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OrganisationsFranco Nevada
Franco Nevada logo

Franco Nevada

Crude Oil ExtractionCanadaTSX: FNV
Last verified 18 days agofranco-nevada.com

Franco-Nevada Corporation, often referred to simply as Franco-Nevada, is a leading player in the crude petroleum industry, headquartered in California. Established in 2008, the company has carved a niche in providing essential services related to crude oil extraction, excluding surveying, across major operational regions in North America and beyond.

Specialising in royalty and streaming agreements, Franco-Nevada offers unique financial solutions that enable oil and gas companies to optimise their capital. This innovative approach has positioned the company as a trusted partner in the energy sector, contributing to its strong market presence. With a commitment to sustainable practices and a focus on high-quality assets, Franco-Nevada continues to achieve notable milestones, solidifying its reputation as a key contributor to the crude oil landscape.

14
DitchCarbon score

-1 vs industry average

Franco Nevada’s score of 14 is lower than 38% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very High

Crude Oil Extraction is among the most carbon-intensive industries

Industry performance

0.356
20192025

The Crude Oil Extraction industry has reduced its overall emissions by 90% since 2019

Emissions trajectory 2020 – 2027

000.0K000.0K000.0K00.0K0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Franco Nevada's reported carbon emissions

Franco-Nevada Corporation, operating in the crude petroleum and services related to crude oil extraction sector, with headquarters in CA, reported Scope 1 and 2 emissions data primarily through Scope 3 disclosures.

Emissions Overview:

  • 2024: Franco-Nevada reported approximately 236,900 kg CO2e in Scope 3 emissions. Key contributors included business travel (about 188,900 kg CO2e), employee commute (about 17,600 kg CO2e), and purchased goods and services (about 22,700 kg CO2e). Scope 1 and Scope 2 data were not disclosed for this year.
  • 2023: Scope 3 emissions totalled approximately 150,700 kg CO2e. Business travel accounted for about 100,600 kg CO2e, employee commute for about 18,200 kg CO2e, and purchased goods and services for about 26,300 kg CO2e. Scope 1 and Scope 2 data were not disclosed.
  • 2022: The company disclosed Scope 2 emissions of about 57,600 kg CO2e and Scope 3 emissions of approximately 110,300 kg CO2e. Within Scope 3, business travel was about 68,300 kg CO2e, employee commute about 17,300 kg CO2e, purchased goods and services about 20,600 kg CO2e, and waste generated in operations about 4,100 kg CO2e. Scope 1 data were not disclosed.
  • 2021: Scope 2 emissions were approximately 40,500 kg CO2e, and Scope 3 emissions were about 31,900 kg CO2e. Business travel contributed about 11,300 kg CO2e, employee commute about 7,100 kg CO2e, purchased goods and services about 11,000 kg CO2e, and waste generated in operations about 2,500 kg CO2e. Scope 1 data were not disclosed.
  • 2020: Scope 3 emissions were reported at approximately 44,100 kg CO2e, with business travel (about 28,900 kg CO2e), employee commute (about 8,800 kg CO2e), purchased goods and services (about 4,100 kg CO2e), and waste generated in operations (about 2,300 kg CO2e) as the main components. Scope 1 and 2 data were not disclosed.
  • 2019: Scope 3 emissions were approximately 91,200 kg CO2e, comprising business travel (about 57,100 kg CO2e), employee commute (about 15,800 kg CO2e), purchased goods and services (about 12,200 kg CO2e), and waste generated in operations (about 6,100 kg CO2e). Scope 1 and 2 data were not disclosed.
  • 2018: Scope 2 emissions totalled about 55,900 kg CO2e (including purchased steam and electricity), and Scope 3 emissions were approximately 91,700 kg CO2e. Business travel was a significant contributor at about 60,400 kg CO2e, alongside employee commute (about 14,700 kg CO2e), purchased goods and services (about 3,300 kg CO2e), and waste generated in operations (about 5,900 kg CO2e). Scope 1 data were not disclosed.
  • 2017: Scope 2 emissions were reported as about 54,600 kg CO2e (from purchased steam and electricity), with Scope 3 emissions at approximately 78,000 kg CO2e. Business travel accounted for about 51,100 kg CO2e, employee commute for about 12,900 kg CO2e, purchased goods and services for about 3,100 kg CO2e, and waste generated in operations for about 5,000 kg CO2e. Scope 1 data were not disclosed.

Climate Commitments and Initiatives:

Franco-Nevada Corporation has not disclosed specific reduction targets or commitments through SBTi, Climate Pledge, or RE100 initiatives based on the provided data. The company's sustainability reports indicate a focus on data collection and reporting across various scopes. The majority of disclosed emissions are within Scope 3, highlighting areas such as business travel and employee commutes as key focus areas for potential future reduction efforts. Further details on specific reduction strategies and climate goals are not available in the provided information.

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Franco Nevada’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for Franco Nevada yet.

Scope 3 top emissions categories

3 of 15 categories disclosed
Business Travel80%
Purchased Goods & Services10%
Employee Commuting7%
Business Travel80%
Purchased Goods & Services10%
Employee Commuting7%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Franco Nevada logoFranco Nevada
CACrude Oil Extraction
18 days ago
14
Newmont logoNewmont
USSalt and Mineral Mining
12 hours ago
64
View
Goldcorp Incorporated logoGoldcorp Incorporated
CAPrecious Metal Production
10 hours ago
58
View
Eldorado Gold logoEldorado Gold
CAPrecious Metal Mining
3 minutes ago
43
View
Agnico Eagle logoAgnico Eagle
CAPrecious Metal Mining
12 hours ago
41
View
Osisko Gold Royalties Ltd logoOsisko Gold Royalties Ltd
CASalt and Mineral Mining
12 hours ago
35
View
Wheaton Precious Metals logoWheaton Precious Metals
CAPrecious Metal Production
12 hours ago
33
View

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