NOVONIX
NOVONIX Limited, headquartered in Australia, is a leading player in the battery materials and technology industry. Founded in 2013, the company has rapidly established itself as a key innovator in the development of advanced materials for lithium-ion batteries, catering to the growing demand for sustainable energy solutions. With major operations in North America and Australia, NOVONIX focuses on producing high-performance anode materials and battery testing services. Their unique offerings, such as synthetic graphite and proprietary testing technologies, set them apart in a competitive market. Recognised for their commitment to quality and sustainability, NOVONIX has achieved significant milestones, including partnerships with major automotive manufacturers and a strong position in the clean energy sector. As the world shifts towards greener technologies, NOVONIX continues to drive advancements in battery performance and efficiency.
DitchCarbon Score
How does NOVONIX'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 Electrical Machinery Manufacturing 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
NOVONIX's score of 24 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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NOVONIX's reported carbon emissions
In 2024, NOVONIX reported total carbon emissions of approximately 20,860,000 kg CO2e from Scope 1, 8,008,000 kg CO2e from Scope 2, and 14,142,600 kg CO2e from Scope 3 emissions. The Scope 3 emissions include about 1,874,000 kg CO2e attributed to purchased goods and services. In 2023, the company recorded similar Scope 1 emissions of 2,086,000 kg CO2e, but Scope 2 emissions were significantly higher at 116,000,000 kg CO2e, indicating a substantial increase in energy-related emissions. NOVONIX has not disclosed specific reduction targets or initiatives as part of its climate commitments, nor does it appear to have cascaded any targets from parent organisations. The company is actively engaged in monitoring its emissions but has not yet established formal science-based targets or commitments to reduce its carbon footprint. Overall, NOVONIX's emissions data reflects its operational impact, with a focus on understanding and managing its carbon emissions as part of its broader sustainability strategy.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 2,086,000 | 0,000,000 |
| Scope 2 | 116,000,000 | 0,000,000 |
| Scope 3 | - | 00,000,000 |
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.
NOVONIX is not participating in any of the initiatives that 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.
