VANCOUVER, BC, Jan. 22,
2025 /CNW/ - 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, 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.
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 or follow us on social media.
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.
SOURCE Wheaton Precious Metals Corp.
