The National – Friday, December 3, 2010
By PATRICK TALU
BARRICK Gold Corp has been ranked among the top 100 companies in the world for its sustainability reporting and performance by the Nasdaq OMX CRD global sustainability index.
The miner operates the world-class Porgera gold mine in Enga.
Barrick is the only Canadian mining company and the world’s largest mining company to make the semi-annual listing of leading companies, according to a statement posted on Barrick’s website.
“We are very pleased to be ranked as a global leader for our sustainability and self-reporting practices by the NASDAQ Global Sustainability Index,” Barrick president and chief executive Aaron Regent said.
“At Barrick, corporate social responsibility is a company-wide priority and we welcome this important recognition, as we continue to strengthen our global performance.”
The Nasdaq global sustainability index is an equity index that serves as a benchmark of companies that are taking a leadership role in sustainability performance reporting and are traded on a major US stock exchange.
The Index is made up of companies that have taken a leadership role in disclosing their carbon footprint, energy usage, water consumption, hazardous and non-hazardous waste, employee safety, workforce diversity, management composition and community investing.
Companies must also voluntarily disclose their current environmental, social and governance risks and how they could affect performance.
“These rankings provide an objective tool for socially responsible investment (SRI) groups and investors to assess the social and environmental performance of companies.
“We are also reaching out directly to this growing segment of the investment community to increase dialogue and promote a greater understanding of our company and our industry,” Regent added.