Core Viewpoint - Franco-Nevada Corporation has published its 2025 Asset Handbook and Sustainability Report, showcasing its diverse portfolio and commitment to sustainability [1][2]. Asset Handbook - The 2025 Asset Handbook provides a comprehensive overview of the company's material assets, including performance metrics and future outlook [2]. - Franco-Nevada is recognized as a leading gold-focused royalty and streaming company with the largest and most diversified portfolio of cash-flow producing assets [2][6]. - The company has achieved a compounded annual growth rate of 16% in total shareholder returns since its IPO in 2007 [3]. - The portfolio includes 119 cash-flow producing assets that generated approximately $1.0 billion in Adjusted EBITDA in 2024 [3]. Sustainability Report - The 2025 Sustainability Report highlights the company's accomplishments in 2024 and its commitments to ESG leadership [2]. - Responsible capital allocation includes monitoring health and safety, carbon footprint, water management, and biodiversity [2]. - Community contributions have increased year-over-year, supporting mining industry organizations and diversity initiatives [2]. - The company has welcomed a new diverse director to its Board, emphasizing good governance and shareholder alignment [2]. Financial Performance - Since 2008, Franco-Nevada has seen growth in annual GEOs of 2.8 times and revenue growth of 7.4 times [3]. - The portfolio is well-diversified by asset, operator, geography, and commodity, with no single asset expected to contribute more than 15% of revenue in 2025 [3]. - The mining assets have a long mine life of 38 years for M&I Resource Royalty Ounce [3]. - The company has no debt and $1.7 billion in available capital, with a strong pipeline of precious metal opportunities [3]. Recognition and Awards - Franco-Nevada was named one of Corporate Knights' Best 50 Corporate Citizens in Canada in 2024 and ranked third among mining companies in The Globe and Mail's 2024 Board Games [4]. - The company has a high level of Board and management share ownership, totaling over C$200 million [4]. Climate Action and Transparency - The company has begun measuring its corporate emissions against its reduction targets adopted in 2024 [6]. - Franco-Nevada aligns its ESG reporting with leading standards and has received recognition from rating agencies, including an "AA" rating by MSCI [8].
Franco-Nevada Launches 2025 Asset Handbook and Sustainability Report