Freehold Royalties Ltd., commonly referred to as Freehold Royalties, is a prominent player in the Canadian oil and gas industry, headquartered in Calgary, Alberta. Founded in 1996, the company has established itself as a leader in the acquisition and management of oil and gas royalties, primarily focusing on the Western Canadian Sedimentary Basin. Freehold Royalties distinguishes itself through its unique business model, which centres on generating revenue from a diverse portfolio of royalty interests rather than direct production. This approach allows the company to mitigate operational risks while capitalising on the growth of its partners. With a strong market position, Freehold Royalties has achieved notable milestones, including consistent dividend payments and a robust asset base, making it a preferred choice for investors seeking exposure to the energy sector.
How does Freehold Royalties'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.
Mean score of companies in the Natural Gas Liquids 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.
Freehold Royalties's score of 3 is lower than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Freehold Royalties reported total emissions of approximately 435,000 kg CO2e, comprising 9,100 kg CO2e from Scope 1 (fugitive emissions) and 261,000 kg CO2e from Scope 2 (purchased electricity). Additionally, Scope 3 emissions from business travel accounted for about 5,390 kg CO2e. This marked a significant reduction from 2020, where total emissions were approximately 547,000 kg CO2e, with Scope 1 emissions at 7,100 kg CO2e and Scope 2 emissions at 338,000 kg CO2e. In 2019, Freehold's total emissions were about 818,300 kg CO2e, with Scope 1 emissions of 30,500 kg CO2e and Scope 2 emissions of 293,000 kg CO2e. The company has not set specific reduction targets or climate pledges, indicating a potential area for future commitment. Overall, Freehold Royalties demonstrates a trend of decreasing emissions, particularly in Scope 1 and 2 categories, reflecting a growing awareness of climate impact within the industry.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2019 | 2020 | 2021 | |
---|---|---|---|
Scope 1 | 30,500 | 0,000 | 0,000 |
Scope 2 | 293,000 | 000,000 | 000,000 |
Scope 3 | 15,740 | 0,000 | 0,000 |
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.
Freehold Royalties is not committed to any 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.