Barrick Reports 60% Drop in Injury Rates, $7.1B in Local Spending

Event summary

  • Barrick achieved a 60% reduction in total recordable injury frequency rate since 2020 and a 28% year-on-year drop in lost time injuries.
  • 96% of employees and 76% of suppliers were sourced from host countries, with $7.1B spent locally.
  • Invested $62M in community-led development initiatives and published a Human Rights Report in April 2026.
  • Exceeded 80% water reuse and recycling target and advanced Scope 3 emissions supplier engagement.

The big picture

Barrick's 2025 Sustainability Report highlights its commitment to safety and local economic impact, aligning with broader industry trends toward ESG accountability. The company's focus on water stewardship and human rights transparency reflects growing regulatory and investor expectations in the mining sector. With operations spanning 17 countries, Barrick's ability to maintain consistent sustainability performance across diverse jurisdictions will be critical to its long-term value proposition.

What we're watching

Safety Performance
Whether Barrick can sustain its 60% reduction in injury rates amid growth plans.
Local Sourcing
How the $7.1B in local spending impacts community relations and regulatory compliance.
Water Management
The pace at which Barrick advances water reuse and recycling beyond the 80% target.

Related topics

ESG Mining