Nov

NOV, a US-headquartered company in the crude petroleum and related services industry, reported global Scope 1 emissions of approximately 143,931,000 kg CO2e and Scope 2 emissions of approximately 242,569,000 kg CO2e in 2025. In 2024, the company's global Scope 1 emissions were approximately 135,554,000 kg CO2e and Scope 2 emissions were approximately 275,469,000 kg CO2e. For 2023, NOV's global Scope 1 emissions were around 135,671,000 kg CO2e, and Scope 2 emissions were approximately 243,080,000 kg CO2e.

NOV is working to be at the forefront of Carbon Capture, Utilisation, and Storage (CCUS) technologies to help customers de-risk their efforts by providing reliable, scalable, and cost-effective carbon capture technologies. The company has a near-term intensity target to reduce Scope 1 and 2 greenhouse gas emissions by 43% per gross ton mile by 2030, from a 2019 base year. This target is cascaded from NOV Inc. and has been approved by the Science-Based Targets initiative (SBTi), aligning with a well-below 2-degree scenario. Additionally, NOV has a long-term net-zero target to reduce absolute Scope 1, 2, and 3 greenhouse gas emissions by 90% by 2050 from a 2019 base year, also cascaded from NOV Inc.