Northern Oil & Gas, Inc. Sustainability Profile
Northern Oil & Gas, Inc., often referred to as NOG, is a prominent player in the oil and gas industry, headquartered in the United States. Established in 2006, the company has rapidly expanded its operations, primarily focusing on the acquisition and development of oil and natural gas properties in key regions such as the Bakken and Permian basins. Specialising in the exploration and production of hydrocarbons, Northern Oil & Gas distinguishes itself through its strategic partnerships and innovative approaches to resource management. The company has achieved significant milestones, including a robust portfolio of high-quality assets and a strong market position, making it a notable entity in the energy sector. With a commitment to operational excellence, Northern Oil & Gas continues to drive growth and sustainability in an ever-evolving market.
DitchCarbon Score
How does Northern Oil & Gas, 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 Gas/Diesel Oil 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
Northern Oil & Gas, Inc.'s score of 26 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Northern Oil & Gas, Inc.'s reported carbon emissions
In 2024, Northern Oil & Gas, Inc. reported total carbon emissions of approximately 21,573,510,000 kg CO2e. This figure includes Scope 1 emissions of about 16,800 kg CO2e, Scope 2 emissions of approximately 207,900 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 21,573,285,000 kg CO2e. In 2023, the company recorded total emissions of about 17,261,556,000 kg CO2e, with Scope 1 emissions at approximately 13,800 kg CO2e, Scope 2 emissions around 211,800 kg CO2e, and Scope 3 emissions reaching about 17,261,331,000 kg CO2e. The trend indicates a substantial reliance on Scope 3 emissions, which encompass indirect emissions from the value chain. Northern Oil & Gas has set ambitious climate commitments, aiming to reduce both Scope 1 and Scope 2 emissions to near zero by the middle of this decade, specifically targeting completion by 2025. These commitments reflect a proactive approach to addressing climate change and align with industry standards for emissions reduction. The company does not inherit emissions data from any parent or related organization, ensuring that its reported figures are solely its own. Overall, Northern Oil & Gas is taking significant steps towards reducing its carbon footprint while navigating the complexities of the oil and gas sector.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 8,300 | 00,000 | 00,000 |
| Scope 2 | 175,000 | 000,000 | 000,000 |
| Scope 3 | 12,988,636,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Northern Oil & Gas, Inc.'s Industry?
How Carbon Intensive is Northern Oil & Gas, Inc.'s Location?
Northern Oil & Gas, 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.
Northern Oil & Gas, 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.
