Novatek

Novatek, headquartered in RU, reported its 2024 carbon emissions as follows: Scope 1 emissions were approximately 9.57 billion kg CO2e, Scope 2 emissions were around 178.1 million kg CO2e, and Scope 3 emissions totalled approximately 181.66 billion kg CO2e. Key categories within Scope 3 included about 174.33 billion kg CO2e from the use of sold products and approximately 7.09 billion kg CO2e from downstream transportation and distribution.

In 2023, Novatek's emissions were approximately 9.48 billion kg CO2e for Scope 1, around 173.46 million kg CO2e for Scope 2, and about 176.4 billion kg CO2e for Scope 3. The majority of Scope 3 emissions came from the use of sold products, accounting for approximately 170.03 billion kg CO2e, and downstream transportation and distribution, at roughly 6.37 billion kg CO2e.

For 2022, Novatek recorded Scope 1 emissions of approximately 9.42 billion kg CO2e, Scope 2 emissions of about 166.52 million kg CO2e, and Scope 3 emissions of roughly 181.33 billion kg CO2e, with use of sold products at approximately 174.91 billion kg CO2e and downstream transportation and distribution at about 6.42 billion kg CO2e.

Novatek has set long-term net-zero targets for Scope 1 and Scope 2 emissions, using 2016 as a baseline for production entities, 2017 for hydrocarbon processing entities, and 2018 for LNG entities. The company also aims for a near-term reduction of its Scope 1 and Scope 2 emissions to "near zero by the middle of this decade," referencing targets set with a 2016 baseline year and an end year of 2025. These targets are based on information from the company's 2018 and 2016 sustainability reports.