Novatek

Novatek's reported carbon emissions

Novatek, headquartered in RU, reported its carbon emissions for several years, with the most recent data available for 2024. In 2024, Novatek's Scope 1 emissions were approximately 9.57 billion kg CO2e, Scope 2 emissions were about 178.11 million kg CO2e, and Scope 3 emissions were approximately 181.66 billion kg CO2e. The total combined emissions for 2024 were approximately 191.41 billion kg CO2e. For 2023, Novatek's Scope 1 emissions were about 9.48 billion kg CO2e, Scope 2 emissions were around 173.46 million kg CO2e, and Scope 3 emissions were approximately 176.40 billion kg CO2e. Looking back, in 2022, Novatek's Scope 1 emissions totalled about 9.42 billion kg CO2e, with Scope 2 emissions at approximately 166.52 million kg CO2e, and Scope 3 emissions at roughly 181.33 billion kg CO2e. In 2021, Scope 1 emissions were approximately 10.05 billion kg CO2e, Scope 2 emissions were about 169.00 million kg CO2e, and Scope 3 emissions were around 177.82 billion kg CO2e. Novatek has set emission reduction targets. The company aims to reduce its Scope 1 emissions to near zero by 2025, with a baseline year set in 2016 for production entities. Similarly, Novatek aims to reduce its Scope 2 emissions to near zero by 2025, also using 2016 as a baseline for production entities. Further, baseline years for specific GHG emissions were established: 2016 for production entities, 2017 for hydrocarbon processing entities, and 2018 for LNG entities, with a long-term timeframe for these targets.