Nova Chemicals
Nova Chemicals Corporation, commonly referred to as Nova Chemicals, is a leading player in the petrochemical industry, headquartered in Calgary, Alberta, Canada. Founded in 1984, the company has established itself as a key manufacturer of polyethylene and styrenic products, serving diverse markets across North America and beyond. With a strong focus on sustainability, Nova Chemicals is committed to producing innovative materials that enhance everyday life while minimising environmental impact. Their core offerings include advanced polyethylene resins, which are renowned for their versatility and performance in packaging, automotive, and consumer goods applications. Recognised for its commitment to safety and operational excellence, Nova Chemicals has achieved significant milestones, including advancements in circular economy initiatives. As a prominent entity in the chemical sector, the company continues to drive growth and innovation, solidifying its market position as a trusted supplier of high-quality materials.
DitchCarbon Score
How does Nova Chemicals'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 Chemicals 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
Nova Chemicals's score of 19 is lower than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nova Chemicals's reported carbon emissions
In 2022, Nova Chemicals reported significant carbon emissions, totalling approximately 3,729,000,000 kg CO2e for Scope 1, 852,000,000 kg CO2e for Scope 2, and 13,200,000,000 kg CO2e for Scope 3 emissions. This data reflects a slight decrease in Scope 1 emissions from 3,820,000,000 kg CO2e in 2021, while Scope 2 emissions increased marginally from 837,000,000 kg CO2e. Scope 3 emissions also saw a reduction from 14,900,000,000 kg CO2e in 2021. Nova Chemicals has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. The company operates as a current subsidiary of NOVA Chemicals Corporation, which may influence its emissions reporting and climate strategies. The company’s GHG emissions intensity for Scope 1 and 2 was reported at about 690.0 tonnes CO2e per sales product in 2022, showing a slight increase from 650.0 tonnes CO2e in 2021. This indicates a need for further efforts to enhance sustainability practices and reduce overall emissions. Overall, while Nova Chemicals has made strides in emissions reporting, the lack of specific reduction commitments highlights an area for potential improvement in their climate strategy.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 3,437,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 760,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Nova Chemicals 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.
