Freehold Royalties Ltd 2019 SR
The report is Freehold Royalties Ltd.'s inaugural ESG report, detailing the company's performance for the 2018 fiscal year. As a primarily royalty-based entity, the company emphasizes its indirect environmental impact while supporting responsible development in the oil and gas sector. Key highlights include a significant reduction in asset retirement obligations from $23.7 million to $11.9 million over three years and the completion of 127 royalty audits. The report also notes that 94% of production and 99.6% of operating income were derived from royalties in 2018. Furthermore, the company maintained a strong safety record with zero recordable injuries or lost time incidents among the personnel managing its assets.
Company: Freehold Royalties Ltd
Sector: Mining & quarrying
Country: Canada
Year: 2019
Type: SR
Pages: 34
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Freehold Royalties Ltd
ESG Report
The report is Freehold Royalties Ltd.'s inaugural ESG report, detailing the company's performance for the 2018 fiscal year. As a primarily royalty-based entity, the company emphasizes its indirect environmental impact while supporting responsible development in the oil and gas sector. Key highlights include a significant reduction in asset retirement obligations from $23.7 million to $11.9 million over three years and the completion of 127 royalty audits. The report also notes that 94% of production and 99.6% of operating income were derived from royalties in 2018. Furthermore, the company maintained a strong safety record with zero recordable injuries or lost time incidents among the personnel managing its assets.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Published
Jan 1, 2019
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Workplace Fatalities
Employees