Barrick Named to Dow Jones Sustainability World Index

Barrick Named to Dow Jones Sustainability World Index

ID: 64087

African Barrick Gold launches $10 million community development fund Barrick profiles CSR initiatives in latest edition of Beyond Borders


(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 09/09/11 -- Barrick Gold Corporation has been ranked as a global leader in corporate social responsibility for the fourth consecutive year by the Dow Jones Sustainability World Index (DSJI). This also marks the fifth year that Barrick has been included on the North American listing of the DJSI.

"We have made corporate social responsibility a tangible business priority, and I'm pleased and honoured that our efforts continue to be recognized by this influential index," said Aaron Regent, President and Chief Executive Officer. "Although Barrick has been ranked as a leader today, we know we must continually improve our performance. We have a responsibility to respect all people, protect the environment and contribute to the progress and prosperity of our host communities around the world."

The DJSI World Index independently evaluates 2,500 companies using rigorous criteria in the areas of corporate, economic, environmental, and social performance to identify the top 10 per cent of performers. The announcement of the annual DJSI rankings comes as Barrick undertakes new initiatives to further strengthen its CSR performance, which are profiled in the latest edition of the company's magazine Beyond Borders.

These initiatives include the completion of phase one of a $70 million wind farm in Chile, enhancements to Barrick's global human rights compliance program and the launch by , the largest corporate community development fund in Tanzania. The Maendeleo Fund, which will have an annual budget of $10 million, represents an increase in ongoing community investments and will support development, health, education, environment, water projects and skills and training programs.

Read the new edition of Beyond Borders at . You can also follow and . For more information on the DJSI indexes, visit .

About Barrick

Barrick Gold Corporation is a Toronto-based gold mining company and industry leader, with a portfolio of 26 operating mines, and projects on five continents. Barrick trades on the Toronto and New York Stock Exchanges and employs 25,000 people worldwide. In 2010, Barrick's global economic contribution to the local, regional and national economies of its host countries totaled approximately $9.7 billion. In addition to company listings on the DJSI World and North America indexes, Barrick is featured on the NASDAQ Global Sustainability Index of the top 100 companies.







Contacts:
Barrick Gold Corporation
Andy Lloyd
Senior Manager, Communications
Office: +1 416 307 7414

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Bereitgestellt von Benutzer: MARKET WIRE
Datum: 09.09.2011 - 16:30 Uhr
Sprache: Deutsch
News-ID 64087
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