Ditchcarbon
  • Contact
  1. Organizations
  2. Wheaton Precious Metals
Public Profile
Research Pending

This profile hasn't yet passed our validation checks

Submit your email to push it up the queue

We'll prioritize this organization's research and notify you when detailed sustainability data becomes available.

Salt and Mineral Mining
CA
updated 3 days ago

Wheaton Precious Metals

Company website

Wheaton Precious Metals Corp., commonly referred to as Wheaton, is a leading precious metals streaming company headquartered in Vancouver, Canada. Founded in 2007, Wheaton has established itself as a key player in the mining industry, focusing on the acquisition of precious metal streams from mining operations worldwide, particularly in regions such as North America and South America. Wheaton's unique business model allows it to provide upfront capital to mining companies in exchange for a percentage of their future production, primarily in gold and silver. This innovative approach not only mitigates risk but also positions Wheaton as a low-cost producer in the precious metals market. With a strong portfolio of high-quality assets and a commitment to sustainable practices, Wheaton Precious Metals continues to achieve significant milestones, solidifying its reputation as a trusted partner in the mining sector.

DitchCarbon Score

How does Wheaton Precious Metals's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

38

Industry Average

Mean score of companies in the Salt and Mineral Mining industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

23

Industry Benchmark

Wheaton Precious Metals's score of 38 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.

65%

Let us know if this data was useful to you

Wheaton Precious Metals's reported carbon emissions

In 2023, Wheaton Precious Metals, headquartered in Canada, reported total carbon emissions of approximately 1,032,920 kg CO2e. This figure includes 38,590 kg CO2e from Scope 2 emissions and significant contributions from Scope 3 emissions, specifically 958,370 kg CO2e from business travel and 974,560 kg CO2e from employee commuting. Notably, Wheaton's Scope 1 emissions were recorded at zero. Wheaton Precious Metals has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 50% by 2030, using a 2018 baseline. Additionally, the company has pledged to measure and reduce its Scope 3 emissions, which encompass indirect emissions from its value chain. This commitment aligns with the Science Based Targets initiative (SBTi) and is designed to support global efforts to limit temperature rise to 1.5°C. The company also aims for a 27% reduction in absolute Scope 1 and 2 emissions by 2025 from a 2010 baseline, and a 32% reduction by 2030 from an 2018 baseline. These targets reflect Wheaton's proactive approach to addressing climate change and its commitment to sustainability within the mining sector.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201820192020202120222023
Scope 1
-
-
-
-
-
-
Scope 2
38,520
00,000
00,000
00,000
00,000
00,000
Scope 3
514,780
0,000,000
000,000,000
000,000,000
000,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Wheaton Precious Metals's primary industry is Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c., which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Wheaton Precious Metals is in CA, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Wheaton Precious Metals is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Similar Organizations

Rio Tinto

GB
•
Basic iron and steel and of ferro-alloys and first products thereof
Updated 3 days ago

Lighter Capital, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 2 months ago

Royal Gold

US
•
Precious metals
Updated about 9 hours ago

Kinross Gold

CA
•
Precious metal ores and concentrates
Updated 1 day ago

Franco Nevada

CA
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated about 5 hours ago

Teck Cominco

CA
•
Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c.
Updated 1 day ago

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

Ditchcarbon
v251005.1
[email protected]+44 203 475 7875Ditch Carbon Ltd167-169 Great Portland StreetLondon W1W 5PF
UL Solutions verification badge
CDP logo
Gartner Cool Vendor 2025 badge
ProductPortalScope 3 Tool FunctionalityDataIntegrationsPricing
CustomersHaleonGrant ThorntonHikmaRead all stories
SolutionsProcurement teamsSustainability teamsPlatform ownersCarbon accountants
ResourcesCalculation MethodologyDocumentationBlogFAQOrganizationsIndustriesSBTI APITrust CentreChangelog
AboutTeamCareersLicense AgreementPrivacy