Wheaton Precious Metals Publishes 2020 Sustainability Report Highlighting Strong ESG Performance

TSX | NYSE | LSE: WPM

 Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to announce the publication of its 2020 Sustainability Report, a comprehensive disclosure outlining Wheaton's sustainability accomplishments and   environmental, social and governance ("ESG") performance. All amounts are in US dollars unless otherwise noted.

"As a leader in precious metals streaming, Wheaton is not only committed to advancing our corporate sustainability goals, but also championing sustainability throughout the entire mining industry and in the communities in which we and our mining partners operate," said Randy Smallwood , President & CEO of Wheaton. "The 2020 Sustainability Report looks back at a year where the COVID-19 pandemic significantly impacted lives and communities globally and reinforced the need for all stakeholders to work together to emerge from challenging situations with resilience. Recognizing this need, we eagerly stepped up and launched a $5 million Community Support and Response Fund, more than doubling the budget for our existing community investment program, with a direct focus on helping address the impacts of the pandemic as well as implemented measures to ensure the health and safety of our employees and communities."

Sustainability highlights and achievements outlined in the report include:

  • Ranked #1 in the Precious Metals Industry Group and ESG Global 50 Top Rated Company by Sustainalytics
  • "AA" rated by MSCI ESG Ratings and rated "Prime" by ISS ESG
  • Established $5 million Community Support and Response Fund for COVID-19 and worked with most of our mining partners to identify programs that address food security, health and socio-economic impacts in the communities near the mines
  • Distributed over $5.8 million in support of over 100 various charities and initiatives
  • Achieved carbon neutral status for the sixth consecutive year
  • Adopted a new goal of 30% women directors by 2024
  • Signatory to the BlackNorth Initiative and initiated support for a grant program for small, black-owned businesses
  • Disclosure aligned with the Sustainability Accounting Standards Board (SASB) and Task Force on Climate-Related Financial Disclosures (TCFD) frameworks and informed by the Global Reporting Initiatives (GRI)

Cision View original content: https://www.prnewswire.com/news-releases/wheaton-precious-metals-publishes-2020-sustainability-report-highlighting-strong-esg-performance-301291301.html

SOURCE Wheaton Precious Metals Corp.

News Provided by PR Newswire via QuoteMedia

The Conversation (0)
Gold bars with US Federal Reserve flag.

Editor's Picks: Gold, Silver Prices Bounce, Expert Outlines Fed "Doom Loop" Scenario

The gold price fell below the US$4,100 per ounce level midway through the week, but recovered quickly to close Friday (October 9) near US$4,200. Silver followed a similar trajectory, sinking as low as US$58.75 per ounce on Thursday (October 8) before bouncing back to finish the period just under... Keep Reading...
Gold nuggets with text: "5 Top Australian Mining Stocks This Week."

Top 5 Australian Mining Stocks This Week: Dalaroo Metals Gains 67 Percent on Drill Results

Welcome to the Investing News Network's weekly round-up of the top-performing mining stocks on the ASX.This week's top five gainers includes companies focused on gold, critical minerals, helium and more.Read on to discover this week's top gaining Australian mining stocks on the ASX and what... Keep Reading...
andrew o'donnell, stock chart

Andrew O'Donnell: Gold, Critical Minerals — How I Find "Asymmetric" Opportunities

Andrew O'Donnell of the Market Mindset explains how he's using artificial intelligence tools to unearth overlooked opportunities in the junior mining space, emphasizing the importance of tracking companies that follow through on their plans. "I've got a long-term horizon, and that I think is the... Keep Reading...
Inside of building at mine site.

The Two Asset Transition: Why Multiple Producing Assets Matter for Investors

Gold investors tend to focus on the gold price, grades and costs when assessing a producer. The number of mines a company operates gets less attention, but it shapes how much risk shareholders carry and how a company can grow.Global investment manager VanEck said that when you buy a gold... Keep Reading...
Lahontan Gold founder and CEO Kimberly Ann.

Lahontan Gold Targets 2027 Production Restart at Santa Fe in Nevada

Lahontan Gold (TSXV:LG) founder and CEO Kimberly Ann had big news to share at the Precious Metals Summit in Beaver Creek, Colorado. Lahontan Gold's acquisition* of Emergent Metals (TSXV:EMR,OTCQB:EGMCF) gives it full ownership of West Santa Fe and adds the York claims at New York Canyon. The... Keep Reading...
Heliostar Metals CEO Charles Funk.

Heliostar Metals Starts Open-Pit Mining at La Colorada, Advances Ana Paula

Heliostar Metals (TSXV:HSTR,OTCQX:HSTXF) acquired La Colorada in Sonora during the project’s shutdown, initially restarting it with stockpiles. The company is now working toward expanding the 50,000 ounce Veta Madre pit at the project. Speaking to the Investing News Network at the Precious... Keep Reading...

Interactive Chart

Latest Press Releases

Related News