Novatek, officially known as Novatek PAO, is a leading independent natural gas producer headquartered in Russia. Established in 1994, the company has grown significantly, becoming a key player in the global energy sector, particularly in the exploration, production, and processing of natural gas and liquid hydrocarbons. With major operations in the Yamal-Nenets Autonomous Okrug and the Gydan Peninsula, Novatek is renowned for its innovative approaches to liquefied natural gas (LNG) production, notably through its flagship Yamal LNG project. The company’s commitment to sustainable practices and advanced technologies has positioned it as a market leader, contributing to Russia's status as a top natural gas exporter. Novatek's unique offerings, including its focus on environmentally friendly production methods, have garnered international recognition, solidifying its reputation as a forward-thinking entity in the energy industry.
How does Novatek'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 Natural Gas 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.
Novatek's score of 18 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Novatek reported total carbon emissions of approximately 176,397,000,000 kg CO2e, with emissions distributed across various scopes: 9,482,000,000 kg CO2e from Scope 1, 173,000,000 kg CO2e from Scope 2, and 176,397,000,000 kg CO2e from Scope 3. The company has shown a significant increase in emissions over the years, particularly in Scope 3, which includes emissions from the use of sold products. Novatek's emissions data from previous years indicates a trend of increasing emissions, with 2022 figures showing approximately 181,328,000,000 kg CO2e in Scope 3 emissions. The company has not disclosed specific reduction targets or initiatives aimed at decreasing its carbon footprint, nor has it committed to any science-based targets for emissions reduction. Overall, while Novatek has made strides in reporting its emissions, the lack of defined reduction targets raises questions about its long-term climate commitments and strategies for mitigating climate impact.
Access structured emissions data, company-specific emission factors, and source documents
2012 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 12,787,500 | 0.00 | 0.00 | 0.00 | 0,000,000 | 0,000,000,000 | 00,000,000,000 | 0,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 4,118,000 | - | - | - | 000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 25,517,200 | - | - | - | - | 000,000 | 000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
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.
Novatek 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.