Carbon Neutral Company

Carbon Neutral Company logo

Wheaton recognizes the importance of taking action on climate change. We are committed to reducing our carbon footprint and maintaining our status as a carbon neutral company. As part of the Carbon Disclosure Project, we measured our total greenhouse gas emissions, reduced them where possible, and offset the difference through Offsetters, Canada’s leading carbon management solutions provider. We have contributed to projects that prevent the equivalent amount of emissions from entering the atmosphere.

In 2021, for the sixth consecutive year, we contributed to the Lara Ceramic Fuel Switching Project, which enables a ceramic plant to switch from using local native firewood to biomass. The project is located in Brazil, where our largest stream, Salobo, is located. By using waste biomass as fuel for the kilns instead of harvested wood from nearby forests, the project has reduced annual operating emissions by approximately 10,000 tCO2e, relative to the baseline. Beyond the direct climate benefits, the project contributes directly to the local community through increased job opportunities and helps to conserve the local forest. We are proud to contribute to a portion of this project alongside other organizations that make the project possible.

The table below summarizes our combined Scope 2 location-based and Scope 3 emissions data for both the Vancouver and Cayman Islands office. As an office-based company, Wheaton does not have Scope 1 emission activities or sources within the company’s operational control to report. We do not report a Scope 2 market-based figure as Wheaton has no operations where we are able to access electricity supplier emissions factors or residual emissions factors. Our Scope 3 emissions includes activity data from flight, car and bus travel records for Wheaton’s employees that indicate city pairs and flight segments for business travel, as well as purchased goods and services including office paper supplies.

Emissions Data

(metric tonnes CO2e)
Jan 1, 2020 - Dec 31, 2020 21.55104.49
Jan 1, 2019 - Dec 31, 2019 26.80 284.96
Jan 1, 2018 - Dec 31, 2018 25.93 277.40
Jan 1, 2017 - Dec 31, 2017 26.05 236.67
Jan 1, 2016 - Dec 31, 2016 27.1 376.72
Jan 1, 2015 - Dec 31, 2015 35.3 275.84
Jan 1, 2014 - Dec 31, 2014 38.6 291.01
Jan 1, 2013 - Dec 31, 2013 35.4 317.71

Please visit the Carbon Disclosure Project website for more information and to view Wheaton’s full response.