---
id: 10845
title: "Barrick Gold: Most Innovative ESG Mining Solutions Global 2022"
award_year: 2022
published: 2022-10-26 13:35:14
published_gmt: 2022-10-26 12:35:14
author: "CFI.co Editorial"
url: "https://cfi.co/awards/industries/mining/2022/barrick-gold-most-innovative-esg-mining-solutions-global-2022/"
categories: ["Best Practice", "CSR", "Corporate Governance", "Industries", "Mining", "North America", "Sustainability"]
content_class: award_rationale
independence_status: independent_editorial
sponsor_disclosure: none
editorial_lens: constructive_positive_lens
historical_status: current_at_publication
correction_status: none
archive_policy: no_delete
provenance_layer: github_versioned
wayback_status: archived
wayback_first_snapshot: 20221208001123
wayback_snapshot_url: "http://web.archive.org/web/20221208001123/https://cfi.co/awards/industries/mining/2022/barrick-gold-most-innovative-esg-mining-solutions-global-2022/"
license: CFI-OAAL-1.0
content_sha256: 84f71bb02589683adb03621871cfda7773e7875eeb4629cae6fa4e2763ff94cd
canonical: 10845-barrick-gold-most-innovative-esg-mining-solutions-global-2022.json
---
# Barrick Gold: Most Innovative ESG Mining Solutions Global 2022
> Verbatim archived copy. Canonical machine record: `10845-barrick-gold-most-innovative-esg-mining-solutions-global-2022.json`.
Barrick Gold understands that ESG criteria must be measured before they can be properly managed. The Canadian company has mining operations in 18 countries across North and South America, Southeast Asia and the MENA region. It recently expanded carbon calculations to include the scope-three emissions produced throughout its value chain. Barrick is working with tech partners to cut emissions. It’s testing a new assay method that has delivered improved samples as well as savings in energy, emissions and time. Barrick department representatives collaborate in site-specific teams to combat climate change, bringing diverse perspectives together to implement actions. Sustainability performance and incentives for senior and operational leaders are interlinked and accounted for 25 percent of long- and short-term incentive schemes in 2021. Barrick implements measurable conservation actions to increase biodiversity across its sites and promotes circular economies to create value from waste. The company invests in the socio-economic development of its host countries and allocates funding as recommended by its Community Development Committees (CDCs). Elected committees unite the local leaders and community members — including women and youth — that best understand the region’s needs. One Barrick representative also comes to the table. In 2021, Barrick invested over $26.5m through its CDCs in five priority areas: education, health, food, water and local economic development. For the third consecutive year, the CFI.co judging panel has found reason to celebrate the sustainability credentials of the company — and announces Barrick Gold as the 2022 global award winner for Most Innovative ESG Mining Solutions.