Responsible Capital Allocation Community Contributions Good Governance & Shareholder Alignment Diversity, Inclusion & Well-Being Climate Action Transparency & Guiding Principles Appendices 83 Appendix H: Carbon Neutral Initiative Carbon Neutral for Global Corporate Operations (2022) Type of Carbon Offset Purchased from Supplier Emissions Eliminated Carbon Offset Supplier Gold Standard-Certified Offsets (50%) CSA Standard-Certified Offsets (50%) All emissions* for our global operations** Less Emissions Gold Standard-certified emission reductions (CERs): CSA Standard-certified offsets: • A Bullfrog Power company A global standard for projects in developing A global standard for voluntary GHG • Canadian (Toronto-based) supplier of countries that verifiably achieve GHG emissions emissions reduction projects. Follows the independently audited high quality reductions at the source and create positive impacts United Nations’ CDM methodologies and carbon offsets on social networks and their local economy. Follows enables projects located in developed the United Nations’ Clean Development Mechanism countries (and therefore outside the • Previously ranked as the highest quality (CDM) protocols for CERs. jurisdiction of the Gold Standard CDM offset provider by the David Suzuki certification program) to meet equivalent Foundation and the Pembina Institute performance standards and deliver high quality emissions reductions. * Represents all of our estimated reported emissions from our global corporate operations in 2022, or 134.2 tCO e (equal to total Scope 2 emissions of 50.4 tCO e plus total Scope 3 emissions of 83.8 tCO e), which are calculated subsequent to year-end. As indicated in the 2 2 2 Corporate Footprint section in this ESG Report, our global operations do not have Scope 1 (direct) emissions as our offices rely on electricity and steam for energy and heating, which are included under our Scope 2 (indirect) emissions. ** As indicated in the Corporate Footprint section in this ESG Report, due to constraints owing to lack of information for certain leased premises in Perth, Australia (1 employee) and Colorado, United States (4 employees), our reported data for electricity and steam (each Scope 2 emissions) and water and waste (each Scope 3 emissions) relate only to our Toronto and Barbados offices and covers 87.5% (35 of 40 employees) of our company. We grossed up our total corporate operational emissions and purchased offsets representing 125% of our grossed up emissions to provide for a buffer to ensure that all of our company’s corporate operational emissions were covered, including to account for certain minimal but unquantifiable emissions which some of our employees may periodically contribute to.
![2023 ESG Report | Franco-Nevada - Page 85](/cdn-cgi/image/width=600,quality=80,format=webp/https://cdn.relayto.com/images_originals/64398f2ac015f.jpeg)