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 21.6 billion 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 21.6 billion kg CO2e. The company has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by the middle of this decade, specifically targeting the years 2023 to 2025. This commitment reflects a proactive approach to addressing its carbon footprint and aligns with industry standards for climate action. In 2023, Northern Oil & Gas, Inc. reported total emissions of about 17.3 billion kg CO2e, with Scope 1 emissions at approximately 13,800 kg CO2e and Scope 2 emissions at around 211,800 kg CO2e. The substantial majority of emissions stemmed from Scope 3, which accounted for about 17.3 billion kg CO2e. Overall, Northern Oil & Gas, Inc. is actively working towards significant reductions in its carbon emissions, demonstrating a commitment to sustainability and climate responsibility within 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 |
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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.
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