Franco Nevada
Franco-Nevada Corporation, often referred to simply as Franco-Nevada, is a leading gold-focused royalty and streaming company headquartered in California. Established in 2007, the company has rapidly positioned itself as a key player in the mining industry, with significant operations across North America, South America, and Australia. Franco-Nevada's unique business model centres on acquiring and managing a diverse portfolio of royalties and streams, primarily in precious metals, which allows for reduced risk and enhanced financial returns. The company is renowned for its strong balance sheet and disciplined approach to capital allocation, making it a preferred partner for mining companies worldwide. With a commitment to sustainable practices and a robust market presence, Franco-Nevada continues to achieve notable milestones, solidifying its reputation as a leader in the resource sector.
DitchCarbon Score
How does Franco Nevada's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Franco Nevada's score of 27 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Franco Nevada's reported carbon emissions
In 2023, Franco Nevada reported total carbon emissions of approximately 214,600 kg CO2e, with Scope 1 emissions at 900,000 kg CO2e, Scope 2 emissions at 217,000 kg CO2e, and Scope 3 emissions at 150,700 kg CO2e. The Scope 3 emissions included significant contributions from business travel (100,600 kg CO2e) and employee commuting (18,200 kg CO2e). In 2022, the company recorded total emissions of about 558,808,000 kg CO2e, with Scope 2 emissions at 57,600 kg CO2e and Scope 3 emissions at 558,750,300 kg CO2e, indicating a substantial reliance on indirect emissions from investments and operations. Franco Nevada has not publicly disclosed specific reduction targets or initiatives as part of their climate commitments. However, the company continues to monitor and report its emissions across all relevant scopes, demonstrating a commitment to transparency in its environmental impact. The absence of defined reduction targets suggests a potential area for future improvement in their climate strategy.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - | 000,000 | 000,000 |
| Scope 2 | 54,600 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 000,000 | 00,000 |
| Scope 3 | 78,000 | 00,000 | 00,000 | 00,000 | 000,000,000 | 000,000,000 | 000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Franco Nevada is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
