Sustainable Innovation: How is Wheaton shaping the sector with renewable energy?

The energy matrix plays a fundamental role in the development and sustainability of a society, representing the diversity of energy sources used to meet the needs of a region, country or specific sector.

Brazil stands out for the diversification of its energy matrix, with hydroelectric power as the historical protagonist, characterized by its significant reduction in CO2 release, setting it apart from nations dependent on non-renewable sources.
Brazilian companies, such as Wheaton, have made a name for themselves by investing in renewable sources, with the aim of reducing dependence on fossil fuels and mitigating environmental impacts.
In this article, we will explore some renewable source projects in which Wheaton is investing:

Commitment to clean energy:

In 2023, Wheaton took an important step by adopting 100% electricity from a certified hydroelectric source in its facilities, zeroing out greenhouse gas emissions from scope 2 of the carbon inventory.

In addition, the company has implemented innovative initiatives such as “boosting”, electrical support conducted by electrodes in the furnaces, promoting greater energy efficiency and improved quality of the glass produced, while reducing atmospheric emissions.

Since 2018, for example, the replacement of gas forklifts with electric versions has contributed to reducing environmental and noise pollution, improving not only sustainability but also the quality of the working environment.

Green Light Project:

Another example is the Green Light Project, where the company has installed streetlights with photovoltaic panels, generating electricity from the sun. Each lighting point using solar energy represents a 70 to 90% reduction in energy consumption with conventional supply. Currently, five solar energy collection points are in operation at the São Bernardo do Campo industrial park.

The diversification of Wheaton’s energy matrix demonstrates its commitment to the Brazilian sustainability scenario, highlighting the importance of companies committed to promoting environmentally responsible practices. These initiatives reflect progress towards a more sustainable future, as well as being an inspiring example of how innovation and environmental awareness can coexist harmoniously in industry.