FNV: TSX | NYSE 33 2.1 1.2 1.2 9.3 2.5 9.4 0.8 0.4 0.4 12.2 4.1 11.0 0.0 2.0 4.0 6.0 8.0 10.0 12.0 14.0 2019 2020 2021 Other Purchased Goods & Services Electronics Paper Use 91.2 44.1 33.4 - 10.0 20.0 30.0 40.0 50.0 60.0 70.0 80.0 90.0 100.0 2019 2020 2021 1.4 0.8 0.7 4.7 1.5 1.5 6.1 2.3 2.2 - 1.0 2.0 3.0 4.0 5.0 6.0 7.0 2019 2020 2021 Water Waste 15.8 8.8 8.7 57.1 28.9 11.5 72.9 37.7 20.2 - 10.0 20.0 30.0 40.0 50.0 60.0 70.0 80.0 2019 2020 2021 Employee Commuting - Car Business Travel - Air * Approach to Climate Change Annual Indirect (Scope 3) Greenhouse Emissions (tCO 2 e) from 2019 to 2021 Our indirect (Scope 3) emissions are comprised of estimated greenhouse gas emissions associated with work-related travel (including airplane travel* and personal car mileage), purchase and use of office supplies and services (including paper, electronic devices, kitchen supplies and other office goods and services), and water and waste**. The reduction of our Scope 3 emissions in 2020 and 2021 is primarily due to our shift to remote and hybrid work arrangements during these years. We except that these emissions will normalize in 2022. In accordance with the Greenhouse Gas Protocol Technical Guidance for Calculating Scope 3 Emissions (Category 15: Investments), inclusion of GHG emissions generated from the operations in which we have royalty and stream investments is optional but not required. We do not operate, develop or conduct exploration for such operations, nor do we do exercise control over such operations given the passive nature of our investments and such emissions are excluded from our organizational boundary and our Scope 3 emissions. Notwithstanding, we have included in this ESG Report (refer to Appendix B: Operators’ Emissions) estimated emission data relating to the producing mining operations where we hold royalty and stream investments, which information has been provided by McKinsey MineSpans. * Scope 3 emissions relating to Business Travel - Air based upon data provided by our corporate travel agent, Corporate Traveller, plus additional estimated emissions for flights booked individually by Franco-Nevada personnel or through other travel agents. ** Due to certain logistical constraints, reported data for Scope 3 emissions generated from water and waste relates to our Toronto and Barbados office and for 2021 covers 88.9% (32 of 36 employees) of our company (2019 – 89.5%; 2020 – 88.6%). Global Carbon Footprint (continued) Business Travel (tCO 2 e) Office Supplies (tCO 2 e) Total Scope 3 Emissions (tCO 2 e) Water and Waste (tCO 2 e)
2022 ESG Report | Franco-Nevada Page 32 Page 34