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Noble Corporation, commonly referred to as Noble, is a leading player in the patent fuel industry, headquartered in Great Britain. Founded in 1921, the company has established a strong presence in key operational regions, including Europe and North America. Noble is renowned for its innovative solutions in patent fuel technology, focusing on enhancing energy efficiency and sustainability.
The company’s core offerings include advanced patent fuel systems that are designed to optimise energy production while minimising environmental impact. Noble's commitment to research and development has positioned it as a market leader, with notable achievements in reducing carbon emissions and improving fuel performance. With a legacy of excellence and a forward-thinking approach, Noble continues to shape the future of the patent fuel sector.
+11 vs industry average
Noble’s score of 25 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Patent Fuel is among the most carbon-intensive industries
The Patent Fuel industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
Noble, a Patent Fuel company headquartered in GB, reported approximately 906.5 million kg CO2e in Scope 1 emissions, 1.5 million kg CO2e in Scope 2 emissions (location-based), and 34.1 million kg CO2e in Scope 3 business travel emissions for 2024.
Looking back, in 2023, the company's Scope 1 emissions were about 858.1 million kg CO2e, Scope 2 emissions were approximately 1.0 million kg CO2e, and Scope 3 business travel emissions were around 21.9 million kg CO2e. In 2022, Noble's Scope 1 emissions were approximately 597.7 million kg CO2e, and Scope 2 emissions were about 4.2 million kg CO2e. For 2021, the company reported Scope 1 emissions of approximately 309.0 million kg CO2e, Scope 2 emissions of around 17.0 million kg CO2e, and Scope 3 emissions of about 67.0 million kg CO2e. In 2020, Noble reported Scope 1 emissions of approximately 1.07 billion kg CO2e, Scope 2 emissions of approximately 11.0 million kg CO2e, and Scope 3 emissions of around 178.0 million kg CO2e.
Noble has set several commitments to address its climate impact. The company aims to reduce its Scope 1 and Scope 2 emissions to "near zero" by the middle of this decade, with a target year of 2025. Additionally, Noble is working towards a 20% reduction in the carbon intensity of its drilling operations, measured as tonnes of CO2e per contracted day for rig type, by 2030, using a 2021 baseline for both Scope 1 and Scope 2 emissions.
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2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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