Wheaton Precious Metals

Wheaton Precious Metals's reported carbon emissions

## Wheaton Precious Metals: Climate Commitments and Emissions Overview Wheaton Precious Metals, headquartered in Canada, is committed to achieving net-zero carbon emissions by 2050, with a strategic focus on aligning its targets with a 1.5°C trajectory across both Scope 1, 2, and 3 emissions. In terms of emissions reporting, the company has provided data for Scope 2 and Scope 3 categories. For 2024, Scope 2 emissions were approximately 93,100 kg CO2e, while Scope 3 emissions from business travel amounted to about 925,780 kg CO2e and from employee commute, approximately 17,000 kg CO2e. Looking at previous years: * In 2023, Scope 2 emissions were approximately 97,600 kg CO2e, with Scope 3 emissions from business travel at about 958,670 kg CO2e and employee commute at approximately 16,200 kg CO2e. * For 2022, Scope 2 emissions stood at approximately 84,900 kg CO2e. Scope 3 emissions included about 672,040 kg CO2e from business travel and 16,100 kg CO2e from employee commute. * In 2021, Scope 2 emissions were approximately 35,100 kg CO2e. Scope 3 emissions comprised about 69,290 kg CO2e from business travel and 11,050 kg CO2e from employee commute. * For 2020, Scope 2 emissions totalled approximately 33,820 kg CO2e, with Scope 3 emissions at 190,920 kg CO2e for business travel and 13,440 kg CO2e for employee commute. * In 2019, Scope 2 emissions were approximately 39,080 kg CO2e, and Scope 3 emissions from business travel were about 524,020 kg CO2e. * For 2018, Scope 2 emissions were approximately 81,600 kg CO2e. * In 2017, Scope 2 emissions were approximately 26,050 kg CO2e, with Scope 3 emissions from business travel at about 233,780 kg CO2e. **Reduction Targets and Initiatives:** Wheaton Precious Metals has established several key reduction targets: * **Net Zero by 2050:** The company has a formal commitment to achieve net-zero carbon emissions by 2050, encompassing both Scope 2 and Scope 3 attributable emissions. * **Science-Based Targets:** Through the Science Based Targets initiative (SBTi), Wheaton Precious Metals has committed to reducing absolute Scope 1 and Scope 2 greenhouse gas emissions by 50% by 2030 from a 2018 base year. This commitment is recognised as being consistent with reductions needed to keep warming to 1.5°C. The company also commits to measuring and reducing its Scope 3 emissions. * **Specific Reduction Goals:** * A target to reduce absolute Scope 1 and 2 GHG emissions by 32% by 2030 from a 2018 base year. * Another target to reduce absolute Scope 1 and 2 emissions by 33% by 2030, from a 2017 baseline. * A goal to reduce Scope 2 emissions by 50% by 2030 from a 2018 baseline. * A target to reduce absolute Scope 1 and 2 GHG emissions by 27% by 2025 from a 2010 base year. * A further commitment to reduce Scope 1 and Scope 2 emissions by 50% by 2030 from a 2018 baseline, which has been consistently reported across several documents. It is important to note that Scope 1 emissions data is not currently available. The company's climate commitments and reporting are conducted directly and not cascaded from a parent organisation.