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OrganisationsNoble
Noble logo

Noble

Patent FuelUnited KingdomNYSE: NE
Last verified 12 days agonoblecorp.com

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.

25
DitchCarbon score

+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.

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Industry Intensity

Very High

Patent Fuel is among the most carbon-intensive industries

Industry performance

1.189
20182025

The Patent Fuel industry has reduced its overall emissions by 33% since 2018

Emissions trajectory 2020 – 2027

0.0B0.0B000.0M000.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Noble's reported carbon emissions

Noble, a UK-based company operating in the Patent Fuel industry, is committed to reducing its environmental impact. For 2024, the company reported total Scope 1 emissions of approximately 870.4 million kg CO2e and Scope 2 emissions of approximately 1.5 million kg CO2e. Scope 3 emissions, specifically business travel, amounted to approximately 34.1 million kg CO2e.

In 2023, Noble's Scope 1 emissions were approximately 858.1 million kg CO2e, with Scope 2 emissions at approximately 1.0 million kg CO2e. Scope 3 business travel emissions were approximately 21.9 million kg CO2e.

Looking back to 2022, Noble reported Scope 1 emissions of approximately 597.7 million kg CO2e and Scope 2 emissions of approximately 4.2 million kg CO2e. Scope 3 data was not disclosed for this year.

In 2021, Noble's total emissions were approximately 326 million kg CO2e, comprising Scope 1 emissions of around 309 million kg CO2e, Scope 2 emissions of approximately 17 million kg CO2e, and Scope 3 emissions of about 67 million kg CO2e.

Noble has set an ambitious target to decrease the carbon intensity of its drilling operations by 20% by 2030, using 2021 as the baseline year. This intensity measure is calculated as metric tons of CO2e per contracted day for rig type, encompassing both Scope 1 and Scope 2 emissions. The company also aims to reduce its Scope 1 and Scope 2 emissions to near zero by the middle of this decade. Noble is involved in Project Greensand, with a right to all associated drilling work until the end of 2027, further demonstrating their engagement in climate-related initiatives.

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Noble’s Climate Goals (2030 & 2050)

4 goals

2027

As the preferred drilling contractor for Project Greensand,…

As the preferred drilling contractor for Project Greensand, Noble retains a right to all drilling work involved in the project until the end…

Behind target0%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

1 of 15 categories disclosed
Business Travel100%
Business Travel100%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Noble logoNoble
GBPatent Fuel
12 days ago
25
Shelf Drilling logoShelf Drilling
AEConstruction Work
1 day ago
35
View
COSL Drilling Europe AS logoCOSL Drilling Europe AS
NOCrude Oil Extraction
1 day ago
27
View
Nabors Industries logoNabors Industries
BMGas/Diesel Oil
2 days ago
24
View
Pdc Energy logoPdc Energy
USGas/Diesel Oil
2 days ago
13
View
Awilco Drilling PLC logoAwilco Drilling PLC
GBCrude Oil Extraction
1 day ago
6
View
Patterson-UTI Energy, Inc. logoPatterson-UTI Energy, Inc.
USCrude Oil Extraction
1 day ago
5
View

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Ditchcarbonv260721.1
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Ditch Carbon Ltd

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