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 6 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Nov reported total carbon emissions of approximately 398,000,000 kg CO2e, comprising about 192,000,000 kg CO2e from Scope 1 and about 206,000,000 kg CO2e from Scope 2 emissions. This marked a significant reduction from 2021, where emissions totalled approximately 384,214,000 kg CO2e, with Scope 1 emissions at about 177,336,000 kg CO2e and Scope 2 emissions at approximately 206,878,000 kg CO2e. In 2018, Nov's emissions were considerably higher, with Scope 1 emissions reaching about 1,010,000,000 kg CO2e and Scope 2 emissions at approximately 320,000,000 kg CO2e. This indicates a notable downward trend in emissions over the years. Despite these reductions, Nov has not publicly committed to specific science-based targets or climate pledges, which may limit their accountability in future emissions reductions. The company operates within a sector that is increasingly scrutinised for its environmental impact, highlighting the importance of robust climate commitments moving forward.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2018 | 2021 | 2022 | |
---|---|---|---|
Scope 1 | 1,010,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 320,000,000 | 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 committed to any reduction initiatives 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.