Wheaton Precious Metals has released its 2024 Sustainability and Climate Change Reports, showcasing substantial advancements in environmental, social, and governance (ESG) integration and climate risk management. The reports highlight the company's commitment to responsible mining practices and stakeholder impact.
The company received top-tier ESG ratings from multiple independent assessors, including Sustainalytics, MSCI, and ISS. This recognition underscores Wheaton's dedication to sustainable business practices and transparent corporate governance. Furthermore, the company was named to Corporate Knights' 2025 Global 100 and Canada's Best 50 list, further validating its strategic approach to sustainability.
In 2024, Wheaton implemented rigorous ESG screening for all new streaming deals, ensuring that potential partnerships align with the company's sustainability standards. Notably, 99% of the company's production originated from mines compliant with the Global Industry Standard on Tailings Management, demonstrating a proactive approach to environmental responsibility.
The company's social impact is equally significant, with over $8.5 million contributed to global causes. Of this total, $6 million was directly allocated to partner site communities, indicating a commitment to supporting local economies and social development where the company operates.
Wheaton's Climate Change Report provides a comprehensive overview of its emissions management strategy. Impressively, 86% of the company's financed emissions now have science-aligned targets. The report is also aligned with the International Sustainability Standards Board's (ISSB) new S2 standard, reflecting the company's commitment to transparent and standardized climate reporting.
These achievements represent more than just corporate metrics; they signal a transformative approach to mining that prioritizes environmental stewardship, social responsibility, and ethical governance. By integrating sustainability into its core business model, Wheaton Precious Metals is setting a benchmark for responsible resource extraction in the global mining industry.
