Wheaton Precious Metals Advances ESG and Climate Change Initiatives in 2024 Reports
TL;DR
Wheaton Precious Metals achieves top ESG ratings and lists on global and Canada's best 50, signaling strong sustainable performance.
Wheaton Precious Metals' 2024 Sustainability and Climate Change Reports detail ESG integration, climate risk management, and stakeholder impact.
Wheaton Precious Metals contributes over $8.5 million to global causes, with $6 million directed to partner site communities, fostering positive social impact.
86% of financed emissions from Wheaton Precious Metals have science-aligned targets, demonstrating commitment to sustainability and innovation.
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Wheaton Precious Metals has taken significant strides in environmental, social, and governance (ESG) integration and climate risk management, as detailed in its 2024 Sustainability and Climate Change Reports. The company's efforts have not only earned it top-tier ESG ratings from leading evaluation organizations such as Sustainalytics, MSCI, and ISS but also recognition on Corporate Knights' 2025 Global 100 and Canada's Best 50 list.
In a move to ensure sustainable mining practices, Wheaton implemented rigorous ESG screening for all new streaming deals in 2024, achieving 100% compliance with stringent sustainability criteria. Moreover, 99% of the company's production came from mines that adhere to the Global Industry Standard on Tailings Management, showcasing its commitment to responsible resource extraction.
The company's dedication to social development is evident through its contribution of over $8.5 million to global causes, with $6 million directly benefiting partner site communities. This financial support underscores Wheaton's role in fostering local economies and social well-being.
The Climate Change Report sheds light on Wheaton's environmental strategy, revealing that 86% of financed emissions now have science-aligned targets. The report's alignment with the International Sustainability Standards Board's (ISSB) new S2 standard further demonstrates the company's commitment to transparency and comprehensive sustainability reporting.
These reports go beyond mere compliance, illustrating Wheaton Precious Metals' proactive approach to embedding sustainability into its core business model. By prioritizing ESG principles, Wheaton is not only leading by example in the precious metals industry but also setting a high standard for environmental stewardship and responsible mining practices.
Curated from InvestorBrandNetwork (IBN)
