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OrganisationsNoble
Noble logo

Noble

Patent FuelUnited KingdomNYSE: NE
Last verified 1 month 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.

24
DitchCarbon score

+10 vs industry average

Noble’s score of 24 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

507.132
20192024

The Patent Fuel industry has reduced its overall emissions by 22% since 2019

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 in the Patent Fuel industry, is actively working to reduce its environmental impact. For the reporting year 2024, Noble reported total emissions of approximately 872 million kg CO2e, encompassing Scope 1 and Scope 2 emissions. Scope 1 emissions for 2024 were about 870.4 million kg CO2e, while Scope 2 emissions (location-based) were approximately 1.53 million kg CO2e. Additionally, Scope 3 emissions, specifically from business travel, amounted to about 34.07 million kg CO2e in 2024. In 2023, Noble's total emissions were approximately 859 million kg CO2e. This included Scope 1 emissions of about 858.07 million kg CO2e and Scope 2 emissions of approximately 1.04 million kg CO2e. Business travel within Scope 3 contributed about 21.91 million kg CO2e. Noble has set a significant target to decrease the carbon intensity of its drilling operations by 20% by 2030, using 2021 as the baseline year. This intensity reduction applies to both Scope 1 and Scope 2 emissions, measured as metric tons of CO2e per contracted day for rig type. The company also 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 for this initiative.

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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
1 month ago
24
D
Dresser-Rand Group Inc.
US-
25 days ago
92
View
Fugro logoFugro
NLBusiness Services
20 hours ago
75
View
Valaris logoValaris
GBCrude Oil Extraction
25 days ago
57
View
Kirby logoKirby
USBusiness Services
21 days ago
42
View
Modec logoModec
JPBusiness Services
6 hours ago
36
View
Transocean logoTransocean
CHBusiness Services
1 day ago
34
View

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Ditchcarbonv260319.2
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