Barrick Mining Corporation · TSX:ABX
Barrick Mining — ESG Presentation (July 2023)
39 slides from Barrick Mining's sustainability presentation, July 2023
Slide 1: Annual Sustainability Update: Sustainable Delivery
Annual Sustainability Update July 2023 Sustainable Delivery
Slide 2: Cautionary Statement on Forward-Looking Information
Cautionary Statement on Forward-Looking Information Certain information contained or incorporated by reference in this factors could cause actual results to differ materially from those effects and potential effects of the global Covid-19 pandemic; and our presentation, including any information as
Slide 3: Agenda and Team
Agenda Team Introduction Team 2022 Report Focus and Web Navigation RGMPs+ Sustainability Scorecard Mark Bristow Grant Beringer Health and Safety President and CEO Group Sustainability Executive Community and People Human Rights GISTM and Tailings Management Environment 2023 Priorities Duncan Pettit
Slide 4: Our Business
Our Business Tier One1 gold mines Other gold mines Copper mines Pipeline projects 4 Annual Sustainability Update 2023 Sustainable Delivery
Slide 5: Holistic and Integrated Management
Holistic and Integrated Management The Bridge to Achieving the UN SDGs Sustainability Vision is underpinned by the knowledge that sustainability aspects are interconnected. This approach is based on science and links to the UN Sustainable Development Goals (SDGs), and seeks to deliver outcomes that
Slide 6: Reporting and Resources
Reporting and Resources Sustainability Website Sustainability Report 2022 Management Approaches Policies and Procedures Key Metrics and Targets Document Library Performance Data Assurance Statements Tailings Inventory ESTMA Reports AIF and Annual Report Human Rights Report Tax Contribution Report Co
Slide 7: Our Sustainability Scorecard
Our Sustainability Scorecard Barrick maintained a B grade in 2022. However, some notable improvements in indicators include: Improvement in the TRIFR; and ‟ We believe in transparently measuring and reporting our performance to the market and to our stakeholders. To help facilitate disclosure of our
Slide 8: Our Sustainability Scorecard – Abridged
Our Sustainability Scorecard – Abridged 8 Annual Sustainability Update 2023 Sustainable Delivery
Slide 9: Health and Safety
Health and Safety 9 Annual Sustainability Update 2023 Sustainable Delivery
Slide 10: 2023 Journey to Zero Roadmap
2023 Journey to Zero Roadmap Safety Interactions Near Miss Program Honest Reflection Supervisor Training Performance Connection 6 Safety Module Review Audit Live Saving World Engagement Rules Benchmark Fatal Risks Ownership Standards and One Team One Mission Critical controls Planned Task CONTINUOUS
Slide 11: Community and People
Community and People In every country and community in which Wherever possible we employ local we operate we take time and invest in real people and buy from local suppliers. This partnerships grounded in openness, trust, helps inject often much needed cash into mutual respect and responsibility. Th
Slide 12: Our Contribution to Society in 2022
Our Contribution to Society in 2022 78% $1.82bn 96% senior site management are host country nationals $6.14bn payments to employees employees are host country nationals host country purchases $15.26bn total economic value distributed $36.2m $10.73bn community development investment economic value di
Slide 13: Country Focus: Tanzania
COUNTRY FOCUS 2,453 229,000t (95% nationals) CO2e TANZANIA total workforce North Mara and Bulyanhulu 546,000oz 75% 45% 2022 gold production water reused new hires from Barrick acquired the remaining and recycled local communities shareholding in Acacia Mining in September 2019, taking over the Tanza
Slide 14: Engaging and Listening to Stakeholders
Engaging and Listening to Stakeholders GRIEVANCES BY TYPE 2022 GRIEVANCES BY SITE 2022 ‟ We believe that the most effective community engagement is managed and delivered at the local level and seeks engagement and participation of the local community. 14 Annual Sustainability Update 2023 Sustainable
Slide 15: Respecting Human Rights
Respecting Human Rights ‟ Respect for human rights is a foundational value at Barrick and an OUR HUMAN RIGHTS COMPLIANCE PROGRAM ” integral part of our sustainability strategy. 15 Annual Sustainability Update 2023 Sustainable Delivery
Slide 16: Tanzania
TANZANIA 16 Annual Sustainability Update 2023 Sustainable Delivery
Slide 17: Court Proceedings
Court Proceedings 14 Claimants launched legal proceedings against North Mara Gold Mine and Barrick Tanzania Limited (formerly Acacia) citing excessive use of force by the Tanzanian Police Force Proceedings brought forward in 2019 in UK for alleged incidents that occurred prior to September 2019 UK l
Slide 18: LBMA Incident Review Process and RAID
LBMA Incident Review Process and RAID Incident Review Process (IRP) triggered following Hosted RAID at North Mara in January 2023, including RAID complaints to LBMA in 2019 CEO MMTC-PAMP (Refiner) appointed independent Anneke van Woudenberg consultants, Synergy, to complete assessment based Demonstr
Slide 19: Barrick's Approach to Security and Human Rights
Barrick's Approach to Security and Human Rights Revised the Human Rights policy Community Engagement including quarterly Village Chairpersons Forum with Barrick CEO and ExCo New Group Standard on Voluntary Principles on Security and Human Rights (VPSHR). Independent Assessments: Changed the Private
Slide 20: Papua New Guinea
