Nov

Nov's reported carbon emissions

NOV Inc., headquartered in the US and operating in the crude petroleum and services related to crude oil extraction industry, reported a combined Scope 1 and 2 emissions total of approximately 411,023,000 kg CO2e for 2024. This figure represents a decrease from the approximately 378,751,000 kg CO2e reported for 2023 and approximately 368,636,000 kg CO2e for 2022. In 2021, total Scope 1 and 2 emissions were approximately 384,013,000 kg CO2e, and in 2018, they stood at approximately 1,330,000,000 kg CO2e. NOV Inc. does not currently disclose Scope 3 emissions data, with purchased goods and services identified as a missing data point. While specific reduction targets are not detailed for NOV Inc. directly within the provided data, the company's sustainability report highlights its work in carbon capture technologies, aiming to assist customers in de-risking carbon capture, utilisation, and storage (CCUS) efforts. This initiative is described in the context of working towards net-zero goals. Additionally, the data references targets from CN (Canadian National Railway Company), which has an SBTi-approved commitment to reduce its Scope 1 and 2 GHG emissions by 43% per gross ton mile by 2030 from a 2019 base year. CN also aims for a 90% reduction in absolute Scope 1, 2, and 3 GHG emissions by 2050 from a 2019 base year. It is important to note that this CN data is referenced in a CDP report and is not directly stated as NOV Inc.'s own target.