Environment & Sustainability

Wheaton Precious Metals is committed to the protection of life, health, and the environment for present and future generations. While building shareholder value is a priority, we believe this can be achieved without neglecting our commitment to sustainable development. As a precious metals streaming company, our operations take place in an office setting with less than 40 total employees worldwide. Wheaton Precious Metals does not own or operate any mines but we do purchase all or a portion of the silver and/or gold production from third-party operators. Our goal is minimize our direct and indirect impacts on the environment.

Our Environment and Sustainability Policy confirms our commitment to sustainable development.

Our head office is located in the MNP Tower in Vancouver, BC, a Leadership in Energy and Environmental Design® (LEED) Gold certified building. The LEED rating system is recognized as the international mark of excellence for green building in over 160 countries. As a LEED Gold certified building, specific measures are taken to reduce waste, conserve energy, and decrease water consumption. In BC, 90% of the energy is supplied from renewable, clean energy sources mainly from hydroelectric generation. The Grand Cayman office is also located in an environmentally friendly building that was built according to LEED certification standards. The building features solar panels, a rainwater collection system for recycling water, thermal insulation, and reduced electricity consumption.

Operating out of sustainably designed buildings is a strategic decision intended to minimize our impact on the environment. Both offices deploy a four-way waste diversion program ensuring all organics, paper, containers, and electronics are recycled and do not end up in landfills. As part of the 2018 waste audit at the MNP Tower, it was determined that Wheaton effectively diverted 96% of the total waste through recycling programs, an improvement of 9% relative to 2017 (87%).