Our ESG Strategy

Since our inception, ESG principles have been embedded into OR Royalties' practices. We are dedicated to refining our strategy as we expand, evolve and mature, with a focus on prioritizing responsible business approaches.

In 2023, we developed and formalized our ESG Strategy, which commits us to uphold sustainable business practices and to grow responsibly. This strategy helps guide our decision-making and areas of focus for sustainability initiatives. Our ESG Strategy is informed by our materiality assessment process, which helps identify the ESG topics most relevant to both our business and our stakeholders.

The results of our 2024 materiality assessment refresh reinforced the importance of our core focus areas and validated the alignment of our strategy with stakeholder expectations and emerging regulatory frameworks.

OR Royalties' ESG strategy commits to uphold
Sustainable business practices and grow responsibly

Key Pillars Underpinning ESG Strategy

Due Diligence

Conduct extensive due diligence on investments to ensure adherence to responsible mining practices

Aligned SDGs
UN Sustainable Development Goal 12 — Responsible Consumption and Production

Climate Change

Conduct business in a way that protects the environment and, where possible, help our mining partners achieve climate-related goals

Aligned SDGs
UN Sustainable Development Goal 13 — Climate Action

Social Contributions

Support the communities that host our offices and mining partner assets

Aligned SDGs
UN Sustainable Development Goal 3 — Good Health and Well-Being UN Sustainable Development Goal 4 — Quality Education UN Sustainable Development Goal 5 — Gender Equality UN Sustainable Development Goal 13 — Climate Action

Health & Safety

Encourage the health, safety, and well-being of all our employees

Aligned SDGs
UN Sustainable Development Goal 3 — Good Health and Well-Being

Diversity, Equity & Inclusion

Foster an environment that prioritizes diversity, equity and inclusion

Aligned SDGs
UN Sustainable Development Goal 5 — Gender Equality

Environmental Stewardship

While we do not operate the assets within our portfolio, we maintain active dialogue with our mining partners and monitor the management of environmental risks at the operations from which we derive revenue. In 2025, we implemented a Climate Change Policy to formally integrate climate risk into our investment decision-making and responded to the CDP Climate SME questionnaire for a second year, continuing to enhance our climate-related disclosures.

We are proud to report that we acquired Gold Standard verified carbon credits to offset the Scope 2 and Scope 3 emissions related to our own workforce and footprint. Furthermore, through the efforts of our mining partners, 88% of our Scope 3 financed emissions from producing operations are now covered by emissions reduction targets, with 61% covered by forward-looking net zero aspirations, representing an increase from 76% and 42%, respectively, in the prior year.

Our People and Communities

The strength of our business lies in our people and the communities we support both directly and indirectly. For the second consecutive year, OR Royalties was proudly certified as a Great Place to Work®, reflecting our high-trust workplace culture.

Beyond our internal operations, we significantly expanded our social impact. In 2025, we contributed $625,000 to community investments, a 73% increase from 2024, bringing our total community contributions to over $1.5 million since 2021.

Governance and Accountability

Our approach to governance and business ethics, as well as our broader ESG initiatives, continues to be recognized by leading independent organizations. In 2025, we maintained our ‘AA’ rating from MSCI, achieved Prime rating status from ISS ESG, and were recognized as an ESG Leader receiving Global, Regional and Industry Top Rated distinctions from Sustainalytics. We proudly maintained a zero-incident record of material breaches of our Code of Ethics and whistleblower reports.

As we look ahead, we remain focused on disciplined capital deployment, meaningful partnerships and community support, and responsible investment in the mining sector. I would like to extend sincere gratitude to our Board of Directors, employees, mining partners, and shareholders for your continued support.

Aligned with global recognized standards and frameworks

Sustainability Accounting Standards Board logo        

Task Force on Climate-Related Financial Disclosures logo

 

Our Ratings