RCS - Wheaton Precious Met - WPM in World's 100 Most Sustainable Corporations

Wheaton Precious MetalsAnnouncement

22/01/2025 16:45

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RNS Number : 3442U  Wheaton Precious Metals Corp.  22 January 2025

January 22, 2025
Vancouver, British Columbia

 

Wheaton Precious Metals Recognized by Corporate Knights as one of the 2025 Global 100 Most Sustainable Corporations

 

Vancouver, British Columbia - Wheaton Precious Metals™ Corp. ("Wheaton" or
the "Company") is pleased to announce that it has today been named to
Corporate Knights' 2025 Global 100 Most Sustainable Corporations list.

 

With Corporate Knights' stated focus on responsible behaviour and sustainable
revenue generation, a significant component of determining the Global 100
score considers the impact of Wheaton's streaming business on the clean
economy and the responsible business practices of Wheaton's mining partners.
Corporate Knights rated Wheaton highly for a range of key performance
indicators at the corporate level, including pay linked to sustainability,
CEO-average worker pay and gender and ethnic diversity on the board of
directors.

 

"We are proud to be recognized for our commitment to excellence in ESG
practices both in our own offices and alongside our mining partners, who have
a strong track record in responsible mining," said Randy Smallwood, President
and Chief Executive Officer of Wheaton. "We have an incredible team at Wheaton
and are advancing our work with mining partners to deliver the commodities our
society needs. Although we do not manage mining operations, ESG is an
important factor in our due diligence process for new streaming opportunities
and once a stream is in place, we collaborate with our mining partners on a
number of sustainability-related initiatives."

 

"As the leading precious metals streaming company, Wheaton is committed to
financially supporting climate solutions and clean technology for mining
operations," continued Smallwood. In September 2024, Wheaton announced the
launch of its inaugural Future of Mining Challenge
(https://www.wheatonpm.com/news/news-details/2024/Wheaton-Precious-Metals-Launches-1-Million-Future-of-Mining-Challenge/default.aspx)
, an initiative that seeks to support the mining industry to become more
efficient while minimizing its environmental impact.

 

Through the Future of Mining Challenge, Wheaton has invited cleantech
companies from around the world to submit and propose industry solutions. The
winner of the challenge will be awarded US$1,000,000 to continue to advance
their technology and will be announced during the PDAC Convention in Toronto,
the world's largest annual mining conference.

 

Corporate Knights' 2025 ranking of the world's 100 most sustainable
corporations is based on a rigorous assessment of over more than 8,300 public
companies with revenue over US$1 billion. Wheaton will be included in the
Global 100 Index, which represents a benchmark for sustainability excellence.
The company was also recently named by Corporate Knights as one of the 2024
Best 50 Corporate Citizens in Canada.

 

To learn more about Wheaton's sustainability approach and commitments, visit
the website at:  www.wheatonpm.com/Sustainability
(http://www.wheatonpm.com/Sustainability) .

 
 

About Wheaton Precious Metals Corp.

Wheaton Precious Metals is the world's premier precious metals streaming
company, providing shareholders with access to a high-quality portfolio of
low-cost, long-life mines around the world. Through strategic streaming
agreements, Wheaton partners with mining companies to secure a portion of
their future precious metals production. Committed to responsible mining
practices, Wheaton employs industry-leading due diligence practices with a
goal of unlocking long-term value for shareholders while supporting the
broader mining industry to deliver the commodities society needs through
access to capital. Wheaton's shares are listed on the Toronto Stock Exchange,
New York Stock Exchange and London Stock Exchange under the symbol WPM. Learn
more about Wheaton Precious Metals at www.wheatonpm.com
(http://www.wheatonpm.com) or follow us on social media.

 

 

For further information:

 

Investor Contact

Emma Murray

Vice President, Investor Relations

Tel: 1-844-288-9878

Email: info@wheatonpm.com (mailto:info@wheatonpm.com)

 

Media Contact

Emily Hamer

Director, Communications

Tel: 778.999.3176

Email:  emily.hamer@wheatonpm.com (mailto:emily.hamer@wheatonpm.com)

 

Cautionary Note Regarding Forward Looking-Statements

This press release contains "forward-looking statements" within the meaning of
the United States Private Securities Litigation Reform Act of 1995 and
"forward-looking information" within the meaning of applicable Canadian
securities legislation concerning the business, operations and financial
performance of Wheaton. Forward-looking statements, which are all statements
other than statements of historical fact, include, but are not limited to,
statements with respect to sustainability commitments and targets by Wheaton
and at mineral stream interests currently owned by Wheaton (the "Mining
Operations"). Forward-looking statements are subject to known and unknown
risks, uncertainties and other factors that may cause the actual results,
level of activity, performance or achievements of Wheaton to be materially
different from those expressed or implied by such forward-looking statements
including (without limitation) risks related to the ability to achieve
sustainability commitments and targets at both Wheaton and the Mining
Operations and other risks discussed in the section entitled "Description of
the Business - Risk Factors" in Wheaton's Annual Information Form for the year
ended December 31, 2023 and the risks identified under "Risks and
Uncertainties" in Wheaton's Management's Discussion and Analysis ("MD&A")
for the year ended December 31, 2023, both available on SEDAR+ and in
Wheaton's Form 6-K filed March 14, 2024, all available on EDGAR.
Forward-looking statements are based on assumptions management currently
believes to be reasonable, including (without limitation) that sustainability
commitments and  targets at both Wheaton and the Mining Operations will be
achieved, there will be no material adverse change in the market price of
commodities, that estimations of future production from the Mining Operations
and mineral reserves and resources are accurate, that the mining operations
from which Wheaton purchases precious metals will continue to operate, that
each party will satisfy their obligations in accordance with the precious
metals purchase agreements, and that Wheaton's application of the CRA
Settlement is accurate (including the Company's assessment that there will be
no material change in the Company's facts or change in law or jurisprudence
for years subsequent to 2010) and possible domestic audits for taxation years
subsequent to 2016 and international audits.

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