Wheaton Precious Metals
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.
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.
Industry Benchmark
Wheaton Precious Metals's score of 35 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Wheaton Precious Metals's reported carbon emissions
In 2024, Wheaton Precious Metals reported approximately 93,100 kg CO2e in Scope 2 emissions and about 942,800 kg CO2e in Scope 3 emissions, specifically from employee commuting. The company has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions by 50% by 2030, using 2018 as the baseline year. This target aligns with the Science Based Targets initiative (SBTi) and is designed to support global efforts to limit temperature rise to 1.5°C. In previous years, Wheaton's emissions have included significant Scope 3 contributions, such as approximately 254,967,000 kg CO2e from investments in 2023 and 248,116,000 kg CO2e in 2022. The company has not disclosed Scope 1 emissions data, indicating a focus on Scope 2 and 3 emissions in its reporting. Wheaton Precious Metals is committed to measuring and reducing its Scope 3 emissions, reflecting a comprehensive approach to climate action within the mining sector. The company's initiatives demonstrate a proactive stance towards sustainability and carbon footprint reduction, essential for meeting both regulatory and stakeholder expectations in an increasingly environmentally conscious market.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - | - | - |
| Scope 2 | 26,050 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | - | 00,000 |
| Scope 3 | 236,670 | 000,000 | 000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000 |
Industry emissions intensity
Location emissions intensity
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.
