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VANCOUVER, BC, May 13, 2021 /PRNewswire/ - 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)
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SOURCE Wheaton Precious Metals Corp.