Novatek
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
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.
Novatek's reported carbon emissions
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 commitment to transparency by disclosing emissions data across all three scopes. Over the years, Novatek has made significant strides in managing its carbon footprint. For instance, in 2022, the total emissions were about 181,328,000,000 kg CO2e, indicating a slight increase in Scope 3 emissions. However, the company has not set specific reduction targets or initiatives as part of its climate commitments, which may limit its ability to effectively address its overall emissions. The company’s emissions intensity metrics, such as the direct GHG emissions intensity from LNG production, are reported at 240 kg CO2e per tonne, reflecting its operational impact. Novatek's ongoing efforts to monitor and report emissions are crucial in the context of the global push for sustainability and climate action, particularly in the fossil fuel sector.
Unlock detailed emissions data
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 |
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.
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.
