Noble

Noble, a GB-headquartered company in the Patent Fuel industry, reported its 2024 Scope 1 emissions at approximately 870.4 million kg CO2e, Scope 2 (location-based) emissions at about 1.529 million kg CO2e, and Scope 3 emissions from business travel at approximately 34.07 million kg CO2e.

Looking back, in 2023, Noble's Scope 1 emissions were around 858.065 million kg CO2e, Scope 2 emissions were about 1.038 million kg CO2e, and Scope 3 business travel emissions were approximately 21.91 million kg CO2e. In 2022, the company's Scope 1 emissions stood at approximately 597.706 million kg CO2e and Scope 2 emissions at about 4.239 million kg CO2e. For 2021, Noble reported Scope 1 emissions of approximately 309 million kg CO2e, Scope 2 emissions of about 17 million kg CO2e, and Scope 3 emissions of approximately 67 million kg CO2e. In 2020, Noble’s Scope 1 emissions were approximately 1.068 billion kg CO2e, Scope 2 emissions were about 11 million kg CO2e, and Scope 3 emissions were approximately 178 million kg CO2e.

Noble has set ambitious climate commitments. The company aims to reduce its Scope 1 and Scope 2 emissions to near zero by the middle of this decade, specifically targeting the period between 2023 and 2025. Furthermore, 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. This intensity target applies to both Scope 1 and Scope 2 emissions. As part of its efforts, Noble retains the right to all drilling work involved in Project Greensand until the end of 2027.