Nov, Inc., commonly referred to as Nov, is a leading provider of technology solutions for the energy sector, headquartered in the United States. Founded in 2020, Nov has rapidly established itself as a key player in the oil and gas industry, with significant operations across North America and international markets. The company focuses on delivering innovative products and services, including advanced drilling technologies and wellbore construction solutions. Nov's unique approach combines cutting-edge engineering with a commitment to sustainability, setting it apart from competitors. With a strong market position, Nov has achieved notable milestones, including strategic partnerships and a growing portfolio of patented technologies. As the energy landscape evolves, Nov continues to drive progress and efficiency, reinforcing its reputation as a trusted partner in the industry.
How does Nov'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.
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.
Nov's score of 14 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, NOV reported total carbon emissions of approximately 378,751,000 kg CO2e, comprising 135,671,000 kg CO2e from Scope 1 and 243,080,000 kg CO2e from Scope 2 emissions. This marks a decrease from 2022, where emissions were about 368,637,000 kg CO2e, with Scope 1 at 148,289,000 kg CO2e and Scope 2 at 220,348,000 kg CO2e. In 2021, emissions were higher at approximately 384,013,000 kg CO2e, with Scope 1 emissions of 177,336,000 kg CO2e and Scope 2 at 206,677,000 kg CO2e. NOV has set ambitious climate commitments, aiming for significant reductions in both Scope 1 and Scope 2 emissions by 2030. The company is focusing on advancing carbon capture, utilisation, and storage (CCUS) technologies to support these goals. While specific percentage reduction targets have not been disclosed, NOV's initiatives reflect a commitment to sustainability and reducing their carbon footprint in the near term. Overall, NOV's emissions data and climate commitments illustrate a proactive approach to addressing climate change, with a focus on innovative technologies to enhance their environmental performance.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 1,010,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 320,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - | - |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Nov is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.