Noble Energy, Inc. Sustainability Profile
Noble Energy, Inc., a prominent player in the energy sector, is headquartered in the United States and operates primarily in the oil and natural gas industry. Founded in 1932, the company has established a strong presence in key operational regions, including the Gulf of Mexico, the Eastern Mediterranean, and the DJ Basin in Colorado. Noble Energy is renowned for its innovative exploration and production techniques, focusing on sustainable energy solutions. The company’s core services encompass the development of oil and gas resources, with a commitment to environmental stewardship and operational excellence. With a history marked by significant milestones, Noble Energy has positioned itself as a leader in the market, recognised for its strategic partnerships and successful projects that enhance energy security and drive economic growth.
DitchCarbon Score
How does Noble Energy, Inc.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Crude Oil Extraction industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Noble Energy, Inc.'s score of 11 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Noble Energy, Inc.'s reported carbon emissions
In 2018, Noble Energy, Inc. reported total carbon emissions of approximately 471,000,000 kg CO2e, comprising Scope 1 emissions of about 412,000,000 kg CO2e, Scope 2 emissions of approximately 30,800,000 kg CO2e, and Scope 3 emissions of around 17,000,000 kg CO2e. The company has made significant commitments to reduce its carbon footprint, particularly through a capital investment project initiated in 2018 aimed at its Tamar gas production platform. This project is expected to reduce methane emissions by about 93% and non-methane volatile organic compound (VOC) emissions by approximately 98%, with operational implementation anticipated in 2019. Noble Energy's emissions data is cascaded from its parent company, Chevron Corporation, reflecting its current subsidiary status. The company has not publicly disclosed any Science-Based Targets Initiative (SBTi) reduction targets. However, its ongoing initiatives demonstrate a commitment to addressing climate change and reducing greenhouse gas emissions across its operations.
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| 2016 | 2017 | 2018 | |
|---|---|---|---|
| Scope 1 | 710,211,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 23,011,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 12,675,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Noble Energy, Inc.'s Industry?
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Noble Energy, Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Noble Energy, Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
