Wheaton Precious Metals Corp
Wheaton Precious Metals's GHG Emissions Data Preview
In 2023, Wheaton Precious Metals completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).
Wheaton Precious Metals has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Wheaton Precious Metals's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Wheaton Precious Metals amounted to 38.59 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Wheaton Precious Metals increased by 20.48%, suggesting that the company faced challenges in reducing its emissions from its core operations.
Wheaton Precious Metals's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Wheaton Precious Metals's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Wheaton Precious Metals were 0 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
What are Wheaton Precious Metals's Scope 2 emissions?
In 2023, Wheaton Precious Metals reported Scope 2 greenhouse gas (GHG) emissions of 38.59 tCOâ‚‚e using the market-based method, and 38.59 tCOâ‚‚e using the location-based method.
Has Wheaton Precious Metals reduced its Scope 2 emissions over time?
Since 2018, Wheaton Precious Metals's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Wheaton Precious Metals 's emissions have plateaued with no significant change in its energy consumption footprint.
Compared to the previous year (2022), Wheaton Precious Metals's Scope 2 emissions (Location-Based) rose by 20.48% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy
What methodology does Wheaton Precious Metals use for Scope 2 reporting?
In 2023, Wheaton Precious Metals reported its Scope 2 emissions using the market-based method and using the location-based method.
Wheaton Precious Metals's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Wheaton Precious Metals's Value Chain Emissions
In 2023, Wheaton Precious Metals reported 974.56 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Wheaton Precious Metals includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, down from 3 in 2022, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.
Wheaton Precious Metals's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Wheaton Precious Metals's Scope 3 emissions?
In 2023, Wheaton Precious Metals reported total Scope 3 emissions of 974.56 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.
Has Wheaton Precious Metals reduced its Scope 3 emissions over time?
Since 2018, Wheaton Precious Metals's Scope 3 emissions have increased by 89.32%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), Wheaton Precious Metals's Scope 3 emissions decreased by 99.61%, highlighting the company's efforts to lower indirect emissions from its value chain.
What categories of Scope 3 emissions does Wheaton Precious Metals disclose?
In 2023, Wheaton Precious Metals reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Wheaton Precious Metals's Scope 3 emissions?
In 2023, the largest contributors to Wheaton Precious Metals's Scope 3 emissions were:
- Business Travel (Cat. 6): 958.37 tCOâ‚‚e (98.34%)
- Employee Commuting (Cat. 7): 16.19 tCOâ‚‚e (1.66%)
Wheaton Precious Metals's Scope 3 Emissions by Categories
Insights into Wheaton Precious Metals's Total Carbon Footprint
In 2023, Wheaton Precious Metals reported a total carbon footprint of 1,013.15 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 99.59% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to Wheaton Precious Metals's total carbon footprint was Scope 3 emissions, accounting for 96.19% of the company's total carbon footprint, followed by Scope 2 emissions at 3.81%.