Barrick Reports 60% Safety Incident Reduction and $7.1B Local Sourcing in 2025
B•Barrick’s 2025 Sustainability Report shows a 60% drop in recordable injury frequency since 2020 and a 28% annual decline in lost-time injuries. Local sourcing accounted for $7.1 billion in spending, 96% of employees from host countries, and over $62 million invested in community development.
1. Safety Performance Improvements
Barrick reduced its total recordable injury frequency rate by 60% since 2020 and cut lost-time injuries by 28% year on year, reflecting its commitment to workplace safety and fatality prevention.
2. Local Sourcing and Community Investment
In 2025, Barrick sourced 96% of its workforce from host countries and 76% of its suppliers locally, spending $7.1 billion with local and host country vendors and investing over $62 million in community-led development.
3. Environmental and Biodiversity Initiatives
The company exceeded its water reuse and recycling target of 80%, advanced biodiversity risk assessments across operations, and deepened Scope 3 emissions engagement with suppliers to enhance climate resilience.
4. Sustainability Rating and Future Outlook
Barrick maintained an ‘A’ rating on its industry-first Sustainability Scorecard, underscoring consistent performance across key ESG priorities as it enters a new phase of growth and value delivery.
