Barrick Gold Corp is a Canadian mining company that operates in the gold sector. Founded in 1983, Barrick Gold has grown to become one of the largest gold mining companies in the world, with operations in North and South America, Africa, and Australia. The company's mission is to create value through responsible mining, and it is committed to reducing its environmental impact while also creating economic benefits for the communities in which it operates.

Decarbonisation is a key focus for Barrick Gold, as the company recognizes the urgent need to reduce greenhouse gas emissions and mitigate the effects of climate change. In 2019, the company set a target to reduce its greenhouse gas emissions by 30% by 2030, compared to 2016 levels. To achieve this goal, Barrick Gold is implementing a range of initiatives, including energy efficiency improvements, the use of renewable energy, and the adoption of low-carbon technologies.

One of the ways in which Barrick Gold is reducing its greenhouse gas emissions is through the use of renewable energy. The company has committed to sourcing 50% of its electricity from renewable sources by 2025, and it is currently exploring a range of renewable energy options, including solar, wind, and hydropower. In 2020, Barrick Gold signed a power purchase agreement (PPA) with a solar energy company in Nevada, which will provide the company with 10% of its electricity needs in the state.

Corporate energy is another area of focus for Barrick Gold, as the company recognizes the importance of managing its energy use and costs. The company has implemented a range of energy efficiency measures at its operations, including the use of energy-efficient lighting, the optimization of equipment and processes, and the implementation of energy management systems. By reducing its energy use, Barrick Gold is not only reducing its greenhouse gas emissions, but also saving money on energy costs.

Corporate PPAs are another important tool that Barrick Gold is using to reduce its environmental impact and manage its energy costs. A corporate PPA is a long-term agreement between a company and a renewable energy provider, in which the company agrees to purchase a set amount of renewable energy at a fixed price over a specified period of time. By entering into a corporate PPA, Barrick Gold is able to secure a reliable and cost-effective source of renewable energy, while also supporting the development of new renewable energy projects.

In addition to its focus on decarbonisation, corporate energy, and corporate PPAs, Barrick Gold is also committed to responsible mining practices. The company has a range of policies and programs in place to ensure that its operations are conducted in a socially and environmentally responsible manner. These include community engagement programs, environmental management systems, and health and safety initiatives.

Overall, Barrick Gold is a leading player in the gold sector, with a strong commitment to reducing its environmental impact and creating value for its stakeholders. Through its focus on decarbonisation, corporate energy, and corporate PPAs, the company is taking proactive steps to address the urgent challenge of climate change, while also driving economic growth and development in the communities in which it operates.