Public Profile

Freehold Royalties

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.

DitchCarbon Score

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.

15

Industry Average

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.

29

Industry Benchmark

Freehold Royalties's score of 15 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.

10%

Let us know if this data was useful to you

Freehold Royalties's reported carbon emissions

In 2021, Freehold Royalties reported total emissions of approximately 435,000 kg CO2e, comprising 9,100 kg CO2e from Scope 1 (fugitive emissions), 261,000 kg CO2e from Scope 2 (purchased electricity), and 5,390 kg CO2e from Scope 3 (business travel). This marked a significant reduction from 2020, where total emissions were about 547,000 kg CO2e, with Scope 1 emissions at 7,100 kg CO2e and Scope 2 emissions at 338,000 kg CO2e. In 2019, the company recorded total emissions of approximately 818,300 kg CO2e, with Scope 1 emissions of 25,600 kg CO2e and Scope 2 emissions of 293,000 kg CO2e. The reduction in emissions over the years indicates a positive trend towards minimising their carbon footprint. Despite these reductions, Freehold Royalties has not publicly disclosed specific reduction targets or commitments under initiatives such as the Science Based Targets initiative (SBTi). The absence of formal climate pledges suggests that while the company is actively reducing emissions, it may not yet have established comprehensive long-term climate commitments.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201920202021
Scope 1
30,500
0,000
0,000
Scope 2
293,000
000,000
000,000
Scope 3
15,740
0,000
0,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Freehold Royalties's primary industry is Natural Gas Liquids, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Freehold Royalties is in CA, which has a low grid carbon intensity relative to other regions.

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.

Freehold Royalties is not participating in any of the initiatives that 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Similar Organizations

Texas Pacific Land Corporation

US
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated 10 days ago

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers