Freehold Royalties Sustainability Profile
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.
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.
Industry Benchmark
Freehold Royalties's score of 13 is lower than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Freehold Royalties's reported carbon emissions
In 2021, Freehold Royalties reported total carbon emissions of approximately 435,000 kg CO2e, comprising 91,000 kg CO2e from Scope 1 and 344,000 kg CO2e from Scope 2 emissions. The Scope 3 emissions, primarily from business travel, accounted for about 5,390 kg CO2e. This data reflects a decrease from 2020, when total emissions were approximately 547,000 kg CO2e, with Scope 1 emissions at 71,000 kg CO2e and Scope 2 emissions at 476,000 kg CO2e. Freehold Royalties has not set specific reduction targets or climate pledges, indicating a lack of formal commitments to reduce emissions at this time. The company’s emissions data is not cascaded from a parent organization, and all reported figures are directly sourced from Freehold Royalties Ltd. Overall, Freehold Royalties is actively monitoring its carbon footprint, with a focus on transparency in emissions reporting, but currently lacks defined reduction initiatives or targets.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Scope 1 | 21,300 | 000,000 | 00,000 | 00,000 |
| Scope 2 | - | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | 00,000 | 0,000 | 0,000 |
How Carbon Intensive is Freehold Royalties's Industry?
How Carbon Intensive is Freehold Royalties's Location?
Freehold Royalties's Scope 3 Categories Breakdown
Freehold Royalties's Scope 3 emissions, which increased by 37% last year and decreased by approximately 66% since 2019, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 1% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Freehold Royalties's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Freehold Royalties has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
