporate Citizens in Canada by Corporate Knights, a media, research and financial products company that promotes responsible business practices. The Corporate Knights annual Best 50 listing measures companies using environmental, social, governance and transparency indicators, drawing on public information such as a company’s responsibility report.
“Every year at Barrick, we take steps to improve our performance to meet ever higher levels of corporate responsibility,” said Peter Sinclair, Vice President, Corporate Social Responsibility. “We recognize that stakeholder expectations of our industry have expanded and require greater engagement and more transparent reporting. Barrick’s Responsibility Report documents how we are managing the impact of mining activities in a responsible way and ensuring we add value to the communities and countries in which we operate.”
The report was prepared according to the Global Reporting Initiative’s (GRI) Sustainable Reporting Guidelines, using GRI-3 at application Level A+. It includes a referenced index for the UN Global Compact and the International Council on Mining and Metals (ICMM) Sustainable Development Principles.
Highlights of the 2011 report include:
Reporting Data Assurance
For the third straight year, Barrick’s Responsibility Report was externally assured by Bureau Veritas using the ICMM’s assurance procedure. The 2011 assurance process included interviews with employees at all levels of the company, five site visits, as well as stakeholder interviews. This process aims to increase transparency and stakeholder confidence in the performance areas measured in the report.
For further information, view Barrick’s Responsibility Report at http://barrickresponsibility.com.
The Corporate Knights Best 50 ranking methodology was developed with financial support from Industry Canada and is recognized by the global initiative Rate the Raters as a leading global practice. For a company to qualify for Best 50 consideration, it must be part of the TSX60, FP500 and/or ROB1000, traded on the Toronto Stock Exchange and/or have Canadian headquarters. For further information, visit http://www.corporateknights.com.
About Barrick
Barrick Gold Corporation is a Toronto-based gold mining company and industry leader, with a portfolio of 26 operating mines, and projects on five continents. Barrick trades on the Toronto and New York Stock Exchanges and employs 26,000 people worldwide.
You can follow Barrick on Twitter and Barrick on Facebook.
Barrick is the gold industry leader. Based in Toronto, the company operates mines and advanced exploration and development projects on four continents. Shares are traded on the Toronto and New York stock exchanges under the symbol ABX.
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