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At Wheaton, we operate with a clear purpose to create sustainable value for all of our stakeholders through responsible business practices. We are committed to supporting positive outcomes for our people, partnerships, communities and environment.

Our Approach to Sustainability

We pride ourselves on upholding the highest standards of sustainable practices and working with Mining Partners who share Wheaton’s principles and values for environmental stewardship and social responsibility. We believe that mining plays a vital role in providing the commodities needed for the energy transition while contributing to the achievement of the UN's Sustainable Development Goals.

Although we are not involved in nor control decisions of our Mining Partners, we have a unique opportunity to influence and encourage our partners to operate in a responsible manner. ESG is an important factor in our due diligence process for new streaming opportunities, and once a stream is in place, we collaborate with our Mining Partners to improve outcomes for local communities and the environment.

Our approach and commitments are summarized through our comprehensive ESG policies and strategy, which align with the material topics that Wheaton either has an impact on or the activities Wheaton is involved in that have an impact on the environment and society.

Our sustainability topics

Wheaton employs a “double materiality” approach to identify those issues that have an impact on the company, as well as the activities Wheaton is involved in that have an impact on the environment and society.

Sustainability
at a glance

>$45M

contributed to local charities and mining communities since 2009

$6.9M

contributed to community investment programs in 2023

40%

of board members and 44% of employees are women

100%

of new streaming agreements in 2022 screened for ESG issues and risks

87%

of 2022 Scope 3 financed emissions covered by emissions reduction targets aligned with 2°C warming or less

97%

of production from Mining Operations committed to implementing the Global Industry Standard on Tailings Management

Ratings & recognition

Wheaton’s approach to sustainability has been recognized by several leading ESG ratings and awards firms including:

MSCI ESG AA - logo
ISS Corporate ESG Performance, Prime - Logo
Global 100 2024 - Logo
Global 50 2024 - Logo
Winner ESG Investing - Logo

Notes: 1. Statements made in this section contain forward-looking information and readers are cautioned that actual outcomes may vary. Please see “Cautionary Note Regarding Forward-Looking Statements” for material risks, assumptions and important disclosure associated with this information.

2. On June 20, 2024, the Canadian Government passed amendments to the Competition Act with immediate effect requiring companies to substantiate environmental claims. The Competition Bureau of Canada is currently developing guidance to facilitate compliance with these new provisions. Readers are cautioned that this report/section reflects the legal requirements and disclosure obligations applicable to Wheaton that were in effect for the year ended December 21, 2023, and as a result, the information contained in this website/webpage may or may not be aligned with legal requirements or government guidance adopted after such date. Wheaton is committed to reporting accurate and transparent information and may update this report/section based on additional legal requirements or government guidance at any time.