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Wheaton Precious Metals Corp

Common Name
Wheaton Precious Metals
Country
Canada
Sector
Basic Materials
Industry
Gold
Employees
44
Ticker
WPM
Exchange
TORONTO STOCK EXCHANGE
Description
Wheaton Precious Metals Corp. is a Canadian multinational precious metals streaming company. It provides upfront capital to mining operators in exchange for the right to purchase a fixed percentage of...

Wheaton Precious Metals's Energy Data Preview

In 2023, Wheaton Precious Metals disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Wheaton Precious Metals also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, Wheaton Precious Metals also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Wheaton Precious Metals also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Wheaton Precious Metals's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2023202220212020 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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Limited Data Preview
You are viewing a limited preview of Wheaton Precious Metals’s Energy dataset. The full dataset, available for download, includes reported energy consumption and production by energy type (e.g., electricity, heat, fuels), energy source, and renewability, with historical coverage back to 2019.
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Verified Sources Behind Wheaton Precious Metals’s Energy Management Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Wheaton Precious Metals’s data sources below and access millions more through our Disclosure Search.

a. Wheaton Precious Metals's Sustainability Report 2023

Insights into Wheaton Precious Metals's Energy Renewability

In 2023, Wheaton Precious Metals consumed a total of 881.82 Gigajoules of energy across its operations. Of this total, 76.74% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 23.26% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.a

Wheaton Precious Metals's Energy Renewability Rate

77%

How much of Wheaton Precious Metals's energy consumed is renewable?

In 2023, Wheaton Precious Metals consumed a total of 881.82 Gigajoules of energy, of which 76.74% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.a

This high level of renewable energy use suggests that Wheaton Precious Metals has taken strong steps toward decarbonizing its energy supply and reducing its dependence on fossil fuels.

Are Wheaton Precious Metals's energy practices becoming more sustainable?

Since 2019, Wheaton Precious Metals's total energy consumption increased by 1.99%, including a 10.11% increase in 2023, reflecting a sustained rise in overall energy demand.a

Over the same period, the share of renewable energy decreased by 1.55%, with a further 2.77% drop in 2023, highlighting a weakening in renewable energy performance.a

Overall, Wheaton Precious Metals is consuming more energy while simultaneously reducing its use of renewable sources, raising concerns about a growing dependency on fossil fuels and the company’s alignment with sustainability goals.

Wheaton Precious Metals's Renewable vs Non-renewable Energy Over Time

780.53380.5319.47780.53Gigajoules (GJ)2023202220212020201977%79%81%77%78%23%21%19%23%22%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into Wheaton Precious Metals's Energy Consumption & Production Mix

In 2023, Wheaton Precious Metals disclosed detailed information on the sources and generation technologies of the energy it consumed.This disclosure enables a clearer assessment of the Wheaton Precious Metals's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.a

Wheaton Precious Metals's Energy Consumed by Sources and Technologies

Hydropower(77.9%)Diesel(22.1%)

What are the main sources and generation technologies behind Wheaton Precious Metals's energy consumption?

In 2023, Wheaton Precious Metals's total energy consumption was primarily sourced from a

  • Hydropower (77.95%)
  • Diesel (22.05%)

How diverse is Wheaton Precious Metals’s energy consumption mix?

In 2023, Wheaton Precious Metals consumed energy from 2 different sources or generation technologies, indicating a highly concentrated energy mix, with Hydropower alone accounting for 77.95% of total consumption.a

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