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 10 is lower than 96% 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 carbon 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 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. The company has not disclosed any specific reduction targets or initiatives as part of its climate commitments. However, it continues to monitor and report its emissions across all relevant scopes, indicating a commitment to transparency in its environmental impact. Freehold Royalties operates from its headquarters in Canada and is actively engaged in understanding and managing its carbon footprint within the industry context.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 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 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.