Novanta Inc.
Novanta Inc., a leading provider of precision photonics and motion control solutions, is headquartered in the United States. Founded in 1980, the company has established a strong presence in key operational regions, including North America, Europe, and Asia. Novanta operates primarily within the advanced manufacturing and medical technology sectors, offering innovative products that enhance performance and efficiency. The company’s core offerings include high-performance laser systems, motion control components, and imaging solutions, all designed to meet the rigorous demands of industries such as healthcare, industrial automation, and scientific research. Novanta's commitment to quality and innovation has positioned it as a trusted partner for customers seeking cutting-edge technology. With a history of significant milestones, Novanta continues to achieve notable recognition in the market, solidifying its reputation as a leader in precision solutions.
DitchCarbon Score
How does Novanta Inc.'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 Electricity from Other Sources 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
Novanta Inc.'s score of 30 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Novanta Inc.'s reported carbon emissions
In 2023, Novanta Inc. reported total greenhouse gas emissions of approximately 1,564,000 kg CO2e for Scope 1 and Scope 2 combined. This figure includes 438,000 kg CO2e from Scope 1 emissions and 1,126,000 kg CO2e from Scope 2 emissions. The company has set an ambitious target to achieve a 15% reduction in the intensity of its Scope 1 and Scope 2 greenhouse gas emissions by 2027, using 2022 as the baseline year. This commitment is part of a broader goal to attain carbon neutrality by 2050. In 2022, Novanta's global emissions were approximately 6,214,000 kg CO2e, with Scope 1 emissions at 1,360,000 kg CO2e and Scope 2 emissions at 4,854,000 kg CO2e. The company has demonstrated a proactive approach to climate commitments, focusing on reducing its carbon footprint through targeted initiatives. Overall, Novanta Inc. is dedicated to enhancing its sustainability practices and reducing its environmental impact, aligning with industry standards for climate action.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 1,292,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 4,196,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - |
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.
Novanta Inc. 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.
