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 20 is higher than 92% 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 9482000000 kg CO2e from Scope 1, 173000000 kg CO2e from Scope 2, and 176397000000 kg CO2e from Scope 3. This indicates a significant reliance on fossil fuel production, with Scope 3 emissions primarily arising from the use of sold products. Over the years, Novatek has shown fluctuations in its emissions. For instance, in 2022, the company emitted about 9423000000 kg CO2e from Scope 1, 167000000 kg CO2e from Scope 2, and 181328000000 kg CO2e from Scope 3. The data from 2021 indicates similar trends, with Scope 1 emissions at approximately 10048000000 kg CO2e and Scope 3 emissions at about 177815000000 kg CO2e. Despite these figures, Novatek has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company operates within the oil and gas sector, which is under increasing scrutiny for its environmental impact, particularly regarding greenhouse gas emissions. Overall, while Novatek's emissions data reflects its substantial operational footprint, the lack of defined reduction strategies highlights a potential area for improvement in its climate commitments.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Get Started| 2012 | 2014 | 2015 | 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 12,787,500 | 0.00 | 0.00 | 0.00 | 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 |
| Scope 3 | 25,517,200 | - | - | - | 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.
