Novo Resources Corp. Sustainability Profile
Novo Resources Corp., a prominent player in the mining industry, is headquartered in Canada and primarily operates in the mineral exploration sector. Founded in 2010, the company has made significant strides in advancing its projects, particularly in the Pilbara region of Western Australia, known for its rich gold deposits. Specialising in the exploration and development of gold and other mineral resources, Novo Resources distinguishes itself through innovative exploration techniques and a commitment to sustainable practices. The company’s unique approach to resource extraction has garnered attention, positioning it as a leader in the sector. With a strong focus on advancing its flagship projects, Novo Resources has achieved notable milestones, including successful partnerships and significant resource discoveries, solidifying its reputation in the competitive mining landscape.
DitchCarbon Score
How does Novo Resources Corp.'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 Lead, Zinc, and Tin Processing 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
Novo Resources Corp.'s score of 23 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Novo Resources Corp.'s reported carbon emissions
In 2024, Novo Resources Corp. reported total carbon emissions of approximately 11,713,000 kg CO2e, encompassing both Scope 1 and Scope 2 emissions. In the previous year, 2023, the company recorded emissions of about 11,821,000 kg CO2e, with Scope 1 emissions at approximately 38,000 kg CO2e and Scope 2 emissions at around 77,000 kg CO2e. This indicates a slight decrease in total emissions from 2023 to 2024. For 2022, Novo's emissions were approximately 11,859,000 kg CO2e, with Scope 1 emissions at about 11,821,000 kg CO2e and Scope 2 emissions at around 38,000 kg CO2e. The data reflects a consistent reporting of emissions across the years, but no specific reduction targets or climate pledges have been identified in their initiatives. Novo Resources Corp. does not currently disclose any Scope 3 emissions data, nor do they have any cascading emissions data from a parent or related organization. The company is actively engaged in monitoring its carbon footprint but has not set formal reduction targets or commitments through initiatives such as the Science Based Targets initiative (SBTi).
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 11,821,000 | 00,000 | - |
| Scope 2 | 38,000 | 00,000 | - |
| Scope 3 | - | - | - |
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Novo Resources Corp.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Novo Resources Corp. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
