Environment

Wheaton is committed to the protection of life, health and the environment for present and future generations. At Wheaton, we acknowledge that human activity is contributing to climate change and environmental degradation and that global action is required to mitigate these risks. Our Climate Change and Environmental Policy outlines our approach and commitment related to climate change and environmental challenges.

Our Climate Change and Environmental Policy reinforces our long-standing commitment to ESG practices.

 

Commitment to Net-Zero

In February 2022, Wheaton announced its commitment to net zero carbon emissions by 2050, which will include the following:

- Commitment to achieve net zero carbon emissions by 20501. This includes the establishment of targets across both Scope 2 and Scope 3 attributable emissions to support a 1.5° C trajectory.
- Engagement with our mining partners to encourage the establishment of emissions targets to support a 1.5° C trajectory at their operations.
- Establishment of a fund to support our mining partners' efforts to move to renewable energy sources and / or reduce emissions at the mines in which we have an interest. Accessible to all mining partners, Wheaton has made a $4 million initial commitment, representing 1% of its average net income of the previous four years.

Details regarding our targets will be published in Wheaton’s 2021 Sustainability Report, to be published in May. For more information, see the press release here.