PAPUA NEW GUINEA 20 Annual Sustainability Update 2023 Sustainable Delivery
Slide 21: Porgera Next Steps
Porgera Next Steps Care and Maintenance since 2020 Mine restart will include a new management and operational team Post restart initiatives: Review and update Grievance Mechanism (IFC and UNGP) Support individuals’ access to Grievance Mechanism Review and close legacy grievances (265) Investigate hu
Slide 22: Porgera Riverine Disposal Reduction
Porgera Riverine Disposal Reduction Already implemented: PRELIMINARY TAILINGS DISPOSAL Extensive monitoring. Independent oversight ERADICATION ROADMAP and review by Australia Commonwealth Scientific and Industrial Research Organization (CSIRO), and results disclosed publicly through the Porgera Annu
Slide 23: Porgera Environmental Monitoring Results
Porgera Environmental Monitoring Results Comprehensive program aimed at 2021 study results report that the River is resilient: quantifying compliance, risk and Water and sediment quality at exposed sites along the Lagaip and impacts. Strickland Rivers have recovered returning to baseline/reference S
Slide 24: Diversity and Inclusion
Diversity and Inclusion % of host country Total host country Region Sub-Region nationals nationals BOARD DIVERSITY AME Africa 95% 9,310 Middle East 82% 230 NATIONALITIES 11 diverse nationalities represented across 5 continents LATAM AP Latin America 97% 4,357 North America Canadian, American Asia Pa
Slide 25: Responsible Environmental Stewards
Responsible Environmental Stewards ‟ Our approach to environmental management also At Barrick, we know the environment in which we work and our considers the impacts on the community and we: host communities are inextricably linked, and we apply a holistic ” and integrated approach to sustainability
Slide 26: Responsible Tailings Management and Dam Safety
Responsible Tailings Management and Dam Safety Global Industry Standard on Tailings Management (GISTM) August 2020, GISTM launched after Brumadinho tragedy TSFs BY STATUS Disclosure required for Extreme and Very High consequences classification facilities by August 2025 Self-assessment of conformanc
Slide 27: Our Emissions Performance
Our Emissions Performance EMISSIONS BY TYPE EMISSIONS BY COUNTRY 27 Annual Sustainability Update 2023 Sustainable Delivery
Slide 28: Climate Strategy: Roadmap to Net-Zero by 2050
Climate Strategy Roadmap to Net-Zero by 2050 28 Annual Sustainability Update 2023 Sustainable Delivery
Slide 29: Greenhouse Gas Emissions
Greenhouse Gas Emissions Scope 3 Disclosure SCOPE 3 EMISSIONS (t CO2e) OUR SCOPE 3 JOURNEY Emission Hotspots Engagement Emission Targets Reduction Targets 29 Annual Sustainability Update 2023 Sustainable Delivery
Slide 30: Water Management
Water Management Our Water Circuit 83% water reused and recycled This equates to more than 460 000 megaliters of water reused or recycled by our mines in 2022. 30 Annual Sustainability Update 2023 Sustainable Delivery
Slide 31: Water Management
Water Management Our Water Sources and Exposures to Water Stress 31 Annual Sustainability Update 2023 Sustainable Delivery
Slide 32: Country Focus: Argentina
COUNTRY FOCUS 1,049 301,000t (98% nationals) CO2e ARGENTINA total workforce Veladero Gold Mine 389,000oz 97% Quarterly 2022 gold production water reused participatory water We have one operation in Argentina, and recycled monitoring tests Veladero, which is a joint venture between Barrick and Shando
Slide 33: Veladero
Veladero Unfounded Controversy 8 Years since the 2015 incident, the only out-of- Participatory monitoring by Jachal Department and UNCu containment incident since operations began in 2005. laboratory >110 km downstream of mine, and focused on Jachal water sources. Independent reports, including publ
Slide 34: Our Positive Contribution to Nature: The Journey
Biodiversity Our Positive Contribution to Nature: The Journey 2013 2020 2025 2030 2050 Projects to restore Begin to have a Report on progress Alpine Wetland Systems Developed and metric for nature of projects to of Vegas in Argentina. implemented Fina Park independently. demonstrate no Net Biodivers
Slide 35: Garamba National Park, DRC
Garamba National Park, DRC Rhino Reintroduction 2013 2020 2025 2030 2050 35 Annual Sustainability Update 2023 Sustainable Delivery
Slide 36: 2023 Plans and Priorities
2023 Plans and Priorities Sustainability Materiality Assessment TOP 12 MATERIALITY TOPICS Working with our suppliers to set targets to reduce our Scope 3 emissions Fulfilling our commitments to the Global Industry Standard on Tailings Management Continuing the dialogue with the ESG raters, specifica
Slide 37: Join the Question Queue
JOIN THE QUESTION QUEUE FROM YOUR WEBEX APPLICATION DESKTOP MOBILE ? Q&A PORTAL (DESKTOP) Click the ‘Raise Hand’ icon Tap the three dots at the Click the ? icon in the at the bottom of your WebEx bottom of your WebEx bottom right of your screen screen WebEx screen Wait for the Click the ‘Raise Hand’
Slide 38: Barrick Gold Corporation
BARRICK GOLD CORPORATION CORPORATE OFFICE 161 Bay Street, Suite 3700 Toronto, Ontario M5J 2S1 Canada +1 416 861 9911 1 800 720 7415 (North America toll free) www.barrick.com
Slide 39: Endnotes
Endnotes… 1. Al data is on a 100% basis. 2. All amounts are expressed in US$ unless otherwsie stated. Slide 4 1. A Tier One Gold Mine is an asset with a reserve potential to deliver a minimum 10-year life, annual production of at least 500,000 ounces of gold and total cash costs per ounce over the m