Barrick Maintains Its Spot in DJSI’s World Index for 14th Consecutive Year
November 18 2021 - 8:57AM
Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) has been listed in
the Dow Jones Sustainability Index’s (DJSI) World Index for the
14th consecutive year, ranking in the 95th percentile for mining
and metals.
The DJSI World Index represents the top 10%
leaders in environmental, social and governance (ESG) performance
through the Corporate Sustainability Assessment (CSA) of the
largest 2,500 companies in the S&P Global Broad Market Index.
The DJSI is the longest-running global sustainability benchmark
worldwide and has become a key reference point for sustainability
investment.
This year, Barrick demonstrated industry leading
performance by scoring full marks (100th percentile) in the
categories of environmental reporting, social reporting,
materiality and water risk management. It also ranked within the
top 5% for environmental policy and management systems,
biodiversity, mineral waste management, closure and social impact
on communities, while substantially improving its scores in
occupational health and safety, human capital development and
climate strategy.
President and chief executive Mark Bristow says
the company’s continued inclusion in the DJSI is a tribute to
Barrick’s strong commitment to sustainability and the integration
of ESG throughout the business.
“It is encouraging to note the increase in our
climate strategy ranking, off the back of our updated climate
strategy and greenhouse gas emissions reduction roadmap, while
leading scores in the categories of community development and
biodiversity underscore our belief that our ability to operate
successfully is dependent on delivering long-term value for all our
stakeholders and proactively managing our impacts on the wider
environment,” he said.
“Barrick’s philosophy of sharing the benefits
its operations create is applied at a local level through the
establishment of fully functional Community Development Committees
at each of our sites. In these forums, community leaders and
management engage productively to identify appropriate upliftment
projects for investment, and then oversee their development. This
is partnership in action, at ground level, and it is doing much to
strengthen our relationships with our host communities and
countries.”
Bristow said that despite Barrick’s sustained
and improved performance in most of the DJSI categories, there was
more work to be done. The company would not rest on its laurels and
it remained a key focus for the group to further enhance its ESG
credentials.
Enquiries:Investor and Media
RelationsKathy du Plessis+44 20 7557 7738Email:
barrick@dpapr.com
Website: www.barrick.com
Cautionary Statement on Forward-Looking
Information Certain information contained or incorporated
by reference in this press release, including any information as to
our strategy, plans, or future operating performance, constitutes
“forward-looking statements”. All statements, other than statements
of historical fact, are forward-looking statements. The words
“continue”, “encourage”, “belief”, “deliver”, “manage”, “engage”,
“strengthen” “remain”, “focus” and similar expressions identify
forward-looking statements. In particular, this press release
contains forward-looking statements including, without limitation,
with respect to Barrick’s future sustainability performance and
commitment to deliver long-term value to stakeholders while
proactively managing its impacts on the wider environment and the
role of Community Development Committees and partnerships with
Barrick’s host communities and countries. Forward-looking
statements are necessarily based upon a number of assumptions,
including material assumptions considered reasonable by Barrick as
at the date of this press release in light of management’s
experience and perception of current conditions and expected
developments, and are inherently subject to significant business,
economic, and competitive uncertainties and contingencies.
Many of these uncertainties and contingencies
can affect our actual results and could cause actual results to
differ materially from those expressed or implied in any
forward-looking statements made by, or on behalf of, us. Readers
are cautioned not to put undue reliance on forward-looking
statements which are not guarantees of future events, and speak
only as of the date made. Specific reference is made to the most
recent Form 40-F/Annual Information Form on file with the SEC and
Canadian provincial securities regulatory authorities for a more
detailed discussion of some of the factors underlying
forward-looking statements, and the risks that may affect Barrick’s
ability to achieve the expectations set forth in the
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the forward-looking statements made in this press release are
qualified by these cautionary statements. Barrick disclaims any
intention or obligation to update or revise any forward-looking
statements whether as a result of new information, future events or
otherwise, except as required by applicable law.
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