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Noble Energy, Inc., a prominent player in the crude petroleum industry, is headquartered in the United States and operates primarily in the Gulf of Mexico and the Eastern Mediterranean. Founded in 1932, the company has established itself as a leader in crude oil extraction and related services, excluding surveying, with a focus on innovative exploration and production techniques.
Noble Energy is renowned for its commitment to operational excellence and sustainability, offering a range of services that enhance efficiency in oil extraction. The company has achieved significant milestones, including successful offshore drilling projects and strategic partnerships that bolster its market position. With a reputation for reliability and technological advancement, Noble Energy continues to be a key contributor to the global energy landscape.
-4 vs industry average
Noble Energy, Inc.’s score of 12 is lower than 35% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Crude Oil Extraction is among the most carbon-intensive industries
The Crude Oil Extraction industry has reduced its overall emissions by 16% since 2018
Scope 3 accounts for ••• of total emissions.
Noble Energy, Inc., a US-based company in the crude petroleum and related services industry, reported its most recent carbon emissions for 2018.
In 2018, the company's Scope 1 emissions were approximately 461,872,000 kg CO2e, comprising 37,197,000 kg CO2e from mobile combustion, 41,259,000 kg CO2e from fugitive emissions, and 383,106,000 kg CO2e from stationary combustion. Scope 2 emissions for the same year were 30,803,000 kg CO2e, and Scope 3 emissions totalled 17,088,000 kg CO2e.
Looking back, in 2017, Noble Energy's Scope 1 emissions were about 491,872,000 kg CO2e (33,197,000 kg CO2e from mobile combustion, 83,308,000 kg CO2e from fugitive emissions, and 375,367,000 kg CO2e from stationary combustion). Scope 2 emissions were 38,438,000 kg CO2e, and Scope 3 emissions were 13,337,000 kg CO2e. In 2016, Scope 1 emissions were approximately 710,211,000 kg CO2e (29,348,000 kg CO2e from mobile combustion, 126,073,000 kg CO2e from fugitive emissions, and 554,790,000 kg CO2e from stationary combustion), Scope 2 emissions were 23,011,000 kg CO2e, and Scope 3 emissions were 12,675,000 kg CO2e.
Noble Energy, Inc. has set reduction targets. In 2018, the company initiated a significant capital investment project aimed at reducing air emissions on its Tamar gas production platform. This project, operational from 2019, is projected to achieve an approximate 93% reduction in methane emissions (Scope 1) and an approximate 98% reduction in non-methane VOC emissions (Scope 2).
Noble Energy, Inc. is a current subsidiary, with its CA100 initiative sourced from Chevron Corporation.
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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.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
No scope 3 category breakdown has been disclosed yet.


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