"Our 2023 Sustainability Report outlines Wheaton's commitment to embed ESG considerations in our decision-making processes and business operations, by upholding industry-leading best practices and focusing on investing in communities to drive positive outcomes," said
The Report is a comprehensive review of Wheaton's performance in environmental, social and governance ("ESG") topics. The report includes progress updates on Wheaton's ESG strategy, targets and commitments as well as a description of oversight of ESG topics at Wheaton.
2023 performance highlights include:
Recognition:
- 'ESG Industry Top-Rated' in precious metals and 'ESG Global 50 Top Rated' out of over 15,000 multi-sector companies by Sustainalytics, 'AA' rated by MSCI and 'Prime' rated by ISS.
- Recognized among
Corporate Knights' 2024 100 most sustainable corporations in the world. - Recognized as Best Company for ESG & Sustainability (Metals & Mining) and runner-up for Best Company for Climate Reporting (Large Cap) by ESG Investing's Corporate ESG Awards.
Environment:
- 87% of 2022 Scope 3 financed emissions covered by emissions reductions targets aligned to 2°C or less, an increase of 19% from the previous year.
Diversity, Equity and Inclusion:
- 44% of employees are women with increased representation at the management level achieved in 2023.
- 50% of board members represent a diverse background (including women and visible minorities combined).
Community Investment Program:
- Over
US$6.9 million contributed to over 100 charitable causes and initiatives globally in 2023. - Over
US$45 million in contributions since inception of the program in 2009.
Investment Decisions and Due Diligence:
- The evolution of the role of Senior Vice President of Sustainability and Investor Relations to that of Chief Sustainability Officer (CSO) with greater oversight over ESG due diligence.
- 100% of new streaming agreements in 2023 screened for ESG issues and risks.
- 80% of Wheaton's operating mining partners are committed to implementing the Global Industry Standard on Tailings Management, representing 97% of attributable 2023 production.
Information and data in Wheaton's 2023 Sustainability Report were informed by the
To learn more about Wheaton's sustainability approach and commitments, please visit the website at: www.wheatonpm.com/Sustainability.
Cautionary Note Regarding Forward Looking-Statements
This press release contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation concerning the business, operations and financial performance of Wheaton. Forward-looking statements, which are all statements other than statements of historical fact, include, but are not limited to, statements with respect to ESG commitments by Wheaton and at mineral stream interests currently owned by Wheaton (the "Mining Operations"). Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Wheaton to be materially different from those expressed or implied by such forward-looking statements including (without limitation) risks related to climate change, environmental, social and governance matters, the ability to achieve ESG commitments and goals at both Wheaton and the Mining Operations and other risks discussed in the section entitled "Description of the Business – Risk Factors" in Wheaton's Annual Information Form available on SEDAR+ at www.sedarplus.ca and Wheaton's Form 40-F for the year ended
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