Wheaton Precious Metals Corp.
Climate Impact & Sustainability Data (2023-01-01 to 2023-09-30)
Reporting Period: 2023-01-01 to 2023-09-30
Environmental Metrics
ESG Focus Areas
- climate change
- diversity
- overall performance in sustainability
Social Achievements
- Local donations and community investments of $1,736,000 for the three months ended September 30, 2023 and $5,054,000 for the nine months ended September 30, 2023.
Governance Achievements
- Sustainability-linked revolving credit facility with interest rate adjustments based on performance in climate change, diversity, and overall sustainability.
Climate Goals & Targets
Environmental Challenges
- Potential reassessments from the Canada Revenue Agency related to the timing of deduction of upfront payments for Canadian mining assets.
- Ongoing audits by the CRA of international and domestic transactions.
- Potential legislative changes or legal actions impacting prior or current periods.
Mitigation Strategies
- Filed Notices of Objection and paid 50% of disputed amounts to challenge Domestic Reassessments.
- Monitoring ongoing audits and potential legislative/legal changes.
- Maintaining compliance with debt covenants.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: IFRS