Wheaton Precious Metals Corp
Wheaton Precious Metals 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Non-renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Electricity Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
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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.
Wheaton Precious Metals's Energy Renewability Rate
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.
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.
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.
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
- 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.
Wheaton Precious Metals's Energy Consumed by Sources and Technologies
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
- Hydropower (76.74%)
- Diesel and Fuel (Unspecified Type) (23.26%)
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 76.74% of total consumption.